FI-AUTOMATIC PAYMENT PROGRAMME&DUNNING


1. Select the correct statement from the given statements.
a. while creating cust/vendor master record with reference the general data& co.cd will n be copied into the new master data.
b. We generally can change the account group of the vend/customer master if required.
c. if we are using sales module we can change the group in case of defining partner roles.
d.. the field status of the cust/vendor master record can be controlled with any specific level if required.

2. select the true statements.
a.IBAN account is used to process the automatic payments through the automatic payment programme.
b.if you set the vendor is customer, the incoming invoices will be cleared against out going invoices automatically.
c.we can assign the alternative payee details in general data of the master record.
d. Creation of master record is mandatory for alternative payee/payer in sap r/3 system.

3. state the right statements from the following.
a. in sap enjoy screen of the customer/vendor can find the details of the house bank .
b. we can post the transactions in complex transaction screen from the sap enjoy screen itself.
C.vendor line items can control the payment currency of the transaction if required.
D.automatic payment programme generally used for vendor payments, and no case permits to clear the customer payments.
e.payment method forms generally common for all company codes.
d.tolerance days in the payment programme will automatically extends the due date, however, the cash discounts will not be covered during the tolerance days.

4.select the correct statements from the given statements.
a.payment method supplants are used as an additional payment methods for app.
b.during the app the user can not control the bill of exchange payments, the system considers automatically.
c.payment method is to be configured at least one level of creation to consider the automatic payment programme.
d. while defining the payment method we however define the document type, otherwise the system considers the default document type automatically.

5.select wrong statements from the following.
a.we can not allow the payment method for other than local currency.
b.we can issue a cheque manually irrespective of the maximum and minimum amounts set in the automatic payment programe.
c.we can control the payments through app basing the customer/vendor postal codes.
d.rankingorder setting is based on the payment method and house bank and currency only

6. Select the correct statements.
a. the payment method can be restricted to specific currency during the specification of ranking order set up.
b.generally the available amounts will be updated with each payment run.
c. while determining the value date generally we follow the payment run posting data +no. of days for value date.
d.generally the app can not consider the bank charges, we need to debit or credit separately.

7.select the correct statements.
a. the run date must always the posting date only,
b. generally the identification number is used to differentiate the programme runs with different run dates.
c.we can not control the documents to be processed during the automatic payment programme.
d.the posting date is commonly used as the run date to identify the programme only.

8.select the correct statements.
a. during the automatic payment execution programme multiple company codes are independently to be mentioned in the programme only.
b.company codes which are belongs to same group can be included in the payment run though they are operating from different countries.
c.payment methods defined for any country code can be used in the app.
d.the parameters controls the open items which are to be paid.

9.select the correct statements.
a. the system selects the open items to be paid during the payment proposal only,
b.edit payment proposal is mandatory for each payment run.
c.system generates two lists i.e., exceptional list and payment list during the payment run.
d.during the payment programme we can group the payment basing on the certain selections or exclude certain documents from the payment run.

10.select the correct statements from the following.
a. exceptional list documents are need to be deleted from the programme.
b.users can specify whether the payment block can be removed when payments are processed.
c.during the edit proposal is completed also, we can make the manual clearing in the vendor account in exceptional cases.
d.payment run only blocks the accounts from being paid manually.

11.select the true statements.
a. payment run will create the postings and update the general ledger .
b.tax adjustments, cash discounts, exchange diff accounts are also updated during the payment run.
c.we can restrict the open items to be cleared during the payment run if required.
d.the bank sub accounts up dation will automatically makes the bank reconciliation .
12. Select the correct statements.
a. the document header text column will automatically updated with run date and identification number for app documents.
b. the check cashing time mentioned in master records over rides the value date mentioned in the app customization.
c.bank postings can be made based on the business area.
d.print programme need not be assigned to payment media while customization of app.

13. Select the right statements.
a. we need individual payment runs for house bank and currency wise for optimization of the performance of the automatic payment programme.
b.print programes are assigned to the payment media while customization at country level.
c.print programme is identies the check lots and house banks and print the checks for documents paid through payment run.
d.automatic payment progrmme identifies any type of check lot for the payment programme.

14.Correct statements are to be identified from the following.
a. a payment method can be used only if it is entered in the master records.
b.a payment proposal can be deleted, recreated, and edited as often as necessary.
c.exceptional list is not a part of payment proposal.
d. automatic payment programme is to be executed once in a day with the same id number.

15. Choose correct statements
a. payment run will not run for credit balances of the vendor, if vendor account having debit balances in it.
b. schedule manager will consider the automatic payment process at repeated intervals.
c. during the dunning process the printing of notices and up dation of master records will be done automatically.
d.customers without dunning procedures will also dunned with default dunning procedures.

