Oracle 1z0-1056-23 Dumps Questions Answers

Manage Aging Methods

Scenario

Your organization needs to create their own a-bucket aging method for reporting purposes.

Task

Create a new 4-bucket Aging Method in the Collections application, where:

• Name Of the aging method is XXAging Method (Replace XX with 03, which is your allocated User ID.)
• Aging method is accessible to all business units
• Aging buckets are 45 days apart
• Last bucket is 91 days

Manage Receipt Classes and Methods

Scenario

Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.

Task:

Define Remittance Bank Account where:

• Bank Account is associated with Receipt Method

• Primary bank account is linked the Denver branch of Bank of America
• Bank account number ends with 2870

• Remittance bank account is effective as of January 1, 2023
• GL Accounts section must contain the values below for company segment 120 Supremo Fitness

Manage Receipt Classes and Methods

Scenario

Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.

Task:

Create a manual Receipt Class, where:

• Name of the new receipt class is XXReceipt Class (Replace XX with 03, which is your allocated User ID.)
• Receipts using this new receipt class will not be remitted
• Organization will use Cash Management to clear their receipts