P_S4FIN_2023 Practice Exam Questions with Answers SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Certification

SKB1

CSKA

SKA1

CSKB

Accruals

Currency valuation

Taxes

Depreciation

Payments

The table GLTO has been removed and replaced by a compatibility view.

The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

The table GLTO has been kept but a compatibility view has been generated to read its content.

The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

Post planned accrual amounts in table ACDOCP and analyze them in reports.

Automatically calculate accruals for purchase orders with posted valuated goods receipt.

Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.

Post and analyze accruals in all currencies defined for the general ledger.

Use internal number ranges in the customer and supplier account groups after the conversion

Use internal number ranges in the BP groupings after the conversion

Use external number ranges in the customer and supplier account groups for the conversion.

Use external number ranges in the BP groupings for the conversion.

The system does NOT use material ledger for actual costing.

The system uses classic asset accounting to manage fixed assets.

The customer does NOT use business partners to manage customers and suppliers

The customer uses the accounts approach for parallel accounting

Depreciation for the new year must be recalculated (transaction AFAR).

All depreciation (transaction AFAB) up to that point must be posted.

Fiscal year change program must have been executed (transaction FAA_CMP).

All APC values must have been posted using report "Periodic Asset Postings".

Define depreciation areas for all currency types.

Activate enterprise extension EA-FIN.

Define a technical clearing account for integrated acquisitions

Assign accounting principles to all depreciation areas

Close all fiscal years except the current one.

Selection of activity prices of other CO-versions in the standard run

Simplified data structure with new table structure

Reduced number of steps in the calculation cockpit

Combined run for both standard and alternative valuations

Customizing is consistent.

All error messages have been accepted.

Customer Vendor Integration can start.

All views are generated successfully.

Only critical error messages have been accepted.

Additional parallel currency

Document splitting

Margin analysis

Additional standard ledger

You can assign each valuation to a separate ledger.

You can assign additional valuations to separate accounts.

You can assign additional valuations to the extension ledgers.

You can assign profit center, group, and legal valuations to the same ledger.

Memo records

Payment methods

Record types

Payment terms

The valuation variant key

The posting period variant key

The number of posting and special periods

The fiscal year variant key

It is used as WIP account from price differences in the material account assignment

It is used as balance sheet account for APC costsin fixed asset accounting.

It is used as inventory account (BSX) in the material account assignment.

It is used as special reserve balance account in fixed asset accounting.

Migrate the material ledger.

Configure accounts for COGS split.

Create document type for CO postings.

Activate attributed profitability analysis

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3

1

2

Select the Record Account Assignment indicator.

Enter value 90 in the cost element category field.

Set the G/L account type to Primary Costs or Revenue.

Define the G/L account as an asset reconciliation account.

Transfer prices

Actual costing results

Parallel currencies

Elimination of intercompany postings