Identify the features of a Business Blueprint ?
There are 5 correct answers to this question. Blueprint document Business scenarios
Business groups Blueprint structure Associated items Business process groups.
What do you define when you set up a depreciation area?
Please choose the correct answer. The posting to the general ledger The asset number ranges The company code in Asset Accounting The account determination.
Your customer runs an SAP system with New General Ledger Accounting activated.
They want to run a valuation of accounts receivable that are posted in foreign
currency.
What do you have to do?
Please choose the correct answer.
Assign a valuation method to all customer master records that you want to valuate.
Set up a valuation method and assign it to a valuation area. Set up the Valuation Cockpit to perform this task Set up a new exchange rate type and assign it to a valuation method.
.
which information do you maintain for house banks?
There are 3 correct answers to this question customer and vendor accounts information for electronic bank statements general ledger accounts information for electronic payments transactions bank accounts for each house bank.
Question:
Consider the following statements, Which of the following statements are true?
1) Accounts with open item management must have line item display activated.
2) You can activate or deactivate open item management everytime, even if the account
hasn't a zero balance.
3) You can select both local and foreign currencies as account currency.
4) If the account is the local currency, the account can only be posted to this currency.
5) When using the "Only Balances in Local Currency" indicator in the master data record,
transaction figures are only managed for amounts translated into local currency.
There are 3 correct answers to this question.
4 3 2 1 5.
Question:
Where in Customizing can you configure that the cost center in the asset-sub
number is identical to the cost center of the main asset?
Please choose the correct answer. in the screen layout of the asset master in the account determination of the asset class in the screen layout of the depreciation area in the tab layout for the asset master record.
which of the following can be defined as key figures?
There are 3 correct answers to this question
branch sales regional purchases plan and actual indicator year and period plan and actual variance.
Question:
Which objects can be assigned to an asset master record with New General Ledger
Accounting?
There are 3 correct answers to this question. Segment Profitability segment
Profit center Internal order Account determination.
Question:
Which of the following is a typical process sequence in Product Sale from Stock?
Please choose the correct answer.
Incoming order -> Transport/Delivery -> Billing -> Dunning and payment Incoming order -> Goods receipts/Transport -> Dunning and payment -> Billing Purchase requisition -> Billing -> Transport/Goods receipts -> Dunning and payment Purchase requisition -> Delivery/Transport -> Dunning and payment -> Billing.
Question:
what is the purpose of the group account number in G/L account master
maintenance?
Please choose the correct answer.
it acts as the key to identity the balance sheet and profit and loss accounts in the
financial statement version it is used for cross-company code reporting if the company codes use different chart of
accounts it defaults the number interval that is applied for the G/L account number in the
company code it determines the fields in the entry screen when you create or update a master record
in the company code.
Question:
About evolution in the world of business, we can affirmate that...
Please choose the correct answer. The internet revolution could turn available to companies the use of ERP functionality.
The next generation of "new dimension" products appeared taking functionality out of
the company, to bring value through extending the Internet Revolution. The internet has driven to a collaborative environment where value is created through
collaboration within business communities.
In the first the companies were looking at Cost reduction and efficiency through
integration of business communities.
.
Question:
You have been asked to copy a company code from an existing company code.
Which existing objects can be assigned automatically?
Please choose the correct answer. Customer master data G/L accounts controlling areas Profit center groups.
Question:
ERP offers enterprise centric functionality (general ledger, payroll, order entry) to
integrate core, internal processes. About the definition of ERP and e-business
functionalities, we can say that...
There are 4 correct answers to this question. About Business Model, ERP can be considered as enterprise centric and e-business, as
extended and collaborative. About Processes, ERP can have them integrated, core within enterprises and
collaborative, beyond company boundaries.
ERP is SAP R/3, while e-business is mySAP.com.
ERP is mySAP Financials and mySAP HR. About Architecture, ERP can be considered as an integrated system and e-business, as
an integrated system and an open integration platform.
Question:
what can you edit in the payment proposal?
There are 3 corrects answers to this question
cash discount for each line item payment data in customer or vendor master record payment block for an open item payable amount for a down payment assignment to another house bank.
Question:
For which scenario can you use the cash journal?
Please choose the correct answer. To manage cash in local branches and offices To record documents that will not be included in the general ledger To make remittances to vendors To post incoming and outgoing payments in any transaction currency.
Your customer has two company codes in the same client. Each company code has a
different operational chart of accounts. The customer has a country-specific chart
of accounts for each company code. How does this influence how you create
customer master records?
Please choose the correct answer You have to create one master record for each customer. You have to create customer master records for each chart of accounts.
You have to create customer master records for each credit control area.
You have to create customer master records for each country-specific chart of
accounts.
Question:
Which two data sections are part of every asset?
There are 2 correct answers to this question. Depreciation data section Valuation area data section Master data section Account determination data section.
Question:
You need to add a new depreciation area. Which object within Asset Accounting do
you need to update?
Please choose the correct answer.
Depreciation keys asset history sheets transaction types asset classes.
Question:
What is the purpose of account determination in the accrual engine?
There are 2 correct answers to this question. To determine the CO object To determine the document type To determine debit and credit accounts To determine the correct posting period.
Question:
you have entered a head office in your vendor master record. What is the
consequence?
Please choose the correct answer.
all correspondence with the branch is automatically sent to the head office, too the bank details of the branch account are automatically updated with the bank data of
the head office account the branch account is automatically assigned to the same account group as the head
office account all items posted to the branch account are automatically transferred to the head office account.
Question:
which data do you maintain in the chart of accounts segments of a G/L account?
Please choose the correct answer.
user data reconciliation data consolidation data authorization data.
Question:
Which object can be used to derive the profit center automatically during posting?
Please choose the correct answer segment cost center company code business area.
Question:
Which of the following is one of the benefits of document parking?
Please choose the correct answer. It provides a user friendly way of changing posted documents. It enables technically incomplete documents to be posted. It enables the use of the dual control principle. It enables individual document numbers to be assigned.
Question:
Consider the following statements about currencies concepts, Which of them is
true?
1) The currency code identifies each currency that will be used into R/3 system.
2) You have to define all the world's currency into R/3 system.
3) Exchange rate types distinguishes the exchange rates to be considered for various
purposes, such as valuation, translation, conversion, planning, etc.
Please choose the correct answer All of them 3 1 and 2 1 and 3 2 1.
Question:
You need to assign more than one company code to one controlling area. Under
what kind of a business scenario would you need to consider such a decision?
There are 2 correct answers to this question. Multilevel Product Cost Management across company codes Cross-company code transactions that MUST be processed in a controlling area Representation of intercompany processes, whereby producing and delivering plant
are the same.
Question:
Which infrastructure supports core business solutions in four subcomponents
including people integration, information integration, process integration, and
application platform ?
Please choose the correct answer. SAP Exchange Infrastructure SAP NetWeaver SAP Business Process Management SAP Web AS.
Question:
to which organizational unit can you assign your validation and substitution?
Please choose the correct answer. business area segment company code profit center.
Question:
You want to make the line item text field mandatory during document entry. What
customizing objects can you maintain to do this?
There are 2 correct answers to this question
document type fields status group
posting key account group
.
Question:
Which of the following objects can be used to derivate segments automatically?
