FI_TEST01

A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user? Please choose the correct answer. SAP S/4HANA back end. Front-end SAP Gateway server. SAP Smart Business. SAP Fiori launchpad designer.

A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1809. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements. Which of the following tools will help leverage the transition process?. Software Update Manager. SAP S/4HANA migration cockpit. SAP Readiness check for sap S/4 HANA. SAP Transformation navigator.

A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? Note: There are 2 correct answers to this question. Define the G/L account as an asset reconciliation account. Enter value 90 in the cost element category field. Select the Record Account Assignment indicator. Set the G/L account type to Primary Costs or Revenue.

A customer wants to store alternative values of a foreign currency valuation in an extension ledger. What extension ledger type is needed for this purpose? Please choose the correct answer. Valuation. Simulation. Prediction and commitments. Extension.

A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view (table BSEG)? Please choose the correct answer. It is limited to 999 line items. It is extended to 999999 line items x. The system splits the single entry into multiple documents as required. The entry view is also based on the universal journal.

After the migration to SAP S/4HANA 1909, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this? There are 2 correct answers to this question. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code. Before the migration, the company code was NOT linked to a controlling area. The controlling area linked to the company code was defined with currency type 20. Before the migration, the company code did NOT have any parallel currencies defined.

An asset is being acquired through integration with procurement. How is the asset acquisition value posted? Please choose the correct answer. Valuated acquisition is posted at settlement. Non-Valuated acquisition is posted at goods receipt. Non-Valuated acquisition is posted at invoice receipt. Valuated acquisition is posted at invoice receipt.

At which level do you define that a G/L account is a secondary cost account?. Controlling area. Company code. Operating concern. Chart of accounts.

At which level is the migration run for finance data performed? / At which level does the functional migration for finance data have to be performed? Please choose the correct answer. Operating concern. Controlling area. Company code. Client.

Cost of goods sold (COGS) split functionality is available in account-based COP A. Which settings are necessary? There are 2 correct answers to this question. Operating concern currency must be determined. Characteristic values and characteristic groups must be maintained. Cost elements must be mapped to cost components. The corresponding cost elements must exist in the chart of accounts.

During SAP S/4HANA conversion, why is it necessary to migrate balances for Fl and CO? Please choose the correct answer. Because the system displays an error if the sum of aggregated line items differs from the balance. Because all balances from the past years are stored in the universal journal. Because a delta between all line items and the balance of every account will be updated in the universal journal. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account.

For which account assignment can you perform realignment in the universal journal? There are 2 correct answers to this question. Customer group. Sales region. Functional area. Profit center.

For which functionality is a productive material ledger a prerequisite? Note: There are 2 correct answers to this question. Parallel valuation for transfer pricing. Actual costing. Parallel currencies in the universal journal. Parallel update of the two types of profitability analysis. Actual activity price determination.

For which parameters can you define the minimum life to maintain documents in financial accounting for data aging? There are 2 correct answers to this question. Account type. Document type. Document number. Ledger group.

How can financial data be stored in the SAP S/4HANA system tables? There are 2 correct answers to this question. There can be a line item in BSEG without a corresponding document in BKPF. There can be a line item in ACDOCA without a corresponding line item in BKPF. There can be a line item added in BSEG without a corresponding line item in ACDOCA. There can be a line item in ACDOCA without a corresponding line item in BSEG.

How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? There are 2 correct answers to this question. Use a BW planning cube and a preconfigured content workbook. Use the in-built BPC data extractor and upload template. Store your planned data in the ACDOCA table. Store your planned data in the ACDOCP table.

How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question. You can assign additional valuations to the extension ledgers. You can assign additional valuations to separate accounts. You can assign profit center, group, and legal valuations to the same ledger. You can assign each valuation to a separate ledger.

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?. By maintaining the offset account in the asset account determination. By running the monthly depreciation posting. By running the periodic acquisition and production cost posting. By entering manual corrective clearing transfer postings.

How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?. A clone of the productive system is used. The data from previous years is archived. SQL database commands are used to accelerate the migration. Optimized data compression is used to minimize the data volume.

If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? There are 3 correct answers to this question. Higher degree of customization. Personalization through self-service configuration. Faster initial implementation. Automatic updates every 3 months. Seamless adoption of the existing processes.

