Question 1

Which page in RealPage Accounting can you find and enable Intercompany Billing Transaction function for a Property Management Company?

Accepted Answer

Go to Accounts Receivable > Setup > Configuration

Answer

Go to Cash Management > Setup > Configuration

Answer

Go to General Ledger > Setup > Configuration

Answer

Go to Accounts Payable > Setup > Configuration

Question 2

Which of the following permissions are for Intercompany Billing?

Question 3

Arrange the following steps on how to post Intercompany Billing entries:

Accepted Answer

Click Accounts Receivable, Click All, Click Intercompany Billing, Click Add, Fill out the fields, Click Post

Question 4

Intercompany Billing will always posts at least one AP Invoice for the Billing Entity and an AR Invoice for the other Entity.

Accepted Answer

true

Answer

false

Question 5

The AP Invoice in the screenshot was not created through Intercompany Billing.

Accepted Answer

false

Answer

true

Question 6

If a client needs to post an Intercompany Billing entry that contains more than two pairs of AP Invoices and AR Invoices for different Entities, what would be the best course of action to take in this scenario if they have an Excel file that has the data that they need for the Intercompany Billing entries?

Accepted Answer

Have them use the CSV template that can be downloaded by clicking on Accounts Receivable > All > Intercompany Billing > Add > Download Entries Form link.

Answer

Escalate the ticket to the Development team.

Answer

Have them add the Intercompany Billing entries one by one.

Answer

Have them use the CSV template that can be downloaded by clicking on Company > Setup > Import Data > Intercompany Billing - Template link.

Question 7

When editing an Entity in the Company application, which tab should we go to if we need to assign or change the Vendor ID and/or Customer ID that will be used when we use the Entity in posting a new Intercompany Billing transaction?

Accepted Answer

Additional Information

Answer

Entity information

Answer

Inter-entity setup

Answer

Ownership Info

Question 8

There are no differences between an AP Invoice created from an Intercompany Billing transaction and an AP Invoice created from an AR Invoice that used a Bill Back template.

Accepted Answer

false

Answer

true

Question 9

Arrange the following steps on how to add a Bill Back template:

Accepted Answer

Click Accounts Receivable, Click Setup, Click Bill Back Templates, Click Add, Fill out the fields, Click Save

Question 10

The highlighted section in the screenshot will only appear when posting an AR Invoice if...

Accepted Answer

They selected a Customer in the AR Invoice that is currently assigned as the Entity's Customer ID for intercompany transactions.

Answer

They added two line items in the Entries section of the AR Invoice.

Answer

The statement is incorrect and it will automatically show up when trying to post an AR Invoice as long as there is already a Bill Back template created in RealPage Accounting.

Answer

They selected the Entity in the Location column in the AR Invoice.

Question 11

Arrange the following steps on how to set up Approvals for transactions in RealPage Accounting:

Accepted Answer

Go to the Approval Configuration page to enable approvals, Go to the Approval Policy Manager to add Approval Policies, Go to the Approval Workflow and add a Workflow

Question 12

Unrestricted users in the Approval Configuration page are users that do not require approvals to have their transactions be posted in RealPage Accounting.

Accepted Answer

false

Answer

true

Question 13

If approvers have not yet approved a transaction, the transaction should still be in __________ state.

Accepted Answer

Submitted

Question 14

The following Approval Policy types are best used for setting up approvals for posting Journal Entries except for...

Accepted Answer

Payment Method

Answer

Amount

Answer

GL Account

Answer

User

Question 15

Based on the screenshot, how many approvals do you need to get a Check AP Payment to be fully approved?

Accepted Answer

4

Answer

6

Answer

2

Answer

1

Question 16

A true admin client is trying to add a new Approval Workflow for AP Invoices that are either posted directly in the RealPage Accounting UI or imported via a CSV template.

Based on the screenshot below, what would be the best course of action to take assuming that the client has the correct permissions assigned to their user ID?

Accepted Answer

Enable AP Invoice Approvals in the Approval Configuration page.

Answer

Select the e/Invoice (EI) / oInvoice (OI) box in the Approval Workflow page and then complete and save the workflow.

Answer

Escalate the ticket to the Development team.

Answer

Go to the Approval Policy Manager page to add an Approval Policy for AP Invoices.

Question 17

Based on the screenshot, this Approval Workflow is set up correctly.

Accepted Answer

false

Answer

true

Question 18

Which application in RealPage Accounting can you find the Bypass Transaction Approval permissions that are used for users that does not need to go through the Approval Workflows when posting transactions in RealPage Accounting?

Accepted Answer

Company

Answer

Spend Management

Answer

Accounts Payable

Answer

Platform Services

Question 19

Based on the screenshot below, if a user approves transactions in this page, they are more likely to be _______ users.

Accepted Answer

Site

Question 20

Which RealPage Application can you find the Expense Report Configuration page?

Accepted Answer

Accounts Payable

Answer

Accounts Receivable

Answer

Company

Answer

Cash Management

Question 21

Expense Reports is being used in RealPage Accounting to keep track of reimbursable expenses for their Employees or sometimes, even Vendors.

Accepted Answer

true

Answer

false

Question 22

Can you edit an AP Invoice that was posted because of a fully approved Staff Expense?

Accepted Answer

No, you cannot edit it, but you can reopen the Staff Expense and have it be approved again with the correct details.

Answer

No, you cannot edit it, since you need to have the Staff Expense be approved first.

Answer

Yes, you can edit it by clicking on the Edit link in the Accounts Payable > All > AP Invoices page.

Answer

Yes, you can edit it by declining the Staff Expense first.

Question 23

Arrange the following steps on how to approve transactions in RealPage Accounting:

Accepted Answer

Click Company, Click Setup, Click Approval Workbench, Select the Transaction Type, Click Approve

Question 24

You can enable Approvals for Manual Payments.

Accepted Answer

false

Answer

true

Question 25

You cannot set Approvals for AP Invoices created using Bill Back Templates.

Accepted Answer

false

Answer

true

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