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You are converting your system to SAP S/4HANA . Which functionality became obsolete in SAP S/4HANA in asset accounting and needs to be. insurance values in the asset master record. non-posting depreciation areas. year-end closing. segment and profit center reporting.

Which values can be posted to a specific ledger? There are 3 correct answer to this question. Depreciation. Taxes. Payments. Accruals. Currency valuation.

You want to sell products from stock. What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA). NOTE: There are 2 correct answers to this question. A collection of primary cost elements to receive the cost portions. A settlement profile to control the settlement of cost portions. An extension ledger with type" line items with technical numbers. A cost splitting profile in general ledger accounting.

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 account conversion. Implementation of additional document splitting. Implementation of additional currency type.

You carry forward balances for your company code and leading ledger to the new fiscal year 2021 and year. What could resolve the error?. Run "calculate depreciation" (transition AFAR) for fiscal year 2021. Post revaluation and new valuation (transition AR29N) for fiscal year 2020. Run the fiscal year change (transition FAA_CMP) to close fiscal year 2019. Post all depreciation (transaction AFAB) for the fiscal year 2020.

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question. Authority check. Custom code check. Simplification item check. SAP readiness check. Global performance analysis.

What can you do with SAP S/4HANA accrual management?. Post planned accrual amounts in table ACDOCP and analyse them in reports. Carry forward accruals to future years independent of the other ledger values. Automatically calculate accruals for asset acquisitions with purchase orders. Post and analyse accruals in all currencies defined for the general ledger.

You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA. What do you need to maintain? NOTE: There are 3 correct answers to this question. Create statistical cost elements for cost and revenues of incoming sales orders. Activate the transfer of incoming sales orders. Activate predictive accounting for incoming sales orders. Setup an extension ledger with type "line items with technical numbers". Activate the indicator for incoming sales orders in the attributes view of the operating concerns.

You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha- numeric document numbers? There are 2 correct answer to this question. Cross company code postings. Corrections due to migrations. Settlement of investment orders. Balance carry forward.

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. Selective data transition. System conversion (Brownfield). Central Finance. New Implementation (greenfield).

How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question. You can assign each valuation to a separate ledger. You can assign additional valuation to special led er(FI-SL). You can assign profit center, group and legal valuation to the same ledger. You can assign additional valuation to the extension ledger.

What are your options for activating actual costing during the productive startup of the material ledger in s/4HANA?. Actual costing is obligatory and is activated by default for all valuation areas. Actual costing is optional. if you do NOT activate if, you can activate it later. Actual costing is optional. if you do NOT activate if, you CANNOT activate it afterward. Actual costing is obligatory and is activated by default for selected valuation areas.

You post a customer invoice from Sales and Distribution in SAP S/4 HANA. but the system terminates the transaction. with the error message "Maximum number of these items In FI reached". what do you need to configure in customising in order to post this invoice successfully?. Data aging for accounting documents. SAP HANA database partitioning. BSEG summarization. ACDOCA summarization.

Which modules need to be updated when you migrate to SAP S/4HANA? Note: there are 2 correct answers to this question. Cash Management (FIN-FSCM-CLM). Credit Management (FI-AR-CR). in-House Cash (FIN-FSCM-IHC). Collections Management (FIN-FSCM-COL).

Which functions are included in Basic Cash Management for SAP S/4HANA? Note: There are 3 correct answers to this question. Memo record management. Workflow approval processing. Check deposit management. Electronic bank statement processing. Rolling liquidity planning.

Which of the following is a prerequisite for conversion to SAP S/4HANA? Choose the correct answer. New Asset Accounting must be active. The SAP migration service must be used. Custom code has to be checked for compatibility. new G/L Accounting must be active.

What are the business benefits of SAP S/4HANA Finance? There are 3 correct answers to this question. Automatic update of custom applications to SAP HANA standards. Single source of truth on the line item level. Reduced system complexity. Overall reporting across financial applications.

Which tables are replaced by compatibility views? There are 3 correct answers to this question. BSEG: Line Item. BSIS: Index for G/L Account. FAGLFLEXT: New G/L Account totals. ANLC: Fixed Assets totals.

Which statements are true for an extension ledger? There are 3 correct answers to this question. Multiple extension ledgers can point to the same underlyinh ledger. Contains a full set of journal entries for all business transactions. Reporting on the extension ledger always includes the data of the underlying ledger. Stores only delta values.

How can you represent different accounting principles in SAP S/4HANA Finance? Choose the correct answers. Accounts approach. Ledger approach.

When document splitting is active, in which table is the splitting information stored? Choose the correct answer. ACDOCA. BSEG. FAGLFLEXA. ACDOCP.

Which statements about the S/4HANA Accrual Engine are correct? There are 3 correct answers to this question. There is no redundant storage of the postings as original document. It is fully integrated into the General Ledger. There are summary records in the Accrual Engine. It enables complex postings, more than two line items are possible by customer defined of posting schemes.

Which of the following statements about the integration of asset accounting tables in the universal journal are true? There are 2 correct answers to this question. No redundancy in data storage. Planned depreciations and revaluation are now stored in ACDOCA. After conversion reporting for previous fiscal years is not possible. No reconciliation-step in financial close. Reconciliation between G/L and AA is necessary. Statistical item are updated as universal journal Entries.

The Basic Cash Management offers workflow capabilities for managing maintenance of bank accounts, Determine whether this statnebt is true or false. False. True.