SAP Exam C_S4CFI_2504 Topic 9 Question 6 Discussion

Actual exam question for SAP's C_S4CFI_2504 exam

Question #: 6
Topic #: 9

[All C_S4CFI_2504 Questions]

When processing payments, what are possible functions of reason codes?

Note: There are 3 correct answers to this question.

ACreate a sales order

BAutomatic posting of a residual item to a specific G/L account

CControl of the account where a residual item is posted

DControl of the type of payment notice sent to a customer

EGenerate payment reminder

Show Suggested Answer

Suggested Answer: B, C, D

Comprehensive and Detailed in Depth Explanation:

Reason codes in SAP S/4HANA Cloud Financial Accounting are used to handle payment differences and automate related processes.

B: Correct. Reason codes can trigger automatic posting of residual items to predefined G/L accounts (e.g., write-off accounts).

C: Correct. They control the G/L account assignment for residuals, ensuring accurate financial reporting.

D: Correct. Reason codes can influence the type of payment notice (e.g., partial payment notification) sent to customers.

A: Incorrect. Sales orders are unrelated to payment processing reason codes.

E: Incorrect. Payment reminders are part of dunning, not directly tied to reason codes.

by Tien at Apr 05, 2025, 07:00 PM

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Glenn

9 days ago

Reason codes are definitely for controlling where residual items are posted, that's a must-have feature for any payment processing system. Options B and C are the clear winners here.

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