Which information is used to check for duplicate invoices? 3 Company code Purchasing organization Reference Invoice date Account assignment data for invoices to purchase order (PO) items with account assignment.
Tolerance groups can be defined for users in Customizing. What can be controlled via such a tolerance group? 2 Up to what maximum amount a user can post invoices. Up to which amount the user can accept differences as a total-based. The maximum cash discount rate with which the user can post an invoice. For which supplier group the user can post invoices.
Which of the following leads to differences on the goods receipt/invoice receipt (GR/IR) clearing account? 2 A vendor waives the charges for a purchase order (PO) item because the delivery was executed as a free of charge sample delivery A price variance is posted at IR. The GR is posted as non-valuated. Of the 100 pieces of material returned to the vendor, only 98 were credited to the vendor’s account because two pieces were damaged in transit.
Which of the following statements about invoice verification in the background are applicable? 2 The Customizing settings for invoice verification in the background can be made separately but to the same extent as the Customizing settings for online invoice verification. In invoice verification in the background, only the difference for the complete document is determined. An item-related verification is not made. Incorrect items from the settlement program must always be manually verified in the end. Invoices processed in the background can be posted but blocked for payment if the invoice was posted before the delivery date of the order.
An invoice verified as incorrect during invoice verification in the background is automatically checked again the next time the verification program runs. True False.
Which of the following points must be fulfilled in order to apply the evaluated receipt settlement (ERS) to a purchase order (PO) item? 2 The ERS indicator must be set in the document item. A tax code must be maintained for the document item. The No ERS indicator must not be set in the info record. The terms of payment of the supplier (to whom the settlement must be made) must be maintained in the supplier's master record.
In the case of vendor consignment, the delivery of the goods is settled immediately, but the vendor remains the owner until the goods are removed from the warehouse. True False.
In which of the following cases should you enter an invoice as a subsequent debit? 2 You have already posted an invoice for 80 pieces for a purchase order. Now you receive an invoice for another 20 pieces for the same purchase order. The gold price was too low in an invoice for gold-plated parts. A second invoice is created to invoice the difference. One part has been inspected and found to be faulty but can still be partially used. The vendor sends you a credit memo for 10% of the original invoice amount. In the payment, the cash discount has been deducted, even though the cash discount period has expired. The vendor demands the cash discount back.
Which one of the following statements is correct with respect to delivery costs? 1 An invoice for planned delivery costs can only be posted after at least one invoice has been posted for goods or service items. Planned delivery cost can include the revised material cost sent by the vendor in a subsequent invoice. In the purchase order, you can specify a vendor other than the goods supplier for planned delivery costs. Unplanned delivery costs are always apportioned on the basis of values in the current invoice document.
Unplanned delivery costs are entered via special condition types at invoice receipt. True False.
What should you pay attention to when you want to enter an invoice without reference to a purchase order (PO) in Logistics Invoice Verification? 3 A direct posting to a material is not possible with the Create Supplier Invoice app. The vendor cannot be a one-time vendor. The currency must always be entered manually. The terms of payment are determined from the accounting data in the supplier
master record.
Which statements regarding credit memos are applicable? 2 Credit memos must contain the same terms of payment as the original invoice. You can only enter credit memos for complete items. The differences in credit
memos for partial quantities first have to be corrected using a reversal posting. You can also enter credit memos for blocked invoices. If you cancel an invoice, the system automatically generates a credit memo.
You cannot reverse a reversal document. True False.
Which of the following are blocking reasons related to variances in an invoice item? 3 Quantity Price Material Date Unit of measure.
If you set an upper and lower tolerance limit for blocking invoices in the system, and if the variance exceeds the upper limit, the system issues a warning message without blocking the invoice. True False.
100 pieces of a material were ordered at the price of 5 EUR per piece for the stock. 20 pieces have already been delivered for this purchase order. Now you receive an invoice for this purchase order in which 30 pieces are invoiced at a price of 10 EUR. What amount is posted to the GR/IR clearing account? 150 Eur 200 Eur 250 Eur 300 Eur.
When price variances occur in an invoice item for stock material, the account movements depend on how the material is valuated. (Prerequisite: goods receipt posted before invoice receipt.) True False.
For which of these variances can you store tolerance limits for invoice verification? 2 Amounts for items without reference to a purchase order (PO) Overdelivery at goods receipt Time limit exceed for blanket purchase order Variances from the standard price material valuation.
An invoice can be blocked depending on the quality inspection of any materials it contains. Which of the following statements apply in this case? 3 The invoice is blocked automatically when the goods receipt (GR) is posted as
stock in quality inspection, but not yet transferred to unrestricted-use stock at the
time of invoice verification. Quality management (QM) procurement must be active for the relevant material. An invoice block occurs, if an inspection lot was not released at the time of invoice
verification. For PO-based invoice verification, the system blocks an invoice if there is a
inspection lot from a previous delivery that was not released in the relevant purchase
order item.
