SAP Exam C_TS4FI_2023 Topic 5 Question 9 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam

Question #: 9
Topic #: 5

[All C_TS4FI_2023 Questions]

In the standard sales process, when is the COGS posting generated in Financial Accounting?

AIssue customer invoice

BDo PGI (Post Goods Issue)

CCreate billing document

DCreate delivery document

Show Suggested Answer

Suggested Answer: B

by Von at Jul 04, 2024, 02:22 PM

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Solange

3 months ago

Wait, is the answer none of the above? Maybe it's when the salesperson finally stops trying to sell me something and just lets me go home!

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Page

3 months ago

C seems like the obvious choice here. The billing document is where all the financial magic happens, so that's gotta be it.

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Tiera

3 months ago

Haha, I bet the answer is A. The customer invoice is where the real action is, right? That's when the money starts flowing in!

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Emerson

3 months ago

D sounds right to me. The COGS is posted when you create the delivery document, as that's when the goods are officially delivered to the customer.

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Olive

3 months ago

I think the answer is B. The COGS posting is generated when you do the PGI, which records the goods being issued to the customer.

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Barney

2 months ago

So, the answer is B - Do PGI (Post Goods Issue).

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Keneth

3 months ago

Yes, that's correct. It happens when the goods are issued to the customer.

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Kathrine

3 months ago

I agree, the COGS posting is generated when you do the PGI.

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Rosalind

3 months ago

This question is a piece of cake! B) Do PGI (Post Goods Issue) is the correct answer. It's like asking when a chef adds salt to the dish - it's during the cooking process, not after serving it!

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Teri

3 months ago

Hmm, I'm not sure. Maybe D) Create delivery document? That's when the goods are actually shipped, so it makes sense for the COGS to be recorded then.

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Ashlee

4 months ago

C) Create billing document seems like the obvious choice here. That's when the COGS posting is generated to match the revenue from the sale.

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Coral

4 months ago

I think it's B) Do PGI (Post Goods Issue). That's when the cost of goods sold is recognized in the financial records, right?

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Altha

3 months ago

Definitely, understanding the timing of COGS posting is crucial for financial reporting and analysis.

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Ty

3 months ago

It's an important step in the sales process to accurately reflect the financial impact of selling goods.

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Refugia

3 months ago

That's good to know. I always wondered when exactly the cost of goods sold is recognized.

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Ryan

3 months ago

Yes, you are correct. The COGS posting is generated when we do PGI (Post Goods Issue).

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Alyce

4 months ago

I believe it's when we issue the customer invoice, because that's when revenue is recognized.

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Venita

4 months ago

I'm not sure, but I think it might be when we create the billing document.

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Arlene

4 months ago

I agree with Alyssa, because that's when the goods are actually leaving the warehouse.

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Alyssa

5 months ago

I think the COGS posting is generated when we do PGI.

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