ERP preparation q's

Question 1

the customers and vendors balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry forward Receivables/Payables) manually in accounts relievable or accounts payable. Why do you NOT need to execute this program? (1)

Answer 1

because balance carryforward was performed for the LEADING ledger in the general ledger

Question 2

What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1709? (1)

Answer 2

IMPLEMENT a new currency type

Question 3

How does the near zero downtime method minimize the downtime of the productive SAP system during migration? (1)

Answer 3

A CLONE of the productive system is used

Question 4

If you use the ledger approach, which customization settings must you apply for new asset account? (2)

Answer 4

1. Assign an accounting PRINCIPLE to every depreciation area
2. DEFINE a technical clearing account for integrated asset acquisitions

Question 5

You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up? (1)

Answer 5

The new REFINEMENT for cost of goods sold postings in account-based CO-PA

Question 6

Your customer upgraded a system to SAP S/4HANA for test reasons. You receive feedback from the business department that while opening and closing posting periods, the system asks for a customizing request. What is the reason? (1)

Answer 6

The CLIENT role is set to test in the CLIENT maintenance

Question 7

Which actions will dosse a dispute case created for a short payment? (2)

Answer 7

1. Running the automatic WRITE-OFF program
2. RECEIVING a payment for the open amount

Question 8

In which sequence do you create the objects required for the SAP financial closing cockpit (1)

Answer 8

Create template, create tasks, create task lists, release task lists

Question 9

There are 8 customer- specific charts of depreciation in the client that area assigned to 22 active company codes as required. Additionally, there are 7 reference and unused. How many charts of depreciation do you migrate?

Answer 9

8

Question 10

Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and te profit center changes. Which accounts are displayed in the G/L view?

Answer 10

ORIGINAL cost account zero balance clearing account

Question 11

What happens during the migration activity Regenerate CDS Views and Field Mapping? (2)

Answer 11

1. The CUSTOMER-specific fields are included in the data migration procedure
2. The redirection of SELECT statements is generated

Question 12

Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in0house IT team that they want to upskill and keep moving forward. They want to maintain a fully customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose? (1)

Answer 12

On-premise

Question 13

The ACDOCA table has a 6 digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents? (1)

Answer 13

It creates a NEW document when there are more than 999 lines

Question 14

You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1709 system with account-based CO-PA, which prerequisites must be met? (2)

Answer 14

1. You have EXECUTED the variance calculation in CO-PC
2. You have set up ACCOUNTS for transaction key BSX and GBB in the MM account determination

Question 15

You need to create a new user-defined characteristic in account based CO-PA and must ensure that it is part of the universal journal entry. Which actions do you have to perform? (2)

Answer 15

1. GENERATE the operating concern
2. Create the USER-DEFINED characteristic and add it to the operating concern

Question 16

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? (1)

Answer 16

By MAINTAINING the offset account in the asset account determination

Question 17

A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the admin unlock this user? (1)

Answer 17

FRONT-END SAP gateway server

Question 18

Which downstream activities can be updated when you post a payment in receivables management? (2)

Answer 18

1. REDUCTION of an open dispute case amount
2. RELEASE of an order from credit hold

Question 19

You post a customer invoice from sales and distribution in SAP S/41HANA, but the system terminates the transaction. With the error message “Maximum number of these items in FI reached.” What do you need to configure in customizing in order to post this invoice successfully?

Answer 19

BSEG summarization

Question 20

What are the benefits of the new depreciation posting run in asset accounting? (2)

Answer 20

1. The POSTING run can be performed even if there are error on individual assets
2. You NO longer need to select reasons for the posting run

Question 21

In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to separate depreciation areas that posts acquisition and production cost APC and depreciation values. Which of the following limitations prevent you from making assignment? (1)

Answer 21

You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned

Question 22

Where can you find the automatic write-off program to close unpaid customer balances?

Answer 22

DISPUTE Management

Question 23

You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment?

Answer 23

Production orders

Question 24

What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? (2)

Answer 24

1. It will NOT have any valuation view assigned to the ledger
2. It UTILIZES separate amount columns in the same ledger

Question 25

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? (1)

Answer 25

Create a BP GROUPING for each customer and vendor account group

Question 26

The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L by looking at the screenshot wat can you learn about the company code and ledger configuration? 1)

Answer 26

There are NO MORE than two ledger groups defined for the company code

Question 27

Which of the following roles are delivered as business partner roles? (3)

Answer 27

1. suppliers
2. banks
3. employees

Question 28

What do you manage within cash operations of SAO Cash Management? (2)

Answer 28

1. DAILY cash position, deficits, and surpluses
2. BANK risk analysis and risk mitigation

Question 29

What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business (1)

Answer 29

Credit CONTROL area

Question 30

Your company code is configured with three depreciation areas that post in real time. The company is configured to update company code and group currency types. How many documents are posted when you post a partial scrapping for a single depreciation area? (1)

Answer 30

1

Question 31

How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? (2)

Answer 31

1. Use a BW planning cube and a preconfigured content workbook
2. Store your planned data in the ACDOCP table

Question 32

Which step is automatically performed in asset accounting when you perform the year-end balance carryforward? (1)

Answer 32

The depreciation run (program FAA_DEPRECIATION POST) for period 12 of the fiscal year is triggered

