S4F13_EN

The SAP payment program allows you to post payment documents automatically. True. False.

Bank master records are created at the client level and can be assigned in all customer and vendor master records (BP). True. False.

If a customer is also a vendor, the payment program can clear open items between the customer and vendor accounts. True. False.

Alternate payer or payee information that is entered at the client level of the master data takes priority over data entered at the company code level. True. False.

SEPA Direct Debit is a payment instrument for making collections in different currencies throughout the SEPA region. True. False.

Which of the following steps are parts of the process of configuring the payment program?. Configure the paying company codes. Configure the payment methods for each company code. Configure the house banks. Configure the G/L account field status for document entry.

The Ranking Order screen lists the house banks and the amount of funds available at each bank. True. False.

The value date is the posting date plus the number of days until the value date. True. False.

All of the company codes in the payment run parameters must be in the same country. True. False.

Which of the following are possible reasons that an invoice would not be paid?. The invoice has a debit balance. An invalid house bank is selected. The discount period has expired. The payment amount is less than the minimum amount specified for a payment.

You can review the exception list before executing the payment proposal. True. False.

Which of the following activities does the system perform during the payment run?. The system exports a list of documents to be paid. The system makes postings to the G/L and AP/AR subledgers. The system clears open items. The system supplies the print programs with necessary data.

Documents from the payment run contain the date and identification number of the run in the document header text. True. False.

SAP digital payments add-on as a Cloud application is loosely coupled with other SAP products and is not intended to support further integration. True. False.

After you complete the dunning run, you can print out the dunning notices immediately.​. True. False.

What is the correct sequence for the four dunning program steps that can be performed during the automatic dunning procedure?. Maintain the parameters. Schedule the dunning run. Change the dunning proposal. Start the dunning printout. Maintain the parameters. Change the dunning proposal. Schedule the dunning run. Start the dunning printout. Change the dunning proposal. Maintain the parameters. Schedule the dunning run. Start the dunning printout. Change the dunning proposal. Schedule the dunning run. Maintain the parameters. Start the dunning printout.

Customers who do not have a dunning procedure in the master record are dunned using a default dunning procedure. True. False.

It is possible to dun vendors as well as customers. True. False.

Payment Methods is a key field for dunning at client and company code level in a customer or vendor master record. True. False.

Which of the following objects are relevant to the dunning program configuration?. Dunning levels. Expenses or charges. Minimum amounts. Bank selection.

You can define dunning charges for each currency. Dunning charges depend on the dunning level. True. False.

Using parameters, you can specify which documents and accounts the system considers in a dunning run for company codes. True. False.

The run date is always the date when you are supposed to start a dunning run. True. False.

Every outgoing invoice the system duns is overdue, but the system does not dun all the overdue outgoing invoices.​. True. False.

What is the maximum dunning level that can be assigned to a dunning procedure?. 1. 7. 9. 11.

You can prevent certain items from exceeding a certain dunning level by assigning dunning keys to them. True. False.

The payment terms of a credit memo usually do not apply and the due date is either the due date of the associated invoice or the baseline date of the document. True. False.

Every dunning procedure must have at least four dunning levels. True. False.

The system only duns an account if all the overdue items have exceeded the minimum days in arrears. True. False.

The dunning run updates the dunning data in the dunned items and accounts. True. False.

The system only sends a dunning notice if the dunning data changed since the last dunning run, or if Always dun? is selected. True. False.

Which of the following lists support the dunning clerk’s work?. The dunning history list. The blocked accounts list. The dunning list. The list of vendor balances in local currency.

After you create the dunning proposal, the system ignores changes to the dunning data in the items or master records in the current dunning run. True. False.

You can edit, delete, and re-create the dunning proposal as often as you need to. True. False.

Correspondence is a means to formally perform and document communication with third parties. True. False.

Payment notices are a type of correspondence with the customer. True. False.

Correspondence can — for example — be created online when you manually process payments or from the line item display. True. False.

A document has several line items, with different reason codes entered. These reason codes carry different correspondence types. For an automatic payment notice, which correspondence type does the system choose?. The one assigned to the tolerance group. The one in the first line item. The one in the line item with the largest amount. The system prompts for the user to assign one.

A customer short pays an invoice (notice: Damaged Goods). The incoming payment is posted with the reason code <i>DDG — Damaged Goods.</i> There is a correspondence type assigned to this reason code. Which correspondence type does the system choose?. The one assigned to the tolerance group. The one assigned to the reason code. The one assigned in the global settings of the Company Code. The one assigned to the document type.

Special G/L transactions are transactions in accounts receivable and accounts payable and are separately displayed in the general ledger and subledgers in most cases. True. False.

Transactions in the subledgers (for example, accounts receivable and accounts payable) are posted on the reconciliation accounts in the general ledger in most cases. True. False.

What sort of special general ledger types exist?. Noted items. Final payments. Automatic offsetting entries (statistical). Free offsetting entries. Other types.

