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SAP Certified Application Associate - Business Process Integration with SAP S/4HANA Sample Questions (Q60-Q65):
NEW QUESTION # 60
At which steps in the order-to-cash process are postings made to the general ledger (G/L)? Note: There are 2 correct answers to this question
- A. Posting a goods issue
- B. Saving an invoice
- C. Creating an outbound delivery
- D. Creating a sales order
Answer: A,B
Explanation:
Order-to-Cash Process: This process involves several steps from order receipt to cash collection, with certain steps resulting in financial transactions that impact the general ledger.
Steps with G/L Postings:
B . Posting a Goods Issue: When goods are issued against a sales order (e.g., from inventory to fulfill the order), it results in a decrease in inventory and an increase in cost of goods sold, which are recorded in the G/L.
C . Saving an Invoice: Upon billing the customer, revenue and accounts receivable transactions are posted to the G/L, reflecting the sales transaction's financial impact.
Implementation in SAP S/4HANA: In the SAP Sales and Distribution (SD) and Financial Accounting (FI) modules, goods issue and invoice saving are key steps that trigger automatic postings to the G/L, reflecting the financial transactions associated with the order-to-cash process.
Reference:
SAP Financial Accounting Configuration Guide
SAP Sales and Distribution (SD) Guide
NEW QUESTION # 61
When you post an accounting document, for which line item must you enter a transaction type?
- A. Asset account
- B. Tax account
- C. Customer account
- D. Material account
Answer: A
Explanation:
* Transaction Types in Accounting:In SAP Financial Accounting, transaction types are used to classify financial transactions, especially for asset transactions, to determine how they are recorded and reported.
* Use in Asset Accounts:
* Asset Transactions:Transaction types are required when posting to asset accounts to specify the nature of the transaction (e.g., acquisition, depreciation, disposal), ensuring accurate asset accounting and compliance with accounting standards.
* Implementation in SAP:In the Asset Accounting (FI-AA) module, transaction types are configured and used during asset transactions to control and record the movements and changes in asset values, supporting detailed asset management and reporting.
References:
* SAP Financials Asset Accounting Configuration Guide
* SAP Help Portal on Asset Accounting
NEW QUESTION # 62
Which action updates the costing based profitability analysis?
- A. Post goods issue
- B. Post the customer's payment
- C. Create the outbound delivery
- D. Save the billing document
Answer: A
NEW QUESTION # 63
You have created an equipment master record. What other master data record can be created automatically?
- A. Material
- B. Maintenance BOM
- C. Functional location
- D. Asset
Answer: D
Explanation:
When you create an equipment master record in SAP, it is possible to automatically create an Asset master record (C) linked to that piece of equipment. This integration allows for seamless asset management, enabling financial tracking and depreciation calculations for the equipment as a fixed asset within the organization's asset accounting processes.
* A Functional Location (A)represents the place where an equipment is installed and is not automatically created from an equipment master but rather associated with it.
* A Material (B)record represents items that can be procured, stored, and sold and is not automatically created from an equipment master.
* A Maintenance BOM (Bill of Materials) (D)details the components that make up a piece of equipment or assembly but must be created separately and then associated with the equipment.
NEW QUESTION # 64
Why would you enter your working hours using cross application time sheet (CATS)? Note: There are 3 correct answers to this question.
- A. To plan time
- B. To record overtime
- C. To confirm activities
- D. To request absence
- E. To maintain absence
Answer: B,C,D
NEW QUESTION # 65
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