Please choose the correct answer. Cost center Profit center Functional area G/L account.
Question:
Consider the following sentences about field status:
1) Fields which _____________can be made____________.
2) Fields that can be entered, but are not required, can be set to _________entry
Which of the options below matches the blank spaces of those sentences?
Please choose the correct answer.
1) must have an entry / suppressed, 2) suppressed 1) must have an entry / optional, 2) optional 1) must not have an entry / optional, 2) suppressed 1) must have an entry / required, 2) optional
1) must not have an entry / required, 2) optional.
Question:
How can the short text field of a G/L account be changed?
Please choose the correct answer. By making the change at the start of a new fiscal year Individually, in the company code segment Centrally, in the chart of accounts segment By making sure that the field status of the chart of accounts segment allows it.
Question:
what is the correct order of steps to set up the Financial Closing Cockpit?
Please choose the correct answer.
1. Create tasks 2. Define dependencies 3. Create task list 4. Create template 1.create template 2. Create tasks 3. Define dependencies 4.create task list 1 create template 2. Create tasks 3.create task list 4.define dependencies
1. Create tasks 2. Define dependencies 3.create template 4. Create task list.
Question:
What is a benefit of a drilldown report?
Please choose the correct answer. The navigation area The edit and save functionality The automatic refresh The workflow connection.
Question:
Your customer wants to clear minor payment differences for incoming payments
automatically. Which objects do you have to use to fulfill this requirement ?
Please choose the correct answer. Tolerance groups for employees and tolerance groups for customers/vendors
Tolerance groups for employees and tolerance groups for document types Tolerance groups for G/L account and tolerance groups for employees Tolerance groups for G/L account and tolerance groups for customers/vendors.
Question:
In the New General Ledger Accounting, how would you incorporate companies with
different fiscal years if you wanted to assign them to the same controlling area?
Please choose the correct answer.
Create company codes with the same fiscal year variant and assign the company
codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant. Create company codes with different fiscal year variants and assign them to the same
group company for reporting purposes.
Use the same fiscal year variant for all company codes and set up parallel accounting
for company codes that have different fiscal years. Use the same fiscal year variant for all company codes and do a reversible close for
the company codes that have different fiscal years.
.
Question:
What does the year-end closing program do in Asset Accounting?
There are 2 correct answers to this question. It checks whether the previous year has been closed in Financial Accounting. It checks whether depreciation and assets are fully posted.
It checks whether assets contain errors or are incomplete. It opens new annual value fields for each asset.
Question:
Document splitting is active in your company code, The splitting characteristic is
the profit center. All account are assigned. You post a vendor invoice with single
expenses that needs to be posted to three cost centers. The cost centers are all
assigned to different profit center is charged with 10 % VAT.
How many line items are created in the entry view and how many are created in
General Ledger view?
Please choose the correct answer.
Entry View: 3 ; General Ledger View: 7 Entry View: 3 ; General Ledger View: 9 Entry View: 5 ; General Ledger View: 9 Entry View: 5 ; General Ledger View: 7.
Question:
You have entered a non-invoice-related credit memo and selected the term of
payment "Net due 30 days". The Invoice Reference field is empty (it contains
neither a document number nor a V).
What effect does this have on the term of payment ?
Please choose the correct answer.
The term of payment is copied from the last valid invoice of the customer. The term of payment is invalid. The term of payment is valid. An error occurs.
Question:
Which of the following describe characteristics of master data?
There are 2 correct answers to this question.
Master data is typically assigned to organizational levels Master data cannot be changed after creation. Master data is used on a long-term basis for multiple business processes Master data must be assigned on company code level Master data is a template for transactional data.
Question:
Your customer wants to add a new company code and asks you to make the
configuration settings for document types and number ranges. What do you have to
do?
Please choose the correct answer. Define number ranges for the new company code Allow all document types for the new company code.
No additional settings are necessary Set a second number range for all document types.
Question:
Your company currently uses internal number ranges for documents. You are
rolling out your system in a new country.
It is a legal requirement in this country to have external document numbering on
vendor invoices (currently document type KR).
You have copied the number ranges from the existing company code to the new
company code.
Which Customizing settings do you have to make to meet this requirement and
have a minimal effect on the existing system configuration?
Please choose the correct answer.
Mark existing number range interval 51 as external for the new company code. Create a new external document type and assign the number range 51 to the new
document type. Mark a new document number range as external and assign it to the document type
KR Create a new document type and a new external number range interval as external.
Assign the new number range to the new document type.
Question:
Your customer wants all items that are posted to their customer account to be
transferred to their headquarters automatically.
Which function do you have to use to fulfill this requirement?
Please choose the correct answer. Head office and branch account Alternative Payer/Payee Receivables reclassification One-Time account.
Question:
Which field of the line item will be filled automatically by the sort key field of a
master record (G/L account, customer, or vendor)?
Please choose the correct answer. Amount in document currency Assignment Item text Number of the invoice to which the transaction belongs.
Consider the following sentences, Which of these combinations is true?
1) A base currency can be assigned to an exchange rate type.
2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate
tools are using a base currency for the average rate (M) and using the exchange rate spreads
to calculate the buying and selling rates (B and G).
3) A base currency can be used for an average, a buying or a selling rate.
4) The relations between currencies have to be maintained per exchange rate type and
currency pair in the translation factors.
Please choose the correct answer.
1, 2 and 3 1, 3 and 4 1, 2 and 4 1, 2, 3 and 4 2, 3 and 4.
Question:
Sensitive fields have been defined and customized for vendor master data. For
which of the following sensitive fields will an update trigger dual control?
Please choose the correct answer.
Vendor account group IBAN currency account group.
Question:
what data is defined on the level of bank master data?
There are 2 correct answers to this question payment and dunning information address data and control data A unique bank country and bank key corresponding business partner.
Question:
You configured new Asset Accounting for your company code with three
depreciation areas that post in real time. When posting an external acquisition, how
many documents are created?
Please choose the correct answer 6 2 4 3.
Question:
Your company uses only book depreciation and you activate the new depreciation
engine. The book depreciation key Z010 curently used by an asset should be
changed to Z020.
The asset depreciation started two years ago, and depreciation for the current year
has already been posted for the months of January, February, and March (monthly
depreciation run).
The change should take effect from April 1st.How can you implement this change?
There are 2 correct answers to this question. Call the Depreciation Areas screen in the asset master and change the depreciation
key from Z010 to Z020. Also change the ordinary depreciation start date to April 1st Create a new asset referencing the asset you want to change. On the Depreciation
Areas screen, select depreciation key Z020. Then post an asset transfer from the
existing asset to the new asset. Call the Depreciation Areas screen in the asset master and assign the key Z020 with
validity start date of April 1st. Undo the depreciation postings for the asset in the current year. Then call the
Depreciation Areas screen in the asset master and change the key from Z010 to Z020.
Question:
Which of the following parameters are defined in the payment program to select
appropriate open items?
There are 2 correct answers to this question. Program identification Purchasing group Exchange rate type Bank account.
Question:
A vendor sends an invoice to a company which contains expenses for two company
codes. You post the vendor item to the receiving company code, then the expense,
and finally a cross-charge to the other company code.
How are the taxes posted?
