Which three statements are true regarding the use of a …

Your customer wants to use a clearing company to automatically balance intercompany entries. Which three
statements are true regarding the use of a clearing company value?

Your customer wants to use a clearing company to automatically balance intercompany entries. Which three
statements are true regarding the use of a clearing company value?

A.
Clearing companies are not supported.

B.
If you map legal entities to balancing segment values, then a clearing company can only be applied within a
legal entity.

C.
You must map legal entities to balancing segment values in order to use a clearing company.

D.
If you do not map legal entities to balancing segment values, then a clearing company can be applied to any
journal within the ledger.

E.
If you choose to use a clearing company, you can define a default clearing company value or select the
clearing company value directly in the general ledger journal.



Leave a Reply 0

Your email address will not be published. Required fields are marked *