Billing

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1. Billing-Integration - The following are functions of the billing document in the SD process. Mark the incorrect answer. (a) Billing create billing documents for orders and deliveries (b) Billing update the document flow and billing status (c) Billing do not update the credit account (d) Billing create documents in FI and forward data to Profitability analysis 2. Billing Document Header contains the following (a) Material number (b) Billing date (c) Billing quantity (d) Customer number of Payer (e) Net Value of entire document 3. Billing Document Item contains the following (a) material (b) Billing date (c) Billing quantity (d) Customer number of Payer (e) Net Value of the entire document 4. The posting status of the accounting document can be seen on which level of the billing document? (a) Header (b) Item (c) Header and Item 5. A plant can be assigned to a Sales organisation of another company but with the distribution channel that is in the same company as the plant. The effect of this will be an inter company transaction (a) True (b) False 6. The system can determine the business area in various ways? Which of the following can be used in the derivation of the business area? (a) Company code (b) Sales Area (c) Plant and Item Division (d) Sales organisation, Distribution channel and Item Division (e) Shipping point 7. Which of the following statements are correct? (a) Every company code need to have it's own set of chart of accounts (b) More than one company code can use the same chart of accounts. (c) Because of unique assignment of the sales organisation and company code, the system will automatically derive the company code when you enter sales organisation in the FI document (d) Because of the unique assignment of the sales organisation and company code, the system will automatically derive the company code when you enter the sales organisation in the sales order (e) A business area must always be defined. 8. Billing-Document type - Which of the following is examples of a Billing document type (a) Invoice, pro forma invoice and Invoice lists (b) Debit, credit memo and cancellations

(c) Returns, external transactions (d) Inter-Company delivery and billing 9. You can change the proposed billing document type (that came from the sales document type), when you create the billing document. (a) True (b) False 10. Which of the following is incorrect? (a) The billing document type control the number assignment and the partners (b) The billing document type control the Revenue Account determination (c) The billing document type control the Cancelation billing type and the posting block (d) The billing document type control the texts and output (e) The billing document type control the Account determination for goods issue posting through table 30 of MM 11. Which of the following statements are incorrect? (a) You can use an invoice to refer to an order and a delivery at the same time (b) You can use an invoice to refer to an order (Debit/credit memo to Invoice) (c) You can use an invoice to refer to an delivery (Return to Invoice) (d) You cannot use an invoice to refer to an order and a delivery at the same time 12. From where does the system determine if it is order related billing or delivery related billing? (a) Sales document type (b) Delivery document type (c) Billing document type (d) Order Item category (e) Delivery Item category 13. Billing-Spec Billing type- Which of the following statements are incorrect (a)When you cancel a billing document the system copies the data from the reference document into the cancellation and offsets the entry in accounting (b) When a billing document is cancelled it resets the document status (c) When a billing document is cancelled it do not update the document flow (d) When you cancell a billing document the system copies the data of the original into the cancellation document and the cancelled document will have a "cancelled" indicator (e) The cancelation document will contain the referenced document number and the original document will have an "cancelled" indicator 14. Which of the following statement is incorrect with regards to debit and credit memos? (a) It can be referenced to a Sales document or to a billing document (b) The can be created with reference to credit memo requests and debit memo requests (c) It can be created without reference to a previous document (d) It can be referenced to a delivery (e) In order to be created, a billing block must be removed from the reference document 15. Which of the following statements are incorrect? (a) The invoice correction represents a combination of a credit and a debit memo request (b) The invoice correction can be created without reference to a billing document (c) First the debit memo items is listed followed by the credit memo items. The debit memo items cannot be changed

