Billing Fill in your Name and Click on the Next button to start Billing mock Test Name 1. Which of the following statements is incorrect You need to post the goods issue before creating a delivery related pro forma invoice Data from pro forma invoices is not transferred to accounting Data from pro forma invoices is 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 2. 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 Copy Control 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 returns document type to be able to differentiate between the two processes 3. 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 delivery (F8) A pro forma invoice is used to pass information on to FI for cash planning purposes The pro forma invoice can be created from the order (F5) The pro forma invoice can be created from the billing document (F9) 4. Which of the following statements are true regarding billing plans? Milestone billing plan is used for plant engineering and construction where the billing dates need to be spread over several 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 Periodic billing plans 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 5. Which of the following statements are correct Sales documents types update accounting document types You can set a posting block on Billing documents and accounting documents will only be generated after the billing block has been released 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. 6. Which of the following is incorrect 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 Account determination for goods issue posting through table 30 of MM The billing document type control the texts and output The billing document type control the number assignment and the partners None 7. Which of the following statements are true? The reference field is in the Accounting document header The reference field is in the Accounting document item Allocation number is in the customer header and is used for sorting Allocation number is in the customer line item and is used for sorting 8. 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. Both the payment card data and the authorization data are forwarded when the billing document is transferred to Accounting. "The payment card data is copied to the billing document from the order. " 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. 9. Which of the following statements are true regarding billing plans? The date category can be changed in the item Billing plan types can be in the header and item levels. The following are the three type of billing plans: periodic, contractual, milestone. 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 Billing plans can be used to handle down payment functionality. 10. The system show the delivery number and sales order numbers at which level of the billing document? Header Header and Item level Item None 11. Which of the following statement is incorrect in regards to debit and credit memos In order to be created, a billing block must be removed from the reference document It can be created without reference to a previous document It can be referenced to a delivery The can be created with reference to credit memo requests and debit memo requests It can be referenced to a Sales document or to a billing document None 12. From where do the sytem determine if a transaction must update the document flow? Copy control Document type Item Category None 13. The system can determine the business area in various ways? Which of the following can be used in the derivation of the business area Shipping point Sales Area Sales organization, Distribution channel and Item Division Company code Plant and Item Division 14. "Which of the following are true regarding returns? " A credit memo cannot be created until the goods issue has been posted for the returns delivery. The inventory for returns is valuated. A return order can be created without referencing another document. Information is not passed over to accounting because of a posting block. A return order must reference another order. 15. You can change the proposed billing document type (that came from the sales document type), when you create the billing document. False True None 16. Whch of the following components do not form part of the process to set up the billing plan Item category Date description Rule for date proposal Date proposal Date category None 17. Select the incorrect statement Incoming payment dates are regulated or stipulated in an instalment plan 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 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 For every instalment a billing document will be generated 18. 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 Copy Control to differentiate between the two 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 19. Which of the following statements are correct A Sales Organization can be assigned to more than one company code A plant can only be assigned uniquely to one company code A Sales Organization can only be assigned uniquely to one company code A company code cannot have more than one sales organization assign to it 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 20. Billing Document Header contains the following Net Value of entire document Billing date Billing quantity Material number Customer number of Payer 21. The billing document consist of Item Header Only Header Schedule line Only Item 22. Each billing document requires a reference document. Mark the documents that can be used Billing document Outbound delivery Goods Receipt Sales document 23. From where does the system determine if it is order related billing or delivery related billing? Delivery document type Order Item category Delivery Item category Sales document type Billing document type None 24. 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 25. The following are functions of the billing document in the SD process. Mark the incorrect answer. Billing update the document flow and billing status Billing create billing documents for orders and deliveries Billing create documents in FI and forward data to Profitability analysis Billing do not update the credit account 26. Select the incorrect statement regarding Invoice lists Invoice list contain various billing documents and can be sent to a payer on specified days or intervals All the Billing types to be included in the invoice list must be assigned to the invoice list type Invoice list cannot be cancelled as a list. The individual billing documents need to be reversed if you want to cancel the billing list 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 update accounting & post the accounting documents for the billing documents in the list 27. 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 True False None 28. 