Page 68 - Unanet GovCon Using Billing Revenue - Participant Guide ebook

b) Under the Invoice’s Billing menu - This is an incorrect answer because
the checkbox is not found in the menu
c) Under the Project’s Billing menu - This is the correct answer
because the checkbox is found in the menu

Lesson 3: BILLING MANAGER PROCESS STEPS (15)

1. Which step in the Invoicing Process MUST be performed in order to be
able to create a draft customer invoice?
a) Reconciling Accounts Receivable Aging - This is an incorrect answer
because this step is not required to create an invoice
b) Running the Billing & Revenue Post - This is the correct answer
because this MUST be performed in order to be able to create a draft
customer invoice
c) Running the Invoice Status report - This is an incorrect answer
because this step is not required to create an invoice

2. In the Invoice level Billing menu, what tab is used to access the Invoice
Header, Description, and Invoice Memo?
a) Other - This is the correct answer because the Other tab is where
Header information, Description, and Invoice Memo is found
b) Additional Invoice Formats - This is an incorrect answer because this
tab shows the selections for Additional Invoice Formats
c) Contacts - This is an incorrect answer because this tab shows the
selections for Contacts

3. What report provides a summary of status information as well as a
detailed preview version of each invoice?
a) Billing & Revenue Summary - This is an incorrect answer because this
report shows billing and revenue not summary of status information as
well as a detailed preview version of each invoice
b) Accounts Receivable Aging - This is an incorrect answer because this
report shows the Aging of AR not summary of status information as
well as a detailed preview version of each invoice
c) Invoice Status - This is the correct answer because this report
provides summary of status information as well as a detailed preview
version of each invoice

4. On the List invoice screen, the Billing Manager uses which icon to
customize, defer, write-off, or include additional items on a draft invoice?
a) Trashcan - This is an incorrect answer because this deletes the draft
invoice

APPENDIX A: CHECK YOUR UNDERSTANDING ANSWER KEY
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