You can divide the document splitting process into three simplified steps: Passive document splitting Active (rule-based) document splitting Creating clearing lines or zero balance formation.
Parameter IDs allow users to set default values for fields whose values do not change often, such as company code and currency fields. True false.
When you enter different business transactions in accounting, SAP S/4HANA offers
predefined values for the following fields: Document types Posting keys.
SAP S/4HANA (FI) shows a warning message if it determines that the maximum percentage difference between the exchange rates has been exceeded. This helps you to recognize incorrect entries. True False.
The following fields can be changed in a document Document header-Reference number and document header text Line items- Assignment field, Text field, and Payment Terms.
In the Configuration of Doc. Splitting screen area: Deriv. via Doc. Type. Business Transaction. Business Transaction Variant. Item category of the base item.
As users make changes to documents, SAP S/4HANA logs the following information: The field that was changed The new and old values The user who made the change The time and date of the change.
You can change a field under the following conditions: The posting period is still open The line item is not yet cleared. The line item is either a debit in a customer account or a credit in a vendor accoun The document is a credit memo for an invoice The document is a credit memo from a down payment.
You can use negative posting to avoid an unnecessary increase in the transaction
figures. This function was developed to meet customer requirements and is optional True False.
You can reverse documents that contain cleared items. You need to reset the document
before reversing it. True False.
To enable negative postings, the following prerequisites must be fulfilled: The company code must permit negative postings The reversal reason must be configured to allow negative postings. Posting period must allowed.
Terms of payment define the following parameters: Due date Cash discount offered for payment of the invoice within a certain period.
To activate the payment terms on these non-invoice-related credit memos, enter a U in the Invoice Reference field when entering
the document. False True.
While defining terms of payment, you can control payments by using Block Key Payment Method Bank Key.
The system uses the baseline date to calculate the due date for the invoice and the cash
discount terms. The baseline date can either be proposed from- Enter Manually Posting Date Document Date Entry Date.
For the calculation of the baseline date, you can use two methods: Fixed days Number of additional months.
Define the following items for each installment: Installment number Percentage rate Terms of payment.
Tax Code is used to Verifying the amount of tax Calculating the amount of tax Verifying the tax type Determine the GL Account Show correctly the tax forms.
Tax postings can be of the following types Taxes calculated by the application are usually posted through a separate line item to a
special tax account. This is the standard scenario. Taxes with certain transaction or account keys (for example, NVV) are distributed to the
relevant expense or revenue items, such as the case of sales tax payables or other
nondeductible input taxes.
To enable the automatic determination of tax accounts, assign the following data to the
account Tax accounts Posting keys Rules , which determine fields, such as the tax code or the account key, on which account
determination is based.
All other G/L accounts may have one of the following entries in the Tax Category field: " " - + * XX.
Accounts for cash discounts need an entry in the Tax Category field so that the
system can post tax adjustments True False.
You can use report RFBVOR00 to display cross-company code transactions True False.
The clearing account in intercompany should be only GL True False.
Displaying a document in the entry view and the general ledger view is possible with S/4HANA. True False.
You can assign different document splitting procedures to different client company codes. True False.
Identify the criteria that usually differentiate between document change rules. Open items Account type Asset class Company code.
Which of the following fields can be changed in the document header Reference number Document header text Document date Currency exchange rate.
Based on document change rules, users may only be able to change certain fields in the
documents that they have already posted True False.
When you reverse a document, you must enter a reason for reversal. True False.
The reversal reason determines whether the reversal date may differ from the original
posting date. True False.
You need to enter a percentage rate in the terms of payment to calculate ______________. Cash Discount Credit Amount Debit Amount.
The baseline date is the starting date that the application uses to calculate the invoice due
date True False.
Day limits enable date-specific terms of payment under a single terms of payment key. True False.
SAP S/4HANA only supports the net procedure for customers True False.
How many cash discount periods can be entered in the terms of payment? 3 5 1.
The tax code is used for the tax calculation procedure required to perform taxation
functions on the SAP system True False.
The taxes calculated by the system are usually posted via a separate line item to a special
tax account. True False.
In the configuration of SAP S/4HANA, you must always assign clearing accounts to every
possible combination of company codes. True False.
Parameter IDs allow users to set default values for fields whose values do not change often,
such as company code and currency fields True False.
When users log on to SAP S/4HANA, specific properties apply to their user IDs throughout
the application.Some examples of user-specific properties are as follows: Logon language Date format Decimal notation Cash Journal.
Defult value-You can use the editing options to configure for example the following areas: Document Entry Document Display Open Items Line Items Cash Journal.
At company code level, you can enter the maximum permitted difference between the
following exchange rates The exchange rate in the document header of a business transaction The exchange rate in the exchange rate table SAP S/4HANA (FI) shows a warning message if it.
Document Change Rule-The amount, posting key, account, or any other fields that affect the reconciliation of a posting cannot be changed. True False.
When you post a cross-company code document, SAP S/4HANA generates a cross-company
code document number to link all new documents together. The document number is a
combination of the document number of the SECOND company code, the second company code
number, and the fiscal year True False.
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