C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Question and Answers

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Group asset

Asset class

Asset subnumber

Main asset number

Depreciation area

Posting date

Document date

Value date

Entry date

Goods receipt date

A dowm payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

A dowm payment request is created as a SD billing document, which is automatically posted in FI as a noted item.

A dowm payment request is created as an FI noted item, which automatically generates an SD billing document.

A dowm payment request is created as an FI noted item, which automatically generates an SD sales order.

Asset master data is complete and without errors.

Posting periods are closed for asset G/L accounts.

Depreciation is posted in full for all assets.

The fixed asset fiscal year change is complete.

Alternative reconciliation G/L account

Individual supplier accounts with special G/L indicator

Supplier reconciliation G/L account

Adjustment G/L account for foreign currency

It checks the tax amount entered and automatically calculates the tax

It post the tax amount to tax accounts

It checks the tax codes and automatically updates the taxes based on changes by tax authorities

It adjust the tax codes and automatically updates the procedure

It performs tax adjustments for cash discounts and other forms of deductions

Unlike the ledger 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 maintain additional depreciation areas to post the delta valuation of 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 in the accounts approach, you assign a ledger group to every depreciation area

Process purchase order accruals

Perform asset depreciation run

Perform valuations of open items in foreign currency

Close the previous period in Material Management (MM)