Create the Perfect Invoice Message Example for Procurement with Ease

Invoice message example for Procurement

foreign if you like this video make sure to subscribe to our Channel and hit the notification Bell icon to get the latest updates question which of the following invoices have no matching documents please choose the correct answer response Option 1 contract-based invoices option two non-contract invoices option 3 non-po invoices option 4 po based invoices question which transactional data element is a required Erp integration for Ariba P2P implementations please choose the correct answer response Option 1 purchase order option 2 received option 3 remittance advice option 4 payment request question for which document do Ariba Network supplier pay transaction fees there are two correct answers to this question response Option 1 purchase order option 2 order confirmation option 3 non-po invoices option for payment remittance advice question if the effective date is in the future the status of the contract workspace will be which of the following please choose the correct answer response Option 1 pending option 2 on hold option 3 published option 4 draft question which of the following data elements can you integrate in and sap Ari by buying an invoicing project there are three correct answers to this question response Option 1 Flex Master data option 2 approval lookup files option 3 fixed enumeration validation option for an ID on sap vendor master option 5 catalog kits question which of the following is not part of high-level process of CCO flight planning tool there are three correct answers to this question response Option 1 review and refine flight plan with customer stakeholders option 2 publish the plan option 3 Archive the plan option 4 finalize and track progress option 5 identify opportunities to expand adoption question which of the following statement s is slash are true regarding accounting line items please choose the correct answer response Option 1 each requisition line cannot have a different set of accounting option 2 both A and B option 3 accounting can be changed as needed during the transaction flow option for none of the above question how many types of approvers can be present on an approval graph please choose the correct answer response Option 1 4. option 2 3 option 3 2. option four five question which of the following statements are true regarding creating a contract please choose the correct answer response Option 1 none of the above option 2 once the contract workspace has been completed you must publish the workspace option 3 when using contract compliance along with contract workspaces it is recommended to have one contract workspace template without tasks or documents to simplify the process of creating the contract terms document option for both A and B question which of the following person is responsible for Network growth either regionally or within individual customer accounts please choose the correct answer response Option 1 managing partner option 2 Network growth manager option 3 supplier enablement lead option 4 customer engagement manager question which of the following statements are true regarding under receiving please choose the correct answer response Option 1 receipts can still be entered for quantities and amounts that are less than under receiving tolerance option 2 both A and B option 3 allows receipt of a greater quantity or amount than is specified on the PO option 4 none of the above question accumulators allow the system to determine which of the following there are three correct answers to this question response Option 1 when to keep a contract on hold based on limits and tolerances option 2 when to reopen a contract based on limits and tolerances option 3 went to reload a catalog subscription to remove a non-catalog item when its tolerance is exceeded option 4 when to notify users that a contract is approaching its limit option 5 when to apply accumulative tiered pricing discount to an item question which of the following are the invoice efficiency challenges there are three correct answers to this question response Option 1 short Day sales outstanding option two missed discounts option 3 short invoice processing Cycles option 4 invoice disputes and exceptions option 5 inability to forecast cash flow question your customer purchases Goods through resellers and needs to track spend with the manufacturer which contract hierarchy supports this business requirement please choose the correct answer response Option 1 hashtag name option 2 hashtag name option 3 hashtag name option for hashtag name question which of the following statements are true regarding search filters there are three correct answers to this question response Option 1 members of the report manager group can save searches for use by everyone option 2 search filters are available in only the search page not the search box option 3 you cannot hide search filters option 4 you can display specific search filters option 5 searching always performs partial matching question which buying process is recommended by sap aribo for facilities and maintenance spend please choose the correct answer response Option 1 collaborative requisition option 2 non-po invoice option 3 release contract option for no release contract question for supplier enablement which of the following is the best practice adoption based on ftes please choose the correct answer response Option 1 suppliers have capability to self-register Via A supplier portal option 2 supplier portal supports stock requirements inventory level checks option 3 none of the above option 4 purchasers can approve suppliers registering via the supplier portal once approved suppliers can maintain their own administrative information what responsibilities does the oribo functional lead have during an Ariba P2P deployment there are two correct answers to this question response