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C_TS4FI_2021 Dumps - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Practice Exam Questions

SAP C_TS4FI_2021 - SAP Certified Application Associate Practice Exam

  • Certification Provider:SAP
  • Exam Code:C_TS4FI_2021
  • Exam Name:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Exam
  • Total Questions:80 Questions and Answers
  • Updated on:Nov 23, 2024
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SAP C_TS4FI_2021 This Week Result

C_TS4FI_2021 Question and Answers

Question # 1

Which of the following closing activities is a so-called technical closing step?

Options:

A.  

Process purchase order accruals

B.  

Perform asset depreciation run

C.  

Perform valuations of open items in foreign currency

D.  

Close the previous period in Material Management (MM)

Discussion 0
Question # 2

How can you create an asset under construction?

Note: There are 2 correct answers to this questions.

Options:

A.  

Automatically, when setting capex cost from an internal order

B.  

Automatically, when creating an investment measure

C.  

Automatically, when setting capex cost from a WBS element

D.  

Manually (transaction AS01), using a specific asset class

Discussion 0
Question # 3

In your SAP S4/HANA system, you report financial values for two separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.

If you use the application to post integrated asset acquisitions, how many documents will the system post?

Options:

A.  

2

B.  

4

C.  

3

D.  

1

Discussion 0

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C_TS4FI_2021 FAQs

Stepping into SAP S/4HANA is a great move! For financial accounting, start with the basics like general ledger accounting, accounts payable, and accounts receivable. Understanding how financial transactions are recorded and managed in SAP is key. Also, get a grip on asset accounting and controlling (CO). These are the foundations that everything else in SAP financial accounting builds on.

SAP S/4HANA is packed with awesome features for financial accounting. The real-time financial data processing is a game-changer, allowing for instant insights. It also offers improved user experience with SAP Fiori, making it more intuitive to use. There's streamlined financial operations with integrated processes, and enhanced compliance and risk management tools. Knowing these features lets you work more efficiently and make the most of the SAP system.

For the C_TS4FI_2021 Exam, you'll need a solid understanding of SAP's financial accounting processes in S/4HANA. This includes setting up and managing financial operations, understanding integration points with other SAP modules, and navigating the SAP Fiori interface. Also, be familiar with financial closing activities and reporting. These skills are all about making sure you can handle the practical side of financial accounting in SAP.

SAP S/4HANA for Financial Accounting is a boon for a wide range of industries. Businesses that deal with complex financial transactions or those needing real-time reporting will benefit greatly. This includes sectors like manufacturing, retail, healthcare, and finance. Really, any business looking to streamline its financial processes and gain better insights from its financial data will find this solution super beneficial.

The transition from SAP ECC to S/4HANA has been a major leap for financial accounting! It's brought in more streamlined processes, faster financial closing, and real-time data for decision-making. The user experience is way better, especially with the Fiori interface. Plus, with enhanced analytics and reporting capabilities, financial professionals can get deeper insights more quickly. It's like moving from a bicycle to a sports car in terms of speed and efficiency in financial processes!

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