2025 Updates For the Latest P_S4FIN_2023 Free Exam Study Guide!
Best P_S4FIN_2023 Exam Preparation Material with New Dumps Questions
NEW QUESTION # 10
You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?
- A. Depreciation areas for parallel currencies
- B. Insurance values in the asset master records
- C. Non-posting depreciation areas
- D. Year-end closing
Answer: B
NEW QUESTION # 11
What can you do with SAP S/4HANA Accrual Management?
- A. Post and analyze accruals in all currencies defined for the general ledger.
- B. Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.
- C. Automatically calculate accruals for purchase orders with posted valuated goods receipt.
- D. Post planned accrual amounts in table ACDOCP and analyze them in reports.
Answer: B
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 12
On what level can you assign a fiscal year variant to a company code?
- A. Ledger group, for standard ledger type
- B. Ledger, for standard ledger type
- C. Ledger group, for any type of ledger
- D. Ledger, for any type of ledger
Answer: D
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 13
What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?
- A. Assign 2 or more accounting principles to the leading ledger
- B. Assign 2 or more ledgers to 1 accounting principle
- C. Assign 2 or more accounting principles to 1 valuation area
- D. Assign 2 or more accounting principles to the non-leading ledger
Answer: A
NEW QUESTION # 14
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.
- A. Activate enterprise extension EA-FIN.
- B. Close all fiscal years except the current one.
- C. Assign accounting principles to all depreciation areas
- D. Define depreciation areas for all currency types.
- E. Define a technical clearing account for integrated acquisitions
Answer: A,B,D
NEW QUESTION # 15
Which values are stored in the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A. Actual costing results
- B. Elimination of intercompany postings
- C. Parallel currencies
- D. Transfer prices
Answer: C,D
NEW QUESTION # 16
Which fields do you maintain when defining the source ledger for migration of balances? Note: There are 2 correct answers to this question.
- A. Year
- B. Company code
- C. Source table
- D. Period
Answer: A,B
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 17
For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.
- A. Parallel update of the two types of profitability analysis
- B. Actual activity price determination
- C. Actual costing
- D. Parallel valuation for transfer pricing
Answer: C,D
NEW QUESTION # 18
Which of the following can you use to explore released APIs?
- A. SAP Integration Suite
- B. SAP Application Interface Framework
- C. SAP Business Accelerator Hub
Answer: C
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 19
You activate account-based CO-PA (Profitability Analysis) during migration.How is the system affected?
Note: There are 3 correct answers to this question.
- A. Cost component split (COGS) can be configured in financial accounting.
- B. Value fields will be added to the universal journal.
- C. Historical data will be enriched with characteristics by derivation.
- D. Characteristics will be added to the universal journal.
- E. Cost-based CO-PA can still be used in parallel.
Answer: A,D,E
NEW QUESTION # 20
In an on-premise SAP S/4HANA system, which of the following features is mandatory?
- A. Universal parallel accounting
- B. Registration for Indirect Taxes Abroad
- C. Material ledger
- D. Document splitting
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 21
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.
- A. Implementation of document splitting
- B. Implementation of real-time integration of controlling to financial accounting
- C. Implementation of an additional standard ledger for parallel accounting
- D. Implementation of chart of accounts conversion
Answer: A,C
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 22
You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?
- A. First interval 3, then interval 1 if interval 3 is not maintained
- B. Only interval 3, no other intervals checked if interval 3 is not maintained
- C. First interval 3, then intervals 1&2 if interval 3 is not maintained
- D. First interval 3, then interval 2 if interval 3 is not maintained
Answer: B
NEW QUESTION # 23
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 24
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.
- A. Valuation areas (FI)
- B. Document types
- C. Ledger groups
- D. Standard ledgers
- E. Accounting principles
Answer: E
NEW QUESTION # 25
Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.
- A. Cash management
- B. Account-based profitability analysis
- C. Actual costing
- D. Costing-based profitability analysis
Answer: A,B
NEW QUESTION # 26
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Central finance
- B. Private cloud
- C. On premise
- D. Public cloud
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 27
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?
- A. New depreciation engine is used.
- B. New asset accounting is activated.
- C. Settlement of assets under construction per ledger is possible.
- D. Multiple depreciation areas for foreign currencies can be created.
Answer: B
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 28
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Accounting principle
- B. Valuation area
- C. Currency type
- D. Document type
Answer: A,B
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 29
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