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On Jan 10th, Debit Prepaid Expense for 12,000 and Credit Liability 12,000

On Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000

On Jan 10th, Debit Prepaid Expense 12,000 and Credit Liability for 12,000 and thenOn Jan 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Feb 28th, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for 4,000

On Mar 31st, Debit Rental Expense for 4,000 and Credit Prepared Expense for4,000On Jan 10th, Debit Rental Expense for 12,000 and Credit Cash for 12,000

Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero.

Both the invoice and the credit memo are paid and a refund of $25 USD is created.

Both the invoice and credit memo are included in the payment process request for a payment amount of $0 USD. The credit memo is partially paid with a remaining credit of $25 USD.

Both the invoice and the credit memo are selected and the Payment Process Request requires attention.

For period end accruals, accounting is created at material receipt or at delivery to a final destination.

For period end accruals, the invoice accounting debits the expense account and credits the liability account.

For perpetual accruals, the invoice accounting debits the accrual account and credits the liability account.

For period end accruals, the invoice accounting for inventory items debits receipt inventory and credits the uninvoiced receipts.

Make sure you assign an Account parameter when running the extract to include liability accounts.

Make sure you specified a Business Unit in the parameters when running the extract.

Make sure you enabled the Reconciliation flag to all of your liability natural account values.

Make sure you assigned a Financial Category of Accounts Payable to all your liability natural account values.

allow you to secure data by business unit

allow you to assign multiple business units to users in a shared service center

allow you to maintain sets of related data in a Data Dictionary

allow you to share reference data, such as payment terms,across multiple business units to avoid redundant setup

You must run the prepare Intercompany Reconciliation Reporting Information process.

The reconciliation period summary report will not show the intercompany receivables and intercompany payables lines generated for the provider and receiver of each intercompany transaction.

The reports will show the intercompany receivable and the intercompany payable lines generated by the intercompany balancing feature.

The reports will include Ledger balancing lines generated when the primary balancing segment value is in balance but either the secondbalancing segment or the third balancing segment is out of balance.

You can drill down on the links in the Period Summary report to view the balances by Intercompany Organization.

The expense report status remains Pending Payables Approval.

Theexpense report is routed back to the approvers.

The audit can be completed before the requested information is received from the employee.

The employee must resubmit the expense report.

Manage Invoice Options and Manage common options for Payables and Procurement

Manage Payable Options and Manage Invoice Options

Manage Invoice Options and Manage Procurement agents

Manage common options for Payables and Procurement and Manage Procurement agents

Manage Payment Options and Manage common options for Payables and Procurement

You did not define conversion rates for your business unit.

You did not specify a defaultexpense template.

Only cash transactions use those settings.

You did not define conversion rates in the General Ledger Cloud.

Data for all business units and one balancing segment in the ledger

Data for authorized business units only; no GL data is visible

Data for all business units and all balancing segments in the ledger

Data for authorized business units and GL data for all balancing segments in the ledger (unless restricted)

Both the invoice and the credit memo are included in the Payment Process Request.

Neither the invoice nor the credit memo is included in the PaymentProcess Request.

Both the invoice and the credit memo are fully paid.

Only the invoice is paid fully but the credit memo is partially paid with a credit of ($100) USD remaining.

Use segment valuesecurity rules to secure access to business units.

Assign the Expense Auditor Vision Operations and Expense Auditor Vision Services data roles to each Expense Auditor.

Assign the Expense Auditor as the owner of each business unit.

Assign theExpense Auditor job roles to each auditor.

SingleTypeParticipantInParallelModeRuleSet

FyiTypeParticipantInParallelModeRuleSet

InvoiceApprovalRuleSet

ParallelTypeParticipantInParallelModeRuleSet

From the Party Tax Profile of the Third Party Site

From the Manage Tax Reporting and Withholding Tax Options

From the Income Tax region of theSupplier

From the Site Assignments of the Supplier Site

For the Legal Jurisdiction, Legal function: “Generate intercompany invoice” should be assigned.

Schedule create accounting for the intercompany process.

Supplier site primary pay flagand customer account bill to primary flag should be enabled.

Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.

Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.

Manual Approvals should be allowed for the transaction type.

The invoice has been partially paid by another payment.

The invoice date is not in the current open period.

The invoice is already on hold.

The invoice accounting date is not in the current open period.

Application System Administrator

Any Functional User

Functional Setup Manager Superuser

IT Security Manager

ApplicationImplementation Consultant

Enter the invoice via a spreadsheet. Then, fromthe Manage Invoices page, query the invoice, validate it, create accounting, and then open general ledger’s Manage Journals page and post the associated invoice journal entry.

Enter the invoice in the Create Invoice page, choose the Validate option, andthen the Account and Post to Ledger option.

Enter and post a manual journal entry directly into the general ledger.

Enter the invoice via a spreadsheet and then validate, account, and post the invoice from the spreadsheet.

LE on the bank account should be different from the LE on the invoice.

Bank account mustmatch the supplier’s bank account.

Users can pick any bank account as long as the bank account is tried to the business unit.

There is no relationship between the business unit, bank, and LE. Users can pick any bank account that is setup in their system.

LE on the bank account should be equal to LE on the invoice.

Customers cannot use invoice imaging in the Cloud.

Customers scan and store the invoice images on-premise and attach them during invoice entry.

Customers ask their suppliers to scan and email the invoice.

Customers ask suppliers tosend electronic invoices.

Customers scan the invoice on-premise and email the images.