Get C_TS452_2022 Dumps : Verified SAP Certified Application Associate - SAP S/4HANA Sourcing and Procurement

If you want to implement production planning and product costing in your company, you must choose plant as the organizational level for stock valuation. This means that each plant has its own valuation area and valuation class for each material. This allows you to valuate materials differently in different plants and calculate production costs accurately. References: SAP S/4HANA Sourcing and Procurement | SAP Learning, Course S4550, Unit 1, Lesson 1.

To determine the safety stock during automatic reorder point planning, the system requires the following data:

• Service level, which is the probability of avoiding a stockout situation during the replenishment lead time.
• Mean absolute deviation, which is a measure of the forecast accuracy based on the historical consumption data.
• Replenishment lead time, which is the time required to procure or produce a material. References: SAP S/4HANA Sourcing and Procurement | SAP Learning, Course S4525, Unit 1, Lesson 1.

The organizational structure for procurement consists of various organizational units that are related to each other. Some properties of this structure are:

• A plant can only belong to one company code, which is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up.
• Several storage locations may be assigned to a plant. A storage location is the place where materials are physically stored within a plant.
• A storage location key must be unique in a plant, but not in a company code. References: SAP S/4HANA Sourcing and Procurement | SAP Learning, Course S4500, Unit 1, Lesson 1.

Purchase-order-based invoice verification is a process of verifying and posting an invoice with reference to a purchase order. Some key features of this process are:

• The system proposes the quantity to be invoiced as the difference between the total delivered quantity and the total quantity already invoiced. This ensures that you do not pay more than what you have received.
• Partial deliveries for a purchase order item are NOT flagged as individual invoice items. This means that you can post one invoice for multiple partial deliveries of the same purchase order item. References: [SAP S/4HANA Sourcing and Procurement | SAP Learning], Course S4515, Unit 1, Lesson 1.

An open item on the GR/IR clearing account indicates a difference between the goods receipt and the invoice receipt for a purchase order item. This can occur when the invoiced quantity is more than the delivered quantity (over-invoicing) or when the delivered quantity is more than the invoiced quantity (under-invoicing). References: SAP S/4HANA Sourcing and Procurement | SAP Learning, Course S4515, Unit 1, Lesson 1.