If you use the ledger approach, which customization settings must you apply for new Asset Account? There are 2 correct answers to these questions. Define a technical clearing account for integrated asset acquisitions. Set reconciliation account for parallel valuation (non-leading ledger). Assign a controlling version to each depreciation area. Assign an accounting principle to every depreciation area.

In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010. In a second step, you change this account to cost element category "43" in company code 1750, which is assigned to the same controlling area. What is the effect in the system when you save this account? Please choose the correct answer. The system brings up an error message and rejects the change. The cost element category in the account is also changed for company code 1010. The cost element category is different in the two company codes. The cost element category in the account is changed back to "42" for company code 1750.

In your SAP S/4HANA system, When does a document posted in controlling become Visible in financial accounting?. When real-time integration is active for the company code. When FI account assignments (such as the segment) change. When document splitting is active for the company code. When any primary or secondary cost and revenue accounts are posted.

In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?. Create document type for CO postings. Define profit center hierarchy. Migrate the material ledger. Activate account-based CO-PA.

In the standard delivery system, what is the maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold? Note: There are 2 correct answers to this question. 160. 100. 40. 120.

In what system is it required to perform all system conversion steps to identify and solve conversion errors?. Production. Quality Assurance. Sandbox. Development.

In which cases can you use a transfer price for goods movement in parallel valuation?Note: There are 2 correct answers to this question. Between two profit centers. Between two company codes. Between two accounting principles. Between two storage locations.

In which of the following CO transactions is it NOT possible to enter a ledger group?. Activity Allocation (KB21N). Reposting of Revenues (KB41N). Cost Allocation (KB15N). Reposting of Primary Costs (KB11N).

In which of the possible scenarios can you indicate that an account is also a statistical cost element? Note: There are 2 correct answers to this question. It is used as inventory account (BSX) in the material account assignment. It is used as a work in process (WIP) inventory account in the material account assignment. It is used as balance sheet account for APC costs in fixed asset accounting. It is used as special reserve balance account in fixed asset accounting.

In which sequence do you create the objects required for the SAP financial closing cockpit?. 1. Create task group 2. Create task lists 3. Create tasks 4. Release task lists. 1. Create template 2. Create tasks 3. Create task lists 4. Release task lists. 1. Define task levels 2. Create task group 3. Release task levels 4. Release task group. 1. Define closing periods 2. Create task lists 3. Release task lists 4. Release closing periods.

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?. Active document splitting. Document splitting inheritance. Passive document splitting. Document splitting default account assignment.

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?. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single U ledger. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned. The US GAAP values need to be reported in USG-but-the company code currency is Score 0 of 1 Score 0 U of 1 defined as EUR.

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and 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 application for posting integrated asset acquisitions, how many documents will the system post?. 1. 2. 3. 4.

In your system, you are creating a new company code that requires an additional standard ledger. Which statements apply to a standard ledger? Note: There are 2 correct answers to this question. It will generate additional line items in ACDOCA for non-ledger-specific postings. If asset accounting is used, a depreciation area must be assigned. It is always active on the system level for all company codes. It must be assigned to an underlying ledger.

On what level can you assign a fiscal year variant to a company code?. Valuation area. Depreciation area. Ledger. Accounting principle.

On which levels can you assign semantic tags to a financial statement version in SAP Fiori? Note: There are 3 correct answers to this question. Functional area. Segment. Financial statement item. Business area. G/L account.

The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?. It creates a new document when there are more than 999 lines. It outputs an error message when there are more than 999 lines. It no longer assigns CO-specific document numbers. It creates a new document when there are more than 999.999 lines.

The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA? Please choose the correct answer. The extra offset account has to be used as in the classic Asset Accounting. The extra offset account is obsolete and will be replaced by the technical clearing account. There is no need to use such offset accounts anymore because of real-time postings. The accounts approach must be replaced because the ledger approach is the only valid option.

The customers and supplier balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. Why do you NOT need to execute this program?. Because balance carryforward was performed for the leading ledger in general ledger. Because balance carryforward was performed automatically due to postings to the subledgers in the new year. Because balance carryforward was performed automatically when closing the previous year. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error.

The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming invoice?. Standard ledger A Standard ledger B. Standard ledger A Extension ledger C. Standard ledger B Extension ledger C. Standard ledger A Standard ledger B Extension ledger C.