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1. Tiny Toys reports the financial statement to the company headquarters once a year. They manage internal controlling at the end of each quarter. How would you recommend they set the posting periods in SAP Business One?
A) Define the main posting period as the fiscal year and the sub-periods as quarters.
B) Define the main posting period as quarters with no sub-periods.
C) Define the main posting period as the quarter and the sub-periods as months.
D) Set the fiscal year to quarters and define the sub-periods as days.
2. The implementation consultant is defining the chart of accounts for Green Studios. James, the CEO of Green Studios, asks what the consultant will do to reflect his customer's transactions in the chart of accounts.
A) Add an accounts receivable control account to the assets drawer
B) Add an accounts receivable control account to the cost of sales drawer.
C) Add an account for each customer in the assets drawer.
D) Add all customer accounts as business partner master data.
3. Ruby Manufacturing has 30 sales employees who will use SAP Business One in a similar way. What is the most efficient way to design general authorization permissions for the functionality required by these employees?
A) Define the general authorizations needed for the role and set this role as a default in the user accounts for the sales employees.
B) Define the employees as sales employees/buyers in SAP Business One. They will automatically receive the same general authorizations.
C) Make a list of the modules and functions that one of the employees needs to use. Assign general authorizations to match this list, and copy the authorizations to the other users.
D) Assign Limited CRM license types to the sales employees. This will automatically set the general authorizations for sales employees.
4. Mary from BBK computers wants to pay one of her vendors. She opens an outgoing payment document and chooses the vendor code. One of the A/P Invoices is marked with an asterisk (*). What does this mean?
A) A partial payment has already been posted for this invoice.
B) An A/R Credit Memo has been entered for the invoice.
C) The invoice due date is earlier than or equal to the current date.
D) The invoice due date is later than the current date.
5. The client wants to continue the numbering of invoices from the legacy system, so that there are no gaps in the numbering. Additionally, sales quotations are issued by multiple employees, and the numbering of sales quotations should continue for each employee. How can both these requirements be implemented in SAP Business One?
A) Using the document settings function, set one document numbering range for invoices, and multiple ranges for sales quotation documents.
B) In each user account, set the first and last document numbers for each document type.
C) Set the first number for each type of document using the document numbering function.
D) Set the first invoice number using the document numbering function. In the same function create multiple numbering series for sales quotations.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: D |
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