0% found this document useful (0 votes)
51 views22 pages

C Ts4fi 2020

EXAM SAP
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
51 views22 pages

C Ts4fi 2020

EXAM SAP
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
You are on page 1/ 22

1.

Accounts Payable and Accounts Receivable What dunning -related data do you maintain
on the business partner master record? (3 correct answers) Dunning Key Dunning block
Dunning area Dunning interval Dunning procedure. TS4F01_2 [The following are the key
fields for dunning at client and company code level in a customer or vendor master
record:]

2. Asset Accounting "Which of the following are valid settlement receivers when you perform
settlement for an asset under construction on a line Item basis? Note: There are 2 correct
answers to this question." Cost center Fixed asset Functional area Profit center.
TS4F02_1 [When you capitalize the AuC,]

3. Accounts Payable & Accounts Receivable Which parameter indicates that a line item can
only be dunned with restrictions? Dunning area Dunning block reason Group key Dunning
key. F01_2 [The dunning key indicates]

4. Accounts Payable and Accounts Receivable You want to edit a dunning proposal. Which
actions can you perform to edit a dunning proposal? (3 correct answers) Lower the
dunning level of an item Change a document Block a line item Raise the dunning level of
an account Block an account. F01_2 [The clerk can perform the following actions]

5. Asset Accounting How do you identify an asset master record as an asset under
construction? The ordinary depreciation start date is empty The asset belongs to a specific
asset class The asset capitalization date is empty The depreciation key is empty. S4F17
[AuC require a separate asset class and] [Display Asset Class 4000]

6. General Ledger Accounting "You want to configure the tax calculation procedures. What
are the main elements you need to define? Note: There are 3 correct answers to this
question" Account key Tax category Condition type Tax code Sequence of steps. F01_1
[The tax calculation procedure contains the following elements]

7. Asset Accounting "You are asked to explain how assets under construction work in SAP S/4
HANA What should you highlight? Note: There are 2 correct answers to this question." It is
possible to calculate and post depreciation in the balance sheet depreciation area for
assets under construction It is possible to post credit memos, even after assets under
construction are fully capitalized It is possible to post special tax depreciation and
investment support for assets under construction It is impossible to use assets under
construction with Investment Management. TS4F02_1 [AuC specifics are as follows]

8. Overview and Deployment of SAP S/4HANA "What are key reasons for preferring a new
implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note:
There are 2 correct answers to this question" You want to clean up your system and use
SAP Best Practices You want to deploy SAP S/4HANA Cloud You want to integrate the
system into SAP Cloud Platform You want to use document splitting for the General
Ledger. TS4F01_1 [SAP S/4HANA's simplified data model and modern user experience are]
TS4F01_1 [Common implementation practices in this context defines settings that are
commonly made for new implementation (greenfield) of a S/4HANA system for an
international corporation. Depending on the industry, the size, or the corporate form,
many topics may not be relevant. For example a public company might only use local
GAAP, or a hospital needs no preparation for consolidation.]

9. Accounts Payable & Accounts Receivable "Which parameters can you specify directly
when you create a new correspondence type? Note: There are 3 correct answers to this
question."
Account required
Company code required
Reason code required
Number of date fields required
Document number required.
TS4F01_2 [Correspondence Type Information
Required information
 Account number
 Document number
Whether or not additional text can be added to the form
If the correspondence can be used across company codes
 Establish intercompany relationship with the correspondence company code
The number of date fields require]

10. Accounts Payable & Accounts Receivable "Which fields of a financial accounting document
influence the automatic payment program? Note: There are 3 correct answers to this
question." Baseline date Payment transaction Payment method Terms of payment
Payment type. TS4F01_2 [The following are various fields in a financial accounting
document that influence the automatic payment program]
11. Accounts Payable & Accounts Receivable "You want to configure the default baseline date
for the payment terms of an incoming invoice. From which date can you derive the
baseline date? Note: There are 3 correct answers to this question." Posting date Entry
date Document date Goods receipt date Value date.
TS4F01_1 [The baseline date can either be proposed or entered manually. The following
default values can be applied to the baseline date: posting date, document date, and
entry date]

12. Accounts Payable & Accounts Receivable "In your system, you currently perform manual
outgoing payments and you want to use the automatic payment program. Which settings
must you maintain as part of the configuration of the automatic payment program? Note:
There are 2 correct answers to this question." Paying company code Bank determination
Payment blocks Payment terms.
TS4F01_2 [Figure 18: Configure Payment Program]
13. Asset Accounting "Which elements define the integration of asset acquisitions with the
general ledger? Note: There are 2 correct answers to this question." Depreciation keys
Valuation area Asset class Depreciation area.
TS4F02_1 [The system determines the start date for ordinary depreciation using the asset
value date of the acquisition posting with the period control method. The period control
method is maintained in the depreciation key. The system stores the depreciation start
date in the depreciation areas of the asset master record. When you post the acquisition
integrated with AP, the system automatically enters the vendor in the Origin tab page of
the asset master record.]
TS4F02_1 [The asset value date is the actual date on which the asset is activated. The
asset value date, along with the depreciation key, determines the depreciation start date
for each depreciation area]

14. "Organizational Assignments and Process Integration " "What does the document type
control? Note: There are 2 correct answers to this question."
Which account types are allowed for postings
Whether negative postings are permitted
Which posting keys are allowed for postings
Whether text is required on line item level.
TS4F01_1 [Document types define the following elements:]

