Online Access Free P_S4FIN_2020 Exam Questions

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

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

You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in asset accounting and needs to be

• A.year-end closing
• B.segment and profit centre reporting
• C.non-posting depreciation areas
• D.insurance values in the asset master record

What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

• A.Faster innovation cycles
• B.Fuller integration to external systems
• C.Support for all industries
• D.Cloud platform compatibility

Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?

• A.Additional FI Currency
• B.Document Splitting
• C.transfer prices
• D.Account-based CO-PA

An asset is being acquired through integration with procurement. How is the asset aquisition value posted?

• A.Valuated acquisition is posted at settlement
• B.Valuated acquisition is posted at invoice receipt
• C.Non-Valuated acquisition is posted at invoice receipt
• D.Non-Valuated acquisition is posted at goods receipt