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