Please choose the correct answer. Taxes are posted to the company code where the vendor item is posted. Taxes are not posted automatically, and will therefore have to be posted manually Taxes are posted to the company code where the larger part of the expense is posted. Taxes are posted to both company codes in proportion to the expenses.
Question:
What additional options does parking documents offer compared to holding
documents ?
There are 2 correct answers to this question. A parked document can be posted via automatic speech recognition. A parked document can be posted using a workflow A parked document can be changed and posted by another user, thereby supporting
the principle of dual control. A parked document can be posted cross-client to minimize the Total Cost of Ownership
(TCO).
Question:
Identify the features of the service desk?
There are 4 correct answers to this question. SAP Help Message handling process Solution Manager diagnostics Customer solution database Managing SAP Notes Error handling.
Question:
what is controlled by the terms of payment?
There are 2 correct answers to this question allowed account type setting for net procedure account for cash discount received determination of the baseline date default payment method.
Question:
If a vendor is also a customer, it is possible to clear both roles against each other.
Which settings are necessary to implement this ?
There are 2 correct answers to this question.
The vendor number must be entered in the customer account or the customer number
must be entered in the vendor account. The "Clearing with Vendor" field must be selected in the customer account, and the
corresponding field must be selected in the vendor account. The vendor and the customer must be assigned to the same group account The payment program must be set up to allow debit checks for vendors and credit
checks for customers.
Question:
On which level are asset classes created?
Please choose the correct answer. client ledger company code chart of depreciation.
Question:
What happens when you post an outgoing partial payment?
There are 2 correct answers to this question. a payment block is set on the invoice the invoice is cleared the invoice remains open a new open item is created with reference to the invoice.
Question:
What is an independent fiscal year variant?
Please choose the correct answer. It is a variant not normally used because of its particularity. It is a variant which you can define different number of periods, according to the year. It is a variant which allows the use of different number of posting periods. It is a variant which each own fiscal year uses the same number of periods, and the
postings periods always start and end at the same day of the year. It is a variant which the postings periods are only equal to the months of the year.
Question:
In a payment run, the data entered for a payment method in the document may
differ from the master data. How is this resolved by the system ?
Please choose the correct answer. The payment run temporarily stops, and the system prompts you to correct the data.
After you have corrected the data, the payment run continues Document data overrides master data. Master data overrides document data The payment run stops and the system issues an error message.
Question:
Which of the following are the main components of a drilldown report?
Please choose the correct answer. Variables and key figures Characteristics and key figures Characteristics and variables Variables and general selection criteria.
Question:
A multinational enterprise acquires a company in a country which has local
reporting requirements. The multinational enterprise wants to use one operational
chart of account for all companies.
How can you fulfill this country-specific requirement ?
Please choose the correct answer.
Create a group chart of accounts and assign it to the company code Create a country-specific chart of accounts and assign it to the regular chart of
accounts. Create a country-specific chart of accounts and assign it to the group chart of
accounts. Create a country-specific chart of accounts and assign it to the company code.
Question:
What is the maximum number of line items of an FI document?
Please choose the correct answer.
99 Unlimited 999 9999.
Question:
Which of the following functions are interactive SAP List Viewer functions?
There are 3 correct answers to this question filtering summation simulation multiplication sorting.
Question:
Which of the following special G/L transactions are noted items?
There are 2 correct answers to this question. down payment request down payment guarantee of payment bill of exchange payment request.
Question:
Which elements of a customer account are created when you maintain the account
decentralized in Financial Accounting?
Please choose the correct answer. General data and sales area data General data, company code data, and purchasing organization data General data, company code data, and sales area data General data and company code data.
Question:
You configured new Asset Accounting with three depreciation areas that post in
real time. You need to post a partial scrapping to an asset in the leading ledger.
How many documents does the transaction create?
Please choose the correct answer.
Note: Answers of this question are not verified by our experts, please study yourself and
select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on
feedback@sapexam.com to get 50% cashback. 3 1 6 4.
Question:
On which level do you define depreciation keys?
Please choose the correct answer. Chart of accounts Chart of depreciation Asset class Company code.
Question:
which of the following accounts is assigned to the profit and loss section of the
financial statement?
There are 2 correct answers to this question
Note: Answers of this question are not verified by our experts, please study yourself and
select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on
feedback@sapexam.com to get 50% cashback. accumulated depreciation receivables revenue depreciation.
Question:
Which activity will have an impact on the net book value of an asset?
Please choose the correct answer. Changing the assigned cost center Changing the assigned WBS element Changing the useful life of the asset Changing the account determination.
Question:
Of the items listed below, which are NOT features of Configuration?
There are 2 correct answers to this question. Test Case Assignment Project Documentation Transport Change Requests Generate Blueprint Configure IMG Objects.
Question:
In an asset main number in Asset Accounting, which information can be different
between international GAAP and local GAAP?
There are 2 correct answers to this question. Asset class Asset capitalization date Deprecation start date Net book value.
Question:
which of the following special G/L transactions types updates one line item only?
Please choose the correct answer. noted item guarantee statistical posting down payment.
Question:
Which of the following factors determine field status for vendors?
Please choose the correct answer. Account group, transaction, and company code Transaction, chart of accounts, and company code Account group, chart of accounts, and company code Account group, transaction, and chart of accounts.
Question:
Which of the following statements are true?
There are 3 correct answers to this question. Number ranges for customer/vendor accounts can overlap. One number range can only be assigned to one account group If you enter an alternative payer, the amount to clear the open items due in the
account is paid by the alternative payer. An one-time account is a special customer/vendor master record which a company
rarely do business. The account group is used to control the fields displayed in the master record.
Question:
You want to update the Search Term2 field in your customer master data, but the
field does not appear in the maintenance transaction.
Which field status definitions do you have to check and, if necessary, change in
Customizing?
There are 2 correct answers to this question. Field status definitions of activities Field status definitions of company codes Field status definitions of account groups Field status definition of the assigned reconciliation account.
Question:
you post a credit memo for an invoice with a posting date one week after the
invoice was entered. How can you ensure that the due date of the credit memo is
the same as the due date of the invoice?
Please choose the correct answer enter a ‘’V’’ in the invoice reference field of the credit memo enter the invoice number in the invoice reference field of the credit memo ensure that the same payment terms are used in both documents ensure that the same payment method applies to both documents.
Question:
Which functions can you use to generate inter-company posting documents?
There are 2 correct answers to this question. Intercompany asset transfer Central currency valuation Intercompany dunning Central payment.
Question:
Consider the following sentences about field status:
1) Fields which are _____________can be ____________.
2) Fields which have an entry that ________________can be set to _________only (even in
change mode)
Which of the options below matches the blank spaces of those sentences?
Please choose the correct answer. 1) not used/optional, 2) should not be changed/suppressed 1) not used/suppressed, 2) must be changed/display 1) not used/suppressed, 2) should not be changed /display 1) used/optional, 2) must be changed/display 1) used/suppressed, 2) must be changed/display.
Question:
Which of the following statements are true?
There are 3 correct answers to this question. The "Only Balances in Local Currency" indicator is usually set in balance sheet
accounts that are not managed in foreign currencies and not managed on an open
item basis. You can use a group chart of accounts for internal purposes. The usage of a financial statement version for the group chart of accounts is optional The "Only Balances in Local Currency" indicator must not be set in reconciliation
accounts for customers or vendors. Accounts with a foreign currency as an account currency can be posted to any
currency.