15. Accounts Payable & Accounts Receivable "In customizing, at which levels can you assign
the print program to the correspondence type? Note: There are 2 correct answers to this
question." At company code level At client level At system level At business partner level.
TS4F01_1 [To combine data from different company codes in one letter, select the Cross
Company checkbox in the correspondence type and assign the company codes to
correspondence company codes in Customizing.]
TS4F01_1 [You can specify the default correspondence type for your business partner
where payment differences exist for different tolerance groups]

16. "Organizational Assignments and Process Integration " "You define custom currency type
Z1 for your company code. Which currency types must be stored in the Data Entry view?
Note: There are 2 correct answers to this question." Document currency Hard currency
Custom currency type Z1 Company code currency.
TS4F01_1 [Every company code uses at least one currency, the Company Code Currency
(10). This currency is the 1st FI currency. It is possible to have a 2nd and 3rd currency type
(parallel currencies) in FI for additional purposes like reporting a hard currency. These
three currencies are stored in addition to the document currency in the external view
(Data Entry View).]
[You select which of any of these currency types are to be updated (in addition to 00 and
10, which are defaulted). If you need to record a currency type different to the ones
offered in the standard system, you can configure your own currency types.]
17. Financial Closing What is the purpose of period interval 3 when you define open and
closed periods? posting to special purpose ledger Posting to special periods Posting to the
extension ledger Posting from CO to FI.
TS4F01_1 [In SAP S/4HANA, period interval 3 is used for postings from Controlling (CO) to
Financial Accounting (FI). If the third interval is not filled, the entries in intervals 1 and 2
are also valid for these postings.]
TS4F01_1 [The four special periods could consist of the following: period 13 =
accrual/deferral postings, period 14 = audit postings, period 15 = general meeting of
shareholders, and period 16 = adjustment postings.]

18. Asset Accounting "You are responsible for implementing Asset Accounting. You are
provided with the legacy data of various assets and their grouping information based on
classifications, useful life, and depreciation terms. What configuration step would you
initiate to maintain these categories in SAP S/4HANA?"
Define depreciation areas for each category of legacy asset
Configure depreciation keys and calculation keys
Define asset classes and maintain their attributes
Define a depreciation area to transfer all the legacy data.
TS4F02_1 [Data transfer from a legacy system is the first activity you perform in a new
production system after configuration and asset classification. You can transfer asset data
automatically]
TS4F02_1 [ClassFigure 15: Asset Class – Main Classification Criterion]

19. General Ledger Accounting "What items are NOT cleared by the automatic clearing
program? Note: There are 3 correct answers to this question." Items with withholding tax
Items with value-added tax Noted items Statistical postings Items with sales and use tax.
TS4F01_1 [The automatic clearing program does not clear the following items:]

20. General Ledger Accounting "What do you need to do to configure a new exchange rate
type in SAP S/4HANA? Note: There are 2 correct answers to this question."
Specify the company code currency as the base currency
Specify a purpose for the exchange rate type
Set up the relationship between currencies using translation ratios
Maintain exchange rates daily.
TS4F01_1 [You can define different exchange rate types for different purposes, such as
valuation, conversion, translation, and planning. You can then maintain the exchange rate
for a currency type and a combination of two currencies.]
TS4F01_1 [The relationship between currencies must be maintained per exchange rate
type and currency pair using translation ratios. This activity usually has to be performed
only once. Since inflation can deeply influence the relationships between currencies,
translation ratios are maintained on a time period basis.]

21. "Organizational Assignments and Process Integration " "You are running an international
business and you want to separate legal entities to run operations and perform accounting
activities. Which organizational unit do you need to create for each legal entity?" Company
Consolidation Unit Company Code Business Area.
TS4F01_1 [In an international business, operations are spread across different countries.
The governments and tax authorities of each country require that these activities should
be represented by a separate legal entity. In such a situation, a separate company code is
created for each country]

22. General Ledger Accounting "How does SAP S/4HANA support the treatment of taxes?
Note: There are 3 correct answers to this question."
It checks the tax amount entered and automatically calculates the tax.
It adjusts the tax codes and automatically updated the procedure.
It posts the tax amount to tax accounts.
It checks the tax codes and automatically updates the tax rates based on changes by the
tax authorities.
It perform tax adjustments for cash discounts and other forms of deductions.
TS4F01_1 [The system supports the treatment of taxes through the following actions]

23. Financial Closing "Your SAP S/4HANA system is integrated with controlling. You perform
cost-of-sales accounting and you report your profit and loss per profit center. When
posting a supplier invoice to a primary account, which field is mandatory by standard
procedures?"
Profitability segment
Business Area
Segment
Functional Area.
TS4F02_2 [Cost of sales accounting is part of the Universal Journal (ACDOCA). The
functional area is filled by:]

24. General Ledger Accounting For which account can you perform account clearing in SAP
S/4HANA?
For any account that is assigned to a financial statement version
For any G/L account defined as reconciliation account
For any balance sheet account managed on a line item basis
For any account that is managed on an open item basis.
TS4F01_1 [The clear account function can be used on any account managed on an open
item basis in the general ledger and the subledgers.]

25. General Ledger Accounting "What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this question."
It represents separate areas of operation within an organization.
It can be assigned to a company code.
It is responsible for costs and revenues within an organization.
It is considered for consolidation.
TS4F01_1 [FI records are consolidated at the level of the company. One or more company
codes, which are then taken into account for consolidation, can be assigned to a
company.]

