Cert 8 Flashcards
- You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date(3)
a. ENTRY date
b. DOCUMENT date
c. POSTING date
- Which prerequisite must be met by the technical clearing account for integrated asset acquisition
a. The account is a RECONCILIATION balance sheet account for fixed assets
- You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit. How is this shown on the balance sheet?
a. The BALANCE is shown on the ASSETS side
- You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false
TRUE
- You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false
TRUE
- You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values?(3)
a. ACCOUNTING principles
b. VALUATION areas
c. LEDGER groups
- Which of the following are possible reasons that an invoice would not be paid(3)
a. The invoice has a debit BALANCE
b. An invalid house bank is SELECTED
c. The payment amount is less than the minimum amount specified for a PAYMENT
- What account types can you use to classify general ledger accounts in SAP S/4HANA(3)
a. SECONDARY costs
b. NON-operating expense or income
c. BALANCE sheet
- Which of the following statements best describe how core data services (CDS) are developed
a. They are developed in the ABAP layer of the SAP S/4HANA system by the IT user
- What happens to the transaction figures when you post a normal reversal posting
a. They are INCREASED
- Which of the following are standard correspondence types(3)
a. Payment NOTICE
b. Open items LIST
c. Account STATEMENT
- Which of the following assignments can be adjusted for the company code(3)
a. CHART of accounts
b. COMPANY
c. FISCAL year variant
- You have been asked to set up house banks as part of the implementation. What information do you need(3)
a. COMPANY code
b. GENERAL ledger account
c. BANK master data
- What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP
a. You want to clean up your system and use SAP BEST PRACTICES
b. You want to deploy SAP S/4HANA CLOUD
- What archiving step must precede archiving a supplier invoice posted directly to FI
a. Archive FI transaction figures
