Which of the following tasks cannot be done using the Accounts Receivable module? Select the best answer.

Question

BlackTom AI · Accepted Answer

To tackle this question, first restate what the task is asking and what each option represents in the context of typical ERP or accounting software modules.
Option 1: Maintain Vendor information. This function is generally associated with the Accounts Payable (AP) module, which handles vendor setup, terms, and invoicing. The Accounts Receivable (AR) module focuses on customers and the money owed to the company, not vendors. So this task is not something AR is designed to do.
Option 2: Print reports that keep track of your receivables information. Generating and printing receivables reports (aging, balances, payments due) is a core capability of AR, as these reports track what customers owe the business.
Option 3: Maintain the funds owed to your company. This phrasing aligns with AR responsibilities, since it concerns money that is owed to the company by customers; AR manages receivables and the cash collection process.
Option 4: Maintain Customer information. Customer data management is a primary function of AR, including contact details, credit terms, balances, and sales history.
Now, evaluating each choice for correctness:
- Option 1 is the best candidate for being not possible in AR, because vendors are associated with AP processes like invoicing vendors, paying them, and tracking vendor terms. AR would not typically maintain vendor records.
- Option 2 is clearly something AR does, as receivables reporting is fundamental to monitoring money owed by customers.
- Option 3 is also within AR’s scope, since the module tracks amounts customers owe to the company and facilitates collections.
- Option 4 is a standard AR function, managing customer records and related interactions.
In summary, the only option that does not belong to the Accounts Receivable module is maintaining Vendor information, since that falls under Accounts Payable responsibilities rather than AR. The other options describe typical AR activities, such as tracking receivables, maintaining customer data, and managing funds owed to the company.

SG30018E3 - Sage 300 2018 Accounts Receivable Module 1 Quiz

Which of the following tasks cannot be done using the Accounts Receivable module? Select the best answer.

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