SAP Controlling

Financial Accounting

4.6 Review Answers

Ch.4 Comp.Cd. Global Parameters

1. When setting up company code global parameters, what are the general data the configurer
will need to define? What are the global data the configurer will need to define?
General Data

Company Code
Company Name
City

Currency
Country Key
Language

Field Status Variant

Posting Period Variant

Global Data

Chart of Accounts
Credit Control Area
Fiscal Year Variant

2. Explain the copy function in SAP when creating a new company code.
Copy function can be used to partially copy a company code by allowing the configurer to
select specific data desired to be copied.
3. Explain what is meant by the deletability check performed by SAP before a company code
is deleted?
SAP performs a deletability check before processing the activity, Delete Company Code.
If the company code meets the delete conditions, the process may proceed.
4. What happens when the company code does not meet delete conditions?
The user will be informed that there is dependent data in the system that must be deleted
before the company code can be deleted.
5. During an interview, you learn that your client uses 12 normal posting periods during the
year, and 4 special periods for year-end adjustments. Where is this configured in SAP?
The number of normal posting periods and the number of special periods for year-end
adjustments are defined in the Fiscal Year Variant in SAP.

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November 16

SAP Controlling
Financial Accounting

4.6 Review Answers

Ch.4 Comp.Cd. Global Parameters

6. In a follow up meeting, your client decides they would like to use 12 normal periods and 5
special periods instead. What would you (as a consultant) recommend? Why?
SAP does not allow the sum of the normal posting periods and the special periods to exceed
16. When there are more than 16 periods required, the Special Purpose Ledger may be used
(allows for 366 posting periods).
7. Now assume your client indicates they are on a July to June fiscal year. How and where is
this configured?
To define a fiscal year (which differs from a calendar year) in SAP, you must specify the last
day of each individual posting period and indicate that the fiscal year differs from the calendar
year. On the other hand, when the fiscal year does represent the calendar year, each calendar
month corresponds to a posting period.
8. Your client indicates they would not like the cost center field to appear when a user enters
a general ledger posting to an asset account. They would, however, like the cost center to be
required when a user makes a GL posting to an expense account. Where is this configured?
The field status group defines what fields will be suppressed (do not appear), required (must
enter value during document creation), or optional for a specific type of account. A collection
of field status groups makes up a field status variant. The field status variant is tied to a
company code in the company code global parameters in the IMG.
9. After month-end close, your client would like the ability to close (restrict document entry) the
prior period and open the next period for postings. Where is this done in the SAP? Can this
be controlled based on individual account types (e.g. G/L Accounts, Customer Accounts,
Vendor Accounts)?
A posting period variant controls the status (open or closed) of posting periods for document
creation and maintenance. It can also control the posting status by account types and ranges
of accounts within account types. Posting Period Variants make it possible to maintain the
status of Posting Periods independent of the Company Code (one Posting Period Variant can
be assigned to multiple company codes). The Posting Period Variant is assigned to a company
code in the Company Code Global Parameters in the IMG.
10. What is an account type?
Specifies the accounting area to which an account belongs
11. What are the account types used in the FI module?
S = General Ledger
D = Customers

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November 16

SAP Controlling
Financial Accounting

4.6 Review Answers

Ch.4 Comp.Cd. Global Parameters

K = Vendors
A = Assets
12. How would you specify a posting period to be valid for all account types?
Account type + is used to specify for all account types.

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November 16