Oracle Financials Cloud: Accounts Receivable 2017 Implementation Essentials — Question 18

While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15.
Identify two ways to achieve the desired defaulting.

Answer options

• A. Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
• B. Update Net 15 in procurement options and Net 30 for the supplier site.
• C. Set Net 30 for the supplier site and leave the payment term blank in procurement options.
• D. Set Net 15 for the supplier site.

Correct answer: C, D

Explanation

The correct answers are C and D because setting Net 15 for the supplier site ensures that the preferred term is applied directly to that supplier. Option A fails because leaving the payment term blank does not enforce the desired term, and option B contradicts the requirement by setting Net 30 for the supplier site.