Free SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts Exam P_S4FIN_2020 Exam Practice Test

Which values can be posted to a specific ledger? There are 3 correct answer to this question.

• Depreciation
• Taxes
• Payments
• Accruals
• Currency valuation

Which processes create an artificial controlling document? 2 correct answers

• FI posting of primary costs to production order
• Stock material consumption on project
• Internal activity allocation to sales order
• Assessment from cost center to account based profitability analysis

What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?

• Business Reconciliation Report
• Reconcile GR/IR accounts
• Confirm Receipt of Goods
• Post Goods Receipt for inbound Delivery

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, whichconfigurations will be required?There are 2 correct answer to this question.

• Convert accounts of parallel valuations to asset reconciliation accounts
• Define the document type for the accounting-principle-specific-documents
• Assign accounting principle to all real and derived depreciation areas
• Configure delta depreciation areas to no longer post to the General ledger

Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HAN

• What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question
• Implementation of additional document splitting
• Implementation of additional currency type
• Implementation of chart of account conversion
• Implementation of additional ledgers for parallel accounting

In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

• Between two profit centres
• Between two accounting principles
• Between two plants
• Between two company codes

What setting must be identical between the company code and controlling area?

• The number of special periods
• The number of postings and special periods
• The fiscal year variant key
• The number of posting periods

What cost center planning procress can write data directly to plan item table ACDOCP?

• Internal activity price calculation
• Formula planning with templates
• Manual planning of statistical key figures
• Manual planning of cost with workbook

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

• Company Code
• Period
• Year
• Source table

On which levels can you assign different technical clearing accounts for integrated acquisition in asset accounting. NOTE: There are 2 correct answers to this question

• Chart of accounts
• Transaction code
• Account determination
• Company code