TS4FI

1. What is controlled by the terms of payment?***. Setting for net procedure. Account for cash discount received. Allowed account type. Default payment method. Determination of the baseline date.

2. How does the SAP HANA architecture improve SAP S/4HANA system performance?***. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications. SAP HANA uses a structured hierarchical data model with a multitude of lean, pre-built, aggregated tables to write efficient code. SAP HANA makes extensive use of database indexes, providing common access paths to data to improve access speed.

3. During which actions does the system assign the document number for Financial Accounting?***. Simulate. Hold. Post. Park.

4. Which of the following standard currency types can you set in customizing activity "define setting for ledgers and currency type"?***. Transaction currency. Group currency. Material ledger currency. Local currency.

5. Which of the following are standard correspondence types?***. Payment proposal. Payment notice. Open items list. Account statement. Document journal.

6. Which entries do you define when maintaining a G/L account?***. Profit center. Field status group. Account type. Account group. Ledger assignment.

7. The dunning run is made up of three main steps that happen in a particular sequence?***. 1. Account selection 2. Dun line items 3. Dun account. 1. Account selection 2. Item selection 3. Dun line items. 1. Item selection 2. Dun account 3. Dun line items. 1. Item selection 2. Dun line items 3. Dun account.

8. You want to make the Reference Document Number field required for entry. Which object controls this setting?***. Posting key. Document type. Document reference key. Field status group.

9. What account types can you use to classify general ledger accounts in SAP S/4HANA?***. Secondary costs. Non-operating expense or income. Balance sheet. Reconciliation accounts. Field status group.

10. In asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?***. Asset class. Capitalization date. Deprecation start date. Net book value.

11. You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create archieve this?***. Your own application group. Your own application catalog. Your own application tile. Your own financial statement.

12. You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?***. They must belong to the same controlling area. They must all belong to the same company. They must be located in the same country. They must have the same configuration for payment transactions.

13. On which level can you define the technical clearing account for integrated Asset Acquisition in Customizing?*. Account determination. Chart of accounts. Depreciation area. Asset Class.

14. Which physical inventory methods are available in SAP S/4HANA?***. Standard inventory method. Continuos inventory method. Periodic inventory method. Actual inventory method. Cycle counting method.

15. What separates the leading ledger from parallel standard ledgers?*. It is assigned to all company codes. It is used for performing segment reporting. It is used to represent the group valuation. It doesn't derive values from other ledgers.

16. What can you control with the reason code in Accounts Receivable?***. The type of payment notice sent to customer. The account where a residual item is recorded. The document type of the payment. The special G/L indicator for the down payment. The exclusion of disputed residual items form credit limit checks.

17. Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products". What do you need to archieve segment reporting in this scenario?***. Profitability segments. Document splitting. Segments. Profit centers. Business areas.

18. Which of the following can you use to explore released APIs?***. SAP Application Interface Framework. SAP Business Accelerator Hub. SAP Integration Suite.

19. From which G/L accoun types are values shown in the profit and loss (P&L) statement?***. Non-operating Expense or Income. Balance Sheet Account. Primary Costs or Revenue. Secondary Costs. Cash Account.

20. What are the consequences of the activation of segment reporting in fixed asset accounting?***. The segment is automatically updated in existing asset master data. The segment appears in the screen layout for asset master data. The segment appears in the additional account assigment settings. The segment activation can be reversed.

21. How does the system determine the relevant accounting principale when performing foreign currency valuation?***. Via the valuation type. Via the valuation method. Via the valuation class. Via the valuation area.

22. You notice that in the entry view of a document you have fewer items than in the general ledger view. What is the reason for this?***. The sub-ledger accounts are shown in details in the general ledger view. An extension ledger has been configured. Document splitting has been activated. The sales tax is posted in details in the general ledger view.

23. You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?***. Posting is done in FI-AA and FI-GL online and in real time. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has executed. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has executed. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has executed.

24. You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data. How do you achieve this?***. By changing the corresponding error into a warning via configuration. By creating a substitution in Financial Accounting line items. By removing the cost center from the asset master data. By setting the "identical" parameter as not activated in the account assignment configuration.

25. You have cleared a customer open item but want to undo this action. What are available options?***. Repost the clearing document. Reverse the clearing document. Reset and reverse the clearing document. Reset the clearing document.

26. What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system?***. Maintain the parameters of the dunning program. Start the dunning printout. Approve the dunning proposal. Change the dunning proposal. Schedule the dunning run.

27. You define payment methods. Which parameters do you define on the level of the company code?***. Foreign currency allowed. Minimum and maximum payment amounts. Payment medium. Permitted currencies.

