C_TS4FI_2021 Exam Questions and Answers

QUESTION: 6

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"

Define maximum amounts to be paid per supplier
Rank bank accounts for payment
Maintain open item selection parameters
Review the payment proposal exception list

Answer(s): C,D

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QUESTION: 7

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. Post the correction documents
4. Communicate difference
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. Communicate difference
4. Post the correction documents

Answer(s): D

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QUESTION: 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 deploy SAP S/4HANA Cloud
You want to use document splitting for the General Ledger
You want to integrate the system into SAP Cloud Platform
You want to clean up your system and use SAP Best Practices

Answer(s): A,D

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QUESTION: 9

Financial Closing

"Which statements best describe extension ledgers in SAP S/4HANA?

Note: There are 2 correct answers to this question."

Extension ledger can be assigned their own fiscal year variant.
Extension ledgers can have different currencies than the underlying.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can be assigned their own posting period variant.

Answer(s): C,D

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QUESTION: 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."

Payment transaction
Payment type
Baseline date
Terms of payment
Payment method

Answer(s): C,D,E

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SAP C_TS4FI_2021 Exam (page: 2) SAP Certified Application Associate - S/4HANA for Financial Accounting Associates ( S/4HANA 2021) Updated on: 25-Dec-2025

QUESTION: 6

QUESTION: 7

QUESTION: 8

QUESTION: 9

QUESTION: 10

SAP C_TS4FI_2021 Exam (page: 2)
SAP Certified Application Associate - S/4HANA for Financial Accounting Associates ( S/4HANA 2021)
Updated on: 25-Dec-2025