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C_TS4FI_2021 – SAP Certified Application AssociateSAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)

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Showing 7–9 of 10 questions

Question 7

What difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

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    Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle
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    Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle
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    Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions
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    Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area
Question 8

Which of the following statement best describes how customer down payments are integrated with Sales & Distribution (SD)

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    A dowm payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
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    A dowm payment request is created as a SD billing document, which is automatically posted in FI as a noted item.
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    A dowm payment request is created as an FI noted item, which automatically generates an SD billing document.
  • ○

    A dowm payment request is created as an FI noted item, which automatically generates an SD sales order.
Question 9

The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new VAT codes 05 and 15 to cover this requirement.

How can you ensure that users use the new tax codes when entering tax relevant documents starting next year?

Select an option, then click Submit answer.

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    Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done
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    Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done
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    Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year
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    Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year