1 Customer/vendor accounts 2 segments:Client levelCompany code specific data

2 Report to transfer CM/VM from one to another Co.Code

3 Important fields:Search termGroup KeyAccounting clerk

4 Explanatory test5 Line item display and open item management

6 AP/AR Account group controls:

7 Once C/V created no longer change the account group8 When creating C/V records master records

9 Layout of C/V master data screen can be affected by/ Controlling field statusAccount Group - Specific ControlTransaction -Specific ControlCompany code dependent control

10 IBAN (int'l business account number)

11 If "activate IBAN w/o bank number " indicator is active (Fina acctg-AR/AP)

12 If Customer is also vendor or vice-versa, to Clear open item:Ender Vendor number in Customer acct , Ender Customer number in vendor acctSelect clearning with vendor field in customer account

13 You can enter alternative payer/payee (entry in co.code level has highest priority)

14 Set individual specification indicator?

15 Set payment data indicator under additional selections

16 Set the account control and status under additional selections

17 All items posted to branch are automatically transferred to the head office act

18 If "Decentral processing" is selected in HO master record ?

19 Bank Master Records are stored Centrally

20 Issues list of banks - Table BNKA

21 House bank creation in Customizing includes:

22 Four ways to create bank master data?

23 Payment program uses the House Bank ID24 In C/V MD --Bank type fields to distinguish banks, use matchcode (partner bank field) in invoice process

25 Bank Account = House ID + Account ID , entered in GL (repre bank ID)

26 What is SAP Document Principles27 two important document control keys:

28 Text for external purposes ( document posting text field)

1 The sap payment program lets you automatically

2 Payment process consist of 4 steps

3 Setting for payment program divided into categories

4 For all company codes defines:

5 Responsible for processing outgoing payments

6 Records the subledger postings7 Postpone the payment of some items until next payment run still receiving discounts8 Specifies w/c special GL transaction can be processed within the payment program9 If activated allow you to print and sort payments

10 Users define the minimum amounts of payments & forms to be used for each?11 Users define how many bills of exchange created for each account during the payment run12 Control w/c open item for the bill of exchange payment method using?13 In the ___ you define co.code dependent standard text to payment forms?14 Payment method 2 components?

15 Basic requirement and spec for payment method- country

16 Payment method- Company code

17 Where you can specify name of SAPscript or PDF form for payment media?18 this is where file folders are arranged for each of these sections: rangking order, amounts

accounts, charges, and value date.19 Lists the house banks and the amount of funds20 To add new house bank define the ff:

21 Lists the offsetting accounts for each house bank and payment method22 For checks, bank subaccount can be either cash or cash clearing account23 Is used in conjunction with cash management to track outflow of funds24 value date = payment run posting date + days until value date25 For incoming payments, system subtract the bank charges from the clearing amount26 For outgoing payments, its adds the charges to the clearing amount27 Systems posts charges to an expense account, it requires?

28 Every payment program run is identified by two fields:

29 Run date

General DataAccount ManagementPayment transactionsCorrespondenceInsurance Witholding tax

RFBIDE10

Abrv. For C/V namegrp together c/v (for running reports, transaction procesing or F4 search)Sort dunning & payment proposal list

Can be entered in every segmentalways preset on C/V account

The number rangesIf One-time C/VStatus fields

Account group on the initial create screen

ensure same screen layoutField satatus Master data transaction (Create, Change and display)

Facilitation handling int'l payment transactions / max 34 AlphanuCountry code - Bank Key - Account numberOnly entered manually if the business partner provides

can enter iban manually w/o bank number

Payment and dunning program can clear open items each other

you can enter info of payer/payee for c/v not created in sapusing matchcode --entering invoice payer/payees

when u print report you can see the relationship of alterntive payer/payeeRFDKVZ00

can see in print the relationship of partnerships for customers

see HO for each branchesRFDKVZ00

Dunning notices are sent to head office

Dunning & Payment program used branch account

Bank CountryBank keyAddressControl Data (swift code, giro data)Bank group (payment optimization in automatic payment program)