26. "Organizational Assignments and Process Integration " "You need to post customer
invoices via interface from a non-SAP system. You want to define a new document type
with a specific document number range that matches the document numbers of the
source system. How do you define the document number range?"
You can use internal or external number assignment.
You can use internal or external number assignment, but it has to be continuous.
You must use internal number assignment.
You must use external number assignment.
TS4F01_1 [External number assignment
In this type of numbering, the user enters the number of the original document manually
or the number is transferred from another system automatically]

27. General Ledger Accounting "A general ledger account has a foreign currency setting of
CAD. The company code currency is USD. The controlling area currency is EUR. Which
currencies can you post to this account?"
You can post to the account in any currency and it will be converted into CAD.
You can only post to the account in CAD and USD.
You can only post to the account in CAD, USD, and EUR.
You can only post to the account in CAD.
TS4F01_1 [When you set accounts with a foreign currency, the account can only be posted
to in the currency specified]

28. Financial Closing After you collected data in the Intercompany Reconciliation tool, what
are the next steps of the reconciliation process?
1. Present reconciled and non-reconciled data 2. Post the correction documents 3. Store the data 4. Communicate difference
1. Store the data 2. Present reconciled and non-reconciled data 3. Communicate difference 4. Post the correction documents
1. Post the correction documents 2. Store the data 3. Present reconciled and non-reconciled data 4. Communicate difference
1. Store the data 2. Present reconciled and non-reconciled data 3. Post the correction documents 4. Communicate
difference.
TS4F02_2 [Figure 113: Process Overview]
1. Collect Data = Collect Data Uploaded = 1. Store the data
2. Match Documents = Read Data Base, Applies Matching rule, Grouping Under a Matching Assignment Number = 2. Present
reconciled and non-reconciled data
3. Solve Discrepancy = Solving data discrepancy including automatic postings = 3. Post the correction documents
4. Check Reconcilliation Balances = Communicate = 4. Comunicate
29. Accounts Payable & Accounts Receivable "Which documents are needed to complete the
3-way match in procurement transactions? Note: There are 3 correct answers to this
question" Purchase Requisition Invoice Receipt Down payment request Goodes Receipt
Purchase Order.
TS4F02_2 [The three-step reconciliation procedure involves the following steps:]
30. Accounts Payable & Accounts Receivable For which special G/L indicator do you specify a
target special G/L indicator? Vendor down payment request Bill of exchange Guarantee
given Customer down payment.
TS4F01_2 [Target special G/L indicator
This entry is only relevant for noted items. For noted items, you can set which special G/L
indicators can be added as target special G/L indicators when you enter (apply) a payment
request. The target special general G/L indicator is used in the standard system for down
payment requests]
[Down payment requests are made in SD as part of a billing plan.]

31. Asset Accounting "How do you configure depreciation areas in SAP S/4 HANA? Note: There
are 2 correct answers to this question."
Ensure all depreciation areas always post to the general ledger
Assign each accounting principle to a depreciation area
Ensure a ledger group is assigned to each accounting principle
Assign depreciation area 01 to the leading ledger.
TS4F02_1 [Depreciation area 01 does not necessarily have to be assigned to the leading
ledger 0L]
TS4F02_1 [All depreciation areas representing the same accounting principle will be
assigned to the same accounting principle (and ledger group).
You have to assign an accounting principle to each depreciation area, even to non-posting
depreciation areas or to delta depreciation areas that are only for reporting (the
accounting principle is not allowed to be initial (blank).) You can assign the same
accounting principle to several depreciation areas, as long as the areas represent the same
valuation.]
TS4F02_1 [You can also define depreciation areas for reporting purposes only. When you
use this approach, the depreciation area does not post any values to the G/L.]
TS4F02_1 [Depreciation area 01 does not necessarily have to be assigned to the leading
ledger 0L]

32. Financial Closing "You post a purchase order For which expenses does the system calculate
accruals? Note: There are 2 correct answers to this question" Insurance premiums
Consulting services Fixed Asset purchases Raw material purchases.
TS4F02_2 [Purchasing of consumable material or service – without goods receipts
Insurance pre
TS4F02_2 [Purchasing of consumable material or service – with non-valuated goods
receipts
TS4F02_2 [Purchasing of consumable material – with valuated goods receipt postings
TS4F02_2 [Purchasing of service – with service entry sheet postings] Consulting services
TS4F02_2 [Your company purchased an insurance policy that costs 6000 EUR (0% VAT) per
year. The premium was paid in full in January, providing insurance for the following 12
months.
In this course, ## is used as a placeholder. When you see ## in a step, replace it with your
group number] = Insurance premium
TS4F02_2 [Enter Insurance premium GR## as text]

33. Accounts Payable & Accounts Receivable "Which of the following steps do you typically
perform during a payment run with the automatic payment program? Note: There are 2
correct answers to this question"
Maintain open item selection parameters
Review the payment proposal exception list
Rank bank accounts for payment
Define maximum amounts to be paid per supplier.
TS4F01_2 [1.Maintain the payment run parameters
This step answers the following questions
●Which open items will be selected to be evaluated for payment?
●Which payment method will be used?
●When will the payment be made?
●Which company codes need to be considered?
●When is the next payment run scheduled?
TS4F01_2 [3.Revise the payment proposal
You can further analyze the proposal to view the details of any proposed payment, change
the payment terms, or add a payment block.]
TS4F01_2 [4.The system generates the proposal and exception lists, which can be
exported or reviewed online]

34. "Organizational Assignments and Process Integration " Which of the following statements
best describes how customer down payments are integrated with Sales & Distribution
(SD)?
A down payment request is created as an FI noted item, which automatically generates as
an SD sales order.
A down payment request is created as an FI noted item, which automatically generates as
an SD billing document.
A down payment request is created as an SD billing document, which is automatically
posted in FI as a noted item.
A down payment request is created as an SD sales order, which is automatically posted in
FI as a noted item.
TSF01_2 [ When you store a down payment in a sales order, a down payment request is
sent to the customer for the payment due date. The down payment request (Sales) is also
automatically posted in FI as a noted item, using special G/L indicator F.]

