|Unit 16 - What is correct to say about Link to financial accounting - The system sends billing data in invoices, credit/debit memos to FI and posts them to the correct accounts. The following data can be changed before an accounting document is created: (There are four correct answers) Billing date Pricing Account determination Output determination data Sales area Sold-to-party.
Unit 16 - Once the billing document has been release to accounts, you can change only: Output data Billing date Account determination Pricing Sales area.
Unit 16 - What is correct to say about Posting block: (There are three correct answers) Normally the system transfers accounting-related data to FI after a user confirmation You might not want the data to be transferred automatically for certain billing types, so you can set a posting block for the billing type Using the posting block, the system will then generate the accounting documents only after you have released the billing documents If the posting block is active, even with erros during the account determination the CO documents are generated The documents will not be created until you have de-activated the block or corrected the error.
Unit 16 - You can differentiate between documents in Financial Accounting by using the: Document type Account determination Business area.
Unit 16 - You can post a billing document in FI, and then the reference number from this document is transferred to FI. After that, if an invoice list is created referring this document what will occur? The reference number from the individual billing will be kept The reference number from the invoice list will be transferred overwriting the reference number from the individual billing.
Unit 16 - What is correct to say about Head Office and Branches: (There are four correct answers) You can represent this relationship with the partner functions in SD You can represent this relationship with head office field in the accounting segment of the customer master record You can use the Head office/branch field in the billing type to control which partner functions in the billing document should be transferred to FI The relationship stored in FI always has priority over the relationship in SD partner functions The relationship stored in FI has priority over the relationship in SD partner functions, the only exception is the customer number (KUNNR) in the billing header.
Unit 16 - What is correct to say about Negative postings: (There are two correct answers) To use it you must activate the Negative postings field for the billing types for credit memos and cancellations This setting only changes the display of open items This setting only changes the display of open items and on the processes in Financial Accounting The negative posting only takes place in the FI if permitted by the business area.