Which business partner categories does the system support? (There are three correct answers.) Group Agency Person Organization Public sector.
You’ve mistakenly created your business partner with the wrong business partner category. You’ve saved the data but haven’t made any postings. What can you do to correct this? Change the setting directly in the business partner master record. Contact the system administrator to change the table entry in the backend. Create a new business partner using the correct category. Delete the company code assignment for the business partner, correct the category, and reassign the company code.
True or False: After assigning a role to the business partner and saving your data, you’re no longer able to remove the role assigned. True False.
True or False: The business partner role grouping is where you assign the business partner number range. True False.
You’re configuring a new SAP S/4HANA system. What are your options for defining the number range assignments for business partners? The supplier drives the number range used. The customer drives the number range used. The business partner drives the number range used. Whichever account is created first drives the number range used.
Which business partner objects can you define field statuses for? (There are two correct answers.) Account group Client Role Type.
Which field cannot be changed during document posting for the one-time customer? Customer Number Customer Name Customer Industry Customer Country.
True or False: Bank details for a business partner are part of the general business partner role. True False.
Which field in the business partner master can you configure so that the document reference is transferred to the line item? Assignment Reference Line Item Text Sort Key.
A business partner is both a customer and a supplier. The customer has a sizable open amount unpaid. You want to make sure that the payment program posts no outgoing payments to the business partner until he has paid part of the outstanding amount. How can you do this? Assign an overall payment block in the general business partner role details. Assign a central purchasing block in the general business partner role details. Assign a payment block in the customer business partner role details. Assign a payment block in the supplier business partner role details.
What can you achieve by using the head office/branch scenario? Settings changed for the head office master record will be transferred to the branch account. Postings made to the head office also can be paid to the branch account. Invoices posted to the branch become open items for the head office Correspondence and dunning letters are printed and sent to both the branch and the head office.
Which configuration can you use to define separate payment terms for the same terms of payment key? Day limit Company code Country Installment payment.
You’ve agreed to terms of payment with a business partner that is a customer and a supplier. The same terms are to be used both ways (incoming and outgoing). You’ve defined a new terms of payment key, but when trying to update the supplier business partner role, you don’t find the payment term available to select. What must you do? Create a new payment term for the supplier business partner role. Enter the payment term manually during invoicing. Maintain the account type in the terms of payment. Change the field status of the business partner role to make the payment terms an optional field.
You’ve negotiated payment terms that include three installment paymentswith your customer. How many terms of payment must you define? 1 2 3 4.
What does assigning a screen variant during document entry do? It defaults values for fields in the document line item. It changes the fields that are ready for entry in the document header. It changes the fields that are ready for entry in the line items. It defaults values for fields in the document header.
When setting up the system, you want to maintain default values for users of a company code. Which application do you use? User Maintenance Maintain User Profile Default Values (SAP Fiori).
Your customer doesn’t want to implement profitability analysis, not even account-based, because the company doesn’t understand its value. Which argument would you use to persuade the customer? Profit and loss statements can be analyzed by sales-specific characteristics. Balance sheets can be analyzed by sales-specific characteristics. Sales orders can be forecasted as liquidity items in cash flow reports. Down payment integration can be performed with sales and distribution.
What can you enter in the header section of the Post Outgoing Payments app? (There are three correct answers.) Value date Bank fees Discount amount Customer Payment terms.
You receive a payment for an invoice that is smaller than the owed amount. How can you manage payment differences in the Post Incoming Payments app? (There are two correct answers.) Partial payment Residual item Change due date Reject payment.
When a payment in foreign currency clears the amount of the invoice exactly in the foreign currency but in the local currency is more than the invoiced amount, what does the system do? Post to profit from exchange rate differences. Leave the amount as an open item to be reconciled with open amounts in the future. Return the difference back to the customer. Adjust the local currency amount to clear the invoice exactly.
What is the correct order of steps when configuring the payment programs? All company codes, paying company codes, payment methods in country, payment methods in company code, bank determination All company codes, payment methods in country, paying company codes, payment methods in company code, bank determination All company codes, bank determination, paying company codes, payment methods in country, payment methods in company code.
In the payment method settings for the company code, what options do you have for payment optimization? (There are two correct answers.) Optimization by due date Optimization by discount Optimization by bank group Optimization by postal code.
What can you change for items that are in the exceptions list of the payment proposal? (There are three correct answers.) Payment block Payment term Payment method Bank selection Reason code.
On what level do you assign dunning areas? Client Company code Functional area Segment.
When assigning dunning charges to a dunning procedure, what options do you have? (There are two correct answers.) To assign a fixed amount without assigning a dunning charge percentage. To assign a fixed amount and a percentage. The system posts the larger amount. To assign a fixed amount and a percentage. The system posts the smaller of the two amounts. To assign a dunning charge percentage without assigning a fixed amount.
True or False: You can assign correspondence types directly to a payment difference reason code. True False.
True or False: You can change all delivered special general ledger indicators and assign your own to business processes. True False.
At which point is the down payment request created in the integrated down payment process with purchasing? Purchase requisition Purchase order Goods receipt Invoice verification.
True or False: The special general ledger indicator is the only way to post to a customer or supplier using a different reconciliation account. True False.
Which KPIs can you find on the accounts payable overview page? (There are two correct answers.) Day sales outstanding Cash discount utilization Aging analysis Collection effectiveness index.