35. Accounts Payable & Accounts Receivable Which field can you change on a posted invoice?
Baseline date Tax code Special G/L indicator Statistical internal order.
TS4F01_1 [Users can change documents that they have already posted. However, based
on different rules, users may only be able to change certain fields] Baseline date es
possible modificar siempre y cuando no se haya compensado.
TS4F01_1 [The amount, posting key, account, or any other fields that affect the
reconciliation of a posting cannot be changed]

36. Asset Accounting "You are configuring asset-related postings of depreciation areas in Asset
Accounting for a company code that uses the ledger approach to parallel valuation Which
of the following settings would lead to an error?"
Area does not post
Area posts depreciation only
Area posts in real time
Area posts APC immediately, depreciation periodically.
TS4F02_1 [Figure 86: Example Chart of Depreciation Ledger Approach] No Post y
Depreciation Only
TS4F02_1 [For each valuation, there is always just one depreciation area that posts to the
general ledger in real time and manages APC. For this leading depreciation area, choose
the posting option Area Posts in Realtime. This applies both for the leading valuation and
for all parallel valuations. You can choose which of these depreciation areas, which post to
the general ledger, posts to the leading ledger.]
TS4F02_1 [When using the accounts approach or Ledger approach, you have the following
options:
●(0) Area does not post any values to FI.
●(1) Area posts asset values to FI online in real-time – depreciation periodically.
●(3) Area posts depreciation only.
●(4) Area posts APC immediately, depreciation periodically]

37. Accounts Payable & Accounts Receivable "Which of the following statemens best describe
a noted item? Note: There are 2 correct answers to this question"
It has an automatic statistical offsetting entry
It can be accessed by the payment program
It can be used to remind the user about due payments
It updates the subledger and the general ledger.
TS4F01_2 [The noted items are used to remind the user about the following:
Due payments]
TS4F01_2 [The payment program and the dunning program can access noted items for
further processing.]

38. "Organizational Assignments and Process Integration " "Which of the following statements
are valid for financial document number ranges? Note: There are 3 correct answers to this
question"
The same financial document number range can be assigned to several document types
Financial document number ranges must be defined for the year in which they are used
Financial document number ranges are defined at company code level
All financial document number ranges can contain numbers and/or letters
Financial document number ranges defined at client level should NOT overlap.
TS4F01_1 [One number range can be assigned to several document types]
TS4F01_1 [Since document types are defined at the client level, they are valid for all
company codes]
TS4F01_1 [The numbering can be alphanumeric]
TS4F01_1 [The document number range must be defined for the year in which it is used]
TS4F01_1 [The document number range defines the range of numbers that is assigned to
document numbers. These number ranges must not overlap]

39. Overview and Deployment of SAP S/4HANA "You are a group cash manager interested in
the North American business market. What are the personalization options available to
you in SAP Fiori? Note: There are 2 correct answers to this question"
You can create a tile to take you directly to the cash position of the North American
business market
You can adapt the launchpad color theme according to predefined values for the cash
report
You can create a tile group with all the apps required for you daily business for easy access
You can manage user access to relevant apps for the North American accounts payable
group that reports to you.
TS401_1 [For example, if the user is a group cash manager who is interested in the
German market, the user can create an application to take them directly to the cash
position of the German market. They can arrive at the cash position directly with one click
from the SAP Fiori launchpad home page]
TS01_1 [The users access those applications that are specific to their role within the
company.]

40. Accounts Payable & Accounts Receivable "On which levels can you maintain field status
controls for business partners (BP)? Note: There are 2 correct ansers to this question" BP
category BP type Company Code BP role.
TS4F01_1 [Show and explain the four field status settings in SAP Business Partner. (Explain
that the settings for suppliers work in the same way).
1. Client
2. BP Role
3. Activity
4. Business Partner Type]

41. Financial Closing "You forget to add a new general ledger account to the financial
statement version. What impact does this have on the net profit and net loss?"
The balance of the new account is added to the non-assigned section and is included in
the calculation
The balance of the new account is added to the notes in the financial statement item
section and is included in the calculation
The balance of the new account is added to the notes in the financial statement item
section and is excluded from the calculation
The balance of the new account is added to the non-assigned section and is excluded from
the calculation.
TS4F02_2 [the report lists the accounts that were not assigned to an item in the financial
statement version under the Nonassigned Accounts item.]
TS4F02_2 [The net profit or net loss is only determined from accounts that are assigned to
the assets and liabilities items. Accounts belonging to the notes to financial statement
item or to the nonassigned accounts item are not included when determining the net
profit or net loss. They are also not included in the profit and loss result.]

42. Financial Closing "To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question"
Define the person responsible for tasks
Release the task list
Create a template
Create task groups
Define task dependencies.
TS4F02_2 [Additional details for the Financial Closing Cockpit (FCC) procedure are as
follows:
1.Create a template
2.Create task groups
3.Create tasks
4.Define dependencies
5.Create a task list
6.Release the task list]

43. Financial Closing What is the order of configuration within SAP Financial Closing Cockpit?
Create template, create tasks, define depedencies, create task list, release task list
Define dependencies, create template, create tasks, create task list, release task list
Create template, create task list, create tasks, define dependencies, release task list
Create task list, release task list, define dependencies, create template, create tasks.
TS4F02_2 [Additional details for the Financial Closing Cockpit (FCC) procedure are as
follows:
1.Create a template
2.Create task groups
3.Create tasks
4.Define dependencies
5.Create a task list
6.Release the task list]

44. General Ledger Accounting At what level is the bank master data stores in SAP S/4 HANA?
At the system level At the financial management (FM) area level At the company code
level At the client level.
TS4F01_2 [Correct. Bank master records are created at the client level and can be assigned
in all customer and vendor master records (BP).]

