SAP Financial Accounting (SAP FI) Practice Exam

At what level is banking information stored in SAP?

1. Company code level

2. Client level

3. Plant level

4. Vendor level

The correct answer is: Client level

Banking information in SAP is stored at the client level. This means that the banking details can be accessed and utilized across all company codes within that client. This centralized storage allows for consistent and streamlined management of banking data, ensuring that all associated entities within the client have access to the same banking information. Storing banking information at the client level facilitates efficient processing of financial transactions, as it reduces redundancy and allows for changes to banking details to be reflected universally, regardless of the company code. This is particularly useful for organizations with multiple company codes that share the same banking relationships. By implementing this structure, SAP enables better control and standardization of banking information across different areas of the organization. In contrast, other levels such as company code, plant, or vendor levels do not provide the same comprehensive access to banking data across the entire client, making them less suitable for this purpose.