The automatic payment run (transaction F110) in SAP S/4HANA is a comprehensive process that automates the payment of open items. The key results of a successfully completed run include:

1. A detailed payment log is generated, which includes the proposal list, exception list, and a record of all actions taken by the program for audit and review purposes.

2. The system posts payment documents, which clear the vendor/customer open items and post the corresponding entries to the bank clearing accounts.

3. Payment media are created, such as Data Medium Exchange (DME) files for electronic transfers or files for check printing, which are then sent to the bank or printing service.

A. Payment plan: A payment plan (e.g., installment plan) is a payment term set on an invoice or master record before the payment run. It is an input, not a result.

B. Payment blocks: A payment block is a control indicator used to prevent an item from being paid. It is an input to the payment program's selection logic, not an output.

1. SAP Help Portal

SAP S/4HANA

"Automatic Payments": The official documentation outlines the process flow of the automatic payment program. It explicitly states that after the proposal run

the payment run posts the payment documents

and the final step is the creation of payment media. The logs are generated throughout the process. (See section: Financial Accounting -> Accounts Payable and Accounts Receivable -> Payments -> Automatic Payments).

2. SAP Help Portal

SAP S/4HANA

"Process Flow of the Automatic Payment Program": This document details the sequence: "The payment program posts the payment documents and makes the open items as cleared." and "The payment program prepares the data for the payment media...". It also describes the creation of the "payment proposal list and exception list

" which are components of the payment log.

3. SAP Learning

Course S4F23 "Financial Closing in SAP S/4HANA": This course

relevant to the CS4CFI2504 certification scope

details the Automatic Payment Program. Unit 3

"Executing the Payment Run

" describes the outputs as posted payment documents and the generation of the payment medium (e.g.

DME file). The importance of reviewing the proposal log is also emphasized as a key step and output.

A goods issue posting is a fundamental transaction in inventory management that signifies the physical movement of materials out of stock. This transaction has direct financial implications. When goods are issued, the system reduces the inventory quantity and its corresponding value on the balance sheet. To reflect this change in the company's financials, an accounting document is automatically generated. This document typically debits a consumption account (e.g., Cost of Goods Sold) and credits the inventory stock account, thus capturing the reduction in inventory value in the general ledger.

C. It generates an invoice for approval: Invoice creation is a subsequent, separate step in the billing process within the Sales and Distribution (SD) module. A goods issue is a prerequisite for billing but does not trigger it directly.

D. It increases the inventory value: This is incorrect. A goods issue represents an outflow of materials, which decreases the inventory value. An increase in inventory value is associated with a goods receipt.

1. SAP Help Portal

SAP S/4HANA

Goods Issue: "When a goods issue is posted

the system carries out the following tasks: [...] It creates a material document. [...] If the movement is relevant for accounting

it creates an accounting document. [...] It updates the stock value and the consumption values in the material master record." This confirms the creation of an accounting document (A) and the update (reduction) of inventory value (B).

Source: SAP Help Portal

SAP S/4HANA Cloud

Product Assistance - "Goods Issue".

2. SAP Help Portal

SAP S/4HANA

Integration of Materials Management and Financial Accounting: "A goods issue for a sales order reduces warehouse stock. The value of the material issued is posted to the cost of goods sold. This transaction is posted in Financial Accounting and Controlling." This statement explicitly links the goods issue to a reduction in stock and the creation of a financial posting (accounting document).

Source: SAP Help Portal

SAP S/4HANA

Product Assistance - "Integration of Materials Management and Financial Accounting".

3. SAP Learning Hub

Course S4F20 - Processes in Management Accounting in SAP S/4HANA: The course materials detail the integration between logistics modules (like MM) and Financials (FI/CO). The goods issue transaction is presented as a key integration point where a material movement automatically triggers a financial posting

debiting Cost of Goods Sold and crediting the Inventory account

thus reducing its value.

Source: SAP Learning Hub

S4F20

Unit on "Integration with Logistics".

In SAP S/4HANA, the Financial Statement Version (FSV) structure is used to generate financial statements. The net profit or loss is calculated automatically by the system by summing the balances of all Profit & Loss (P&L) accounts.

The "Not Assigned" node is part of this calculation because any P&L accounts that have not been explicitly assigned to a specific item in the FSV hierarchy are still included in the total calculation for net profit/loss.

The "Liabilities and Equity" node is also integral. The calculated net profit/loss is presented as a special "P&L Result" item. This item is strategically placed under the Equity section (within Liabilities and Equity) to ensure the balance sheet equation (Assets = Liabilities + Equity) is balanced. This structural placement is essential for the correct calculation and presentation within the FSV framework.

