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C_TS4FI_2020

Exam Code: C_TS4FI_2020

Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)

Version: V13.95

Q & A: 202 Questions and Answers

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NEW QUESTION: 1
You are about to set up an accounting calendar for a new set of books at ABC.com.
ABC.com's fiscal year end is March 31.
The company is not sure if it wants to convert one year or two years of history in the GL.
The controller wants to choose conversion of one-year history for an April 1, 2007 go-live date, but also wants to keep the option open for conversion of two-year history (to be decided before the golive date). ABC.com will use the GL Translation functionality, beginning from the first period, with historical GL balances.
Which solution would meet ABC.com's requirement?
A. Define the calendar for Mar-05 through Mar-08. Open Mar-06 though Apr-06 periods. Plan to convert historical data from Apr-06. If they choose a two-year history, they can always open Apr05 later.
B. Define the calendar for Apr-05 through Mar-08. Open Apr-06 as the first period to convert historical data. If they choose a two-year history, they can always open Apr-05 later.
C. Define the calendar for Apr-05 through Mar-08. Open Apr-05 through Apr-06 periods. Plan to convert historical data from Apr-06 through Mar-07. If they choose a two-year history, they can always open Apr-05 later.
D. Define the calendar for Mar-05 through Mar-08. Open Apr-06 as the first period to convert historical data. If they choose a two-year history, they can always open Apr-05 later.
E. Define the calendar for Mar-05 through Mar-08. Open Mar-05 through Apr-06 periods. Plan to convert historical data from Apr-06 through Mar-07. If they choose a two-year history, they can always close all periods except Apr-06 later.
Answer: E

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