ERASED TEST, YOU MAY BE INTERESTED ON
S4515 - Invoice Verification in SAP S4HANA
COMMENTS |
STATISTICS |
RECORDS
|
|---|
TAKE THE TEST
|
Title of test:
S4515 - Invoice Verification in SAP S4HANA Description: S4515 - Invoice Verification in SAP S4HANA Author:
Creation Date: 22/04/2020 Category: Others Number of questions: 37 |
Share the Test:
New Comment
No comments about this test.
Content:
|
The total value in the material master needs to be updated with a goods receipt (GR) posting. What should not be contained in a purchase order (PO) item? Account assignment category Material with standard price S Material with price control V Item category K (consignment). Which indicator should you specify in the Price Control field to indicate the moving average price? V MA S M. Which of the following functions are not available in the invoice verification transaction MIRO? Table control Hold Message log Personal settings. You are using purchase order (PO)-based invoice verification. Your PO has two items for the same material. There are four goods receipts (GRs) posted for the first item and three GRs posted for the second item. What will the item list look like if you want to post the invoice for this PO, but do not yet have an existing invoice? A line appears showing the total of all seven items. A line appears showing the total of all GRs in the first item and another line appears displaying the total of GRs for the second item. A line appears for each GR posting. The items posted on the same day are grouped together. A line appears for each GR. What are the consequences when you hold a document? An accounting document is created. The system updates the purchase order (PO) history. A materials management (MM) invoice document is created. The existence of the vendor is checked. Under what circumstances should you not make a prepayment? The vendor has long-term business with the company. The cash discount base amount is the same as the tax base amount. The invoice includes American tax jurisdiction code. The plant has an active material ledger. In a Release and Post workflow, the invoice verification clerk, who is responsible for making changes to the document, can post an invoice document. True False. The terms of payment, 14 days 3% cash discount or 30 days net price, are flagged in an invoice. There is no default data from the purchase order (PO). How would you enter the terms of payment? Go to the vendor master record and enter the terms of payment there. After you have saved the data, it is automatically copied to the current invoice. Enter a key manually for the terms of payment and determine the baseline date for payment. Enter 14 days and 3% in the first line on the Payment tab page, leave the second one blank, and enter 30 days net price in the third line. Complete the terms of payment in the PO and create a new invoice. The system proposes the terms of payment from the PO automatically. Which exchange rate is used to convert invoices into a foreign currency? If the exchange rate is fixed in the purchase order (PO), that rate is used. The exchange rate on the day the PO was created is used. The fixing indicator is irrelevant. If the exchange rate is not fixed in the PO, the exchange rate from the day the invoice was entered is used. If the exchange rate is not fixed in the PO, the conversion is carried out using the average exchange rate from the date on the PO and from the current day. You post an invoice with reference to a blanket purchase order (PO). Which of the following statements apply? The goods receipt/invoice receipt (GR/IR) clearing account is credited. A posting is made to the consumption account. The system proposes the amount resulting from the difference between the overall limit and the actual value. If the blanket item contains account assignment data, it will be suggested. For which of these variances can you store tolerance limits either in customizing or in the corresponding document? Amounts for items without reference to a purchase order (PO) Time limits in the blanket PO Variance from the moving average price (MAP) Variances from the moving average price (MAP) material valuation Variances from the standard price material valuation. An invoice can be blocked depending on the quality inspection of any materials it contains. Which of the following statements apply in this case? The invoice is blocked automatically when the goods receipt (GR) is posted as stock in quality inspection, but not yet transferred to unrestricted-use stock at the time of invoice verification. Quality management (QM) procurement must be active for the relevant material. An invoice block occurs, if an inspection lot was not released at the time of invoice verification. For PO-based invoice verification, the system blocks an invoice if there is a lot inspection from a previous delivery that was not released in the relevant purchase order item. If you set an upper and lower tolerance limit for blocking invoices in the system, and if the variance exceeds the upper limit, the system issues a warning message without blocking the invoice. True False. Which of the following requires particular attention when dealing with invoice reductions? Select the checkbox for invoice reduction in the item line. Enter the invoice reduction document type manually. Ensure that a collective invoice document is created, with the reductions deducted from the original amount. Ensure that two accounting documents, an invoice and a credit memo, are created. The system allows you to partially reduce an invoice by accepting the price or quantity variance. True False. Which of the following statements about vendor-specific tolerance are applicable? Vendor-specific tolerances are maintained in the purchasing data in the vendor master record. In the total-based invoice reduction, it is not necessary to search for the error in the item list. Any small differences, which are specified for a tolerance key entered in the vendor master record, are posted to a separate general ledger (G/L) account. If the difference is larger than the defined tolerance for total-based invoice reduction, the invoice cannot be posted. In which of the following situations can you release an invoice