SAP Financial Accounting (SAP FI) Practice Exam

What defines the different sections of a customer vendor account?

1. Client/general data

2. Account group configurations

3. Company code/accounting

4. Document type allocation

The correct answer is: Client/general data

In SAP Financial Accounting, the different sections of a customer or vendor account are defined primarily by the client and general data associated with that account. The client data encompasses information that is relevant across all company codes and is applicable to the entire organization, such as the name, address, and communication details of the customer or vendor. This information is fundamental as it ensures that the basic data is consistent and accessible for all transactions throughout the organization. General data is supplemented by account-specific sections that include company code-level details, which may provide more nuanced information specific to particular entities within the overall corporate structure. However, it is the client and general data that fundamentally delineates the overarching profile of a customer or vendor account, serving as the foundation upon which additional details are structured. The other options refer to elements that are integral to managing customer or vendor accounts but do not specifically define the sections themselves. Account group configurations relate to how accounts are categorized, company code/accounting details focus on specific financial information associated with different legal entities, and document type allocation pertains to how transactions related to those accounts are recorded. These aspects support the functionality of the accounts but do not determine the primary structure of the account itself as the client and general data does.