Oracle Financials Cloud: Payables 2023 Delta

Your client notifies their suppliers of rejected invoices via email. You suggest that they instead send notifications to suppliers for rejected electronic invoices by using industry-standard XML such as UBL 2.1 Invoice Response Message. Which are two benefits of using this feature?. The notification provides suppliers with the option to request Payables manual intervention and support. Suppliers can view the rejection reason in their system and take corrective action. You can customize automatic responses per invoice type. It enables automatic processing of electronic response messages.

During an internal audit of the expense reimbursement process, you observe a discrepancy where refunds from employees are being applied against positive payment requests. Your organization would like to keep from separate. How do you achieve this?. Set a specific Pay Group in the Expenses section of the employee record. Set a specific Pay Group in Disbursement System Options. Set a specific Pay Group in Payables Invoice Options. Set a specific Pay Group in Expenses System Options.

As a workflow administrator, you have been tasked with configuring certain invoice approval rules to align with your company's policy. You decide to make use of the purchase order additional attributes and descriptive flexfields to appropriately configure invoice approval rules and route workflow notifications to approvers. Which two are NOT purchase order additional attributes that workflow administrators can use to configure invoice approval workflow rules?. Purchase Basis. Purchase Order Destination Type Lookup Code. Purchase Order Schedule. Purchase Order Pending Fulfillment. Freight Terms.

Your company wants to maximize early payment discount opportunities and will be using the "Campaign Management for Early Payment Discount Offers" feature, which allows them to onboard suppliers into an early payment discounts program via email-based campaigns. Suppliers can respond directly from the email and their responses are automatically processed and applied in payment process requests. Which three response options are available to suppliers when replying to a campaign?. Accept All Offers. Reject the Offer. Enroll in a Standing Offer. Decline the Offer. Unsubscribe. Subscribe.

As the Expense-to-Pay Strategic Process Owner for your company, you need to ensure that certain controls are set in the system, which include excluding specific adjustment codes that indicate payments from MasterCard transaction files. What happens to the upload process if you do not specify any adjustments codes in the ORA_EXM_MC_EXCLUDE_ADJUSTMENTS lookup type?. It automatically excludes all payment adjustment transactions. It automatically includes all payment adjustment transactions. It fails and will not complete.

As an Oracle Payables subject matter expert, you are familiarizing yourself with Intelligent Document Recognition (IDR). After a detailed review, you consider Adaptive Learning as one of the most beneficial features of IDR. Adaptive learning increases the accuracy of invoice scanning and improves touchless processing. When users make corrections in the interactive viewer, each invoice edit trains the algorithms and improves future recognition. Which is NOT a key consideration for Adaptive Learning?. Bill-To Recognition from Invoice Document. Sharing Adaptive Learning Between Environments. Adaptive Learning for Routing Attributes. Legal Entity Recognition from Invoice Document. Adaptive Learning for Invoice Lines.

As an Oracle Financials Cloud Consultant, you are familiarizing yourself with the new features in Adaptive Learning using IDR. You recently learned about Adaptive Learning for Invoice Lines where the interactive invoice viewer can be used to make corrections on certain invoice line-level attributes. In which three line-level attributes can you use the interactive invoice viewer to make corrections?. Supplier. Amount. Invoice Date. Description. Invoice Requestor. Invoice Number. Quantity.

You are providing consulting services to a Payables supervisor at a large organization that uses Oracle Cloud Supplier Portal to manage invoices. Their team has been struggling to keep up with the high volume of unsubmitted invoices, causing delays in timely period closures. You advise that Payables supervisors can identify and then cancel unsubmitted supplier portal invoices. Which two actions can the Payables Supervisor take to identify incomplete supplier portal invoices for cancellation?. Run the Period Close Exceptions Report. Run the Period Invoice Audit Report. Run the Payables Unsubmitted Invoices Report. Query invoices on the Manage Invoices page. Query the Payables Invoice Register.

Your company wants you to establish Expense delegates to assist with the management of expenses. Expense delegates will receive a digest notification for each employee they are a delegate for and can then take quick action to identify and fix pending expense items, including outstanding corporate card charges. After you have set up digest notifications, which corporate card charge statuses are included in the outstanding expense reports?. Saved, Withdrawn, Rejected, or Returned. Only Rejected. Submitted and Saved. Only Withdrawn.

You learn that you can create action links to drill down from an Oracle Transactional Business Intelligence (OTBI) report to a specific transaction. You decide to test it out when running the "Payables to Ledger Reconciliation" report. When you click a specific balance, it directs you to the Oracle Payables application where you can view the transactional details about the balance. What information can you view when using the action link in the "Payables to Ledger Reconciliation" report?. Beginning balances. Period activity. Ending balances. Differences.

You have implemented the service provider model for Payables payments where your United Kingdom (U.K.) headquarters works solely as an outsourced payment processing unit on behalf of your other U.K. business unit. What is this type of payment service provider model known as?. Self-Service. Procurement. Dedicated. Dedicated and Self-Service.

You have recently enabled the Keyword Audit feature for Expenses to help automate the detection of potential policy violations or fraudulent activity within expense reports. After the feature is enabled, all expense reports containing keywords in certain fields are selected for audit. Which two Expense Item fields are included in this feature?. Merchant Name. Description. Itemization Type. Location. Expense Type.

You have been tasked with creating an Oracle Transactional Business Intelligence (OTBI) analysis to help reconcile Payables balances against General Ledger. The analysis must show both posted invoices and payments. Which subject area must you select to create this analysis?. Payables Payments - Disbursements Real Time. Payables Invoices - Transactions Real Time. Payables Balances - Reconciliation Real Time. Payables Invoices - Trial Balance Real Time.

You have participated as a functional consultant in the implementation of Oracle Procurement as well as Payables for ABC Consulting. A Payables Analyst has logged a ticket stating that the Create Supplier task is not showing up in the Supplier work area. You have checked the related settings and found that the Payables Analyst user account has been defined as Procurement Agent. Why is the Payable Analyst NOT able to see the Create Supplier task in the Supplier work area?. They have not been given the Supplier Administrator role. They have not been given the Procurement Requester role. They have not been given the Procurement Administrator role. They have not been given the Supplier Manager role.

A company has assigned a withholding tax classification to an invoice line to withhold two taxes, each tax withheld at different rates and remitted to different tax authorities -Tax A has a withholding tax of 5% with compounding precedence of 1. -Tax B has a withholding tax rate if 10% with compounding precedence of 2. What are the withholding tax amounts computed for the two taxes when the withholding taxable amount is $100?. Tax A: $5, Tax B: $10.5. Tax A: $4.5, Tax B: $10. Tax A: $5, Tax B: $10.5. Tax A: $5, Tax B: $9.5.

You are a consultant for a mid-sized company. They have asked you to identify Cash Management reports that can be used to gain a better understanding of the company's cash position. You have found four key reports. What is the correct match for each report and its description? Report 1. Cash to General Ledger Reconciliation Report 2. Bank Statement Report 3. Cash in Transit Report 4. Bank Statement Analysis Report Description A. Lists all transactions for a specific bank account, that have been remitted to the bank but have not been cleared B. Displays the bank statements that are used to analyze balances and transactions details C. Displays balance and transaction information for specific bank statements D. Lists bank statement transactions that are accounted in GL but are not reconciled in Cash Management. 1=D, 2=C, 3=A, 4=B. 1=D, 2=A, 3=C, 4=B. 1=A, 2=C, 3=D, 4=B. 1=D, 2=B, 3=A, 4=C.

You have recently processed a payment for a vendor and later discovered that the payment was made in error and needs to be voided. When voiding the payment, you select Cancel as the Invoice Action. However, you notice that the invoice is not canceled, instead, it has an Invoice Cancel hold applied to it. What is the reason?. The invoice has been partially paid by another payment. The invoice date is not in the current open period. The invoice accounting date is not in the current open period. The invoice is already on hold.

