Free SAP P-S4FIN-2021 Exam Dumps Questions & Answers

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

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

• A.  Close all fiscal years except the current one.
• B.  Assign accounting principles to all depreciation areas
• C.  Define a technical clearing account for integrated acquisitions
• D.  Define depreciation areas for all currency types.
• E.  Activate enterprise extension EA-FIN.

In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

• A.  Currency valuation
• B.  Depreciation
• C.  Payments
• D.  Taxes
• E.  Accruals

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

• A.  Active document splitting
• B.  Document splitting inheritance
• C.  Passive document splitting
• D.  Document splitting default account assignment

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.  All error messages have been accepted.
• B.  Customizing is consistent.
• C.  Only critical error messages have been accepted.
• D.  All views are generated successfully.
• E.  Customer Vendor Integration can start.