Knowledge quiz

It’s time to put what you’ve learned to the test, get 7 questions right to pass this unit.

Which field can be set in the "All Company Code Settings" for the Automatic Payment Run?

Choose the correct answer.

Paying Company Code

Bank Account

IBAN Number

Payment Method

Which field can be set in the "Paying Company Code Settings" for the Automatic Payment Run?

Choose the correct answer.

Bank Subaccount

Currencies Allowed

Clearing Document Type

Minimum Amount for incoming payment

Which of these statements about payment methods in the Automatic Payment Program are correct?

Choose the correct answer.

Payment methods can be used in a company code even if they are not available in the corresponding country.

Payment methods can be used in a company code only if they are available in the corresponding country.

Payment methods can only be used for outgoing payments.

A payment method can only be configured with cross-company code for the Automatic Payment Program.

What master data is required when using the payment method check for automatic payment runs?

Choose the correct answer.

IBAN Number

SWIFT Code

Street, P.O. box or P.O. box postcode

Bank Account Number

What parameters can be entered under the Payment Controls section for the Automatic Payment Run?

Choose the correct answer.

Additional log and Exchange Rate Type.

Company Code, Next Payment Date and Payment Method.

Supplier and Customer

Posting Date, Docs. Entered Up To and Customer Items Due by.

What is the purpose of the "necessary information in the master record" setting for a payment method?

Choose the correct answer.

To determine the document type for payment.

To ensure that the necessary data, such as bank details for address data, is included in the respective master data for the payment method.

To define whether the payment method can be used for outgoing or incoming payments.

To specify the classification of the payment method, such as bank transfer, check, or supplier financing.

Which field can you set in the "Payment Methods per Company Code" for the Automatic Payment Run?

Choose the correct answer.

Sending Company Code

Max. Cash Discount

Payment Advice Notice Control

Minimum Amount for Outgoing Payment

Which settings are made in connection with the ranking order in the bank selection for the Automatic Payment Run?

Choose the correct answer.

Payment Method, House Bank Account, Amount Limit, Ranking Order

Currency, Ranking Order, G/L Account, Company Code

Ranking Order, Account ID, Company Code, Currency

Payment Method, Currency, Ranking Order, House Bank