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Question 6 - C_S4CFI_2408 discussion

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Which asset accounting relevant postings are made periodically, typically at the end of the month? Note: There are 2 correct answers to this question

A.

Post asset acquisition via clearing account

Answers
A.

Post asset acquisition via clearing account

B.

Depreciation Posting

Answers
B.

Depreciation Posting

C.

Post transfer of an asset

Answers
C.

Post transfer of an asset

D.

Settlement of the WBS element

Answers
D.

Settlement of the WBS element

Suggested answer: B, D

Explanation:

In SAP S/4HANA Cloud Public Edition's Asset Accounting, the relevant postings made periodically, typically at the end of the month, include: B. Depreciation Posting: This is the systematic reduction of the recorded cost of a fixed asset to allocate that cost over the asset's useful life. Depreciation postings are made periodically to reflect the wear and tear or obsolescence of the asset. D. Settlement of the WBS element: Work Breakdown Structure (WBS) elements related to projects may have costs (including asset costs) collected against them. These costs are periodically settled to their final cost objects, such as fixed assets or cost centers, at the end of the month or upon project completion.

References:

SAP S/4HANA Cloud Asset Accounting documentation

Best practices for periodic processing in Asset Accounting

asked 31/10/2024
Kaliannan K
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