SAP C-TS4FI-2023 New Guide Files | C-TS4FI-2023 Latest Test Report
First and foremost, we have high class operation system so we can assure you that you can start to prepare for the C-TS4FI-2023 exam with our study materials only 5 to 10 minutes after payment. Fortunately, you need not to worry about this sort of question any more, since you can find the best solution in this website--our C-TS4FI-2023 Training Materials. With our continued investment in technology, people and facilities, the future of our company has never looked so bright. There are so many advantages of our C-TS4FI-2023 practice test and I would like to give you a brief introduction now.
| Topic |
Details |
| Topic 1 |
- 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 2 |
- 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.
|
| Topic 3 |
- General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
|
| Topic 4 |
- 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 5 |
- 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.
|
>> SAP C-TS4FI-2023 New Guide Files <<
C-TS4FI-2023 Latest Test Report & C-TS4FI-2023 New Exam Braindumps
As the authoritative provider of C-TS4FI-2023 actual exam, we always pursue high pass rate compared with our peers to gain more attention from those potential customers. We guarantee that if you follow the guidance of our C-TS4FI-2023 learning materials, you will pass the exam without a doubt and get a certificate. Our C-TS4FI-2023 Exam Practice is carefully compiled after many years of practical effort and is adaptable to the needs of the C-TS4FI-2023 exam. With high pass rate of more than 98%, you are bound to pass the C-TS4FI-2023 exam.
SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q23-Q28):
NEW QUESTION # 23
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.
- A. Approve the dunning proposal
- B. Start the dunning printout
- C. Change the dunning proposal
- D. Schedule the dunning run
- E. Maintain the parameters of the dunning program
Answer: B,D,E
Explanation:
The dunning process in SAP S/4HANA is used to remind customers about overdue payments by generating and sending dunning letters. The process involves several steps, but three of them are mandatory for executing the dunning process successfully. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Maintain the parameters of the dunning program
* Correct : Before running the dunning process, you must configure the parameters of the dunning program . These parameters include settings such as the dunning procedure, company code, customer accounts, baseline date, and other criteria that control how the dunning process is executed. Without these parameters, the system cannot generate a dunning proposal.
* Reference : According to SAP documentation, maintaining the parameters is a prerequisite for running the dunning process.
B. Start the dunning printout
* Correct : Once the dunning proposal is generated and approved (if necessary), the next mandatory step is to start the dunning printout . This step generates the physical or electronic dunning letters that are sent to customers. Without this step, the dunning process remains incomplete, as no communication is sent to the customer.
* Reference : SAP documentation confirms that starting the dunning printout is a critical step to finalize the dunning process.
E. Schedule the dunning run
* Correct : After configuring the parameters, the next mandatory step is to schedule the dunning run .
This step triggers the system to evaluate open items for customer accounts and generate a dunning proposal based on the configured parameters. Without scheduling the dunning run, no proposal or letters can be created.
* Reference : SAP documentation highlights that scheduling the dunning run is essential for executing the dunning process.
C. Approve the dunning proposal
* Incorrect : While reviewing and approving the dunning proposal is an optional step, it is not mandatory. In many cases, organizations automate the dunning process without manual intervention, skipping the approval step. Therefore, this step is not considered mandatory.
* Reference : Approving the dunning proposal is optional and depends on organizational requirements.
D. Change the dunning proposal
* Incorrect : Changing the dunning proposal is also an optional step. If the proposal meets the organization's requirements, no changes are needed. Only in cases where adjustments are required would this step be performed. Since it is not always necessary, it is not considered mandatory.
* Reference : Modifying the dunning proposal is situational and not a required step in the dunning process.
Key References to SAP Documentation:
* SAP S/4HANA Finance for Accounts Receivable : Explains the mandatory steps in the dunning process, including parameter configuration, scheduling the dunning run, and starting the dunning printout.
* SAP Help Portal - Dunning Process : Provides detailed guidance on the steps involved in the dunning process and their significance.
* Dunning Proposal and Printout : Describes how the dunning proposal is generated and how the printout is initiated.
* Customizing Dunning Parameters : Highlights the importance of configuring parameters before executing the dunning process.
NEW QUESTION # 24
You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
How do you achieve this?
- A. By removing the cost center from the asset master data
- B. By changing the corresponding error into a warning via configuration
- C. By creating a substitution in Financial Accounting line items
- D. By setting the "identical" parameter as not activated in the account assignment configuration
Answer: C
Explanation:
To post depreciation costs to a different cost center than the one specified in the asset master data during the depreciation run, you can create a substitution rule in Financial Accounting. This allows the system to override the cost center specified in the asset master record with a different cost center at the time of posting.
* Creating a Substitution Rule:
* Access the substitution configuration via transaction code GGB1.
* Define a substitution for the appropriate company code and ledger.
