Cert 20 Flashcards
(20 cards)
- With the automatic clearing program, a user can clear open items for which of the following items? (2)
a. GENERAL ledger
b. SUBLEDGER accounts
- How does an automatic intercompany asset transfer work?
a. It assumes that the transfer happens between TWO independent legal entities
- Which field status has the lowest priority (G/L accounts)?
a. OPTIONAL entry
- To reduce the load on the system, what should you do with the older documents that exist in the database
a. ARCHIVE and delete
- In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP? (2)
a. Net book VALUE
b. DEPRECIATION start date
- You use the lowest-value valuation method with active delta logic. Your open item was posted at 200 units of foreign currency, which originally translated to 100 units of local currency, and in the previous period it was 98 units. In the preceding foreign currency valuation run, the program posted a value of -1 currency units. What was the value in local currency units at the time of valuation?
97
- Which activities can you perform with a recurring journal entry? (2)
a. CREATE monthly postings on any date of a month
b. OBTAIN an overview of related future postings
- What do you define for a tax code? (2)
a. Valid tax TYPES
b. Tax percentage RATES
- How does SAP S/4HANA support the treatment of taxes? (3)
a. It checks the tax amount entered and AUTOMATICALLY CALCULATES THE TAX
b. It performs tax adjustments for CASH DISCOUNTS and other forms of deductions
c. It POSTS the tax amount to tax accounts
- What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? (3)
a. Upgrade INTERVALS
b. Data MODEL
c. Configuration SCOPE
- Which stage of the sales process creates documents for both Materials Management and Financial Accounting?
a. Shipping – GOODS ISSUE
- You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?
a. The balance of the new account is added to the NON-ASSIGNED section and is EXCLUDED from the calculation
- Which entries do you define when maintaining a G/L account? (3)
a. Account TYPE
b. Field status GROUP
c. Account GROUP
- To use the SAP Financial Closing cockpit, which steps are required? (3)
a. Create a TEMPLATE
b. Define task DEPENDENCIES
c. RELEASE the task list
- Which document splitting setting for the segment characteristic will ensure that no document line will be posted without a segment
a. MANDATORY field
- Which data sections are part of every asset class (2)
a. DEPRECIATION data section
b. MASTER data section
- What can you control with the reason code in Accounts Receivable? (3)
a. The type of PAYMENT NOTICE sent to a customer
b. The account where a RESIDUAL item is posted
c. The exclusion of disputed RESIDUAL items from credit limit checks
- For which of the following transactions can you use noted items
a. Down payment REQUEST
- A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose?
a. The one assigned to the tolerance GROUP
- Which field cannot be changed during document posting for the one-time customer
a. Customer Country