(d) When creating an invoice correction, the items are automatically duplicated and the resulting Item categories must have opposite +/- values (e) You can delete the credit and debit memos together and all unchanged pairs can be deleted at once in this way 16. When you have two processes where you use the same material and in the one instance you do not create a delivery for the return and in the other instance you need to create a delivery for the return. What can you do to facilitate these processes? (a) Create another returns document type to be able to differentiate between the two processes (b) Create another Item category so that the user can change the item category in the returns order to differentiate between the two processes (c) Create another Copy Control to differentiate between the two processes 17. With regards to the invoice correction, apart from the normal Item Category you will find a second Item Category proposal and another pricing type in the copy control to manage the 2 entries of an Invoice Correction? (a) True (b) False 18. Which of the following are true regarding returns? (a) Information is not passed over to accounting because of a posting block. (b) A return order must reference another order. (c) The inventory for returns is valuated. (d) A return order can be created without referencing another document. (e) A credit memo cannot be created until the goods issue has been posted for the returns delivery. 19. Which of the following statements are correct? (a) The pro forma invoice can be created from the order (F5) (b) The pro forma invoice can be created from the delivery (F8) (c) The pro forma invoice can be created from the billing document (F9) (d) A pro forma invoice is used to pass information on to FI for cash planning purposes (e) A pro forma invoice is generally used for local sales 20. Which of the following statements is incorrect? (a) You can create as many pro forma invoices as you would require, since the billing status in the reference documents is not updated (b) Data from pro forma invoices is not transferred to accounting (c) Data from pro forma invoices is transferred to accounting (d) You need to post the goods issue before creating a delivery related pro forma invoice 21. Identify the correct statement. (a) You can create an invoice with reference to a delivery or a goods issue document (b) You cannot create credit memos with reference to a credit memo request. (c) The possible reference documents are determined by billing document type. (d) Pro forma invoices are generally needed for eports. (e)After creating a pro forma invoice, the postings are automatically made in the FI module. 22. Which of the following statement is incorrect with regards to cash sales? (a) The delivery is created automatically when you save the cash sale order (b) The goods issue is posted afterwards as a separate transaction

(c) The system automatically print the billing document (Receipt) (d) The accounting entry will be blocked and must be released by the responsible employee (e) The delivery must be created after the cash sale order 23. With delivery related billing certain data is copied from the delivery document. Which of these are correct (a) Payment terms, Payer (b) Pricing, Payer, Payment terms, Incoterms (c) Ship to party, Shipping point, Plant, Incoterms (d) Payer, shipping point, plant, Payment terms 24. From where does the system determine if a transaction must update the document flow? (a) Copy control (b) Item Cateory (c) Document type 25. When processing a billing due list, you have the following options. Select the correct answers (a) The invoice run can be started as a simulation run. For performance reasons, the invoicing run via (b) billing due list processing can only be carried out in batch. (c) The invoice run can be carried out for delivery-related and order-related billing documents simultaneously. (d) Order-related and delivery-related billing documents must always be created separately. (e) Order-related and delivery-related billing documents must always be created in the background. 26. Billing-Split & Combine -Which of the following statement is incorrect? (a) As a rule the system will always attempt to combine all compatible transactions in a single document. (b) The SAP system does not allow you to include both order related items and delivery related items on the same billing document (c) If the header partners or data are not the same, the system will automatically perform an invoice split (d) Different Payment Terms per item can cause invoice split (e) With additional split requirements the copy control can be customized to define additional split criteria like, material group and the header field VBRK-ZUKRI is available for this 27. Select the incorrect statement regarding Invoice lists? (a) Invoice list contain various billing documents and can be sent to a payer on specified days or intervals (b) All the Billing types to be included in the invoice list must be assigned to the invoice list type (c) For the system to work you need to define a factory calendar to indicate on which days the invoice list must be created and this factory calendar must be added to the payer's master data (d) Invoice list update accounting & post the accounting documents for the billing documents in the list (e) Invoice list cannot be cancelled as a list. The individual billing documents need to be reversed if you want to cancel the billing list 28. When several invoices are created for one delivery, this is known as: (a) A split invoice (b) A complete invoice (c) A collective invoice (d) An invoice split (e) An invoice collection