45. Financial Closing "You perform foreign currency valuation for open items of your supplier
accounts. The valuations will be used only for period end reporting and should then be
reversed. What account does the system use to post the valuation differences?"
Adjustment G/L account for foreign currency Alternative reconciliation G/L account
Supplier reconciliation G/L account Individual supplier accounts with special G/L indicator.
TS4F02_2 [ItemsFigure 38: Foreign Currency Valuation of Open Items] En la gráfica
aparece la cuenta

46. General Ledger Accounting How does the system perform the normal reversal of a journal
entry?
It creates an inverse posting by decreasing the transaction figures
It creates an inverse posting by increasing the transaction figures
It creates the inverse posting of a cleared document before resetting it
It creates an inverse posting by resetting the transaction figures.
TS4F01_1 [Normal reversal posting executes an inverse posting by increasing the
transaction figures. Negative posting, on the other hand, performs an inverse posting by
resetting the transaction figures.]
47. General Ledger Accounting "When is it possible to set the open item management
indicator in a general ledger account? Note: There are 2 correct answers to this question"
When an account has a zero balance
When an account is set up as a secondary cost element
When an account is set up as balance sheet account
When an account is set up as a reconciliation account.
TS4F01_1 [You can activate or deactivate open item management only when the account
has a zero balance.]
TS4F01_1 [Use open item management for the following accounts:
●Bank clearing accounts
●Clearing accounts for a goods receipt or an invoice receipt
●Salary clearing accounts]
[You can define the following types of clearing accounts:
●General ledger account
●Customer accounts
●Vendor accounts]
[The clear account function can be used on any account managed on an open item basis in
the general ledger and the subledgers.]
[If the indicator Open Item Management is set in the master record for a general ledger
account, the items belonging to this account are either open items or cleared items.]

48. General Ledger Accounting "You have been asked to set up house banks as part of the
implementation. What information do you need? Note: There are 3 correct answers to this
question" Bank Control Key Bank Master Data Payment method General ledger account
Company code.
TS4F01_2 [BankFigure 7: House Bank Data]
TS4F01_2 [House banks contain the following information]

49. Financial Closing "What are the features of the Accrual Engine in SAP S/4HANA? Note:
There are 2 correct answers to this question"
Accrual postings with a maximum of two line items are supported
All currencies of the general ledger are supported
All accrual calculations must be reviewed and approved before posting
The fiscal year variant of the general ledger is supported.
TS4F02_2 [●It is fully integrated into the General Ledger:
-All currencies of General Ledger are supported.
-The Accrual Engine postings are stored only as line items of the universal journal
entry, in table ACDOCA.
-The fiscal year variant of the G/L ledgers is supported.
-Standard FI reversal, e.g. using transaction FB08 or F.80 is supported.
●It enables complex postings, more than two line items are possible by customer-defined
of posting schemas.]

50. Asset Accounting "You are starting the fiscal year-end process in Asset Accounting in SAP
S/4 HANA. What are the year-end closing program checks for Asset Accounting? Note:
There are 2 correct answers to this question"
Depreciation is posted in full for all assets
The fixed asset fiscal year change is complete
Posting periods are closed for asset G/L accounts
Asset master data is complete and without errors.
TS4F02_1 [Figure 81: Year-End Closing in FI-AA] Depreciation fully posted? Any errors for
any assets?
TS4F02_1 [If the program does not find any errors, it updates the last closed fiscal year for
each depreciation area. The year-end closing program also blocks postings from the asset
area to all closed fiscal years.]

51. "Organizational Assignments and Process Integration " What is the recommended
organizational unit for cost of sales accounting? Controlling area Profitability Segment
Functional Area Profit center.
TS4F02_2 [Cost of sales accounting requires the use of organizational units called
functional areas to divide costs posted to the same expense account to separate report
items. As illustrated above, this allows you to present the same type of expense in
different sections of your report (such as personnel expenses associated with production
are included in Gross results while personnel costs incurred for other purposes would be
included in the Total overhead expenses section).]
52. General Ledger Accounting "Which prerequisites must be fulfilled to allow fot negative
posting of journal entry? Note: There are 2 correct answers to this question"
The company code must allow negative postings.
The posting key must allow nagative postings.
The reversal reason must be configured to allow nagative postings.
The reversal acccount must be configured to allow nagative postings.
TS4F01_1[To enable negative postings, the following prerequisites must be fulfilled:
●The company code must permit negative postings.
●The reversal reason must be configured to allow negative postings]

53. "Organizational Assignments and Process Integration " "In your SAP S/4HANA system, you
want to archive the G/L account that are not used by the business in any company code.
What are prerequisites to archiving all data of a G/L account? Note: There are 3 correct
answers to this question"
Set the deletion flag in the company code data of the G/L account.
There are no transaction figures for the account.
Set the deletion flag in the chart of accounts data of the G/L account.
The blocked for posting indicator is set fot the G/L account.
Transaction figured are older than a customizable amount of years.
TS4F01_2 [DataFigure 151: Archiving FI Master Data]

