Page 12 - Participant Guide - Unanet GovCon Using Accounts Receivable
P. 12
Check Your Understanding
1. What Financials administrative items are required to process Accounts
Receivable transactions?
a) Payment terms, bank accounts and payment methods
b) Inactive Customer orgs and profiles and payment terms
c) Active Customer orgs and profiles, payment terms, bank accounts,
and payment methods
2. In the Customer Organization, what crucial component makes it possible
to process customer transactions?
a) Customer profile exists and is active
b) Customer Contacts
c) Customer Market Data – Stock Symbol
3. What is the associated Payment Type when using a Payment Method to
process ACH payments?
a) System Check
b) Other
c) Bank
Refer to Appendix A for answers to the Check Your Understanding questions
LESSON 1: ACCOUNTS RECEIVABLE (AR)
©2022 Unanet. All rights reserved.
12
