Which functionality is NOT provided by the Receivables to Ledger Reconciliation Report?
A.
Limiting the display using the ad hoc parameter
B.
Drilldown to see reconciling details
C.
Drilldown to see what needs to transfer and post to the general ledger
D.
Graphical and visualization components for viewing the reconciliation details
E.
The reasons for the reconciling differences
Explanation:
Incorrect answers:
B: Leverage the Payables to Ledger Reconciliation and the Receivables to Ledger Reconciliation
reports using the interactive Oracle Transactional Business Intelligence (OTBI) reporting technology
to:
Expand account balance information from summarized to detail data for optimal reconciliations
Facilitate manageability and clarity for the reconciliation process
E: If discrepancies exist, the process of matching each transaction to its respective accounting entry
is automatically performed, finding all transactions and accounting entries that contributed to the
out-of-balance situation.
Exceptions are automatically identified. For example:
Transactions that do not have complete accounting
Amounts that do not tie to the accounting entry amount
Manually entered journals that posted to the general ledger account
Journals that did not come from the subledger modules
Note: Periodically you need to reconcile the transactions in your accounts receivable system, both
before and after you post to the general ledger. The Receivables to General Ledger Reconciliation
extract and report help to simplify this process and reduce the amount of manual reconciling activity
required.
Fusion Applications help, Reconciling Accounts: How It Works with the Subledgers
correct answer -D