SAP Exam C_TS4FI_2023 Topic 4 Question 7 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam

Question #: 7
Topic #: 4

[All C_TS4FI_2023 Questions]

You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.

What are the reasons? Note: There are 2 correct answers to this question.

AThe credit memo was entered in Financial Accounting.

BThe credit memo was created without reference to an invoice.

CThe field 'Reference' of the credit memo is blank.

DThe due date determined based on the entered payment terms is in the past.

Show Suggested Answer

Suggested Answer: A, B

by Dean at May 31, 2024, 01:17 AM

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Aide

4 months ago

I'm going with B and D. If the credit memo was created without reference to an invoice, and the due date is in the past, then the payment terms would be irrelevant. Easy peasy!

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Kayleigh

3 months ago

Exactly. So, it's important to make sure the credit memo is linked to the correct invoice and the due date is valid.

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Marisha

4 months ago

That makes sense. And if the due date is already past, then the payment terms would be ignored.

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Erasmo

4 months ago

I think you're right. If there's no reference to an invoice, the payment terms wouldn't apply.

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Ahmad

4 months ago

Ooh, this is a tricky one! I'm gonna go with B and D. If the due date is already in the past, that would definitely mess with the payment terms, right?

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Lashaunda

4 months ago

User1: Good idea, let's look into that as well.

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Dannette

4 months ago

User2: Yeah, that makes sense. Maybe we should also check if the credit memo was created without reference to an invoice.

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Polly

4 months ago

User1: I think you're right, if the due date is in the past, that could be causing the issue.

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Dante

5 months ago

I agree with Christiane. Another reason could be that the due date determined based on the entered payment terms is in the past.

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Kimbery

5 months ago

Hmm, I think the correct answers are B and C. The credit memo has to reference an invoice, and the reference field should have the invoice number or something to link it back.

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Benton

4 months ago

Yes, you're right. The credit memo needs to reference an invoice and have the reference field filled out.

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Verda

5 months ago

I think the correct answers are B and C.

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Christiane

5 months ago

I think the reason the payment terms are being ignored is because the credit memo was created without reference to an invoice.

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