Billing

Question 1

F2

Answer 1

Standard invoice

Question 2

F5

Answer 2

Order related pro forma invoice

Question 3

F8

Answer 3

Delivery related pro forma invoice

Question 4

L2

Answer 4

SAP Standard Debit Memo

Question 5

G2

Answer 5

SAP Standard Credit Memo

Question 6

RE

Answer 6

Credit for Return

Question 7

Proforma invoice

Answer 7

When goods cross an international border this is used to declare the value of the goods

Not posted to accounts and no Tax

Question 8

Customs Declaration

Answer 8

Declaration of the value of goods

Question 9

VOFA

Answer 9

Billing document configuration

Question 10

Billing Document Types: General Control Fields

Answer 10

Posting Block
Invoice List Type
Relevant for Rebate

Question 11

Billing Document Types: Cancellation Fields

Answer 11

Cancellation Billing type

Question 12

Billing Document Types: Account assignment/Pricing fields

Answer 12

Account determination procedure

Document pricing procedure

Question 13

Once an invoice is posted in accounting…

Answer 13

It cannot be deleted, only cancelled or reversed

Question 14

Accounting document has a reference number

Answer 14

Typically the reference number is the SAP invoice number

Question 15

LR

Answer 15

SAP Standard Invoice List

Question 16

VF21

Answer 16

Create Invoice List

Question 17

VF26

Answer 17

Cancel invoice list

Question 18

Invoice list Accounting document dynamic

Answer 18

Once the invoice list accounting document is created, this accounting document will replace the accounting documents for the individual invoices which make up the invoice list

Question 19

Revenue account determination

Answer 19

Determination of the revenue account

Question 20

Recon account determination

Answer 20

Determination of the Reconciliation account

Question 21

COGS

Answer 21

Cost Of Goods Sold, account affected during PGI

Question 22

Inventory Accounts

Answer 22

Account which monitors the stock

Question 23

Inventory Accounts

Answer 23

Account updating during PGI

Question 24

Accounts updated during invoicing

Answer 24

Customer A/C
Revenue A/C
Sales deduction A/C
Taxes A/C
Freight A/C

Question 25

Accounts are determined using…

Answer 25

The condition technique

Question 26

Account assignment groups reside in…

Answer 26

Customer Master
Material Master (sales 2 view)

Entries determined by FI consultants

Question 27

Account Determination configuration steps

Answer 27

Field Catalog
Condition table
Access sequence
Account determination type (condition type)
Account determination procedure
Account determination procedure assignment
Condition record maintenance

Question 28

Chart of accounts

Answer 28

A group of G/L accounts, associated with company code

Question 29

ERL

Answer 29

Revenue account key

Question 30

ERS

Answer 30

Deduction account key

Question 31

Account Keys

Answer 31

The link which connects pricing condition types to the respective G/L account

Question 32

Invoice splitting criteria

Answer 32

Payer
Payment terms
Destination country 
Actual GI date
Incoterms
Billing date
Billing due date
Foreign trade data
Sold-to party

Question 33

Billing plans: Periodic Billing

Answer 33

Billing the same amount over a consistent period

Question 34

Billing plans: Milestone Billing

Answer 34

Billing different prices at key points of a projects

Question 35

S1

Answer 35

Invoice cancellation document

Question 36

The options in the system for redetermination of the pricing at the time of billing

Answer 36

Pricing elements are copied from a reference document
New pricing
Prices are copied from a reference document and scales are determined
New pricing without changes in manually entered prices
Pricing elements are copied unchanged

Question 37

Billing methods allow you to create invoices as per the specific criteria

Answer 37

Invoice splits billing

Question 38

Collective invoice

Answer 38

Several invoices grouped together in one invoice

Question 39

Down payment

Answer 39

Down payment request creating with a specific billing type

AZWR must be manually changed if intended to clear some of the amounts kept for down payment

Accounting document auto created upon creation of a down payment request