Option 1 review Master data for completeness and assist in data issue resolution option 2 configure site ing to customer requirements option 3 educate customer on functionality and setup of Ariba integration tools option 4 facilitate business process review and configuration sessions question which of the following are invoice reconciliation line actions there are three correct answers to this question response Option 1 refer option 2 manual match option 3 Edit option 4 dispute option 5 submit question which of the following statements are true regarding contract addendum please choose the correct answer response Option 1 all of the above option 2 it provides Microsoft Word integration option 3 only a and C option 4 it is organized into sections and clauses option 5 it is a Microsoft Word document that contains the text of the contract agreement question your customer has an existing business process that is not supported by aribo P2P out of the box what does SAP Ariba recommend you do first please choose the correct answer response Option 1 work with the customer to modify their existing process to match sap aribo best practices option 2 work with the technical lead to provide a customization option 3 file a service request to the Ariba support team requesting a change to the system option for file and enhancement request to the Ariba support team and await a response from product support before proceeding question which of the following statement s is slash are true there are two correct answers to this question response Option 1 if receiving is enabled aribo will perform a two-way match between the contract and invoice option 2 when creating a contract without release orders users can receive directly against the contract option 3 in the absence of a purchase order the three-way match becomes invoice contract received option for if receiving is not enabled aribo will perform a three-way match between the contract receipt and invoice question which main data elements does SAP Ariba require from the customer's existing system there are two correct answers to this question response Option 1 user groups option 2 payment terms option 3 units of measure option for suppliers question the Ariba Network sends how many types of status messages to the Ariba procurement solution please choose the correct answer response Option 1 3 option 2 5 option 3 2 option 4-4 question which of the following statements are true regarding blanket purchase orders bpos in Ariba there are two correct answers to this question response Option 1 bpos must have a maximum amount option 2 BPO spend is accrued on the invoice date option 3 bpos are created through the requisition creation process option for bpos are sent to the supplier through the Ariba Network as a Poe and will appear in the supplier's inbox both as a contract and as a purchase order question which of the following statements are true there are three correct answers to this question response Option 1 in an integrated system that includes contract workspaces you can edit the contract directly option 2 the creator of a contract is automatically given edit access to that contract option 3A user can create a release order in three ways option 4 to create a release order a user must first create a requisition option 5 in a system that does not include workspaces only a user with edit access can edit a contract request question which of the following is a benefit for sellers using Ariba Network please choose the correct answer response Option 1 sellers transacting on Ariba Network are eligible to use marketing services to promote products on Ariba Network option 2 invoices submitted electronically Viaduct poflip are more accurate and accepted more quickly by buyers option 3 sellers with good ratings are promoted as potential suppliers on Ariba Network option for sellers collect marketing intelligence for their industry on Ariba Network question which of the following are symptoms of resistance in btm2 business transformation management methodology change management there are two correct answers to this question response Option 1 lack of abilities option 2 lack of motivation option 3 conflicts option for fear of job loss question for sourcing supplier evaluation which of the following is the best practice adoption based on annual savings please choose the correct answer response Option 1 follow formal multi-step sourcing process which includes spend analysis strategy development and execution option 2 organization has access subscription to online supplier network with enabled automated customer supplier matching for new suppliers Discovery and assessment option 3 organization negotiates and manages contract terms for vendor managed inventory automatic replenishment earlipay volume discounts for commodities option for formal request for information proposal and quotation prices is in place to collect multiple supplier responses for both new and renegotiated buys question which of the following statements are true regarding non-catalog items there are two correct answers to this question response Option 1 non-catalog items can be configured to appear in separate purchase orders from catalog items to streamline supplier fulfillment option 2 non-catalog items are generally used for spot by items option 3 in general you should seek to maximize use of non-catalog items option 4 administrators cannot control which users are allowed to create non-catalog items question your customer wants to use sapariba buying to identify sources of supply for specific goods and services the customer does not have sap ariba's strategic sourcing what would you present to your customer please choose the correct answer response Option 1 the non-catalog requisition functionality in sap Ariba option 2 the collaborative requisition functionality in sap Ariba option 3 the spot by functionality in sap Ariba option 4 the sourcing functionality