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SAP Exam C_S4CFI_2408 Topic 1 Question 3 Discussion

Actual exam question for SAP's C_S4CFI_2408 exam
Question #: 3
Topic #: 1
[All C_S4CFI_2408 Questions]

On which level do you maintain the long text for a general ledger account?

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Suggested Answer: C

The long text for a general ledger (G/L) account is maintained at the Chart of Accounts level. This allows the description or additional details of the G/L account to be standardized across all company codes that use the same chart of accounts, ensuring consistency in financial reporting and accounting practices across the organization.

References:

SAP S/4HANA Cloud documentation on Financial Accounting

Best practices for Chart of Accounts management in SAP


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