Configuring Key Elements of the Record-to-Report Process

Understanding and Configuring Extension Ledgers

Knowledge quiz

It's time to put what you've learned to the test, get 3 right to pass this unit.

Choose the correct answer.

Standard Journal Entries

P - Line Items with Technical Numbers (No Deletions Possible)

S - Line Items with Technical Numbers (Deletions Possible)

G - Journal Entries for G/L Adjustment Postings.

There are two correct answers.

They store considerably less data.

They can be part of a ledger group.

They must reference the leading ledger.

They must reference an underlying ledger.

There are three correct answers.

Managing local GAAP accounting for a subsidiary in a new country.

Simulate the impact in accounting of a new regulation on provisions accounting.

Adjustments related to taxes, to calculate a tax-adjusted profit or loss.

Manage commitments from purchase orders to facilitate the budget availability control.

Learning