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C_S4FCC_2021 · Question #3

The balance sheet in SAP S/4HANA Finance for group reporting is out of balance. When data validation is run, what is the result?

The correct answer is A. The variance will be posted to a statistical financial statement item. if the balance sheet in SAP S/4HANA Finance for group reporting is out of balance, when data validation is run, the result is that the variance will be posted to a statistical financial statement item. A statistical financial statement item is a special type of FS item that is…

Reporting and Analysis

Question

The balance sheet in SAP S/4HANA Finance for group reporting is out of balance. When data validation is run, what is the result?

Options

  • AThe variance will be posted to a statistical financial statement item.
  • BSubsequent tasks cannot be run but can be blocked.
  • CSubsequent tasks can be run but cannot be blocked.
  • DThe variance will be posted to a reporting financial statement item.

How the community answered

(51 responses)
  • A
    73% (37)
  • B
    8% (4)
  • C
    14% (7)
  • D
    6% (3)

Explanation

if the balance sheet in SAP S/4HANA Finance for group reporting is out of balance, when data validation is run, the result is that the variance will be posted to a statistical financial statement item. A statistical financial statement item is a special type of FS item that is used to store variances or differences between debit and credit balances. A statistical financial statement item does not affect the balance sheet total or net income.

Topics

#data validation#balance sheet#statistical FS item#variance posting

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