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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Christene

15 days ago

Haha, I love how we're all just focused on the accounting side of this. What, no one's going to mention that you can actually use reason codes to generate payment reminders? E is a hidden gem!

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Alishia

1 months ago

For me, the key thing is being able to automatically post residual items. B and C are the way to go. Who wants to do that manually? Not this guy!

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Harrison

11 days ago

Definitely, having control over where the residual item is posted is important too.

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Goldie

12 days ago

I agree, automating the posting of residual items is a huge time-saver.

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Emelda

1 months ago

I believe reason codes are important for controlling the type of payment notice sent to a customer.

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Noah

1 months ago

I agree with you, Mammie. Reason codes also help in automatic posting of a residual item to a specific G/L account.

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Blondell

1 months ago

Yeah, I agree with Glenn. Reason codes are all about managing the accounting side of payments. Posting to the right GL account and controlling the payment notice - that's what it's all about.

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Zona

26 days ago

A) Create a sales order

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Mammie

1 months ago

I think reason codes help in controlling the account where a residual item is posted.

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Glenn

2 months 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.

upvoted 0 times