C_TS4FI_2023 Test Sample Online | Reliable C_TS4FI_2023 Test Experience

Blog Article

Tags: C_TS4FI_2023 Test Sample Online, Reliable C_TS4FI_2023 Test Experience, C_TS4FI_2023 Latest Test Camp, Sample C_TS4FI_2023 Exam, Valid C_TS4FI_2023 Exam Sims

BTW, DOWNLOAD part of VerifiedDumps C_TS4FI_2023 dumps from Cloud Storage: https://drive.google.com/open?id=1Q4dTbUd50_NUsprJOLOAGx_yrkeEc41h

Our product backend port system is powerful, so it can be implemented even when a lot of people browse our website can still let users quickly choose the most suitable for his C_TS4FI_2023 learning materials, and quickly completed payment. It can be that the process is not delayed, so users can start their happy choice journey in time. Once the user finds the learning material that best suits them, only one click to add the C_TS4FI_2023 learning material to their shopping cart, and then go to the payment page to complete the payment, our staff will quickly process user orders online.

If you fail in the exam, we will refund you in full immediately at one time. After you buy our SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting exam torrent you have little possibility to fail in exam because our passing rate is very high. You only need 20-30 hours to learn SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting exam torrent and prepare the exam. Many people, especially the in-service staff, are busy in their jobs, learning, family lives and other important things and have little time and energy to learn and prepare the exam. But if you buy our C_TS4FI_2023 Test Torrent, you can invest your main energy on your most important thing and spare 1-2 hours each day to learn and prepare the exam.

>> C_TS4FI_2023 Test Sample Online <<

Reliable C_TS4FI_2023 Test Experience, C_TS4FI_2023 Latest Test Camp

Being respected and gaining a high social status maybe what you always long for. But if you want to achieve that you must own good abilities and profound knowledge in some certain area. Passing the C_TS4FI_2023 certification can prove that and help you realize your goal and if you buy our C_TS4FI_2023 Quiz prep you will pass the C_TS4FI_2023 exam successfully. Our product is compiled by experts and approved by professionals with years of experiences. You can download and try out our latest C_TS4FI_2023 quiz torrent freely before your purchase.

SAP C_TS4FI_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
Topic 2	Financial Closing: This topic covers performing month and year-end closing tasks in Financial Accounting. It involves monitoring closing operations using the Financial Closing Cockpit, managing accruals, and handling posting periods.
Topic 3	Overview and Deployment of SAP S 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S 4HANA.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q55-Q60):

NEW QUESTION # 55
You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?

A. Chart of accounts
B. Tolerance group
C. Account type
D. Account group

Answer: D

Explanation:
* Account Group Definition:
* The account group in SAP S/4HANA determines the number range for the G/L accounts. It controls which number ranges are assigned to which accounts and defines the intervals for these ranges. This is why, if you encounter an error stating that the account number is not in the accepted range, you need to adjust the account group settings.
* Customizing Account Group:
* To extend or modify the number range for G/L accounts, you need to customize the account group. This can be done using the transaction code OBD4. In this transaction, you can define new intervals or extend existing ones to ensure the desired account numbers fall within the acceptable range.
* Steps to Customize Account Group:
* Navigate to Transaction Code OBD4 or use the following path: SPRO -> SAP Reference IMG
-> Financial Accounting -> General Ledger Accounting -> G/L Accounts -> Preparations -> Define Account Group -> Execute.
* In the new window, select or create a new account group.
* Define the number range by specifying the "From Account" and "To Account" fields.
* Save the changes to apply the new number range.

NEW QUESTION # 56
How does the system determine the relevant accounting principle when performing foreign currency valuation?

A. Via the valuation area
B. Via the valuation method
C. Via the valuation class
D. Via the valuation type

Answer: B

NEW QUESTION # 57
Where do you assign the currency type?

