SAP Exam C_TS4FI_2021 Topic 7 Question 37 Discussion

Actual exam question for SAP's C_TS4FI_2021 exam

Question #: 37
Topic #: 7

[All C_TS4FI_2021 Questions]

The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new VAT codes 05 and 15 to cover this requirement.

How can you ensure that users use the new tax codes when entering tax relevant documents starting next year?

AEnter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done

BEnter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done

CCreate a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year

DCreate a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year

Show Suggested Answer

Suggested Answer: A, B

by Herminia at Dec 23, 2023, 12:27 AM

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Leontine

4 days ago

I agree, a validation error is the best approach. It'll ensure users don't accidentally use the old codes, and it's more user-friendly than just defaulting to the new ones.

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