sap fi 91-131

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Title of test:
sap fi 91-131

Description:
sap fi test 91-131

Author:
Hanif Hamdani
(Other tests from this author)

Creation Date:
27/06/2018

Category:
Science
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In a payment run, the data entered for a payment method in the document may differ from the master data. How does the system resolve this? The payment run temporarily stop, and the system prompts you to correct the data. After you have corrected the data, the payment rum continues. The Payment run stops and the system issues an error massage. Master date overrides documents data. Documents data overrides master data.
Your customer is running an SAP ERP System with the New General Ledger Accounting activated. All scenarios, but no customer field, are assigned to the leading ledger.Which objects in the totals table (FAGLFLEXT) can be evaluated with drilldown reports? Segments, Profit center, Cost centers, business area, functional areas. Profit center, cost centers, business area, functional areas, divisions. Business areas, functional areas, segments, profit center, user IDs Cost centers, business areas, functional areas, segments, tax codes.
What are prerequisites for setting up cross-company code cost accounting? (Choose two) The same fiscal Year variant is used for all company codes. The same currency is used for all Company codes. The same variant for open periods is used for all company codes. The same chart of accounts is used for all company codes.
You post a G/L document. For the text field, the status of the posting key is set to Required Entry and the field status of the G/L account is set to hidden entry? What happens during posting? The document is posted. A warning message is shown. An error message is shown. The text field is hidden.
Which steps are necessary to run a payment program? There are 3 correct answers to this question. Start proposal run or payment run Start transfer of open items to the payment program Schedule print Configure open item list Maintain parameters.
In the New General Ledger Accounting, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area? Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes. Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years. Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years. Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.
A customer wants to use document splitting to enable balance sheets by segments. How do you set up the document split? Assign the splitting method to the transaction variant. Define a non-leading ledger for the split documents. Assign all documents types to business transactions and business transaction variants. Define splitting rules.
What characteristics are configured as standard for every customer/vendor account? There are 2 correct answers to this question. Company Code. Line Item Display. Currency. Open Item Management. Purchasing Organization.
Which of the following are interactive functions available in the SAP List Viewer? There are 3 correct answers to this question. Dual control Sorting Master data modification Summation Filters.
To which organizational unit can you assign your validation and substitution? Please choose the correct answer. business area company code segment profit center.
Your customer has two company codes in the same client. Each company code has a different operational chart of accounts. The customer has a country-specific chart of accounts for each company code. How does this influence how you create customer master records? Please choose the correct answer. You have to create one master record for each customer. You have to create customer master records for each country-specific chart of accounts. You have to create customer master records for each credit control area. You have to create customer master records for each chart of accounts.
Which of the following are the main components of a drilldown reports? Characteristics and key figures Characteristics and variable Variable and general selection criteria. Variable and key figures.
Which of the following objects can be used to derivate segments automatically? Cost center Functional area Profit center G/L account.
Your customer has two company codes in the same client. Each company code has a different operational chart of accounts. The customer has a country-specific chart of accounts for each company code. How does this influence how you create customer master records? Please choose the correct answer. You have to create one master record for each customer. You have to create customer master records for each country-specific chart of accounts. You have to create customer master records for each credit control area. You have to create customer master records for each chart of accounts.
Which of the following activities generates an FI documents if real-time integration between CO and FI has been set up? A test run for the settlement run of an asset under construction to a G/L account. A subsequent change of a segment in a CO document. An assessment between cost centers in one company code with different function areas. An assessment between cost centers that belong to two difference company codes A distribution between cost centers that reside in two different controlling areas.
A company uses different terms of payment. What can you define for these terms of payment? There are 3 correct answers to this question. Baseline date for due date calculation Cash discount periods Interest calculation Cash discount percentage rates Cash flow calculation.
Which line item field is filled automatically by the sort key field of a master record (G/L account, customer, or vendor)? Item text Assignment Amount in document currency Number of the invoice to which the transaction belongs.
The head of accounts receivable requires that all items posted to individual customer accounts are posted to their headquarters. Which function do you have to use to fulfill this requirement? Head office and branch account. Single bank account. Alternative payer / payee. Cash management group.
For reports in Asset Accounting, which object do you have to use and, where necessary, customize to determine the sort level and/or the summation level ? Please choose the correct answer. Depreciation area Sort variant Sort key Valuation area.
Consider the following statements, Which of the following statements are true? 1) Accounts with open item management must have line item display activated. 2) You can activate or deactivate open item management everytime, even if the account hasn't a zero balance. 3) You can select both local and foreign currencies as account currency. 4) If the account is the local currency, the account can only be posted to this currency. 5) When using the "Only Balances in Local Currency" indicator in the master data record, transaction figures are only managed for amounts translated into local currency. 3 4 2 1 5.
Which functions can be used to generate inter-company posting documents? There are 2 correct answers to this question. Central currency valuation Central cash journal Central procurement Central payment.
