A finacial account document sometimes has two views in a general ledger accounting True False.
Displaying a document in the entry view and general ledger view is defined in the new G/L accounting and can be switched on or off using customizing False True.
In the stardard system, new general ledger accounting offers the fallowing for Characteristic: analisys under the company code, such a segment reporting True False.
Document splitting is initially activated in customazing across all clients True FAlse.
Chose Passive Document Splitting step description: During clearing (e.g. during a payment) the account assignments of the items to be cleared are transferred to the clearing items. this step is not customer-specific The system processes a specific doucment split due to splitting rules.
Match the three (simplified) step or divide the document splitting process Pasive Document Splitting Active Document Splitting Creating clearing lines/zero balance for each financial statement characterisitic (and doument).
Select Standard splitting charaterisitics Business area Profit center Segment Controlling area.
Using the editing options, you can configure your screens for the fallowings areas: Receipt Entry Docuement display Open Items All.
Which of them are Modifiable fields in header: Document header text Reference Business area Cost Center.
We can change fileds in a Document if: Posting peiord is open Line Item is cleared invoce-related credit memo No credit memo from down payment.
A Document can be reversed by: Normal reversal posting Negative posting none.
The followings prerequisites must be fulfilled to enable Normal reversal posting: The company code permits negative postings The reversal reason must be defined for negative reversal None.
Credit memos can be linked to invoices to ensure that invoices and credit memos are due on the same date True False.
The day limits define de dates of the cash discount periods False True.
Every installment plan mus have its own terms of payment True False.
"Terms of Payment" is a field in the ______ and _____ segment of the customer master record.
Terms of payment are conditions agreed between business partners for the payment of invoices. True False.
If you have entered terms of payment in the master records, you can no longer enter or change them during processing False True.
The posting date is the date than the system uses to determine the due date of the invoice False True.
Steps for divide the document splitting process During claring Active (rule-Based) Document Splitting Creating clearing lines/zero balance for each financial statement characteriistic (and doucment) None.
Credit memos can be linked to invoices to ensure that invoices and credit memos are due on the same date True False.
Which cash discount accounts are used in the net procedure? Cash discount clearing account Cash discount loss account Cash discount revenues account Cash discount expenses account.
Which cash discount accounts are used in the gross procedure? Cash discount clearing account Cash discount loss account Cash discount revenue account Cash discount expense account.
Which cash discount accounts are used in the net procedure? Cash discount clearing account Cash discount loss account Cash discount revenue account Cash discount expense account.
The terms of payment are used to define: Baseline date for due date calcultation Cash discount periods Cash discount percentage rate Payment method.
You can enter terms of payment in the company code segment, the sales area segment and the purchasing organization segment of a customer/vendor master record True False.
If a customer invoice is created Sales order Management, the terms of payment from the purchasing organization segment are defaulted False True.
The values from which the baseline date can be determined are: No default Document date Posting date Entry date Default day.
We can define the accounts for cash discount expense or cash discount revenue in the Vendor/Customer Master Records False True.
The cash discount clearing account must be managed on a open item basis True False.
Which of them are possibles taxation types Federal/country level State/juridisctional level US sales tax Tax on sales and purchases Withholding tax All.
The system provides support for: Net/Gross amount Calculate tax amount Posting to defined tax accounts Performing tax adjustments Tax reporting.
You enter de tax code when you post the document an this is the main connection to the tax calculation True False.
What data is required for the automatic account determination for tax amounts? Rules Posting Key Tax account Tax code.
A cross-company code transaction involves at least two documents True False.
Cross-company code document may be reversed via negative posting or Normal reversal posting False True.
The tax calculated is always posted to the company code of the firs item. therefore, to ensure that the tax is posted to the same company code as the invoices, the invoice item must always be enterd first. True False.
Certain countries' tax regulations (for example, in Japan and Denmark) Require that the tax amounts are posted in the company codes in wich the expenses occurred. therefore, the tax must be distributed from the first coimpany code to the another company codes according to their expense amount. You can do this using report RFBUST10 True False.
Tax amounts of a cross- company code transaction are automatically distributed to the company codes in which the expenses/revenues occurred. False True.
Cross-company code clearing accounts must be G/L accounts False True.
The company codes of a cross-company code transaction can have different local currencies Yes No.
Are the components the system uses to create the cross-company code transaction number Document number in the first cocmpany code Document number in the first and second company code The fisrt copany code number Fiscal Year Period.
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