Professional Documents
Culture Documents
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Several company codes can use the same posting period variant.
In the document header, the periods assigned to the account type + are checked. This is the first
check. Therefore the account type + must be open for all periods that are supposed to be open for
any other account type.
2. Posting periods can be handled differently for different account types, that is, for a certain posting
period, postings to customer accounts may be permitted while postings to vendor accounts may not.
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At the line item level, the system checks the account type of the posting key to ensure that the period
is open for the assigned account type.
An authorization group may be assigned to the first period interval. Then, only users belonging to this
authorization group have the permission to post in the first period interval. It makes sense to use the
first range for the special periods and authorize only the accountants involved in closing to post in the
special periods.
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With the new General Ledger Accounting, a third period interval is displayed. In this interval, open
periods are stored for the real-time integration CO . FI.
The third interval is used to control whether FI postings triggered from CO really should be able to be
posted in the periods. If the third interval is not filled, the entries in intervals 1 and 2 are also valid
for these postings.
When entering a document, among other items, you enter the posting date the system automatically
determines the posting period and fiscal year based on the posting date entered.
Posting Authorization
The maximum amount is defined per company code in tolerance group. This is also where the
processing of payment differences is controlled.
In tolerance groups you can enter upper limits for the following:
Total amount per document
Amount per customer/vendor item
Cash discount a user with this tolerance group is able to grant
The currency is the local currency of the company code
Tolerance group ____ usually contains values which are meant to apply to most employees. Also if
any user is not assigned any tolerance group, same is applicable to it.
Simple Documents in Financial Accounting
The SAP Financial Accounting component uses one posting transaction for several different postings,
for example:
G/L account postings
Customer invoice postings
Customer credit memo postings
Vendor invoice postings
Vendor credit memo postings
Document Structure Contains Document Header Document Line Item Detail Tab.
Every document is uniquely identified by the following fields: Document number Company code Fiscal
year Document Header Document Line Item.
Document Structure contains two important control keys: Document Type Posting Key Line Item.
The SAP system records at least one document for every business transaction. False True.
Document Type Defines Number ranges for document numbers Account types permitted for postings
The field status of the document header fields .Document Header Text. And Reference Number.
Whether invoices are posted with the net procedure Posting Keys.
One number range can be assigned to several document types False True.
The Posting Key controls Function Within Line Item To which Account Type Line item can be posted If
the Item is posted as a debit or credit The field status of additional details Type of Document All.
Posting keys are defined at Company Code Level True False.
Link between field display options and system prefrence. HIDE, DISPLAY DISPLAY,OPTIONAL ENTRY
HIDE,REQUIRED ENTRY REQUIRED ENTRY,OPTIONAL ENTRY REQUIRED ENTRY,DISPLAY.
Field Status Groups of general ledger account define the status of every document entry field. False
True.
You have assign field status groups to the respective general ledger accounts in the general ledger
account master records at Chart of Account Level. True False.
The field status groups are summarized in one field status variant. False True.
If a document is posted to a sub ledger account, the field status group of the reconciliation account is
used. False True.
By changing the field status definitions of posting keys and the field status group, the field status can
be made transaction-dependent and account-dependent. False True.
If the user assigns the document number manually, this is _________________number assignment.
______________numbers may be alphanumeric.
Every company code may define its own document types. False.
18. Every company code may define its own document number ranges. False True.
19. At the beginning of a new fiscal year, the system always starts the document number assignment again
at the start of the number range. True False.
20. Document number ranges may overlap. True False.
21. The _________________group controls the field display during document entry.
22. Posting keys are defined at client level. False True.
23. Elements that influence the field status of document line items Field status group Posting key. Gl
Account used Account Group All.
24. Each __________________ has to have Field Status Group General Ledger Account Variant Parameter
Chart of Account None.
25. You can have as many posting periods open as desired False True.
26. By Defining the Fiscal Year Variant you may define the Open or Close Posting Period True False.
27. During closing, two period intervals must be open at the same time. Therefore, two period intervals
can be entered in the posting period table. False True.
28. Several company codes can use the same posting period variant. For all company codes assigned, the
posting periods are opened and closed simultaneously. False True.
29. What symbol is used if Posting Period Variant is used for all Account Types. "+" "/" " " "-".
30. Posting periods can be handled differently for different account types False True.
31. you enter the posting date - the system automatically determines the posting period and fiscal year
based on the posting date entered. False True.
32. The posting period variant is assigned to the _______________ company code Client Fiscal Year Variant
Business Area.
33. Posting periods are opened and closed automatically. True False.
34. The accounting manager has to define Tolerance Group for Payment controls. Upper Limit and Lower
Limit for payment amount is define here for the user False True.
35. In defining tolerance group you can enter upper limit for following Total amount Amount per
customer/vendor item Cash Discount a user with this tolerance group none.
36. In SAP ERP Definition of Tolenrance Group is limited True False.
37. 6. If users are not assigned to any special tolerance group, then entries in the tolerance group / are
valid for them. True False.
38. is used for default tolerance group False True.