1. G/L master record is always for all company codes in the system 2.

currency is a required field entry while creating G/L master 3. we cannot control the postings to the G/L by way of tax codes entry for a G/L account 4. tax codes are created and operated at country level 5. tax codes are created at company code level 6. tax codes are time dependant 7. jurisdiction codes are not used at all while creating tax codes 8. in AP and AR, account group cannot be created with external number ange 9. reconciliation account definitions are available in general data of vendor master 10. reconciliation account definitions are available in payment data of general data in customer master 11. payment terms are company code dependent 12. it is not possible to calculate the due date on fixed dates like end of month with days calculation 13. SAP cannot automate the payment method entry into the vendor invoice entry screen 14. all special G/L transactions are posted to G/L accounts 15. it is possible to get the report of customers created by a user in a company code 16. clearing does not create any document 17. payment cannot be made by adjusting a special G/L transaction which is posted in G/L 18. partial payment creates another entry without any link to the original entry 19. down payment creates another entry without any link to the original entry 20. residual payment creates another entry keeping all entries open 21. it is not possible to use two check series for making payment 22. it is not possible to void unused checks 23. reversal of voided checks is a standard functionality of SAP 24. it is not possible to show the checks with a value range and issued by a user 25. it is not possible to create a due date for a down payment 26. SAP does not allow bill of exchange accounting 27. payment request clears the entries in AP and AR 28. posting key is linked to field status in FI posting 29. payment to anybody by passing a G/L entry without AP/AR is a standard functionality of SAP 30. we cannot create manual checks for payment to business partners and update in the system