Online Access Free 1z0-342 Practice Test

When your client runs the Tax Summary Report (R0018P) for the first time and no data appears. You immediately check the Tax Table (F0018) and find it empty. Which of the following has not been set up?

• A.The processing option In the Auto Payments Update program
• B.The Tax Rules by Company program.
• C.The Tax Authority in the Address Book program.
• D.The processing option In the post program, to update the tax table
• E.The Supplier Master program, to update the tax table

You have been tasked with helping your client configure manual and bank statement processing for a new implementation. Your client has informed you that they want to use a different value than 'R' for the reconciliation code.
Which two items should you address with your client?

• A.All the one-digit values in UDC 09/RC are hard-coded. You must select and add a two-digit code if using a different reconciliation code than 'R'.
• B.The Auto Reconcile Void Payment (R09551) and Auto Reconcile Void Receipt (R09552) programs use the default reconciliation code of 'R'. You cannot change the reconciliation code for these programs.
• C.When using multiple reconciliation codes, duplicate AAI ranges must also be created to prevent system errors.
• D.The Debit/Credit Match Reconciliation program (P09131) must use the reconciliation code of *R\ You cannot change the reconciliation code for this program.
• E.Because your client is using bank statement processing, they cannot use values 'A' or 'D* because they are used by the Bank Statement programs.

When you post a payment, the system updates records In the Accounts Payable and General Ledger tables.
Which three statements are correct?

• A.When posting a payment, the system updates the Account Balance table (F0902) based on the F09ii records.
• B.When posting a payment, the system updates the Account Balance table (F0902) based on the F0413 and F0414 records.
• C.When posting a payment, the system updates the Posted Code to P in the Payment Header table (F0413) and the Payment Detail table (F0414).
• D.When posting a payment, the system writes a posted Payment record and an Automatic Entry record to the Account Ledger table (F0911).
• E.When posting a payment, the system writes an Automatic Entry record and updates the Posted Code to P for the existing payment record in the Account Ledger table (F0911).
• F.When posting a payment, the system updates the Posted Code to D in the Payment Header table (F0413) and the Payment Detail table (F0414).

Which three steps are performed in the Match Tape File To Recon File program (R09510) in order to reconcile the transactions?

• A.printing four reports that show the results of the comparison and list any errors that occurred during the automatic reconciliation
• B.copying the unreconciled transaction detail for all reconcilable accounts from the F0911 table to the F0911R reconciliation workfile
• C.converting data from the F095051 flat file to the F09505 workfile
• D.marking as reconciled all transactions with matching document numbers and amounts, and cleared dates greater than the document date in the F0911R workfile and F09ii table
• E.comparing cleared transactions from the bank tape in the F09505 to unreconciled transactions in the F0911R reconciliation workfile

Your client wishes to run Calculate Withholdings Report In preparation for the payment process. For the Calculate Withholding program to select a voucher, what must the voucher's pay status be?

• A.W
• B.H
• C.#
• D.A
• E.%