HOTSPOT -
A rental service company with complex accrual requirements has accrual schemes set up in its implementation.
You need to ensure that all transactions for the company use an accrual scheme.
Which actions should you perform? To answer, select the appropriate configuration in the answer area.
NOTE: Each correct selection is worth one point.
Hot Area:
I think for the second answer the third choice should be selected: use the inquiry (Transactions button) on the Ledger accruals form.
Answer is A,C for Create Ledger Journals: Use a Voucher Template to ensures that the accrual scheme is applied across all transactions. Perform Inquiries: Use the Accrual Transaction Inquiry as it allows you to verify that the accrual scheme is being applied correctly to transactions.
Im not sure about the first one? is it correct?
A. Use a voucher template to select the defined accrual scheme. Explanation: To ensure all transactions use an accrual scheme, a voucher template should be configured to automatically apply the defined accrual scheme to ledger journals. This streamlines the process and ensures consistency. C. Use the accrual transaction inquiry to find the transactions for the accrual scheme. Explanation: The accrual transaction inquiry is specifically designed to view transactions associated with accrual schemes, allowing you to track and verify the transactions generated by the scheme.