SAP P_S4FIN_2023 SAP Certified Professional – SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Online Training
SAP P_S4FIN_2023 Online Training
The questions for P_S4FIN_2023 were last updated at Nov 07,2024.
- Exam Code: P_S4FIN_2023
- Exam Name: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
- Certification Provider: SAP
- Latest update: Nov 07,2024
What setting must be identical between the company code and controlling area?
- A . The valuation variant key
- B . The posting period variant key
- C . The number of posting and special periods
- D . The fiscal year variant key
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order.
What do you maintain in the G/L account master record to achieve this? Note: There are 2 correct answers to this question.
- A . Select the Record Account Assignment indicator.
- B . Enter value 90 in the cost element category field.
- C . Set the G/L account type to Primary Costs or Revenue.
- D . Define the G/L account as an asset reconciliation account.
Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A . Classic Credit Management
- B . Cash Management
- C . Accrual Engine
- D . Special Purpose Ledger
- E . Costing-based CO-PA
You want to set up a multi-level gross margin report in profitability analysis (CO-PA).
What do you customize to report the fixed and variable values separately? Note: There are 2 correct answers to this question.
- A . Margin analysis: no specific customizing is necessary
- B . Costing-based CO-PA: no specific customizing is necessary
- C . Margin analysis: assign different accounts (assignment of different accounts is necessary)
- D . Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
What cost center planning process can write data directly to plan item table ACDOCP?
- A . Internal activity price calculation
- B . Planning in SAP Analytics Cloud
- C . Manual planning of statistical key figures
- D . Formula planning with templates
On which levels can you assign semantic tags to a financial statement version in SAP Fiori? Note: There are 3 correct answers to this question.
- A . Financial statement item
- B . Functional area
- C . Business area
- D . G/L account
- E . Segment
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 . Customizing is consistent.
- B . All error messages have been accepted.
- C . Customer Vendor Integration can start.
- D . All views are generated successfully.
- E . Only critical error messages have been accepted.
What system configuration in your customer’s current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?
- A . The system does NOT use material ledger for actual costing.
- B . The system uses classic asset accounting to manage fixed assets.
- C . The customer does NOT use business partners to manage customers and suppliers
- D . The customer uses the accounts approach for parallel accounting
What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.
- A . Actual depreciations of all depreciation areas that are set to post depreciation periodically
- B . Actual depreciations of the controlling depreciation area used for management valuations
- C . Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle
- D . Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas
You are performing a system conversion for a customer that uses classic G/L with the accounts approach.
What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project? Note: There are 3 correct answers to this question.
- A . Valuation areas (FI)
- B . Standard ledgers
- C . Document types
- D . Accounting principles
- E . Ledger groups
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