FIP 4

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. 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.

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.

Which technology supports adoption of the SAP HANA architecture?(only one answer). Fast and reliable solid-state disks. Smartphone devices. Multi-core, multi-thread central processing units. High-speed, long-range wireless network protocols.

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.

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. Store your planned data in the ACDOCP table. Store your planned data in the ACDOCA table. Use a BW planning cube and a preconfigured content workbook. Use the in-built BPC data extractor and upload template.

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 transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question. Retirements. Transfers. Investment support. Revaluation and new valuation.

Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question. Moving average COGS in account-based CO-PA. Standard COGS in account-based CO. Actual COGS (based on actual costing) in account-based CO-PA. Standard COGS in cost-based CO-PA. Actual COGS (based on material ledger) in cost-based CO-PA.

What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question. Bank risk analysis and risk mitigation. Hedging and hedging contracts. Credit limits for customer accounts. Daily cash position, deficits, and surpluses.

You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1709 system with account-based CO-PA. Which prerequisites must be met? Note: There are 2 correct answers to this question. You have executed the variance calculation in CO-PC. You have set up accounts for transaction key BSX and GBB in the MM account determination. You have defined a PA transfer structure for settlement. You have defined a settlement profile that allows the settlement of variances for your order type.

You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question. ACDOCA. BSEG. COBK. COSS.

Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?. A) The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

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?. G/L account defined in reconciliation ledger Zero-balance clearing account. Original cost account Zero-balance clearing accoun. 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.

What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question. Update the open items through data aging. Calculate the net due date and discount due dates for open items. Fill offsetting accounts in financial documents. Transfer archived documents into ACDOCA.

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?. 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.

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.

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. Automatic updates every 3 months. Faster initial implementation. Seamless adoption of the existing processes. Higher degree of customization.

What are planning level and planning group used for in SAP Cash Management? Note: There are 2 correct answers to this question. - Planning level is used to differentiate between strategic, business, and operational plan. - Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc. - Planning group is used to group customers and vendors to enable accurate forecast. - Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc. - Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management. - Planning group is used in the G/L account data to enable the liquidity forecast. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.

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.

Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question. Value field. G/L accounts. Profit center. Cost element categories. Billing condition types.

What must you create before you can record commitments in the universal journal? Please choose the correct answer. Extension ledger. CO version. Mapping for condition types. Non-leading standard ledger.

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question. Set the zero-balance indicator. Define a PA transfer structure. Define a clearing account. Assign a segment to all G/L accounts.

What function is delivered with business function EA-FIN to support SAP S/4HANA? Please choose the correct answer. New Depreciation Engine. Parallel depreciation areas. Parallel ledgers. Special valuations.

What data is migrated during system conversion? Please choose the correct answer. All company codes with all data of all years. All company codes for the years you specify. Only company codes and years selected in the customizing for migration. Only company codes flagged as productive with all years.

Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question. Company code. Year. Period. Source table.

What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are 2 correct answers to this question. The field mapping for the customer and vendor integration is created. the customer-specific fields are included in the data migration procedure. The redirection of SELECT statements is generated. The OData services for SAP Fiori integration are activated.

What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?. Add an extension ledger. Replace the accounts approach with the ledger approach. Implement a new currency type. Introduce document splitting.

How can financial data be stored in the SAP S/4HANA system tables? Note: 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 BSEG. 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 BKPF.

Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question. Liquidity planning. Classic profit center accounting. Costing-based CO-PA. Account-based CO-PA. Special purpose ledger.

What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question. Fill offsetting accounts in financial documents. Calculate the net due date and discount due dates for open item. Transfer archived documents into ACDOCA. update the open items through data aging.

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 Transformation navigator. SAP S/4HANA migration cockpit. SAP Readiness check for sap S/4 HANA.

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. It must be assigned to an underlying ledger. It will generate additional line items in ACDOCA for non-ledger-specific postings. It is always active on the system level for all company codes. If asset accounting is used, a depreciation area must be assigned.

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? There are 3 correct answers to this question. Define depreciation areas for all currency types. Assign accounting principles to all depreciation areas. Activate enterprise extension EA-FIN. Close all fiscal years except the current one. Define a technical clearing account for integrated acquisitions.

What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are 2 correct answers to this question. The field mapping for the customer and vendor integration is created. The customer-specific fields are included in the data migration procedure. The redirection of SELECT statements is generated. The OData services for SAP Fiori integration are activated.

Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question. Fiscal year variant. Field status variant. Posting period variant. Financial statement version.

For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question. Standard price cost estimates. Preliminary cost estimates. Quotation costing. Sales order cost estimates.

Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question. Variances to work in process values. Split of cost of goods sold according to the cost component split. Commitments. Statistical sales conditions.

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.

What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution? Please choose the correct answer. Fuller integration to external systems. Support for all industries. Cloud platform compatibility. Faster innovation cycles.

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. Finalize the before-and-after comparison of the financial reports with the business department. Apply small-scale live postings of the day-to-day business to check the system. Transfer application indexes using data aging.

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. Chart of accounts. Chart of depreciation. Account determination. Company code.

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. 2. 4. 1. 3.

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). Define a technical clearing account for integrated asset acquisitions. Assign a controlling version to each depreciation area.