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Question 15 - C_S4CFI_2408 discussion

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When processing payments, what are possible functions of reason codes? Note: There are 3 correct answers to this question

A.

Control of the type of payment notice sent to a customer

Answers
A.

Control of the type of payment notice sent to a customer

B.

Generate a payment reminder

Answers
B.

Generate a payment reminder

C.

Control of the account where a residual item is posted

Answers
C.

Control of the account where a residual item is posted

D.

Create a sales order

Answers
D.

Create a sales order

E.

Automatic posting of a residual item to a specified G/L account

Answers
E.

Automatic posting of a residual item to a specified G/L account

Suggested answer: A, C, E

Explanation:

Reason codes in the payment processing context of SAP S/4HANA Cloud Public Edition have several functions, particularly when handling exceptions or specific conditions in payment transactions. They can control the type of payment notice sent to a customer, ensuring that appropriate communication is made based on the payment scenario or issue identified. Reason codes can also dictate where a residual item is posted, which is critical in managing partial payments or overpayments, thereby maintaining accurate account balances. Additionally, they enable the automatic posting of residual items to specified G/L accounts, streamlining the accounting process by ensuring that such items are correctly classified without manual intervention.

References:

SAP S/4HANA Cloud Payment Processing documentation

Guidelines on managing payment exceptions and reason codes in SAP S/4HANA Cloud

asked 31/10/2024
Guus Schenkelaars
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