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Good News !!! P_S4FIN_2021 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts is now Stable and With Pass Result

P_S4FIN_2021 Practice Exam Questions and Answers

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts

Last Update 21 hours ago
Total Questions : 80

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Question # 1

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

Options:

A.  

Valuation areas (FI)

B.  

Standard ledgers

C.  

Document types

D.  

Accounting principles

E.  

Ledger groups

Discussion 0
Question # 2

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

Options:

A.  

A non-leading ledger

B.  

The summarization in ACDOCA

C.  

An extension ledger

D.  

Zero balance indicator for profit center

Discussion 0
Question # 3

Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

Options:

A.  

The table GLTO has been removed and replaced by a compatibility view.

B.  

The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

C.  

The table GLTO has been kept but a compatibility view has been generated to read its content.

D.  

The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

Discussion 0
Question # 4

What cost center planning process can write data directly to plan item table ACDOCP?

Options:

A.  

Internal activity price calculation

B.  

Planning in SAP Analytics Cloud

C.  

Manual planning of statistical key figures

D.  

Formula planning with templates

Discussion 0
Question # 5

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

Options:

A.  

Cost-based CO-PA can still be used in parallel.

B.  

Characteristics will be added to the universal journal.

C.  

Value fields will be added to the universal journal.

D.  

Historical data will be enriched with characteristics by derivation

E.  

Cost component split (COGS) can be configured in financial accounting.

Discussion 0
Question # 6

You are converting your system to SAP S/4HAN

A.  

Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

Options:

A.  

Depreciation areas for parallel currencies

B.  

Non-posting depreciation areas

C.  

Year-end closing

D.  

Insurance values in the asset master records

Discussion 0
Question # 7

You create a G/L account and set the cost element category to 42 (assessment).In what table isthe cost element category updated?

Options:

A.  

SKB1

B.  

CSKA

C.  

SKA1

D.  

CSKB

Discussion 0
Question # 8

In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

Options:

A.  

Accruals

B.  

Currency valuation

C.  

Taxes

D.  

Depreciation

E.  

Payments

Discussion 0
Question # 9

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

Options:

A.  

Reconciliation account

B.  

Classic open item management

C.  

Extended open item management

D.  

Ledger specific open item management

Discussion 0
Question # 10

Which of the following is a prerequisite to activate takeover values between depreciation areas?

Options:

A.  

Takeover values are possible across all depreciation areas.

B.  

Only one depreciation area per chart of depreciation is assigned 00.

C.  

Depreciation areas must be assigned to the same accounting principles

D.  

Takeover values are no longer supported in SAP S/4HAN

A.  

Discussion 0
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