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

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  Document types

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  Accounting Principles

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  Valuation Areas (FI)

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  Ledger Groups

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  Standard ledgers
  
  
  

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  Cash Management

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  Special purpose ledger

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  Accrual engine

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  Classic credit management

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  Costing based CO- PA
  
  
  

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  Parallel currencies in the universal journal

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  Actual activity price determination

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  Parallel valuation for transfer pricing

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  Actual costing
  
  
  

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  An additional accounting principle

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  An extension ledger

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  A non-leading ledger

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  Zero balance Indicator for profit center
  
  
  

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  Historical data will be enriched with characteristics by derivation

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  Cost based CO-PA can still be used in parallel

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  Cost component split (COGS) can be configured in financial accounting

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  Value fields will be added to the universal Journal

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  Characteristics will be added to universal journal
  
  
  

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  Business Reconciliation Report

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  Reconcile GR/IR accounts

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  Confirm Receipt of Goods

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  Post Goods Receipt for inbound Delivery
  
  
  

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  This system brings up an error message and rejects the change

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  The cost element category in the account is also changed for company code 1010

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  The user is asked which categorywill be used in the future

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  The cost element category is different in the two company codes
  
  
  

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  Change all company codes to fiscal year variant K4

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  Change all company codes to fiscal year variant K2

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  Change all company codes and the controlling area to fiscal year variant K2

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  Change the controlling area to fiscal year variant K3.
  
  
  

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  When real-time integration is active for the company code

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  When FI account assignments (such as the segment) change

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  When document splitting is active for the company code

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  When any primary and secondary cost and revenue accounts are posted
  
  
  

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  Run "calculate depreciation" (transition AFAR) for fiscal year 2021

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  Post revaluation and new valuation (transition AR29N) for fiscal year 2020

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  Run the fiscal year change (transition FAA_CMP) to close fiscal year 2019

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  Post all depreciation (transaction AFAB) for the fiscal year 2020