Rob Bell Rob Bell's Profile Page

Rob Bell Rob Bell

0 Course Enrolled • 0 Course Completed

Biography

Free PDF Professional SAP - C-TS4FI-2023 - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Reliable Exam Questions

After we develop a new version, we will promptly notify you. At C-TS4FI-2023, you have access to the best resources in the industry. We guarantee that you absolutely don't need to spend extra money to buy other products. C-TS4FI-2023 practice materials will definitely make you feel value for money. If you are really in doubt, you can use our trial version of our C-TS4FI-2023 Exam Questions first. We believe that you will definitely make a decision immediately after use!

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

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

General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.

Topic 5

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.

>> C-TS4FI-2023 Reliable Exam Questions <<

SAP C-TS4FI-2023 Exam Questions Fee & Latest Test C-TS4FI-2023 Experience

This updated C-TS4FI-2023 exam study material consists of C-TS4FI-2023 PDF dumps, desktop practice exam software, and a web-based practice test. Experts have prepared the C-TS4FI-2023 desktop-based exam simulation software. There are C-TS4FI-2023 Actual Questions in the practice test to give you an exact impression of the SAP C-TS4FI-2023 original test.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q34-Q39):

NEW QUESTION # 34
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answe-rs to this que-stion.

A. Actual inventory method
B. Periodic inventory method
C. Standard inventory method
D. Cycle counting method
E. Continuous inventory method

Answer: B,D,E

NEW QUESTION # 35
The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA.
How does it work?

A. The invoice needs to be created in reference to the goods receipt.
B. The purchase order needs to be created in reference to a purchase request.
C. The 3 logistical steps each generate financial documents.
D. The goods receipt needs to be created in reference to the purchase order.

Answer: D

NEW QUESTION # 36
On which level do you maintain the currency translation ratio between two currencies?

A. Exchange rate type
B. Currency type
C. Valuation type
D. Document type

Answer: A

NEW QUESTION # 37
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.

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

Answer: A,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 # 38
The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA. How does it work?

A. The invoice needs to be created in reference to the goods receipt.
B. The purchase order needs to be created in reference to a purchase request.
C. The 3 logistical steps each generate financial documents.
D. The goods receipt needs to be created in reference to the purchase order.

Answer: D

NEW QUESTION # 39
......

Looking for top-notch Implementing and Operating SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting (C-TS4FI-2023) exam questions? You've come to the right place! DumpsKing offers a comprehensive and affordable solution for all your C-TS4FI-2023 exam needs. Our C-TS4FI-2023 Exam Questions are regularly updated, and we provide a range of attractive features to enhance your preparation, including PDF format, an online practice test engine.

C-TS4FI-2023 Exam Questions Fee: https://www.dumpsking.com/C-TS4FI-2023-testking-dumps.html