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Question 62 - Certified Revenue Cloud Consultant Accredited Professional discussion

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Which 3 objects are updated when posting an invoice?

A.
Order Product
Answers
A.
Order Product
B.
Quote
Answers
B.
Quote
C.
Invoice Line
Answers
C.
Invoice Line
D.
Quote Line
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D.
Quote Line
E.
Invoice
Answers
E.
Invoice
Suggested answer: A, C, E

Explanation:

Order Product: The status of the Order Product is updated when the corresponding Invoice Line is posted.The fields such as 'Invoice Run Processing Status', 'Next Billing Date', 'Next Charge Date', and 'Last Charge To Date' are updated for the next period1.

Invoice Line: The Invoice Line object is updated when an invoice is posted.This includes locking the Invoice Line from further changes and finalizing the agreement represented by the invoice2.

Invoice: The Invoice object itself is updated when an invoice is posted.This includes changing the status of the invoice from 'Draft' to 'Posted', which locks the invoice from further changes and makes it ready for revenue recognition reporting2.

It's important to note that posting an invoice finalizes the agreement and prevents deletion of the invoice or any of its invoice lines.This ensures that your organization always has a record for legal and bookkeeping purposes2.

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asked 23/09/2024
James DePhillip
45 questions
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