ITEMS 101 - SAGE IMPLEMENTATION STUDY GUIDE

When using a multiple base currency environment, which mapping type is recommended? - ANSWERAdvanced IET (inter entity transactions) Mapping Inter-Entity transactions are coded to ONLY the _______________________ dimension; all other dimension coding is removed. - ANSWERLocation BASIC Inter-Entity account mapping does not show? - ANSWERThe direction of the inter-entity transactions. True or False: The location NAME can be updated at any time? - ANSWERTrue If all entities have the same Base currencies, you can run the ___________________ reports at the top level for consolidated reporting. - ANSWERFinancial If you enabled multiple base currencies, you will need which application for consolidated reporting? - ANSWERGlobal Consolidations After configuring taxes, additional fields must be populated to correctly capture taxes. What are the 4 fields? - ANSWER1. Customers and Vendors 2. Items 3. Printed Doc Templates 4. Order Entry and Purchasing transaction definitions When comparing Basic vs Advanced inter-entity account mapping, which method