A remittance advice generally would be recorded in which of the following pairs of data stores?
A) customer master data and accounts receivable master data
B) sales event data and accounts receivable master data
C) accounts receivable adjustments data and accounts receivable master data
D) cash receipts data and accounts receivable master data

Question

Quizplus · Accepted Answer

A remittance advice typically represents a cash receipt, so it would be recorded in the cash receipts data store as well as the accounts receivable master data to reflect the payment made on an outstanding invoice.

A Remittance Advice Generally Would Be Recorded in Which of the Following