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C_TB1300_07 · Question #153

C_TB1300_07 Question #153: Real Exam Question with Answer & Explanation

The correct answer is A. When you enter opening balances for customers, the customer balance is posted to the A/R. See the full explanation below for the reasoning.

Question

The company needs to record opening balances for its customers in the new SAP Business One database. The Accounts Receivable balance from the legacy system must match the new A/R balance. How can this be achieved?

Options

  • AWhen you enter opening balances for customers, the customer balance is posted to the A/R
  • BWhen you enter opening balances, the system records split opening balances for all
  • CYou must post each customer transaction as a manual journal entry or document so that the
  • DYou can enter the opening balances for any G/L account, including the A/R control accounts

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