cancel
Showing results for 
Search instead for 
Did you mean: 

Need your help on these 4 doubtful FI Questions

Former Member
0 Kudos

Question#1:

Which of the Following statements about automatic payment are correct ?

a. In automatic payment procedures, all incoming invoices as of the second dunning level are paid automatically

b. Direct debiting or bank collection can be used in automatic payment procedures to clear customer invoices

c. Open items posted to G/L accounts can be cleared using the payment program

d. Special G/L transactions(down payment)can be posted using the payment program

e. The payment program can pay vendor invoices using wire transfers and checks

Question #2:

. Imagine the following scenario:A company wants to execute a payment run on a daily basis and process several company codes at the same time. If the amount exceeds US$ 1000, the vendors are to be paid by bank transfer, amounts less than US$ 1000 are to be paid by check. The customer has two house banks and wants all checks to be processed by bank A and all¡¦

a. You store variants for print programs within customizing. Here you can specify that the information is to be output to a data carrier

b. You specify, per house bank, whether payments are to be made by check only or also by transfer

c. You specify the payment method from within the application,in the master record

d. The payment proposal of the automatic payment program can only be displayed

e. You can precisely schedule the print program from within the application

Question #3: According th which criteria does the payment program determine and select open items:

a. posting date and baseline date

b. document date and posting date

c. baseline date and payment terms

d. posting date and cash discount periods

e. posting date and payment terms

Question #4:

where are posting periods defined? (SINGLE) -

-


a. Posting period variant

b. Fiscal year variant

c. Field status variant.

d. Closing period variant.

Accepted Solutions (0)

Answers (3)

Answers (3)

dominic_holdstock
Active Contributor
0 Kudos

Hi,

Q3- None are precisely correct.

The date criteria are :-

Actual Date entered into SAP (Parameter for payment run)

Date of next payment run (Parameter)

Payment terms

The baseline date is usually defined / defaulted within the payment terms, only in the case where it is not default or manually changed is it relevant.

Former Member
0 Kudos

Hi

in q#1 D is also correct. You can cofig special G/L transaction in FBZP ( All company code Step )

pushkaraj

Former Member
0 Kudos

Salaam Anwer,

Question #1

Which of the Following statements about automatic payment are correct ?

Ans: B,E are correct

Question#2

B,C( I think, need to double check)

Question#3

A

Question #4

A, and should be assigned to company code.

Hope this helps

If helpful, pl assign points

Regards

Imran Mirza