A global corporation is implementing SAP S/4HANA and requires different depreciation calculations for local statutory reporting (L-GAAP) and group reporting (IFRS). For a specific asset class, L-GAAP requires a 10-year straight-line depreciation, while IFRS mandates an 8-year straight-line method. How should a consultant configure the system to meet these parallel valuation requirements?
A company's procurement department wants to enforce a specific payment term ('Net 45 days') for all vendors belonging to the 'Raw Material Suppliers' account group. However, for a single strategic supplier within this group, a specially negotiated term ('Net 60 days with 2% discount') must be used. What is the most efficient way to configure this in SAP S/4HANA?
A project team is designing the organizational structure for a new implementation. The business requires financial statements to be generated for two distinct lines of business, which operate across multiple company codes. Which organizational element is designed specifically to meet this cross-company code reporting requirement for financial statements like the P&L and Balance Sheet?
During a system audit, it was discovered that a new financial report, which aggregates data from FI and a non-SAP system, was developed by directly modifying a standard SAP function group. This has caused instability during the last support package update. According to SAP's Clean Core principles, what would have been the correct approach to develop this report? (Select TWO)
A company is performing its year-end closing activities in Asset Accounting. The fiscal year change has been completed. However, when the depreciation posting run is executed for the first period of the new fiscal year, it terminates with an error. What is the most likely prerequisite step that was missed?
During the configuration of the automatic payment program (F110), a consultant needs to ensure that payments to foreign vendors are routed through a specific house bank that has multi-currency capabilities, while domestic payments use a different local bank. What combination of settings achieves this differentiation?
A company requires that for a specific G/L expense account, the 'Trading Partner' field must always be populated for intercompany transactions. However, for all other G/L accounts, this field should be optional. Which configuration object controls this field behavior at the G/L account level?
A financial controller needs to perform a foreign currency valuation for open customer invoices at month-end. The company has operations in multiple countries and uses different valuation methods for group reporting (IFRS) versus local reporting. Which objects must be configured to support this process? (Select THREE)
An organization is migrating from a legacy system to SAP S/4HANA. They have chosen a 'Greenfield' implementation approach. What does this imply for their financial data and processes?