If you do not receive payments from your customers by the net due date, you need to check whether you should send dunning notices. True False.
You can not formulate the first dunning notice as a friendly reminder. If your customer still fails to pay, you may not want to formulate the next notice more strongly. True False.
Which four steps of the dunning process in the SAP system are as follows: Maintain the parameters Schedule the dunning run Execute Debit Check Change the dunning proposal Start the dunning printout.
By entering parameters in the dunning program, you can not specify how it runs. Even you can not copy the parameters from an existing dunning run and adjust the dates as necessary. False True.
During the dunning run, the dunning program chooses the accounts and checks them for overdue items. Then, the dunning program calculates the dunning level based on the number of days True False.
Open items are in arrears and checks whether a payment reminder or a dunning notice (to remind business partners of their outstanding debts) needs to be sent. All the dunning data is saved in one dunning proposal. True False.
You can not edit, delete, and recreate the dunning proposal as often as you need until the accounting clerk is satisfied with the result. True False.
Dunning notices are printed and dunning data is updated in the master records and associated documents in just one step. True False.
After the dunning run is complete, you can not print the dunning notices immediately without changing the dunning proposal. True False.
In Dunning Program, you need to maintain the dunning data in the customer and vendor master records. In addition, you need to maintain data at the financial document level. True False.
Each account segment consists of several pages with different group of fields. The following are the key fields for dunning at the client and company code level in a customer or vendor master record: Address details Communication – Language Payment terms Payment methods Dunn. procedure Dunning block Last dunned Dunning level Dunning clerk Dunning area (if dunning areas are used) .
Which of the Key Fields in the Customer and Vendor Master Records at General Segment: Address Control Data Payment Transactions Text Account Management.
Which of the Key Fields in the Customer and Vendor Master Records at Company Code Segment: Address Account Management Payment Transactions Correspondence Insurance Withholding Tax Text.
The country key contains the information the system uses to check entries such as the length of the postal code or the bank account number. True False.
You can not create dunning in the language of the customer. To do this, you have to engage a third party to translate the form stored in the system into this language. True False.
You specify the key for defining payment terms composed of cash discount percentages and payment periods. True False.
If a payment method for an item has been specified for incoming payments, the item is usually not dunned because the payment program is responsible for collecting the money. True False.
Dunning Program is a predefined procedure that specifies how the customers and vendors are dunned. True False.
You can specify the details if you need to block the dunning for a customer. True False.
The account gets the highest dunning level of all the items to be dunned. The dunning program sets this level automatically when the customer or vendor receives a dunning notice. True False.
If different responsibilities or different dunning procedures exist within a company code, you can set up corresponding dunning areas. All dunning notices are made separately according to dunning areas with different dunning procedures, if necessary. True False.
Some of the important fields that can be maintained at the document level are: Dunning Area Dunning Key Dunning Block Payment Method Payment Term.
In addition to maintaining the dunning data at the master record level, you can not maintain the dunning data at the financial document level. True False.
The Dunning Program settings are divided which of the following categories: Dunning Procedures Dunning Levels Expenses or Charges Minimum Amount Dunning Text Environment Dunning Notices.
The main dunning program confirmation menu displays push buttons for different areas. To complete the configuration, you need to go through each push button from left to right and choose the required settings. True False.
The SAP standard system contains the standard dunning procedures along with some corresponding forms. In some cases, the configuration structure requires only minor changes. If you copy an existing dunning procedure, you need to make a minimum amount of changes to the configuration and only adapt the company-code-specific configuration. True False.
You need to define which of the following settings for a dunning procedure: Dunning Procedure: You need to define a key for the dunning procedure (for example, 0001). Name: You need to provide a description of the dunning procedure. Dunning Intervals in Days: For each dunning procedure, you determine the dunning interval, and therefore the frequency at which the dunning is to happen. This is the minimum number of days that must elapse after a dunning run, before an account can be dunned again. Number of Dunning Level: Enter the highest dunning level associated with this dunning procedure. Minimum days in arrears (account): When you maintain an entry here, the system ascertains whether an account has crossed the minimum number of days after it becomes due, then selects the account accordingly for including this in the current dunning run. Line Item grace period: Enter the ‘grace period’ in days which will be added to the due date of an overdue item to determine the items that need to be dunned during the current run. Interest Indicator: Enter an interest calculation indicator from the drop down list, if you want the dunning interest to be calculated. Dunning letter even if account balance is positive: If you want to generate dunning notices for accounts that currently have a credit balance, you have to select this option in the dunning procedure. Otherwise, the system will only create dunning notices for account balances that are in debit.
For each dunning process, maintain which of the following settings: Days in arrears Calculate Interest Print all items Always dun Do not dun Payment deadline.
For each dunning process, you do not need to define the dunning charges depending on the dunning level. True False.
Which of the following are the features of the dunning charges: You can define dunning charges for each currency. Dunning charges depend on the dunning level. You can use word processing features to print these charges on the dunning forms. Dunning charges can be either a fixed amount or a percentage of the dunned amount. You can set a minimum amount as dunning charges. Dunning charges includes interest amount as well.
