1z0-1056-23 Exam Dumps - Oracle Financials Cloud: Receivables 2023 Implementation Professional

• Log in to Oracle Financials Cloud.
• Click on the Transaction Types icon in the Receivables work area.
• Click on the Create button.
• In the Transaction Type window, enter the following information:
• Click on the Save button.

The new transaction type will be created and the customer bills associated with this transaction type will be printed. The balances will also be maintained for invoices associated with this transaction type. Freight charges will be allowed and cash applications to invoices assigned to this transaction type must not exceed the invoice balance due. The invoices associated with this transaction type will be accounted for in the General Ledger application. The revenue GL account 41000 will be assigned as a reference account for the business unit in question and the company segment must be 120 Supremo Fitness.

Steps to confirm the Oracle Applications Cloud version:

• Click on the Settings and Actions menu under your profile in the Oracle Applications Cloud window.
• Click on About This Application in the Settings and Actions menu.
• Copy the complete version number from the About this Application pop-up in the Oracle Application Cloud window.
• Paste the version number in the box below.
• Click Confirm.

Version Number: 21A

To display the Auto Invoice errors in an Excel workbook, you can use either of these methods/features:

• The Import Exceptions Infotile in the Billing work area, which shows the number of records that failed validation and allows you to export them to Excel.
• The Manage Auto Invoice Lines task in the Billing work area, which enables you to search for and view import errors and export them to Excel. The other options are not correct because:
• The Incomplete Infotile shows the number of incomplete transactions, not import errors.
• The Manage Transactions task allows you to create and update transactions, not view import errors. Verified References: https://docs.oracle.com/en/cloud/saas/financials/23b/faofc/manage-autoinvoice.html#FAOFC-GUID-D0F4B5E1-CF4C-4B6F-B2A8-AF8B9E9C7D1A

This lookup code is used to define the XML delivery method for a customer site. You can specify the XML delivery method in the customer profile or in the transaction source. Verified References: [Overview of Oracle Receivables - Oracle]

These are the three receipt types that can be reversed in the Cloud. Receipts applied to open receipts and receipts that are archived cannot be reversed. Verified References: [How You Reverse Receipts - Oracle]

These are the two columns that, if populated with *NULL, will remove the existing values on loading. They are part of the customer profile class attributes that can be updated using customer import. Verified References: [How You Manage Customer Data Uploads - Oracle]

When the Billing Manager clicks the Complete button in the Transactions window, the following results occur:

• The invoice can now be printed or delivered to the customer by the preferred delivery method.
• The invoice is eligible for transfer to the General Ledger and posting to the customer account.
• The payment schedules are created using the payment terms specified on the transaction or customer profile. The other options are not correct because:
• The invoice is not sent for a dunning follow-up until it becomes overdue.
• The invoice is included in the standard aging and collection process if the transaction type has the Open Receivables option set to Yes, not No. Verified References: https://docs.oracle.com/en/cloud/saas/financials/23b/faofc/manage-customer-billing.html#FAOFC-GUID-9E7F8B0A-5F6E-4B6E-AF0B-9C1E5D7D2A8A