Online Access Free P_S4FIN_1610 Practice Test

You migrate a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed?
Note: There are 3 correct answers to this question.
Response:

• A.Activate new Asset Accounting.
• B.Post required documents in FI and CO.
• C.Start the RAPERB2000 asset report.
• D.Run balance sheets and G/L account balances.
• E.Perform G/L customizing for migration.

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?
Response:

• A.1
• B.2
• C.4
• D.3

You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.
What are the critical steps for fixed assets?
Note: There are 3 correct answers to this question.
Response:

• A.Update the depredation key for the new depreciation area.
• B.Manually recalculate depreciation for the new depreciation area.
• C.Activate the new depreciation areas for asset classes under the chart of depreciation.
• D.Activate the new depreciation areas for the individual assets for the respective company codes.
• E.Update G/L accounts for the new depreciation area for the chart of depreciation.

Which object do you enter in controlling transactions to update a specific valuation in the universal journal?
Response:

• A.Accounting principle
• B.Ledger
• C.Valuation area
• D.Ledger group

If you use the ledger approach, which customization settings must you apply for new Asset Account?
Note: There are 2 correct answers to these questions.
Response:

• A.Assign a controlling version to each depreciation area.
• B.Assign an accounting principle to every depreciation area.
• C.Set reconciliation account for parallel valuation (non-leading ledger).
• D.Define a technical clearing account for integrated asset acquisitions.