|1. How do you identify an asset as an asset under construction? • The asset capitalization date is empty • The ordinary depreciation start date is empty • The asset belongs to a specific class • The asset is assigned to NO depreciation area.
What are the pillars of the of the SAP Fiori user experience? 3 correct • Role-based • User-based • Simple • Vibrant • Responsive.
What do you need to do to configure a new exchange rate type in SAP S4HNA? 2 correct • Specify the direct or indirect quotation • Maintain exchange rates daily • Set up the relationship between currencies using transaction ratios. • Specify a purpose for the exchange rate type.
Which of the following statements are valid for financial document number ranges? 3 correct • All financial document number range can contain numbers and/or letters • Financial document number ranges defined at client level should not overlap • Financial document number ranges are defined at company code level • The same financial document number ranges can be assigned to several documents types • Financial document number ranges must be defined for the year in which they are used.
How do you configure depreciation areas in SAP S4HANA? 2 Correct • Assign a ledger group to each depreciation area • Ensure each accounting principle is assigned to a depreciation area • Assign depreciation area 01 to the leading ledger. • Ensure depreciation areas always post to the general ledger.
What field can you change on a posted invoice? • Tax code • Payment term • Special G/L indicator • Cost center.
Your SAP S4HANA system is integrated with controlling. You perform cost of sales accounting and you report your profit and loss per profit center. When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures? • Functional area • Cost center • Business area • Segment.
How does SAP S4HANA support the treatment of taxes? 3 correct. • It checks the tax codes and automatically updated the tax rates based on changes by the tax authorities • It performs tax adjustments for cash discounts and other forms of deductions • It checks the tax amount entered and automatically calculates the tax • It performs the adjustment to the tax codes and automatically updates the procedure • It post the tax amount to tax account.
9. What is the purpose of the chart of depreciation? • The chart of depreciation defines the asset classes for which you can create fixed asset • The chart of depreciation substitutes the operational chart of accounts in asset-related posting • The chart of depreciation facilitates country-specific legal valuation of fixed asset • The chart of depreciation is a reporting toll that structures your assets for hierarchical reporting.
You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date? 3 correct. • Document date • Value date • Posting date • Goods receipt date • Entry date.
You are responsible for implementing Asset accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms. What configuration step would you maintain these categories in SAP S4HANA? • Configure depreciation keys and calculation keys • Define asset classes and maintain their attributes • Define general ledger accounts per each category of legacy asset • Copy chart of depreciation and maintain depreciation areas.
You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are the year-end closing program checks for Asset Accounting? Note: There are 2 correct answers to this question. Depreciation is posted in full Assets are complete and error free Fixed asset fiscal year change is complete General ledger and subledgers are closed.
What does the document spliting do? It enriches all secondary cost element account lines with the defined spliting characteristics It enriches all revenue account lines with the defined spliting characteristics It enriches all relevant balance sheet account lines with the defined splintinf characteristics It enriches all profits and loss account lines with the defined spliting characteristics.
You are asked to explain the assets under construction functionatity in SAP S/4HANA. What should you highlight? Note: There are 2 correct answers to this question It is possible to post credit memos, even after assets under construction are fully capitalized. It is possible to post special tax depreciation and investment support for assets under construction It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction It is possible to use assets under construction with investment Management.
You are responsible for configuring document spliting. What are some of the Key settings? Note: There are 2 correct answers to this question. Business transaction variant Document number range Document type Field status variant.
When can you set the open item management indicator in a general ledger account?
Note: There are 2 correct answers to this question When an account has a zero balance When an account is required for clearing When an account is set up as a cost element When an account is usef as a reconcilation account.
Wich statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question. Extension ledgers can have different currencies than underlying ledger. Extnesion ledgers can be assigned their own fiscal year variant Multiple extension ledgers can point to the same underlying ledger Extension ledgers can be assigned their own posting period variant.
Wich standard currency types must be used when configuring the currency settings for company codes? Group currency Document currency Controllig area currency Company code currency.
