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C_A1FIN_10 · Question #39

A customer implements SAP Financials with Materials Management (MM) purchasing. They want to ensure the correct accounts are created in their general ledger to support the procurement and accounts…

The correct answer is A. Goods receipt / invoice receipt (GR / IR) account B. Input tax account E. Vendor reconciliation account. See the full explanation below for the reasoning.

Question

A customer implements SAP Financials with Materials Management (MM) purchasing. They want to ensure the correct accounts are created in their general ledger to support the procurement and accounts payable entries. Which general ledger (G/L) accounts are required in this situation? (Choose three)

Options

  • AGoods receipt / invoice receipt (GR / IR) account
  • BInput tax account
  • COutput tax account
  • DG/L open item suspense account
  • EVendor reconciliation account

How the community answered

(23 responses)
  • A
    78% (18)
  • C
    13% (3)
  • D
    9% (2)

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