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M3-123 Exam - Question 14


Which two of the following items must be completed before you record the year-end profit or loss on General Ledger. Calculate Profit/Loss (GLS995/E)? (Choose two.)

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pip1234Options: CD
Sep 28, 2024

GLS995 'General Ledger. Calculate Profit/Loss' uses the FAM function GL99. The FAM function GL99 is specifically defined for the purpose of recording the year-end profit or loss in the general ledger. According to the M3 Financial Accounting User Guide, FAM function GL99 must be defined in ‘FAM Function. Open’ (CRS405)