TFIN50_1 POSTING CONTROL

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.