Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

SAP Exam P_S4FIN_2023 Topic 4 Question 24 Discussion

Actual exam question for SAP's P_S4FIN_2023 exam
Question #: 24
Topic #: 4
[All P_S4FIN_2023 Questions]

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

Show Suggested Answer Hide Answer
Suggested Answer: B

by Lera at Mar 07, 2025, 12:31 AM

Limited Time Offer

25%

Off

Get Premium P_S4FIN_2023 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Johnathon
12 days ago
This question is making my head spin! I hope the exam doesn't feature too many 'parallel accounting' curveballs.
upvoted 0 times
Tommy
3 days ago
A) Assign 2 or more ledgers to 1 accounting principle
upvoted 0 times
...
...
Jutta
14 days ago
Option B is the way to go! Assigning multiple accounting principles to a single valuation area sounds like a real time-saver.
upvoted 0 times
...
Mattie
1 months ago
I think I'll go with option C. Assigning multiple accounting principles to the non-leading ledger seems like a logical choice.
upvoted 0 times
Tayna
1 days ago
User 3: I agree, it allows for more flexibility in reporting.
upvoted 0 times
...
Alecia
5 days ago
User 2: That makes sense, assigning multiple accounting principles to the non-leading ledger can be useful.
upvoted 0 times
...
Jacquline
15 days ago
User 1: I think I'll go with option C.
upvoted 0 times
...
...
Laurel
1 months ago
Hmm, the parallel accounting feature seems pretty complex. I hope the exam doesn't go too in-depth on this topic.
upvoted 0 times
Lashawnda
4 days ago
It can be confusing, but it's important to understand for the exam.
upvoted 0 times
...
Lashon
28 days ago
C) Assign 2 or more accounting principles to the non-leading ledger
upvoted 0 times
...
Verlene
29 days ago
A) Assign 2 or more ledgers to 1 accounting principle
upvoted 0 times
...
...
Tarra
2 months ago
That makes sense, it would help in managing different accounting principles for reporting purposes.
upvoted 0 times
...
Louisa
2 months ago
I think it allows you to assign 2 or more accounting principles to the leading ledger.
upvoted 0 times
...
Louann
2 months ago
Option D sounds like the right choice, but I'm not 100% sure. I'll have to read up more on ledger configuration.
upvoted 0 times
Freeman
7 days ago
Exactly, it's a useful feature for ledger configuration.
upvoted 0 times
...
Berry
15 days ago
I see, so it allows for multiple accounting principles in the leading ledger.
upvoted 0 times
...
Tequila
1 months ago
Yes, that's right. It helps in parallel accounting using G/L accounts.
upvoted 0 times
...
Pamella
1 months ago
I think option D is correct, it allows you to assign 2 or more accounting principles to the leading ledger.
upvoted 0 times
...
...
Tarra
2 months ago
What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?
upvoted 0 times
...

Save Cancel