Oracle Planning 2017 Implementation Essentials — Question 35

You have an invoice for $200 USD and a credit memo for $225 USD. In other words, the credit amount exceeds the invoice amount. If you enable the option to apply credits up to zero amount payment, then how will the invoice and credit memo be paid?

Answer options

• A. Both the invoice and the credit memo are selected and the Payment Process Request requires attention.
• B. Both the invoice and the credit memo are paid and a refund of $25 USD is created.
• C. Neither the invoice nor the credit memo are included in the payment process request because the credit reduces the payment amount below zero.
• D. Both the invoice and credit memo are included in the payment process request for a payment amount of $0 USD. The credit memo is partially paid with a

Correct answer: D

Explanation

The correct answer is D because the payment request will process both the invoice and credit memo, resulting in a zero payment after applying the credit. Options A and B are incorrect as they imply actions that do not align with the rule of applying credits to reach a zero payment. Option C is also wrong because the payment processing still includes the credit memo despite the total amount going below zero.