What are the four steps of the automatic payment process? (Please choose the correct sentence) Approve and/or modify payments, generate proposal run, start payment run and schedule print. Maintain parameters, generate proposal run, start payment run and schedule print. Maintain parameters, start payment run, post payment documents and schedule print. Select open invoices, maintain parameters, post payment documents and start payment run. Select open invoices, approve and/or modify payments, post payment documents and print payment media.
What can we define for the "All Company Codes" section, in the payment program configuration? (5)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Salary payments also for another Company code Cash discount. Intercompany payment relationships. The company code(s) that process payments. The customer and vendor transactions to be processed. Tolerances days for payments.
What is a sending company code? (Please choose the correct sentence) It is a company code that receives only actual data from the receiver company code. It is a company code that sends only planned data to the receiver company code. It is a company code that passes the responsibility for processing the outgoing payments to another company code. It is a company code that is responsible for processing the outgoing payments, It is a company code that has many plants.
What can we define for the "Paying Company Codes" section, in the payment program configuration? (3) (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct) Intercompany payment relationships. Bill of exchange specifications. Minimum amounts for incoming and outgoing payments. Tolerances days for payments. Forms for payment advice and EDI.
What can we define for the "Payment Method / Country" section, in the payment program configuration? (4) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Define the master record requirements, i.e. address required, for each payment method. Document types to be used for posting and clearing documents for each payment method. Define the permitted currencies for each payment method. Define payment methods (check, bank transfer, etc.) for each country. Forms for payment advice and EDI.
What can we define for the "Payment Method / Company Code" section, in the payment program configuration? (5)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Bank optimization. Minimum and maximum payment amounts. Forms for payment media. Whether payments abroad and foreign currencies are allowed. Grouping options.
About the dunning program configuration, what controls how dunning is carried out (Please choose the correct sentence)? Company Code. Customer master record. Dunning procedure. Dunning texts. Sales Organization.
What can we say about "Bank selection" section, value date field, in the payment Program configuration? (2) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) A. Used with the Currencies. B. Used with cash management and forecast. C. The offset account to the sub ledger posting. D. The number of days until value date plus the posting date. E. Define the permitted currencies for each payment method.
What can we define for "Bank selection" section, accounts and amounts, in the payment program configuration? (3) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Available funds in each bank. Used with cash management and forecast. The offset account to the sub ledger posting. Clearing accounts for bills of exchange. Used with the Currencies.
What can we say about "Bank selection" section, charges, in the payment program configuration? (3)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Used with bills of exchange. Additional automatic posting configuration. The number of days until value date plus the posting date. Assess additional bank charges for incoming and outgoing payments. Define the permitted currencies for each payment method.
Consider the following statements:
Which of the following options is correct? (2) The payment block can be in: Payment term, Vendor/Customer master data and Invoices. Invoices that match the specified payment parameters but, for some reason, cannot be paid are listed in the exception list. In the proposal run, payments and related postings such as those for tax, tax adjustments, exchange rate differences or cash discount are posted automatically. DME means Document Medium Exchange.
True or false? Please choose the correct Answers (4) A payment method can be used only if it is entered in the account master record. The payment proposal can be edited, deleted and recreated as often as necessary. All the company codes in the payment run parameters must be in the same country. The exception list is part of the payment proposal. If you are using check management, you have to use check lots to print checks.
Consider the following statements: Which of the following options is correct? You cannot schedule an automatic payment program. The debit balance check can be carried out after a payment proposal has been created. When using the Payment Medium Workbench (PMW), the note to payee can be freely defined in Customizing.
What of the following options we can define for each duning Procedure, in the dunning program configuration? (3)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Grace periods per line item. Key for the dunning procedure to be used. Currencies. Interest calculator indicator for calculation of dunning interest. Bill of exchange account.
What of the following options we can define for each dunning Levels, in the dunning Program configuration? (3)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) A. Minimum number of days, referring to the due date of net payment, to reach a certain dunning level B. Key for the dunning procedure to be used. C. If interest is to be calculated. D. Interest calculator indicator for calculation of dunning interest. E. Print parameters.
True or false? Please choose the correct answers (3) Customers without dunning procedure in the master record are dunned with a default dunning procedure If dunning areas are not used; dunning is performed at the company code level. It is possible to dun vendors as well as customers. The "run date" is always the date when a certain dunning run is supposed to be started. The parameters specify the accounts and documents that are to be considered in the dunning run.
