Microsoft Business Solutions Great Plains 8.0 Financials Set 6

If you pay more than one voucher ✘ If there are more than twelve items that need to print on the check stub ✘ If a check is printed for more than the maximum check amount ✘ If there are more than ten items that need to print on the check stub ✔

Looks first to the vendor record, then to the vendor class, and then to Posting Accounts Setup ✘ Looks first to the vendor record, then to Posting Accounts Setup ✘ Looks first to the vendor class, then to the vendor record, then to Posting Accounts Setup ✘ Looks first to the vendor class, then to Posting Accounts Setup ✔

A payment under the minimum amount can not be entered for the customer. ✘ The amount can appear on the customer statement. ✘ A finance charge will be assessed for payments under the minimum amount. ✘ The customer will be placed on hold if the minimum payment amount is not met. ✔

Posting Accounts Other Variable Allocation Accounts Unit Accounts Fixed Allocation Accounts

When the receipt is posted in Receivables Management ✘ When the receipt is posted in General Ledger ✘ When the receipt has cleared the bank ✘ When the receipt is posted/deposited on a deposit in Bank Reconciliation ✔

Set up additional keys to sort on within lookup windows ✘ Restrict on the items appearing in the lookup window ✘ Change the default sort for a lookup window ✘ Select a SmartList favorite for a lookup option ✔

You can select to age by Due Date or Document Date in the Receivables Management Setup window. Aging should be done only after printing customer statements. Balance forward customer transactions can be aged from current to non-current in the Receivables AgingProcess window. Aging should be done prior to assessing finance charges.

Sales Order Processing General Ledger Fixed Assets Purchase Order Processing

Assess Finance Charges ✘ Paid Sales Transaction Removal ✘ Aging ✘ Transfer Sales Commissions ✔

To consolidate a period balance ✘ To update the retained earnings account for the period ✘ To ensure no transactions can be posted to that period ✘ To be able to perform the year-end closing routine ✔