Configuring Global Settings

Question 1

How to maintain a Fiscal Year Varient?

Answer 1

1. SPRO
2. Reference IMG Activity
3. Financial Accounting
4. Financial Accounting Global Settings
5. Fiscal Year & Posting periods
6. Maintain Fiscal Year Varient

Question 2

Short key to maintain a “Fiscal Year Varient”

Answer 2

OB29

Question 3

What is the next step after maintaing Fisacl Year Varient?

Answer 3

Assigning CoCd to Fiscal Year Varient

Question 4

Short key to Assign CoCd to Fiscal Year Varient?

Answer 4

OB37

Question 5

How to define a Posting Period Varient?

Answer 5

1. SPRO
2. Reference IMG Activity
3. Financial Accounting
4. Financial Accounting Global Settings
5. Fiscal Year & Posting Period
6. Posting Period
7. Define opening posting Period

Question 6

Short key to define Posting Period

Answer 6

OBBO

Question 7

What is the Next step after defining opening Posting Period?

Answer 7

“Assigning CoCd to Posting Period Varient”

Question 8

Is there any short key to Assign CoCd to posting Period Varient?

Answer 8

OBBP

Question 9

Path to assign Posting period varient to CoCd?

Answer 9

1. SPRO
2. Financial Accounting
3. Financial Accounting Global Settings
4. Ledgers
5. Fiscal Year & Posting Period
6. Postiong Period
7. Assign Varient to CoCd

Question 10

What is the Next step after Assigning Posting Period Varient?

Answer 10

1. Chart of Accounts Settings

Question 11

Path to define Chart of Accounts [COA]?

Answer 11

1. SPRO
2. Refernece IMG Activity
3. Financial Accounting
4. General Ledger Accounting
5. Master Data
6. G/L Accounts
7. Prepartions
8. Edit Chart of Accounts

Question 12

Short keys to define COA?

Answer 12

OB13

Question 13

What is the next step after defining COA?

Answer 13

The next step after making COA is Assigning COA to CoCd

Question 14

Is there any short key to Assign COA to CoCd?

Answer 14

OB62

Question 15

Proper Path to assign COA to CoCd?

Answer 15

1. SPRO
2. Refernece IMG Activity
3. Financial Accounting
4. General Ledger Accounting
5. Master Data
6. G/L Accounts
7. Preperations
8. Assign CoCd to Chart of Accounts

Question 16

What is the next step after Assigning CoCd to Chart of Accounts?

Answer 16

Define Account Group

Question 17

What is the Proper path to define Account Group?

Answer 17

1. SPRO
2. Refernece IMG Activity
3. Financial Accounting
4. General Ledger Accounting
5. Master Data
6. G/L Accounts
7. Preperations
8. Define Account Group

Question 18

is there any short key to Define Account Group

Answer 18

OBD4

Question 19

What is the next step after defining Account Group?

Answer 19

Define Retained Earning Account

Question 20

Proper Path to Define Retained Earning Account

Answer 20

1. SPRO
2. Refernece IMG Activity
3. Financial Accounting
4. General Ledger Accounting
5. Master Data
6. G/L Accounts
7. Preperations
8. Define Retained Earning Account

Question 21

Is there any short key to define Retained Earning Account?

Answer 21

OB53

Question 22

What is the Next step after defining Retained Earning Account?

Answer 22

Define Settings for Ledgers and Currency Types

Question 23

Path to Define Settings for Ledgers and Currency Types

Answer 23

1. SPRO
2. Reference IMG Activity
3. Financial Accounting
4. Financial Accounting Global Settings
5. Ledgers
6. Define Setting for ledgers & Currency Type

Question 24

How to define Field Status Varient?

Answer 24

1. SPRO
2. Reference IMG Activity
3. Financial Accounting
4. Fianncial Accounting Global Settings
5. Ledgers
6. Fields
7. Define Field Status Varient

Question 25

Is there any short key to define Field Status Varient?

Answer 25

**OBC4**

Question 26

Is defining Field Status varient enough?

Answer 26

No you have to define **Field Status Group** too.

Question 27

What is the next step after defining Field Status Group and Filed Status Varient?

Answer 27

**Assigning Filed Status Varient to CoCd**

Question 28

Is there any short key to Assign CoCd to Field Status Varient?

Answer 28

**OBC5**