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NEW QUESTION 21
On what level can you assign a fiscal year variant to a company code?
- A. Accounting principle
- B. Depreciation area
- C. Ledger
- D. Valuation area
Answer: A
NEW QUESTION 22
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?
- A. Use internal number ranges in the BP groupings for the conversion and switch to external afterward
- B. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward
- C. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward
- D. Use external number ranges in the BP groupings for the conversion and switch to internal afterward
Answer: C
NEW QUESTION 23
In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?
- A. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.
- B. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.
- C. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.
- D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.
Answer: A
NEW QUESTION 24
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates 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? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 25
How many digits for the amount field on the financial document line item level are supported in the universal journal? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 26
Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.
- A. Running the auto-confirm dispute case program.
- B. Receiving a payment for the open amount.
- C. Running the automatic write-off program.
- D. Posting a credit memo for only cash discount amount.
Answer: B,C
NEW QUESTION 27
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.
- A. Because balance carryforward was performed automatically when closing the previous year
- B. Because balance carryforward was performed for the leading ledger in general ledger
- C. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
- D. Because balance carryforward was performed automatically due to postings to the subledgers in the new year
Answer: B
NEW QUESTION 28
What is the purpose of the retraction workbook? Please choose the correct answer.
- A. Retract planning data from BW to ERP
- B. Retract planning data from ERP to BW
- C. Retract planning data from BPC to ERP
- D. Retract planning data from ERP to BPC
Answer: C
NEW QUESTION 29
Which object do you enter in controlling transactions to update a specific valuation in the universal journal?
- A. Ledger group
- B. Accounting principle
- C. Ledger
- D. Valuation area
Answer: A
NEW QUESTION 30
You are performing a system conversion for a customer that uses classic general ledger 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? There are 3 correct answers to this question.
- A. Accounting principles
- B. Valuation areas (FI)
- C. Document types
- D. Standard ledgers
- E. Ledger groups
Answer: A,B,E
NEW QUESTION 31
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.
- A. New Implementation (greenfield)
- B. Selective data transition
- C. System conversion (Brownfield)
- D. Central Finance
Answer: A,D
NEW QUESTION 32
There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused. How many you charts of depreciation do you migrate?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: E
NEW QUESTION 33
What are the data sources for cash management in SAP S/4HANA? There are 3 correct answers to this question.
- A. Purchase order records
- B. Memo records
- C. Sales order records
- D. Consolidation records
- E. Price records
Answer: A,B,C
NEW QUESTION 34
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question.
- A. It must be assigned to an underlying ledger.
- B. It will generate additional line items in ACDOCA for non-ledger-specific postings.
- C. If asset accounting is used, a depreciation area must be assigned.
- D. It is always active on the system level for all company codes.
Answer: B,C
NEW QUESTION 35
An asset is being acquired through integration with procurement. How is the asset acquisition value posted? Please choose the correct answer.
- A. Non-Valuated acquisition is posted at goods receipt.
- B. Valuated acquisition is posted at invoice receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Valuated acquisition is posted at settlement.
Answer: C
NEW QUESTION 36
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can assign a freely defined currency to an extension ledger.
- B. You can create an extension ledger for which the underlying ledger is an extension ledger.
- C. You can link an accounting principle to a ledger group that contains an extension ledger.
- D. You can manually create a new ledger group that contains an extension ledger.
Answer: C
NEW QUESTION 37
What function is delivered with business function EA-FIN to support SAP S/4HANA?
- A. New Depreciation Engine
- B. Special valuations
- C. Parallel ledgers
- D. Parallel depreciation areas
Answer: A
NEW QUESTION 38
What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.
- A. Define transaction types by depreciation area.
- B. Simultaneously post separate values by depreciation area.
- C. Post revenue for retirements by acquisition and production cost.
- D. Assign separate settlement rules for depreciation areas.
- E. Complete periodic acquisition and production cost adjustments postings.
Answer: B,C,D
NEW QUESTION 39
You your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.
- A. Errors must be clarified and uncritical errors must be ignored
- B. All errors related to the close years can be ignored
- C. All errors must be corrected during migration to complete it
- D. Critical errors must be resolver in the production system before Go-live
Answer: C,D
NEW QUESTION 40
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