in sap Ariba question sap aribo buying and invoicing can be configured to capture asset data on receipts which asset data attributes are included in the default configuration for asset receipts there are three correct answers to this question response Option 1 serial number option 2 location option 3 accrual account option 4 depreciation period option 5 tag number question on which tab can you add the pricing detail from a request for proposal RFP into a contract in sap Ariba buying and invoicing please choose the correct answer response Option 1 the award tab of the RFP option 2 the events tab of the contract workspace option 3 the contract tab of the RPF option for the pricing tab of the contract workspace question which of the following statement s is slash are true please choose the correct answer response Option 1 only if order was originally sent to Erp change cancel orders can be configured to be exported to the Erp and change cancel orders are exported to Erp when integration event runs option 2 change cancel orders are exported to Erp when integration event runs option 3 if order was originally sent to Erp change cancel orders can be configured to be exported to the Erp option for all of the above option 5 users must change cancel orders in Erp question for punk out requisition item type discount may be applied to which of the following contract types there are three correct answers to this question response Option 1 header level option 2 item level non-catalog option 3 commodity level option for item level catalog option 5 supplier level question any type of item can be added to a catalog kit with certain exception s which of the following is slash are the exception s please choose the correct answer response Option 1 non-catalog items option two punk out items option 3 existing kits option for all of the above option 5 only B and C question for supplier Performance Management which of the following is the best practice adoption based on average annual savings please choose the correct answer response Option 1 system tracks quantitative price delivery and qualitative Quality Service kpis of supplier performance performance is regularly communicated to supplier option 2 organization has real-time visibility into supplier performance and related risks for proactive improvements option 3 suppliers performances are measured on a regular basis to review if they are meeting contract terms and to gain leverage in negotiation option for none of the above question which of the following items need a uom unit of measure please choose the correct answer response Option 1 non-catalog items option 2 both A and B option 3 catalog items option for none of the above question which of the following statements are true of appendixes and attachments there are three correct answers to this question response Option 1 appendixes can be referenced by individual items or the entire contract option two multiple appendices are not supported option 3 and attachment is a document that is considered part of the contract option 4 attachments are not transmitted to suppliers option 5 during a sourcing activity appendices can be transmitted to suppliers for negotiation question which supplier Master data is shared in a suite integrated environment in Ariba P2P please choose the correct answer response Option 1 supplier location option 2 preferred ordering method option 3 system ID option for owner information which of the following statements are true regarding agreements without releases please choose the correct answer response Option 1 no release order contracts do not allow release orders to be issued against them option May second allow direct receiving and invoicing option 3 provide additional pricing terms option for all of the above option 5 only a and b question a manual purchase order remains in the ordering status which steps must you perform to transmit it to the supplier please choose the correct answer response Option 1 hashtag name option 2 hashtag name option 3 hashtag name option for hashtag name question which approval email features can you turn on or off using parameters in Ariba P2P there are two correct answers to this question response Option 1 approve all my items option option 2 display line level accounting details option 3 allow quantity updates option for forwarding and email delegates approval question how are quick enablement supplier prioritized when you plan enablement waves please choose the correct answer response Option 1 medium option 2 highest option 3 low option 4 high question which of the following is not a contract status please choose the correct answer response Option 1 draft option 2 deleted option 3 expired option 4 draft Amendment question which of the following statements are true regarding contract-based invoice there are two correct answers to this question response option 1A contract-based invoice is an invoice that is entered and matched against a release order contract option 2 contract-based invoicing enforces negotiated contract terms and pricing option 3 suppliers cannot do contract-based invoicing through the Ariba Network option for a contract-based invoice is an invoice aligned with an existing contract or blanket purchase order within Ariba question your customer does not want to use any customer-specific criteria which set of values can you use to set default receiving types please choose the correct answer response Option 1 supplier part number option 2 account type option 3 supplier option 4 ship to location which of the following statements are true regarding punk out catalogs there are two correct answers to this question response option 1A supplier can have only one link to the punk out catalog option 2 the punk out items always behave the same way as catalog items once they have returned to Ariba option 3A punk out session adds items to the shopping cart option 4 punk out allows users to shop