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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
- Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.
Topic 3
- Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.
Topic 4
- 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.
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q19-Q24):
NEW QUESTION # 19
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
- A. 00 = Document currency
- B. 60 = Global company currency
- C. 10 = Company code currency
- D. 30 = Group currency
- E. 40 = Hard currency
Answer: B,C,D
NEW QUESTION # 20
You want to assign your 3 newly created company codes to the same controlling are a. Which settings must be common to all the company codes?
Note: There are 2 correct answe-rs to this que-stion.
- A. Fiscal year variant
- B. Posting period variant
- C. Operating chart of accounts
- D. Source currency for group currency
Answer: A,C
NEW QUESTION # 21
You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences? Note: There are 2 correct answers to this question.
- A. The residual item becomes a new receivable.
- B. Both the original open item and the residual item remain on the account as open items.
- C. The original document and the payment are cleared.
- D. The residual item is written off to a cost account.
Answer: A,B
NEW QUESTION # 22
At which level do you define functional areas?
- A. Controlling area
- B. Company code
- C. Client
- D. Financial statement version
Answer: C
NEW QUESTION # 23
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. 20 = Controlling area currency
- B. 10 = Company code currency
- C. 30 = Group currency
- D. 00 = Document currency
Answer: B,D
Explanation:
In SAP S/4HANA, currency types are critical as they define the currencies in which transactions and reports are recorded. The default currency types in SAP S/4HANA include:
* 00 = Document currency: This is the currency in which the original transaction is recorded. It is essential for maintaining the accuracy and consistency of transactional data.
* 10 = Company code currency: Also known as the local currency, this is the currency used for the company's internal accounting and financial reporting. Each company code is assigned a specific local currency, ensuring that financial statements are prepared in a standardized manner.
These currency types are foundational in SAP S/4HANA and are automatically included in the system configuration to support various financial operations and reporting needs.
References
* [25:26†SAP 4_HANA FICO.pdf]
* [28:1†1709119988077.pdf]
Organizational Assignments and Process Integration
NEW QUESTION # 24
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Hence, if you want to sharpen your skills, and get the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) certification done within the target period, it is important to get the best SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) exam questions. You must try ExamsLabs SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C_TS4FI_2023) practice exam that will help you get the SAP C_TS4FI_2023 certification.
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