Intercompany Sales Setup: Test Pool (ML-Generated)
- What is the purpose of the intercompany sales functionality?
- To record the sales of goods and services between related companies or branches of related companies
- To track inventory levels between different branches of a company
- To calculate taxes and generate financial reports for related companies
- To automate the process of creating purchase orders and invoices between different companies
- What type of document does the selling company create in the intercompany sales
process?
- An AR document, such as an invoice, debit memo, or credit memo
- A purchasing document, such as a purchase order or requisition
- An AP document, such as a bill, debit adjustment, or credit adjustment
- A GL document, such as a journal entry
- In what type of document should the user specify the selling company as a vendor
in the intercompany sales process?
- An AP document (bill, debit adjustment, or credit adjustment)
- An AR document (invoice, debit memo, or credit memo)
- A sales document, such as a sales order or sales invoice
- A GL document, such as a journal entry
- What are the system requirements for configuring the intercompany sales
functionality? (Select all correct responses.)
- The Inter-Branch Transactions feature must be enabled on the Enable/Disable Features form.
- Multiple companies must be defined in the same tenant.
- The Inter-Branch Transactions feature must be disabled on the Enable/Disable Features form.
- There must be a single company defined in each tenant.
- Suppose that you want to delete a company that has been extended to be a
customer or a vendor. What condition must be met in the system before you do
that?
- The customer or vendor record associated with the company must be deleted.
- The company must be changed to a different company type.
- The customer or vendor record must be archived.
- The company must be inactive for one month.