Learning Objective : Understand and perform a financial accounting Time 30 min process . Motivation : After you have successfully worked through the Financial Accounting case study you should be able to solve the following task on your own Scenario : The financial accounting system has now been tested without any errors . Therefore , the corporate management has decided to convert the system into the production operation As a first order request you should pay the new tool supplier Burgmeister Zubehor OHG In order to do that you will create the cost element tool expenses Subsequently you will receive an invoice for more than 3CODE from Burg meister Zubehor KG which has to be settled You will review the impact on the financial statement at the end . Task Information Since this task is based on the Financial Accounting case study you can use it as guidance , However it is recommended that you solve it without any help in order to test your acquired knowledge