If a dunning level does not reach the minimum amount for overdue items, the items in this dunning level are assigned to the next lowest level. The system checks whether it can create a dunning notice in this dunning level. True False.
If you have specified a minimum percentage of overdue items, the dunning level must not have reached or exceeded that limit. True False.
The dunning program can generate payment advice notes, dunning notices, and payment forms. True False.
In Dunning Process, The environment settings consist which of the following: Company Code Data Sort Fields Sender Details Dunning Areas Dunning Key Dunning block reasons Interest Dunning grouping.
Company Code Data specifies whether the dunning notices for a company code are created separately depending on the dunning area rather than the account. In this case, the dunning data in the business partner’s master record is updated according to the dunning area. True False.
Company code data: In contrast to standard dunning, in which all items at all dunning levels are dunned with one dunning notice, you can use a separate dunning notice with different accompanying texts for each dunning level in an account. True False.
Sort fields does not maintain sort variants, which arrange your dunning notices and items according to specific criteria. True False.
A dunning area is an organizational entity or a substructure of a company code. This entity is responsible for dunning. True False.
You have to assign standard texts to a company code. Assigning a standard text to a dunning area is optional. For example, the standard text may contain the text for a letter header, which can include a company logo and a telephone number. True False.
The dunning key indicates that the line item can only be dunned with restrictions or must be displayed separately on the dunning notice. True False.
Interest maintains the interest on credit balances. Interest is dependent on currency and time. True False.
Dunning grouping is a grouping key used for document fields with identical contents. For example, financial assets management may be grouped with identical rental agreements. True False.
After configuring the dunning program, you do not need to execute the program. To execute the program, you need to follow a sequence of steps. The first step is to enter the parameters. The parameters provide information about the dunning run. You can copy the parameters from existing dunning runs True False.
To create a dunning run, you need to specify which of the following two parameters that identify the dunning run: Run date: Identifies the program run.
Identification: Differentiates between programs with the same run date.
Block Key.
The run date does not have to be the date when the system executes the program, but it is recommended. True False.
With the parameters, you specify which documents and accounts in which company codes the dunning program should examine for overdue items. You can activate an additional log to check whether the dunning run was successful. You can only use this log for testing and training purposes, because it uses a lot of system resources.
True False.
The dunning run creates a dunning proposal you can not edit, delete, and re-create as often as you need to. True False.
You can automatically print the dunning notices directly after the dunning run. In this case, you decide to edit the dunning proposals. True False.
Which of the following steps are involved in executing dunning run: Account selection: which accounts shall be considered in the dunning run? Dunning line items: which items are overdue and should be dunned on which dunning level? Account dunning: does the account have to be dunned and how? Dunning Proposal: It should be prepared on the basis of certain parameters.
The account selection is the first step in the dunning run. The program checks all the accounts using the criteria entered in the parameters. True False.
To be considered in the dunning run, the accounts must fulfill which of the following criteria: You have to enter the dunning procedure in the master data. Dunning reason: why and how you will dun the accounts The date of the last dunning run in the account must be earlier than the dunning interval date of the dunning procedure.
The due date is the date by which the customer has to pay the net liabilities. True False.
Which of the following rules apply to due dates for receivables and credit memos: Receivables Invoice-related credit memos Debit Notes Other credit memos.
Invoice-related credit memos: Due on the same date as the invoice. Usually, the payment terms of a credit memo do not apply. If you want to apply the payment terms in a credit memo, enter V in the Invoice Reference field. True False.
When clearing with credit memos, the due net debit items on the account are cleared with the due net credit items. The system assigns the credit items to the debit items with the highest dunning level and are cleared with these items. True False.
If you selected Clearing between the customer and the vendor, the due net credit items in the vendor account are also cleared with the items with the highest dunning level. The same dunning procedure may not be defined for both the customer and vendor. True False.
After clearing all the due debit items with the due net credit items, the account must have a debit balance for the system to dun it. However, if you set the Dunning Letter Even if Account Balance Is Positive flag in Customizing, the system ignores this basic check. The system creates dunning letters regardless of the account balance. True False.
In any case, the total of the overdue items for each dunning notice must be in debit; otherwise, the system does not generate a dunning notice. The dunning notice does not list all the cleared items. True False.
The difference between the due date and the dunning date is the following: Due date: The day by which the liabilities must be paid.
Dunning date: The day when the overdue items are dunned.
Clearing date: The day when the invoices are cleared with each other.
Every dunned item is overdue, and all overdue items are dunned. Usually, all the overdue items at the date of issue have not to be dunned. True False.
By defining Line item grace periods in the dunning procedure, the system only duns the items that are still overdue after deducting the grace days. True False.
If items are overdue, but there is a dunning block in the item, the system will not add these items to the blocked items list. True False.
If a payment method for incoming payments is specified for an item, the system will usually not dun the item because the payment program is responsible for collecting the money. The system only duns these items if they have a payment block. True False.
If payments for accounts are to be dunned and a payment method for incoming payments is specified in the master data, the system does not usually dun them because the payment program is responsible for collecting the money. The system only duns these accounts if they have a payment block. True False.
