Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 57

Your intercompany transaction type is active and enabled for invoicing. What are the two prerequisites to generate intercompany receivables and intercompany payable transactions after the Generate Intercompany Allocations process is run?

Answer options

• A. For the Legal Jurisdiction, Legal function: "Generate intercompany invoice" should be assigned.
• B. Schedule create accounting for the intercompany process.
• C. Supplier site primary pay flag and customer account bill to primary flag should be enabled.
• D. Run the processes Create Intercompany transactions to Receivables and Create Intercompany transactions to Payables.
• E. Run the processes Transfer Intercompany transactions to Receivables and Transfer Intercompany transactions to Payables.
• F. Manual Approvals should be allowed for the transaction type.

Correct answer: C, E

Explanation

The correct answer is C and E because enabling the primary flags ensures that the necessary relationships for billing and payment are established, and transferring transactions is essential for processing them correctly. Options A, B, and D do not directly relate to the prerequisites for generating intercompany transactions, while F is not a requirement for these processes.