A. Accounting principle
B. Company
C. Ledger
D. Valuation area

Answer: A

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, the currency type is assigned at the level of the accounting principle . This assignment ensures that financial reporting adheres to the currency requirements of specific accounting standards (e.g., local GAAP, IFRS). Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Accounting principle
* Correct : The currency type is assigned to the accounting principle in SAP S/4HANA. An accounting principle defines the rules and standards for financial reporting, such as local GAAP or IFRS. Each accounting principle can have its own currency type (e.g., company code currency, group currency) to ensure compliance with reporting requirements.
* Reference : According to SAP documentation, the currency type is linked to the accounting principle to support parallel accounting and accurate financial reporting.
B. Valuation area
* Incorrect : The valuation area is used in Asset Accounting and Inventory Management to define how assets or materials are valued. While valuation areas may involve currencies (e.g., for asset depreciation or material valuation), they do not directly assign currency types for financial reporting purposes.
* Reference : Valuation areas focus on operational valuations and are not responsible for assigning currency types to accounting principles.
C. Company
* Incorrect : The company is an organizational unit used in consolidation processes to represent legal entities. It does not directly assign currency types. Currency types are managed at the accounting principle or ledger level, not at the company level.
* Reference : Companies are used for consolidation reporting but do not control currency assignments.
D. Ledger
* Incorrect : While the ledger is closely related to accounting principles and supports parallel accounting, the currency type is not directly assigned to the ledger itself. Instead, the currency type is assigned to the accounting principle, which is then associated with the ledger.
* Reference : Ledgers inherit the currency settings from the accounting principles they are linked to, but the assignment of currency types occurs at the accounting principle level.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Parallel Accounting : Explains how currency types are assigned to accounting principles to support parallel accounting and compliance with different reporting standards.
* SAP Help Portal - Accounting Principles : Provides detailed guidance on configuring accounting principles and their associated currency types.
* Currency Types in Financial Reporting : Highlights the role of currency types in ensuring accurate financial reporting under various accounting standards.
* Integration of FI-AA and FI-GL : Describes how currency types are used in financial reporting and how they align with accounting principles.

NEW QUESTION # 58
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

A. 40 = Hard currency
B. 10 = Company code currency
C. 00 = Document currency
D. 60 = Global company currency
E. 30 = Group currency

Answer: B,C,E

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, ledgers are used to manage financial accounting data and support parallel accounting requirements (e.g., local GAAP vs. IFRS). Each ledger can be configured with specific currency types to meet reporting and compliance needs. Let's analyze each option to determine which currency types can be defined for a specific ledger.
Explanation of Each Option:
B. 00 = Document currency
* Correct : The document currency (currency type 00) is the currency in which a financial transaction is originally recorded. It is always available in every ledger because it ensures that the original transaction amount is preserved for reporting and reconciliation purposes.
* For example, if an invoice is issued in USD, the document currency will be USD. This currency type is essential for maintaining accurate financial records.
* Reference : According to SAP documentation, the document currency is stored in the Universal Journal (ACDOCA) and is a mandatory field for every financial posting.
D. 10 = Company code currency
* Correct : The company code currency (currency type 10) is the default currency of the company code.
It is automatically available in every ledger and is used as the primary currency for legal reporting and balance sheet preparation.
* For example, if the company code currency is EUR, all postings are converted to EUR for reporting purposes, regardless of the document currency.
* Reference : The company code currency is defined during the creation of the company code and is a key component of financial reporting at the company code level.
E. 30 = Group currency
* Correct : The group currency (currency type 30) is used for consolidation purposes and represents the currency of the corporate group or headquarters. It can be defined for specific ledgers to support group reporting requirements, such as preparing consolidated financial statements.
* For example, if the group currency is USD, financial data from multiple company codes can be converted to USD for consolidation.
* Reference : Group currency is critical for external reporting under IFRS and is supported in SAP S
/4HANA through ledger configuration.
A. 60 = Global company currency
* Incorrect : The global company currency (currency type 60) is not a standard currency type in SAP S
/4HANA. While some custom implementations might use this term, it is not officially recognized in SAP documentation for ledger configuration.
* Reference : SAP S/4HANA supports predefined currency types like document currency, company code currency, and group currency, but global company currency is not part of the standard configuration.
C. 40 = Hard currency
* Incorrect : Hard currency (currency type 40) is a special currency type used in countries with high inflation or currency instability. It is not typically defined for specific ledgers unless required by local regulations.
* Reference : Hard currency is optional and is only relevant in specific scenarios, such as hyperinflationary economies. It is not a standard requirement for ledger configuration.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Parallel Accounting : Explains how different currency types are used in ledgers to support parallel accounting requirements.
* SAP Help Portal - Currency Types in Ledgers : Provides detailed guidance on configuring currency types for specific ledgers.
* Universal Journal (ACDOCA) : Highlights that document currency (00), company code currency (10), and group currency (30) are stored in the universal journal and are essential for financial reporting.
* Group Reporting in SAP S/4HANA : Describes the use of group currency (30) for consolidation purposes.