Bank Master dataElectronic payment transactionsBank accountsGL accts for each bank account1. Bank info in C/V master records2. Create bank transactions in AR/AP master data menu3. Bank directory can be imported from disk using RFBVALL_0 program4. Customer use lockbox functions can create batch input session

a document is saved for every postingDocument Type (for the document header)Posting Key (For the line items)Put * in front of the text (* removed in the printout)

Select open invoices to be paid or collectedPost payment documentPrint payment media (DME) or EDISetting parametersGenerating proposalScheduling the payment runPrinting the print mediaAll company codesPaying company codesPayment method/countryPayment method for the company codeBank selectionHouse BanksIntercompany payment relationshipThe company codes(s) that process paymentsCash discountsTolerance days for paymentsThe customer and vendor transaction to be processed

Paying company codesRecords the bank postingsSending company codeYou can enter Tolerance days for payablesVendor/Customer Sp. GL transaction to be paidPayment method supplementsPaying company codeBill of exchange payment method.Due date specificationSender screenCountry specific settingCompany code specific settingMaster record requirementDocument types (for posting & clearing)Name of print program and print data setSpecific currencies (permitted currencies screen)Min and Max amountsforeign business partner is allowedcustomer/vendor's bank allowedforeign currency is allowedBank optimization (pay within same clearing house ACH)Postal code optimazation (payment based on c/v city of residenceForm data areaBank selection screen

Avilable amounts screenBank & Bank accountDays until the value date (BOE, payment posted before due date) 999 value dates not taken into accountCurrenciesAmount available for outgoing paymentAccount screen

Value Date

Posting keyaccount assignmentRelevant to cash flow indicator must be setRun date IdentificationActual date program executed

Basic Setting1 Highest level in SAP ERP system Hierarchy Client2 An independent balancing/legal acctg entity Company code3 Copy Company Code Function, copies the ff data Definition

Global ParametersCustomizing tablesGeneral Ledger AccountsAccount determination

4 Global Parameters includes COAFiscal YearCo. Code Defaults

5 Objectives EDIT Company code data: Address Data (correspondence)Define CurrencyLanguage KeyCountry Key

6 Use to copy the country specific tables from the country template to CC XX Country installation program7 You should only run the country installation program in an intial installation

and not in upgrade installation

8 Represent separate areas of operation w/in org Business Area9 Segment Companies are obliged to provide info fin. Results of bus. Seg.

10 Basis for consol function for Fin. Acctg, Company11 Operating cost sorted according to function. Functional areas12 Fin. Stmt. By bus area, profit center or segments need to activate document breakdown13 Identifies a self-contained org. Structure for w/c cost and revenues can be managed/allocated Controlling areas

Enables cross-company code cost accounting14 Assigning more than 1 Co.code to Controlling AREA possible only? Same COA

Same fiscal year variant

15 Enables use parallel valuation approaches NEW GL16 If you use multiple ledgers, you have the option of defining a diff. fiscal Ledger approach

year in non leading ledgers17 SAP Variant principle 3 step method? Accounts approach18 Can be assigned one or more scenarios or even all 6 at once Leading ledger19 Defines w/c fields are updated in the ledgers during a posting Scenario20 SAP Variant principle 3 step method? Define variant

Determine valuesassign variant to object

21 Field statusPosting periodFiscal year

22 Start -end periods same ever year Year independent23 Can vary from year to year Year specific24 You can defined 16 periods25 If posting date falls last normal period, u can post to any special period26 year independent fiscal year can be? Calendar year

Non-calendar year

27 Each currency key can have a validity date.28 Every combination of 2 currrencies you can maintain diff exchange rates Exchange rate type29 Relationship betweenc currencies must be maintained per exchange rate type Translation ratios30 Because of inflation.. Translation ratios can be maintained by? time period basis31 Exchange rate several tools? IBE Inversion (oldest)

Base currencyExchange rate spreads

32 Report w/c enables to transfer external market data in file form RFTBFF0033 Report, data is transferred in realtime using datafeed interface ? RFTBDF07

