Exploring Business Master Data

1.

Choose the correct answer.

To manage technical master data such as device locations and installations

To represent a person or organization with whom business relationships are maintained

To store billing documents and meter readings

To define pricing logic for utility services

2.

There are four correct answers.

A Contract Account groups multiple contracts under common accounting and invoicing terms.

Each Contract Account is linked to a unique Business Partner

Contract Accounts are used to post billing and invoicing documents

A Contract Account can only be used for one division at a time

Contract Accounts support intercompany invoicing through company code groups.

3.

There are four correct answers.

Contract links the business and technical master data via move-in process

A business partner can have several contracts

A contract service can be created in move-in process

Contract is an agreement between the business partner and utility company

Contract contains data for deregulation scenarios.

Knowledge quiz