Fi - Ar & TCS (Post Session)

In SAP, a customer will have only one code assigned to them. However, transactions can be segregated between "T" (Trading) and "C" (Controlling) businesses based on the Business Area. Therefore, the correct answer is "Business Area" as it determines the segregation of transactions for a customer between different business types.

FB70 is the correct answer because it is the transaction code used in SAP to raise a customer invoice. The other options (FB60, FB65, and FB75) are transaction codes used for different purposes such as vendor invoices, credit memos, and down payments, respectively. Therefore, FB70 is the appropriate transaction code to raise a customer invoice.

In SAP, down payment is indeed done with a special GL indicator. This indicator helps in tracking and distinguishing down payments from regular payments. It allows for proper accounting and reporting of down payments, ensuring accurate financial records.

SAP will not allow posting customers' collection in TCIL Bank under the "C" business area.

The correct answer is FBL5N because FBL5N is the transaction code used to display the customer ledger in SAP. The other options, FBL1N, FBL3N, and FBL3R, are transaction codes used for different purposes in SAP and are not relevant to displaying the customer ledger.

In SAP, one customer will not have separate customer codes for TCIL and Conv business. This means that the customer code will remain the same for both TCIL and Conv business.

The Payment Due Date in SAP is determined by using the Payment Term. The Payment Term is a predefined term that specifies the conditions and timing for payment. It includes information such as the number of days allowed for payment, any discounts or penalties applicable, and the payment method. By assigning a specific Payment Term to a transaction, SAP calculates the Payment Due Date based on the terms defined in the Payment Term. Therefore, the Payment Term is the correct answer for determining the Payment Due Date in SAP.

In one single entry, you can have a maximum of 999 line items. This means that you can include up to 999 different items or transactions in a single entry. The other options provided, such as 19, 99, and 1000, are not the correct answers as they do not represent the maximum number of line items that can be included in one single entry.

The system does not allow changing the due date during collection posting.

Journal entries cannot be directly posted to the Debtors control GL code. Debtors control GL code is used to track the total amount owed by customers, and it is updated through the posting of sales invoices and receipts. Journal entries are used to record other transactions that do not directly affect the Debtors control account. Therefore, the correct answer is False.

In some cases, customer invoices can be raised without a sales order. This typically occurs when a customer has requested a service or made a purchase without placing a formal order. In such situations, the company may still need to create an invoice to bill the customer for the products or services provided. This process is common in industries where sales orders are not always necessary, such as professional services or retail businesses.

The customer account type category in SAP is identified by using the "D" option.

Transactions related to customers posted through Spl GL will be reflected in the Alternate GL A/C. This means that any transactions related to customers that are posted using the Spl GL will be recorded and reflected in the Alternate GL A/C. The Debtors GL (Recon) A/C is not the correct answer because it is not specifically mentioned in the question. Debtors RG A/C is also not the correct answer as it is not mentioned in the question. None of the above is also not the correct answer as the correct answer is specifically stated as the Alternate GL A/C.

In customer master, the Reconciliation A/c is maintained at the Company Code Data level. This means that the reconciliation account for a customer is specific to a particular company code within an organization. The company code data includes all the financial information and transactions related to that specific company code, including the reconciliation account. Therefore, the correct answer is Company Code Data.

The Cust Ledger can be displayed only with noted items. This means that only transactions that have been marked or noted in some way will be shown in the ledger. This could include transactions that have been flagged for further review or transactions that have been specifically highlighted for some reason. By selecting this option, the user will be able to view only those transactions that have been marked as noted, providing a more focused and specific view of the ledger.