RFTBDF14

34 Efficient combination of exchange rate tool is? Using base currency for the average MUsing exchange rate spreads

35 A translation between two foreign currencies is calculated via base currency, that is combiningtwo exchange rate

36 A base currency can be assigned to an ? Exchange rate type

37 One unit foreign currency is quoted for the local currency Direct quatation38 One unit local currency is quoted for the foreign currency indirect quotation

39 relevant exchange rate can be maintainedrelevant quotation can be maintainedworklist is smallerparallel processing

40 Prefix for standard indirect quotation exchange rates "/"

Variant principle is used for? FPF

Maintain exchange rate using TCURMNT advantage

Question Answer1 is a variant contains structure and basic info about GL COA2 Language in w/c account description are maintained Maintenance Language

3 Definition of COA contains? COA KeyDescription

4 COA General Info?

5 COA Controlling Integration? Manual creation of CEAuto creation of CE

6 COA Consolidation? Group COA

7 Req, save newly created GL, Cost Type automatically created Default value cost element category is defined

8 Acct # used for cross-company code reporting if ComCo. Used diff. COA

9 Directory of GL accounts in COA via report RFSKPL0010 View GL directory w/ coa and co.code specific data RFSKVZ00

11 Info. For an account is summarized in? COA segment

12 COA segment contains Acct #Name of acctControl fieldsConsol fields

13 Define and change layout of tab pages, u can define? Number of tab pagestitle of tab pagesField groupslayouts for Central processingCo. code specific area

14 The info entered in COA segment for GL acct applies to all Company code15 Texts entered for COA segment are managed by? ID

Language16 To use accts from the assigned COA in your co.code you must create Company code segment

17 By assigning a _______ to an acct group, you can ensure that accts Number rangeof all the same type are within same range

18 You must enter___in COA segment, it controls the appearance Account groupof the c.code segment of GL acct.

19 Enables to control the display and maintenance of acct. MD Field status

20 These fields are always required entry fields, this status cant be changed Account currencyField status group

21 Fields w/c are ___may contain values and these values still take effect Supressesed

22 The fields displayed in GL acct MD are not only controlled by accnt groupbut also transaction u use edit the MD.

23 Field status prioritities HideDisplayRequired EntryOptional Entry

24 If u don’t want to use transaction-specific control set the field status Optionalfor all fields to_______

25 GL accts assigned to business partner, to record all transactions Reconciliation Accountin Subledger

26 All postings to subledger acct are automatically posted to the Reconciliation account

27 Typical recon. Acct AR (D)AP (K)

Maintanance LanguageLength of GL number

28 Amounts cannot be posted directly to? Reconciliation acct.29 Are totals of line item postings on the debit or credit side Transaction figures

30 The field___is a control field in the c.code segment of an acct Line item display31 For accts with line item display , most important data from postd Special Index table

line item is stored in______

32 You should not activate line item display for: Recon. AccountRevenue acctMaterial stock acct.Tax acct

33 Accounts w/___must have line item display activated Open item management

34 is prereq,if u need to check wheather there is offsetting posting Open Item Management

35 Use open management for the ff. accts Bank clearing acctClearing acct for GR/IRSalary clearing acct

36 You can only activate/deactive open item mngt if acct has zero balance

37 You can select one of the ff. currencies as Account currency Local currencyForeign Currency

38 Local currency is proposed as acct currency when u create? GL account

39 if the acct currency is local currency the can acct can be posted toany currency

40 If____is selected in MD, transaction figures are only managed for local currency amts "only Balances in Local Currency"

41 Only Balances in Local currency indicator -should For clearing accountsCash discountGR/IR acctsNot set in Recon account..Usually set in B/S accts

42 Accts w/____as acct currency can only be posted to this currency Foreign Currency

43 Special COA procedure for internal reporting Use group COAGroup COA mus be assigned to each operational COAEnter group Acct number in COA segmentUse Fin. Stmt version for group COA