16.Select the correct statements in respect of dunning.
a. one time vendors can not be included in the dunning proposal.
b.dunning procedure for vendor can not be used for customers.
c.generally the dunning procedures can not considers the down payments, however considers the standard open items only.
d.dunning procedures can not be created by coping from other procedures, because it is a company code specific requirement.
17.select the correct statements.
a. during the dunning intervals the programme generally will not considers the new open items due during this interval period.
b.we can apply the interest to the over accounts through the dunning procedure programme at the request of the client.
c.minimum days arrears in account are must for selection of overdue items for dunning programme.
d.the line items without grace period, will automatically dunned during the dunning programme despite the grace periods mentioned in the dunning programme.

18.select the correct statements.
a. payment deadline is the final notice in dunning programme.
b.dunning charges are always considers by the programme as local currency specific
only.
c. dunning charges mentioned in the programme as fixed charges or percentage of charge, however the programme considers lower of the two only.
d.we can not configure the over dues items to be included for dunning programme but can not be charged with any dunning charges.

19.state the correct one from the following.
a.dunning procedure is at company code level only, can not be created within the company code level.
b.dunning key controls the dunning levels in the procedure.
c. dunning parameters specify the accounts and documents to be considered for the dunning run.
d.edit dunning run is must before printing the dunning notices

20.specify the true or false from the following.
a.every dunned items must be over due but not every overdue item need not be dunned.
b.dunning procedures can be defined with any number of dunning levels during the implementation of the project at the specific request of the client.
c.payment reminder contains different dunning levels.
d.dunning levels of the dunning run can be decided during the dunning run basing on the no. of days arrears.

21.state the correct statements in respect of dunning not being made.
a. account line items are not overdue as per the days set as minimum days in the account.
b. dunning blocks were set in the line item level
c.incoming payments with payment method are there in the line items.
d.the due date for the credit items generally takes from the invoice only otherwise it is base line date for credit memos.

22.select the correct statements from the following in respect of dunning proposal edit options.
a. dunning proposal can be edited and removed some accounts from the proposal
b.the changes made in the documents during the proposal can automatically considers for the is proposal
c.the dunning level can not be changed in the master records and documents.
d.dunning notices sent to one time customers can not update the records any where.
23. State the correct statements from the following.
a. cross company code dunning can not be possible in one dunning run.
b.customers in different company codes dunned with different notices during the dunning.
c.in order to run the cross company code dunning we need to specify all company codes in the parameters of the dunning programme.
d.dunning blocks and dunning keys will be applicable from the first company code for all company codes.
e. dunning notices are always printed in any currency specified in the dunning programme.

24. Identify the correct statements from the following.
a. balance interest calculation is applicable to only general ledger balances only.
b. time based terms set the validity dates and relationships with interest rates.
c. every master record in sap R/3 should have its interest indicator to calculate the interest.
d. the system will automatically pick the interest rates from the interest indicator.

25. Select the correct statements.
a.void of checks automatically reverses the payment document.
b.lock box functionality is used to improve the collection process of the customers.
c. the account currency of the general ledger account and house bank account currency may some times similar.
d.bank master data is created at company code level.

26. Choose the correct statements.
a.we can define as many financial statement versions as you require for the project.
b.a financial statement version consists of 9 levels only.
c. drill down reporting is a tool used to analyze the general ledger and financial statements also.
d. drill down reports contains generally characteristic values and key figures.

27. Select the true statements.
a.balance confirmation programme automatically creates the balance confirmation and reply slip also.
b.through the foreign currency valuations we can valuate the open items of customer and vendor only.
c.foregin currency valuations automatically update the line items with new values.
d.foregin currency valuations can be done on the basis of specific exchange rate type on the key date.


28. Choose the correct statement in respect of foreign currency valuations.
a.valuation procedure is always fixed on the key date
b. fc valuation can be done for gl valuation group wise also.
c. foreign currency valuation programme automatically reverse the valuations on the next day of key date.
d.fc valuation can only be done corporate group wise only in respect of customer/vendors.
e.valuation method contains parameters for valuation and parameters for exchange rate determinations.
f. exchange rate differences can be posted by using exchange diff key mentioned in the gl master record.

29. Select the correct statements.
a. individual value adjustments are posted through special general ledger concept only.
b.regrouping functionality is used only to classify the receivable/payables basing on the tenor wise.
c.cost of sales accounting needs the activation of functional area.
d.cost of sales ledger is maintains the data relating to functional area.

30. Choose true or false statements.
a. balance carry forward programme can be performed as often as we want.
b.in the schedule manager task list provides the task types to be executed on the day in different ways,.
c.a recurring document can be used to post the accruals and deferrals.