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| Section | Weight | Objectives |
|---|---|---|
| Asset Accounting | 11%-20% | - Asset Lifecycle Management
|
| General Ledger Accounting | 11%-20% | - General Ledger Master Data
|
| Financial Closing Operations | 11%-20% | - Period-End Closing
|
| Organizational Assignments and Integration | 10% or below | - Enterprise Structure
|
| Accounts Receivable | 11%-20% | - Customer Master Data
|
| Accounts Payable | 11%-20% | - Vendor Master Data
|
| Financial Accounting Reporting | 11%-20% | - Reporting and Analytics
|
1. Task Statement: Establish a New Company Code
Bike Company, as a subsidiary within a larger corporate group, is implementing a strategic initiative to improve its financial management infrastructure. The task requires setting up a new company code, organizing General Ledger accounts, establishing number ranges, posting a test journal entry, and reversing that journal entry.
You must create company code GR40 by copying company code 1010 . The new company code must use currency EUR , country DE Germany , and language EN English . You must also copy the G/L accounts from company code 1010.
Then you must create a new G/L account group AE40 with number range AE400000 - AE409999 , create a new non-operating income or expense G/L account in that account group, post a journal entry in company code GR40, and reverse the document 10 days after the original posting date .
Solutions:
| Question # 1 Answer: Only visible for members |
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