Which kind of change is possible in an existing open Delivery?
A. Changing the document date in the header.
B. Changing the quantities in the rows.
C. Adding a new row.
D. Changing the UoM code in the rows.
A company has defined the posting periods as Quarters. How often should they run the period- end closing utility?
A. They are required to run the period-end closing utility both at the beginning of each quarter and at the end of the fiscal year.
B. The period end closing utility can be run only yearly.
C. Because they defined their sub-periods as quarters, the system requires them to run the period- end closing utility at the end of each quarter.
D. Depending on their financial processes, they should run the period-end closing utility at the end of the fiscal year and optionally can run it at the end of each quarter.
You are in the project preparation phase of a customer implementation at Ruby Manufacturing. So far everything has gone to plan. Which of these could signal an unexpected project overrun?
A. The company will run the manufacturing add-on from an SAP partner that was recommended.
B. There are 15 employees who will need to work with SAP Business One.
C. You hear a rumor that two new logistics warehouses will be opening in the next month.
D. The production manager will also act as a functional lead on the project.
The implementation consultant has just demonstrated the service type purchase order to the client. The client lead is very concerned that they have to select from the entire list of G/L accounts when they create a service type purchase order. There are several accounts that the client lead can select for different types of services. What can the consultant suggest to help the client lead?
A. Define a project for each type of service, and associate a G/L account. When the client lead selects the project, the G/L account is used.
B. Add a user-defined field to the purchase order row, with a list of valid values for the short list of accounts. The client lead can choose from the short list.
C. Add user-defined values to the G/L account field in the purchase order row, with a fixed list of values containing the short list of G/L accounts. The client lead can choose from the short list.
D. Set the short list of G/L accounts as default accounts on the Purchasing tab in the G/L Account Determination.
Which transaction will typically affect ONLY the balance sheet accounts?
A. A/R credit memo
B. Outgoing payment to a vendor
C. A/R invoice
D. Period end closing utility
SG Products will go live tomorrow. The client has just done a stock count and presents the numbers to the implementation consultant. The stock is managed with the moving average valuation method. What is a best practice to ensure that the initial stock quantity is correctly valued in the new SAP Business One system?
A. Enter the initial stock quantities from the stock count using the last purchase price as the item cost.
B. Enter the quantities from the stock count using the last average price.
C. Enter the initial quantities from the stock count but do not enter a price.
D. Enter the quantities from the stock count using the actual purchase price.
What postings are made when a delivery document is created for an item controlled by the moving average method?
A. A debit to the inventory account and a credit to cost of goods sold
B. A credit to the inventory account and a debit to cost of goods sold
C. A credit to the inventory account and a debit to the customer account
D. A credit to revenue and a debit to cost of goods sold
How would a controller ensure that the company's financial reports are presented in a structured way?
A. Perform the period end closing process at the end of each financial period.
B. Change the order of the accounts in the print layout according to the company's industry and localization.
C. Periodically delete all accounts with no transactions in the last posting period.
D. Organize the chart of accounts by levels and order appropriate to the reporting structure.
When you save a sales order for inventory items, the quantity for these items increases the...
A. Available quantity
B. Committed quantity
C. Ordered quantity
D. In stock quantity
Kathryn from Yoga Accessories received a cash payment from a customer for 1200 Euro for an invoice of 2000 Euro. How should she record this partial payment in the system?
Please choose the correct answer.
A. Open the invoice document and enter 1200 Euro in the 'Applied Amount' field.
B. Check the box 'Payment on Account' to enter a partial payment.
C. Select the invoice and enter the amount of 1200 Euro in the Payment Means window.
D. Select the invoice and change the 'Total Payment' column from 2000 Euro to 1200 Euro.
