A client rents equipment for special events. They havethe following invoicing requirements: invoice must De entered and be due either immediately, or 20 or 10 days before the event. The Deferred Event Revenue Account for Rentals is to be credited at the time of invoice booking. After the events occur, theclient wants all lines to debit the Deferred Event Revenue Account and credit the Event Revenue.
How can you meet this requirement?
If a receipt cannot be automatically matched or transaction information is not available, Receivables can use theAutoCash rule set.
In which three places is the rule set found? (Choose three.)
Your Cloud client has decided to use Channel RevenueManagement Integration with Receivables for Claim creation and Settlements created by Spreadsheet or SOAP services.
Which three setup steps are predefined for this feature? (Choose three.)
Which configuration taskneeds to be completed before you can create Bills Receivables for a customer?
When deciding how to set up the system to recognize revenue, it isimportant to understand the extent of revenue deferral and the subsequent timing of revenue recognition.
Which two statements are true when you consider that recognition depends on the nature of the contingency? (Choose two.)
Which three transaction types are used to generate late charges? (Choose three.)
ABC Company uses euros as the ledger currency, and it receives an invoice with three line items in Norwegiankrone. For this example, the conversion rate between the krone and the euro is 6.55957. The lines total of invoice is 7.93Â euro. However, the invoice amount shows a total of 7.92Â euro. The user was not able to run the accounting.
Where should you define the header-level rounding account?
Identify three activities that you can perform from the Collections Dashboard. (Choose three.)