C_S4FCC_2021 Exam Dumps - SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)

A blank posting level is used in the data collection task. This task collects data from different sources, such as the general ledger, subledgers, and other systems, before the consolidation process begins.

In group reporting, the currency translation method is assigned to the consolidation unit (B).

The field "Percentage complementary" is used to calculate the amount by multiplying by 1 minus the ownership percentage in the rule-based consolidation of investments method.

In a validation method, you can use operands like Amount, which represents the monetary value, and Quantity, which represents the number of units.

In SAP S/4HANA Finance for Group Reporting, group journal entries can have attachments such as Excel files, URLs, and Word documents. These attachments can provide additional information and context to the journal entry, making it the underlying transactions (SAP Help Portal: Group Journal Entries)

The fields relevant for consolidation units that come from non-SAP systems include source for group currency key figure and source for local currency key figure1.

To create a group journal entry with multiple versions, you need to select multiple extension versions. Extension versions allow you to create alternative versions of a group journal entry for different consolidation scenarios or adjustments.

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, a consolidation ledger must be configured in order to release plan data into SAP S/4HANA Finance for group reporting. A consolidation ledger is a data container that stores the plan data for a specific consolidation scenario and fiscal year variant. A consolidation ledger can have multiple versions to store different versions of plan data.

Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.