Which prerequisites must be fulfilled to allow for negative posting of journal entries?
Note: There are 2 correct answers to this question The posting key must allow negative posting The reversal accounts must be configured to allow negative posting The reversal reason must be configured to allow negative posting The company code must allow negative posting.
You are configurinf depreciation areas in Asset Accounting.
Which of the following settings is not permitted? Area post revaluatin only Area does not post Area posts depreciation only Area post in real time.
What is the diference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting? In the account approach, you assing a completely 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 assing a ledger group to every depreciation area, unlike the accounts approach In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the aplication to post integrated asset acquisitions, how many documents will the system post? 1 2 3 4.
How does SAP S/4HANA reduce system complexity and improve system efficiency?
Note: There are 2 correct answers to this question By removing views of data at runtime from the same source tables By removing application code that deals with aggregates and indexes By providing views of data at runtime from the same source tables By providing application code that deals with aggregates and indexes.
Which closing activities are used in external reporting as per SAP best pracice?
Note: There are 2 correct answers to this question Update product cost estimates Execute the plan cost center assessment cycle Perform valuations of open items in foreign currency Reclassify receivables and payables .
Which statements best describe a profit center?
Note: There are 2 correct answers to this question It is an elemente for which separate balance sheet and P&L statements can be created It is the only object that can be uniformly derived using segments It has to be used simultaneously with segments to create separate balance sheet and P&L statements It is the only object from which segments can be uniformly derived.
You are running an international business and you want to set up separate legal entitlies to run operations and perform accounting activities.
Which organizational unit do you need to create for each legal entily? Company Controlling aerea Segment Company Code.
After you collect data in the intercompany Reconciliation tool, what are the next steps of the reconciliation process? 1.Post the correction documents
2.Store the data
3.Present reconciled and non-reconciled data
4.Communicate differences 1.Present reconciled and non-reconciled data
2.Post the correction documents
3.Store the data
4.Communicate differences 1.Store the data
2.Present reconciled and non-reconciled data
4.Post the correction documents 1.Store the data
2.Present reconciled and non-reconciled data
3.Post the correction documents
Which parameter indicates that a line item can only be dunned with restrictions? Dunning Key Dunning area Dunning block reason Dunning grouping.
You are a group cash manager interested in the North American business market.
What are the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this question You can create access to relevant apps for the North American accounts payable group that reports to you. You can adapt the launchpad color theme according to predefined values for the cash report. You can create a tile group with all the apps required for you daily business for easy acess You can create an app to take you directly to the cash position of the North American business market.
You forgot to add a new general ledger account into the financial statement verison.
What impact does this have on the profit and net loss? The balnace of the new account is added to the non-assigned section and is excluded from the calculation The balnace of the new account is added to the notes in the financial statement item section and is included in the calculation The balnace of the new account is added to the notes in the financial statement item section and is excluded from the calculation The balnace of the new account is added to the non-assigned section and is included in the calculation.
What are some of the personalization options available to users in their SAP Fiori launchpad enviroment?
Note: There are 3 correct answers to this question Users can remove applications that they do NOT use Users can remove devices that they do NOT use Users can add applications from the catalog assigned to them Users can add applications for filtered report results Users can add new devices from the catalog assigned to them.
32... 32 31.
You want to define a validation for the combination of general ledger account and cost center.
For which call-up point do you define this validation? Document header Cost of sales accounting Complete document Document line.
You define custom currency type Z1 for you company code.
Which currency types must be stored in the Data Entry view?
Note: There are 2 correct answers to this question Document currency Custom currency type Z1 Company code currency Object currency.
what do you define when configuring asset classes?
Note: There are 3 correct answers to this question Screen layout rules Posting Keys Financial statement version Number ranges Account determination.
You are configuring accrual types for the accrual engine.
For which posting is account determination required?
Note: There are 2 correct answers to this question Opening and Closing Posting only Periodic only Opening Posting only Closing Posting only.
What are the maintenance levels of a screen layout rule for asset classes? Asset class, depreciation area, main asset number, group asset Main asset number, subnumber, depreciation area Depreciation area, asset class, main asset number, subnumber Asset class, main asset number, subnumber.
Which statement best describes the normal reversals functionality? Executes an inverse posting by resetting the transaction figures. Executes the inverse posting of a cleared document before resetting it. Executes an inverse posting by increasing the transaction figures Executes a transfer posting by reseting the transaction figures.
SAP S/4HANA is the digital core of the intelligent enterprise. Which appliactions from the SAP portfolio integrate with SAP S/4HANA to help you human resource management?
Note: There are 2 correct answers to question SAP Fiedglass SAP Ariba SAP C/4HANA SAP Sucess Factors.
You are posting an incoming payment against an invoice.
Which document values does the user tolerance group control?
Note: There are 2 correct answers to this question The payment amount allowed for each customer open item The total amount (sum of all line items) allowed to be posted The cash discount amount (absolute value) allowed for a line item The cash discount percentage allowed for the complete document.
41 41 40.
What is the purpose of the reorganizarion of segments?
Note: There are 2 correct answers to this question Enables segment derivation Enables segment deletion Enables segment reassignments Enables merge of segments.
What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question Items with sales and use tax Statistical posting Items with withholding tax Items with value added tax Noted items.
Which of the following statements best describe a noted item?
Note: There are 2 correct answers to this question It has an automatic statistical offsetting entry It can be used to reminf the user about due payments It can be accessed by the payment program It updates the subledger and the general ledger.
Which of the following statements best describe how core data services (CDS) are developed? They are developed in the SAP HANA database layer by the Analytics key user They are developed in the ABAP layer of the SAP S/4HANA system by the IT user They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user They are developed in the SAP HANA database layer by the IT user.
What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this question It is responsible for cost and revenues within an organization It is considered for consolidation It can be assigned to a company code It represents separate areas of operation within an organization.
How can you perform transfers of assets between company codes with different charts of depreciation? Configure the cross-company depreciation areas in customizing Correct depreciation area assigment in the asset master record after posting Enter depreciation area mapping during intercompany transfer posting Assign the group chart of depreciation to the relevant fixed assets.
What are some features of SAP HANA?
Note: There are 2 correct answers to this question SAP HANA is optimized to organize data using column stores SAP HANA is optimized to work with aggregates and index tables SAP HANA is built on a hierarchical data model aechitecture SAP HANA allows transactional and analytical processing off the same tables.
Which parameters can you specify when you create a new correspondence type?
Note: There are 3 correct answers to this question Reason code required Number of date fields required Company code required Document number required Account required.
What is the recommended organizational unit for cost-of-sales accounting? Sales area Functional area Business area Controling area.
Which attributes should you consider when defining asset number ranges?
Note: there are 2 correc answers to this question Each asset number range has to be assigned to a unique asset class Asset number ranges are defined at chat of depreciation leve Asset number ranges are defined at chart of depreciation level Each asset class can have aither an internal or external number range.
What is the purpose of period interval 3 when you define open and cloded periods? It is used for period lock in special purpose ledger It is used for the authorization object for posting periods It is used for posting from CO to FI It is used for special period posting.
In your system, you currently perform manual outgoing payments and you want to use automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program?
Note: There are 2 answers to this question. Paying company codes Bank determination Special G/L indicators Payments terms.
On which levels can you maintain fied controls for business partners (BP)?
Note: there are 3 correct answers to this question Client BP role Company code BP category Bp Type.
What dunning-related data do you maintain on the business partner master record?
Note: There are 3 correct answers to this question Dunning interval Dunning area Dunning Key Dunning procedure Dunning block.
Which edition of SAP S/4HANA introduced the universal journal? SAP S/4HANA Finance SAP S/4HANA Cloud SAP S/4HANA 1511 SAP Business Suit powered by SAP HANA.
