SAP Certified Associate - S/4HANA Cloud Private Edition, Financial Accounting C_TS4FI_2023 Dumps in PDF

Free SAP C_TS4FI_2023 Real Questions (page: 2)

Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.

  1. 30 = Group currency
  2. 20 = Controlling area currency
  3. 00 = Document currency
  4. 10 = Company code currency

Answer(s): C,D



You want to implement purchase order accruals in SAP S/4HANA. Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

  1. Purchase of raw materials for inventory
  2. Purchase of fixed assets (using direct capitalization method)
  3. Purchase of services
  4. Purchase of consumable materials

Answer(s): B,C



You want to assign your 3 newly created company codes to the same controlling area. Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.

  1. Posting period variant
  2. Fiscal year variant
  3. Operating chart of accounts
  4. Source currency for group currency

Answer(s): B,C



Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?

  1. Profit center
  2. Business area
  3. Segment
  4. Functional area

Answer(s): D



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?

  1. Business area
  2. Segment
  3. Profit center
  4. Company code

Answer(s): 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.



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N
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12/17/2023 12:04:00 PM

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12/29/2023 5:06:00 PM

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9/4/2023 3:17:00 PM

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10/3/2023 8:19:00 AM

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10/19/2023 1:19:00 PM

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8/24/2023 12:47:00 PM

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10/23/2023 12:53:00 PM

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10/23/2023 8:52:00 PM

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7/21/2023 1:01:00 AM

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9/6/2023 9:24:00 AM

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1/10/2023 3:54:00 PM

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1
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