C_S4FCC_2021 · Question #56
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?
The correct answer is B. Selected FS items for automatic posting. When there is a balance sheet and income statement posting in a group journal entry, the offsetting entries are created by the selected Financial Statement (FS) items for automatic posting. This feature ensures that the balance sheet and income statement are always in balance…
Question
When there is a balance sheet and income statement posting in a group journal entry, what creates the offsetting entries?
Options
- AThe data validation task
- BSelected FS items for automatic posting
- CSelection objects
- DThe calc net income task
How the community answered
(26 responses)- A12% (3)
- B77% (20)
- C8% (2)
- D4% (1)
Explanation
When there is a balance sheet and income statement posting in a group journal entry, the offsetting entries are created by the selected Financial Statement (FS) items for automatic posting. This feature ensures that the balance sheet and income statement are always in balance (SAP Help Portal: Group Journal Entries).
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