[2023] Use Valid New P-S4FIN-2021 Test Notes & P-S4FIN-2021 Valid Exam Guide [Q32-Q46]

Rate this post

[2023] Use Valid New P-S4FIN-2021 Test Notes & P-S4FIN-2021 Valid Exam Guide

P-S4FIN-2021 Actual Questions Answers PDF 100% Cover Real Exam Questions

Q32. Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

The valuation view for the extension ledger

The financial statement version for both types of ledgers

The fiscal year variant for the standard ledger

The posting period variant for the extension ledger

Q33. What system configuration in your customer’s current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

The system does NOT use material ledger for actual costing.

The system uses classic asset accounting to manage fixed assets.

The customer does NOT use business partners to manage customers and suppliers

The customer uses the accounts approach for parallel accounting

Q34. The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?

There is no need to use such offset accounts anymore because of real-time postings

The extra offset account has to be used as in the classic Asset Accounting

The accounts approach must be replaced because the ledger approach is the only valid option

The extra offset account is obsolete and will be replaced by the technical clearing account

Q35. Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Implementation of real-time integration of controlling to financial accounting

Implementation of chart of accounts conversion

Implementation of an additional standard ledger for parallel accounting

Implementation of document splitting

Q36. Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?

The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN U VALUES

The plan/actual variance is calculated for the annual capital expense reporting on statistical cost LJ elements (type 90).

The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.

The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year i s triggered.

Q37. What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers

Reconciliation for entities in asset accounting is not included

New currency fields are NOT updated for existing data

Calculated values are NOT added to the ACDOCA

Archived data cannot be enriched with the new currency

Q38. In your company code, you report on profit centre and segment level. You post a single invoice. What document splitting process does the system use to assign the correct profit centres and

Document splitting inheritance

Default account assignment

Active document splitting

Passive document splitting

Q39. Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA.
What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question

Implementation of additional document splitting

Implementation of additional currency type

Implementation of chart of account conversion

Implementation of additional ledgers for parallel accounting

Q40. You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?

Only interval 3

Only interval 2

Intervals 1 and 3

Intervals 1 and 2

Q41. You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.Which scenario can be used?Note: There are 2 correct answers to this question.

SAP Standard Conversion

New implementation

Selective Data Transition

Chart of Accounts Conversion

Q42. You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question

COSS

BSEG

COBK

ACDOCA

Q43. How many digits for the amount field on the financial document line item level are supported in the universal journal

Q44. You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied. How do you handle these company codes?

Migrate all company codes of the client.

Archive all data from unused company codes.

Migrate all company codes you selected in customizing.

Migrate all company codes flagged as productive.

Q45. Which processes create an artificial controlling document? 2 correct answers

FI posting of primary costs to production order

Stock material consumption on project

Internal activity allocation to sales order

Assessment from cost center to account based profitability analysis

Q46. Which object do you enter in controlling transactions to update a specific valuation in the universal journal?

Ledger group

Valuation area

Ledger

Accounting principle

Loading …

To prepare for the SAP P-S4FIN-2021 exam, candidates are advised to have several years of experience working with SAP ERP financials, as well as a solid understanding of financial accounting principles and practices. There are several resources available to help candidates prepare for the exam, including official SAP training courses, online study materials, and practice exams. Achieving certification in financials in SAP S/4HANA demonstrates a high level of expertise and knowledge in financial management processes, which can lead to increased job opportunities and career advancement in the SAP ecosystem.

P-S4FIN-2021 Exam questions and answers: https://www.real4dumps.com/P-S4FIN-2021_examcollection.html

[2023] Use Valid New P-S4FIN-2021 Test Notes & P-S4FIN-2021 Valid Exam Guide [Q32-Q46]

Leave a Reply Cancel reply

Related Posts

Pass SAP C_TS410_2020 With Real4dumps Exam Dumps – Updated on May-2022 [Q39-Q61]

[Q37-Q54] Pass SAP SAP Certified Application Associate – SAP S/4HANA Cloud public edition – Finance Exam in First Attempt Guaranteed Updated Dump from Real4dumps!

Get New 2022 Valid Practice SAP Certified Application Associate C-ARSUM-2202 Q&A – Testing Engine [Q19-Q34]