100% Pass Quiz P-S4FIN-2023 - Valid Latest SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Practice Materials

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SAP P-S4FIN-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Asset Accounting Configuration in SAP S 4HANA: Features, types, configuration, posting logic, day-to-day activities, and period-end closing of New Asset Accounting are sub-topics.
Topic 2	Financial Accounting Configuration in SAP S 4HANA: The new master data model, ledger enhancements, document splitting, posting processes, closing operations, and integration are covered in this topic.
Topic 3	Management Accounting Configuration in SAP S 4HANA: This topic encompasses Management Accounting integration, Material Ledger, Profitability Analysis, planning budgeting processes, and providing insights into configuring Management Accounting effectively.
Topic 4	System Preparation and Configuration for Conversion of Financials in SAP S 4HANA: This topic covers pre-conversion tests, customer-vendor integration, and FI and CO customization, ensuring a smooth transition to SAP S 4HANA Financials.

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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q39-Q44):

NEW QUESTION # 39
Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

A. Implementation of real-time integration of controlling to financial accounting
B. Implementation of document splitting
C. Implementation of an additional standard ledger for parallel accounting
D. Implementation of chart of accounts conversion

Answer: B,C

NEW QUESTION # 40
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?

A. It is still limited to 999 line items but the system automatically aggregates at account level.
B. It is automatically extended to 999999 line items.
C. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required.
D. It is still limited to 999 line items but you can configure summarization on certain criteria.

Answer: D

Explanation:
Architecture Overview of Financials in SAP S/4HANA

NEW QUESTION # 41
What restrictions apply when a new currency is introduced for productive company codes and ledgers?
Note: There are 2 correct answers to this question.

A. Archived data CANNOT be enriched with the new currency.
B. Reconciliation for entities in asset accounting is NOT included.
C. Calculated values are NOT added to the ACDOCA.
D. New currency fields are NOT updated for existing data.

Answer: A,B

Explanation:
Financial Accounting Configuration in SAP S/4HANA

NEW QUESTION # 42
You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

A. Assign the app directly to the Z_MANACC role and add the app to a group.
B. Add the app to a catalog that is assigned to the Z_MANACC role.
C. Add the app to a group that is assigned to the Z_MANACC role
D. Assign the app directly to the Z_MANACC role and add the app to a catalog.

Answer: B

NEW QUESTION # 43
You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

A. Only critical error messages have been accepted.
B. Customizing is consistent.
C. Customer Vendor Integration can start.
D. All views are generated successfully.
E. All error messages have been accepted.

Answer: B,D,E

NEW QUESTION # 44
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