NEW QUESTION # 59
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?

A. One statistical line item
B. Two statistical line items
C. One noted item
D. Two noted items

Answer: C

Explanation:
In SAP S/4HANA, a guarantee is typically recorded as a noted item because it represents a commitment or promise that does not have an immediate financial impact on the accounts. Noted items are used to document such agreements for informational purposes without creating actual postings or open items in the system.
Let's analyze each option to determine the correct answer:
Explanation of Each Option:
C. One noted item
* Correct : When you record a guarantee in SAP S/4HANA, the system creates one noted item . A noted item is a statistical posting that serves as a reference for the agreement (e.g., the guarantee of EUR
10,000). It does not affect account balances or create open items but provides visibility into the agreement for reporting and tracking purposes.
* Reference : According to SAP documentation, guarantees and similar commitments are documented as noted items because they do not involve actual financial transactions or postings.
A. Two statistical line items
* Incorrect : Recording a guarantee does not generate two statistical line items. Instead, it creates a single noted item to document the agreement. Statistical line items are typically associated with actual postings that update account balances, which is not the case for guarantees.
* Reference : Guarantees are purely informational and do not involve multiple statistical line items.
B. Two noted items
* Incorrect : Only one noted item is created when recording a guarantee. There is no need for two noted items, as the guarantee represents a single agreement or commitment. The system documents this as one entry for reference purposes.
* Reference : SAP S/4HANA records guarantees as a single noted item to maintain simplicity and clarity in the system.
D. One statistical line item
* Incorrect : While noted items are sometimes referred to as statistical postings, the correct terminology in this context is "noted item." A statistical line item implies an actual posting that updates account balances, which is not the case for guarantees. Therefore, this option is incorrect.
* Reference : Guarantees are documented as noted items, not statistical line items, because they do not impact financial balances.
Key References to SAP Documentation:
* SAP S/4HANA Finance for Accounts Receivable and Payable : Explains the use of noted items for guarantees and other non-posting commitments.
* SAP Help Portal - Noted Items : Provides detailed guidance on how noted items are used to document agreements like guarantees.
* Double-Entry Accounting in SAP S/4HANA : Highlights the distinction between noted items and actual postings that affect account balances.
* General Ledger Entry View : Describes how noted items are recorded in the Entry View for informational purposes.

NEW QUESTION # 60
......

By selecting our C_TS4FI_2023 study materials, you do not need to purchase any other products. Our passing rate may be the most attractive factor for you. Our C_TS4FI_2023 learning guide have a 99% pass rate. This shows what? As long as you use our products, you can pass the exam! Do you want to be one of 99? Quickly purchase our C_TS4FI_2023 Exam Questions! And you will find that the coming exam is just a piece of cake in front of you.

Reliable C_TS4FI_2023 Test Experience: https://www.verifieddumps.com/C_TS4FI_2023-valid-exam-braindumps.html

BTW, DOWNLOAD part of VerifiedDumps C_TS4FI_2023 dumps from Cloud Storage: https://drive.google.com/open?id=1Q4dTbUd50_NUsprJOLOAGx_yrkeEc41h

Report this page

C_TS4FI_2023 TEST SAMPLE ONLINE | RELIABLE C_TS4FI_2023 TEST EXPERIENCE

C_TS4FI_2023 Test Sample Online | Reliable C_TS4FI_2023 Test Experience