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- Question 31
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Question 31/47
A US-based company is providing resources to a UK subsidiary and has implemented Oracle Projects intercompany billing solutions. How would the US company create the Accounts Payable invoice in the UK operating unit?
Correct Answer: C
Explanation/Reference:
Explanation:
The provider operating unit runs the process PRC: Tieback Invoices from Receivables, which automatically creates corresponding intercompany invoice supplier invoices ready to be interfaced to Oracle Payables in the receiver operating unit.
Note:
See step 6 below.
Intercompany Billing Processing Flow Intercompany billing processing requires the following steps:
The provider operating unit also imports project-related supplier costs from Oracle Purchasing and Oracle Payables and project-related expense report costs from Oracle Payables.
Use Oracle Receivables to print the invoice as well as to create accounting for Oracle Subledger Accounting.
References:
Explanation:
The provider operating unit runs the process PRC: Tieback Invoices from Receivables, which automatically creates corresponding intercompany invoice supplier invoices ready to be interfaced to Oracle Payables in the receiver operating unit.
Note:
See step 6 below.
Intercompany Billing Processing Flow Intercompany billing processing requires the following steps:
The provider operating unit also imports project-related supplier costs from Oracle Purchasing and Oracle Payables and project-related expense report costs from Oracle Payables.
Use Oracle Receivables to print the invoice as well as to create accounting for Oracle Subledger Accounting.
References:
- Question List (47q)
- Question 1: Which project class type can include revenue budgets?...
- Question 2: Your organization has configured employee rate schedules. Wh...
- Question 3: An employee has entered eight hours of billable time on a pr...
- Question 4: A customer is using Oracle Payables and Oracle Projects. The...
- Question 5: Which three types of People Resources does Oracle Projects s...
- Question 6: A customer has gone into bankruptcy and is unable to pay the...
- Question 7: An organization posts project costs to the balance sheet as ...
- Question 8: Identify three transactions for which Oracle Project Costing...
- Question 9: After receiving supplier costs from the Oracle Payables Supp...
- Question 10: A customer has provided a purchase order for $100k. The cust...
- Question 11: Your company has two separate expenditure types to capture s...
- Question 12: You define assets for your project and assign them at the pr...
- Question 13: You have defined a Non-Labor resource "Mini Truck" with an e...
- Question 14: You have set up a capital projects "Building Construction" w...
- Question 15: A customer has two operating units: US and Ireland. A projec...
- Question 16: Which statement is true about the use of the calendar assign...
- Question 17: A project has been mistakenly set up as a capital project, i...
- Question 18: Identify two ways to ensure that correct class category code...
- Question 19: A client requires a project definition that allows for charg...
- Question 20: Which three options would result in a billing event being ex...
- Question 21: An organization has specific departments that manage capital...
- Question 22: Company ABC wants to deploy workplan task structures where t...
- Question 23: A company is using Project Billing. To meet their billing re...
- Question 24: A project manager would like to find out how much event reve...
- Question 25: A customer is billed using deliverable billing events, which...
- Question 26: A one-time additional public holiday has been announced for ...
- Question 27: A project is undertaken for a customer where all labor costs...
- Question 28: Which three statements are correct about defining a cost bud...
- Question 29: A company generates revenue at period end, but bills monthly...
- Question 30: Which three Project foundation setups are shared across Oper...
- Question 31: A US-based company is providing resources to a UK subsidiary...
- Question 32: A company generates revenue at period end, but bills monthly...
- Question 33: A project manager wants to create a revenue budget based on ...
- Question 34: In a manufacturing company, there is a need to define 50 dif...
- Question 35: A project is enabled for Burdening by setting up a burden sc...
- Question 36: The Profile option "PA: Cross Project User-Update" is set to...
- Question 37: An organization wants to consolidate work based billing acro...
- Question 38: The Finance Director is concerned that some of his or her pr...
- Question 39: A customer is planning to upgrade from 11/to R12 to use Subl...
- Question 40: You implement Project Manufacturing along with Project Costi...
- Question 41: Identify three adjustment actions that require submission of...
- Question 42: You have imported Labor transactions into Oracle Projects fr...
- Question 43: A project has two customer billing elements. One part of the...
- Question 44: Which three statements are true about Multi-Currency Billing...
- Question 45: A customer wants to make a new classification mandatory on a...
- Question 46: What must be defined to enable a company to use an organizat...
- Question 47: A company has different organization requirements for HR, Pa...
