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P_S4FIN_2021 Exam Dumps : SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts

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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers

Question 1

You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can resolve the error?

Options:

A.

Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.

B.

Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.

C.

Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.

D.

Post all depreciation (transaction AFAB) for the fiscal year 2021

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Question 2

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Options:

A.

Implementation of real-time integration of controlling to financial accounting

B.

Implementation of chart of accounts conversion

C.

Implementation of an additional standard ledger for parallel accounting

D.

Implementation of document splitting

Question 3

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

Options:

A.

Cost-based CO-PA can still be used in parallel.

B.

Characteristics will be added to the universal journal.

C.

Value fields will be added to the universal journal.

D.

Historical data will be enriched with characteristics by derivation

E.

Cost component split (COGS) can be configured in financial accounting.