SAP Certified Associate - Implementation Consultant - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2601)
Certification:
SAP
Question Number:
7
Publish Date:
Sep 01, 2026
Rating
100%
Page: 1 / 2 Total 7 questions
Question 1
Task Statement: Establish a New Company Code Bike Company, as a subsidiary within a larger corporate group, is implementing a strategic initiative to improve its financial management infrastructure. The task requires setting up a new company code, organizing General Ledger accounts, establishing number ranges, posting a test journal entry, and reversing that journal entry. You must create company code GR40 by copying company code 1010 . The new company code must use currency EUR , country DE Germany , and language EN English . You must also copy the G/L accounts from company code 1010. Then you must create a new G/L account group AE40 with number range AE400000 - AE409999 , create a new non-operating income or expense G/L account in that account group, post a journal entry in company code GR40, and reverse the document 10 days after the original posting date .
Correct Answer:
See the complete solution along with all steps and explanation. Explanation: ========= Required Values for Group 40 Requirement Value Source Company Code 1010 New Company Code GR40 Currency EUR Country DE Language EN New G/L Account Group AE40 Account Group Number Range From AE400000 Account Group Number Range To AE409999 G/L Account Type Non-operating income or expense Offsetting G/L Account 10010000 - Petty Cash Posting Company Code GR40 Reversal Date Original posting date + 10 days Part A: Create Company Code GR40 by Copying 1010 Step 1: Open company code customizing From SAP GUI / SAP Easy Access, enter: /nSPRO Click: SAP Reference IMG Follow the IMG path: Enterprise Structure # Definition # Financial Accounting # Edit, Copy, Delete, Check Company Code Open the activity. Step 2: Copy company code 1010 to GR40 In the company code maintenance screen: * Choose: Copy, Delete, Check Company Code * Select or enter source company code: 1010 * Enter target company code: GR40 * Execute the copy. When SAP asks whether dependent entries should also be copied, choose Yes where appropriate. This copies company code settings from 1010 to GR40. Visual Exhibit 1: Company Code Copy Copy Company Code #################################### Source Company Code: 1010 Target Company Code: GR40 Copy dependent entries: Yes #################################### Execute Step 3: Maintain company code details After copying, open company code GR40 and verify/update: Field Value Company Code GR40 Company Name Bike Company GR40 or similar City As copied or suitable Country DE Currency EUR Language EN Save. Visual Exhibit 2: Company Code Details Company Code Details #################################### Company Code: GR40 Company Name: Bike Company GR40 Country: DE Currency: EUR Language: EN #################################### Save Part B: Copy G/L Accounts from Company Code 1010 The task specifically says to copy the G/L accounts from company code 1010. Step 1: Open G/L account company code copy Use SAP GUI transaction: /nOBY2 or IMG path: Financial Accounting # General Ledger Accounting # G/L Accounts # Master Data # Preparations # Copy G/L Accounts from One Company Code to Another Step 2: Copy G/L accounts Enter: Field Value Source Company Code 1010 Target Company Code GR40 Execute. If SAP asks to copy account assignments or company-code-specific G/L data, confirm. Visual Exhibit 3: Copy G/L Accounts Copy G/L Accounts #################################### From Company Code: 1010 To Company Code: GR40 #################################### Execute Part C: Create New G/L Account Group AE40 Step 1: Open account group customizing Use transaction: /nOBD4 or IMG path: Financial Accounting # General Ledger Accounting # G/L Accounts # Master Data # Preparations # Define Account Group Step 2: Create account group AE40 Copy an existing non-operating income/expense account group if available. Create: Field Value Chart of Accounts Same chart used by company code GR40, copied from 1010 Account Group AE40 Description Non-operating Inc/Exp 40 From Account AE400000 To Account AE409999 Save. Visual Exhibit 4: G/L Account Group AE40 Define Account Group ############################################ Chart of Accounts: < same as 1010 > Account Group: AE40 Description: Non-operating Inc/Exp 40 Number Range: From Account: AE400000 To Account: AE409999 ############################################ Save Part D: Create a New G/L Account in Account Group AE40 Step 1: Open Manage G/L Account Master Data Use Fiori app: Manage G/L Account Master Data or SAP GUI transaction: /nFS00 Step 2: Create the new G/L account Choose a number inside the required range, for example: AE400001 Create it in the same chart of accounts used by company code GR40. Use: Field Value G/L Account AE400001 Company Code GR40 Account Group AE40 Account Type Non-operating expense or non-operating income Short Text Non-Operating Expense 40 Long Text Non-Operating Expense Account 40 Currency EUR Tax Category leave blank unless required Field Status Group copy from similar non-operating expense/income account Save. If the system requires a reference account, copy from a similar non-operating expense or income account in company code 1010. Visual Exhibit 5: New G/L Account FS00 - G/L Account Master ############################################ G/L Account: AE400001 Company Code: GR40 Account Group: AE40 Account Type: Non-operating expense/income Short Text: Non-Operating Expense 40 Long Text: Non-Operating Expense Account 40 Currency: EUR Field Status: Same as similar account ############################################ Save Part E: Post General Journal Entry in Company Code GR40 Step 1: Open posting app/transaction Use Fiori app: Post General Journal Entries or SAP GUI transaction: /nFB50 Step 2: Enter header data Use: Field Value Company Code GR40 Journal Entry Date Current date Posting Date Current date Document Type SA, if required Currency EUR Header Text Task 7 Test 40 Step 3: Enter line items Use any amount of your choice. Example: 100.00 EUR Post: Line G/L Account Debit/Credit Amount 1 AE400001 Debit 100.00 2 10010000 Petty Cash Credit 100.00 If your newly created account is configured as income, reverse the debit/credit logic if necessary. The important point is that the journal entry balances and uses the new G/L account and petty cash 10010000. Visual Exhibit 6: Journal Entry Posting Post General Journal Entry ############################################ Company Code: GR40 Posting Date: Current date Document Type: SA Currency: EUR Header Text: Task 7 Test 40 Line 1: G/L Account: AE400001 Debit: 100.00 Line 2: G/L Account: 10010000 Credit: 100.00 ############################################ Simulate # Post Step 4: Simulate and post Click: Simulate Check that total debit equals total credit. Then click: Post Record the posted document number. Example: Document Number: __________ Fiscal Year: 2026 Company Code: GR40 Part F: Reverse the Journal Entry 10 Days Later Step 1: Calculate reversal date If original posting date is current date, reversal date is: Original posting date + 10 days Example: Original Posting Date Reversal Date 27.04.2026 07.05.2026 Step 2: Open reversal transaction Use SAP GUI transaction: /nFB08 or Fiori app: Manage Journal Entries Step 3: Enter reversal data Use: Field Value Document Number Document number from Part E Company Code GR40 Fiscal Year Current fiscal year, likely 2026 Reversal Reason 01, or standard reason allowed by system Posting Date Original posting date + 10 days Visual Exhibit 7: Reverse Journal Entry FB08 - Reverse Document ############################################ Document Number: < Posted document number > Company Code: GR40 Fiscal Year: 2026 Reversal Reason: 01 Posting Date: Original Date + 10 days ############################################ Reverse / Save Step 4: Post reversal Click: Reverse or: Save Expected result: Document < reversal document number > was posted Record the reversal document number. Final Task 7 Result Task 7 is complete when: Requirement Completed Value New Company Code GR40 Source Company Code 1010 Currency EUR Country DE Language EN G/L Accounts Copied From 1010 New Account Group AE40 Account Range AE400000 - AE409999 New G/L Account Example AE400001 Test Journal Entry Posted in GR40 Offsetting Account 10010000 Reversal Date Original posting date + 10 days Reversal Posted successfully Task 7 is completed after the company code is created, G/L account group and G/L account are maintained, the test journal entry is posted, and the document is reversed 10 days after the original posting date.
