Check your knowledge

1.

You need to automatically select all vendor payments that are due within the same week. What should you do?

Create a payment method and select Total in the Period field.

Create a payment method and select Invoice in the Period field.

Create a payment method and select Date in the Period field.

Create a payment method and select Week in the Period field.

2.

You want to prevent the Accounts payable clerk from generating payments for a specific vendor. What option in the On hold field should you select?

No

Invoice

All

Payment

3.

Which one of the following options in the Payment schedule field requires payment lines to be set up?

Total

Fixed amount

Fixed quantity

Specified

4.

Which one of the following options in the Category field sets the charges based on the unit?

External

Fixed

Percent

Pcs

Answer the following questions to see what you learned