Free Practice Questions for SAP C_BYD15_1908 Exam

A storage control profile is used to configure the parameters for managing inventory at a location. It defines the characteristics of the storage location such as the storage section, storage type, and the number of storage bins.

Flagging the location as 'Storage Location' enables the location to be used for inventory management.

Flagging a logistics area as 'Inventory Managed' allows the system to recognize the area as a location that can store inventory.

Creating a location layout for the location is not a prerequisite for managing inventory at a location, as it is optional and not required to set up inventory management.

Maintaining a logistics model for the location is also not a prerequisite for managing inventory at a location, as the logistics model is used to define the transportation processes between the locations and not the location itself.

This will ensure that the payments are made on time and that the liquidity forecast is accurately reflected in the accounting records.

According to the SAP Business ByDesign Help Center, when using the general ledger, the following account assignments are possible:

B. G/L Account: The general ledger account is used to record financial transactions and is assigned to each journal entry. The general ledger provides a summary of the financial status of a company, including its assets, liabilities, and equity.

C. Functional Area: The functional area is a subdivision of a company that is responsible for a specific business function, such as sales, production, or research and development. The functional area is used to analyze the profitability and cost structures of a company and to allocate costs to the correct departments.

D. Profit Center: The profit center is a management-oriented unit within a company that is used to measure and analyze the profitability of specific business activities. The profit center can be used to distribute costs and revenues to specific business activities and to provide a more detailed view of the financial performance of a company.

Option B states that the system allows you to define a recurrence pattern for invoice dates, meaning you can set the system to automatically generate invoices on a regular schedule. Option D states that the system can determine the invoice dates from a linked project milestone, so if a milestone is set to be completed on a certain date, the invoice for that milestone can be generated on that date.

To specify that goods can be sent between sites owned by the same company. By creating transportation lanes, you can determine the transfer of goods between different companies or sites owned by the same company. This can also be used to specify the supported modes of transport when sending goods from a site to customers, as well as the transportation time needed to send goods to a customer.

Recognize at point of delivery is a method of recognizing revenue for fixed price and time and material projects when the goods are delivered or the services are provided. Recognize using cost-to-cost POC is a method of recognizing revenue for fixed price and time and material projects when the planned costs of the project have been incurred. Recognize at point of invoice is a method of recognizing revenue for fixed price and time and material projects when an invoice is submitted by the vendor.