Source-to-Pay (MM)
A Purchasing Info Record (PIR) is required to create a Purchase Order?
False
Purchase Requisitions can only be created manually.
False
When procuring a material for a cost center, you must have a material master record created in order to purchase.
False
What is an example of a goods movement?
Goods receipt
What are touch points for the integration between procurement and financial accounting?
Goods receipt for consumables Invoice posting
When a Goods Receipt is recorded against a Purchase Order, which of the following details are checked?
The correct material has been delivered. The correct quantity of material has been delivered. Perishable goods meet the minimum shelf-life criteria.
A purchase requisition can be created automatically from another SAP component.
True
An open item is posted to the vendor's account in Financial Accounting.
True
In the stock overview, you can also display the stock quantities for consignment material?
True
When a system is converted to SAP S/4HANA, the Material Ledger will be activated.
True
When you post an invoice, the initial journal entries in the GR/IR clearing account are cleared.
True
You can create a Purchase Requisition without a Supplier?
True
What data in the material master record connects a material to the general ledger?
Valuation class
What can be directly assigned to a company code in its master data?
Vendor
What are the master data in source-to-pay?
Vendor Info record
What master data is needed to create purchase orders?
Vendor Material
What is true regarding the documents created during a goods movement?
*A material document is created as proof the transaction caused a change in stock levels *a. Raw materials transferred within one plant will not make postings in FI *Goods movements relevant to inventory valuation will create an accounting document in addition to the material document.
What are the touch points of the integration between a purchase order and an internal order?
Account assignment Commitment management
What effect does posting a vendor's invoice have in SAP S/4HANA?
Accounting Document created Purchase Order History Updated
What documents can be created when you post an invoice for a consumable item?
Accounting document Controlling document
What is not a benefit of MRP Live?
Analyzes and performs impact analysis of the entire material flow in real time
What is the purpose of the material ledger?
Calculate statistical prices
What organizational levels do you enter data for in the vendor master record?
Client Company Code Purchasing Organization
What conditions can be used in purchasing?
Conditions in a contract Conditions in a purchasing record
What are purchasing organizations assigned to a company code or plant?
Cross-plant purchasing organization Plant-specific purchasing organization Company code-level purchasing organization
What are financial accounting impact of payment?
Debit to the vendor account Credit to the bank account Debit to accounts payable reconciliation account (automatically)
What represents the correct sequence of tasks in the source to-pay business process?
Determine requirements → vendor selection → purchase order handling→ receive goods → invoice verification → payment
Which of the following are true about purchasing consumable materials?
Inventory management on a value basis is possible Consumption update in the material master is possible
What is a touch point for the integration between procurement and accounts payable?
Invoice posting
What tasks does the system perform during the payment run?
It posts payment documents. It clears open items.
What can be assigned to a plant in its master record?
Material Info record
Which documents are compared during the invoice verification (three-way match) process?
Material document for goods receipt Vendor's invoice Purchase order
What is not a planning option for running MRP?
Multi-item, multi-level planning
Which of the following processing keys are available for the MRP run in SAP S/4HANA?
NEUPL NETCH
What items are subject to inventory management only on a quantity basis?
Non-valuated items
What are the organizational elements in the Source to Pay Process?
Plant Purchasing group
What are organizational data in source-to-pay?
Plant Storage location Purchasing organization
During the Invoice Verification process, an user can use the following documents as a reference:
Purchase Order Bill of Lading Delivery Document
What can you create a purchase order with reference to
Purchase requisition Quotation
Simplification of sourcing in S/4HANA supports which of the following sources of supply?
Purchasing contracts Purchasing info records RFQ
What are the conditions in a purchasing info record?
Purchasing organization and plant specific Purchasing organization specific
You can convert a purchase requisition to which of the following?
RFQ Outline agreement
What master data records are used in advanced planning?
Resource Location Product
Data for a purchasing info record is divided into the following categories:
The purchasing organization-specific and plant-specific data The generally applicable data for a single client Purchasing organization-specific data
What happens when you post an invoice?
They system creates an accounting document.
When is an account assignment object needed in the purchase order?
When purchasing a service When there is no material master record
In what cases do you have to enter an account assignment in a purchase order?
When you buy an item without a master record When you buy a service
Commitments on a purchase requisition are reduced at what time?
When you convert purchase requisition to purchase order