Webclass 122: How can I check that my AR data is correct and what insights can I get from it?

Q1. What are the key areas that the team need in order to be able to creatively solve audit problems with data?

Q2. What did Chat GPT get wrong concerning how to compare the dates between delivery documents and billing documents?

Q3. Why should we consider looking at more than the BSID table in SAP?

Q4. Why might it be difficult to identify customer write-offs, if we only have the customer open and closed items?

Q5. Is the ZFBDT field equal to the due date?

Q6. Why might we not want to rely on special ledger indicators to see if there are illigitimate customer write-offs?

Q7. If we wanted to use the counterparty account to see if there are customer write-offs, which table should we use?

Q8. What is the problem with using BSEG_BELNR, BSEG_GJAHR and BSEG_BUKRS as the key to link to BSAD table?

Q9. What is another way to check if staff members are circumventing internal controls concerning detailed customer ageing?

Q10. If a staff member is diverting customer payments to their own personal bank account, what might they do to hide this?

Q11. Why should you create a data model with all the information you need before using Generative AI?

Q12. Why can we not call the value per date a balance, when using BSID table?

Q13. Why might you want to include the customer account group when you make the dashboard?

Q14. Why should you include the closed items in your analysis?

Q15. Why do we need to have accounting knowledge, understanding of the data sets and critical thinking when using Artificial Intelligence generated graphs?