[Mar-2022] Pass SAP P_S4FIN_1909 Tests Engine pdf - All Free Dumps
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) Practice Tests 2022 | Pass P_S4FIN_1909 with confidence!
SAP P_S4FIN_1909 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12% | Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. |
| 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. |
| 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. |
| 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 |
NEW QUESTION 13
Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question.
- A. Posting period variant
- B. Field status variant
- C. Fiscal year variant
- D. Financial statement version
Answer: A,D
NEW QUESTION 14
Where can you find the automatic write-off program to close unpaid customer balances?
- A. Treasury Operations.
- B. Accounts Receivable.
- C. Collections Management.
- D. Dispute Management.
Answer: D
NEW QUESTION 15
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion? Please choose the correct answer.
- A. Transfer prices
- B. Additional FI currency
- C. Document splitting
- D. Account-based CO-PA
Answer: D
NEW QUESTION 16
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business?
- A. Credit control area.
- B. Credit segment.
- C. Sales area.
- D. Company code.
Answer: A
NEW QUESTION 17
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?
- A. Create a BP grouping for each customer and vendor account group.
- B. Create a BP type for each industry category in the customer/vendor accounts.
- C. Create a BP role for each customer and vendor account group.
- D. Create a BP category for each legal form maintained for customers/vendors.
Answer: A
NEW QUESTION 18
Your customer wants to maintain the current customer and supplier account numbers even after migration 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? Please choose the correct answer.
- A. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward.
- B. Use external number ranges in the BP groupings for the conversion and switch to internal afterward.
- C. Use internal number ranges in the BP groupings for the conversion and switch to external afterward.
- D. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward.
Answer: D
NEW QUESTION 19
What customizing option is available during the conversion Project of an SAP ERP system with classic G/L to SAP S/4HANA1709?
- A. Replace the accounts approach with the ledger approach.
- B. Implement a new currency type.
- C. Add an extension ledger.
- D. Introduce document splitting.
Answer: B
NEW QUESTION 20
What are the improvements to new cash pooling? There are 2 correct answers to this question.
- A. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
- B. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.
- C. The balance before concentration and the simulated balance after the concentration can be compared.
- D. Different payment methods for payment requests can be specified in different paying company codes.
Answer: A,C
NEW QUESTION 21
Which objects do you migrate from SAP ERP to SAP S/4HANA? There are 3 correct answers to this question.
- A. Balances of accounts, customers, and vendors.
- B. House banks for new Bank Account Management.
- C. Accounting documents of financial accounting and controlling.
- D. Master data such as assets and profit centers.
- E. Data of costing-based profitability analysis.
Answer: A,B,C
NEW QUESTION 22
You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry. Which actions do you have to perform? There are 2 correct answers to this question.
- A. Activate the CO-PA append structure in ACDOCA.
- B. Generate the operating concern.
- C. Maintain the proper derivation rules in transaction KEDR.
- D. Create the user-defined characteristic and add it to the operating concern.
Answer: B,D
NEW QUESTION 23
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign more than 3 valuations to the same ledger.
- B. You can assign each valuation to a separate ledger.
- C. You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.
- D. You can assign profit center, group, and legal valuations to the same ledger.
Answer: B,D
NEW QUESTION 24
A customer wants to store alternative values of a foreign currency valuation in an extension ledger. What extension ledger type is needed for this purpose? Please choose the correct answer.
- A. Valuation
- B. Extension
- C. Prediction and commitments
- D. Simulation
Answer: D
NEW QUESTION 25
For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.
- A. Sales region
- B. Profit center
- C. Functional area
- D. Customer group
Answer: A,D
NEW QUESTION 26
Which statements about the S/4HANA Accrual Engine are correct? There are 3 correct answers to this question.
- A. There is no redundant storage of the postings as original document.
- B. It enables complex postings, more than two line items are possible by customerciefined of posting schemes.
- C. It is fully integrated into the General Ledger:
- D. There are summary records in the Accrual Engine
Answer: A,B,C
NEW QUESTION 27
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? There are 3 correct answers to this question.
- A. Define depreciation areas for all currency types
- B. Close all fiscal years except the current one.
- C. Define a technical clearing account for integrated acquisitions.
- D. Assign accounting principles to all depreciation areas
- E. Activate enterprise extension EA-FIN
Answer: A,B,E
NEW QUESTION 28
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?
- A. Reconciliation ledger.
- B. Standard ledger.
- C. Material ledger.
- D. Special ledger.
Answer: B
NEW QUESTION 29
In a first step, you create an account with account type "secondary cost element" and cost element category
"42" in controlling area A000 and company code 1010.In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling area. What is the effect in the system when you save this account? Please choose the correct answer.
- A. The cost element category is different in the two company codes
- B. The user is asked which category will be used in the future
- C. The cost element category in the account is also changed for company code 1010.
- D. This system brings up an error message and rejects the change
Answer: C
NEW QUESTION 30
Which downstream activities can be updated when you post a payment in receivables management? Note:
There are 2 correct answers to this question.
- A. Update of days sales outstanding calculations
- B. Update of a promise to pay
- C. Release of an order from credit hold
- D. Reduction of an open dispute case amount
Answer: C,D
NEW QUESTION 31
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question.
- A. Quotation costing
- B. Sales order cost estimates
- C. Preliminary cost estimates
- D. Standard price cost estimates
Answer: A,C
NEW QUESTION 32
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P_S4FIN_1909 Exam Certification Details:
| Duration: | 180 mins |
| Level: | Professional |
| Cut Score: | 61% |
| Languages: | German, English |
| Sample Questions: | SAP P_S4FIN_1909 Exam Sample Question |
SAP P_S4FIN_1909 Exam Description:
The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)' 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.
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