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• 2 min.

1.

If the payment falls on a bank closing day, what are the benefits of moving a payment forward? (Select two correct answers)

The payments is made on time.
Improve cash flow by making the payment as soon as possible.
Automatically extend the due date without penalty
You'll be sure to receive any applicable payment discount.
2.

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

All purchase quotes must be validated before approval
Direct Debit payments will be validated
All sales quotes will be validated when posted
There'll be no validation on payment lines until final posting
Any validation errors are flagged immediately for payment suggestion lines
Early detection of any missing or incorrect payment information
3. 

To prevent payments from being processed on regional bank closing days, you can:

Mark the specific days on the Banking Export Setup page.
Choose the option "Select Manually" in the Move Payment Date field.
Import the latest Bank Closing Day schedule from Continia Online.
Use an assisted guide to set up custom days.
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