44 GL consist of 2 segments COA SegmentCountry Segment

45 Objects that can be used as alternatives Business AreaProfit Center

46 Is posted automatically when profit center is posted. Segment

47 There is no dummy segment posting

48 Segment is derived from the characteristics ___because already exists in various SAP Object Profit Center49 Using Segments is only officially approved by SAP if Profit Center are being used simultaneosly

50 Document splitting provides the ff options: Manual entryBAdI implementation Defining Substituition rulesStandard account assignment

51 Are segments assigned to a hierarchy? Like business area are not assigned to any structure and can be used across company codes

52 The use of segments usually corresponds to the legal requirements

53 Customer and Vendor 2 segments Client level - General DataCompany code level - company code specific data

54 Any sales area that wants to do business with a customer has to create ___ Sales area segment

55 Any purchasing org, wants to do business with a vender has to create___ Purchasing Org. Segment

56 Complete customer/vendor acct consist of: General data at the client levelCompany code segmentSales area segment / Purch. Org segment

57 V/C account master record can be maintained CentrallySeparately (For FI).

58 To find incomplete accounts VCMD, 2 reports? RFDKAG00 - CustomerRFKKAG00 - Vendor

59 You can prevent creation of duplicate accounts: Use MatchcodeActivate automatic duplication check

60 CVMD can be group together under: User-defined group key

61 when create CVMD enter the account group on the intial screen

63 in FI once CVMD is created u can no longer change the account group, if u use ____ in SD Partner rolesu can change the account group from ordering address/ship to address

64 For each number range define internal or external Internal Number - assigned by sytemExternal Number - user who create

65 You enter CV specific data for 1-time CV in the document during ? Posting

66 Is used to control fields displayed in CV MD Account group

67 Layout of CV MD can be affected by : Account group-Specific ControlTransaction-Dependent controlCompany code dependent control

68 Don’t use controls set the FS for all fields to --- Optional (lowest priority)

69 If define fields CVMD as ___the CV is blocked for payment if the entry is changed Sensitive

70 If clearing is to be used select___in CV account Clearing Vendor/customer

71 If you set___indicator in invoice creation, can enter info. Payer/payee for C/V not been created "Individual Entries"

72 All items posted to branch acct are automatically transferred to head office acct. 73 If ___field is selected in HO MD , dunning and payment programs use the branch acct instead Decentralized processing

AC200 | Document ControlNo Question Answer1 A doc. Is saved every posting, remains as complete unit until archived Document principle2 Doc. Is uniquely identified by? Doc #

Company codeFiscal year

3 Two important keys: Doc typePosting Key

4 Report to create compact doc. Journal in the system RFBELJ005 Report to find document in the system RFBUEB00 and RFBUEB016 Control doc. Header & differentiate bus. Transac. Document type7 Defined at client level and valid for all c.code Document type8 Document type defines the ff. Number range (for doc #)

acct type (permitted for postings)Field Status -- Doc. Header text and reference numberInvoice posted w/ net procedure

9 Orig. doc. Has external number? Enter external # of orig. doc. In Reference number field10 Doc. Type allows postings to all account types AB11 To transfer Billing doc. From billing system. Need these doc types: RV-- Defualt doc type for SO (Customer invoices)

RE--Default doc type for MM (vendor invoices)12 Payment program uses mostly doc type__for automatic posting ZP13 Defines the number range for doc # that are to be assigned Document number range14 If __is mapped in the new GL diff. ledgers can use diff fiscal year variant Ledger solutions15 Special setting in customizing for these ledgers Doc. # ranges are stored in General ledger view

number range are assigned to doc types for general ledger view

16 This is done to ensure there are no gaps in doc. Assignment in leading view doc type for pure posting in non leading ledger must be assigned to separate number range.17 Posting keys are defined at client level18 Report to find gaps in document number assignment RFBNUM0019 GL account posting keys DR (40) CR (50)20 For customer invoices Dr (01) CR (50)21 The field status HIDE cannot be combined w/ fields status REQ. Entry22 The FSG are summarized in one? Field status variant23 If a doc is posted to a subledger acct the FSG of ____is used Reconciliation account

