|Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, you receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.
What is the reason?
Please choose the correct answer. The migration is NOT set to complete. The client role is set to test in the client maintenance. This is a new feature in SAP S/4HANA as proof of change. The authorization to save the posting periods is missing.
An asset is being acquired through integration with procurement. How is the asset acquisition value posted?
Please choose the correct answer. Non-valuated acquisition is posted at invoice receipt. Non-Valuated acquisition is posted at goods receipt. Valuated acquisition is posted at settlement. Valuated acquisition is posted at invoice receipt.
What processes do you perform as part of liquidity management?
Note: There are 3 correct answers to this question. Review credit standing Post credit memos Monitor cash flow Forecast balances Perform planning.
Which of the following are available methods of valuation for depreciation areas?
There are 3 correct answer to this question. Define show values, but do NOT post any values to the G/L accounts. Define how asset values post for accounting principles. Calculate additional values for acquisition and product cost.
Define how posting values and depreciation terms can be transferred to other areas Calculate different values in a depreciation area for a specific purpose.
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.
Why do you NOT need to execute this program?
Please choose the correct answer. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error Because balance carryforward was performed automatically due to postings to the subledgers in the new year Because balance carryforward was performed for the leading ledger in general ledger Because balance carryforward was performed automatically when closing the previous year.
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question. Characteristics will be added to the universal journal. Cost component split (COGS) can be configured in financial accounting Historical data will be enriched with characteristics by derivation Value fields will be added to the universal journal. Cost-based CO-PA can still be used in parallel.
You maintain a Launchpad for users to which role Z_MANACC is assigned. What do you need to do make an app available on the users Launchpad?
Please choose the correct answer. Add the app to a catalog and a group that are assigned to role Z_MANACC Assign the app directly to role Z_MANACC Activate the user parameter for PFCG (role maintenance) for role Z_MANACC Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.
Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?
Please choose the correct answer. Prediction and commitments Extension Valuation Simulation
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO?
Please choose the correct answer. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account 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.
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA?
There are 2 correct answer to this question. Document type Currency type Valuation area Accounting principle.
Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?
Please choose the correct answer. G/L account defined in reconciliation ledger Zero-balance clearing account Original cost account Zero-balance clearing account G/L account defined in real-time-integration CO-Fl Original cost account G/L account defined in real-time-integration CO-Fl Zero-balance clearing account.
You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.
What could be the reasons for this behavior?
Note: There are 2 correct answers to this question. The G/L account is NOT a reconciliation account type for assets. The G/L account is NOT maintained in the account determination of fixed asset accounting. The G/L account is NOT maintained in the account determination for materials management. The G/L account is NOT maintained in the account determination for real-time integration with CO.
Which of the following are phases in SAP Activate?
Note: There are 3 correct answers to this question. Blueprint Realize Deploy Test Explore.
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
Please choose the correct answer. On premise Cloud single-tenant Central finance Cloud multi-tenant.
Which objects do you migrate from SAP ERP to SAP S/4HANA?
Note: There are 3 correct answers to this question. Data of costing-based profitability analysis Master data such as assets and profit centers. Accounting documents of financial accounting and controlling House banks for new Bank Account Management. Balances of accounts, customers, and vendors.
In what system is it important to perform all system conversion steps to identify and solve conversion errors?
Please choose the correct answer. Sandbox Productive Development Quality Assurance.
You post a customer invoice from Sales and Distribution in SAP S/4HANA, 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 customizing in order to post this invoice successfully?
Please choose the correct answer. Data aging for accounting documents ACDOCA summarization SAP HANA database partitioning BSEG summarization.
Which ledger-specific configuration can you maintain at company code level?
There are 2 correct answer to this question. The valuation view for the extension ledger Field status variant The financial statement version for both types of ledgers The fiscal year variant for the standard ledger The posting period variant for the extension ledger .
Which downstream activities can be updated when you post a payment in receivables management?
