Free SAP C_S4FCC_2021 Practice Exam with Questions & Answers | Set: 3

When using equity pickup in SAP S/4HANA Finance for group reporting, you need to run the Equity Pickup app. This app calculates the equity pickup amounts and updates the relevant data.

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, fiscal year variants can be assigned to:

• Consolidation ledgers: A consolidation ledger is a data container that stores the consolidated data for a specific consolidation scenario and fiscal year variant. A consolidation ledger can have multiple versions to store different versions of consolidated data.
• Versions: A version is a data container that stores a specific version of consolidated data within a consolidation ledger. A version can have different settings than the consolidation ledger, such as fiscal year variant, currency translation indicator, etc.

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, group journal validation and substitution have the following things in common:

• Preconditions: Conditions that define when a validation or substitution rule is executed. Preconditions can be based on different dimensions or attributes of the data, such as company code, account type, etc.
• Filtering logic: Logic that defines how data is filtered and selected for validation or substitution purposes. Filtering logic can be based on different operators or expressions, such as equal to, greater than, contains, etc.

the best way to run a YTD report is to use the YTD measure in the report. YTD stands for year-to-date and refers to the cumulative amount of data from the beginning of the fiscal year to the current period. The YTD measure is a predefined measure that calculates the YTD amount for each FS item based on their role attribute and period mode.