Revenues & Payment
Your customer wants to plans and post revenues for WBS elements.
What is crucial for the implementation of revenues planning and posting for WBS elements?.
Answer : D
Revenue planning and posting for WBS elements is a function that allows you to plan and record revenues for customer projects. The crucial prerequisite for this function is that a sales order item has to be assigned to each WBS element used for revenue planning. The sales order item serves as a reference object for revenue recognition and billing. You can assign a sales order item to a WBS element in the Billing Plan tab of the WBS element master data. Reference: https://help.sap.com/docs/SAP_S4HANA_ON-PREMISE/4dd8cb7b1c484b4b93af84d00f60fdb8/79ceb65334e6b54ce10000000a174cb4.html?&version=1909.002
How can you search in the structure overview based on the user status? Note: There are 2 correct answers to this question
Answer : B, D
To search in the structure overview based on the user status, you can use either the status selection profile or the individual status as search criteria. The structure overview is a function that allows you to display and analyze various structural elements of a project, such as WBS elements, networks, activities, milestones, and so on. The structure overview also provides various search functions that allow you to find specific project objects based on different criteria, such as number, description, system status, user status, and so on. To search in the structure overview based on the user status, you can use either:
The status selection profile: This is a parameter that allows you to define a set of user statuses that can be used as a filter for searching project objects. You can create and maintain status selection profiles in Customizing for Project System under Structures Status Management Define Status Selection Profiles . You can also assign a default status selection profile to a project profile or a network profile.
The individual status: This is a parameter that allows you to enter a single user status as a search criterion for finding project objects. You can enter an individual status directly in the search dialog box of the structure overview.
You want to make sure that certain tasks must start on a given date. Where can you maintain constraints for start dates?
Answer : A
To maintain constraints for start dates, you can use activities. Activities are structural elements of a network that represent tasks or partial tasks within a project. Constraints are parameters that define fixed dates or time intervals for activities or networks. Constraints can be used to influence the scheduling of project objects and to ensure that certain deadlines are met. You can maintain constraints for start dates or finish dates of activities or networks in the project builder or the project planning board. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html
Where do you control whether a project stock is managed as valuated or non-valuated project stock?
Answer : D
To control whether a project stock is managed as valuated or non-valuated project stock, you have to maintain the setting in the material master. The material master is a set of data that defines the characteristics and properties of a material that can be produced or procured. The material master contains various views that store different types of information about a material, such as basic data, sales data, purchasing data, accounting data, and so on. In the accounting view of the material master, you can specify whether a material is relevant for valuated project stock or not by using the Valuation category field. The valuation category is a parameter that determines how a material is valuated in different stock accounts. If you select Q as the valuation category for a material, it means that the material is relevant for valuated project stock and its value is updated in Financial Accounting. If you leave the valuation category blank for a material, it means that the material is relevant for non-valuated project stock and its value is not updated in Financial Accounting. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html
How can you confirm the working hours of different work centers for a single activity?
Answer : A
To confirm the working hours of different work centers for a single activity, you can create multiple confirmations for the activity and use the appropriate work center for each confirmation. A confirmation is a function that allows you to record actual data for activities and activity elements, such as actual dates, actual durations, actual work, and so on. A work center is a parameter that defines where an activity is performed or who performs it. A work center can have various attributes, such as capacity, cost center, formulas, and so on. To confirm the working hours of different work centers for a single activity, you can create multiple confirmations for the activity and use the appropriate work center for each confirmation. This allows you to capture the actual work done by each work center separately and update their capacity requirements and costs accordingly. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/f373bb53707db44ce10000000a174cb4.html
Which organizational structures are required for network activities? Note: There are 3 correct answers to this question
Answer : A, B, D
Controlling area, plant, and company code are some of the organizational structures required for network activities. Controlling area is an organizational unit that represents a closed system for cost accounting purposes. Plant is an organizational unit that represents a location where materials are produced or services are provided. Company code is an organizational unit that represents an independent accounting entity with its own balance sheet and profit and loss statement. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html
What could be a reason to use expert mode in the valuation method for results analysis?
Answer : C
One reason to use expert mode in the valuation method for results analysis is usage of different line ID. Results analysis is a function that allows you to calculate and post values for work in process (WIP), reserves for unrealized costs (RUC), profit from sales order stock (PSOS), and so on. Results analysis uses valuation methods to determine how these values are calculated based on various criteria, such as cost of sales method, percentage of completion method, revenue-based method, and so on. Expert mode is a type of valuation method that allows you to define your own logic and rules for results analysis by using formulas and conditions. One reason to use expert mode in the valuation method for results analysis is usage of different line ID. A line ID is a parameter that identifies a line item in results analysis data. A line ID can have various attributes, such as cost element group, value category, posting indicator, and so on. By using expert mode in the valuation method for results analysis, you can use different line ID for different scenarios or requirements that are not covered by the standard valuation methods. Reference: https://help.sap.com/doc/0f069b2e08b748f1b480d4c8b46c3c49/100/en-US/6a7a9f0a6e421014e10000000a174cb4.html