Billing Fill in your Name and Click on the Next button to start Billing mock Test Name 1. Which of the following is incorrect regarding down payments used in billing plans For partial and final invoices, the down payments that have been made are transferred to the billing documents as down payments for clearing Tax is determined and displayed when the down payment request is being made. Down payment can only be settled in ful When the invoice is printed, the downpayment amount due for clearing will not be displayed as the clearing is carried out automatically during invoice printing Down payment can be settled in full or settled partially 2. The posting status of he accounting document can be seen on which level of the billing document? Item Header Header and Item None 3. Which of the following statements are incorrect When creating an invoice correction, the items are automatically duplicated and the resulting Item categories must have opposite +/- values The invoice correction can be created without reference to a billing document You can delete the credit and debit memos together and all unchanged pairs can be deleted at once in this way The invoice correction represents a combination of a credit and a debit memo request First the debit memo items is listed followed by the credit memo items. The debit memo items cannot be changed 4. Which of the following are valid pricing types Copy pricing elements from reference document and update scales Pricing elements are copied unchanged from reference document, but freight is determined again Pricing elements are copied unchanged from reference document, but tax conditions are determined again Pricing elements are copied unchanged from reference document Manual pricing elements are copied, and pricing is carried out again 5. Which of the following statement is incorrect in regards to debit and credit memos It can be referenced to a delivery It can be created without reference to a previous document The can be created with reference to credit memo requests and debit memo requests In order to be created, a billing block must be removed from the reference document It can be referenced to a Sales document or to a billing document None 6. You can see the document flow from the report list for orders (VA05) without having to go into the order, just by going to the menu: environment > document flow False True None 7. When you process an invoice correction and you change the quantity, the system also update the stock quantity and values in the balance sheet. False True None 8. Billing list reference number does not overwrites the individual reference number in accounting. True or False False True None 9. Which of the following statements are incorrect You cannot use an invoice to refer to an order and a delivery at the same time You can use an invoice to refer to an order and a delivery at the same time You can use an invoice to refer to an order (Debit/credit memo to Invoice) You can use an invoice to refer to an delivery (Return to Invoice) None 10. Identify the correct statement. Pro forma invoices are generally needed for exports. You can create an invoice with reference to a delivery or a goods issue document. The possible reference documents are determined by billing document type. You cannot create credit memos with reference to a credit memo request. "After creating a pro forma invoice, the postings are automatically made in the FI module. 11. Billing Document Item contains the following Billing date Customer number of Payer Billing quantity Net Value of entire document Material number 12. Identify the correct answer: "The selling price of a material is entered as master data on the functional side of SD " "An F1 billing document is created on the first day of the month. " "The Item category in the sales document will indicate to the system whether it is order related billing or delivery related billing " "The billing document created in SD is always automatically released to FI " 13. Which of the following are true regarding the billing date? If using order related billing, the billing date in the order forms the basis for the billing date. If using delivery related billing, the billing date is based on goods issue. It is proposed automatically, but can be overridden. The customer master is where you maintain the calendar if billing is to be done on specified dates. It can be changed in the billing document. 14. The system show the delivery number and sales order numbers at which level of the billing document? Header and Item level Item Header None 15. When processing a billing due list, you have the following options. Select the correct answers Order-related and delivery-related billing documents must always be created in the background. The invoice run can be carried out for delivery-related and order-related billing documents simultaneously. Order-related and delivery-related billing documents must always be created separately. For performance reasons, the invoicing run via billing due list processing can only be carried out in batch. The invoice run can be started as a simulation run. 16. Which of the following statements about billing are incorrect? Invoice dates for creating invoices at certain times are maintained in the calendar A transaction-specific requirement, such as "deliveries must be combined in a collective invoice" can be set to control billing You cannot carry out pricing again during billing If there are several payers for one delivery, several billing document is created for each payer 17. Which of the following is incorrect A Business Area represent an organizational unit for which you can carry out internal reporting When you create a new organisational unit in customising you first need to define the unit and then assign it to the relevant organizational units A Business area can be defined for more than one company code A Sales organization can be assigned to only one company code A Business Area is assigned to a Sales organization only None 18. Revenue Account Determination use the following criteria to determine the General Ledger Account. Select the correct answer Chart of accounts, Sales Area, Account assignment of the customer, Account assignment of the material, Account number Chart of accounts, Sales organisation, Account assignment of the customer, Account assignment of the material, Account key Chart of accounts, Division, Account assignment of the customer, Account assignment of the material, Account key Chart of accounts, Division, Account assignment of the customer, Account assignment of the material, Account number Chart of accounts, Sales Area, Account assignment of the customer, Account assignment of the material, Account key None 19. When several invoices are created for one delivery, this is known as: A collective invoice An invoice split A split invoice An invoice collection A complete invoice None 20. With regards to the invoice correction. Apart from the