BACHELOR OF BUSINESS ADMINISTRATION

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BUSINESS ADMINISTRATION

FINANCIAL ACCOUNTING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT. How many line items are created in the Entry view and how many are created in the General Ledger view?
A
Entry view:5 General Ledger view:9
B
Entry view:3 General Ledger view:9
C
Entry view:5 General Ledger view 7
D
Entry view:3 General Ledger view 7
Explanation: 

Detailed explanation-1: -Active document splitting means document splitting basing on the Business Transaction/Transaction Variant assigned to the document type and the Item Category assigned to the GL account. System determines and does the splitting of each line item in the document, basing on the configuration you have done.

Detailed explanation-2: -Document splitting enables you to draw up complete financial statements for the following dimensions at any time: Segments. Profit centers. Business areas.

Detailed explanation-3: -Active document splitting comprises all processes used to split documents without reference to a different (preceding) document. You control active document splitting using settings in Customizing. By contrast, you cannot control passive document splitting.

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