[Q30-Q48] The Most Efficient P_S4FIN_2021 Pdf Dumps For Assured Success [2023]

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The Most Efficient P_S4FIN_2021 Pdf Dumps For Assured Success [2023]

We offers you the latest free online P_S4FIN_2021 dumps to practice

SAP P_S4FIN_2021 Exam is a valuable certification for finance experts who want to demonstrate their proficiency in SAP S/4HANA Finance. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification validates the candidate’s expertise in managing financial transactions, managing accounts payable and accounts receivable, managing financial accounting, and controlling functions in SAP S/4HANA. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification also demonstrates the candidate’s ability to use SAP S/4HANA Finance to improve financial performance and enhance business process efficiency.

Achieving the SAP P_S4FIN_2021 Certification demonstrates a high level of proficiency in financials in SAP S/4HANA and can lead to exciting career opportunities. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification is ideal for professionals who want to advance their career in SAP financials and stay up-to-date with the latest technology. Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts certification also shows that the individual is committed to continuous learning and professional growth, which is highly valued by employers.

QUESTION 30
In a first step, you create an account with account type “secondary cost element” and cost element category “42” in controlling area A000 and company code 1010.In a second step, you change this account to cost element category “43” in company code 1750, which is assigned to the same controlling are a. What is the effect in the system when you save this account?

The system brings up an error message and rejectsthe change.

The cost element category is different in the two company codes.

The cost element category in the account is changed back to “42” for company code 1750.

The cost element category in the account is changed for both company codes

QUESTION 31
If you use the ledger approach, which customization settings must you apply for new Asset Account? Note:
There are 2 correct answers to these questions.

Assign an accounting principle to every depreciation area.

Set reconciliation account for parallel valuation (non-leading ledger).

Define a technical clearing account for integrated asset acquisitions.

Assign a controlling version to each depreciation area.

QUESTION 32
A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

It is still limited to 999 line items but you can configure summarization on certain criteria.

It is automatically extended to 999999 line items.

It is now a compatibility view without number restrictions.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

QUESTION 33
Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.

Running the automatic write-off program.

Running the auto-confirm dispute case program.

Posting a credit memo for only cash discount amount.

Receiving a payment for the open amount.

QUESTION 34
Which transactions generate a prima nota entry in the system in addition to the universal journal entry? There are 2 correct answers to this question

Post time sheet data to Controlling (CAT7)

Post FI supplier invoice (FB70)

Settlement of internal order (K088)

Assessment cycle of cost centers (KSUS)

QUESTION 35
What setting must be identical between the company code and controlling area?

The number of special periods

The number of postings and special periods

The fiscal year variant key

The number of posting periods

QUESTION 36
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Central finance

Cloud single-tenant

On Premise

Cloud multi-tenant

QUESTION 37
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

Convert all accounts of parallel valuations to reconciliation accounts

Assign accounting principles to all real and derived depreciation areas.

Define the document type for the accounting-principle-specific documents.

Configure delta depreciation areas to no longer post to the general ledger

QUESTION 38
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Between two accounting principles

Between two company codes

Between two profit centers

Between two storage locations

QUESTION 39
Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

Sales order entry postings.

Manual postings.

Cost of goods sold (COGS) split per cost component.

Production variance split per variance category.

QUESTION 40
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.

You must define valuation areas for foreign currency valuation.

You must configure profit center and segment accounting.

You cannot configure and activate document splitting.

You cannot continue to use the consolidation staging ledger.

You must use accounts approach to parallel valuation.

QUESTION 41
Which values can be posted to a specific ledger? There are 3 correct answer to this question.

Depreciation

Taxes

Payments

Accruals

Currency valuation

QUESTION 42
You start your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.

All errors must be corrected during migration to complete it.

All errors related to closed years can be ignored.

Errors must be clarified, and uncritical errors can be ignored

Critical errors must be resolved in the production system before Go Live.

QUESTION 43
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?

Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward

Use internal number ranges in the BP groupings for the conversion and switch to external afterward

Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward

Use external number ranges in the BP groupings for the conversion and switch to internal afterward

QUESTION 44
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?

On-premise

Public cloud

Hybrid

Private cloud

QUESTION 45
How many digits for the amount field on the financial document line item level are supported in the universal journal

QUESTION 46
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?

transfer prices

Additional FI Currency

Account-based CO-PA

Document Splitting

QUESTION 47
In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.

It must be assigned to an underlying ledger.

It will generate additional line items in ACDOCA for non-ledger-specific postings.

It is always active on the system level for all company codes.

If asset accounting is used, a depreciation area must be assigned.

QUESTION 48
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

Faster innovation cycles

Fuller integration to external systems

Cloud platform compatibility

Support for all industries

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