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Question 66 - C_S4CFI_2408 discussion

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On which level do you maintain the long text for a general ledger account?

A.

Financial statement version

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A.

Financial statement version

B.

Company code

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B.

Company code

C.

Chart of accounts

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C.

Chart of accounts

D.

Controlling area

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D.

Controlling area

Suggested answer: C

Explanation:

The long text for a general ledger (G/L) account is maintained at the Chart of Accounts level. This allows the description or additional details of the G/L account to be standardized across all company codes that use the same chart of accounts, ensuring consistency in financial reporting and accounting practices across the organization.

References:

SAP S/4HANA Cloud documentation on Financial Accounting

Best practices for Chart of Accounts management in SAP

asked 31/10/2024
AN KANGWOOK
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