automatically? Today is the delivery date of a purchase order (PO) and the delivery was posted five days ago. There was a manual payment block that has since been cancelled. The block occurred due to a quantity variance. The difference quantity has since been delivered. The block occurred due to a quantity variance. In the meantime, a credit memo for the difference quantity has been posted. When you have deleted all your individual blocking reasons and saved your changes, the system releases the invoice for payment. True False. When should you perform subsequent debit in transaction MIRO? The system posts an invoice for 97 pieces. Subsequently, three pieces are invoiced again, as the goods receipt (GR) check has discovered that the quantity shown in the delivery note has been exceeded by three pieces. The gold price was too low in an invoice for gold-plated parts. A second invoice is created to invoice the difference. One part has been inspected and found to be faulty but can still be partially used. The vendor sends us a credit memo for 10% of the original invoice amount. In the payment, the cash discount has been deducted, even though the cash discount period has expired. The vendor demands the cash discount back. Which one of the following statements is correct with respect to delivery costs? Planned delivery costs can be posted only after at least one invoice for goods or services items are posted. Planned delivery cost can include the revised material cost sent by the vendor in a subsequent invoice. If the planned delivery costs are freight costs and there is a vendor for freight in the condition details included in the document, the system automatically suggests it as an invoicing party. Unplanned delivery costs are always apportioned on the basis of values in the current invoice document. Unplanned delivery costs are those that were agreed upon in the purchase order (PO) and are entered upon invoice receipt (IR). True False. What should you pay attention to when you want to enter an invoice without reference to a purchase order (PO) in Logistics Invoice Verification? The G/L account tab page and the Material tab page should not be hidden by Customizing. The vendor cannot be a one-time vendor. The currency must always be entered manually. The terms of payment are not determined from the purchasing data. They are determined from the accounting data in the vendor master record. You set up the system to post to material stock accounts if amounts are settled for freight costs, but you do not want to add these amounts to the material or cost accounts for the invoice items. True False. Which statements regarding credit memos are applicable? Credit memos must contain the same terms of payment as the original invoice. You can only enter credit memos for complete items. The differences in credit memos for partial quantities first have to be corrected using a reversal posting. You can also enter credit memos for blocked invoices. If you cancel an invoice, the system automatically generates a credit memo. You cannot reverse a reversal document. True False. Which of the following statements about invoice verification in the background are applicable? The Customizing settings for invoice verification in the background can be made separately but to the same extent as the Customizing settings for online invoice verification. In invoice verification in the background, only the difference for the complete document is determined. An item-related verification is not made. Incorrect items from the settlement program must always be manually verified to the end. Invoices processed in the background can be posted but blocked for payment if the invoice was posted before the delivery date of the order. An invoice verified as incorrect by the background verification process can be set to automatic posting. True False. Which of the following points must be fulfilled in order to apply the evaluated receipt settlement (ERS) to a purchase order (PO) item? The checkbox for ERS must be selected in the document item. A tax code must be maintained for the document item. The No ERS checkbox must not be selected in the info record. The terms of payment of the vendor (to whom the settlement must be made) must be maintained in the vendor’s master record. In vendor consignment, when the vendor first delivers the goods to your warehouse, the delivery is settled. True False. In EDI processing of invoices, what does processing type 2 indicate? The invoice document is posted with the values determined by the system. The invoice document is posted using invoice data. The invoice document is saved with the values proposed by the system and the values contained in the electronic data interchange (EDI) invoice. The invoice document is posted depending on the positive small difference configured in vendor-specific tolerances. Which of the following leads to differences on the goods receipt/invoice receipt (GR/IR) clearing account? A vendor waives the charges for a purchase order (PO) item because the delivery was executed as a free of charge sample delivery. A price variance is posted at IR. The GR is posted as non-valuated. Of the 100 pieces of material returned to the vendor, only 98 were credited to the vendor’s account because two pieces were damaged in transit. Which information is used to check for duplicate invoices? Company code Purchasing organization Reference Invoice date Account assignment data for invoices to purchase order (PO) items with account assignment. Which verifications can be entered in user-specific tolerance group values? Upper limit for each document Upper limit for each document item Cash discount for each document item Total-based acceptance of small differences. You can enter partial invoices for service purchase orders (POs). True False. Service-based invoice verification enables you to enter invoice items only according to the service entry sheet. True False. In ERP 6.0 enhancement package 3, you can use plan down payments and security retentions in purchase orders (POs). True False. Which one of the following message numbers conveys that payments to a partner are not allowed for the purchase order (PO)? M8 776 M8 705 M8 777 M8 778. |
Report abuse