54. Overview and Deployment of SAP S/4HANA "What are some of the benefits of the data
handing in SAP S/4HANA? Note: There are 2 correct answers to this question."
The data is summarized into higher levels of aggregated to help system performance.
The data is constantly auto archived to optimize memory usage.
The data is available in real time at line item detail.
The data is aggregated on the fly from any line item table.
TS4F01_1 [Multi-core processors enable parallelism of tasks, which means more
throughput of data and faster processing to give us real-time responses.]
TS4F01_1 [Advances in the design of on-board cache means that data can pass between
memory and CPU cores rapidly. In the past, even with large memory, this was a
bottleneck, as CPUs were demanding more data and the journey from memory to CPU was
not optimal.]
[The in-memory technology of SAP HANA follows a different approach: data is stored in
columns, rendering indexes and aggregates superfluous] superfluo quiere decir que no
hace falta.

55. "Organizational Assignments and Process Integration " "You want to define a validation for
the combination of general ledger account and cost center. For which call-up point do you
define this validation?"
Cost of sales accounting
Complete document
Document header
Document line.
TS4F01_2 [In the figure, Accounting Document for Callup Point 2 – Line Item, callup point 2
for the validation of line item fields has been provided for an FI-G/L or an FI-SL direct
entry. For example, Account/Cost Center can be a combination of fields for validation at
call up point 2.]

56. Overview and Deployment of SAP S/4HANA "What are some features of SAP HANA? Note:
There are 2 correct answers to this question."
SAP HANA is optimized to work with aggregates and index tables.
SAP HANA allows transactional and analytical processing from the same tables.
SAP HANA is built on a hierarchical data model architecture.
SAP HANA is optimized to organize data using column stores.

SAPTEC [SAP Best Practices for SAP S/4HANA are ready-to-run OLTP and OLAP processes
optimized for SAP S/4HANA.]
SAPTEC [Large memory enables us to fit an entire organization's database in memory so
that we lose the mechanical spinning disk and the latency it brings.]
The in-memory technology of SAP HANA follows a different approach: data is stored in
columns, rendering indexes and aggregates superfluous.]

57. General Ledger Accounting "Which statements best describe a profit center? Note: There
are 2 correct answers to this question."
It is an object for which separate balance sheet and P&L statements can be created,
independently from segments being maintain or not.
It is the only object from which segments can be unifornly derived.
It is the only object that can be unifromly derived using segments.
It is an object for which separate balance sheet and P&L statements can be created only
when used in conjunction with segment.
TS4F01_01 [As mentioned in SAP Note 1035140, the following principles apply to
segments:
●The use of segments is only officially approved by SAP if they are used simultaneously
with profit centers.
●Segments can only be derived automatically using profit centers.
●In many business cases, particularly in logistics, you cannot enter segments manually.
●Various standard interfaces do not support segments.]
1_1 [You can save a segment in the master data of a profit center. When you post to a
profit center, the segment is posted automatically. Segment posting does not take place if
a profit center does not have a segment. It is standard practice to derive the segment
from a profit center. Customers can develop additional solutions or derivations.]
[Correct. The profit center is the best object from which segments can be uniformly
derived.]

58. Accounts Payable & Accounts Receivable "What you can control with the reason code in
Accounts Receivable? Note: There are 3 correct answers to this question."
The account where a residual item is posted.
The type of payment notice sent to customer.
The special G/L indicator for the down payment
The exclusing of disputed residual items from credit limit checks.
The document type of the payment.
TS4F01_1 [Reason codes also have the following additional optional functions:
●Control of the type of payment notice sent to a customer
●Control of the account where a residual item is posted
●Automatic posting of a residual item to a specified G/L account
●Exclusion of disputed residual items from credit limit checks]

59. Accounts Payable & Accounts Receivable How does the system determine the
correspondence type of a payment notice?
According to the tolerance group, as long as all the tolerance groups carry the same
correspondence type.
According to the reason code, as long as all the reason code carry the same
correspondence type.
According to the tolerance group, as long as all the reason code carry the same
correspondence type.
According to the reason code, as long as all the tolerance groups carry the same
correspondence type.
TS4F01_2 [A payment notice is created only according to the reason code as long as all of
the reason codes carry the same correspondence type. ]

60. Asset Accounting What is the difference between the ledger approach and the accounts
approach to parallel caluation in Asset Accounting? Note: There are 1 correct answers to
this question.

In the ledger approach, you assign a ledger group to every depreciation area, unlike the
account approach.

In the leger approach, you maintain additional depreciation areas to post the delta
valuation of each accouting principle, unlike the accounts approach.

In the accounts approach, you assign a separate set of accounts for each accounting
principle, unlike the ledger approach.

In the accounts approach, you define a technical clearing account for integrated asset
acquisitions, unlike the ledger approach.