Note: There are 2 correct answers to this question. Update of days sales outstanding calculations Reduction of an open dispute case amount Release of an order from credit hold Update of a promise to pay.
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments.
When preparing for integration, what do you have to create?
Please choose the correct answer. Create a BP type for each industry category in the customer/vendor accounts. Create a BP role for each customer and vendor account group. Create a BP category for each legal form maintained for customers/vendors. Create a BP grouping for each customer and vendor account group.
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
Please choose the correct answer. The data from previous years is archived. SQL database commands are used to accelerate the migration A clone of the productive system is used. Optimized data compression is used to minimize the data volume.
What models are required to support advanced planning for embedded BPC?
There are 2 correct answers to this question. Ownership model Source model Exchange Rate model Consolidation model.
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year.
Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question. You must use accounts approach to parallel valuation. You cannot configure and activate document splitting. You cannot continue to use the consolidation staging ledger. You must configure profit center and segment accounting. You must define valuation areas for foreign currency valuation.
Which fields do you maintain when defining the source ledger for migration of balances?
There are 2 correct answer to this question. Period Company code Source table Year.
What function is delivered with business function EA-FIN to support SAP S/4HANA?
Please choose the correct answer. Special valuations Parallel ledgers Parallel depreciation areas New Depreciation Engine.
On what level can you assign a fiscal year variant to a company code?
Please choose the correct answer. Depreciation area Valuation area Accounting principle Ledger.
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 ivocie?
Please choose the correct answer. Standard ledger A
Extension ledger C Standard ledger A
Standard ledger B Standard ledger A
Standard ledger B
Extension ledger C Standard ledger B
Extension ledger C.
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes.
Which SAP S/4HANA solution will you propose?
Please choose the correct answer. Private cloud On-premise Hybrid Public cloud.
Where can you find the automatic write-off program to close unpaid customer balances?
Please choose the correct answer. Dispute Management Accounts Receivable Treasury Operations
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. Simulation Valuation Prediction and commitments Extension.
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
Please choose the correct answer. Postings to FI Subledgers Postings to special periods Postings from CO to FI Postings with a special authorization group.
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset counting?
There are 2 correct answer to this question. Company code Chart of accounts Account determination Chart of depreciation.
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?
Please choose the correct answer. Material ledger Reconciliation ledger Special ledger
Your customer wants to maintain the current customer and supplier account numbers even after migration 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?
Please choose the correct answer. Use internal number ranges in the BP groupings for the conversion and switch to external afterward. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward. Use external number ranges in the BP groupings for the conversion and switch to internal afterward.
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?
There are 2 correct answers to this question. Set the G/L account type to Non-operating Expenses or income 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.
Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years’ worth of data. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project?
Note: There are 2 correct answers to this question. Launch customer-vendor integration for the business partner. Adopt new Asset Accounting. Implement an archiving project. Create a backup.
In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA?
Please choose the correct answer. Define profit center hierarchy. Migrate the material ledger. Activate Account-based CO-PA. Create document type for CO postings.
In which sequence do you create the objects required for the SAP financial closing cockpit?
Please choose the correct answer. 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 closing periods
2. Create task lists
3. Release task lists
4. Release closing periods 1. Define task levels
2. Create task group
3. Release task levels
4. Release task group.
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?
Please choose the correct answer. Software Update Manager SAP Transformation navigator SAP S/4HANA migration cockpit SAP Readiness check for sap S/4 HANA.
What are some features of actual costing in SAP S/4HANA?
There are 2 correct answer to this question. Selection of activity prices of other CO-version in the standard run Simplified data structure with new table structure Reduced number of steps in the calculation cockpit Possibility of post-closing in the alternative valuation run (AVR).
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required?
There are 2 correct answer to this question. Convert accounts of parallel valuations to asset reconciliation accounts Configure data depreciation areas to no longer post to the general ledger. Assign accounting principles to all real and derived depreciation areas. Define the document type for the accounting-principle-specific-documents.
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depreciation.
What are the critical steps for fixed assets?