You joined an OU Live Session for Oracle Financials centered on Expenses and learned about a new feature, Monthly and Lifetime Rate Limit Enforcement for Miscellaneous Policies. Using this feature, you can enforce monthly and lifetime rate limits for miscellaneous expenses. On the basis of which four values can you configure the rate limits?. Currency. Location. Expense Type. Gender. Role. Exchange Rate Conversion. Enforce the same rate limit for all employees. Employee Management Level.

You are the accounting manager at a multinational corporation and one of your employees has submitted an expense report for a business trip to a different country. The report includes expense payment requests for meals, transportation, and lodging. Your company has established certain tax determining factors, based on configured tax rules. Which four tax-determining factors can be used in Oracle Tax to determine the recoverability for each expense line on the employee's report?. Expense Location. Tax Product Category. Employee Location. Business Unit Location. Tax Classification Code. Tax Classification Name. Expense Code. Product Category.

There is a business requirement in Expenses for designated employees (in addition to direct line managers) to receive notifications for inactive employees. Which three notification types can an administrator modify in the predefined notification tasks in BPM Worklist to add additional notification recipients?. Travel Notifications. Receipt Notifications. Cash Advance Notifications. Audit Notification. Reimbursement Notifications. Expense Status Notifications.

You are a global process owner in a large company that handles a heavy amount of expenses due to travel and entertainment reimbursement. Employees has provided feedback that they would like a way to simplify and streamline the expense reimbursement process because they are taking a lot of time submitting their expense reports. You are very excited to introduce them to Oracle's functionality allowing them to create expenses directly from emails that a user forwards with receipt attachments. To which two options can you set the Expense Attachment Preference when configuring this functionality in the application?. Attach custom email. Attach multiple receipts from the email. Attach the invoice. Attach the email. Attach the primary receipt from the email.

Your organization has decided to create employee expense items by leveraging the Digital Assistant feature and sending expense receipts via email. Which is the next processing step after an email with an expense receipt is received in the Expenses application?. The application automatically matches receipts to corporate card charges. The application assigns an expense type based on category. The application sends the Expenses team a receipt notification. The application extracts the receipt details and creates expense items. The application verifies the sender's e-mail address and compares it with the employee's email addresses in HCM.

You have assisted your customer with the implementation of Oracle Intelligent Document Recognition (IDR). They want to track the accuracy of the invoice line recognition for invoices processed by IDR. You introduce them to the Invoice Document Recognition Rate report to obtain the invoice line recognition details. In which three formats is this report available?. Invoice Summary Details. Invoice Line Summary. Invoice Line Details. Invoice Header Supplier Summary. Invoice Header Summary. Invoice Header Details.

Your company is considering using BI Publisher to create additional reports. They want to know about the various features and benefits of this tool. Which are two benefits of the BI Publisher Customize feature?. Report output is sent to an e-commerce site. Writing code is not required. A backup copy of the report is automatically saved in My Folders. You do not need any special roles to access this feature. Patches do not override report customizations.

You are an Oracle Payables Consultant and your client, a large retail organization, is discussing statutory reporting requirements. Your client wants to leverage the Subledger Accounting application to create subledger journal entries for Payables. Some of the reporting requirements are scenario based. Which three Subledger Accounting components can have conditions in the rules?. Subledger Entry Rule. Journal Line Rule. Journal Entry Rule Set. Description Rule. Account Rule. Supporting References.

As the Expense-to-Pay Strategic Process Owner for your company, you need to ensure that certain controls are set in the system, which include excluding specific adjustment codes that indicate payments from MasterCard transaction files. What happens to the upload process if you do not specify any adjustments codes in the ORA_EXM_MC_EXCLUDE_ADJUSTMENTS lookup type?. It automatically excludes all payment adjustment transactions. It automatically includes all payment adjustment transactions. It fails and it will not complete.