Each item to be dunned is assigned a dunning level according to the number of days the item is in arrears. Each dunning procedure contains up to eight dunning levels. True False.
The wording of the dunning notice is usually influenced by the dunning level. The higher the dunning level, soft the formulation in the dunning text. True False.
For invoice-related credit memos, the system uses the dunning level of the invoice. The dunning level can only be raised by one from one dunning level to another. This means you can skip any dunning levels. True False.
When setting up a dunning procedure, the number of days in arrears is taken as the default on the Dunning Levels screen. The Line item grace periods value is proposed as the first dunning level. For the rest of the dunning levels, the system adds the Dunning interval in days value to the number of days the previous dunning level is in arrears. True False.
You can not overwrite no of days as default values while setting up dunning procedure. True False.
Dunning procedures with only one dunning level are referred to as payment reminders. These procedures are used for important customers and public corporations. By using these procedures, you can ensure these customers only receive a payment reminder. True False.
By assigning dunning keys to certain items, you can not prevent those items from exceeding a certain dunning level. True False.
The total amount of all the items in an account with a certain dunning level must be greater than a defined minimum amount. The relationship between the total amount and the total open items must be greater than a minimum percentage. If this is not the case, the system sets the items to a higher dunning level.
True False.
Usually, the minimum amounts and percentages at higher dunning levels are greater than the minimum amounts and percentages at lower levels. True False.
You can only dun the account if at least teo item reaches the permitted minimum number of days in arrears for the account. True False.
The account gets the highest dunning level out of all the items to be dunned. If all the items are dunned with one dunning notice, the system words the dunning text according to the highest dunning level. True False.
After the dunning data is determined, the system checks whether the dunning process is necessary. Normally, it is not necessary to send a dunning notice if the dunning data has not changed since the last dunning run. True False.
The system only duns an account if it fulfills one of the following conditions: The dunning data changed since the last dunning run. The Always dunning notice? indicator is selected for the dunning level. This option is usually selected for the last dunning level and for payment reminders (dunning procedures that comprise only one dunning level).
If the start date of the legal dunning procedure is entered in the account master data, the account is always dunned as long as the account fulfills one of the following conditions: There have been postings made since the last dunning run. The Always Dun in Legal Dunning Procedure indicator is selected. Dunning Procedure is defined for legal matters.
After the system creates the dunning proposal, a clerk can edit it. You can print the following lists to support the clerk’s work:
The dunning statistics The dunning list The blocked accounts The blocked line items The dunning history.
You can not display a sample printout on the screen. The system saves the changes to the dunning proposal. True False.
If you are not going to print the dunning proposal, you have to delete it. Otherwise, it blocks the items you selected for processing in other dunning runs. True False.
The clerk can perform which of the following actions: The clerk can block an account in the current dunning proposal or remove the dunning block. The clerk can block a line item in the current dunning proposal or remove the dunning block. The clerk can lower the dunning level of an item in the current dunning proposal. The clerk can raise the dunning level of an item in the current dunning proposal. The clerk can change a document. This change does not apply to the current dunning run. The clerk can change the dunning and correspondence data of an account in the master record. This change does not apply to the current dunning run.
Only changes in the dunning proposal apply to the current dunning run. You can raise or lower the dunning level as needed in the master data and documents. True False.
The last step in the dunning process involves printing the dunning notices. True False.
The print program for the dunning procedure performs which of the following: The printing program groups items to be dunned with a dunning notice according to various rules The program generates a dunning notice for each group The program enters the dunning date and dunning level in the list of dunned items and accounts The program enters the due date in the documents.
The system prints dunning notices in a sequence defined by master data. True False.
Items to be dunned can be grouped together in dunning notices if they have the same company code, dunning area, and account.
True False.
The system groups the items in a one-time account in one dunning notice if they have the same address. True False.
You can group items by which of the following criteria: The dunning letter for each dunning level: In the company-code-specific settings for the dunning program, you can choose whether to print a separate dunning notice for each dunning level. In this case, the system selects the text for the dunning notice according to the dunning levels of the grouped items. The grouping key: You can enter a grouping key in the customer or vendor account to group items that have the same values in the fields assigned to the grouping key in dunning notices. You can use the fields in the index tables for the open items BSID (customers) and BSIK (vendors). The decentralized processing: If Decentralize processing is selected in the branch accounts, meaning the dunning is processed locally, the system sends the notices to the branch offices. In centralized processing: The system sends notices to customers directly .
You can use cross-company-code dunning to combine overdue items from different company codes in one dunning run. The overdue items from one customer in different company codes are dunned with one dunning notice. This means you do not have to send the customer a separate dunning notice for each company code. True False.
The system groups the overdue items according to predefined rules (dunning levels, dunning areas, or dunning grouping) and assigns them only one dunning notice. True False.
If you want to dun different company codes at the same time, you have to assign the relevant company codes to a shared dunning company code. The system uses the dunning procedure assigned to the account in the dunning company code. The system checks the dunning frequency and dunning blocks individually, not just in the dunning company code. True False.
If a date for the legal dunning procedure for an account has been specified in the dunning company code, this will not affect the dependent company codes. True False.
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