Pass the Oracle JD Edwards Financial Management 1z0-342 Questions and answers with CertsForce

Split a voucher for payment to different payees.

Change the bank account on existing vouchers.

Increase the discount amount on a group of vouchers.

Change a group of vouchers to allow payment by electronic funds transfer.

Release a group of vouchers m preparation for payment.

A Journal entry can be automatically created in the Financial Report Writer.

The level of detail roll up can be defined in the processing option.

Smart fields are used to calculate Period Activity and Account Balance.

The interim subtotal can be defined in the FSxx AAI item.

You can define a maximum of 12 printing columns.

Company Master

Business Unit Master

Job Cost Master

Accounts Payable Master

Use a Model Journal Entry

Use the Variable Numerator Allocation

Use the Recurring Journal Entry

Use the Indexed Allocation

Use a Variable Model

The system creates journal entries on the last day of the prior year with a document type AS for assets that existed in a prior year.

For assets split in the current year, the GL date for the period that the split takes place is used. If no entries exist in the period, the client most likely cancelled out of the application before creating the split.

When entering an asset split you are required to enter a G/L date: the period when the entries are created and posted. The system is configured to automatically post entries. The client has been erroneously searching for an unposted batch.

The system does not create journal entries for asset splits because it is a net zero transaction; the balances remain the same, only additional asset numbers are created.

This field is in the F03B11 table and labeled A/R Post Status (ISTR).

The system updates the Revisions Made field to 1 for the first revision, and then updates the field sequentially by 1 for each additional revision made to an invoice.

When you change the gross amount of a posted Invoice or void an Invoice, the system stores the revision information in the Invoice Revisions table (F03B112).

To review how an invoice was revised, use Revisions Audit.

Similar to directly entering budgets into the system, the budget balances can be found in the BREQ, BAPR, and BORG fields depending on the processing options set for the Journal entry program.

Journalized budgets are located In the Budget Requested field (BREQ).

Journalized budgets are located in the Budget Approved field (BAPR).

Budget entries created from a journal entry do not update BREQ, BAPR, or BORG. They update the Net Posting fields for the appropriate periods In the F0902 table.

Budgets entries created from a journal entry do not update the Account Balance (F0902) table; you must utilize the Account Ledger (F0911) to review and report on budgets.

Journalized budgets only update the Budget Final field (BORG).

The client is updating the Track Taxes field on the voucher GL Distribution to a value of 2.

The client is populating the taxable amount field when manually creating vouchers, to track taxes.

The gross amount field should be populated to allow the system to calculate and track the taxes.

The client is using tax explanation codes ST and VT that are only valid for invoices and not vouchers.

The client is reviewing information in the F0018R table; allocated tax amounts from the F0911 reside in the F0911 table.

The general ledger accounts Input on the GL Distribution form are not set up as taxable.

Add a new depreciation formula.

Add a G/L account in the new currency.

Add a depreciation book for the new currency.

Run reports in the new currency.

The Sales Update process completes the Order-to-Cash process.

The Sales Update process does not create A/R invoices.

The Sales Update process creates the Sale Orders.

The Sales Update process creates invoices In the A/R system.