BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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It performs tax adjustments for cash discounts and other forms of deductions.
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It posts the tax amount to tax accounts.
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It checks the tax amount entered and automatically calculates the tax.
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It performs the adjustment to the tax codes and automatically updates the procedure.
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It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
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Detailed explanation-1: -S/4HANA includes embedded analytics that allow users to perform real-time analytics on live transactional data. This is done through Virtual Data Models, prebuilt models and reports based on SAP HANA Core Data Services that analyze HANA operational data without requiring a data warehouse.
Detailed explanation-2: -S/4HANA provides light process automation so organizations can automate routine tasks such as running reports that previously were done manually, freeing up workers to focus on more productive actions. Robotic process automation tools can also be added to speed and streamline business processes.
Detailed explanation-3: -The Business requirements have significantly changed or evolved whereas the corresponding ERP set up has not kept pace due to various reasons such as availability of time / resources / budget for updating the processes in the IT landscape.