Question:
which function is offered in drilldown reports with the Report-to Report interface?
Please choose the correct answer. forward to another user download to a spreadsheet call up a transition change to graphical output.
Question:
which depreciation type allows fluctuations in activity to be considered when
calculating depreciation?
Please choose the correct answer. special depreciation unit of production depreciation unplanned depreciation ordinary depreciation.
Which of the following accounts are updated directly?
Please choose the correct answer. Accounts in the operating chart of accounts Accounts in the master chart of accounts Accounts in the group chart of accounts Accounts in the country chart of accounts.
Which of the following status symbols are used in customer and vendor line item
lists?
There are 3 correct answers to this question. Open Cleared Not due Parked Overdue.
A company code is...
Please choose the correct answer. An organizational unit that provides an additional evaluation level for the purpose of segment reporting, for example. The highest level in the R/3 system hierarchy. An independent accounting entity (the smallest organization element for which a complete self-contained set of accounts can be drawn up). A dependent accounting entity, according to Fiscal Year. An organizational unit in an enterprise that represents a closed system used for cost accounting purposes.
which of the following can you choose for a report variant?
There are 2 correct answers to this question a selection variable protect field batch input scheduling user group assignment.
what limitation do you have to consider for the fiscal year variant assigned to the leading ledger of a company?
Please choose the correct answer. it must match all other company codes assigned to the same controlling area it must be the same as the posting period variant assigned to the company code it must have 12 normal periods and up to 4 special periods (13 to 16 periods in total) it must be the same for all ledgers that are used by the company code.
What of these alternatives are considered master data?
There are 4 correct answers to this question. Vendor Asset Chart of Accounts G/L Accounts Customer.
A company uses different terms of payment. What can you define for these terms of payment?
There are 3 correct answers to this question. Interest calculation Cash discount percentage rates Baseline date for due date calculation Cash discount periods Cash flow calculation.
A customer wants to use segment reporting on balance sheet and P/L accounts. Which business function do you recommend?
Please choose the correct answer. Profit Center Accounting Profitability Analysis Special Purpose Ledger New General Ledger Accounting.
What do you use the Closing Cockpit for?
Please choose the correct answer. To perform day-to-day activities To create mass change of offsetting days for existing activities To run reconciliation between CO and FI To perform periodically recurring activities.
A customer is running SAP ERP 6.0 with New General Ledger Accounting. For which purpose can they use the Closing Cockpit?
Please choose the correct answer. To create mass change of offsetting days for existing activities To perform day-to-day activities To perform periodically recurring activities To run reconciliation between CO and FI.
your compant code uses USD as the company currency. You are trying to post to an account in EUR but get an error message that you cannot post to this account. What is the reason?
Please choose the correct answer. the translation rate between EUR and USD is NOT maintained the currency maintained in the account master record is USD the account determination for exchange rate differences is missing for the account the Only Balances in Local Currency indicator is set in the account.
Which information is updated on the invoice when posting a complete payment?
There are 2 correct answers to this question Clearing account Clearing currency Clearing date Clearing document number.
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make?
There are 2 correct answers to this question. Assign the Segment Reporting scenario to your leading ledger. Define two retained earnings accounts and assign them to your P&L accounts Define a retained earnings account Activate cost of sales accounting.
What are the requirements for the technical clearing account in new Asset Accounting?
there are 2 correct answers to this question The account must be a profit and loss account the account must be a balance sheet account the account must be line item managed the account must be flagged for ‘’posting without tax allowed’’.
A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas?
Please choose the correct answer. Based on the relevant chart of accounts Based on the aims of internal or external reporting Based on relevant currencies Based on company codes.
Where can you block an open vendor invoice for payment?
There are 2 correct answers to this question in the general segment of the vendor master record in the company code segment of the vendor master record in the invoice document during posting in customizing for sensitive fields.
How does the SAP ERP ECC 6.0 wih new G/L accounting support real-time CO-FI integration?
Please choose the correct answer. batch reconciliation postings are generated from the reconciliation ledger the controlling area can be configured wth one to one assignment to a company code a separate posting period interval specifically for the CO-FI postings is provided the universal journal provides a common database table for both CO and FI postings.
What elements of a customer account are created when you maintain the account decentralized in Financial Accounting?
Please choose the correct answer. General data and sales area data General data and company code data General data, company code data, and purchasing organization data General data, company code data, and sales area data.
For reports in Asset Accounting, which object do you have to use and, where necessary, customize to determine the sort level and/or the summation level ?
Please choose the correct answer. Valuation area Depreciation area Sort key Sort variant.
Which are the necessary steps to create a validation?
Please choose the correct answer. Check, control, message Prerequisite, check, update, control Check, update, message Prerequisite, check, message.
what functions within Asset Accounting allow mass processing?
There are 2 correct answers to this question mass asset retirements mass deletion of active assets with net book value zero mass asset changes mass asset acquisitions.
When parking a document, which of the following occurs in the system?
Please choose the correct answer. The document number is not assigned and transaction figures are not updated. The document number is not assigned but transaction figures are updated The document number is assigned but transaction figures are not updated The document number is assigned and transaction figures are updated.
You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this?
There are 2 correct answers to this question. Post the difference as a residual item. Post the difference to an account assigned to a reason code. Split the received payment so that it falls below the tolerance limit Increase the tolerance limit manually while posting the document.
During reorganization, two cost centers are merged, and all future postings should go to only one of them.
If postings are made to the wrong cost center in future FI-postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one.
What will you recommend?
Please choose the correct answer. Define two substitutions for the Line Item call-up point. Define a validation in CO to ensure that the functional area is filled in the cost center master Create a user-specific program to substitute the wrong cost centers automatically overnight Define a substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value.
Whitin the line items of FI documents, what does the posting key control?
There are 3 correct answers to this question. whether the item is posted with reference to primary or secondary cost elements whether the item is posted as a debit or credit the account group to which the line item can be posted the account type to which the line item can be posted the field status of additional details.
which new Customizing object requires you to reconfigure the depreciation areas in new Asset Accounting?
Please choose the correct answer. Chart of accounts asset classes accounting principles valuation areas.
At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero.Which accounts are treated in this way?
Please choose the correct answer. P&L accounts Balance sheet accounts Accounts managed only on the basis of open items Balance sheet and P&L accounts.
what needs to be maintained in Customizing to allow cross-company code transactions?
There are 3 correct answers to this question clearing accounts VAT accounts posting authorizations posting keys field movement.
Your customer wants to perform their year-end closing activities. Which of the following activities are mandatory to close the books?
There are 2 correct answers to this question. Run the carryforward Run planning and budgeting. Run fiscal year change in Asset Accounting Run balance sheet open item analysis.
Which of the following activities generates an FI document if real-time integration between CO and FI has been set up?
There are 2 correct answers to this question. An assessment between cost centers that belong to two different company codes A subsequent change of a segment in a CO document A test run for the settlement run of an asset under construction to a G/L account A distribution between cost centers that reside in two different controlling areas An assessment between cost centers in one company code with different functional areas.
Which specifications can you choose in the reverse document header data to reverse a general ledger posting?
Please choose the correct answer document date posting date payment block base date.
how can you post accruals?
there are 2 correct answers to this question regroup the receivables and payables post manually at the end of the period, quarter or year use the document split functionality use the recurring entry program.
