SAP Certified Application Associate - SAP Business One 8.8 Sample Questions:

1. When entering a document, which date sets the appropriate sub-period for posting the transaction?

A) The journal entry posting date
B) The journal entry reverse date
C) The journal entry document date
D) The journal entry due date

2. Top Toys defined their sub-periods as months. How often should they run the period-end closing utility?

A) Because they defined their sub-periods as months, the system requires them to run the period-end closing utility at the end of each month.
B) They are required to run the period-end closing utility both at the end of each month and at the end of the fiscal year.
C) Depending on their financial processes, they should run the period-end closing utility at the end of the fiscal year and also can run it at the end of each month.
D) Depending on their financial processes, they can run the period-end closing utility at the end of each month and also at the end of each quarter.

3. SG Products will go live tomorrow. The A/R and A/P balances need to be transferred from the legacy system. How should the implementation consultant proceed to ensure that the A/R and A/P control accounts are correct and up to date in the new system?

A) Import the open invoice balances for each individual business partner. The control accounts will then be correct.
B) Copy the A/P and A/R account balances from the legacy Balance Sheet. The control accounts will then be correct.
C) Copy the balances from both the Profit and Loss and the Balance Sheet legacy accounts so that the control accounts are correct.
D) Import all open sales and purchase orders from the legacy system. The control accounts will then be correct.

4. SG Products will go live tomorrow. The client has just done a stock count and presents the numbers to the implementation consultant. The stock is managed with the moving average valuation method. What is a best practice to ensure that the initial stock quantity is correctly valued in the new SAP Business One system?

A) Enter the quantities from the stock count using the last average price.
B) Enter the initial quantities from the stock count but do not enter a price.
C) Enter the initial stock quantities from the stock count using the last purchase price as the item cost.
D) Enter the quantities from the stock count using the actual purchase price.

5. The implementation consultant has just demonstrated the service type purchase order to the client. The client lead is very concerned that they have to select from the entire list of G/L accounts when they create a service type purchase order. There are several accounts that the client lead can select for different types of services. What can the consultant suggest to help the client lead?

A) Add a user-defined field to the purchase order row, with a list of valid values for the short list of accounts. The client lead can choose from the short list.
B) Add user-defined values to the G/L account field in the purchase order row, with a fixed list of values containing the short list of G/L accounts. The client lead can choose from the short list.
C) Define a project for each type of service, and associate a G/L account. When the client lead selects the project, the G/L account is used.
D) Set the short list of G/L accounts as default accounts on the Purchasing tab in the G/L Account Determination.

Solutions: