Special G/L transactions are transactions in accounts receivable and accounts payable and are separately displayed in the general ledger and subledgers. True False.
Transactions in the subledgers (for example, accounts receivable and accounts payable) are also posted on the reconciliation accounts in the general ledger. True False.
What sort of special general ledger types exist? Noted items Final payments Automatic offsetting entries (statistical) Free offsetting entries Other types.
Which of the following statements apply to the special general ledger types of noted items? No special general ledger indicators of your own can be created of this type The account for the offsetting entry is selected automatically No postings are made on an offsetting account Noted items are posted to an alternative reconciliation account. No zero balance check is made in the system.
For which of the following transactions can you use noted items? Late payment Down payment request Vendor payment Customer payment.
In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. True False.
Which of the following is an example of an automatic offsetting entry? Bank posting of a received down payment Posting of a guarantee of payment Down payment request.
Transaction figures are updated for down payment requests True False.
Which is the first step in the procedure of making down payments in the customer area? Down payment request Down payment received Customer invoice Clearing.
When preparing the balance statements for year-end closing, you need to enter the disputed or doubtful receivables as flat-rate value adjustments. True False.
You can post the special G/L transactions from the application side using special posting keys and special general ledger indicators. True False.
Special G/L indicators for customer and vendor down payments are configured together True False.
For which type of account is the line item display generally active Reconciliation account Customer account Vendor account Special general ledger account.
For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures? Noted items Customer account Vendor account Special general ledger account.
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Creation of purchase order Goods receipt Invoice receipt.
During the invoice receipt step of the three-step reconciliation, a material document is created in Materials Management to update the stock. True False.
A delivery document is created on the day of the delivery True False.
The document flow is an instrument that you can use to view the documents belonging to a transaction True False.
Where is the billing document created? Financial Accounting Sales and Distribution Accounting Materials Management.
Down payments received reduce the total of which of the following entities ? Payables Bank balance Receivables Inventory.
A sales order creates a Financial Accounting (FI) entry. True False.
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