normal Item Category you will find a second Item Category proposal and another pricing type in the copy control to manage the 2 entries of an Invoice Correction False True None 21. The system can determine the business area in various ways? Which of the following can be used in the derivation of the business area Plant and Item Division Sales organization, Distribution channel and Item Division Company code Sales Area Shipping point 22. Which of the following statements are correct A company code cannot have more than one sales organization assign to it A plant can only be assigned uniquely to one company code A plant can be assigned to different "sales organiations / distribution channel" combination within the same company but can also be assigned to a distribution chain of another company A Sales Organization can only be assigned uniquely to one company code A Sales Organization can be assigned to more than one company code 23. Which of the following statement is incorrect in regards to cash sales The accounting entry will be blocked and must be released by the responsible employee The goods issue is posted afterwards as a separate transaction The delivery must be created after the cash sale order The system automatically print the billing document (Receipt) The delivery is created automatically when you save the cash sale order 24. With delivery related billing the system will copy only data from the delivery True False None 25. Which of the following statement is incorrect? With additional split requirements the copy control can be customised to define additional split criteria like, material group and the header field VBRK-ZUKRI is available for this If the header partners or data are not the same, the system will automatically perform an invoice split The SAP system does not allow you to include both order related items and delivery related items on the same billing document As a rule the system will always attempt to combine all compatible transactions in a single document Different Payment Terms per item can cause invoice split None 26. From where do the sytem determine if a transaction must update the document flow? Document type Copy control Item Category None 27. Which of the following statements are correct A pro forma invoice is generally used for local sales The pro forma invoice can be created from the billing document (F9) The pro forma invoice can be created from the delivery (F8) The pro forma invoice can be created from the order (F5) A pro forma invoice is used to pass information on to FI for cash planning purposes 28. Which of the following documents cannot be used for a reference or allocation number for the accounting document type Sales order number Goods receipt number Billing document number Delivery number Goods issue number 29. Which of the following statements are true regarding billing plans? Periodic billing plans is used for plant engineering and construction where the billing dates need to be spread over several dates Milestone billing plan is used for plant engineering and construction where the billing dates need to be spread over several dates Periodic billing plans is used for rental agreements in order to bill the amount periodically at certain dates Document flow is updated for the billing plans for the first transaction. Subsequent billing do not update the document flow Billing plans cannot be blocked for billing 30. Which of the following statements are correct A company code represents an independent accounting unit with balance sheet and profit and loss statements as required by law General ledger accounts, for company code reporting, cannot be posted by business area Business Area has a fixed assignment and it is determined per order item according to certain rules Only one business area can be determined for the billing document A business Area reports financial information across company codes and is used for internal reporting 31. Select the incorrect statement regarding Invoice lists All the Billing types to be included in the invoice list must be assigned to the invoice list type For the system to work you need to define a factory calendar to indicate on which days the invoice list must be created and this factory calender must be added to the payer's master data Invoice list contain various billing documents and can be sent to a payer on specified days or intervals Invoice list cannot be cancelled as a list. The individual billing documents need to be reversed if you want to cancel the billing list Invoice list update accounting & post the accounting documents for the billing documents in the list 32. Whch of the following components do not form part of the process to set up the billing plan Date category Date proposal Rule for date proposal Date description Item category None 33. Where the sales organisation and the plant in a document is assigned to two different companies you must immediately know that the result will be an inter-company transaction True False None 34. Billing due list can be created at what level of the sales structure? Item Division Company code Sales Organization Client None 35. With delivery related billing certain data is copied from the delivery document. Which of these are correct Payment terms, Payer Pricing, Payer, Payment terms, Incoterms Payer, shipping point, plant, Payment terms Ship to party, Shipping point, Plant, Incoterms None 36. Billing Document Header contains the following Customer number of Payer Billing date Material number Net Value of entire document Billing quantity 37. The billing document consist of Schedule line Only Header Header Only Item Item 38. A company code represents a legal entity of the business for which a set of accounts can be drawn up for the purpose of external reporting. True or False True False None 39. A plant can be assigned to a Sales organisation of another company but with the distribution channel that is in the same company as the plant. The effect of this will be an inter company transaction False True None 40. Which of the following statements is incorrect Data from pro forma invoices is not transferred to accounting You can create as many pro forma invoices as you would require, since the billing status in the reference documents is not updated Data from pro forma invoices is transferred to accounting You need to post the goods issue before creating a delivery related pro forma invoice 41. What can be changed before an accounting document is created? Billing value Account determination Output determination Billing date. Pricing date 42. Which of the following statements are true regarding payment card processing? A payment card plan, containing the card number, the card type, and the authorization data, is assigned to individual items in the sales order. "The payment card data is copied to the billing document from the order. " Both the payment card data and the authorization data are forwarded when the billing document is transferred to Accounting. When the delivery is created, a validity check is carried out for the authorization. If, for example, the authorization is no longer valid, then the authorization is automatically carried out again. 