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How do you configure periodic vs. YTD translation?
You configure periodic vs. YTD (Year-to-Date) translation using the currency translation indicator. The currency translation indicator determines the method used for translating amounts in foreign currencies to the group currency, either periodically or cumulatively (YTD). (Reference: https://help.sap.com/viewer/0fa84c9d9c634132a6c3d6f3508c54a3/1809.002/en-US/0b3dbd7c0e264b62a7e2d2a1e7d31fbc.html)
What must be configured in order to release plan data into SAP S/4HANA Finance for group reporting?
What can be left blank in a group journal entry substitution rule?
In a group journal entry substitution rule, the precondition can be left blank. A precondition is used to define the specific circumstances under which a substitution should be applied. If it is left blank, the substitution will be applied to all relevant journal entries without any restriction.
In a validation method, what operands can you use?
Note: There are 2 correct answers to this question.
In a validation method, you can use operands like Amount, which represents the monetary value, and Quantity, which represents the number of units.
What does balance carry forward do?
Balance carry forward in group reporting carries forward reporting FS (Financial Statement) items to the same FS item as in the previous year by default unless otherwise specified. This ensures that the opening balances for the new fiscal year are correctly set based on the closing balances of the previous fiscal year.
