Oracle Payroll Cloud 2017 Implementation Essentials — Question 10

Your company wants to pay its employees from company bank account A and their third parties from company bank account B. What is the recommended approach for this?

Answer options

• A. Ensure you run the prepayments process separately for your employees and your third parties.
• B. Create one organization payment method with two payment sources and configure the usage for each payment source within the payment method rules table.
• C. Write a formula to select the correct bank account for employees and third parties.
• D. Create two personal payment methods for each of your employees: one for their salary payments and one for their third-party payments.

Correct answer: A

Explanation

The correct answer is A because running the prepayments process separately allows for clear differentiation between employee and third-party payments, ensuring proper account usage. Option B suggests a more complex setup that may not provide the needed separation. Option C could lead to errors in account selection, and option D is impractical as it involves creating multiple payment methods for each employee.