Simulation

CORRECT TEXT-(Topic 2)

Manage Receipt Classes and Methods

Scenario

Supremo US Business unit needs to capture customer payments that will be reconciled in the Cash Management application. You need to define a receipt class and receipt method, and assign the appropriate bank account to meet this requirement.

Task:

Create a manual Receipt Class, where:

1. Name of the new receipt class is XXReceipt Class (Replace XX with 03, which is your allocated User
ID.)
2. Receipts using this new receipt class will not be remitted
3. Organization will use Cash Management to clear their receipts