Printable PDFSAP P_S4FIN_2021 Exam Questions & Answers
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Vendor: SAP
Exam Code: P_S4FIN_2021
Exam Name: SAP Certified Professional - Financials in SAP S/4HANA 2021 for SAP ERP Finance Experts
Certification Provider: SAP
Total Questions: 79 Q&A ( View Details)
Updated on: Mar 28, 2025
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P_S4FIN_2021 Online Practice Questions and Answers
Which ledger-specific configuration can you maintain at company code level? (Choose two.)
A. The posting period variant for the extension ledger
B. The fiscal year variant for the standard ledger
C. The financial statement version for both types of ledgers
D. The valuation view for the extension ledger
Your customer uses the ledger approach to multiple valuation.
During conversion to SAP S/4HANA, which configurations will be required? (Choose two.)
A. Define the document type for the accounting-principle-specific documents.
B. Configure delta depreciation areas to no longer post to the general ledger.
C. Assign accounting principles to all real and derived depreciation areas.
D. Convert all accounts of parallel valuations to reconciliation accounts.
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?
A. Post all depreciation (transaction AFAB) for the fiscal year 2021.
B. Post revaluation and new valuation (transaction AR29N) for fiscal year 2021.
C. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
D. Run “Calculate Depreciation” (transaction AFAR) for fiscal year 2022.
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