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[Q66-Q87] Full P_S4FIN_2021 Practice Test and 185 unique questions with explanations waiting just for you!

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Full P_S4FIN_2021 Practice Test and 185 unique questions with explanations waiting just for you!

SAP Certified Application Professional Dumps P_S4FIN_2021 Exam for Full Questions – Exam Study Guide

SAP P_S4FIN_2021 Exam Description:

PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available.   – – – – – – – – – – – – – – – – The ‘SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)’ certification exam validates a candidate’s ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA.

The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application.

This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself. The certificate issued for passing this exam will be valid for 5 years.

 

QUESTION 66
What are the key components of the Intelligent Enterprise by SAP? There are 3 correct answer to this question.

 
 
 
 
 

QUESTION 67
The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?

 
 
 
 

QUESTION 68
What is One Exposure from Operations?

 
 
 
 

QUESTION 69
Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

 
 
 
 

QUESTION 70
You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question

 
 
 
 

QUESTION 71
In what system is it important to perform all system conversion steps to identify and solve conversion errors?

 
 
 
 
 

QUESTION 72
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?

 
 
 
 

QUESTION 73
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

 
 
 
 

QUESTION 74
What does the Parallel Accounting Using G/ L Accounts indicator in ledger configuration allow you to do?

 
 
 
 

QUESTION 75
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

 
 
 
 

QUESTION 76
Which of the following are available methods of valuation for depreciation areas? There are 3 correct answer to this question.

 
 
 
 
 

QUESTION 77
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?

 
 
 
 

QUESTION 78
Which information will be migrated automatically during an SAP S/4HANA finance migration? There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 79
You 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.

 
 
 
 

QUESTION 80
What processes do you perform as part of liquidity management? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 81
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question

 
 
 
 

QUESTION 82
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?

 
 
 
 

QUESTION 83
Which object do you enter in controlling transactions to update a specific valuation in the universal journal?

 
 
 
 

QUESTION 84
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation. What are the critical steps for fixed assets? Note: There are 3 correct answers to this question.

 
 
 
 
 

QUESTION 85
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.

 
 
 
 

QUESTION 86
What can you do in the extension ledgers configuration? Please choose the correct answer.

 
 
 
 

QUESTION 87
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question.

 
 
 
 
 

SAP P_S4FIN_2021 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
Asset Accounting Configuration in SAP S/4HANA 8% – 12%

Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting.
Management Accounting Configuration in SAP S/4HANA > 12%

Perform customizing for Management Accounting integration, configure and use the Material Ledger, explain integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting.
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12%

Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion
Architecture Overview of Financials in SAP S/4HANA > 12%

Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution.

 

Authentic Best resources for P_S4FIN_2021 Online Practice Exam: https://www.passtestking.com/SAP/P_S4FIN_2021-practice-exam-dumps.html

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