Absolute Free 1Z0-517 Exam Practice for Comprehensive Preparation 

Company Z has implemented Payables, General Ledger, and Project Accounting. Both Transfer to GL and Interface Supplier Costs are processed each night. A descriptive flexfield called “SAI Value” has been defined on the invoice header to capture additional information, and is used in conjunction with the accounting on the invoices. This is not a required field. There is a corresponding user-defined hold called “SAI Hold”, which is manually applied whenever an invoice is created and the “SAI Value” has not been provided to Company Z by the supplier. During weekly reviews of accounting, users have found that invoice transactions that are on “SAI Hold” are displayed in Project Accounting but not in General Ledger. Select what is causing this issue.

In the accrual process for perpetual accruals, which two events generate accounting entries that can be transferred to GL? (Choose two.) 

Your company accrues expense items at period end. Identify the report that must be generated before you run your receipts’ accrual period-end process.

You have received an invoice that requires an immediate payment. The next scheduled check run is not until the end of the week. Which two methods may you use to create the payment? (Choose two.)

To review “All of Today’s” selected invoice from the payment process request in the Payment Manager, perform these actions:

2. Navigate to the (B) Views window.

3. Select “All of Today’s” from the drop-down list.

4. Click the Go button.

5. The payment process request for today is displayed.

Select the actions, arranged in their proper sequence.