What do you have to consider when reducing invoices manually? 2 You must select the correct value for the Correction ID in the item line. You must use the document type Invoice Reduction. Only one accounting document is created in total. In this document, the original
invoice amount is reduced by the difference. Two accounting documents are created, an invoice and a credit memo.
The system allows you to partially reduce an invoice by accepting the price or quantity variance. True False.
9. Which of the following statements about supplier-specific tolerance are applicable? 2 Supplier-specific tolerances are maintained in the purchasing data in the vendor master record. For total-based invoice reduction, it is not necessary to correct variances in the invoice items. Any small differences, which are specified for a tolerance key entered in the supplier master record, are posted to a separate general ledger (G/L) account. If the difference is larger than the defined tolerance for total-based invoice reduction, the invoice cannot be posted.
10. In which of the following situations can you release an invoice automatically? 3 Today is the delivery date of a purchase order (PO) and the invoice was posted five days ago. There was a manual payment block that has since been cancelled. The block occurred due to a quantity variance. The difference quantity has since been delivered. The block occurred due to a quantity variance. In the meantime, a credit memo for the difference quantity has been posted.
When you have deleted all your individual blocking reasons and saved your changes, the system releases the invoice for payment. True False.
Which objects are relevant for the Logistics Invoice Verification? 4 HR master data Material master record Vendor master record Sales order Purchase order G/L account.
Material S is valuated according to the standard price procedure. You have ordered 100 pieces of material S for the warehouse, and have already posted the goods receipt for the purchase order for 100 pieces. Now you receive the invoice for the 100 pieces. Which amount is posted to the GR/IR clearing account at invoice receipt? 1 Goods receipt quantity multiplied by the standard price Invoice quantity multiplied by the purchase order price Invoice quantity multiplied by the invoice price.
Which of the following functions are available in the invoice verification transaction MIRO? 3 Table control Hold Message log Personal settings Simulate postings Invoice Upload.
With the Create Supplier Invoice app, you can enter invoices but not credit memos. True False.
You are using purchase order (PO)-based invoice verification. Your PO has two items for the same material. There are four goods receipts (GRs) posted for the first item and three GRs posted for the second item. What will the item list look like if you want to post the invoice for this PO, but do not yet have an existing invoice? 1 A line appears showing the total of all seven items. A line appears showing the total of all GRs in the first item and another line appears displaying the total of GRs for the second item. A line appears for each GR posting. The items posted on the same day are grouped together. A line appears for each GR.
You enter an invoice using the MIRO transaction. What happens when you choose the Hold function? 2 The existence of the supplier is checked. An accounting document is created. The system updates the purchase order (PO) history. A materials management (MM) invoice document is created.
With which functions of the Invoice Verification can you park an invoice? 2 App Create Supplier Invoice Transaction Enter Invoice (MIRO) Transaction Park Invoice (MIR7).
With prepayment, it is possible to pay held, parked, and saved as complete invoices. True False.
Which of the following statements about taxes in invoice verification are correct? 2 Several tax rates can be applied in one invoice. The tax code proposed from the purchase order item cannot be changed in the invoice. An invoice can be posted if the tax information (tax amounts and tax codes) is correctly entered at the header level. Tax codes in the items are not mandatory. For Create supplier invoice - Advanced app, it is possible to define a default value for the tax code at header level.
The terms of payment, 14 days 3% cash discount or 30 days net price, are flagged in an invoice. There is no default data from the purchase order (PO). How would you enter the terms of payment? Go to the vendor master record and enter the terms of payment there. After you have saved the data, it is automatically copied to the current invoice. Enter a key for these terms of payment manually during invoice entry. Enter 14 days and 3% in the first line on the Payment tab page, leave the second one blank, and enter 30 days net price in the third line.
Which exchange rate is used to convert invoices into a foreign currency? 2 If the exchange rate is fixed in the purchase order (PO), that rate is used. The exchange rate on the day the PO was created is used. The fixing indicator is irrelevant. If the exchange rate is not fixed in the PO, the exchange rate from the day the invoice was entered is used. If the exchange rate is not fixed in the PO, the conversion is carried out using the average exchange rate from the date on the PO and from the current day.
You post an invoice with reference to a blanket purchase order (PO). Which of the following statements apply? (2) The goods receipt/invoice receipt (GR/IR) clearing account is credited. A posting is made to the consumption account. The system proposes the amount resulting from the difference between the overall limit and the actual value. If the blanket item contains account assignment data, it will be suggested.
The clearing of down payments is not possible during invoice entry. Clearing can only take place via the down payment monitor. True False.
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