Exhibit:
ABC.com has the following requirements:
1.Asset invoices are entered in AP daily, but assets are transferred to Oracle Assets only once a
week
2.Payables Journal entries have to be transferred to GL at least once a month for reporting
purposes
3.Oracle Projects balances have to be updated once every month
4.Payment batches need to be processed daily
Based on the above what would be the minimum recommended frequency of running the Transfer
to GL program?
A.
Daily
B.
Weekly
C.
Monthly
D.
Once very two weeks