for items directly on the suppliers punk out website question for which use case in the invoice against contract buying process considered best practice please choose the correct answer response Option 1 infrequent one-off purchases option 2 simple Services recurring collaboration option 3 simple Goods related to direct materials option for simple Services related to recurring activities question in invoice validation customers need to decide whether to use header level validation or line item level validation based on which of the following there are three correct answers to this question response Option 1 cost center option 2G L account option 3 transaction size option 4 commodity type option 5 controlling area question for which activities do you use the functional discussion document there are two correct answers to this question response Option 1 determine conformance to Baseline configuration option 2 determines scope of solution option 3 cover all questions from the customer option for capture customer requirements question when is an invoice reconciliation document created in sap Ariba buying and invoicing please choose the correct answer response Option 1 when an invoice does not exactly match a purchase order option 2 when an invoice is loaded option 3 when an invoice is processed by a reconciler option 4 when an invoice is not within purchase order tolerances question which deliverables does the Ariba functionality team provide to the customer there are two correct answers to this question response Option 1 Master data tracker option 2 Data rationalization document option 3 functional configuration document option for functional design document question ing to the Ariba Network supplier fees what percentage of their total volume per customer can supplier be billed amount please choose the correct answer response Option 1 0.0035 option 2 0.00155 option 3 0.0045 option 4 0.00255 question which of the following are the milestones in architect phase of aribo methodology there are two correct answers to this question response Option 1 ready to migrate to prod option 2 system test complete option 3 solution scope defined option for all project resources assigned question dashboards can have a maximum of how many tiles please choose the correct answer response Option 1 6 option 2 3 option 3 2. option four five option 5 4 question for supplier collaboration which of the following is the best practice adoption based on procurement cost please choose the correct answer response Option 1 supplier portal supports stock requirements inventory level checks option 2 company facilitates order collaboration through a supplier portal for order acknowledgments Advanced shipping notifications and confirmations option 3 suppliers are able to maintain their own data pre-enter Goods receipts asns and pre-enter invoices on behalf of the buying organizations option for strategic suppliers are viewed as part of the team and collaborate with engineering as well as sourcing to ensure components and finished products can meet expectations question which of the following statements are true regarding Ariba procurement solution there are two correct answers to this question response Option 1 aribo procurement content covers some of the aribo procure to pay processes but it uses your Erp system for approvals creating and sending POS and receiving and settlement option 2 aribo procure to order covers all procurement life cycle processes option 3 Ariba invoice Pro does not fill the void of inadequate accounts payable automation option for aribo procure to pay spans the entire life cycle of a purchasing transaction from requisitioning to ordering to receiving to invoicing and Reconciliation question during its creation the contract compliance request CR is in which of the following state please choose the correct answer response Option 1 initial option 2 processing option 3 composing option for creating question what are the configuration options for the child sites of Federated process control systems in aribo P2P there are three correct answers to this questions Option 1 multivariant option 2 disconnected option 3 connected option for cross variant option 5 single variant question which catalog status on the Ariba Network informs the supplier that the catalog content is made available for the customers and users please choose the correct answer response Option 1 activated option 2 validated by customer option 3 published option 4 approved question which contract based invoice options does oribo P2P offer via the Ariba Network there are two correct answers to this question response option 1A supplier users the Ariba Network to access the Ariba P2P site and creates an invoice option 2 the Ariba Network creates an invoice automatically on the due date of the contract line items option 3A supplier sends an email to the Ariba network with a PDF attachment of the invoice option for a supplier accesses the supplier side Ariba Network and creates an invoice question which of the following activities is not a main process of an Ariba P20 implementation please choose the correct answer response Option 1 ordering option 2 invoicing option 3 receiving option for requisitioning question which of the following statement s is slash are true regarding contract limit compliance please choose the correct answer response Option 1 the contract is closed when all item limits exceed tolerances option 2 independent of line item limits if the overall limit is exceeded by the specified tolerance the contract is closed option 3 the contract remains open as long as at least one line item limit is below tolerance option for only a and b option 5 all of the above question what responsibilities does a purchasing agent have once in Ariba P2P requisition has been issued against a manual supplier there are two correct answers to this question response Option 1 send POs to supplier via agreed