During closing, two period intervals must be open at the same time. True False. Posting periods are defined in the fiscal year variant. True False. You can have as many posting periods open as desired. True False. Several company codes can not use the same posting period variant for all the company codes. True False. Tick predifined Account Types. S D K A M. The posting period variant must contain at least the account type _____ + S - D A. At the line item level, the system checks the account type of the posting key to ensure that the period is open for the assigned account type. True False. The account interval do not contain G/L accounts. False True. The system automatically determines the posting period and fiscal year based on the posting date entered. True False. In the document overview _______ displayed. Posting Date Posting Period Fiscal Year. No more than two periods can be open at the same time. False True. Tolerance groups are created at ____________. Client Level Company Code Level Chart of Accounts Level. Tolerance group is a variant principle. True False. The maximum amounts are defined per company code in "tolerance groups." True False. In tolerance groups you can enter upper limits for the following: Total amount per document Amount per customer/vendor item Cash discount a user with this tolerance group is able to grant. The Tolerance group currency is the local currency of the company code. True False. You can not create as many tolerance groups as you like. True False. Every company code have 1 tolerance group that is "_____". (Blank) True False. After entering the data and prior to posting, you could change the company code, and view complex posting environment. True False. Some features that are available to you while entering the document include: Copying the line items; Park, Post or hold the document; Accessing the complex posting screen. If you do not define a document type, the system proposes any document type. True False. Field status group control the field display during document entry. True False. You can not copy line items. True False. At the top of the screen, you can select from Park, Post, or Hold, to complete the document entry transaction even though balance is not zero. True False. You can not enter an explanatory text for the line item. True False.
