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SAP Exam C_TS4FI_2023 Topic 5 Question 9 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam
Question #: 9
Topic #: 5
[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

Contribute your Thoughts:

Solange
3 months ago
Wait, is the answer none of the above? Maybe it's when the salesperson finally stops trying to sell me something and just lets me go home!
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Page
3 months ago
C seems like the obvious choice here. The billing document is where all the financial magic happens, so that's gotta be it.
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Tiera
3 months ago
Haha, I bet the answer is A. The customer invoice is where the real action is, right? That's when the money starts flowing in!
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Emerson
3 months ago
D sounds right to me. The COGS is posted when you create the delivery document, as that's when the goods are officially delivered to the customer.
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Olive
3 months ago
I think the answer is B. The COGS posting is generated when you do the PGI, which records the goods being issued to the customer.
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Barney
2 months ago
So, the answer is B - Do PGI (Post Goods Issue).
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Keneth
2 months ago
Yes, that's correct. It happens when the goods are issued to the customer.
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Kathrine
2 months ago
I agree, the COGS posting is generated when you do the PGI.
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Rosalind
3 months ago
This question is a piece of cake! B) Do PGI (Post Goods Issue) is the correct answer. It's like asking when a chef adds salt to the dish - it's during the cooking process, not after serving it!
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Teri
3 months ago
Hmm, I'm not sure. Maybe D) Create delivery document? That's when the goods are actually shipped, so it makes sense for the COGS to be recorded then.
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Ashlee
3 months ago
C) Create billing document seems like the obvious choice here. That's when the COGS posting is generated to match the revenue from the sale.
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Coral
3 months ago
I think it's B) Do PGI (Post Goods Issue). That's when the cost of goods sold is recognized in the financial records, right?
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Altha
2 months ago
Definitely, understanding the timing of COGS posting is crucial for financial reporting and analysis.
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Ty
2 months ago
It's an important step in the sales process to accurately reflect the financial impact of selling goods.
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Refugia
2 months ago
That's good to know. I always wondered when exactly the cost of goods sold is recognized.
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Ryan
2 months ago
Yes, you are correct. The COGS posting is generated when we do PGI (Post Goods Issue).
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Alyce
3 months ago
I believe it's when we issue the customer invoice, because that's when revenue is recognized.
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Venita
3 months ago
I'm not sure, but I think it might be when we create the billing document.
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Arlene
4 months ago
I agree with Alyssa, because that's when the goods are actually leaving the warehouse.
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Alyssa
4 months ago
I think the COGS posting is generated when we do PGI.
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