Passed Exam Today 1z0-1074-23

Receipt Accounting- Receipt Accounting Distributions Real Time

Receipt Accounting-- Receipt Accounting Transactions Real Time

Costing –Receipt Accounting Real Time

Financials-Subledger Accounting-Detail Transactions

Costing-Cost Accounting Real Time

Create a foreign reporting currency to track gain/loss.

Create a secondary ledger to track gain/loss.

Turn on the Subledger Gain or Loss Option.

Subledger Accounting is already set up to process it.

Business Unit and Cost Organization

Inventory Organization and Legal Entity

Business Unit and Legal Entity

Business Unit and Inventory Organization

Legal Entity and Cost Organization

Inventory Organization and Cost Organization

A retroactive purchase order price adjustment can cause an adjustment to the inventory value and the cost of goods sold.

When a supplier invoice is processed in accounts payable, it can cause an adjustment to the inventory value and the cost of goods sold if the amounts processed for payment are different from the estimated amount on the purchaseorder.

A change to a requisition after the purchase order has been created will create a cost adjustment. D. A revenue recognition event, which in turn triggers a cost of goods sold recognition event, can cause a cost adjustment.

A standard cost update will create an inventory value adjustment.

Authorized users can manually create cost adjustments.