nerdexam
SAP

C_TS4FI_2023 · Question #79

At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.

The correct answer is A. Client D. Exchange rate type. In SAP Financial Accounting, the choice between direct quotation (price of 1 unit of foreign currency expressed in local currency) and indirect quotation (price of 1 unit of local currency expressed in foreign currency) is configured at two levels: the Client (A) - which sets…

General Ledger Accounting

Question

At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.

Options

  • AClient
  • BCountry
  • CCompany code
  • DExchange rate type

How the community answered

(37 responses)
  • A
    95% (35)
  • B
    3% (1)
  • C
    3% (1)

Explanation

In SAP Financial Accounting, the choice between direct quotation (price of 1 unit of foreign currency expressed in local currency) and indirect quotation (price of 1 unit of local currency expressed in foreign currency) is configured at two levels: the Client (A) - which sets the system-wide default quotation method - and the Exchange Rate Type (D) - where you can override that default for specific rate types (e.g., M for average rate, B for buying rate). Country (B) is incorrect because SAP does not use country as a configuration level for quotation methods; country-specific requirements are handled elsewhere. Company code (C) is also incorrect because quotation settings are not maintained at the company code level - they apply more broadly across the system.

Memory tip: Think "C.E." - Client sets the default, Exchange rate type fine-tunes it. If the level isn't one of those two, it's not where quotation is configured.

Topics

#exchange rate quotation#direct quotation#indirect quotation#exchange rate type

Community Discussion

No community discussion yet for this question.

Full C_TS4FI_2023 Practice