Question 1

Your client needs to implement SAP Business One to manage project costs for multiple ongoing projects. They want to track expenses and revenues separately for each project. What steps must be taken to enable project cost tracking?

Options :

A : Enable project management in SAP Business One.

B : Assign cost centers to each project for expense tracking.

C : Set project milestones for revenue recognition.

Answer: A,B

Question 2

Your client wants to use SAP Business One to track project costs. They want to monitor expenses and revenues separately for each project and generate financial reports by project. What configurations must be set to enable project cost tracking?

Options :

A : Assign cost centers to each project for detailed tracking.

B : Set report generation frequency to 'Monthly'.

C : Enable project cost tracking in the financials module.

Answer: A,C

Question 3

A company using SAP Business One wants to optimize its cash flow management by automating cash flow forecasts based on expected receipts and payments. How can this be configured in the system?

Options :

A : Track cash flow by customer or vendor

B : Use the Cash Flow Management module

C : Link the cash flow forecast to sales and purchase orders

D : Set up incoming and outgoing payments

Answer: B,C

Question 4

Your client wants to track project costs in SAP Business One for a construction project. They need to monitor expenses, revenues, and project milestones in real-time. What configurations are required to set up project cost tracking?

Options :

A : Enable the project management module for cost tracking.

B : Assign cost centers for each project task to track expenses.

C : Assign project managers to oversee each phase.

Answer: A,B

Question 5

Your client needs to track the performance of their sales team in SAP Business One. They want to generate sales performance reports by salesperson and region. What steps must be taken to enable sales performance tracking?

Options :

A : Set report generation frequency to 'Monthly'.

B : Assign sales regions and salespersons to each transaction.

C : Enable sales performance tracking in the sales module.

Answer: C

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