Note: There are 3 correct answers to this question. Update G/L accounts for the new depreciation area for the chart of depreciation. Update the depreciation key for the new depreciation area. Manually recalculate depreciation for the new depreciation area. Activate the new depreciation areas for asset classes under the chart of depreciation. Activate the new depreciation areas for the individual assets for the respective company codes.
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?
Please choose the correct answer. Confirm Receipt of Goods Business Reconciliation Report Post Goods Receipt for inbound Delivery Reconcile GR/IR Accounts.
You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.
Which of the following values do you need to provide during legacy asset transfer?
Note: There are 3 correct answers to this question. Acquisition and production costs Ordinary depreciation values Accumulated depreciation values Unplanned depreciation values Revaluation value.
You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry.
Which actions do you have to perform?
Note: There are 2 correct answers to this question. Activate the CO-PA append structure in ACDOCA. Create the user-defined characteristic and add it to the operating concern. Maintain the proper derivation rules in transaction KEDR. Generate the operating concern.
What are the improvements to new cash pooling?
There are 2 correct answers to this question. The balance before concentration and the simulated balance after the concentration can be compared. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made. Different payment methods for payment requests can be specified in different paying company codes. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
Your customer is implementing a new installation of SAP S/4HANA. Which of the following technical components must be installed?
Please choose the correct answer. SAP Fiori for SAP S/4HANA SAP NetWeaver Application Server SAP Business Planning and Consolidation for SAP S/4HANA SAP S/4HANA, embedded Business Warehouse.
What must you create before you can record commitments in the universal journal?
Please choose the correct answer. CO version Mapping for condition types Extension ledger Non-leading standard ledger.
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?
Please choose the correct answer. Introduce document splitting Replace the accounts approach with the ledger approach. Add an extension ledger. Implement a new currency type.
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 Fiori launchpad designer Front-end SAP Gateway server SAP Smart Business SAP S/4HANA back end.
You want to configure an extension ledger. Which steps do you need to take?
There are 2 correct answer to this question. Specify currency types for the extension ledger. Specify the document type for the extension ledger. Assign a fiscal year variant to the extension ledger. Select an Underlying ledger for the extension ledger.
You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open.
Against which period interval is the check being made? / You run an assessment cycle but no postings are made because the posting period is NOT open.
Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?
Please choose the correct answer. Only interval 2 Only interval 3 Intervals 1 and 3 Intervals 1 and 2.
You perform a direct activity allocation. Which database tables are updated?
Note: There are 2 correct answers to this question. ACDOCA BSEG COBK COSS.
What are the benefits of the new depreciation posting run in Asset Accounting?
Note: There are 2 correct answers to this question. You NO longer need to select reasons for the posting run. You can select a single target ledger group for an accounting principle. The online test run can be performed without any master data restrictions. The posting run can be performed even if there are errors on individual assets.
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question. ACDOCP is a table with delta mechanism. ACDOCP is an isolated table. ACDOCP derives data from ACDOCA. ACDOCP is a cluster table.
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question. It is available only for new installations. It will NOT have any valuation view assigned to the ledger. It requires a non-leading ledger for parallel valuations. It utilizes separate amount columns in the same ledger.
You start 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. All errors related to closed years can be ignored. Errors must be clarified, and uncritical errors can be ignored. Critical errors must be resolved in the production system before Go Live. All errors must be corrected during migration to complete it.
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 is obsolete and will be replaced by the technical clearing account. The accounts approach must be replaced because the ledger approach is the only valid option There is no need to use such offset accounts anymore because of real-time postings. The extra offset account has to be used as in the classic Asset Accounting.
You want to set up a multi-level cross margin report in profitability analysis (CO-PA). What do you customize to report the fixed and variable values separately?
There are 2 correct answers to this question. Account-based CO-PA: "Margin analysis" assign different accounts (assignment of different accounts is necessary) Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary) Costing-based CO-PA: no specific customizing is necessary. Account-based CO-PA “Margin analysis”: no specific customizing is necessary.
