Check your knowledge


Answer the following questions to see what you learned


What is the purpose of an invoice register journal?


Which one of the following parameters in a Payment proposal would you use if the method of payment is set up to Total invoices for payment on a specific day?


When you’re setting up the Payment for each invoice parameter in Payment proposal, which one of the following settings should you also set to handle the following scenario? A vendor has an unsettled invoice and payment. The unsettled invoice and the payment are selected for payment, and the amounts are added to produce the total payment amount.


Which one of the following statements is true?