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 29. Which of the following statement is incorrect in regards to cash sales The delivery must be created after the cash sale order The accounting entry will be blocked and must be released by the responsible employee The system automatically print the billing document (Receipt) The goods issue is posted afterwards as a separate transaction The delivery is created automatically when you save the cash sale order 30. The posting status of he accounting document can be seen on which level of the billing document? Header and Item Header Item None 31. Revenue Account Determination use the following criteria to determine the General Ledger Account. Select the correct answer Chart of accounts, Division, 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, Sales Area, 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 Chart of accounts, Division, Account assignment of the customer, Account assignment of the material, Account key None 32. Which of the following statements are incorrect You can use an invoice to refer to an order (Debit/credit memo to Invoice) 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 delivery (Return to Invoice) You can use an invoice to refer to an order and a delivery at the same time None 33. When several invoices are created for one delivery, this is known as: An invoice collection A split invoice A complete invoice An invoice split A collective invoice None 34. Which of the following documents cannot be used for a reference or allocation number for the accounting document type Goods receipt number Delivery number Sales order number Goods issue number Billing document number 35. Identify the correct answer: "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 selling price of a material is entered as master data on the functional side of SD " "The billing document created in SD is always automatically released to FI " 36. 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 Pricing elements are copied unchanged from reference document, but freight is determined again Manual pricing elements are copied, and pricing is carried out again Pricing elements are copied unchanged from reference document, but tax conditions are determined again 37. Billing list reference number does not overwrites the individual reference number in accounting. True or False True False None 38. You do not have to refer to an existing document when creating a billing document. True or False False True None 39. How does the SAP system enable you to check the reason for documents not being combined in a billing document? Control of the billing log. Control of the document flow. Using the Split analysis function in the environment menu of the billing document. None 40. 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 True False None 41. Billing Document Item contains the following Customer number of Payer Material number Billing date Billing quantity Net Value of entire document 42. Which of the following is incorrect regarding down payments used in billing plans 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 For partial and final invoices, the down payments that have been made are transferred to the billing documents as down payments for clearing Down payment can only be settled in ful Tax is determined and displayed when the down payment request is being made. Down payment can be settled in full or settled partially 43. Which of the following is examples of a Billing document type Debit, credit memo and cancellations Invoice, pro forma invoice and Invoice lists Returns, external transactions Inter-Company delivery and billing 44. 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? "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. " "The value of the agreed down payment can be stored in the header or item of the sales order. " "Billing plans are used for down payment processing. " 45. With delivery related billing the system will copy only data from the delivery False True None 46. Which of the following is incorrect 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 is assigned to a Sales organization only A Business Area represent an organizational unit for which you can carry out internal reporting A Sales organization can be assigned to only one company code A Business area can be defined for more than one company code None 47. 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. It can be changed in the billing document. The customer master is where you maintain the calendar if billing is to be done on specified dates. It is proposed automatically, but can be overridden. If using delivery related billing, the billing date is based on goods issue. 48. Which of the following statement is incorrect? 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 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 The SAP system does not allow you to include both order related items and delivery related items on the same billing document If the header partners or data are not the same, the system will automatically perform an invoice split None 49. Which of the following statements are correct Only one business area can be determined for the billing document 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 A company code represents an independent accounting unit with balance sheet and profit and loss statements as required by law A business Area reports financial information across company codes and is used for internal reporting 50. Which of the following statements about billing are incorrect? If there are several payers for one delivery, several billing document is created for each payer A transaction-specific requirement, such as "deliveries must be combined in a collective invoice" can be set to control billing Invoice dates for creating invoices at certain times are maintained in the calendar You cannot carry out pricing again during billing 51. Copy control influence the data flow from the reference document to the billing document. Which of the following is controlled at Item level Material number Quantity and pricing Reference number and Item number to be copied Foreign trade data Allocation number 52. What can be changed before an accounting document is created? Pricing date Billing value Account determination Billing date. Output determination 53. Which of the following statements are incorrect 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 The invoice correction can be created without reference to a billing document First the debit memo items is listed followed by the credit memo items. The debit memo items cannot be changed When creating an invoice correction, the items are automatically duplicated and the resulting Item categories must have opposite +/- values 54. A Business Area is a mandatory org unit that must be defined True False None 55. Billing due list can be created at what level of the sales structure? Item Division Client Sales Organization Company code None 56. 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 False True None 57. Identify the correct statement. "After creating a pro forma invoice, the postings are automatically made in the FI module. The possible reference documents are determined by billing document type. Pro forma invoices are generally needed for exports. You can create an invoice with reference to a delivery or a goods issue document. You cannot create credit memos with reference to a credit memo request. 58. 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 59. 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 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. 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. 60. With delivery related billing certain data is copied from the delivery document. Which of these are correct Ship to party, Shipping point, Plant, Incoterms Payer, shipping point, plant, Payment terms Payment terms, Payer Pricing, Payer, Payment terms, Incoterms None 61. Which of the following statements are correct 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 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 A business area must always be defined. Every company code need to have it's own set of chart of accounts None 1 out of 61 Time's up
