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C_TFIN22_65 · Question #23

Scenario Profit Center Update with real time integration is activated in the New GL. How is the profit center information stored in financial postings to a CO object?

The correct answer is B. In a separate field in the New GL document. With Scenario Profit Center Update and real-time integration active in New GL, profit center information is stored as a separate field directly within the New GL document for financial postings to a CO object.

Profit Center Accounting

Question

Scenario Profit Center Update with real time integration is activated in the New GL. How is the profit center information stored in financial postings to a CO object?

Options

  • AIn a separate profit center accounting document.
  • BIn a separate field in the New GL document.
  • CIn a reconciliation ledger document.
  • DIn a separate New GL document.

How the community answered

(32 responses)
  • A
    3% (1)
  • B
    81% (26)
  • C
    9% (3)
  • D
    6% (2)

Why each option

With Scenario Profit Center Update and real-time integration active in New GL, profit center information is stored as a separate field directly within the New GL document for financial postings to a CO object.

AIn a separate profit center accounting document.

In classic GL, profit center accounting often used a separate PCA document; however, New GL integrates this into the main ledger.

BIn a separate field in the New GL document.Correct

In New GL with real-time integration and profit center update activated, the profit center becomes a standard characteristic within the universal journal entry, meaning it is stored directly as a field in each relevant line item of the New GL document.

CIn a reconciliation ledger document.

A reconciliation ledger was used in classic CO/FI integration to reconcile differences between CO and FI, but with New GL real-time integration, it is largely obsolete for this purpose as data flows directly.

DIn a separate New GL document.

Profit center information is integrated into the same New GL document, not a separate one, when real-time integration is active, aligning with the New GL's single source of truth principle.

Concept tested: New GL profit center data storage

Topics

#Profit Center Update#Real-time integration#New GL#Financial postings

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