Question 33

You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is Dec 31 2017 and your asset transfer date is Feb 26 2018. Which of the following values do you need to provide during legacy asset transfer? (3)

Answer 33

1. ORDINARY depreciation values
2. ACQUISITION and production costs
3. ACCUMULATED depreciation values

Question 34

How can financial data be stored in the SAP S/4HANA system tables? (2)

Answer 34

1. There can be a line item in ACDOCA without a corresponding line item in BKPF
2. There can be a line item in ACDOCA without a corresponding line item in BSEG

Question 35

What processes do you perform as part of liquidity management? (3)

Answer 35

1. PERFORM planning
2. FORECAST balances
3. MONITOR cash flow

Question 36

After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency is only available in controlling” indicator. What might be the cause of this? (2)

Answer 36

1. THE controlling area linked to the company code was defined with currency type 20
2. Before the migration, the company code DID NOT have any PARALLEL currencies defined

Question 37

The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B extension ledger C with standard ledger A. Which ledgers are listed in the universal journal entry line items after you enter an incoming invoice? (1)

Answer 37

Standard ledger A standard ledger B

Question 38

You use document splitting and post an incoming invoice via a cost center to segment A. You then use the manual reposting 01 Costa (KB11N) transaction to repost the expense to segment B. What happens to the segment assigned to the supplier line item in the original invoice posting?

Answer 38

The open item REMAINS on segment A

Question 39

Which of the following front-end clients can you NOT use for SAP business planning and consolidation (BCP) optimized for SAP S/4HANA finance? (1)

Answer 39

SAP GUI

Question 40

You perform a direct activity allocation. Which database tables are updated? (2)

Answer 40

1. COBK
2. ACDOCA

Question 41

Cost of goods sold (COGS) split functionality is available in account based CO-PA. Which settings are necessary? (2)

Answer 41

1. COST elements must be mapped to cost components
2. The corresponding COST elements must exist in the chart of accounts

Question 42

What is one exposure from operations

Answer 42

It is a CENTRAL data storage location that integrates data from treasury and risk management, cash and liquidity management contract accounting, and financial operations.

Question 43

What possible post-migration activities for SAP S/4HANA migration projects? (2)

Answer 43

1. CALCULATE the net due date and discount due dates for open items
2. FILL offsetting accounts in financial documents

Question 44

You perform planning in SAP business planning and consolidation for SAP S/4HANA. Why do you retract the plan data from SAP business planning and consolidation for SAP S/4HANA and return it to the standard planning tables? (2)

Answer 44

1. To use STANDARD SAP GUI plan/actual reporting
2. To perform PLANNING allocation

Question 45

If a customer decides to deploy SAP S/4HANA cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? (3)

Answer 45

1. SEAMLESS adoption of the existing processes
2. FASTER initial implementation
3. AUTOMATIC updates every 3 months

Question 46

Which modules need to be updated when you migrate to SAP S/4HANA? (2)

Answer 46

1. CASH management
2. CREDIT management

Question 47

The classic asset accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new asset accounting using an accounts approach in SAP S/4HANA?

Answer 47

The extra offset account is OBSOLETE and will be replaced by the technical clearing account

Question 48

Which of the following are key benefits of SAP S/4HANA? (2)

Answer 48

1. Reduced FOOTPRINT
2. Choice of DEPLOYMENT

Question 49

You need to select the apply account assignments statistically in fixed asset account/material account checkbox in G/L account master record for an asset G/L account, but this field is currently not available. What could be the reason for this behavior? (2)

Answer 49

1. The G/L account is NOT maintained in the account determination of FIXED asset accounting
2. The G/L account is NOT maintained in the account determination for MATERIALS MANAGEMENT

Question 50

You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years ad the data posted to these company codes is no longer legally required. How do you handle these company codes?

Answer 50

Migrate all company codes of the CLIENT

Question 51

At which level do you define that a G/L account is a secondary cost account?

Answer 51

CHART of accounts

Question 52

Which functions are included in bsic cash management for SAP S/4HANA? (3)

Answer 52

1. WORKFLOW approval processing
2. ELECTRONIC bank statement processing
3. MEMO record management

Question 53

Which modules remain unchanged after the migration to SAP S/4HANA? (3)

Answer 53

1. CLASSIC profit center accounting
2. COSTING-based CO-PA
3. SPECIAL purpose ledger

Question 54

What must you do before a go live migration in the productive client can be set to complete in customizing? (2)

Answer 54

1. APPLY small-scale live postings of the day-to-day business to check the system
2. TRANSFER application indexes using data aging

Question 55

which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables? (2)

Answer 55

1. ACDOCP is an isolated table
2. ACDOCP is a table with delta mechanism

Question 56

for which account assignments? (2)

Answer 56

1. customer group
2. sales region

Question 57

what are planning level and planning group used for in SAP cash management? (2)

Answer 57

1. Planning level and planning group ARE USED in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.
2. Planning group is used to group customers and vendors to enable accurate forecast. Planning level is used to CONTROL DISPLAYS in SAP cash management and to differentiate between noted item, PO, bank account, etc.

Question 58

Your customer’s company code is assigned to a chart of depreciation with three depreciation areas that post in real time. Last year, your customer acquired an asset that was only capitalized in two of the depreciation areas this year you post an integrated asset sale to a customer for this asset. How many documents are generated during the sales process?

Answer 58

3