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SAP Exam C_S4CFI_2402 Topic 1 Question 9 Discussion

Actual exam question for SAP's C_S4CFI_2402 exam
Question #: 9
Topic #: 1
[All C_S4CFI_2402 Questions]

When using the Local SAP S/4HANA Database Schema migration approach, what is the maximum file size? Note: There are 2 correct answers to this question

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Suggested Answer: A

If an incoming payment has been posted and matched to the incorrect customer account in SAP S/4HANA Cloud Public Edition, the appropriate action to correct the mistake is to reset the clearing and reverse the document. This process removes the clearing status of the payment, allowing the payment document to be reversed and corrected. This ensures that the payment is accurately reflected in the correct customer account and maintains the integrity of the financial records.

References:

SAP S/4HANA Cloud Accounts Receivable documentation

SAP Financial Accounting user guides on handling payment errors


by Bulah at Apr 24, 2024, 10:18 AM

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Clarence
1 years ago
Haha, I bet the person who wrote this question has never actually had to deal with a mismatched payment in the real world. A credit memo is the way to go, no doubt.
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Michael
1 years ago
D) Contact the customer through correspondence? What is this, the 1800s? Let's use some modern accounting techniques here, folks.
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Viva
1 years ago
Contacting the customer seems unnecessary to me.
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Florinda
1 years ago
A) Reset the clearing and reverse the document? Sounds like a lot of work just to fix a simple mistake. I'd go with the credit memo option, nice and straightforward.
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Tonette
1 years ago
B) Issue a credit memo to the customer.
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Ona
1 years ago
A) Reset the clearing and reverse the document
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Malissa
1 years ago
Changing the customer on the payment document seems straightforward.
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Christiane
1 years ago
Why not just issue a credit memo?
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Willow
1 years ago
I think 'Reset the clearing and reverse the document' is the way to go.
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Dortha
1 years ago
C) Change the customer on the payment document seems like the easiest solution. Why go through the hassle of issuing a credit memo when you can just fix it directly on the document?
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Paz
1 years ago
C) Change the customer on the payment document.
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Launa
1 years ago
A) Reset the clearing and reverse the document
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Latricia
1 years ago
C) Change the customer on the payment document.
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Elza
1 years ago
A) Reset the clearing and reverse the document
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Sue
1 years ago
I think the answer is B) Issue a credit memo to the customer. That way, you can easily correct the mistake and ensure the customer's account is properly credited.
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Armando
1 years ago
Yeah, about correcting the payment mistake?
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Viva
1 years ago
Tricky question in the exam today.
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Dylan
1 years ago
I don't think it's necessary if we reset the clearing.
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Louvenia
1 years ago
Should we also issue a credit memo to the customer just to be safe?
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Ivette
1 years ago
That sounds like a good idea. It will fix the mistake.
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Dylan
1 years ago
I think we should reset the clearing and reverse the document.
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