To which of the following does an asset class apply?
Please choose the correct answer. To all company codes in a controlling area To all company codes in an instance (client-independent) To all company codes in a client To all company codes within a client, which share the same chart of accounts.
Which Customizing settings can you make for payment terms?
There are 3 correct answers to this question. Determine a default currency code for the header of the accounting document Determine whether a payment term is valid only for the vendor, only for the customer, or for both customer and vendor Determine that invoices are locked for payment Determine that invoices are locked for dunning Determine a default payment method for the line item.
Your customer is running an SAP ERP system with New General Ledger Accounting activated. All scenarios, but no customer fields, are assigned to the leading ledger.
Which objects in the totals table (FAGLFLEXT) can be evaluated with drilldown reports?
Please choose the correct answer. Profit centers, cost centers, business areas, functional areas, divisions Business areas, functional areas, segments, profit centers, user IDs Cost centers, business areas, functional areas, segments, tax codes Segments, profit centers, cost centers, business areas, functional areas.
Which of the following objects can you post to via the cash journal?
There are 2 correct answers to this question. Accrual Engine One-time customer Material master Asset master Customer.
Identify the benefits of SAP Solution Manager?
There are 5 correct answers to this question. Reduced cost of implementation Reduced cost of operation Reduced ROI More reliable IT solutions More leverage from IT investments Faster ROI.
A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been posted within the current month. How can you create this type of report ?
Please choose the correct answer. - Create a G/L Account Balances report.
- Enter the values for the document range and company code. - After saving this as a
variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date
on the Variant Attributes screen. - Create a Compact Document Journal report.
- Enter the values for the document interval and company code.
- After saving this as a variant, add an appropriate D (Dynamic Date Calculation)
variable for the posting date on the Variant Attributes screen. - Create a Compact Document Journal report.
- Enter the values for the document range and company code. - After saving this as a
variant, add an appropriate T (Table) variable for the posting date on the Variant
Attributes screen. - Create a Compact Document Journal report.
- After running the report, save it to your desktop, where it can be updated every
month.
Which stage of the sales process creates documents for both material management and financial accounting?
Please choose the correct answer. billing sales order creation shipping- goods issue shipping – delivery creation.
which of the following tasks are stages of dunning execution?
There are 2 correct answers to this question maintain te dunning levels schedule the dunning run maintain the dunning parameters schedule the dunning intervals.
Which SAP NetWeaver component realizes cross-system application processes?
Please choose the correct answer. SAP Master Data Management (SAP MDM) SAP Business Warehouse (SAP BW) SAP Exchange Infrastructure (SAP XI) SAP Enterprise Portal (SAP EP).
Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts ?
There are 3 correct answers to this question. Valuation key Chart of accounts Reconciliation account Currency Valuation method.
You want to capitalize an Asset under Construction (AuC) using the line item settlement process. However, the settlement does not work. What could be the reason?
There are 3 correct answers to this question. The AuC has not been released There is no settlement profile assigned to the company code The Depreciation Engine is not active The settlement profile does not allow assets as valid receivers The status of the AuC is set to Summary Management.
Which interactive function is provided by the SAP List Viewer?
Please choose the correct answer. Mass reversal Creation of subtotals for specific values Use of the report-report interface Creation of worklists.
What does the posting key control?
There are 3 correct answers to this question Debit/credit indicator Field status (of posting key) Document type Number range Account type.
What does the fiscal year variant control?
There are 2 correct answers to this question. The number of periods (up to 16 posting periods including special periods) The open periods (a period interval for closing and another for day-to-day business) The number of periods (up to 52 posting periods and special periods) The number of special periods available in addition to the normal periods.
What are the benefits of using the accrual engine?
There are 3 correct answers to this question. The accrual engine is client-independent. The accrual engine calculates the accrual amounts automatically The accrual engine can correct accruals in the previous month even if that period is closed. The accrual engine can simulate planned future accruals. The accrual engine supports parallel accounting.
What are the prerequisites for posting a vendor invoice in Financial Accounting?
There are 2 correct answers to this question. You have created a company code segment in the vendor master. You have updated the bank details section of the vendor You have maintained the currency exchange rates in the system. You have set up a number range for the vendor invoice document type.
You entered a non-invoice-related credit memo and selected Net Due 30 Days as the term of payment. The Invoice Reference field is empty.
What effect does this have on the term of payment entered in the credit memo ?
Please choose the correct answer. The term of payment entered in the credit memo is used during clearing. An error occurs The term of payment entered in the credit memo is ignored during clearing The term of payment entered in the credit memo is replaced by the term of payment from the last valid customer invoice.
which elements do you define when you create a new document type?
There are 2 correct answers to this question reasons for reversal number range for the document type account types allowed for posting posting keys for the document type.
What does the SAP Web AS provide?
Please choose the correct answer. J2EE and ABAP in a single environment Storage of all transactional documents in one single database Real-time data exchange with all SAP systems Master data harmonization across SAP NetWeaver.
Standard ASAP (Accelerated SAP) roadmaps outline the activities involved in SAP solutions Identity the main types of roadmaps?
There are 4 correct answers to this question. Upgrade Roadmap Implementation Roadmap Download Roadmap Solution Management Roadmap Solution Roadmap Global Template Roadmap.
Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.
What do you recommend?
Please choose the correct answer. Use the standard Financial Statements (RFBILA00) report. Run a line item report Use a drilldown report. Activate the Line Item Display flag in the financial statement version.
Consider the following sentences about the chart of accounts segment, which of
these combinations are false?
1) It contains the Company Code, Account number and the field status group.
2) Whenever you need to enter information for a company code for an account number, you
have to type again the information related to chart of accounts segment.
3) Texts can be displayed using the program "Account assignment manual"(RFSKTHOO).
4) Keywords facilitate the search for account numbers.
There are 2 correct answers to this question None of them. 4 1 2 3.
If a vendor is also a customer, which settings are necessary to clear both roles against each other?
There are 2 correct answers to this question The payment program must be set up to allow debit checks for vendors and credit checks for customers. The vendor and the customer must be assigned to the same group account The vendor number must be entered in the customer account, or the customer number must be entered in the vendor account. The Clearing with Vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account.
Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight?
There are 2 correct answers to this question It optimizes legacy data transfer. It enables the use of a task list covering all closing activities It closes the posting period automatically on the last day of the period It provides complete documentation of the activities performed during period-end closing.
Which postings are created by the depreciation posting run?
There are 2 correct answers to this question. Book and cost accounting depreciations to assets Transfer of deprecations to cost center planning Year-to-date depreciation on current assets Postings to the depreciation accounts in the General Ledger.
The field status definitions from the account group and the transaction are considered for each field. The field status definition with the higher priority is used.
Which priority sequence, going from the highest to the lowest, is correct ?
Please choose the correct answer. Display, Required Entry, Optional Entry, Hide Required Entry, Optional Entry, Hide, Display Hide, Display, Required Entry, Optional Entry Optional Entry, Hide, Display, Required Entry.
you use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead, which objects would be different?
There are 3 correct answers to this question Asset Classes Financial Statement Version Chart of Accounts Leading Ledger Depreciation Areas.
Which line item field is filled automatically by the sort key field of a master record (G/L account, customer, or vendor)?
Please choose the correct answer. Item text Amount in document currency Number of the invoice to which the transaction belongs Assignment.
What characteristics are configured as standard for every customer/vendor account?
There are 2 correct answers to this question Purchasing Organization Open Item Management. Company Code. Line Item Display. Currency.
What is the segment that makes complete both customer and vendor accounts?
Please choose the correct answer Purchasing Organization Client. Sales Area. Controlling Area. Company Code.
Your customer sells products and services. They have to separate the invoices into invoices for products and invoices for services.
Which object do you have to use to create dunning notices dependent on the division (product or service)?
Please choose the correct answer. Dunning areas Separate dunning runs Dunning keys Dunning block reasons.
Which parameters do you have to specify if you want to execute a payment run?
There are 2 correct answers to this question. Company code Currency Bank account Payment method.
Which factors determine the fiscal year variant you would assign to a company code?
There are 2 correct answers to this question. The fiscal year start and end period of the company The need to control which periods are open for posting for the company code The need to control which periods are open for posting for specific user groups The use of a specific fiscal year variant by other company codes on the client The existence of a shortened fiscal year.
your client would like to show information about customers during reporting without updating the general ledger. Which special G/L type do you recommend?
Please choose the correct answer bill of exchange noted items down payment automatic offsetting entry.
Fiscal year variant F! has six posting periods and fiscal year variant F2 has four posting periods. The posting periods have different start and end dates for each fiscal year.
Variant F1 is assigned to leading ledger (0L) and F2 assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-ledger ledger.
What causes this error message?
Please choose the correct answer posting period for the non-leading ledger group ‘’N1’’ is closed the posting is being made in a special period, but both variants are examples of a shortened fiscal year the fiscal year variant of the non-leading ledger and the leading ledger are different the posting period variant of the non-leading ledger and the leading ledger are different.
Which fields can you maintain when entering an invoice document for a one-time customer?
Please choose the correct answer payment methods and bank details Payment methods and communication language customer address and bank details Bank details and communication language.
Which of the following is mandatory to make G/L accounts ready for posting?
Please choose the correct answer. A company code segment and at least one cost element A chart of accounts segment and at least one company code segment A chart of accounts segment and at least one functional area A chart of accounts segment and at least one cost element.
Which functions can be used to generate inter-company posting documents?
There are 2 correct answers to this question. Central procurement Central cash journal Central currency valuation Central payment.
A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo. Which accounts will be used to issue credit memos?
Please choose the correct answer. Payables and revenue account Receivables and expense account Receivables and revenue account Payables and expense account.
What controls the posting key?
There are 3 correct answers to this question. Field status Document type Number range Account type Debit/credit indicator.
You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts?
Please choose the correct answer Three – one for each bank account Two – one for each house bank Six – one for each combination of house bank and bank account One for all postings.
You can configure different types of Chart of Accounts in the ERP system. Which one of the following are TRUE Chart of Accounts?
There are 3 correct answers to this question Group chart of accounts Country-specific chart of accounts Plant-specific chart of accounts Operating chart of accounts.
You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed.
Which object causes this error ?
Please choose the correct answer. Document type Tolerance group Field status variant Currency key.
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question. Hold Park Post Simulate.
Consider the following sentences, which of these are true?
1) Reconciliation accounts are general ledger accounts assigned to the business partner master records to record all transactions in the sub-ledger
2) For accounts without line item display, the most important data from the posted line items is stored in a special index table.
3) The account currency must be in the local currency.
4) Items in accounts with open item management means the G/L accounts should have a offsetting posting for a given business transaction.
Please choose the correct answer. 1 and 2 1 and 4 1 and 3 2 and 3 2 and 4.
The chief accounting officer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you need to create in Customizing for Asset Accounting to meet this requirement?
there are 2 correct answers to this question. a new account determination key a new financial statement version a new asset class a new depreciation area.
About BAPI (Business Application Programming Interface), what is true?
There are 5 correct answers to this question A business object in the Business Object Repository (BOR) can have many methods from which one or several are implemented as BAPIs. BAPIs offer a stable, standardized interface for integrating third-party applications and components in the Business Framework. It is a well-defined interface providing access to processes and data of business application systems In the R/3 Enterprise version (4)7) we can use BAPI to create an internal order inside a customized ABAP program A BAPI is assigned to one and only one business object. An open architecture for cross-platform development of client/server applications based on object-oriented technology.
You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.
In Customizing for payment programs, where can you see which data is mandatory?
Please choose the correct answer Country data for the payment methods Company code data for the payment methods Paying company codes for payment transactions Bank account determination.
You want to use external number assignment for specific document types. What is the special feature of external number assignment?
Please choose the correct answer The number ranges can be used across all company codes The system issues the numbers automatically The numbers can be alphanumeric The number ranges can overlap.
when capturing an incoming payment manually, which date is part of the bank data section of the document?
Please choose the correct answer. document date posting date currency transaction date value date.
Consider the following sentences about the direct quotation, what is the correct option?
1) It is also known as price notation.
2) The currency value is expressed in units of the foreign currency per unit of local currency
3) For direct quotation, the prefix to indicate the rate is "/".
Please choose the correct answer. 2 3 1 None of them All of them.
Identify the main areas of the Implementation Roadmap from the items listed below?
There are 3 correct answers to this question. Roadmap structure Attachments area IMG area Viewing / Text area Accelerator area.
You set up a new account group. Which Customizing settings for vendors can you control directly in this account group?
There are 2 correct answers to this question The sensitive fields for dual control The company codes that can be used for the account group The One-Time Account checkbox The number range of master data accounts The fields that are available during posting to vendor accounts.
Which functions are provided by the Reclassify Payables/Receivables closing activity?
There are 2 correct answers to this question Regrouping and sorting of payables and receivables Credit check and rating of open items Automatic correction of bad debits or credits Adjustment postings for changed reconciliation accounts Open item analysis for liquidity forecast.
Since the line item display takes up additional system resources, you should only use it if there is no other way of looking at the line items. So, you should not activate the line item display for the following accounts ?
There are 4 correct answers to this question. Tax. P+L Statement Reconciliation. Material Stock. Revenue.
You want to use foreign currency valuation in the ledger solution. Which objects are required in Customizing?
There are 3 correct answers to this question account determinations accounting principles value adjustment keys reply addresses for balance confirmation valuation areas.
Which of the following business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer. One-time payment for fixing flooding damage Monthly rent payments for an office building One-time payment for one-year cloud storage service Monthly subscription to a financial newspaper.
The head of accounts receivable requires that all items posted to individual customer accounts are posted to their headquarters. Which function do you have to use to fulfill this requirement ?
Please choose the correct answer. Cash management group Single bank account Alternative payer/payee Head office and branch account.
Which tools reduce the amount of work involved I the maintenance of exchange rates?
There are 3 correct answers to this question conversion base currency average exchange rate exchange rate spread inversion.
which fields can be edited before a parked document is posted?
There are 3 correct answers to this question account company code posting date currency amount.
In which Customizing activity do you decide which special G/L transactions are to be paid automatically via the payment program ?
Please choose the correct answer. Set Up All Company Codes for Payment Transactions Set Up Paying Company Codes for Payment Transactions Set Up Payment Methods per Country for Payment Transactions Set Up Payment Methods per Company Code for Payment Transactions.
