Which of the following statements are true regarding the interaction - ProProfs Discuss
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Which of the following statements are true regarding the interaction of these two applications?
The Purchase-to-Pay business process requires a close integration between SAP MM and SAP FI.



A. The vendor involved in this process must have its master record maintained for the purchase organization and the company code in charge.
B. When creating invoice posting creates an accounting document that debits the invoice amount to the goods receipt/invoice receipt account and credits the vendor account with the same amount.
C. The vendor invoice posting creates an accounting document that debits the invoice amount to the goods receipt/invoice receipt account and credits the vendor account with the same amount.
D. When posting the goods receipt in the purchase-to-pay business process a material document is only created if the material purchased is not a consumable material.
E. Upon goods receipt, an accounting document is created that debits the valuated goods receipt to the material stock account or the consumption account and credits the goods receipt/invoice receipt account with the same amount.
F. The goods receipt/invoice receipt account is a reconciliation account that integrates the account payable with the general ledger.

This question is part of 09 Financial Accounting
Asked by Dbv_rulez, Last updated: Dec 18, 2019

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dbv_rulez

Dbv_rulez

Answered Oct 23, 2017

The vendor involved in this process must have its master record maintained for the purchase organization and the company code in charge.
The vendor invoice posting creates an accounting document that debits the invoice amount to the goods receipt/invoice receipt account and credits the vendor account with the same amount.
Upon goods receipt an accounting document is created that debits the valuated goods receipt to the material stock account or the consumption account and credits the goods receipt/invoice receipt account with the same amount.
 

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