C-TS4FI-2021 100% Pass Guaranteed Download SAP Certified Application Associate Exam PDF Q&A [Q22-Q36]

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C-TS4FI-2021 100% Pass Guaranteed Download SAP Certified Application Associate Exam PDF Q&A

C-TS4FI-2021 Practice Test Dumps with 100% Passing Guarantee

Earning the SAP C_TS4FI_2021 certification demonstrates that individuals have the knowledge and skills to implement financial accounting processes with SAP S/4HANA. This certification can enhance career prospects for professionals in the finance and accounting domain, as it validates their expertise in SAP S/4HANA for Financial Accounting. It also helps organizations identify and hire individuals with the necessary skills to implement and customize financial accounting processes with SAP S/4HANA.

NEW QUESTION 22
General Ledger Accounting
“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 question”

Bank Master Data

Payment method

General ledger account

Bank Control Key

Company code

NEW QUESTION 23
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, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?

Define depreciation areas for each category of legacy asset.

Define depreciation areas to transfer all the legacy data.

Define asset classes and maintain their attributes.

Define depreciation keys and calculation keys.

NEW QUESTION 24
Asset Accounting
“Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question.”

Each asset class can have either an internal or external number range.

Asset number range are defined at chart of depreciation level.

Asset number range are defined for asset classes and are company code specific.

Each asset number range must be assigned to a unique asset class.

NEW QUESTION 25
Accounts Payable and Accounts Receivable
What dunning -related data do you maintain on the business partner master record? (3 correct answers)

Dunning area

Dunning interval

Dunning procedure

Dunning block

Dunning Key

NEW QUESTION 26
Financial Closing
“You want to post journal entries in a special period.
Which conditions must be met?
Note: There are 2 correct answer to this question.”

The last posting period must be open for posting in the period control.

The balance carry-forward to the new fiscal year must have taken control.

You must enter a posting date in the last posting period.

The special period must be open for posting in the period control.

NEW QUESTION 27
Which of the following statements are valid for financial document number ranges?
Note: There are 3 correct answers to this questions.

The same financial document number range can be assigned to several document type

All financial document number ranges can contain numbers and/or letters

Financial document number ranges defined at client level should NOT overlap

Financial document number ranges are defined at company code level

Financial document number ranges must be defined for the year in which they are used

NEW QUESTION 28
Financial Closing
“You forget to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?”

The balance of the new account is added to the non-assigned section and is included in the calculation

The balance of the new account is added to the notes in the financial statement item section and is included in the calculation

The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation

The balance of the new account is added to the non-assigned section and is excluded from the calculation

NEW QUESTION 29
Financial Closing
“To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question”

Define the person responsible for tasks

Release the task list

Create task groups

Define task dependencies

Create a template

NEW QUESTION 30
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 to this questions.

You can manage user access to relevant apps for your team without help from an administrator

You can adapt the launchpad color theme according to predefined values for the cash report

You can create a title to take you directly to the cash position of the North America business market

You can create a title group with all the apps required for you daily business for easy access

NEW QUESTION 31
What dunning-related data do you maintain on the business partner master record?
Note: There are 2 correct answers to this questions.

Dunning block

Dunning key

Dunning interval

Dunning area

NEW QUESTION 32
General Ledger Accounting
For which account can you perform account clearing in SAP S/4HANA?

For any balance sheet account managed on a line item basis

For any account that is managed on an open item basis

For any G/L account defined as reconciliation account

For any account that is assigned to a financial statement version

NEW QUESTION 33
What archiving step must precede archiving a supplier invoice posted directly to FI?

Archive accounts payables master data

Archive data in CO

Archive FI transaction figures

Perform compression run

NEW QUESTION 34
Accounts Payable & Accounts Receivable
“You want to configure the default baseline date for the payment terms of an incoming invoice.
From which date can you derive the baseline date?
Note: There are 3 correct answers to this question.”

Entry date

Document date

Goods receipt date

Posting date

Value date

NEW QUESTION 35
What can you control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this questions.

The special G/L indicator for the down payment

The account where a residual item is posted

The exclusion of disputed residual items from credit limit checks

The type of payment notice sent to a customer

The document type of the payment

NEW QUESTION 36
General Ledger Accounting
“Which statements best describe a profit center?
Note: There are 2 correct answers to this question.”