Which of the following statements apply to the special general ledger types of noted items?. Which of the following statements apply to the special general ledger types of noted items?. The account for the offsetting entry is selected automatically. No postings are made on an offsetting account. Noted items are assigned to an alternative reconciliation account, but not posted. No zero balance check is made in the system.

For which of the following transactions can you use noted items?. Late payment. Down payment request. Vendor payment. Customer payment.

In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. True. False.

Which of the following is an example of an automatic offsetting entry?. Bank posting of a received down payment. Posting of a guarantee of payment. Down payment request.

Transaction figures are updated for down payment requests. True. False.

Which is the possible first step in the procedure of making down payments in the customer area?. Down payment request. Down payment received. Customer invoice. Clearing.

When preparing balance statements for the year-end closing, you need to enter doubtful receivables as flat-rate value adjustments. True. False.

You can post special G/L transactions from the application side using special posting keys and special general ledger indicators. True. False.

Special G/L indicators for customer and vendor down payments are configured together. True. False.

For which of the following special G/L transactions does SAP S/4HANA application not update the transaction figures?. Noted items. Customer account. Vendor account. Special general ledger account.

When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?. Creation of purchase order. Goods receipt. Invoice receipt.

During the invoice receipt step of the three-step reconciliation, a material document is created in Materials Management to update the stock. True. False.

The process flow is an instrument that you can use to view the documents belonging to a purchase order. True. False.

Where is the billing document created (in an integrated scenario)?. Financial Accounting. Sales and Distribution. Accounting. Materials Management.

A sales order creates a Financial Accounting (FI) entry. True. False.

Which functions allow you to temporarily save the entered data?. Park function. Hold function. Save function. Insert function.

Documents that the SAP S/4HANA application holds (without workflow) do not have to be complete. True. False.

You cannot supplement, check, or post parked documents at a later date. True. False.

The parking function can be utilized for dual control. True. False.

You can’t use account assignment templates to park documents. True. False.

For which of the following accounts can you park documents?. Customer accounts. General ledger accounts. Material accounts. Sales accounts.

You can post parked documents (without workflow) as standard transactions individually or using a selection list. True. False.

Identify the fields that cannot be changed while changing parked documents. Currency. Document type or document number. Company code. Account assignment objects.

The document change rules that are saved for documents posted in the SAP S/4HANA application apply to parked documents. True. False.

It is not possible to reuse the document number of a deleted parked document. True. False.

A document number is assigned based on the document type with the Hold Document function. True. False.

Which of the following statements are correct?. A company code can be assigned to several workflow variants. A task can be assigned only to one possible processor. It is possible to design multilevel workflow sequences. The same workflow variant can be assigned to several company codes.

It is not possible to apply different release procedures to different accounts receivable and payable. True. False.

The validation function can help you to check the entered values and value intervals. True. False.

Callup points are specific places in an application that specify the exact location where a validation and substitution occurs. True. False.

When you create validations, substitutions, and rules, you must assign an application area. True. False.

A validation and substitution cannot be valid for several company codes at the same time. True. False.

Identify the callup points that have been provided for Financial Accounting (FI). Document header. Controlling area. Document line. Organizational unit. Complete Document.

You can use boolean logic to define different types of logical statements. True. False.

A message can contain up to six message variables. True. False.

You can compare text patterns in your statements using the keyword LIKE. True. False.

What is the maximum number of steps possible in validation?. 99. 199. 566. 999.

If the prerequisite statement is satisfied (True), a check is performed. True. False.

Substitution permits the customer-specific enhancement (substitution) of certain field contents. True. False.

The prerequisite statement establishes which conditions must be fulfilled before the substitution can be performed. True. False.

The substitution value is a numerical value or a string of letters that replaces the value entered. True. False.

A single substitution process can replace only one value. True. False.

A rule permits complex logic to be summarized and can be reused. True. False.

To improve system performance, you should use basic or single-dimension sets rather than long lists of boolean statements or user exits. True. False.

If a boolean statement is used frequently, or if it contains complex logic, you can create a rule for this statement. True. False.

To execute cross-validation with values of different characteristics, you can use single sets. True. False.

An increasing database size means higher system load for individual database queries. True. False.

Identify the reasons for archiving data. Improving response times and ensuring good response times. Lowering the effort involved in database administration. Reducing system downtime when carrying out software upgrades, recoveries, and (offline) database backups. Using data as a backup.

Which of the following components make up an archiving object?. Data declaration part. Customizing settings. Programs. Variables.

Archiving Customizing is used to set parameters that affect how data is archived. True. False.

Identify some of the checks for archiving G/L accounts (master data). Has a deletion indicator been set?. Are there (still) documents?. Is the fiscal year closed?.

If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days. True. False.

When you archive G/L account master records, it is not possible to restrict the run. All G/L account master records are always selected. True. False.

The deletion flag is one of the requirements that the system checks before archiving the master data. True. False.