Check your knowledge

• 2 min.

1.

Based on the validation settings in the Banking Export Setup page below, how do you expect the validation process to function? (Select two correct answers)

There'll be no validation on payment lines until final posting
Early detection of any missing or incorrect payment information
All sales quotes will be validated when posted
Any validation errors are flagged immediately for payment suggestion lines
All purchase quotes must be validated before approval
2. 

An accountant receives a complaint from a vendor who claims they are not receiving proper notifications about payments. What steps can the accountant take to change the remittance setup for the individual vendor?

Adjust the remittance settings on the vendor card to ensure notifications are sent correctly.
Rebuild the remittance advice information in a payment suggestion for the vendor to include all necessary details.
Update the Alternative Vendor Information to ensure the remittance information is not rejected by the bank.
Change the general setup for all vendors.
3.

Match each of the validation options with the correct functionality.

A. 
Use Dynamic Validation
B. 
Validate Purchase Documents
C. 
Validate Sales Documents On Post
Check your answers