2425 If doc splitting is used there is also central mandatory field control 26 The same document types are valid for every co.code

Since Subledger accts do not have FSG, different posting is mainly by means of different posting keys

AC200 |Posting PeriodNo. Question Answer

1 Posting periods are defined in the ? Fiscal year variant2 During period closing, you open___for closing postings Special period3 Posting periods can be assigned for every Account types4 During closing, two period intervals must be open at the same time5 Authorization object __for authorization for posting period F_BKPF_BUP6 With NEW GL acctng a 3rd period interval is displayed7 With the new GL there is option to control more precisely w/c values for w/c acct assginment objects can be posted .8 Posting periods are opened and closed automatically 09 No more that two periods can be open at the same time 0

10 The authorization group in the posting period variant applies only to authorization for posting in special periods 011 Posting variant is assigned to ? Company code12 A posting period variant must contain at least one line with the entry?? Valid for all accounts13 the account range in the posting period variant consist of?? GL accounts14 The maximum amts are defined per company code in -----? Tolerance groups15 In tolerance group you can enter upper limits for the ff. Amount per document

Amt per C/V itemcash discount a user can grant

16 if users not assigned to tolerance group / default tolerance group " ____"17 2 views in New GL acctng? Entry view

GL view18 View how doc appears to the doc creator and how it shown in the subledger Entry view19 Default component of new GL acctng. Segment

Profit centerBusiness Area fields

20 Document splitting is only for customers who have to or want to enter a further characteristics on__ B/S21 Entities defined as____are inherited in non-account assigned posting line Splitting characteristics22 Document splitting23 If Doc. Splitting is not activated, no difference in Entry View and GL view24 Document splitting is____activated in customizing ___ initially, across all clients25 DS can be activated in client level and deactivated for each Ccode.26 All company codes of a client can only use ___ document splitting procedure (1)27 Inheritance concept28 If the position is not provided with the necessary object for any reason then a default value can be set automatically Default account assignment concept29 using Default value can reduce the data quality30 If you want to use default acct assignment carry out test w/o default values in order to find possible errors.

31 Document splitting process in 3 steps: Passive DSActive DSZero balance

32 Always set ___if you want to create a financial statement for characteristics, balance of defined entities is then always Zero balance Indicatorzero for every posting ensuring entity balancing.

33 Mandatory field indicator 2 meaning: Extension of the field status

34 Mandatory field indicator works in addition to Field status control in ___ and ____ account and postin key35 Splitting procedure36 General breakdown of the actual business process Business transaction37 Predefined BT and modeling of real business process for DS Business transaction variant38 Item Category39 Splitting rules

1 Allow users to set defaults for fields Parameter ID2 Using editing options you can: Doc entry Hide unrelevant fields

Document display Using List viewer-different display optionOpen items Line layout displays and posting options

4 All document must balance before they can be posted Document principle

5 In C.Code with___it is helpful if the FY is proposed Year specific Document number assignment6 Fields in Doc header and line items can be changed Document header Reference # and doc header text

Line items --system does not allow the ff AmountPosting keyAccount fields that would affect Recon. Posting

7 Prerequisites for field changes:

Posting debit to customer and credit to Vendor

Also often called online splitting, ensures that the companies can create complete balance sheets for desired objects

If account assignment object is unique in document it's inherited online in all missing positions

During clearing, the account assigments of the items to be cleared are transferred to the clearing itemsSystem processes specific doc. Split due to specific rulessystem create new clearing lines to achieve an accurate DS

Check - business process equivalent business transaction variant was selected

Total of all splitting rules of all business transactions

Is a technical map of posted line items, items that appear within a document /Semantic description for DSDefines w/c item categories should be spit (item categories to be processed) and the same time defines w/c foundation can be used

Posting period openLine item not cleared

No invoice related credit memoNo credit memo from Downpayment

No. Question | AC200 | Posting Control Answer1 GL & CV documents can be reversed by Normal reversal

