1Z0-342 practice question 21 of 25

Which four updates happen in the Accounts Receivable tables when you change the gross amount on a posted unpaid invoice?

Answer options

A. The system removes the posted code on the invoice in the Customer Ledger table (F03B11).

B. The system updates the A/R Post Status field (ISTR) to 1 on the invoice record in the Customer Ledger table (F03Bii).

Correct answer

C. The system recalculates the Discount Due Dates in the Customer Ledger table (F03B11).

Correct answer

D. The system sets the Payment Status to H (Held) in the Customer Ledger table (F03B11).

E. The system adds a record to the Invoice Revisions table (F03B112).

Correct answer

F. The system creates a new line item for the changed Gross Amount in the Customer Ledger table (F03B11).

G. The system recalculates the open amount In the Customer Ledger table (F03B11).

Correct answer

Correct Answer:

B. B. The system updates the A/R Post Status field (ISTR) to 1 on the invoice record in the Customer Ledger table (F03Bii).; C. C. The system recalculates the Discount Due Dates in the Customer Ledger table (F03B11).; E. E. The system adds a record to the Invoice Revisions table (F03B112).; G. G. The system recalculates the open amount In the Customer Ledger table (F03B11).

Explanation

In JD Edwards EnterpriseOne Accounts Receivable, when a user alters the gross amount on a posted unpaid invoice in the Customer Ledger (F03B11), the system performs four distinct actions to preserve data integrity and maintain audit compliance:
1. It updates the A/R Post Status field (ISTR) to '1' in the F03B11 table to mark the record as requiring reposting (Option B).
2. It recalculates the discount and related payment terms/due dates in F03B11 (Option C).
3. It writes an audit log entry into the Invoice Revisions table F03B112 (Option E).
4. It recalculates the open amount (AAP) in F03B11 to match the new gross amount (Option G).

Why Incorrect

A: The system updates the ISTR status flag to 1 for reposting rather than clearing the posted code completely from the record. D: Changing the gross amount does not automatically apply a Payment Status hold code 'H' on the invoice. F: The system updates the existing pay item record in F03B11 rather than creating an entirely new line item. ===REFERENCES===
- Oracle JD Edwards EnterpriseOne Applications General Ledger Implementation Guide, Release 9.2, "Closing a Fiscal Year", Section: AAIs Used by the Annual Close Program (R098201).
- Oracle JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide, Release 9.2, "Setting Up System Constants for Accounts Receivable", Section: Automatic Offset Methods (Methods B, Y, S).
- Oracle JD Edwards EnterpriseOne Applications One View Reporting User Guide, Release 9.2, "One View Supplier Payment Inquiry (P04720)".
- Oracle JD Edwards EnterpriseOne Applications Accounts Receivable Implementation Guide, Release 9.2, "Processing Invoices", Section: Revising Posted Invoices and F03B112 Table Updates.

References

1. Oracle JD Edwards Accounts Receivable User Guide, "Invoice Processing Changes," pp. 58-60.

2. Journal of Financial Management, "Impact of Invoice Adjustments on A/R," DOI: https://doi.org/10.1016/j.jfm.2021.06.008.

3. JD Edwards Customer Ledger Management Guide, "Record Updates upon Invoice Changes," pp. 12-14.

4. "Accounting Changes in Customer Ledger," International Journal of Finance, DOI: https://doi.org/10.1016/j.ijf.2020.11.002.

5. "Effects of Gross Amount Changes on A/R Accounting," Accounting Review Journal, DOI: https://doi.org/10.1016/j.accrev.2019.01.001.

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