Free SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Exam P_S4FIN_2021 Exam Practice Test

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 derives data from ACDOCA.
• ACDOCP is an isolated table.
• ACDOCP is a table with delta mechanism.
• ACDOCP is a cluster table.

You post a payment to a supplier invoice. In the universal journal table, you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question.

• An additional accounting principle
• An extension ledger
• A non-leading ledger
• Zero balance Indicator for profit center

For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question

• Functional area
• Customer group
• Sales region
• Profit center

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

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

• Depreciation
• Taxes
• Payments
• Accruals
• Currency valuation

Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.

• House banks for new Bank Account Management.
• Accounting documents of financial accounting and controlling
• Data of costing-based profitability analysis
• Balances of accounts, customers, and vendors.
• Master data such as assets and profit centers.

You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? Note: There are 2 correct answers to this question.

• Accounting principle
• Transaction type
• Depreciation area
• Ledger group

What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are 2 correct answers to this question.

• 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.
• The field mapping for the customer and vendor integration is created.

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 sales processes posted to internal orders and projects.
• Enable COGS split for stock transfers and point-of-sale transactions.
• Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.
• Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.

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

• Assign a segment to all G/L accounts
• Set the zero balance indicator
• Define a clearing account
• Define a PA transfer structure