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Transactions: Charges and Corrections 2022

Quiz by Kathleen Viloria

Entry (New hire / required for all)
OneSite Conventional
RealPage

Feel free to use or edit a copy

includes Teacher and Student dashboards

Measures 2 skills from
Entry (New hire / required for all)
OneSite Conventional
RealPage

NH.PK.IK
NH.PK.PN

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15 questions
Show answers
  • Q1

    When you enter a transaction by mistake, OneSite allows you to reverse it.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q2

    When the transaction is reversed, OneSite creates a second transaction of an equal amount to offset the original transaction to adjust the ledger balance.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q3

    What function do we need to perform when you reversed a transaction that you thought you credited to the wrong account, and then realize that there was no error in the original post. 

    Post

    Delete 

    Edit

    Undo Reverse

    30s
    NH.PK.IK
  • Q4

    When you accidentally credit a payment to the wrong household, OneSite will not allow you move that payment and apply it to the correct household.

    false
    true
    True or False
    30s
    NH.PK.IK
  • Q5

    All items with a transaction code PMTOPACH in a ledger are electronic payments.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q6

    The _________________  option lets you assess charges or credits to all residents, or a selected group, at one time. 

    Transaction by Code

    Bulk Code

    Bulk Transactions by Code

    Transfer by Code

    30s
    NH.PK.PN
  • Q7

    You can use bulk transactions to post both charges and credits.

    true
    false
    True or False
    30s
    NH.PK.PN
  • Q8

    Depending on your property’s refund process, you can inform your accounting department to process the refund check for the resident.

    true
    false
    True or False
    30s
    NH.PK.PN
  • Q9

    In OneSite, you can add, edit, or delete a required deposit for a resident through the Deposit by Code pane.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q10

    In a resident’s Deposits ledger, required deposit transactions displays “Summary” in the Date column.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q11

    What details a resident’s deposit activity?

    Final Account Statement (FAS)

    Financial Account Statement (FAS)

    Interim Account Statement (IAS)

    Intern Account Statement (IAS)

    30s
    NH.PK.IK
  • Q12

    This process is to apply a payment or a portion of a payment from the resident ledger to the deposit ledger

    Refunding a Payment to the Security Deposit

    Applying a Payment to the Resident Deposit

    Removing a Payment to the Security Deposit

    Applying a Payment to the Security Deposit

    30s
    NH.PK.IK
  • Q13

    OneSite calculates late fees based on the late methods set up at  the property.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q14

    If late fees do not post on the late day specified by the property’s setup, then OneSite prompts you to post them before forwarding the date.

    true
    false
    True or False
    30s
    NH.PK.IK
  • Q15

    You can use the ___________________  tab to track income that is not directly related to a resident but still needs to be deposited and shown as income for the property.

    Deposit Ledger

    In Process Ledger

    Resident Ledger

    Miscellaneous Income

    30s
    NH.PK.PN

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