TS4F02_1 [You represent different valuations on different accounts within the same
general ledger. This means that you have to create the same set of accounts again for
each parallel valuation.]
61. "Organizational Assignments and Process Integration " "You assign currency type 40 to
your company code in ledger 0L. Which source currency types can you select? Note: There
are 2 correct answer to this question." Company code currency Document currency Group
currency Controlling area.
TS4F01_1 [The standard Currency Types offered by the system are the following]
TS4F01_1 [In Financial Accounting, you have to specify at least one currency for the
ledgers to be managed. As you need to cover local legal reporting requirements, this
currency is the national currency of the company code, that is, the local currency (or
company code currency). In addition, the system always records the value for the
document currency, thus, no matter the currency you post with, the value posted for the
currency is recorded exactly. In addition to the company code currency, you can assign
many other currency types to a ledger for a company code since in SAP S/4HANA 1610,
the Universal Journal supports the recording of many additional parallel currencies.]
TS4F01_1 [Every company code uses at least one currency, the Company Code Currency
(10). This currency is the 1st FI currency. It is possible to have a 2nd and 3rd currency type
(parallel currencies) in FI for additional purposes like reporting a hard currency. These
three currencies are stored in addition to the document currency in the external view
(Data Entry View).
The Controlling area uses a separate currency type and currency. This currency may differ
from the Company Code Currency. The recommended currency type for the controlling
area is 30 (Group Currency).
Both currency types (company code and controlling area) are updated in all SAP
S/4HANA solutions for all documents in the Universal Journal. Company codes use
different currencies for different countries or as defined in the Articles of Association.
Therefore, there is a group-wide uniform group currency]

62. General Ledger Accounting "Besides using the profit center, which options does General
Ledger Accounting with document splitting provide to assign a segment to the posting
line? Note: there are 2 correct answers to this question."
Definition of validation rules
Standard account assignment using constants
Assignment of default segments to G/L accounts
Badi implementation (FAGL_DERIVE_SEGMENT).
[General Ledger Accounting with document splitting provides the following options:
●Manual entry
●BAdI implementation (FAGL_DERIVE_SEGMENT)
●Definition of substitution rules
●Assignment of standard accounts]

63. "Organizational Assignments and Process Integration " "You want to create substitution in
Financial Accounting. Which parts do you have to define for each step of the substitution?
Note: There are 2 correct answers to this question." Check statement Callup point
Substitution values Prerequisite statement.
TS4F01_2 [Each step can have the following parts:
●Prerequisite
●Replacement]
TS4F01_2 [The substitution value is a numerical value or a string of letters that replaces
the value entered. A single substitution process can replace more than one value.]

64. Accounts Payable & Accounts Receivable Which business partner characteristic is mapped
to the customer and supplier account groups? Business partner type Business partner role
Business partner grouping Business partner account group.
TS4F01_1 [A business partner can have several roles, such as a contract partner (FI-CA), FI
Vendor (FI-AP), FI Customer (FI-AR), Customer (SD), Supplier (MM), prospect (potential
customer), or business partner (general).]

65. Asset Accounting "You are creating an asset master record by copying another asset, and
you notice that the inventory number is copied over. Which setting do you make on the
screen layout maintenance page to ensure the inventory number is NOT copies over when
you create new asset master vai copy?" Remove the subnumber indicator Remove the
reference indicator Remove the main asset indicator Remove the asset class indicator.
TS4F02_1 [Page 51]
[Reference:
The screen layout determines whether master data fields can be used as a reference. The
reference provides information about field contents, which can be copied into the new
master record when an asset is created from a template]
[Because the Copy field is not selected, the Description 1 field is not copied when you
create an asset using another asset as a reference]

66. Asset Accounting Which date is used to determine the depreciation start date? Asset value
date Baseline date Posting date Document date.
TS4F02_1 [The system determines the start date for ordinary depreciation using the asset
value date of the acquisition posting with the period control method]

67. General Ledger Accounting "You are responsible for configuring document splitting. What
are some of the key settings? Note There are 2 correct answer to this question." Business
transaction variant Field status variant Document number range Document type.
TS4F01_1 [SplitFigure 103: Document — Split Logic, Active Split]

68. "Organizational Assignments and Process Integration " "Which steps are required to create
a substitution in Financial Accounting? Note: There are 3 correct answers to this question."
Select activation level 2. Specify an authorization group. Select the correct call-up point.
Assign the substitution rule to the controlling area. Define the substitution rule with its
different steps using the formula editor.
TS4F01_2 [Callup points are particular places in an application that specify the exact
location where a validation and substitution occurs]
[In the figure, Accounting Document for Callup Point 2][ The system can use information
you have already entered, such as user name or document header information, in the
previous callup point to validate or substitute the values you enter]
[The formula editor provides a user-friendly interface for entering arithmetic and logical
statements.]
For a combination of organizational units (for example, company code) and callup point
(for example, line item), the activation levels for substitution and validation are as follows:
●0 - Inactive
●1 - Active for dialog and batch
●2 - Active, except for batch input]

69. Asset Accounting "Which of the following should you consider when defining asset
number ranges? Note: There are 2 correct answers to this question." Asset number range
are defined at chart of depreciation level. Each asset class can have either an internal or
external number range. Asset number range are defined for asset classes and are
company code specific. Each asset number range must be assigned to a unique asset class.
TS4F02_1 [You can define the following number assignments:
●Internal:
The system automatically assigns the next available number, in numerical sequence,
within the defined number range interval.
●External:
The number is assigned by the user or by another system.
You can assign specific number ranges to each company code in Customizing for Financial
Accounting under Asset Accounting → Organizational Structures → Asset Classes →
Define Number Range Interval.
Alternatively, you can specify a cross-company code number assignment in Customizing
for Financial Accounting under Asset Accounting → Organizational Structures → Specify
Number Assignment across Company Codes.]