Which actions will dose a dispute case created for a short payment?
Note: There are 2 correct answers to this question. Running the automatic write-off program. Posting a credit memo for only cash discount amount. Running the auto-confirm dispute case program. Receiving a payment for the open amount.
If you use the ledger approach, which customization settings must you apply for new Asset Account?
Note: There are 2 correct answers to these questions. Assign an accounting principle to every depreciation area. Set reconciliation account for parallel valuation (non-leading ledger). Assign a controlling version to each depreciation area. Define a technical clearing account for integrated asset acquisitions.
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA?
Note: 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 ACDOCP table. Store your planned data in the ACDOCA table.
What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
There are 2 correct answers to this question. Get approval of business department and project management. Apply small-scale live postings of the day-to-day business to check the system Transfer application indexes using data aging Finalize the before-and-after comparison of the financial reports with the business department.
What conversion preparation step can be executed only after installing SAP S/4HANA?
Please choose the correct answer. Maintenance planner Check customizing settings prior to migration Simplification item check SAP readiness check.
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. The entry view is also based on the universal journal. It is extended to 999999 line items It is limited to 999 line items. The system splits the single entry into multiple documents as required.
What do you configure to enable the automatic creation of a vendor when you create a business partner?
There are 2 correct answers to this question. The partner functions for vendors The customer/vendor integration interface The incoterms for vendors The business partner grouping key.
For which Cases Can you Use SAP Product Lifecycle Costing?
There are 2 correct answer to this question. Sales order cost estimates Standard price cost estimates Preliminary cost estimates Quotation costing.
Which processes create an artificial controlling document?
There are 2 correct answer to this question. Internal activity allocation to sales order Stock material consumption on project FI posting of primary costs to production order. Assessment from cost center to account-based profitability analysis.
At which level do you define that a G/L account is a secondary cost account?
Please choose the correct answer. Chart of accounts Operating concern Company code Controlling area.
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
Please choose the correct answer. The entries of the table are converted into column store The balances of the table are posted as additional line items in the universal journal. The content of the table is deleted, and a compatibility view is generated. The table is treated as a transient provider using BW query functionality.
What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling. Enable COGS split for sales processes posted to internal orders and projects. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure. Enable COGS split for stock transfers and point-of-sale transactions.
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger?
Note: There are 2 correct answers to this question. The material ledger uses the currencies defined in both the leading and non-leading ledgers. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system. The material ledger with actual costing requires a periodic costing run to update inventory values. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
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) Collections Management (FIN-FSCM-COL) In-House Cash (FIN-FSCM-IHC).
Which information will be migrated automatically during an SAP S/4HANA finance migration?
There are 3 correct answers to this question. General ledger customizing Material ledger customizing Account balances Authorizations Business partners customizing.
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?
Please choose the correct answer. The system uses classic asset accounting to manage fixed assets. The customers use the accounts approach for parallel accounting. The system has document splitting activated for all company codes. The customer does NOT use business partners to manager customers and suppliers.
You create a G/L account and set the cost element category to 42 (assessment). In what table is the cost element category updated?
Please choose the correct answer. CSKA: Cost Elements (Data Dependent on chart of Accounts) _Cost Elements (Data Dependent on Controlling Area) L Account Master (Company Code) L Account Master (Chart of Accounts).
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain?
Note: There are 3 correct answers to this question. Personalization through self-service configuration Higher degree of customization Faster initial implementation Seamless adoption of the existing processes Automatic updates every 3 months.
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? 7 22 15 8.
Which reports are included with SAP S/4HANA, embedded analytics?
There are 2 correct answer to this question. SAP Lumira reports Analytical List Page reports SAP Analysis for Microsoft Office reports Multidimensional reports.
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?
Please choose the correct answer. By running the periodic acquisition and production cost posting By entering manual corrective clearing transfer postings
By running the monthly depreciation posting By maintaining the offset account in the asset account determination.