* Specify the conditions under which the substitution should occur. In this case, it would be when the depreciation run is posting the expense.
* Define the substitution logic to replace the original cost center with the desired cost center.
* Implementing the Substitution:
* Ensure that the substitution rule is correctly assigned and active.
* Test the substitution by running a sample depreciation posting to verify that the costs are being posted to the new cost center.
This approach provides flexibility and control over cost center assignments without needing to alter the master data directly, ensuring accurate and intentional financial postings.
References:
* Business Processes in Management Accounting in SAP S/4HANA .
* SAP S/4HANA Configuration Document.
NEW QUESTION # 25
You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?
- A. Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.
- B. Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.
- C. Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
- D. Posting is done in FI-AA and in FI-GL online and in real time.
Answer: D
Explanation:
When an unplanned depreciation is posted to an asset in SAP S/4HANA, the system immediately updates both the Asset Accounting (FI-AA) and the General Ledger (FI-GL) in real time. This ensures that the financial statements reflect the most accurate and up-to-date information without waiting for any periodic posting programs.
* FI-AA Posting:
* The unplanned depreciation is recorded in the asset sub-ledger, reducing the asset's book value.
The asset master data is updated with the new depreciation values.
* Transaction Code: ABAA for unplanned depreciation.
* FI-GL Posting:
* The corresponding FI-GL accounts are also updated immediately. This includes posting the depreciation expense and adjusting the accumulated depreciation account.
* Real-time integration between FI-AA and FI-GL ensures that both ledgers are synchronized, providing a consistent view of the financial data.
ReferencesSAP S/4HANA Finance Documentation and Configuration Guides.
NEW QUESTION # 26
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?
- A. Balance request
- B. Balance notification
- C. Account statement
- D. Balance confirmation
Answer: B
Explanation:
In SAP S/4HANA, supplier balance confirmation is a pre-closing activity used to verify the accuracy of open items or balances with suppliers. Different procedures are available depending on the type of response expected from the supplier. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
B. Balance notification
* Correct : The balance notification procedure is used when a response is expected only in case of discrepancies. In this process, the system sends a notification to the supplier with their outstanding balance or open items. If the supplier agrees with the balance, no response is required. However, if there are discrepancies, the supplier is expected to respond and highlight the differences.
* Reference : According to SAP documentation, balance notifications are designed for scenarios where responses are needed only for disputed amounts, making it an efficient method for confirming balances.
A. Account statement
* Incorrect : An account statement provides a detailed overview of all transactions and open items for a supplier account over a specific period. While it can be used for reconciliation purposes, it does not specifically cater to scenarios where a response is expected only in case of discrepancies. Account statements are typically sent for informational purposes rather than confirmation.
* Reference : Account statements are more comprehensive and do not focus on selective responses for discrepancies.
C. Balance request
* Incorrect : A balance request is a formal request sent to the supplier asking them to confirm their balance. This procedure expects a response from the supplier regardless of whether there are discrepancies or not. It does not align with the requirement of receiving a response only in case of discrepancies.
* Reference : Balance requests require explicit confirmation from the supplier, even if there are no issues with the balance.
D. Balance confirmation
* Incorrect : Balance confirmation is a general term that refers to the process of verifying supplier balances. However, it does not specify the procedure where a response is expected only in case of discrepancies. This option is too broad and does not directly address the requirement.
* Reference : Balance confirmation encompasses various methods, but it does not inherently imply selective responses for discrepancies.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Accounts Payable : Explains the different procedures for supplier balance confirmation, including balance notifications and balance requests.
* SAP Help Portal - Supplier Balance Confirmation : Provides detailed guidance on configuring and executing balance notifications, emphasizing their use for selective responses.
* Pre-Closing Activities in Financial Accounting : Highlights the importance of supplier balance confirmation as part of the financial closing process.
* Reconciliation and Confirmation Procedures : Describes the differences between account statements, balance notifications, and balance requests.
NEW QUESTION # 27
You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number.
After reversing the document, what do you need to change when reposting the document?
- A. Document number
- B. Posting key
- C. Document type
- D. Assignment
Answer: C
NEW QUESTION # 28
......
Our C-TS4FI-2023 learning materials can be applied to different groups of people. Whether you are trying this exam for the first time or have experience, our learning materials are a good choice for you. Whether you are a student or an employee, our C-TS4FI-2023 learning materials can meet your needs. This is due to the fact that our learning materials are very user-friendly and express complex information in easy-to-understand language. You do not need to worry about the complexity of learning materials. We assure you that once you choose our C-TS4FI-2023 Learning Materials, your learning process is very easy.
C-TS4FI-2023 Latest Test Report: https://www.actual4exams.com/C-TS4FI-2023-valid-dump.html
Intro price. Get Histudy for Big Sale -95% off. 
