Oracle Planning 2017 Implementation Essentials — Question 62

Identify three scenarios where you are not allowed to cancel an invoice.

Answer options

• A. An accounting entry has been created for the invoice.
• B. Prepayments were applied to the invoice.
• C. The invoice was adjusted by a credit or a debit memo.
• D. The invoice is validated.
• E. The invoice is fully or partially paid.

Correct answer: B, C, E

Explanation

Option B is correct because once prepayments are linked to an invoice, it cannot be cancelled. Option C is also correct as any adjustments made by a credit or debit memo prevent cancellation. Finally, option E is valid since an invoice that has been fully or partially paid cannot be cancelled due to completed transactions.