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Exam Name: Oracle E-Business Suite R12 Project Essentials Exam
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You are setting up an AutoAccounting rule and trying to use "Class Code" as the parameter for that rule. Which setup must exist in order to use "Class Code" as one of the parameters?
*AutoAccounting Parameter: ClassCode
AutoAccounting class code on the project.
Note: Since you can define many project classification categories, the Class Code parameter always corresponds to the one classification category that you specified as the AutoAccounting classification category.
Reference: Oracle Projects Implementation Guide
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Identify two ways to ensure that correct class category codes are recorded against relevant projects.
B:To define class categories and class codes:
1.Navigate to the Class Categories and Codes window.
2.Enter a unique Class Category name and a Description.
3.Specify whether the class category is mandatory for every project you define.
Enable if all projects must have a code assigned to this class category. Do not enable if this class category is optional. If you do not enable this option, you cannot use this class category in your AutoAccounting rules.
4.Specify whether you want to use the class category in your AutoAccounting rules.
Suggestion: For each project, you can use only one code with one class category for use with AutoAccounting rules. If an AutoAccounting category already exists within a particular date range, assign an end date to the existing AutoAccounting category and then create a new one.
5.Specify whether you want to allow entry of only one class code with this class category for a project.
Note: Defining multiple class codes for one category for a project may affect reporting by class category; defining multiple class codes may cause your numbers to be included more than once.
6.Enter the Name, Description, and Effective Dates for each class code.
7.Save your work.
C:As part of a project template definition setup, you can choose which Quick Entry fields you want to define. Oracle Projects prompts you to enter information in these Quick Entry fields when you create a new project from a template. Choose Quick Entry fields for project information you want to enter (instead of accepting the template default) each time you create a project.
Order: Enter a number to indicate the sequence in which you want the Quick Entry fields to appear.
Field name: Choose the fields you want to appear in the Quick Entry window when you create a new project.
Specification: You enter a specification for the following field names:
Key Member:Select the project role type to use when creating the key member
Classification:Select the class category to use when creating the classification
Customer Name: Select the customer relationship to use when creating the project customer Prompt: You can enter a field name that is different from the predefined field name to display when you use Quick Entry.
Required: Choose whether you want to require entry for the Quick Entry field.
Identify two predefined transaction sources that Oracle Projects uses to import the transactions generated within Oracle Projects.
Oracle Projects uses predefined transaction sources to import project allocations and capitalized interest transactions that it generates internally.
Reference: Oracle Projects Implementation Guide, Transaction Sources
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