43. Which of the following statements are correct Sales documents types update accounting document types You specify in the billing document type what accounting document should be proposed for a transaction. If you leave this field blank the system will automatically propose RV doc type. You can set a posting block on Billing documents and accounting documents will only be generated after the billing block has been released 44. You can change the proposed billing document type (that came from the sales document type), when you create the billing document. True False None 45. Copy control influence the data flow from the reference document to the billing document. Which of the following is controlled at Item level Reference number and Item number to be copied Quantity and pricing Material number Foreign trade data Allocation number 46. How does the SAP system enable you to check the reason for documents not being combined in a billing document? Using the Split analysis function in the environment menu of the billing document. Control of the billing log. Control of the document flow. None 47. "Which of the following are true regarding returns? " The inventory for returns is valuated. Information is not passed over to accounting because of a posting block. A return order can be created without referencing another document. A credit memo cannot be created until the goods issue has been posted for the returns delivery. A return order must reference another order. 48. Which of the following is incorrect The billing document type control the Account determination for goods issue posting through table 30 of MM The billing document type control the Cancelation billing type and the posting block The billing document type control the Revenue Account determination The billing document type control the number assignment and the partners The billing document type control the texts and output None 49. You do not have to refer to an existing document when creating a billing document. True or False True False None 50. From where does the system determine if it is order related billing or delivery related billing? Delivery Item category Sales document type Billing document type Delivery document type Order Item category None 51. Which of the following statements are true? Allocation number is in the customer line item and is used for sorting The reference field is in the Accounting document item The reference field is in the Accounting document header Allocation number is in the customer header and is used for sorting 52. Select the incorrect statement For every instalment a billing document will be generated Settlement dates are regulated or stipulated in a down payment plan Each instalment create a seperate accounts receivable item so that each payment can be cleared against an installment Incoming payment dates are regulated or stipulated in an instalment plan Instalment payment terms must be set up in customising and you need to indicate the number and amount of the instalments in percentage and payment terms for each instalment payment 53. Which of the following statements are true regarding billing plans? The date category can be changed in the item Billing plans can be used to handle down payment functionality. Billing plan types can be in the header and item levels. The Billing plan types that is created at header level is the master plan and billing plans at item level need to be linked to the master billing plan The following are the three type of billing plans: periodic, contractual, milestone. 54. Which of the following is examples of a Billing document type Returns, external transactions Debit, credit memo and cancellations Inter-Company delivery and billing Invoice, pro forma invoice and Invoice lists 55. Each billing document requires a reference document. Mark the documents that can be used Sales document Outbound delivery Goods Receipt Billing document 56. When you have two processes where you use the same material and in the one instance you do not create a delivery for the return and in the other instance you need to create a delivery for the return. What can you do to facilitate these processes? Create another returns document type to be able to differentiate between the two processes Create another Item category so that the user can change the item category in the returns order to differentiate between the two processes Create another Copy Control to differentiate between the two processes 57. In some branches of industry, such as construction, it is common to agree upon a down payment with the customer for the manufacture and delivery of a contracted object. Which of the following statements are true? "The value of the agreed down payment can be stored in the header or item of the sales order. " "Down payment agreements for sales orders are stored in special documents " A down payment agreement can be stored as a date in the billing plan and must always be assigned to an item in the sales order. "Once the billing date in the billing plan has been reached, a down payment request is sent to the customer. " "Billing plans are used for down payment processing. " 58. A Business Area is a mandatory org unit that must be defined True False None 59. The following are functions of the billing document in the SD process. Mark the incorrect answer. Billing create documents in FI and forward data to Profitability analysis Billing create billing documents for orders and deliveries Billing update the document flow and billing status Billing do not update the credit account 60. When you have two processes where you use the same material and in the one instance you do not create a delivery for the return and in the other instance you need to create a delivery for the return. What can you do to facilitate these processes? Create another returns document type to be able to differentiate between the two processes Create another Item category so that the user can change the item category in the returns order to differentiate between the two processes Create another Copy Control to differentiate between the two processes 61. Which of the following statements are correct A business area must always be defined. Becuase of the unique assignment of the sales organisation and company code, the system will automatically derive the company code when you enter the sales organization in the sales order More than one company code can use the same chart of accounts Becuase of the unique assignment of the sales organisation and company code, the system will automatically derive the company code when you enter the sales organization in the FI document Every company code need to have it's own set of chart of accounts None 1 out of 61 Time's up
