1Z0-517 practice question 25 of 25

Identify three features of Payment Manager. (Choose three.)

Answer options

A: updates a supplier’s bank details

B: provides calculation of the interest amount

C: uses templates to select invoices to pay that meet the payment criteria Correct answer

D: creates payment process request templates by specifying invoice selection criteria Correct answer

E: automatically submits invoices via payment process requests to Oracle Payments for processing and payment Correct answer

Correct Answer:

C. uses templates to select invoices to pay that meet the payment criteria; D. creates payment process request templates by specifying invoice selection criteria; E. automatically submits invoices via payment process requests to Oracle Payments for processing and payment

Explanation

In Oracle E-Business Suite R12, the Payment Manager is a centralized workbench designed to streamline the funds disbursement process. A core feature is the ability to create Payment Process Request (PPR) templates by defining specific invoice selection criteria (Option D). Users utilize these templates to automatically select scheduled payments that meet the exact payment criteria (Option C). Furthermore, the Payment Manager acts as the integration point with the Oracle Payments engine; it automatically submits the selected invoices via PPRs to Oracle Payments for formatting, processing, and final payment generation (Option E).

Why Incorrect

A. Supplier bank details are maintained in the Suppliers workbench (Supplier Management), not within the Payment Manager dashboard.
B. Interest calculation is configured in Payables Options and applied during invoice payment processing, rather than being a direct feature of the Payment Manager.

References

1. Oracle Payables User's Guide, Release 12.1 (Part No. E13624-05), Chapter 5: Paying Invoices, Section: "Using the Payment Manager" (Details the submission of PPRs to Oracle Payments).

2. Oracle Payables User's Guide, Release 12.1 (Part No. E13624-05), Chapter 5: Paying Invoices, Section: "Payment Process Request Templates" (Details the creation of templates and specifying invoice selection criteria).

3. Oracle Payments Implementation Guide, Release 12.1 (Part No. E12893-04), Chapter 2: Understanding Oracle Payments, Section: "Funds Disbursement Process Flow" (Explains the automated hand-off from Payables Payment Manager to Oracle Payments).

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