On Which database is SAP S/4HANA built to run? Only on SAP HANA On all database that support columnar data storage On a select list of SAP and thidr-party database On al moden enterprise leves database.
What are some of the benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question. The data is summarized into higer levels of aggregates to help system performance The data is aggregated on the fly from line item table The data is analyzed after it is extracted and loaded in reporting system The data is available in reali time at line item detali.
Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this question Payment block Payment method Payment itme Payment advice Payment type.
NOP NOP n.
What does the document type control?
Note: There are 2 correct answers to this question Which account types are allowed for postings Whether exchange rate difference is permitted Which posting keys allowed for postings Whether negative postings are permitted.
Which of the following are valid settlement receivers when you perform settlement for an asset under contrucction on a line item basic?
Note: there are 2 correct answers to this question Fixed asser Profit center Cost center Functional area.
Which of the following steps do you typically perform when executing the payment run with the automatic payment progran?
Note: there are 2 correct answers to this question Review the payment porposal exception list Maintain open item selection parameteres Define maximun amounts to be paid per supplier Rank bank accounts for payment.
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note: There are 3 correct answers to this question Switch on the data aging business function Activate data aging for your company code Activate aging on SAP HANA Define the logical file path as a golbal path for data aging Add required authorizations for data aging to your role.
You want to edit a dunning proposa.
Which actions can you perform to edit a dunning proposal?
Note: There are 3 correct answers to this questions Lower the dunning level of an itme Block a line item Change a document Change the dunning data of an account Block an account.
For which special G/L indicator do you specify a target special G/L indicator? Guarantee given Bill exchange Vendor down payment request Customer down payment.
At which level do you assign the print program to the corespondence type? At cliente level only At system level At client or company code level At company code level only.
You have been asked to sep up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this question Payment method Company code Bank master data General ledger account Supplier account.
You want to configure the tax calculation procedures
What are the main elements you need to define?
Note: there are 3 correct answers to this question Country Key Account or transaction Key Tax code Sequence of steps Condition typ.
Which business partner characteristic is mapped to the customer and suppliel account groups? Business parter grouping Business partner type Business partner role Business partner category.
Which sequence of steps allows a three-way match in procurement transactions? Purchase requisition, purchase order, goods receipt Purchase order, purchase requisition, invoice receipt Purchase requisiton, goods receipt, invoice receipt Purchase order, invoice receipt, goods receipt.
Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question Choose the area of application GL Define the substitution rule with its different spteps using the formula editor Assing the substitution rule to the controlling area Activate the substitution rule Select the correct call-up point.
You have to run the foering currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system? Define two valuation areas and two accounting principles with relevant links to ledgers Define a valuation area and ledger group for two ledgers to link with the new valuation area Define two valuation methods and assign the accounting principles to the new valuation methods Define a valuation area and extension ledger to link with the new valuation area.
You are getting ready to post your first simple general document using the SAP Fiori app for posting in a test enviromment.
What configuration items do you need to sep up to post a simple document?
Note: There are 2 answers to this question Tax types and tax codes must be maintained Line itme text templates must be maintained Posting period variant must be created and assigned Number range and document types must be maintained.
What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this question The FI reversal is NOT supported Complex postings with more than two line items are NOT possible The fiscal year variant of the general ledger is supported All currencies of general ledger are supported.
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy? Remove the asset class indicator in screen layout maintenance Remove the main asset indicator in screen layout maintenance Remove the subnumber indicator in screen layout maintenance Remove the reference indicator in screen layout maintenance.
No está No está .
Which elements define the integration of asset acquisitions to the general ledger?
Note: There are 2 correct answers to this question Depreciation Keys Asset class Depreciation area Valuation area.
A general ledger account has a foreing currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to in this account? You can only post the account in CAD, USD and EUR. You can only post the account in CAD and USD You can only post the account in USD You can only post the account in CAD.
A general ledger account has a foreing currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to in this account? You can only post the account in CAD, USD and EUR. You can only post the account in CAD and USD You can only post the account in USD You can only post the account in CAD .