What selection is a required global parameter?

The correct answer is B. Fiscal year variant. According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a fiscal year variant is a required global parameter that must be selected when creating a new consolidation scenario. A fiscal year variant defines the number and length of posting periods and…

Master Data and Configuration

Question

Options

AConsolidation chart of accounts
BFiscal year variant
CConsolidation unit
DConsolidation group

How the community answered

(34 responses)

A
6% (2)
B
91% (31)
D
3% (1)

Explanation

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a fiscal year variant is a required global parameter that must be selected when creating a new consolidation scenario. A fiscal year variant defines the number and length of posting periods and special periods for a fiscal year. A fiscal year variant can be assigned to one or more consolidation scenarios.

Topics

#global parameters#fiscal year variant#consolidation configuration#required settings

Community Discussion

No community discussion yet for this question.

Full C_S4FCC_2021 Practice