communication method option 2 Mark POS as ordered once they are transmitted to the supplier option 3 run the forced order task to push POs to the Ariba Network option 4 confirm the receipt of suppliers order confirmations within aribo P2P question which sap Ariba tool simplifies the procurement of non-sourced goods while maintaining corporate visibility and control please choose the correct answer response Option 1 sap arib is spot by catalog option 2 sap Ariba sourcing option 3 sap ariba's strategic sourcing option for sap aribo payables question manual selection release Works only for which of the following users please choose the correct answer response Option 1 only B and C option two users with the permission to create a requisition option 3 users with the permission to directly release direct release access option for all of the above option 5 users who are not excluded from release of contract question which of the following statements are true regarding approval process management there are three correct answers to this question response Option 1 the administrator cannot manually deactivate an approval process option 2 the manage approval processes page allows your administrator to search for view edit create and copy approval processes option 3 the administrator can Define more than one approval process for each approvable type option for more than one approval process can be active for each approvable type at a time option 5 each approval process applies to one type of approvable question in collaborative requisitioning how many types of bidding exist please choose the correct answer response option one two option two five option 3 3 option 4-4 question which of the following statements are true regarding invoice reconciliation IR there are two correct answers to this question response Option 1 the invoice reconciliation IR is a copy of the original invoice option 2 the IR document is generated only when exceptions are not generated option 3 invoice reconciliation numbers does not have same numbering scheme as invoices option for IR contains a record of the reconciliation process question in an Ariba P2P deployment which of the following activities require actions from both shared services and sap Ariba there are three correct answers to this question response Option 1 issue resolution option 2 project plan creation option 3 basic test scenarios option for process flows option 5 program level meetings question which activities do you conduct during the design phase of an Ariba P2P project there are two correct answers to this question response Option 1 lead configuration workshops option to update the functional design document option 3 create customizations option 4 conduct work stream introductions question what does SAP Ariba recommend that you load first during an Ariba implementation please choose the correct answer response Option 1 recommended parameters option 2 realm branding stings option 3 supplier Master data option for template realm Baseline settings question no release order contracts are typically used for services and need to handle which of the following aspects of service procurement there are three correct answers to this question response Option 1 complexity option 2 recurring and fixed costs option 3 need for more detailed effort analysis option for deliverables and Milestones option 5 need for more detailed analysis of resource utilization question what must be done before you can create customizations in the sap aribo buying and invoicing environment there are two correct answers to this question response Option 1 the customer must submit a service request after go live option 2 the technical lead must engage with the customer to define the scope option 3 the functional lead must create a prototype during the requirements Gathering phase option for a statement of work must be created by the customer engagement executive question which of the following tasks are the responsibilities of the customer in the first wave enablement process there are two correct answers to this question response Option 1 prioritize suppliers for integration option 2 confirm testing for integrated suppliers option 3 collects supplier data as needed option 4 contact the supplier membership Organization for managed suppliers question which of the following statements are true regarding accumulator updates please choose the correct answer response Option 1 in contracts for which invoicing is enabled invoicing related accumulators are updated when invoice reconciliation documents are approved option 2 both A and B option 3 none of the above option 4 in contracts for which receiving is enabled receiving related accumulators are updated when receipts are processed question which of the following statements are true regarding close order there are two correct answers to this question response Option 1 can automatically close POS that have had no activity for a period of time option 2 POS can be closed for change receiving invoicing or all option 3 only purchasing administrators can close POS option for closed POS cannot be reopened question a user needs to design and manage forms which sap Ariba user groups must be assigned to this user there are two correct answers to this question response Option 1 form template creator option 2 custom form administrator option 3 e form template manager option for custom form designer question which sap Ariba module simplifies the procurement of non-sourced goods while maintaining corporate visibility and control please choose the correct answer response Option 1 sap arib is spot by catalog option 2 sap Ariba sourcing option 3 sap Ariba payables option for sap ariba's strategic sourcing thank you for attending the session I hope you all enjoyed it don't forget to like And subscribe to our Channel also feel free to ask your questions in the comment section below and we will reply to them at the earliest