Online Access Free P-S4FIN-2021 Exam Questions

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

• A.Zero balance indicator for profit center
• B.An extension ledger
• C.A non-leading ledger
• D.The summarization in ACDOCA

At which level is the migration run for finance data performed?

• A.Controlling area
• B.Company code
• C.Client
• D.Operating concern

What do you configure to automatically create a vendor when you create a business partner?Note: There are 2 correct answers to this question.

• A.The business partner grouping key
• B.The partner functions for vendors
• C.Business partner relationships
• D.The customer/vendor integration interface

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 customer uses the accounts approach for parallel accounting
• B.The system does NOT use material ledger for actual costing.
• C.The system uses classic asset accounting to manage fixed assets.
• D.The customer does NOT use business partners to manage customers and suppliers

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.Define depreciation areas for all currency types.
• C.Define a technical clearing account for integrated acquisitions
• D.Activate enterprise extension EA-FIN.
• E.Assign accounting principles to all depreciation areas