C_S4FCC_2021 Exam Dumps : SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the tasks that must be run before the activity based investment & equity elimination are:

• Calculate net income: This task calculates the net income of each consolidation unit based on their income statement items. The net income is used to determine the share of profit or loss of each parent unit in their subsidiaries.
• Calculate group share: This task calculates the group share percentage of each parent unit in their subsidiaries based on their ownership percentage and consolidation method. The group share percentage is used to determine the amount of investment and equity elimination.

According to the SAP S/4HANA Finance for Group Reporting Associates documents1, the translation setting in the sequence that would allow you to preserve an existing group currency amount is reference rate. Reference rate is a field that defines the exchange rate that is used to translate local currency amounts into group currency amounts. If you want to preserve an existing group currency amount, you can set the reference rate to 1, which means no translation will take place.

In order to reclassify local finished goods into corporate finished goods inventory using a reclassification method sequence, you must maintain settings such as destination and source1.