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SAP Exam C_TS4FI_2023 Topic 2 Question 11 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam
Question #: 11
Topic #: 2
[All C_TS4FI_2023 Questions]

In the standard sales process, when is the COGS posting generated in Financial Accounting?

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Suggested Answer: B

by Lamonica at Jul 15, 2024, 01:54 AM

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Emogene
3 months ago
I'm going with option B. The PGI is where the rubber meets the road, so to speak. That's when the COGS should be posted, no doubt about it. (Unless it's a special sale, then it's posted when the customer gets the goods - with a side of fries and a shake, of course!)
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Corinne
2 months ago
Yes, the COGS should definitely be posted during the PGI.
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Nan
2 months ago
I agree, the PGI is a crucial step in the sales process.
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Gracia
2 months ago
I think option B is correct. That's when the COGS posting is generated.
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Merilyn
3 months ago
This is a tricky one, but I'm pretty sure the COGS posting is generated when we do the PGI. It's the point where we officially mark the goods as 'sold', so that makes the most sense to me.
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Fallon
3 months ago
Hold on, I thought the COGS posting happened when we create the delivery document. After all, that's when the goods actually leave our hands, so that's when the cost should be recognized.
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Aleta
2 months ago
I remember learning that it's when we create the delivery document.
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Anisha
2 months ago
No, I'm pretty sure it happens when we issue the customer invoice.
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Mica
2 months ago
Really? I always thought it was when we create the billing document.
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Sherita
2 months ago
I think the COGS posting is actually generated when we do PGI (Post Goods Issue).
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Mitzie
3 months ago
I agree with Lashaunda, because that's when the revenue is recognized.
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Paz
3 months ago
Hmm, I'm not so sure. Isn't the COGS posting usually done when we create the billing document? That's when the actual sale is recorded, isn't it?
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Hyman
2 months ago
Actually, the COGS posting is done when we issue the customer invoice. That's when the revenue is recognized and the cost of goods sold is recorded.
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Frederica
2 months ago
No, I believe it's when we create the delivery document. That's when the goods are ready to be shipped out.
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Lovetta
2 months ago
I think the COGS posting is actually generated when we do PGI (Post Goods Issue). That's when the goods are actually delivered to the customer.
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Lashaunda
3 months ago
I think it's actually created when we create the billing document.
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Meaghan
3 months ago
I disagree, I believe it is generated when we do PGI (Post Goods Issue).
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Norah
3 months ago
I think the COGS posting is generated when we do the PGI. That's the logical step after issuing the customer invoice, right?
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Carlton
3 months ago
That's right. It is done after the PGI process in the standard sales process.
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Pearline
3 months ago
Yes, you are correct. The COGS posting is generated when we do the PGI.
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Halina
4 months ago
I think the COGS posting is generated when we issue customer invoice.
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