A. Financial Statement Notes: This node contains supplementary disclosures and explanatory text. It is not part of the quantitative calculation of net profit or loss.

B. Assets: This node represents the economic resources of the company. It is on the debit side of the balance sheet and is not used in the calculation of profit or loss.

1. SAP Help Portal

SAP S/4HANA

"Financial Statement Versions": This official documentation states

"The system calculates the net profit or net loss automatically from the P&L accounts. The balances of the accounts that are not assigned to an item are also included in the calculation of the net income/net loss." This directly supports the inclusion of the "Not Assigned" node.

2. SAP Help Portal

SAP S/4HANA

"Define Financial Statement Versions": This configuration guide explains that to have the system calculate the net result

you create special items for profit and loss. It details that these items are then assigned to the balance sheet structure

typically under Equity. "The net income/net loss is then listed under this item in the balance sheet." This confirms the role of the "Liabilities and Equity" node in the process.

3. SAP Learning Hub

Course S4F20 (Financial Closing in SAP S/4HANA)

Unit: "Financial Statement Versions": This course material illustrates the FSV structure

showing that the P&L result is a calculated item that is positioned under Equity to balance the balance sheet

making the "Liabilities and Equity" node a crucial part of the reporting structure for the calculated profit/loss.

The automated payment run process in SAP S/4HANA, executed via the "Manage Automatic Payments" app (or transaction F110), follows a distinct sequence of steps. The process begins with (B) Maintain parameters, where the user defines the criteria for the payment run, such as company codes, payment methods, and vendor accounts. Next, the user must (E) Schedule proposal run, where the system identifies open invoices that match the parameters and generates a payment proposal list for review. After the proposal is reviewed and approved, the final step is to (D) Schedule payment run, which executes the payments, posts the corresponding accounting documents, and prepares the data for the payment media creation.

A. Schedule invoice run: This is incorrect. Invoices are created or received before the payment process begins; they are the input for the payment run, not a step within it.

C. Upload bank statement: This is incorrect. Uploading a bank statement is part of the bank account reconciliation process, which occurs after payments have been made and cleared by the bank.

1. SAP Help Portal

SAP S/4HANA Cloud

"Manage Automatic Payments": This official documentation outlines the key process steps. It explicitly lists "Parameters"

"Proposal"

and "Payment" as the core sequential steps for executing an automatic payment run. The process flow is detailed as: 1. Enter Parameters

2. Schedule Proposal

3. Review Proposal

4. Schedule Payment.

2. SAP Help Portal

SAP S/4HANA

"Executing the Payment Program": This document describes the classic payment program (F110) and details the required steps. It states

"To carry out a payment run

you must... 1. Enter parameters for the payment run. 2. The payment program then creates a proposal... 3. You start the payment run." This directly supports the selection of maintaining parameters

scheduling a proposal

and scheduling the payment run.

3. SAP Help Portal

SAP S/4HANA

"Process Flow of the Payment Program": This page provides a graphical and textual overview of the Automatic Payment Program

clearly showing the sequence: Parameter Entry -> Proposal Run -> Payment Run -> Printout. This confirms the three chosen options are the central processing steps.

In SAP S/4HANA, a G/L account master record is structured into segments. The chart of accounts segment contains data that is valid for all company codes using that specific chart of accounts. The Account group is a mandatory field at this level, controlling the number range and field status for the G/L account. The G/L account type (e.g., Balance Sheet Account, Primary Costs or Revenue) is also defined at the chart of accounts level, determining the account's fundamental purpose and its integration with the universal journal.

B. Account currency: This is defined in the company code segment of the G/L account master record, as it is specific to how the account is managed within a particular company code.

C. Functional area: This field, used for cost of sales accounting, is maintained in the company code segment of the G/L account master record, not the chart of accounts segment.

1. SAP S/4HANA Help Portal

"G/L Account Master Data in the Chart of Accounts": This document explicitly lists the fields maintained at the chart of accounts level. It states

"The chart of accounts segment of a G/L account master record contains the data that is valid for all company codes

such as the account number

the G/L account type

and the account group."

2. SAP S/4HANA Help Portal

"G/L Account Master Data in the Company Code": This source details the fields specific to the company code segment

confirming that "Account Currency" and "Functional Area" are maintained at this level. It notes

"The company code specific area contains data that can vary from one company code to the next

for example

the account currency..."

3. SAP Press

"SAP S/4HANA Financial Accounting Certification Guide: Application Associate Exam" (4th Edition): In the chapter on General Ledger Accounting

the structure of the G/L account master record is detailed. It clearly delineates the chart of accounts segment fields (including Account Group and G/L Account Type) from the company code segment fields (including Account Currency and Functional Area). (Chapter 3

Section 3.2.2 "G/L Account Master Data").