SAP Financial Accounting (SAP FI) Practice Exam

What must be done to create a new company code in Germany after acquiring it?

1. Modify existing codes directly

2. Use SAP country templates

3. Reconfigure all previous codes

4. Export data before creating

The correct answer is: Use SAP country templates

Creating a new company code in Germany after an acquisition involves specific procedural steps to ensure compliance with local regulations and effective integration into the existing SAP system. Utilizing SAP country templates is essential because these templates contain pre-defined configurations and settings that align with the legal and operational requirements specific to Germany. They streamline the setup process by providing a framework that incorporates local accounting principles, tax regulations, and reporting standards. By using these templates, organizations can efficiently implement necessary features and adjustments that would otherwise require extensive manual configuration. This approach helps maintain compliance with statutory requirements and ensures a faster integration of the newly acquired company code into the SAP environment. The other options may represent tasks that could be relevant in some contexts, but they do not address the optimal approach to set up a new company code in respect to local requirements. For example, modifying existing codes could lead to inconsistencies and potential compliance issues, while reconfiguring all previous codes or exporting data are not standard practices necessitated by the acquisition itself.