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SAP Exam C_TS4FI_2023 Topic 6 Question 6 Discussion

Actual exam question for SAP's C_TS4FI_2023 exam
Question #: 6
Topic #: 6
[All C_TS4FI_2023 Questions]

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

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Suggested Answer: B

by Shelton at May 20, 2024, 11:14 PM

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Rodolfo
10 months ago
B) Do PGI (Post Goods Issue) for sure. If the goods haven't been issued yet, how can you post the COGS? That would be like trying to claim the cost of a package before it's even been shipped!
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Major
10 months ago
That makes sense, you need to have the goods physically leave the warehouse before you can recognize the cost.
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Kimbery
10 months ago
Exactly, it's important to wait until the goods have actually been issued before posting the COGS.
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Tricia
10 months ago
I agree, the COGS posting is generated when you do PGI (Post Goods Issue).
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Shaniqua
11 months ago
I'm going to go with B) Do PGI (Post Goods Issue). It just makes sense that the COGS would be posted when the goods are actually issued, not when the invoice is created or the delivery document is generated.
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Yvonne
10 months ago
Yes, that's correct. COGS posting is generated when the goods are issued, not when the invoice is created.
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Misty
10 months ago
I agree, it does make sense that COGS would be posted when the goods are actually issued.
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Carlee
10 months ago
Yes, the COGS posting is generated when the goods are actually issued.
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Freeman
10 months ago
I agree, B) Do PGI (Post Goods Issue) is the correct option.
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Ronnie
11 months ago
Definitely B) Do PGI (Post Goods Issue). I remember learning that in my accounting class. The COGS has to be recorded when the goods are actually shipped out, not just when the invoice is created.
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Merissa
10 months ago
Yes, it's important to record the cost of goods sold at the right time in the sales process.
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Denae
10 months ago
I agree, the COGS posting is generated when the goods are actually shipped out.
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Fabiola
11 months ago
Hmm, I'm not too sure about this one. Maybe it's C) Create billing document? That's when the sale is recognized, so the COGS should be posted then too.
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Ivory
11 months ago
I think it's B) Do PGI (Post Goods Issue). That's when the cost of goods sold is recorded in the accounting system.
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Avery
10 months ago
C) Create billing document
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Daryl
10 months ago
I agree, the COGS posting is generated when doing PGI.
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Dyan
10 months ago
Yes, that's correct. It's an important step in the sales process.
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Maxima
10 months ago
I agree, the COGS posting is generated when you do PGI (Post Goods Issue).
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Viola
10 months ago
B) Do PGI (Post Goods Issue)
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Tarra
11 months ago
A) Issue customer invoice
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