C_TS4FI_2023

What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?. Setting the company code status for legacy data transfer. Posting the summary write off in G/L. Creation of master data. Posting of take over values.

Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question. Account group. Short text. Alternative account number. Field status group. Group account number.

You notice that in the entry view of a document you have fewer items than in the general ledger view. What is the reason for this?. An extension ledger has been configured. The sales tax is posted in details in the general ledger view. The sub-ledger accounts are shown in details in the general ledger view. Document splitting has been activated.

Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question. Balance valuation on items for balance sheet accounts not defined as open item management. Line item valuation for balance sheet accounts not defined as reconciliation account. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management. Line item valuation for balance sheet accounts defined as open item management.

Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?. Business area. Functional area. Profit center. Segment.

As a pre-closing activity, selected suppliers are to confirm their balances. Which confirmation procedure do you use when a response is expected only in case of discrepancies?. Balance confirmation. Account statement. Balance request. Balance notification.

Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs. For which purposes can ICMR be useful? Note: There are 2 correct answers to this question. To trigger elimination of intercompany revenues & costs based on rules configured. To generate automatic elimination of intercompany AR/AP balances. To generate automatic posting to correct intercompany discrepancy. To highlight and solve intercompany data discrepancy triggering a workflow.

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question. Secondary costs resulting from an assessment. Plan depreciation amounts. Primary costs resulting from a distribution. Budgeted costs for a cost center. Intercompany postings.

What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question. Approve the dunning proposal. Schedule the dunning run. Maintain the parameters of the dunning program. Start the dunning printout. Change the dunning proposal.

Where do you assign the group chart of accounts?. Company code. General ledger account. Company. Operating chart of accounts.

Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?. Industry Cloud. Business Network. Intelligent Suite. Experience Management.

You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number. After reversing the document, what do you need to change when reposting the document?. Assignment. Document type. Document number. Posting key.

Your system uses parallel currencies. What is the posting indicator of the depreciation area for the parallel currency?. Does not post to G/L. Posts to G/L in real time. Posts to G/L periodically. Posts APC real time and depreciation periodically.

You notice that the GR/IR account does not have a zero balance. What could be the cause? Note: There are 2 correct answers to this question. A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values. A purchase order has a goods receipt and an invoice receipt with the same quantity and values. A purchase order has a partial invoice receipt but not yet a goods receipt. A purchase order has a partial goods receipt for which we have not yet received an invoice.

The 3-way match is the standard procedure used to post procurement transactions in SAP S/ 4HANA. How does it work?. The goods receipt needs to be created in reference to the purchase order. The 3 logistical steps each generate financial documents. The purchase order needs to be created in reference to a purchase request. The invoice needs to be created in reference to the goods receipt.

Which date must the system determine when you enter an invoice that needs to be paid?. Reference date. Payment date. Order date. Baseline date.

Your company based in France has a permanent establishment in Switzerland where financial statements are required by law. Which organizational unit do you need to create for the permanent establishment in Switzerland?. Company code. Profit center. Business area. Segment.

You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?. They must all belong to the same company. They must have the same configuration for payment transactions. They must be located in the same country. They must belong to the same controlling area.

At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question. Client. Country. Company code. Exchange rate type.

Which of the following objects is only a statistical account assignment for cost postings to an asset?. WBS element. Cost center. Internal order. Profit center.

When defining a new standard ledger, which action must you take to manually post a general journal entry to it?. Assign the ledger to a company code. Assign a chart of accounts to the ledger. Define the underlying ledger. Include the ledger in a ledger group.

What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question. It supports application development and integration. It supports customers in understanding their stakeholder's needs. It helps customers to collaborate to build flexible value chains. It provides data management and analytics.