True or false? Please choose the correct answers (2) The payment terms of a credit memo usually do not apply, and the due date is either the due date of the associated invoice or the baseline date of the document. Every dunning procedure must have at least four dunning levels. An account is only dunned if all the overdue items have exceeded the minimum days in arrears. The dunning run updates the dunning data in the dunned items and accounts. A dunning notice is only sent if the dunning data has changed since the last dunning run or if "Always dun?" is selected.
True or false? Please choose the correct answers (3) There are two types of interest calculation in SAP R/3: account balance and interest on arrears. Account balance interest calculation is applied to individual items in accounts receivable or accounts payable. Account master data must contain an interest calculation indicator for interest calculation to take place. On a given account, SAP R/3 cannot calculate different interest rates based on the amounts of balances or items. You can configure SAP R/3 to calculate interest for customers or vendors that owe you money. You cannot calculate interest, however, if you owe your business partner money.
Consider the following statement about Correspondence:
A___<1>___ represents a type of letter in the system. Each___<1> has a corresponding____<2>____.
Each____<2> has a selection variant. Each____<3>___is assigned a SAP Scriptform.
Please choose the option that substitutes <1>, <2> and <3>, respectively: correspondence, correspondence type, print program. correspondence type, SAP Script form, print program. print program, program, correspondence type. correspondence type, print program, program. program, print program, correspondence type.
True or false?
Please choose the correct answers (3) You can void a check without reversing the payment document. You can void a check and reverse the payment document at the same time. You can void a check and reverse the payment document and the vendor invoice all at the same time. You have to maintain customer bank details manually in the master record to ensure that as many incoming payments are assigned as possible. You can define as many financial statement versions as you need to prepare reports according to various criteria, for example, for tax authorities, for other external users and for internal purposes.
Consider the following statements:
Which of the statements are false (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? (2) Balance confirmations are done at the beginning of the fiscal year. You carry out the foreign currency valuation after you have created the financial statements. You can use SAPF100 report to regroup and sort the receivables and payables. You enter individual value adjustments (IVA) as a special G/L transaction E. You can use the SAPF107 program ("Additional valuations") to carry out a flat-rate individual value adjustment.
Consider the following statements:
1) The profit and loss statement can be created using two types of accounting:
____<1> ____ and____<2>______.
2) In____<1> ____ the total output of a period and the total costs of this period are summarized
3) In____<2>____ the sales revenue for a period and the sales costs of the period are summarized
4) You can derive the____<3>____via a substitution rule, if it cannot be entered in the master data.
Please choose the option that substitutes <1>, <2> and <3>, respectively: cost of sales accounting, functional area, period accounting functional area, period accounting, cost of sales accounting period accounting, cost of sales accounting, functional area functional area, cost of sales accounting, period accounting period accounting, functional area, cost of sales accounting.
What is the intention when we create accruals
(Please choose the correct option)? (1) It means the expense/revenue were posted to the current period on receipt/issue of an invoice, but economically they belong, at least partially, in a future period. It means the expense/revenue belong in the current period and are only posted to a subsequent period once an invoice has been received or issued. It means the payment won't never occur. It means it is a special G/L transaction. It means it is a normal Fl Document (document type SA).
Consider the following sentences:
Which of the sentences is false (Please choose the correct option)? The Accrual Engine is a generic tool for calculating and creating accrual postings. One of the disadvantages of being using the Accrual Engine is that you can make periodic accruals postings automatically as performance optimized mass data processing using an accrual run. You have to create deferrals when an expense or revenue is posted in the current period, but is incurred or earned partly or completely in the future. The purpose of the account determination in the Accrual Engine is: determine the document type, the debit account and the credut account. One of the benefits provided by the Schedule Manager is the closing process is more transparent and easier to handle.
Consider the following statements:
1)It is the highest reporting level for profitability and sales and marketing controlling, and the central organizational unit in Profitability Analysis (CO-PA) used to segment and structure the market.
2)It is used to break an organization down according to production, procurement and other considerations.
3) It represents a particular level of operations and managerial area and you can generate balance sheets and profit and loss statements on the basis of it.