How does the SAP ERP ECC 6.0 wih new G/L accounting support real-time CO-FI integration?
Please choose the correct answer. the universal journal provides a common database table for both CO and FI postings a separate posting period interval specifically for the CO-FI postings is provided batch reconciliation postings are generated from the reconciliation ledger the controlling area can be configured wth one to one assignment to a company code.
What do you define when you configure a dunning procedure?
Please choose the correct answer Dunning levels and account determination to post dunning interest Dunning charges for each dunning level and customers to be dunned Dunning levels and the language of the dunning note Dunning levels and dunning charges for each dunning level.
it is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?
Please choose the correct answer document date and asset value date document date and posting date depreciation calculation start date and document date posting date and asset value date.
which elements do you need to enter during document posting to distinguish between international and local Generally Accepted Accounting Principles (GAAP)?
There are 2 correct answers to this question Account Groups for the Account Approach Ledger for the Ledger Approach Ledger Groups for the Ledger Approach Accounts for the Account Approach.
During period end closing, the G/L accounting clerk posted a document with an incorrect account assignment. The clerk discovered the problem immediately after posting and wants to know how to reverse the document so that it does not affect debit and credit balances.
Which reversal code does the clerk need to use?
Please choose the correct answer. actual reversal in current period reversal in current period actual reversal in closed period reversal in closed period.
What are the call-up points for validations in FI?
Please choose the correct answer. Document header, document type, and complete document Basic data section, detailed data section, and line item Document header, line item, and complete document Basic data section, line item, and complete document.
You have posted an incorrect amount in Financial Accounting. How can you correct this?
There are 2 correct answers to this question Change the amount in the posted document Delete the document Use a substitution to change the incorrect amount. Reverse the document by negative posting Reverse the document by normal reversal posting.
You are asked to set up the accounting structure to facilitate segment reporting based on the SAP standard segmentation scenario.
Which organizational unit can be used to derive the segment?
Please choose the correct answer Company code Business area Profit center Functional area.
Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual value adjustment?
There are 2 correct answers to this question Make a statistical flat-rate value adjustment posting for each period manually Create and dispatch a valuation run for each period during closing operations. Enter a value adjustment key in the customer master Make an individual value adjustment based on special G/L transaction.
Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check. How can you facilitate this requirement?
Please choose the correct answer. Use the payment term for checks Create an additional field in the coding block called Check. Use the payment method for checks Customize a line item report that filters data according to the text field, and instruct users to enter the word "Check" in the field when entering such payments.
Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?
Please choose the correct answer. It automatically creates the final invoice and clears down-payments against it It shows data in the appendix of the balance sheet. It automatically clears down-payment requests It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables.
Which steps are necessary to run a payment program?
There are 3 correct answers to this question. Start transfer of open items to the payment program Maintain parameters Configure open item list Start proposal run or payment run Schedule print.
The controlling department wants to see depreciation amounts on internal orders. Which customizing settings do you need to make in Asset Accounting?
there are 3 corrects answers to this question assign the field internal order to account determination Make the internal order an account assignment object for the depreciation run set the field internal order to required or optional in the screen layout enhance relevant transfer variants by adding the field internal order make the internal order an active assignment object.
Your chief accountant would like to display company-owned cars separately in the balance sheet. These cars were previously included in the asset class "factory and office equipment". What do you have to configure?
Please choose the correct answer. Create evaluation groups to subdivide all assets of the class Create a new asset class and a new account determination. Create a new asset class, but use the same account determination Create a new account determination, but no new asset class.
ASAP (Accelerated SAP) Roadmap is aimed at providing step-by-step direction and guidance throughout the project implementation. Please choose the correct order of the 5 Phases in the project implementation lifecycle?
Please choose the correct answer. 1) Project preparation, 2) Final preparation, 3) Business blueprint, 4) Realization, 5) Go Live & Support 1) Business blueprint, 2) Project preparation, 3) Final preparation, 4) Go Live & Support, 5) Realization 1) Business blueprint, 2) Project preparation, 3) Final preparation, 4) Realization, 5) Go Live & Support 1) Go Live & Support, 2) Project preparation, 3) Business blueprint, 4) Final preparation, 5) Realization 1) Project preparation, 2) Business blueprint, 3) Realization, 4) Final preparation, 5) Go Live & Support.
A customer payment was received. An open item does NOT exist for the payment. What option is available to the user?
Please choose the correct answer. partial payment residual item payment on account payment run.
for which purpose do you use report variables in report variants?
Please choose the correct answer. to save value fields across company codes to save date fields dynamically to save date fields as user-specific fields to save value fields as client-independent fields.
What happens when the debit balance check runs and a vendor is selected?
Please choose the correct answer. credits are paid and debits are blocked the payment run stops and needs to be restarted the vendor is blocked for this payment run the user is asked to change the parameters.
Which are the correct series of steps in the payment program?
Please choose the correct answer. Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters CD. Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run CD. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media. CD Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run CD. Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run CD.
When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied ?
There are 2 correct answers to this question. Create different FSVs based on the needs of the target group. Create different versions of the same FSV Create one FSV and enhance it with different sets of notes. Create one FSV, then save different variants based on the needs of the various groups.
At which level is the vendor account number (master record) assigned?
Please choose the correct answer At a combination of client and purchasing organization segment level At a combination of client and company code segment level At the company code segment level At the client level.
You want to use the same set of values for a specific criterion in several reports. What is the easiest way to accomplish this?
Please choose the correct answer Create a set containing the values and use it in all the reports Create a selection variable containing the values and use it in all the reports Enter the values, save them as a variant, and use this variant in all the reports. Create a D variable containing the values and use it in all the reports.
You configured new Asset Accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition, how many documents are created?
Please choose the correct answer 3 6 4 2.
Which object has to be used to avoid a change of the reconciliation account in the customer's master data?
Please choose the correct answer. The field status of the customer account group. The field status of the activity. The field status group of the reconciliation account. The field status of the posting key.
Which of the following functions are available in SAP Crystal Report Viewer?
There are 2 corrects answers to this question visualize posting interface develop data mash-up visualize transactions repost formatted data.
Which functions can you use to generate inter-company posting documents?
There are 2 correct answers to this question. Intercompany dunning Intercompany asset transfer Central currency valuation Central payment.
What happens at the goods receipt step of the reconciliation process?
Please choose the correct answer. an Fi document is generated. The invoice receipt account is debited and the vendor account is credited an MM document is generated. The material stock account is credited FI and MM are updated simultaneously. The material stock account is credited and the invoice receipt is debited FI and MM are updated simultaneously. The material stock account is debited and the invoice receipt is credited.
Which account assignment objects can be maintained directly in the asset master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L activated ?
There are 2 correct answers to this question. Segment Depreciation center Asset network Profit center.
Which of the following items can you assign directly to the asset master record on the Time-Dependent tab?
Please choose the correct answer. quantity useful life Evaluation group segment.
Identify the steps in the ASAP (Accelerated SAP) Methodology.
There are 5 correct answers to this question. Realization Final Preparation Business Blueprint Go Live & Support Project Preparation Roll out.
you have 50euro debit and 80 euro credit on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit indicator set.
How is this shown on the balance sheet?