29. Billing-Billing plans - Which of the following statements are true regarding billing plans? (a) The following are the three type of billing plans: periodic, contractual, milestone. (b) Billing plan types can be in the header and item levels. (c) Billing plans can be used to handle down payment functionality. (d) The date category can be changed in the item (e) The Billing plan types that is created at header level is the master plan and billing plans at item level need to be linked to the master billing plan 30. Which of the following statements are true regarding billing plans? (a) Billing plans cannot be blocked for billing (b) Milestone billing plan is used for plant engineering and construction where the billing dates need to be spread over several dates (c) Periodic billing plans is used for plant engineering and construction where the billing dates need to be spread over several dates (d) Periodic billing plans is used for rental agreements in order to bill the amount periodically at certain dates (e) Document flow is updated for the billing plans for the first transaction. Subsequent billings do not update the document flow 31. Which of the following components do not form part of the process to set up the billing plan? (a) Date description (b) Date category (c) Date proposal (d) Rule for date proposal (e) Item category 32. Which of the following is incorrect regarding down payments used in billing plans? (a) Down payment can be settled in full or settled partially (b) Down payment can only be settled in full. (c) For partial and final invoices, the down payments that have been made are transferred to the billing documents as down payments for clearing (d) Tax is determined and displayed when the down payment request is being made. (e) When the invoice is printed, the down payment amount due for clearing will not be displayed as the clearing is carried out automatically during invoice printing 33. In some branches of industry, such as construction, it is common to agree upon a down payment with the customer for the manufacture and delivery of a contracted object. Which of the following statements are true? (a)Down payment agreements for sales orders are stored in special documents (b) The value of the agreed down payment can be stored in the header or item of the sales order. (c) Billing plans are used for down payment processing. (d)A down payment agreement can be stored as a date (d) in the billing plan and must always be assigned to an item in the sales order. (e) Once the billing date in the billing plan has been reached, a down payment request is sent to the customer. 34. Select the incorrect statement? (a) For every installment, a billing document will be generated (b) Each installment create a separate accounts receivable item so that each payment can be cleared against an installment

(c) Installment payment terms must be set up in customizing and you need to indicate the number and amount of the installments in percentage and payment terms for each installment payment (d) Incoming payment dates are regulated or stipulated in an installment plan (e) Settlement dates are regulated or stipulated in a down payment plan 35. Billing Account Assignment - Revenue Account Determination use the following criteria to determine the General Ledger Account. Select the correct answer? (a) Chart of accounts, Sales Area, Account assignment of the customer, Account assignment of the material, Account key (b) Chart of accounts, Sales Area, Account assignment of the customer, Account assignment of the material, Account number (c) Chart of accounts, Sales organisation, Account assignment of the customer, Account assignment of the material, Account key (d) Chart of accounts, Division, Account assignment of the customer, Account assignment of the material, Account number (e) Chart of accounts, Division, Account assignment of the customer, Account assignment of the material, Account key 36. Which of the following statements are correct? (a) A company code represents an independent accounting unit with balance sheet and profit and loss statements as required by law (b) A business Area reports financial information across company codes and is used for internal reporting (c) General ledger accounts, for company code reporting, cannot be posted by business area (d) Business Area has a fixed assignement and is determined per order item according to certain rules (e) Only one business area can be determined for the billing document 37. Billing-SD/FI integration -What can be changed before an accounting document is created? (a) Billing date. (b) Pricing date (c) Billing value (d) Account determination (e) Output determination 38. Which of the following statements are correct? (a) Sales documents types update accounting document types (b) You can set a posting block on Billing documents and accounting documents will only be generated after the billing block has been released (c) You specify in the billing document type what accounting document should be proposed for a transaction. If you leave this field blank the system will automatically propose RV doc type. 39. Which of the following statements are true? (a) The reference field is in the Accounting document item (b) The reference field is in the Accounting document header (c) Allocation number is in the customer line item and is used for sorting (d) Allocation number is in the customer header and is used for sorting 40. Which of the following documents cannot be used for a reference or allocation number for the accounting document type? (a) Delivery number (b) Sales order number

(c) Billing document number (d) Goods receipt number (e) Goods issue number 41. Which of the following are true regarding the billing date? (a) It can be changed in the billing document. (b) The customer master is where you maintain the calendar if billing is to be done on specified dates. (c) It is proposed automatically, but can be overridden. (d) If using delivery related billing, the billing date is based on goods issue. (e) If using order related billing, the billing date in the order forms the basis for the billing date. 42. Identify the correct answer: (a) The billing document created in SD is always automatically released to FI (b) An F1 billing document is created on the first day of the month. (c) The selling price of a material is entered as master data on the functional side of SD (d) The Item category in the sales document will indicate to the system whether it is order related billing or delivery related billing 43. Which of the following statements about billing are incorrect? (a) Invoice dates for creating invoices at certain times are maintained in the calendar (b) You cannot carry out pricing again during billing (c) A transaction-specific requirement, such as "deliveries must be combined in a collective invoice" can be set to control billing (d) If there are several payers for one delivery, several billing document is created for each payer 44. When will the status of the delivery be "complete". Mark the correct answer (a) After the picking ad packing has been done (b) After the goods issue has been posted (c) After the billing document has been created (d) After the accounting document has been posted in FI (e) After the accounting document has been cleared with an incoming payment

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