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Oracle Financials Cloud: Receivables 2023 Implementation Professional Questions and Answers

Questions 1

Manage Aging Methods

Scenario

Your organization needs to create their own a-bucket aging method for reporting purposes.

Task

Create a new 4-bucket Aging Method in the Collections application, where:

  • Name Of the aging method is XXAging Method (Replace XX with 03, which is your allocated User ID.)
  • Aging method is accessible to all business units
  • Aging buckets are 45 days apart
  • Last bucket is 91 days

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