P_S4FIN_2020 Sample Questions Answers

You are converting your system to SAP S/4HANA. In your system you have:

Three company codes assigned to a single controlling area Controlling area is assigned to fiscal year variant K4.

Two company codes assigned to fiscal year variant K2

One company code assigned to variant K3 During conversion to SAP S/4HANA, what do you need to change?

Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA. What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

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

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

You want to convert your system from an account solution into a ledger solution without a prior new G/ L migration project. Which scenario can be used? NOTE: There are 2 correct answers to this question.

You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?

What can you do with SAP S/4HANA accrual management?

What function is delivered with business function EA-FIN to support SAP S/4HANA?