For which fields can you enter time-dependent changes in the asset master record? Note: There are 3 correct answers to this question
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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