Podcast
Questions and Answers
What type of data can be defined using the Define Master Data for Consolidation Fields app?
What type of data can be defined using the Define Master Data for Consolidation Fields app?
- Specific fields for consolidation such as profit center (correct)
- General ledger accounts only
- Inventory management data
- Employee data records
How many member IDs does the profit center have exclusively for consolidation purposes?
How many member IDs does the profit center have exclusively for consolidation purposes?
- 6 (correct)
- 15
- 1009
- 1015
What is the main use of creating custom fields in the ACDOCU system?
What is the main use of creating custom fields in the ACDOCU system?
- To enhance reporting and posting interfaces with additional data (correct)
- To replace standard fields completely
- To connect to third-party applications only
- To store non-financial data
How many total records can be posted to via group journals or flexible uploads, combining consolidation-only and standard profit centers?
How many total records can be posted to via group journals or flexible uploads, combining consolidation-only and standard profit centers?
What kind of analysis reports can be produced by defining additional master data?
What kind of analysis reports can be produced by defining additional master data?
Which processes and apps automatically have access to custom fields?
Which processes and apps automatically have access to custom fields?
In which of the following situations are values on custom fields not kept in the posted documents?
In which of the following situations are values on custom fields not kept in the posted documents?
Which feature allows for the inclusion of custom fields in Selection Objects?
Which feature allows for the inclusion of custom fields in Selection Objects?
What can custom FS item attributes be used in?
What can custom FS item attributes be used in?
Which of the following statements about custom field attributes is true?
Which of the following statements about custom field attributes is true?
Flashcards
Custom Fields in Consolidation
Custom Fields in Consolidation
Custom fields can be used to store extra information in various processes like posting journal entries, uploading financial data and defining validation rules.
Consolidation and Custom Fields
Consolidation and Custom Fields
The main consolidation process automatically processes data from custom fields, maintaining consistency and minimizing errors.
Custom Fields Behavior during Consolidation
Custom Fields Behavior during Consolidation
Based on the consolidation feature, custom field values might be kept in the posted documents or not.
Custom Attributes in Consolidation
Custom Attributes in Consolidation
Signup and view all the flashcards
Usage of Custom FS Item Attributes
Usage of Custom FS Item Attributes
Signup and view all the flashcards
What is additional master data in consolidation?
What is additional master data in consolidation?
Signup and view all the flashcards
What are "custom fields" in SAP?
What are "custom fields" in SAP?
Signup and view all the flashcards
How are custom fields used in reporting?
How are custom fields used in reporting?
Signup and view all the flashcards
What is the "Define Master Data for Consolidation Fields" app?
What is the "Define Master Data for Consolidation Fields" app?
Signup and view all the flashcards
How are Member IDs used in consolidation?
How are Member IDs used in consolidation?
Signup and view all the flashcards
Study Notes
Additional Master Data for Consolidation
- Define Master Data for Consolidation Fields app allows defining master data (e.g., business area, segment, profit center, customer group) beyond standard general ledger data.
- This supports consolidation processes and analysis reports.
- Enables adding external company master data for group reporting, not present in the SAP S/4HANA general ledger.
- Example: 6 profit center member IDs are consolidated only, representing external profit centres.
- 1009 member IDs are from standard SAP S/4HANA profit center master data.
- Total of 1015 records can be posted via group journals or flexible uploads.
Custom Fields
- Business users often require custom fields integrated into posting and reporting interfaces.
- Example: "Brand" custom field.
- Custom fields are automatically available in various processes:
- Posting group journal entries
- Flexible upload of reported financial data
- Group reporting bulk import/update
- Universal journals release
- Validation rule definition
- Selection definition
- Consolidation process supports custom fields.
- Custom field values are handled differently depending on the consolidation feature:
- Some features keep custom field values in posted documents (e.g., reclassification, balance carry forward, preparation for consolidation group changes).
- Other features do not keep custom field values in posted documents (e.g., calculation of net income, activity-based consolidation of investments).
- Custom fields can be included in consolidation selection objects in certain cases.
Custom Attributes
- Ability to create custom attributes for consolidation units and financial statement (FS) items.
- Example: 11100 - Cash on Hand FS item has a customer-specific "Lifecycle Phase" target attribute.
- Custom FS item attributes can be used in various areas:
- Selection objects
- Reclassification rules
- Totals validation rules
- Group reporting analytics
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
Description
This quiz covers the functionalities of the Master Data for Consolidation Fields app in SAP S/4HANA. It explores the ability to define additional master data that supports consolidation processes and the integration of custom fields into various reporting interfaces. Understand how these features enhance group reporting and data management.
