At which point in the integrated sales process is a balance sheet relevant accounting document created?
At which point in the integrated sales process is a balance sheet relevant accounting document created?
A . Quotation
B . Sales order confirmation
C . Sales order creation
D . Goods issue
Answer: D
Explanation:
In the integrated sales process within SAP S/4HANA Cloud Public Edition, a balance sheet relevant accounting document is created at the point of ‘Goods Issue’. The goods issue process marks the reduction of inventory and records the cost of goods sold (COGS) in the financial accounting, impacting the balance sheet and income statement. This step is crucial as it reflects the outflow of goods from inventory, leading to a decrease in inventory assets and an increase in expenses (COGS), which are both balance sheet and income statement activities, respectively.
References:
SAP S/4HANA Cloud Sales documentation
SAP Help Portal on integrated sales and distribution processes
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