SAP Cert Chapter 10 Flashcards
18 Questions
100 Views

SAP Cert Chapter 10 Flashcards

Created by
@ReputableTangent4657

Questions and Answers

Which of the following fields in the material master record govern stock valuation? (There are two correct answers.)

  • Price control indicator (correct)
  • Purchasing value key
  • Material price group
  • Valuation class (correct)
  • When you configure the organizational structure of your company, you must create and assign valuation areas.

    False

    The company code is not relevant for account determination if the valuation level corresponds to the plant.

    False

    You want to valuate your materials according to different procedures for each plant; however, you want to have a common account determination across all plants. How can you achieve this? (There are two correct answers.)

    <p>You activate the valuation grouping code and assign the same valuation grouping code to all plants.</p> Signup and view all the answers

    What is the name of the field with which you can restrict the possible valuation classes per material type or group of material types?

    <p>Account category reference</p> Signup and view all the answers

    Which of the following factors can influence automatic account determination? (There are three correct answers.)

    <p>Material via valuation class</p> Signup and view all the answers

    Which of the following statements apply to the value string? (There are two correct answers.)

    <p>The value string contains transaction keys.</p> Signup and view all the answers

    Which of the following postings are relevant for automatic account determination? (There are two correct answers.)

    <p>Transfer posting from consignment stock to own stock</p> Signup and view all the answers

    At which levels can you assign a valuation class to a material? (There are two correct answers.)

    <p>Valuation area</p> Signup and view all the answers

    The general modification is not activated for the procedure BSX (inventory posting) by default but could be activated if required.

    <p>False</p> Signup and view all the answers

    You work with planned delivery costs. Where is the offsetting entry being posted?

    <p>On an account determined via a transaction key from the calculation schema</p> Signup and view all the answers

    When you create a purchase order item with account assignment, the system only determines a default account if you have specified a material number.

    <p>False</p> Signup and view all the answers

    Which transaction key is used to determine the default account for purchase order items with account assignment?

    <p>GBB</p> Signup and view all the answers

    To which objects is an account category reference assigned? (There are two correct answers.)

    <p>Material type</p> Signup and view all the answers

    Which key determines the criteria for dividing the stocks of a material by value within a valuation area?

    <p>Valuation category</p> Signup and view all the answers

    All materials that are subject to split valuation can only be split valuated according to the same criterion.

    <p>False</p> Signup and view all the answers

    It is possible to have some accounts determined per valuation area (valuation area grouping code), but other accounts are determined independently of the valuation area.

    <p>True</p> Signup and view all the answers

    Which of the following statements apply to the split valuation? (There are three correct answers.)

    <p>You must specify which valuation categories can be used in a valuation area.</p> Signup and view all the answers

    Study Notes

    Stock Valuation in SAP

    • Valuation class and price control indicator are key fields in the material master record that govern stock valuation.
    • Price control determines if valuation is based on standard price or moving average price.
    • Material Price Group is relevant for sales only; purchasing value key provides defaults for purchase orders.

    Organizational Structure Configuration

    • Valuation areas do not require the creation of additional units; the level is defined as either company code or plant.
    • The company code is critical for account determination as it contains the chart of accounts.

    Account Determination and Valuation Levels

    • Common account determination across multiple plants can be achieved by either deactivating the valuation grouping code or assigning the same code to all plants.
    • The account grouping code restricts possible valuation classes; it is not related to the valuation area.

    Influencing Factors on Automatic Account Determination

    • Automatic account determination is influenced by factors such as transaction via transaction key, material via valuation class, and valuation area via grouping code.
    • The value string, which contains transaction keys, is automatically determined by the system based on supplied and system-derived parameters.

    Postings Relevant for Automatic Account Determination

    • Transfer postings between plants and from consignment stock to own stock generate accounting documents, triggering automatic account determination.
    • Postings within a plant that do not create accounting documents are not relevant for automatic determination.

    Valuation Class and Assignment

    • Valuation classes for materials can be maintained at the valuation area level and for materials with split valuation at the valuation type level.
    • The account category reference restricts valuation classes for material and valuation types.

    Valuation Category and Split Valuation

    • Valuation category determines the criteria for dividing material stocks by value in a valuation area.
    • Split valuation allows individual criteria assignment to split-valuated materials, which can vary by valuation area.

    Transaction Key and Account Assignment

    • The transaction key GBB is employed to determine default accounts for purchase order items with account assignment.
    • The general modification option for account determination procedures differs among transaction keys; it isn't universally applicable.

    Key Facts about Split Valuation

    • Split valuation allows for separate stock valuations according to defined valuation categories, applicable to both batch-managed and ordinary materials.
    • Scope for using both standard and moving average prices exists, although moving average is mandatory at the valuation area level.

    Studying That Suits You

    Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

    Quiz Team

    Description

    Test your knowledge on valuation and account determination in SAP with these flashcards. Focus on key fields like valuation class and price control indicator that influence stock valuation. Challenge yourself and enhance your understanding of SAP materials management!

    Use Quizgecko on...
    Browser
    Browser