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SAP Exam P_S4FIN_2023 Topic 5 Question 8 Discussion

Actual exam question for SAP's P_S4FIN_2023 exam
Question #: 8
Topic #: 5
[All P_S4FIN_2023 Questions]

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

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Suggested Answer: A, B

Contribute your Thoughts:

Sherell
22 hours ago
Okay, let's see. Valuation areas, standard ledgers, and accounting principles. Sounds like we need to set up the financial reporting structure to handle the conversion. Easy peasy!
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Iluminada
17 days ago
I believe valuation areas are also important for migrating the account values in S/4HANA.
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Carry
19 days ago
I agree with Magda. We also need to configure accounting principles for the migration.
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Magda
20 days ago
I think we need to configure standard ledgers for local and international accounting standards.
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