Oracle 1z0-1065-24 Exam With Confidence Using Practice Dumps

To select the attributes to be monitored for a supplier model, you use the Manage Audit Policies task in the Setup and Maintenance work area. This task allows you to enable auditing for various business objects, such as suppliers, supplier sites, supplier contacts, and supplier bank accounts. You can also select the attributes of each business object that you want to audit, such as supplier name, address, tax number, and so on. By enabling auditing, you can track the changes made to the supplier model and generate audit reports to protect against fraud.

References:

Overview of Audit Configuration, Section 2.1: “Enable Auditing for Business Objects”

Supplier Profile Audit History Setup and Reporting, Section 1: “Supplier Profile Audit History Setup and Reporting”

To create a location for your purchasing headquarters, you can follow these steps:

Navigate to the Setup and Maintenance work area and search for the Manage Locations task.

Click on the Go to Task icon to open the Manage Locations page.

Click on the Create icon to create a new location.

Enter the following information in the Create Location dialog box:

Location Set: US Location Set

Name: PRC01 Location

Code: PRC01LOC

Address Line 1: 1000 Main St

City: Redwood City

State: CA

Postal Code: 94065

Country: United States

Check the Active check box to make the location active.

Click on the Save and Close button to save the location.

You have successfully created a location for your purchasing headquarters. You can verify the location details by searching for it in the Manage Locations page.

OR use the following:Following the scenario, we need to create a Location in Oracle Procurement Cloud for your purchasing headquarters in Redwood City, CA, with the following details:

Location Set: US Location Set

Name: PRCXX Location (Replace xx with 01)

Code: PRCXXLOC (Replace xx with 01)

Address: 1000 Main St, Redwood City, CA, 94065

Status: Active

Here are the steps to create the location:

Navigate to Manage Locations:

Go to the Global Navigation Menu.

Click on Workforce Structures.

Click on Locations under My Client Groups.

Create the Location:

Click on the Create icon (+ icon).

Enter the Location Information:

Location Set: Select "US Location Set" from the dropdown list.

Name: Enter "PRCXX Location" (replace xx with 01).

Code: Enter "PRCXXLOC" (replace xx with 01).

Address:

Enter "1000 Main St" in Address Line 1.

Enter "Redwood City" in the City field.

Select "CA" from the State dropdown list.

Enter "94065" in the Postal Code field.

Status: Select "Active" from the dropdown list.

Save the Location:

Click on the Save button.

Verification:

The Location "PRCXX Location" (replace xx with 01) should now be listed in the Manage Locations page.

You can verify the details of the location by clicking on it.

To create a new Purchasing Line Type, you can follow these steps:

Navigate to the Setup and Maintenance work area and search for the Manage Purchasing Line Types task.

Click on the Go to Task icon to open the Manage Purchasing Line Types page.

Click on the Create icon to create a new line type.

Enter the following information in the Create Line Type dialog box:

Name: PRC01 Computer Goods

Code: PRC01COMP

Purchase Basis: Quantity

Product Type: Goods

Category: Computer Supplies

Unit of Measure: Ea

Click on the Save and Close button to save the line type.

You have successfully created a new Purchasing Line Type. You can verify the line type details by searching for it in the Manage Purchasing Line Types page. For more information on how to define and use line types, you can refer to the Defining Line Types (Oracle Purchasing Help) document.

Or use the following:

Following the scenario, we need to create a new Purchasing Line Type in Oracle Procurement Cloud named "PRCXX Computer Goods" (replace xx with 01) for purchasing computer supplies.

Here are the steps to create the Purchasing Line Type:

Navigate to Manage Purchasing Line Types:

Go to the Global Navigation Menu.

Click on Procurement.

Click on Setup and Maintenance.

Click on Purchasing Line Types.

Create the Purchasing Line Type:

Click on the Create icon (+ icon).

Enter the Purchasing Line Type Information:

Name: Enter "PRCXX Computer Goods" (replace xx with 01).

Code: Enter "PRCXXCOMP".

Purchase Basis: Select "Quantity-Based".

Product Type: Select "Goods".

Category: Select "Computer Supplies".

Unit: Enter "Ea" (for Each).

Description: (Optional) Enter a brief description of the line type.

Map Accounts:

Click on the Map Accounts tab.

Select the appropriate accounts for the following:

Inventory Asset Account

Inventory Expense Account

Cost of Goods Sold Account

Click on the Save and Close button.

Save the Purchasing Line Type:

Click on the Save button.

Verification:

The Purchasing Line Type "PRCXX Computer Goods" (replace xx with 01) should now be listed in the Manage Purchasing Line Types page.

You can verify the details of the line type by clicking on it.

The purchase basis, product type, category, unit, and mapped accounts should be displayed as specified above.

Additional Notes:

Make sure to replace "xx" with your allocated User ID (01) in both the Purchasing Line Type name and code for consistent naming convention.

Mapped accounts define where the financial transactions associated with this line type will be posted in the General Ledger.

Carefully review the mapped accounts to ensure they are aligned with your organization's accounting practices.