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Question 46 - C_S4CFI_2408 discussion

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In general journal entries. Which date determines the reporting period in which document values are included?

A.

Journal Entry Date

Answers
A.

Journal Entry Date

B.

Translation Date

Answers
B.

Translation Date

C.

Reference Date

Answers
C.

Reference Date

D.

Posting Date

Answers
D.

Posting Date

Suggested answer: D

Explanation:

In the context of general journal entries in SAP S/4HANA Cloud Public Edition, the 'Posting Date' determines the reporting period in which document values are included. This date is critical as it defines the financial period to which the transaction belongs, affecting the accounting records, financial statements, and the overall financial reporting for that period. Ensuring the correct posting date is vital for maintaining accurate and timely financial information.

References:

SAP S/4HANA Cloud Financial Accounting user guides

SAP Help Portal on general ledger postings

asked 31/10/2024
Szymon Strzep
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