VALID C-TS4FI-2023 TRAINING SOLUTIONS - 100% PASS C-TS4FI-2023 EXAM

Valid C-TS4FI-2023 Training Solutions - 100% Pass C-TS4FI-2023 Exam

Valid C-TS4FI-2023 Training Solutions - 100% Pass C-TS4FI-2023 Exam

Blog Article

Tags: C-TS4FI-2023 Training Solutions, Verified C-TS4FI-2023 Answers, C-TS4FI-2023 Passing Score, Reliable C-TS4FI-2023 Test Tutorial, C-TS4FI-2023 Valid Exam Tutorial

It is very convenient for all people to use the C-TS4FI-2023 study materials from our company. Our study materials will help a lot of people to solve many problems if they buy our products. The online version of C-TS4FI-2023 study materials from our company is not limited to any equipment, which means you can apply our study materials to all electronic equipment, including the telephone, computer and so on. So the online version of the C-TS4FI-2023 Study Materials from our company will be very for you to prepare for your exam. We believe that our study materials will be a good choice for you.

There is no doubt they are clear-cut and easy to understand to fulfill your any confusion about the exam. Our SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting exam question is applicable to all kinds of exam candidates who eager to pass the exam. Last but not the least, they help our company develop brand image as well as help a great deal of exam candidates pass the exam with passing rate over 98 percent of our C-TS4FI-2023 real exam materials. Considering many exam candidates are in a state of anguished mood to prepare for the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting exam, our company made three versions of C-TS4FI-2023 Real Exam materials to offer help. All these variants due to our customer-oriented tenets. As a responsible company over ten years, we are trustworthy. In the competitive economy, this company cannot remain in the business for long.

>> C-TS4FI-2023 Training Solutions <<

Verified C-TS4FI-2023 Answers - C-TS4FI-2023 Passing Score

The C-TS4FI-2023 test material, in order to enhance the scientific nature of the learning platform, specifically hired a large number of qualification exam experts, composed of product high IQ team, these experts by combining his many years teaching experience of C-TS4FI-2023 quiz guide and research achievements in the field of the test, to exam the popularization was very complicated content of SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting exam dumps. Expert team can provide the high quality for the C-TS4FI-2023 Quiz guide consulting for you to pass the C-TS4FI-2023 exam.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q18-Q23):

NEW QUESTION # 18
You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?

  • A. They must have the same configuration for payment transactions.
  • B. They must all belong to the same company.
  • C. They must belong to the same controlling area.
  • D. They must be located in the same country.

Answer: D


NEW QUESTION # 19
Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?

  • A. Segment
  • B. Business area
  • C. Profit center
  • D. Company code

Answer: D

Explanation:
To meet legal requirements for financial statements in Switzerland, you need to create a separate company code for the permanent establishment there. A company code is the smallest organizational unit for which a complete self-contained set of accounts can be drawn up for purposes of external reporting. This includes recording all relevant transactions and generating necessary financial statements.
Here are the steps to create a company code in SAP S/4HANA:
Define Company Code:
Transaction Code: OX02
Path: IMG -> Enterprise Structure -> Definition -> Financial Accounting -> Edit, Copy, Delete, Check Company Code.
Enter a four-character alphanumeric code for the new company code and fill in the necessary details such as company name, city, country, currency, and language. Save the entries.
Assign Company Code to Company:
Transaction Code: OX16
Path: IMG -> Enterprise Structure -> Assignment -> Financial Accounting -> Assign company code to company.
Select the company code and assign it to the appropriate company.
Define Additional Settings:
Fiscal Year Variant: Define and assign a fiscal year variant suitable for Switzerland if it differs from your main fiscal year variant (Transaction Code: OB29 and OB37).
Field Status Variant: Assign field status variants to your company code to control the data entry for different fields (Transaction Code: OBC4 and OBC5).
Open and Close Posting Periods:
Transaction Code: OB52
Define the periods during which posting is allowed for the company code.
By creating a company code, you ensure that the financial transactions for the Swiss establishment are recorded separately, and the financial statements can be prepared as required by Swiss law.


NEW QUESTION # 20
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

  • A. The type of payment notice sent to a customer
  • B. The exclusion of disputed residual items from credit limit checks
  • C. The special G/L indicator for the down payment
  • D. The account where a residual item is posted
  • E. The document type of the payment

Answer: A,B,D

Explanation:
In SAP S/4HANA, the reason code in Accounts Receivable (AR) is a powerful tool used to provide additional information about specific transactions, such as payments, residual items, or disputes. It allows for better control and customization of processes related to receivables management. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. The type of payment notice sent to a customer
* Correct : The reason code can influence the type of payment notice sent to a customer. For example, it can determine whether a dunning notice, payment reminder, or other communication is triggered based on the reason for the transaction (e.g., partial payment, dispute). This ensures that the appropriate action is taken based on the context of the transaction.
* Reference : According to SAP documentation, reason codes are used to categorize transactions and trigger specific actions, including the generation of payment notices.
B. The account where a residual item is posted
* Correct : The reason code can control the account where a residual item is posted during partial payments or write-offs. For example, if a customer makes a partial payment and leaves a residual amount, the reason code determines whether the residual amount is posted to a specific G/L account (e.
g., a clearing account or a disputed items account). This ensures proper accounting treatment for residual items.
* Reference : SAP documentation confirms that reason codes are used to define the posting behavior for residual items, ensuring accurate financial reporting.
C. The document type of the payment
* Incorrect : The document type of the payment is determined by the payment process configuration, not by the reason code. While reason codes provide additional information about the transaction, they do not directly influence the document type assigned to the payment.
* Reference : Document types are configured separately in the payment program and are independent of reason codes.
D. The special G/L indicator for the down payment
* Incorrect : The special G/L indicator for down payments is defined during the configuration of special G/L transactions, not through reason codes. Reason codes are not used to assign or control special G/L indicators, which are specific to down payments, guarantees, or other special transactions.
* Reference : Special G/L indicators are configured independently and are unrelated to reason codes.
E. The exclusion of disputed residual items from credit limit checks
* Correct : The reason code can be used to exclude disputed residual items from credit limit checks .
For example, if a residual item is marked as disputed using a specific reason code, it can be excluded from credit exposure calculations. This prevents disputed amounts from negatively impacting the customer's creditworthiness.
* Reference : SAP documentation highlights that reason codes can be used to flag disputed items and exclude them from credit management processes, ensuring fair credit evaluations.
Key References to SAP Documentation:
* SAP S/4HANA Finance for Accounts Receivable : Explains the role of reason codes in managing receivables, including their impact on payment notices, residual items, and credit management.
* SAP Help Portal - Reason Codes in AR : Provides detailed guidance on configuring and using reason codes in Accounts Receivable processes.
* Credit Management in SAP S/4HANA : Describes how reason codes can exclude disputed items from credit limit checks.
* Residual Item Posting : Highlights the use of reason codes to control the posting of residual items to specific accounts.


