C_TS4FI_2021 Exam Questions

What are the characteristics of a company in SAP S/4HANA? Note: There are 2 correct answers to this questions.

Which of the following should you consider when defining asset number range? Note: There are 2 correct answers to this questions.

You assign currency type 40 to your company code in ledger 0L Which source currency types can you select? Note: There are 2 correct answers to this questions.

The country that your company code operates in has defined a new VAT tax rate percentage of 15%, which will become effective at the star of the next fiscal year. You create the new...

What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this questions.

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are the year-end closing program checks for Asset Accounting? Note: There are 2 correct answer...

What area of the benefits of how data handled in SAP S/4HANA? Note: There are 2 correct answers to this questions.

You want to configure the default baseline data for the payment terms of an incoming invoice. From which date can you derive the baseline date? Note: There are 3 correct answers to...

On which levels can you maintain field status controls for business partners (BP)? Note: There are 2 correct answers to this questions.

How does SAP S4/HANA support the treatment of taxes? Note: There are 3 correct answers to this questions.

You are getting ready to post you first simple general ledger document using the SAP Fiori app for posting in the test environment. What configuration items do you need to set up t...

You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account...

How can you create an asset under construction? Note: There are 2 correct answers to this questions.

You are responsible for configuring document splitting. What are some of the key settings? Note: There are 2 correct answers to this questions.

In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which new settings must you maintain as part of the configuration...

What difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

You want to post journal entries in a special period. Which conditions must be met? Note: There are 2 correct answers to this questions.

Which steps are required to create a substitution in Financial Accounting? Note: There are 3 correct answers to this questions.

Which prerequisites must be fulfilled to allow for negative posting of journal entries? Note: There are 2 correct answers to this questions.

How do you configure depreciation areas in SAP S4/HANA? Note: There are 2 correct answers to this questions.

What archiving step must precede archiving a supplier invoice posted directly to FI?

In your SAPS/4HANA system, you want to archive the G/L accounts that are not used by the business in any company code. What are prerequisites to archiving all data of a G/L account...

What area the maintenance levels of a screen layout rule for asset master data? Note: There are 3 correct answers to this questions.

What are the features of the Accrual Engine in SAP S/4HANA? Note: There are 2 correct answers to this questions.

When is it possible to set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this questions.

Which of the following closing activities is a so-called technical closing step?

Which of the following statement best describes how customer down payments are integrated with Sales & Distribution (SD)

You must run the foreign currency valuation for both US GAAP and IFRS. which leads to different values for the two different accounting principles. How can you set this up in the s...

Which date is used to determine the depreciation star date?

You have been asked to set up house banks as part of the implementation. What information do you need? Note: There are 3 correct answers to this questions.

Which of the following are valid settlement receives, when you perform settlement for an asset under construction, on a line item basis? Note: There are 2 correct answers to this q...

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this questions.

You post a purchase order. For which expenses does the system calculate accruals? Note: There are 2 correct answers to this questions.

You forgot to add a new general ledger account to the financial statement version. What impact does this have on the net profit and net loss?

You are a group cash manager interested in the North American business market What ate the personalization options available to you in SAP Fiori? Note: There are 2 correct answers...

Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting lines? Note: There are 2 correct an...

You want to configure the tax calculation procedures. What are the main elements you need to define? Note: There are 3 correct answers to this questions.

Which of the following steps do you typically perform during a payment run with the automatic payment program? Note: There are 2 correct answers to this questions.

Which parameters can you specify directly when you create a new correspondence type? Note: There are 3 correct answers to this questions.

Which information is part of the Bank Master Data? Note: There are 2 correct answers to this questions.

What does the document type control? Note: There are 3 correct answers to this questions.

Which fields of a financial accounting document influence the automatic payment program? Note: There are 3 correct answers to this questions.

What do you need to do to configure a new exchange rate type in SAP S/4HANA? Note: There are 2 correct answers to this questions.

What does the document splitting funtion do? Note: There are 2 correct answers to this questions.

Your SAP S4/HANA system is integrated with controlling, You perform cost-of-sales accounting and you profit and loss per profit center. When posting a supplier invoice to a primary...

Which statement best describe extension ledgers in SAP S/4HANA? Note: There are 2 correct answers to this questions.

You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life,...

Which of the following is technical year-end closing activity in SAP S4/HANA?

Which of the following statements are valid for financial document number ranges? Note: There are 3 correct answers to this questions.

You define custom currency type Zl for your company code. Which currency types must be stored in the Data End view? Note: There are 2 correct answers to this questions.