BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Change chart of accounts data
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Change client level data
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Change company code data
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Change account descriptions
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Detailed explanation-1: -You can access collective processing of G/L account master records from the G/L accounting menu as well as from General Ledger Accounting Customizing.
Detailed explanation-2: -Company Code in GL Master Data in SAP We use T Code FSS0 for each company code that the system assigns to the chart of accounts.
Detailed explanation-3: -Definition. G/L account master records contain the data that is always needed by the General Ledger to determine the account’s function. The G/L account master records control the posting of accounting transactions to G/L accounts and the processing of the posting data.
Detailed explanation-4: -G/L account master data defines how business transactions are posted on G/L accounts and how the posting data is processed. The master data for an account must exist before any postings can be made to the account.