Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

Material S is valuated according to the standard price procedure. You have ordered 100 pieces of material S for the warehouse, and have already posted the goods receipt for the purchase order for 100 pieces. Now you receive the invoice for the 100 pieces. Which amount is posted to the GR/IR clearing account at invoice receipt?

Choose the correct answer.

Goods receipt quantity multiplied by the standard price

Invoice quantity multiplied by the purchase order price

Invoice quantity multiplied by the invoice price

The terms of payment, 14 days 3% cash discount or 30 days net price, are flagged in an invoice. There is no default data from the purchase order (PO). How would you enter the terms of payment?

Choose the correct answer.

Go to the supplier master record and enter the terms of payment there. After you have saved the data, it is automatically copied to the current invoice.

Enter a key for these terms of payment manually during invoice entry.

Enter 14 days and 3% in the first line on the Payment tab page, leave the second one blank, and enter 30 days net price in the third line.

Which exchange rate is used to convert invoices into a foreign currency?

There are two correct answers.

If the exchange rate is fixed in the purchase order (PO), that rate is used.

The exchange rate on the day the PO was created is used. The fixing indicator is irrelevant.

If the exchange rate is not fixed in the PO, the exchange rate from the day the invoice was entered is used.

If the exchange rate is not fixed in the PO, the conversion is carried out using the average exchange rate from the date on the PO and from the current day.

You are using purchase order (PO)-based invoice verification. Your PO has two items for the same material. There are four goods receipts (GRs) posted for the first item and three GRs posted for the second item. What will the item list look like if you want to post the invoice for this PO, but do not yet have an existing invoice?

Choose the correct answer.

A line appears showing the total of all seven items.

A line appears showing the total of all GRs in the first item and another line appears displaying the total of GRs for the second item.

A line appears for each GR posting. The items posted on the same day are grouped together.

A line appears for each GR.

You enter an invoice using the MIRO transaction. What happens when you choose the Hold function?

There are two correct answers.

The existence of the supplier is checked.

An accounting document is created.

The system updates the purchase order (PO) history.

A materials management (MM) invoice document is created.

With which functions of the Invoice Verification can you park an invoice?

There are two correct answers.

App Create Supplier Invoice

Transaction Enter Invoice(MIRO)

Transaction Park Invoice(MIR7)

Which objects are relevant for the Logistics Invoice Verification?

There are four correct answers.

HR master data

Material master record

Supplier master record

Sales order

Purchase order

G/L account

With the Create Supplier Invoice app, you can enter invoices but not credit memos.

Choose the correct answer.

True

False

Which of the following statements about taxes in invoice verification are correct?

There are two correct answers.

Several tax rates can be applied in one invoice.

The tax code proposed from the purchase order item cannot be changed in the invoice.

An invoice can be posted if the tax information (tax amounts and tax codes) is correctly entered at the header level. Tax codes in the items are not mandatory.

For the Create supplier invoice - Advanced app, it is possible to define a default value for the tax code at header level.

10.

Which of the following functions are available in the invoice verification transaction MIRO?

There are three correct answers.

Table control

Hold

Message log

Personal settings

Simulate postings

Invoice Upload