What does the year-end closing program do in asset accounting? (Choose two) A. It checks whether the previous year has been closed in financial accounting. B. It checks whether assets contain errors or are incomplete. C. It checks whether depreciation…

Which postings are created by the depreciation posting run? (Choose two) A. Transfer of depreciations to cost center planning B. Year-to-date depreciation on current assets C. Postings to the depreciation accounts in the General Ledger D. Book and cost accounting…

What do you define when you set up a depreciation area? A. The asset number ranges B. The company code C. The account determination D. The posting to General Ledger

Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement? A. Tolerance groups for G/L account and tolerance groups for employees B. Tolerance groups for employees and…

Your customer sells products and services. They have to separate the invoices into invoices for products and invoices for services. Which object do you have to use to create dunning notices dependent on the division (product or service)? A. Different…

A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo. Which accounts will be used to issue credit memos? A. Payables and expense account B. Receivables and expense account C. Payables and revenue account…

You have entered a non-invoice-related credit memo and selected the term of payment "Net due 30 days". The Invoice Reference field is empty (it contains neither a document number nor a V). What effect does this have on the term…

What elements of a customer account are created when you maintain the account decentralized in Financial Accounting? A. General data and sales area data B. General data, company code data, and purchasing organization data C. General data and company code…

Your customer wants all items that are posted to their customer account to be transferred to their headquarters automatically. Which function do you have to use to fulfill this requirement? A. Receivables reclassification B. Head office and branch account C.…

You have posted an incorrect amount in Financial Accounting. How can you correct this? (Choose two) A. Change the amount in the posted document. B. Use a substitution to change the incorrect amount. C. Delete the document. D. Reverse the…