SAP ERP Financials and FICO Handbook

40 CHAPTER 1 INTERVIEW QUESTIONS AND ANSWERS
80. How do you reverse cleared documents?
A cleared document cannot be reversed until you make it an open item. To reverse
a clear document, follow these steps:
1. Reset and reverse the cleared document by breaking the document
relationships and reversing it. The path is: Accounting ® Financial
Accounting ® C/L ® Document ® Reset Cleared items. (Use T-code FBRA.)
2. If you have cleared the open item through an automatic payment program, you
need to execute T-code FCH8.
81. Can you configure cash discount terms?
Yes, this is configurable through payment terms. While configuring payment terms,
you will define the cash discount if payment is made within the defined date. You
can configure payment terms using T-code OBB8.
82. What is a parked document and a held document? What are the
differences between the two?
Held document : When a user is posting a document and does not have the requisite
data in his possession, he can hold the document until he gets all of the information.
When a user holds the document, the system will ask to assign a number to it for
easy identification. This number can be numeric or alphanumeric.
Parked document : When the user does not have authorization for posting a
document, he can prepare the document and park it for his superior to approve.
When it is approved, the posting of the document will be completed.
In the case of a holding document, the FI document may be incomplete in respect
to debits = credits, while a parking document is a complete document by itself.
In both cases, the G/L account balances will not be affected until the document
is posted.
83. What additional setup is required if more than one cash journal is maintained
in a location?
These are the additional steps required if an entity wants to have more than one
cash journal: