System-Wide Concepts Flashcards
In terms of the SAP Enterprise Structure, what is a client?
Highest level of organizational unit of all organizational elements. It represents the headquarter or enterprise group.
Is a Company Code used for Internal or External Financial Reporting?
External. It meets legal requirements by producing balance sheet and P&L statements
What are the 3 organizational levels in the SAP Enterprise Structure that when combined, create a Sales Area?
Sales organization
Distribution Channel
Division
Now that the Business Partner Approach has been simplified into one entity, what must we create and define so we distinguish between their General, Vendor, and Customer data?
Assign roles
What are the three business partner categories when creating a business partner?
Person
Organization
Group
[TRUE OR FALSE]
Master Data is always created at the Client level of the system first, then extended to other levels that will use it.
TRUE
[TRUE OR FALSE]
A Plant can be assigned to two Company Codes as long as the Co Codes belong to the same Controlling Area.
FALSE
[TRUE OR FALSE]
A Company Code can be assigned to many Controlling Areas at the same time.
FALSE
What links the business partner with the correct general ledger account in the balance sheet ?
Reconciliation account
What is an example of data maintained at general / client level for business partner?
Address
Is there company code in materials?
No we get information from the plant
What needs to be defined for multiple compnay codes to belong to the same controlling area?
Same fiscal year variant (calender year)
Same operating chart of account. (COA)
What org level can a material be assigned to?
Client, sales org, dist channel, plant, purchasing group and storage location
How the internal cost of a material is determined?
Product Cost Estimate/Standard Cost Estimate
The org level for profitability analysis or COPA?
Operating concern