Your company currently uses internal number ranges for documents. You are rolling your system in a new country. It is a legal requirement in this country to have external document numbering on vendor invoices (currently document type KR). You have copied the number ranges from the existing company code to the new company code. Which Customizing setting do you have to make to meet this requirement and have a minimal effect on the excising system configuration? Mark a new document number range as external and assign it to the document type KR. Create a new external document type and assign the number range 51 to the new document type. Create a new document type and new external number range interval as external. Assign the new number range to the new document type Mark existing number range interval 51 as external for the new company code.
What do you define when you configure a dunning procedure? Please choose the correct answer. Dunning levels and account determination to post dunning interest Dunning levels and dunning charges for each dunning level Dunning charges for each dunning level and customers to be dunned Dunning levels and the language of the dunning note.
Which of the following task types are supported by the Closing Cockpit or Schedule Manager? (Choose three) Spreadsheets Transactions Reconciliation Keys Programs with or without variant. Notes.
Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display. What do you recommend? Activate the line item Display flag in the financial statement version. Use a drilldown report. Use the standard Financial Statements (RFBILA00) report. Run a line item report.
Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two) Enables the use of a task list covering all closing activities. It optimizes legacy data transfer. It closes the posting period automatically on the last day of the period. It provides complete documentation of the activities performed during period-end closing.
What additional options does parking documents offer compared to holding documents ? There are 2 correct answers to this question. A parked document can be changed and posted by another user, thereby supporting the principle of dual control. A parked document can be posted using a workflow. A parked document can be posted cross-client to minimize the Total Cost of Ownership (TCO). A parked document can be posted via automatic speech recognition.
What do you need to configure in order to create a correspondence type? Note: there are 2 correct answers to this question form print program variables tolerance group.
Your customer wants to perform their year-end closing activities. Which of the following activities are mandatory to close the books? There are 2 correct answers to this question. Run planning and budgeting. Run fiscal year change in Asset Accounting. Run balance sheet open item analysis. Run the carryforward.
Your customer's accounting department informs you that the company issues checks. They need to easily differentiate payments made by check. How can you facilitate this requirement? Create an additional field in the coding block called Check. Use the payment method for checks. C Use the payment term for checks. Customizing a line item report that filters data according to the text field, and instruct user to enter the word "check" in the field when entering such payments.
Your company code is set up to post three ledgers representing separate accounting principles. Each ledger is assigned to the local currency and the group currency and the group currency. You want to configure new Asset Accounting. What is the minimum number of depreciation areas required? Please choose the correct answer. 6 1 9 3.
for which purpose do you use report variables in report variants? Please choose the correct answer. to save date fields as user-specific fields to save value fields as client-independent fields to save value fields across company codes to save date fields dynamically.
A customer wants to use segment reporting on balance sheet and P/L accounts. Which business function do you recommended? Special Purpose Ledger. Profitability Analysis New General Ledger Accounting. Profit Centre Accounting.
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments? Which Customizing settings do you need to make? Define a retained earnings account. Define two retained earnings accounts and assign them to your P&L accounts. Assign the Segment Reporting scenario to your leading ledger. Activate cost of sales accounting.
Which information is updated on the invoice when posting a complete payment? Note: there are 2 correct answers to this question. Clearing document number Clearing date Clearing account Clearing currency.
Your company uses only book depreciation and you activate the new depreciation engine. The book depreciation key Z010 curently used by an asset should be changed to Z020. The asset depreciation started two years ago, and depreciation for the current year has already been posted for the months of January, February, and March (monthly depreciation run). The change should take effect from April 1st.How can you implement this change? There are 2 correct answers to this question. Create a new asset referencing the asset you want to change. On the Depreciation Areas screen, select depreciation key Z020. Then post an asset transfer from the existing asset to the new asset. Call the Depreciation Areas screen in the asset master and assign the key Z020 with validity start date of April 1st. Call the Depreciation Areas screen in the asset master and change the depreciation key from Z010 to Z020. Also change the ordinary depreciation start date to April 1st. Undo the depreciation postings for the asset in the current year. Then call the Depreciation Areas screen in the asset master and change the key from Z010 to Z020.
Your customer sells products and services. They have separate the invoice into invoices for products and invoices for services. Which object do you have to use to create dunning notices dependent on the division (products service)? Separate dunning runs Dunning areas Dunning block reasons. Dunning keys.
How does SAP support impairment posting? Please choose the correct answer. By using worklists By using special depreciation keys By using Segment Reporting By using new transaction codes for retirements.
A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use one operational chart of account for all companies. How can you fulfill this country-specific requirement ? Please choose the correct answer. Create a group chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the regular chart of accounts. Create a country-specific chart of accounts and assign it to the group chart of accounts.
Which of the following describe characteristics of master data? (Choose two) Master data is used on a long-term basis for multiple business processes. Master data is typically assigned to organization levels. Master data must be assigned on company code level. Master data con not be changed after creation. Master data is a template for transaction data.
A Customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the feature of segments and profit center with him. Which feature can you highlight? (Choose three) You can assign the segment to the asset master record. You can assign a segment to a cost accounting object such as a cost center or internal order. Segments are derived from profit centers in the standard system. You can assign the segment to the material mast You can post in FI directly to a segment.
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