NEW QUESTION # 21
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA?
Note: There are 3 correct answe-rs to this que-stion.

  • A. Primary costs resulting from a distribution
  • B. Secondary costs resulting from an assessment
  • C. Intercompany postings
  • D. Plan depreciation amounts
  • E. Budgeted costs for a cost center

Answer: A,B,C


NEW QUESTION # 22
Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

  • A. Line item valuation for balance sheet accounts not defined as reconciliation account
  • B. Balance valuation on items for balance sheet accounts not defined as open item management
  • C. Line item valuation for balance sheet accounts defined as open item management
  • D. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management

Answer: B,C

Explanation:
In SAP S/4HANA, foreign currency valuation is performed to adjust the local currency equivalent of foreign currency-denominated balances based on exchange rate fluctuations at a specific key date (e.g., month- end or year-end). The valuation process considers specific account types and configurations. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
A. Balance valuation on items for balance sheet accounts not defined as open item management
* Correct : Foreign currency valuation includes balance valuation for balance sheet accounts that are not defined as open item management . These accounts typically include fixed assets, equity accounts, or other non-reconciling balance sheet accounts. Since these accounts do not require line-item- level reconciliation, the system performs valuation at the balance level.
* Reference : According to SAP documentation, balance valuation is applied to accounts without open item management during foreign currency valuation.
C. Line item valuation for balance sheet accounts defined as open item management
* Correct : For balance sheet accounts defined as open item management , foreign currency valuation is performed at the line-item level . This ensures that each individual open item (e.g., vendor or customer invoices) is revalued based on the applicable exchange rate. Open item management accounts typically include accounts payable, accounts receivable, and bank clearing accounts.
* Reference : SAP documentation specifies that line-item valuation is used for accounts with open item management to ensure accurate revaluation of outstanding transactions.
B. Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
* Incorrect : Ledger group-specific open item management does not influence the method of foreign currency valuation. Accounts with open item management are always valued at the line-item level, regardless of ledger group settings. Therefore, this option is incorrect.
* Reference : Ledger groups control the availability of ledgers for posting but do not affect the valuation method for open item management accounts.
D. Line item valuation for balance sheet accounts not defined as reconciliation account
* Incorrect : Foreign currency valuation is typically performed on reconciliation accounts (e.g., accounts payable, accounts receivable, or bank accounts). Non-reconciliation accounts, such as expense or revenue accounts, are not subject to foreign currency valuation. Therefore, this option is incorrect.
* Reference : Reconciliation accounts are specifically designed for foreign currency valuation, while non- reconciliation accounts are excluded from this process.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Foreign Currency Valuation : Explains the process of foreign currency valuation and the types of accounts involved.
* SAP Help Portal - Foreign Currency Valuation : Provides detailed guidance on how balance and line- item valuations are performed during foreign currency valuation.
* Open Item Management in SAP S/4HANA : Describes how open item management affects the valuation process for balance sheet accounts.
* Reconciliation Accounts : Highlights the role of reconciliation accounts in foreign currency valuation.


NEW QUESTION # 23
......

The Certified Production and C-TS4FI-2023 certification is a valuable credential earned by individuals to validate their skills and competence to perform certain job tasks. Your SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting C-TS4FI-2023 Certification is usually displayed as proof that you’ve been trained, educated, and prepared to meet the specific requirement for your professional role.

Verified C-TS4FI-2023 Answers: https://www.validtorrent.com/C-TS4FI-2023-valid-exam-torrent.html

This is the most powerful evidence to prove how effective and useful our SAP C-TS4FI-2023 exam study material is, SAP C-TS4FI-2023 Training Solutions In today's society, high efficiency is hot topic everywhere, Our C-TS4FI-2023 study quiz boosts many advantages and it is your best choice to prepare for the test, They have dedicated and devoted themselves in this area with professional background about C-TS4FI-2023 quiz braindumps materials.

Risks of Infection from Eating Meat, Examples C-TS4FI-2023 related to when to best utilize this option are covered in the next chapter, This is the most powerful evidence to prove how effective and useful our SAP C-TS4FI-2023 Exam study material is.

Valid C-TS4FI-2023 Training Solutions - Win Your SAP Certificate with Top Score

In today's society, high efficiency is hot topic everywhere, Our C-TS4FI-2023 study quiz boosts many advantages and it is your best choice to prepare for the test.

They have dedicated and devoted themselves in this area with professional background about C-TS4FI-2023 quiz braindumps materials, We have also created C-TS4FI-2023 pdf dumps that are perfect for busy professionals.

Report this page