1Z0-518 practice question 13 of 25

Which four transactions are improved by Auto Invoice? (Choose four)

Full set: 101 questions

Answer options

A: invoices Correct answer

B: deposits

C: guarantees

D: debit memos Correct answer

E: credit memos Correct answer

F: on-account credits Correct answer

Correct Answer:

A. invoices; D. debit memos; E. credit memos; F. on-account credits

Explanation

AutoInvoice imports four standard transaction categories into Oracle Receivables: invoices, debit memos, credit memos, and on-account credits. Commitment documents such as deposits and guarantees are not supported by AutoInvoice and must be entered manually or through other APIs.

Why Incorrect

B. Deposits (commitments) are excluded from AutoInvoice import functionality.
C. Guarantees are commitment documents and cannot be populated via AutoInvoice.

References

1. Oracle E-Business Suite Receivables Implementation Guide R12.1 (Part No. E12895-02), “Overview of AutoInvoice”, p. 6-3: “AutoInvoice lets you import invoices, debit memos, credit memos, and on-account credits.”

2. Oracle Receivables User Guide R12.1 (Part No. E13522-04), Chapter “Using AutoInvoice”, p. 6-7.

Keep practicing

Take the free 1Z0-518 practice test

Ten exam-style questions with answers and explanations, plus the exam facts and study guides.

Start the free practice test