Professional Documents
Culture Documents
1.1
Transactions
Which function do you use to change the properties for a G/L account?
Financials Chart of Accounts
Which function do you use to remove an account from your chart of accounts?
Financials Edit Chart of Accounts
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Create an expense account.
Choose Financials Chart of Account
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Delete an account.
Choose Financials Edit Chart of Accounts.
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Check postings.
2-2-1 Display balance.
Choose Financials Chart of Accounts.
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Double-click one of the transactions and change the data in the journal
voucher entry.Choose Update. Choose OK.
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Choose Yes to the system message. Check whether the postings have been
made in the general ledger.
Choose Previous Record to display the second entry you posted to the
Journal Voucher. Choose Previous Record once more to display the
first entry you posted to the Journal Voucher.
True or False?
3-3-1
You can add a journal entry to a journal voucher only if the items on
the credit and debit sides balance.
False. You can also add journal entries to a journal voucher even if the
credit and debit sides do not balance. You do not have to balance the
journal entries until you post the journal voucher to the general
ledger.
3-3-2
True. When you post the voucher, the system posts all journal entries
in the voucher.
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3.4.2
3-5
3.5.2
Questions
1-1-1 What type of accounts do you have to reconcile internally?
Internal reconciliations are generally required for clearing accounts,
such as the Goods Receipt/Invoice Receipt account (Allocation
account). The internal reconciliation reconciles debit items with credit
items and thereby confirms that the business transaction has been
completed. Internal reconciliations are required occasionally for
business partner accounts if the account was not reconciled during
payment processing.
1-1-2 What is the difference between system reconciliation and user
reconciliation?
System reconciliation is performed by the system when you assign a
payment to an invoice. User reconciliation is performed by the user
through the Reconciliation function.
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3-3
Dunning (Optional)
3-3-1 Create an A/R Invoice with past Due Date
Choose Sales A/R A/R Invoice.
COST ACCOUNTING
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Allocate costs.
4-4-1 Choose Purchasing A/P A/P Invoice.
Choose vendor V50000. Select Service in the Item/Service Type field.
Select the expenses G/L account that you linked to the Heatco
distribution rule. Enter 500 as the amount.
Enter a Posting Date.
4.4.2
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Use Projects.
4-6-1 Define a project.
Choose Administration Setup Financials Projects.
4.7
FINANCIAL REPORTS
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