Negative posting2 System provides function to reverses both? Individual and mass reversal3 When you reverse, need to enter_____that explain the reversal Reversal reason4 Control the reversal date is allowed to be different from orig. postingdate Reversal reason5 Doc. Cleared cant be reversed it must be _____ first Reset6 Causes system to correct Dr/CR, causes addtl transactional figures Normal reversal 7 Posted amt not added but subtracted from transaction figures of other side Negative posting8 Requirement for Negative posting Company code permits Negative posting

Reversal reason must be defined

11 Condition agreed between business partners for payment of invoices Terms of payment12 The condition defined 2 offered for invoice payment Due Date

Cash discount13 Enables the system to calculate cash discount Terms of payment

14 To calculate terms of payment system need the ff data Baseline dateCash discount termCash discount rate

15 You can enter terms of payment in? Company code segmentSales area segmentPurchasing Org segment of CVMD

16 Terms of payment defaulted in invoice: If invoice created in Financial Company code segmentcreated in SO management Sales area segmentCreated purchasing Purchasing management Purchasing Org segment

17 Credit Memo Can be linked to original invoice by entering invoice # in _____ Invoice reference18 Terms of payment in other credit memos are invalid, to activate payment term

on non-invoice related credit memos enter _____ in invoice reference field V

19 Terms of payment basic data: Day Limit Calendar day w/c terms of payment are validDecription Explantion generated automaticallyAccount type Defines the subledger can be used.

20 Payment control by: Block keys Can be entered in line items and payment termsPayment method Can be entered in line items and payment terms

21 Starting date the system uses to calculate invoice due date Baseline date22 Rules for calculation of baseline date Defults values from w/c baseline date can be determined No Dafault, document date, posting or entry date

Specification for calculating baseline date Fixed day used to overwrite calendar day

23 You can enter up to ____ cash discount period 324 To do invoice installment payments? Do not assign cash discount periods

Do not assign cash discount percentageDefine installment numbereach percentage rateterms of payment for each installment

25 Depends on global parameters of co.code, Net or gross value Cash discount base amountfor each co.code tax juridiction codes pecify w/c value the system to use___

26 Cash discount amount is entered either ___ by the system using rates in terms of payment Manually or automatically27 You can still change cash discount after you post______ Invoice

28 Vendor invoice w/ doc type for ____, amount posted in B/S acct is reduced by Cash discount amount Net Procedure29 Cash discount amount is automatically posted when invoice is posted Net Procedure30 When the invoice is paid system do clearing posting to____ Cash Discount clearing account31 If paid after cash discount deadline , the _____ is posted in separate account Cash discount loss32 Cash discount clearing acct must be managed on an_____ Open item basis

34 Used to store several versions of terms of payment under the same terms of payment key Day limit

35 Which cash discount accounts is used in the net procedure Cash discount clearing accountCash discount loss account

36 Which cash discount accounts is used in the Gross Procedure Cash discount revenue accountcash disccount expense account

TAX

37 2 taxation types National level (uniformly defined rates)state/jurisdiction

38 The systems calculates sales tax based on ____ and ___ and post it in ___ and ___ MaterialLocationSales order managementPurchasing management

39 For Carrying out tax calculations is assigned to every country Tax calculation procedure40 Tax calculation procedure contains Order of steps

Tax types (condition type)Account/transaction key

41 Used for automatic accnt determination for the taxes Transaction key

42 For USA 2 tax calculation procedure are relevant TAXUSJ - including jurisdiction codesTAXUSX - using external tax package

43 are tax calculations that are valid for the country Condition types44 Combination the codes of tax authorities Jurisdiction code45 4 possible levels below national levels State

CountyCitydistrict

46 Using tax jurisdiction code involves 2 steps Define the length of individual elementsMust be defined in every level

47 You enter __when you post document and this is the main connection to the tax calculation Tax code48 Tax code is linked in either of the ff: Country key

Combination of country key and tax jurisdiction

49 Are assigned to tax types used in tax calculation procedure Tax rates

50 Some postings to GL Accounts must have tax rate of zero tax exempt but need to report the tax authoritiesTax exempt transaction --goods issue , goods movement etc.