Please choose the correct answer. 50 euro is shown on the assets side and 80 euro is shown on the liabilities side the balance is shown on the assets side. 50 euro is shown on the liabilities side and 80 euro is shown on the assets side the balance is shown on the liabilities side.
What do you define in Customizing for the payment program?
There are 2 correct answers to this question bank subaccounts forms for the payment media available amounts prerequisites for the debit balance check assignments for the profit center.
You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank.
All transactions with the bank are posted through the intermediate account. Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account?
There are 2 correct answers to this question. Post automatically only P&L statement account Open item management Reconciliation account for account type Bank Line item display.
Which of the following tax types does the SAP System support for calculating, posting, and correcting tax, as well as for tax reporting?
There are 3 correct answers to this question. Tax on sales & purchases Withholding Tax Additional Taxes Top-Up Tax.
A customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the features of segments and profit centers with him.
Which features can you highlight?
There are 3 correct answers to this question. Segments are derived from profit centers in the standard system You can assign the segment to the asset master record. You can assign the segment to the material master You can assign a segment to a cost accounting object such as a cost center or internal order. You can post in FI directly to a segment.
You entered a G/L account posting and received an error message which says that account type S is not allowed. Which object causes this error?
Please choose the correct answer. Currency key Field status variant Posting key Document type.
which activities does the regrouping program of receivables and payables support?
There are 2 correct answers to this question regrouping open items based on changed reconsolidation accounts grouping receivables and payables by their remaining life regrouping of receivables and payables to accrual earnings or expense regrouping and clearing open items for affiliated companies on customers and vendors.
What are the prerequisites for setting up cross-company cost accounting?
There are 2 correct answers to this question. The same variant for open periods is used for all company codes The same chart of accounts is used for all company codes The same currency is used for all company codes. The same fiscal year is used for all company codes.
What are the necessary elements required to create a customer-specific drilldown report for New General Ledger Accounting?
There are 2 correct answers to this question. Characteristics Variables A report header A form.
Which options are available to define the number range of a document?
There are 2 correct answers to this question. For every fiscal year Ledger group specific For every fiscal year variant Continuous.
in a customer master record, which key field for dunning is maintained on the client level?
Please choose the correct answer payment method communication – language payment terms dunning procedure.
You have been asked to showcase the "asset sale with customer" scenario in the next blueprint workshop meeting. What do you have to consider when posting an asset sale ?
There are 2 correct answers to this question. You must calculate and input the profit or loss from the asset sale in a separate line during posting. You must post the sale against an asset that has an acquisition You must specify the asset value date You must use posting key 75 (credit asset) and select the specific asset sale in the account field.
SAP Solution Manager provides support throughout the life cycle of solutions - which common usage scenario is missing from the list of usage scenarios below?
(Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions)
Please choose the correct answer Monitor Service Desk Manage Change Requests Implement SAP Services Link to Change Requests.
How do you implement parallel accounting in Asset Accounting?
Please choose the correct answer By using two depreciation areas By using an extra chart of accounts By using two asset classes By using two different charts of depreciation.
how can you avoid the creation of duplicate vendor master data?
Please choose the correct answer. execute the master data comparison reports RFKKAG00 and RFDKAG00 mark the VAT Registration Number in the field status group as required use match codes and activate the automatic duplication check mark the VAT Registration Number as a sensitive field.
Which objects can be assigned to an asset master record?
There are 3 correct answers to this question Profitability segment Internal order Profit center Cost center WBS element.
Which of the following task types are supported by the Closing Cockpit or Schedule Manager?
There are 3 correct answers to this question Notes (as a reminder or milestone) Programs with or without variant Spreadsheets Transactions Reconciliation keys.
You configure the available amounts for bank accounts. What happens to these available amounts during the payment run?
Please choose the correct answer They are set to zero. They are updated automatically They are not updated They are updated automatically, but have to be released by another user (dual control).
how does the system behave when an invoice is processed as a residual payment?
Please choose the correct answer. all documents remain in the account as open items the original document and payment are cleared the payment document is posted as a down payment the payment term of the original document is changed.
Special G/L transactions can be divided into which types?
There are 3 correct answers to this question Free offsetting entry Interest Noted item Automatic offsetting entry Value adjustment.
In the Data Entry view, what is the maximum number of line items in a single FI document?
Please choose the correct answer. 9999 999 Unlimited 99.
you are using the accounts approach to parallel valuation and classic Asset Accounting. You need to create a new financial statement version to keep track of the group valuation based on IFRS principles.
In asset accounting, what posting options can you choose for the new depreciation area?
There are 2 correct answers to this question Area posts APC and depreciation periodically area posts in real-time area posts APC only directly area posts APC directly and depreciation periodically.
what do you need to configure in order to create a correspondence type?
There are 2 correct answers to this question form tolerance group variables print program.
Your customer runs an SAP ERP system with New General Ledger Accounting activated. What do you need to do for Profit Center updates to be part of the general ledger?
Please choose the correct answer. Deactivate document splitting for profit centers Set up the same group currency for all company codes and profit centers Assign the Profit Center Update scenario to the ledger Activate transfer prices in Profit Center Accounting.
Which transactions in the procurement process with valuated goods receipt create documents in FI?
There are 2 correct answers to this question. Post valuated goods receipt Create purchase requisition Enter invoice receipt Create purchase order.
What is a SAP Business Object ?
Please choose the correct answer It is the instanced class of the Class Builder It is a sequence of dialog steps that are consistent in a business context and that belong together logically. It is composed of tables that are related in a business context, including the related application programs and it is maintained in the Class Repository. It is all the transaction data generated via transactions It is the representation of a central business object in the real world, such as an employee, sales order, purchase requisition, invoice and so on.
A customer wants to use document splitting to enable balance sheets by segments. How do you set up the document split?
There are 2 correct answers to this question Assign all document types to business transactions and business transaction variants. Define a non-leading ledger for the split documents Assign the splitting method to the transaction variant. Define splitting rules.
What is the typical sequence of steps in an ASAP roadmap?
Please choose the correct answer. Project Preparation -> Realization -> Business Blueprint -> Final Preparation -> Go Live and Support Project Preparation -> Final Preparation -> Business Blueprint -> Realization -> Go Live and Support Business Blueprint -> Project Preparation -> Final Preparation -> Realization -> Go Live and Support Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live and Support.
What are the advantages of the Payment Medium Workbench (PMW)?
There are 3 correct answers to this question. It can be used to create new payment formats It can be used to change payment formats without modifying the programs It automatically creates direct debits It provides a uniform set of functions for all kinds of payment methods. It activates the automatic import of settings related to changes in payment transaction laws.
Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for New General Ledger Accounting activated ?
Please choose the correct answer Segment Reorganization Profit Center Update Scenario Profit Center Reorganization Segment Reporting.
While posting a G/L document, two different field statuses (for the posting key and the G/L account) have an impact on the posting.
What happens if one field status is set to Required Entry and the other one to Hidden Entry ?
Please choose the correct answer. The document can be posted anyway The field will be hidden The field will be available for entry An error message will occur.
You want to post an invoice from vendor. The vendor has specified an alternative
payee. The alternative payee is not a vendor or customer in your system.
Which of the following functions enables you to capture the data when processing
the invoice? Clearing with vendor Partner bank account Decentralized processing Individual specifications.
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