28. Which currency types are defaulted in SAP S/4HANA?***. 30 = Group currency. 20 = Controlling area currency. 00 = Document currency. 10 = Company code currency.

29. Which SAP Fiori apps can be run on any standard database?***. Make Bank Transfers. Customer Accounting Document. Manage Chart of Accounts. Accounts Payable Overview.

30. Which fields are maintained on the chart of accounts level of a G/L account?***. Group account number. Short text. Alternative account number. Field status group. Account group / Group of Accounts.

31. At which level do you choose between direct and indirect contributions?***. Exchange rate type. Country. Company code. Client.

32. What are some SAP recommended guiding principles to achieve clean core operations?***. Establish regular housekeeping tasks and procedures. Establish an organizational structure, technical foundation, and transformation methodology for clean core. Define roles and responsibilities as part of a process transformation office*. Establish a release management. Integrate clean core practices in the end-to-end value process chain.

33. At which level do you define functional areas?***. Controlling area. Principal / Client. Financial statement version. Company code.

34. Which of the following currency types can be defined for a specific ledger?***. 60 = G/L company code currency. 00 = Document currency. 40 = Hard currency. 10 = Company code currency. 30 = Group currency.

35. At which levels can the print program and its variant be assigned to the correpondence type?***. System. Company. Client / Principal. Company code.

36. What do you configure for regrouping accounts receivables and payables?***. Provision Method. Calculation Method. Valuation Method. Sort Method.

37. You want to implement purchase order accruals in SAP S/4HANA. Which of the following use cases are relevant?***. Purchase of raw materials for inventory. Purchase of fixed assets (using direct capitalization method). Purchase of consulting services. Purchase of consumable materials.

38. You are trying to assign an alternative account to a G/L account but you receive an error message. What can be the reason?***. You have not assigned the alternative chart of accounts to your operational chart of accounts. The alternative accounts has not been created for the company code. You have not assigned the alternative chart of accounts to your company. The alternative account is already assigned to another G/L account for the company code.

39. The 3-way reconciliation is the standard procedure used to post purchase transactions in SAP S/4HANA. How does it work?*. The invoice needs to be created in reference to the goods receipt. The purchase order needs to be created in reference to a purchase request. The 3 logistical steps each generate financial documents. The goods receipt needs to be created in reference to the purchase order.

40. The SAP Business Network helps customers digitalize cross-company business processes. On which solutions does the network build?***. Contingent Workforce. Trips / Travel. Human Capital Management. Procurement / Obtaining / Acquiring. Sales.

41. What does the fiscal year variant define?***. The posting periods open for posting. The number of posting periods. The start and end date of posting periods. The authorization to post to special periods.

42. You want assign your 3 newly created company codes to the same controlling area. Which settings must be common to all the company codes?***. Posting period variant. Fiscal year variant. Operating chart of accounts. Source currency from group currency.

43. Which model can be used for ABAP Cloud-native development?***. The ABAP Cloud Development Model. ABAP RESTful Application Programming Model. The SAP S/4HANA Cloud Extensibility Model.

44. How are pages assigned to users on the SAP Fiori Launchpad?***. Via Sections assigned to business roles which are assigned to users. Directly to business roles which are assigned tu users. Via groups assigned to business roles which are assigned to users. Via spaces assigned to business roles which are assigned to users.

45. Which date must the system determine when you enter an invoice that needs to be paid?***. Order date. Payment date. Reference date. Baseline date / Base date.

46. You have made an agreement with a customer to guarantee an amount of €10,000. What is the result of recording this guarantee in SAP S/4HANA?***. Two statistical line items. Two noted items. One noted item. One statistical line item.

47. You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number range. After reversing the document, what do you need to change when reposting document?***. Assigment. Document number. Posting key. Document type / class.

48. What are the characteristics of depreciation area 01?***. It must be linked to leading ledger OL. It cannot assume values from other areas. It must always post in real time. It must be defined as a cost accounting valuation area type.

49. What is the role of the valuation method in the foreign currency valuation?***. Define the document type for the valuation posting*. Define the valuation procedure. Determine the exchange rate type. Determine the G/L accounts for the valuation posting. Define the posting and reversal date for the valuation posting.

50. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" and "identical" active. What are the consequences?***. The WBS Element is available for input in the asset master record. The WBS Element from the asset master data can be changed during planned depreciation posting. The WBS Element can no longer be changed in the asset master record once the asset is capitalized. The WBS Element cannot be used anymora for settlement.

51. As a pre-closing activity, selected suppliers are to confirm their balances. Which confirmation procedure do you use when a response is expected only in case of discrepancies?***. Account statement. Balance notification. Balance request. Balance confirmation.

52. Your system uses parallel currencies- What is the posting indicator of the depreciation area for the parallel currency?***. Does not post to G/L. Posts to G/L in real time. Posts CPA real time and depreciation periodically. Posts to G/L periodically.

53. Which of the following organizational elements can be shared by multiple company codes?***. Segment. Business area. Sales organization. Plant. Profit center.

54. You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences?***. The residual item is written off to a cost account. The residual item becomes a new account receivable. Both the original open item and the residual item remain on the account as open items. The original document and the payment are cleared.

55. You try to create a G/L account but your get an error because the account number is not in the accepted range. Which object do you need to customiza to extend the number range?***. Account group. Account type. Chart of accounts. Tolerance group.

56. You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisite must be met?***. The account is a balance sheet account. The account is defined as open item managed. The account is defined in the account determination for each asset class. The account is defined as reconciliation account for fixed assets.

57. You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored. What are the reasons?*. The credit memo was entered in Financial Accounting. The credit memo was created without reference to an invoice. The field "Reference" of the credit memo is blank. The due date determined based on the entered payment terms is in the past.

58. Your company based in France has a permanent establishment in Switzerland where fianancial statements are required by law. Which organizational unit do you need to create for the permanent establishment in Switzerland?***. Business area. Segment. Profit center. Company code.

59. What are some features of SAP Business Technology Platform?***. It provides data management and analytics. It supports customers in understanding their stakeholders needs. It helps customers to collaborate to build flexible value chains. It supports application development and integration.

60. Which items are taken into account during foreign currency valuation?***. Balance valuation in items for balance sheet accounts not defined as open item management. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management. Line item valuation for balance sheet accounts defined as open item management. Line item valuation for balance sheet accounts not defined as reconciliation account.

61. You are implementing the Financial Closing Cockpit for your organization. What are the advantages of defining task groups?***. It allows cross task list monitoring of task status. It allows cross-templates maintenance. It covers multiple companies with same or similar tasks. It allows cross task list execution of tasks.

62. What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?***. Setting the company code status for legacy data transfer. Posting the summary write off in G/L. Create master data. Posting of take over values.

63. Which object is used to directly support the preparation for consolidation?***. Functional Areas. Segments/Profit Centers. Company/Trading Partner. Ledgers/Ledger Groups.

64. You need to explain the concept of recorded items in SAP S/4HANA. Which characteristics are specific to recorded items?*. They update the general ledger in Entry View only. They can be accessed by the payment program and the dunning program. They are managed as open items on customer and supplier accounts. They generate postings that do not balance. They generate statistical postings.

65. When defining a new standard ledger, which action must you take to manually post a general journal entry to it?***. Define the underlying ledger. Assign the ledger to a company code. Include the ledger in a ledger group. Assign a chart of accounts to the ledger.

66. You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account?***. Sort key. Field status group. Account currency. Account number.

67. How would you define Intercompany Matching and Reconciliation (ICMR)?***. It is a solution that can be integrated with group reporting. It is a solution that facilitates transaction matching between systems in Central Finance. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection. It is a solution embedded in the SAP S/4HANA core.

68. Where can you see the matching results from the Intercompany Matching and Reconciliation tool?***. In an application specific table (ICADOCM). In the Accounting Document Segment table (BSEG). In the Consolidation Journal table (ACDOCU). In the Universal Journal table (ACDOCA).

69. In which scenarios is the technical clearing account posted?***. Valuated goods receipt on a purchase order with an asset as account assignment. Asset transfer posting between asset classes. Direct asset acquisition posting with a vendor invoice (not linked to a purchase order). Settlement of an investment order to an asset under construction.

70. Where do you assign the group chart of accounts?***. General ledger account. Company. Operating chart of accounts. Company code.

71. You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?***. Separate documents for each and every accounting principle. One document per accounting principle & one document for all accounting principles. One document for all accounting principles. One document per accounting principle.

72. SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of information. Which line items are recorded in the table ACDOCA?***. Plan depreciation amounts. Secondary costs resulting from an assessment. Primary costs resulting from a distribution. Intercompany accounting postings. Budgeted costs for a cost center.

73. You run a financial statement report and notice the net profit calculated is different from the estimated profit. What could cause the issue?***. You have added an account to the wrong node and it is included in the assets section. You selected account group assignment by balance for an account and it is displayed as a liability. You have added an account to the liabilities node that belongs to the financial statement notes. You have accounts that you have not assigned in the financial statement version.

74. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?***. 01. 10. 05. 15.

75. Which documents are needed to complete the 3 way match in the procurement transaction?***. Goods Receipt. Down payment request. Purchase order. Purchase requisition. Invoice receipt.

76. Which of the following API types does SAP recommend to use to achieve clean core integrations?***. SOAP. RFC. OData. IDoc.

77. Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?***. Profit center. Business area. Segment. Functional area.

78. You want to post depreciation costs of one asset to two cost centers. How do you do this?***. You assign a statistical order in the asset master data which you settle periodically to two centers. You assign a real cost center and a statistical cost center in the asset master data. You assign a real internal order in the asset master data which you settle periodically to two cost centers. You assign two real cost centers in the asset master data.

79. You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to. What is the cause of the error?*. You have incomplete asset master records*. You have not closed the previous fiscal year. You have not posted depreciation completely. You have not run the settlement for your assets under construction.

80. At what levels do you define FI-AA account determination?*. Client. Depreciation area. Chart of accounts*. Company code.

81. Which of the following objects is only a statistical account assignment for cost postings to an asset?***. Profit center. Internal order. Cost center. WBS element.

82. What is the prerequisite for a G/L account to switch off open item management for it?***. It has not been posted to. It has a zero balance. It has been blocked against postings. It has no open items.

83. Where do you assign the currency type?***. Accounting principle. Valuation area. Company. Ledger.

84. On which level do you maintain the currency translation ratio between two currencies?***. Exchange rate type. Currency type. Document type. Valuation type.

85. You want to post a reversal for a document posted in a closed posting period. Which object do you configure to allow you to enter the reversal with a date different from the original document?***. Reversal reason. Company code. Reversal method. Document type.

86. You notice that the GR/IR (EM/RF) account does not have a zero balance. What could be the cause?***. A purchase order has a goods receipt and an invoice receipt with the same quantity and values. A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values. A purchase order has a partial goods receipt for which we have not yet received an invoice. A purchase order has a partial invoice receipt but not yet a goods receipt*.

87. Which of the following features includes important functions of the SAP List Viewer tool?***. Setting filters. Defining print parameters. Calculating total and subtotal costs. Delete and insert columns. Print tables.

88. At what level can ostings be restricted using the accounting period variant?***. Fixed asset. General ledger*. Customer reconciliation account. Supplier account.

89. Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering if it could meet your needs. For what purposes might ICMR be useful?***. To activate the elimination of intercompany revenue and costs according to the configured rules. To highlight and resolve intercompany data discrepancies by triggering a workflow. To generate automatic elimination of intercompany AR/AP balances. To generate an automatic posting to correct intercompany discrepancies.

90. Which component of the intelligent enterprise enables customers to discover and implement vertical solutions from SAP and its partners?***. Industry Cloud. Experience Management. Business Network. Intelligent suite.

91. In the standard sales process, when is COGS recorded in financial accounting?***. Perform PGI (Goods issue accounting). Create delivery document. Issue customer invoice. Create billing document.

92. What parameters should you configure at the claim level?***. Payment deadline. Indicator of interest. Days of delay. Grace period for individual items.

93. You perform foreign currency valuation for open items in your vendor accounts. Valuations are used only for period-end reporting and must then be reversed. Which account does the system use to post valuation differences?***. Supplier Reconciliation General Ledger Account. Individual vendor accounts with special ledger indicator. Alternative Reconciliation general ledger account. Adjustment ledger account for foreign currency.

94. What factors are taken into account when valuing a foreign currency?*. Valuation of item balances for balance sheet accounts not defined as open item management. Valuation of individual items for balance sheets accounts defined as open item management. Valuation of individual items for balance sheet accounts not defined as reconciliation accounts. Valuation of balances in items for defined balance sheet accounts with accounting group-specific open item management.

95. Your client operates with 20 companies in 10 countries and three continents. What is the minimum number of clients you must configure in the SAP S/4HANA system to implement this scenario?***. 3. 20. 1. 10.

96. You forgot to add a new general ledger account to the balance sheet version. What impact does this have on net income and loss***. The balance of the new account is added to the unallocated section and included in the calculation. The new account balance is added to the notes in the balance sheet items section and included in the calculation. The new account balance is added to the notes in the balance sheet items section and excluded from the calculation. The balance of the new account is added to the unallocated section and excluded from the calculation.

97. What are the benefits of implementing SAP S/4HANA in the public cloud?*. One-time license investment. Greater flexibility of customization. IT cost savings. Always update.