Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data?
There are 3 correct answers to this question. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT For a large quantity of legacy data, use batch input procedure (program RAALTD01) For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface For a very large quantity of legacy data, use the direct input procedure (program RAALTD11) For a small quantity of legacy data, use AS100.
You want to post journal entries in a special period. Which conditions must be met?
There are 2 correct answers to this question. The balance carry-forward to the new fiscal year must have taken place. The special period must be open for posting in the period control. You must enter a posting date in the last posting period. You must have specific authorization to post in special periods.
What are some of the personalization options available to users in their SAP Fiori launchpad environment?
There are 3 correct answers to this question. Users can add applications from the catalog assigned to them. Users can add new devices from the catalog assigned to them. Users can remove applications that they do NOT use. Users can remove devices that they do NOT use. Users can add applications for filtered report results.
You want to configure the tax calculation procedures. What are the main elements you need to define?
There are 3 correct answers to this question. Tax code Account or transaction key Country key Sequence of steps Condition type.
Which of the following statements are correct?
There are 2 correct answers to this question. It is possible to design multilevel workflow sequences. A company code can be assigned several workflow variants. The same workflow variant can be assigned to several company codes. A task can be assigned only one possible processor.
When you post a manual incoming payment, which parameters are valid for all payment documents?
There are 2 correct answers to this question. Bank account Journal entry type Tolerance group Residual item.
When adding a bank to the bank directory, which field is required?
Please choose the correct answer. Currency Company code Country Opening date.
Which attributes should you consider when defining asset number ranges?
There are 2 correct answers to this question. Asset number ranges are defined at chart of depreciation level. Each asset class can have either an internal or external number range. Asset number ranges are defined for asset classes and are company code specific. Each asset number range has to be assigned to a unique asset class.
It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?
Please choose the correct answer. Document date and asset value date Document date and posting date. Posting date and asset value date Posting date and entry date.
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Please choose the correct answer. Fact sheet Configuration Transactional Analytical.
Which is the first step in the procedure of making down payments in the customer area?
Please choose the correct answer. Clearing Customer invoice Down payment request Down payment received.
Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing?
There are 2 correct answers to this question. Create the asset history sheet for asset accounting. Post recurring entries for the general ledger. Process bad debt expenses for accounts receivable. Perform foreign currency valuation for accounts payable.
What steps are required to create a substitution in financial accounting?
There are 3 correct answers to this question. Activate the substitution rule Assign the substitution rule to the controlling area Select the correct call point Choose the area of application GL Define the substitution rule with its different steps using the formula editor.
Which system components are directly integrated with asset accounting?
There are 3 correct answers to this question. Bank account management Plant maintenance Quality management Purchasing Investment management.
At which levels can validations and substitutions for financial accounting be defined?
There are 3 correct answers to this question. System data Header Complete document Universal Journal Line item.
For which of the following transactions can you use noted items?
Please choose the correct answer. Vendor payment Down payment request Late payment Customer payment.
Which of the following activities does the system perform during the payment run?
There are 3 correct answers to this question. The system clears open items. The system makes postings to the G/L and AP/AR subledgers. The system exports a list of documents to be paid. The system supplies the print programs with necessary data.
Which ledger-specific configuration can you maintain at company code level?
There are 2 correct answers to this question. Posting period variant Financial statement version Fiscal year variant Field status variant.
For which activities can you use an extension ledger?
There are 2 correct answers to this question. Parallel valuation of depreciation areas Adjustments for consolidation purposes Simulation of foreign currency valuation Configuration of custom fields for financial statements.
The usage of which of the following depreciation types can be activated per depreciation area?
There are 3 correct answers to this question. Ordinary depreciation Special depreciation Unplanned depreciation Scheduled depreciation.
What can you enter in the header section of the Post Outgoing Payments app?
There are 3 correct answers to this question. Value date Bank fees Discount amount Payment terms Customer.
Which of the following account assignments can you configure the system to create complete balance sheet reports for?
There are 3 correct answers to this question. Cost center Profit center Segment Profitability segment Company code.
At which levels can validations and substitutions for financial accounting be defined?
There are 3 correct answers to this question. Complete document Line item System data Universal Journal Header.
What do you configure to allow cross-company-code transactions?
There are 2 correct answers to this question. Clearing accounts Posting keys Special G/L indicator Account types.
Which of the following organizational units are part of the enterprise structure of financial accounting?
There are 3 correct answers to this question. Segment Operating concern Functional area Plant Business area.
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 ledgers for parallel accounting Implementation of chart of accounts conversion Implementation of additional currency type Implementation of document splitting.
You have an invoice for transport expenses for your assets under construction. These expenses can be capitalized per IFRS but not in the local GAAP. What is the best way to handle this?
Please choose the correct answer. Post the invoice to assets under construction, and, after settlement, post a partial scrapping for the local depreciation area. Post the invoice twice: once as an expense to the local ledger group and once more to IFRS. Post the invoice to a clearing account and clear it per ledger group (capitalize for IFRS, expense for local GAAP). Post the invoice to the assets under construction and manage settlement per depreciation area.
In SAP S/4HANA, on which levels can you maintain open posting periods?
There are 2 correct answers to this question. Fiscal year variant Controlling area Segment Posting period variant.
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
There are 2 correct answers to this question. G/L account Posting key Account group Document type.
Which values can you define as prerequisites for triggering the general journal entry verification workflow?
There are 3 correct answers to this question. Cost center Target company code Source company code Profit center Account group.
Which business partner categories are available to manage relationships?
There are 2 correct answers to this question. Customer Bank Person Organization.
On what level can you assign a fiscal year variant to a company code?
Please choose the correct answer. Ledger Depreciation area Valuation area Accounting principle.
At which point is the down payment request created in the integrated down payment process with purchasing?
Please choose the correct answer. Invoice verification Goods receipt Purchase order Purchase requisition.
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting?
There are 2 correct answers to this question. Asset class Depreciation area Account determination key Financial statement version.
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing?
Please choose the correct answer. Display Hide Optional Required.
What settings can you define specifically for an asset class?
There are 3 correct answers to this question. Synchronization rules for asset and equipment Default transaction type for asset posting Maximum amount for low-value asset Asset under construction category Account determination key.
How can you default a value for the cost center in the entire asset class for buildings?
Please choose the correct answer. By changing the assigned screen layout By changing the assigned tab layout By using asset subnumbers By entering it in default account assignments for the general ledger account.
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question. Non-operating expense or income Reconciliation accounts Secondary costs Field status group Balance sheet.
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