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SAP Exam C_S4CFI_2402 Topic 10 Question 21 Discussion

Actual exam question for SAP's C_S4CFI_2402 exam
Question #: 21
Topic #: 10
[All C_S4CFI_2402 Questions]

Which process in the integrated procure-to-pay process generates a balance sheet relevant financial accounting document? Note: There are 2 correct answers to this question

Show Suggested Answer Hide Answer
Suggested Answer: A, D

In the integrated procure-to-pay process within SAP S/4HANA Cloud Public Edition, the processes that generate balance sheet relevant financial accounting documents are: A. Invoice Verification: This process involves the verification of incoming invoices against purchase orders and goods receipts. The process results in the posting of liabilities to the vendor and adjustments to the corresponding expense or asset accounts, impacting the balance sheet. D. Goods Receipt: This process records the receipt of goods from a vendor into inventory, affecting inventory assets on the balance sheet. The goods receipt process increases inventory values and records the corresponding obligation to pay the vendor, impacting the balance sheet.

References:

SAP S/4HANA Cloud Procure-to-Pay documentation

Best practices for managing procure-to-pay processes in SAP


Contribute your Thoughts:

Lea
2 months ago
Material requirements planning? More like material requirements daydreaming if you ask me.
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Doyle
1 months ago
B) Purchase order creation
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Laurel
2 months ago
A) Invoice verification
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Isidra
2 months ago
Purchase order creation? Sounds like a great way to rack up a bunch of debt and call it a day.
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Delila
2 months ago
Goods receipt? Seriously? That's like trying to file your taxes after you've already spent the money.
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Chan
1 months ago
Yes, you're right. Goods receipt is also one of the correct answers.
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Eleonora
1 months ago
I think invoice verification is the correct answer.
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Rebbeca
1 months ago
D) Goods receipt
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Ronna
2 months ago
A) Invoice verification
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Bettyann
3 months ago
Invoice verification is definitely one of the correct answers. It's like the grand finale of the procure-to-pay process!
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Refugia
2 months ago
Good to know! Both invoice verification and goods receipt are key steps in the integrated procure-to-pay process.
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Amalia
2 months ago
Yes, that's correct! Another process that also generates such documents is goods receipt.
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Mozell
2 months ago
Invoice verification is crucial for generating balance sheet relevant financial accounting documents.
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Lindsey
3 months ago
I'm not sure, but I think D) Goods receipt also generates a balance sheet relevant financial accounting document.
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Weldon
3 months ago
I agree with Katina, because invoice verification is where the financial document is matched with the goods received.
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Katina
3 months ago
I think it's A) Invoice verification.
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