70. Financial Closing Which of the following is a technical year-end closing activity is SAP
S/4HANA? Ledger balances must be carried forward. Foreign currency valuation must be
posted. Balance sheet adjustments must be posted. Accruals must be posted.
TS4F02_2 [Technical, Organizational, and Documentary Closing Activities]

71. Financial Closing "Which statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question."
Extension ledgers can be assigned their own posting period variant.
Extension ledger can be assigned their own fiscal year variant.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can have different currencies than the underlying.
TS4F02_2
[Multiple extension ledgers can point to the same underlying ledger]
[Extension ledgers can be assigned their own booking period variants]
72. Financial Closing "You want to post journal entries in a special period. Which conditions
must be met? Note: There are 2 correct answer to this question."
The special period must be open for posting in the period control.
The balance carry-forward to the new fiscal year must have taken control.
You must enter a posting date in the last posting period.
The last posting period must be open for posting in the period control.
TS4F02_2 [The operations during general ledger closing are as follows]

73. Financial Closing "You must run the foreign currency valuation for both US GAAP and IFRS,
which leads to different value for the 2 different accounting principles. How can you set
this up in the system?"
Define two valuation methods and assign the ledger groups to the new valuation method.
Define two valuation ares and two extension ledgers with relevant links to accounting
principles.
Define two valuation areas and two accounting principles with relevant links to ledgers.
Define two valuation methods and assign the accounting principles to the new valuation
methods.
TS4F02_2 [You now have to run the foreign
Definition of two valuation areas and two accounting principles with relevant links to
ledgers]
TS4F02_2 [Definition of a valuation area (for example, International) and an accounting
principle] [ledger group contains the ledgers 0L and L5 and is linked to the new valuation
area]
74. Overview and Deployment of SAP S/4HANA "What is shared between all deployment
options for SAP S/4HANA (Cloud, On-Premise)? Note: There are 3 correct answers to this
question." Data model Code line Configuration Scope User experience Upgrade intervals.
TS4F01_1 [maintains consistency with the data model]

75. General Ledger Accounting What does the document splitting functionality do?
It enables the automatic creation of an additional posting document in case the original
document contains more than 999 line items.
It enables the automatic create of additional posting documents for each defined spliiting
charecteristic.
It enriches all relevant balance sheet account lines with the defined splitting
characteristics.
It enriches all customer and vendor line items with the defined splitting characteristics in
the relevant subledgers.
TS4F01_1 [The splitting characteristics are transferred to the posting line items]

76. Asset Accounting "What do you define when configuring asset classes? Note: There are 3
correct answers to thia question." Screen layout rules Transaction types Posting keys
Number ranges Account determination.
TS4F02_1 [An account determination key can be used in different ways, depending on the
following scenarios:]
TS4F02_1 [The number range controls the number assignment of the asset master record]
TS4F02_1 [ The screen layout controls the following parameters ]

77. Asset Accounting "What are the maintenace levels of a screen layout rule for asset master
data? Note: There are 3 correct answers to this question." Main asset number
Depreciation area Asset subnumber Group asset Asset class.
TS4F02_1 [Table 1: Options of the Maintenance Level]

78. General Ledger Accounting "You are getting ready to post your first simple general ledger
document using the SAP fiori app for posting in a test environment. What configuration
items do you need to set up to post a simple document? Note: There are 2 correct
answers to this question. "
User must be assined to a tolerance group.
Line item text templates must be maintained.
The posting period variant must be created and assigned.
Number range and document types must be maintained.
TS4F01_1 [In the document header, enter the general data for the posting document. The
following are example fields:
●Invoice date
●Posting date
●Text]
[Required data: This demonstration uses records created in the demonstrations How to
Create a Company Code, How to Create Account Groups for G/L Accounts, How to Create
Profit Centers, Cost Centers and Segments, How to Maintain Customer Number Ranges
and Assign Them to Account Groups, How to Create Customer and Vendor Accounts, and
How to Classify the Document Type for Document Splitting.]

79. Financial Closing "Which closing activities are performed for external reporting as per SAP
best practices? Note: There are 2 correct answers to this question."
Update product cost estimates with standard prices.
Run plan assessment cycles for profit centers.
Perform valuations of open items in foreigh currency.
Regroup receivables and payables on the balance sheet.
TS4F02_2 [Preclosing Activities]
TS4F02_2 [Update product cost estimates, which may be performed more frequently]
TS4F02_2 [Closing Activities for External Reporting]
TS4F02_2 [Perform valuations of open items in foreign currency]
TS4F02_2 [Perform GR/IR clearing account analysis, reclassification of receivables and
payables, reconciliation of prior year to new year, and other adjustment postings.]

80. Asset Accounting "In your SAP S/4HANA system, you report financial values for three
separate accounting principles. You post an acquisition for an asset that is capitalize in a
single accounting priciple. If you use the application to post integrated asset accquisitions,
how many documents will the system post?" 3 2 4 1.
TS4F02_1 [AcquisitionFigure 43: Integrated Asset Acquisition]
TS4F02_1 [For the operational part (vendor invoice), the system posts a document valid
for all accounting principles against the technical clearing account for integrated asset
acquisitions. From a technical perspective, the system generates a ledger-group-
independent document.
●For each valuating part (asset posting with capitalization of the asset), the system
generates a separate document that is valid only for the given accounting principle. This
document is also posted against the technical clearing account for integrated asset
acquisitions. From a technical perspective, the system generates ledger-group-specific
documents for each accounting principle.] Solo se índica 1 principio x lo que se genera el 1
Group + 1 separate document es decir 2 documentos

81. Asset Accounting How can you perform transfers of asset between company codes with
different chart of depreciation?
Configure the cross-company depreciation areas in Customizing.
Define a global transfer variant and assign all the depreciation areas to it.
Enter depreciation area mapping during intercompany transfer posting.
Ensure the same depreciation areas are used in all charts of depreciation.
TS4F02_1 [Therefore, you must define cross-company depreciation areas before an asset
transfer]

Cristian y Omar

You might also like