51 The tax type definitions determines if the base amount is: Percentage includedPercentage separate

52 The __should not be set for input tax codes Check indicator

53 To enable the automatic tax account determination you have to assign the ff Posting keysRulesTax accounts

54 Determine w/c fields acct determination is based on Tax Rules

55 Define tax accounts in field of tax category by entering: < For input tax > For output tax�

56 Must be selected if u don’t want to post tax manually Post automatically only

57 GL accts have the ff entries in tax category fields: (blank) non tax relevant"-" Posting require input tax"+" posting require output tax"*" require any tax codes"xx" predefined tax codes

58 If __selected you can post to GL acct w/o specifying tax code Posting wihtout tax allowed

59 Cash discount accts need entry in __ field if the system is supposed to post tax adjustment Tax category

60 Deliveries to Non EU countries are exempt from ___customers have to pay ___ w/c equals to _____ 1. Output tax2. Import tax3. Import tax

61 Special tax codes Acquisition tax code (post output and input tax w/ same amount)output tax code (tax exempt deliveries in EU, assign tax acct to tax code even no tax is posted

Cross company code

62 Involves 2 or more company codes in one business transaction One company code purchases for other CCOne company code pays invoices for other ccOne company code sells goods to other company codes

63 To balance Dr/Cr systems generates line items w/c are posted to Clearing account

64 Docs w/c belongs to one cross cc transaction are linked by common? Cross-company code transaction number

65 Report to display cross company code transations RFBVOR00

66 Tax

67 Tax calculated is always posted to CC of ___ First item

68 Tax must be distributed from the 1st cc to other cc according to expense account, u can do this by? RFBUST10

69 Must be defined in every CC before a cross company code transaction is carried out Clearing accounts70 Clearing accounts may be: GL, Customer or vendor71 To reduce number of clearing accounts you can use just once company code as____ Clearing company code72 Must be assigned to the clearing accounts to identify their account types Posting keys73 Doc # is a combination of the doc # of the__ First company code

Fiscal year

Real time integration

1 The ___ of controlling/accounting makes ad hoc valid reporting Real integration

2 Real time integration mostly affects the ff cases.

4 Variants

CASH JOURNAL1 Tool for managing cash that, it supports posting cash receipts and payments Cash Journal

2 Cash Journal you can: Create CJ for each currencyPost to CV Ledger accountsRun several CJ per CcodeChoose Random # for CJ (4-alphanumeric)

3 To Set up new CJ for a C.Code fields: Company code 4-Digit CJ Identification and nameGL Accounts CurrencyDocument types for: GL

Outgoing Payments to VendorIncoming payments from VendorsOutgoing/Incoming payments to customers

4 To create business transactions make the ff,. Setting Company code

Specify tax codeBT Categories: E,R,C,B - you can set indicator to enable GLBT Categories: E and R -You can set indicator to enable tax codeOnce saved--BT assigned # automaticallyyou can set indicator that blocks BT further postings

6 You can save CJ entries locally in the ____ Cash Journal Ledger

7 You can enter Cash Journal Doc with a ___ Document split

8 CJ can contain several items with diff. (1)__and/or (2) acct assignment relevant to (3)__ (1) Tax code (2) Acct Assignment (3) cost acctng

9 If you use one-time acct in the cash journal , the dialog box for entering 1-time data is called Automatically

Is not distributed between cc according, functions may only be used if not tax relevant or cc form tax taxable entity

As a result of posting between controlling objectsA change result for an accounting objectCosts are posted across company codes in cross company code cost accounting

The__for real-time integration of CO--FI are defined in customizing, these are assigned to company codes

Type of business transaction (transaction types D & K cant make entry fields

1

2345678

9

10

1112

1314

15161718

19

20

21

22

23

24

25

Need to be cleared for a transaction to be completed

A clearing transaction always creates a___When you use (1)__function enter the (2)____ and select open item to be clearedIf total amount of selected open items does not equal the amount of clearing documentYou can carry out posting with clearing transaction manually or auto using___Using __ function choose those open items from an account that balance a zeroUser can clear open items for GL or sub ledger acct with____The program group items from acct together where they have same entries in the ff:

Automatic clearing program does not clear

The system automatically fills (1) __for a line item when you post items according to (2) __ entry in Master Record

The Line item sorting in line item display and clearing functions is based on ___2 basic transaction that you can use to clear open items

Clearing credit memo with Open invoice is example of Posting a payment for an open invoice with resulting zero balance

Incoming and Outgoing Payment

A Manual Payment --Clear open items by----Manually Assigning a _____A____typically used in AR---Clear open Dr. Amount ?A____typically used in AP---Clear open Cr. Amount ?Manual Payment is processed in 3 stepsF-28 - Post incoming paymentsF-53 - Post Outcoming payments)

The Document Header consists of 3 sections:

Enter the ff. in Payment header sectio of document header:

Ender the ff. Bank data next section of document header

Enter the ff. open item selection data next section of document header

In processing open items is to (1)__the required line item before you can___(2)

Option for activating or deactivating line items and their cash discount

In order to perform Manual Cross-company code payments you have to assign a___ to combination of payingCompany code and target C

OPEN ITEMS

Clearing document(1) Posting with clearing (2) clearin document amountSystem allow you to post differencesAutomatic payment programAccount clearingAutomatic clearing programReconciliation account numberCurrencySpecial GL indicatorFive freely defince criteria

Noted itemsStatiscal posting, special GL related to B0ExDown payment if dp clearing item of the same amount alredy postdItems with W/T entries

(1) Assignment fields (2) Sort fields

Assignment fieldsAccount clearingPost clearingAccount clearingPost with clearing

Clearing documentIncoming PaymentOutgoing PaymentData entered in Document headerOpen item selectionSaved

Payment HeaderBank DataOpen item selection

Document dateDocument typeCompany codePosting Date & Posting periodCurrency codeExchange rateDate for currency translation

Account (GL acct used for incoming/outgoing payments)Total payment amountBank chargesValue date (date used to evaluate position in Cash management)text

Assignment number (created by system or manually)

Account (Acct # of business partner)Account typeNormal Open items and/or Special GL transactionPayment advice note numberOther Account (select other acct and process their open items at the same time)Addt'l selection (u can use distribute by age or automatic search, to speed up selection process

(1) Activate (2) assign a payment

Editing Options --selected items Initially InactiveDouble click amountSelection of action menus and function keys

Clearing transaction

1 Standard document splitting character

2 Payment method can be entered

3 Using document splitting we can split and display B/S items by various controlling objects

4 In Gross Procedure cash discount is accounted at the time of clearing the account

5 Standard splitting method provided by SAP is

6 Conditions for document change

7 every installment of an installment plan must have its own terms of payment

8 Steps in document splitting

9 Document splitting is activated for each client and de-activated for each company code

10 In document splitting, balance sheet line items are split according to P/L line items

11 If all posting lines must be assigned to segment or business are or profit center we have to use --Document Splitting

12 Document change rules as per

13 Basic data required for terms of payment

14 Posting key are assigned to clearing account to identify their account types15 A cross company code transaction involves at least 2 document16 Cross company code transaction may have different currency17 Document no. combination in cross company code are…. Of first C.Code

18 Conditions for Negative Posting

19 Terms of payment is copied to FI when invoice is posted in SD or PM20 No terms of payment is valid for other credit memos base line date is the due date.

Profit CenterSegmentBusiness area

In terms of paymentIn line itemsIn an account

12

Posting period should be openLine item should be openLine item a credit balance in a vendor accountLine item a debit balance in customer account

Active SplittingPassive SplittingCreating clearing lines

If all posting lines must be assigned to segment or business are or profit center we have to use --Document Splitting

Document TypeTransaction ClassCompany Code

Description Day limitAccount Type

Document numberCompany CodeFiscal year

Company Code should permit

Document type allow negative postingReversal reason should be defined