What are they related to: Controlling Area, Company Code and Business Area, respectively. Profitability Analysis Code, Company Code and Plant, respectively. Operating Concern, Company Code and Plant, respectively. Controlling Area, Plant and Business Area, respectively. Operating Concern, Plant and Business Area, respectively.
Consider the following statements:
Which of the following options is correct? (2) A. Controlling areas are organizational units within a company where cost accounting is performed. B. A controlling area cannot contain more than one company code. C. The company codes assigned to a controlling area must all use the same operational chart of accounts.
Consider the following statements:
1)The controlling area currency must be the same as the company code currency.
2)The fiscal year variants of a controlling area and company code can have different numbers of special periods. They must, however, have the same number of posting periods.
3)The controlling area and company codes may have different currencies.
4)The currency in which a document is posted to CO is the transaction currency.
Which of the following options applies to when the CONTROLLING AREA IS THE SAME AS THE COMPANY CODE and when IT IS CROSS-COMPANY CODE cost accounting,respectively
(Please choose the correct option)? 1, 2 and 4; 3) 1, 2 and 4; 2, 3 and 4) 1 and 4; 2 and 3) 1 and 2; 3 and 4) 2 and 4; 1 and 3).
Consider the following statement: "It contains information that remains the same over a long period of time". It is: Logical Database. Fl Document. Activity Al I o c ati o n. Master Data. Reconciliation Ledger.
Consider the following statements:
Which of the sentences is true (Please choose the correct option)? Secondary cost elements area used in production that are produced from outside the company. Cost elements are indicators, used as a basis for allocations and for performing key figure analysis Cost centers are the organizational units that incur and influence costs.
Consider the following statements (Report Painter)
1)____<1>____are numeric fields that you can evaluate in a report. 2)____<2>____are fields that display criteria that you used in the data selection. 3)____<3>____consist of a key figure and one or more characteristics.
4) All of the reports are kept in____<4>____.
Please choose the option that substitutes <1>, <2>, <3> and <4>, respectively: key figures, predefined columns, system libraries and characteristics. predefined columns, key figures, system libraries and characteristics. predefined columns, characteristics, key figures, and system libraries key figures, characteristics, predefined columns and system libraries. characteristics, key figures, predefined columns and system libraries.
What can we say about Internal Orders? (4)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) They can be used as internal cost objects. They can be settled to another cost objects. They can be real or statistical. They must have an associated order type. They cannot be organized by groups.
What are the techniques related to Planning scope on Internal Orders? (4)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? Overall planning. Budgeting. Primary and secondary costs and revenues. Unit costing. Statistical key figures.
Profitability Management is related to which SAP R/3 specific module? (Please choose the correct option) Financial Accounting. Materials Management. Controlling. Enterprise Controlling. Sales & Distribution.
(EC-PCA) What of the following items can be transferred online in realtime? (3) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) asset values. payables/receivables. balance carry forward. work in process. material stocks.
Consider the following sentences and choose the correct option: All transactions carried out during a period are stored with a date weighting in the Average balance ledger. The opening balance is taken from the average balance ledger "8A". The average balance ledger (8Z) contains both weighted transactions by period and by company code. A transfer price is a price used to plan the transfer of goods and services that should be occur between independent organizational units The assignment of a Report Painter/Report Writer to a library is optional.
What are the functions integrated in the Schedule Manager? (4)
(Note: we can have more than one correct sentence. Please select the sentences you think theyare correct) Error correction and Restart. Various ways for starting jobs. Dependencies. Documentation integrated into the system. Uniform Error Analysis.
What are the advantages of using the Schedule Manager during the period-end Closing processes? (4) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Changes not recognized or active immediately. Changes are immediately visible and effective. Access is available to everyone with authorization. The system executes settlement. Documentation ad flow for period-end closing are centrally integrated in the R/3 system.
What is the intention of a task list? (1) It is intended to group all work to be done. It is intended to be restricted to the financial manager. It is intended to make the user forget the transaction codes. It is intended only to collect several jobs. It is intended to be self-documented.
What are the four task types? (4)
(Note: we can have more than one correct sentence. Please select the sentences you think they are correct) Create transaction code. Notes. Transactions. Programs with variant. Flow definition.
What of the following options we can define for Expenses/Charges, in the dunning program configuration? (2) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) A minimum amount for the dunning charges can be set. Key for the dunning procedure to be used. If interest is to be calculated. Dunning charges, depending on the dunning level. Print parameters.
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