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SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 2	Overview and Deployment of SAP S 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S 4HANA.
Topic 3	Accounts Payable & Accounts Receivable: It covers reversing invoices and payments, blocking open invoices for payment, configuring the payment program, defining payment medium workbench settings, and handling debit balance checks.
Topic 4	Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
Topic 5	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q44-Q49):

NEW QUESTION # 44
The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

A. Sales
B. Contingent Workforce
C. Travel
D. Human Capital Management
E. Procurement

Answer: A,B,E

NEW QUESTION # 45
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A. It is a solution that facilitates transaction matching between systems in Central Finance.
B. It is a solution embedded in the SAP S/4HANA core.
C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
D. It is a solution that can be integrated with Group Reporting.

Answer: B,D

Explanation:
Intercompany Matching and Reconciliation (ICMR) is a tool within SAP S/4HANA designed to help organizations identify, match, and reconcile intercompany transactions across different company codes or legal entities. It ensures that intercompany balances and transactions are consistent and accurate, which is critical for financial reporting and consolidation. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
C. It is a solution that can be integrated with Group Reporting.
* Correct : ICMR can be integrated with SAP Group Reporting , which is used for consolidation and external reporting purposes. This integration allows organizations to ensure that intercompany transactions are reconciled before performing consolidation eliminations. By resolving discrepancies at the transactional level, ICMR supports accurate and compliant group reporting.
* Reference : According to SAP documentation, ICMR is designed to work seamlessly with Group Reporting to streamline the reconciliation and consolidation processes.
D. It is a solution embedded in the SAP S/4HANA core.
* Correct : ICMR is embedded in the SAP S/4HANA core , meaning it is part of the standard functionality available in SAP S/4HANA. This eliminates the need for additional systems or interfaces, making it easier to implement and use. The embedded nature of ICMR ensures real-time access to transactional data and improves efficiency in reconciliation processes.
* Reference : SAP documentation confirms that ICMR is a native feature of SAP S/4HANA, leveraging its unified architecture and real-time capabilities.
A. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
* Incorrect : While ICMR can integrate with Group Reporting, it does not require the parallel implementation of SAP Group Reporting Data Collection . ICMR operates independently of Group Reporting Data Collection and can be used solely for reconciling intercompany transactions without consolidating financial statements.
* Reference : ICMR focuses on transactional reconciliation, while Group Reporting Data Collection is specific to consolidation processes and is not a prerequisite for using ICMR.
B. It is a solution that facilitates transaction matching between systems in Central Finance.
* Incorrect : ICMR is primarily designed to reconcile intercompany transactions within SAP S/4HANA or between connected SAP systems. It is not specifically tailored to facilitate transaction matching between systems in a Central Finance (CFIN) landscape. Central Finance has its own tools and processes for reconciling data from non-SAP or legacy systems.
* Reference : Central Finance uses separate reconciliation mechanisms, and ICMR is not directly tied to this scenario.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Intercompany Reconciliation : Explains the purpose and functionality of ICMR and its integration with Group Reporting.
* SAP Help Portal - Intercompany Matching and Reconciliation : Provides detailed guidance on how ICMR works and its role in ensuring accurate intercompany reconciliation.
* Group Reporting Integration : Describes how ICMR supports consolidation processes by integrating with SAP Group Reporting.
* Central Finance Reconciliation : Highlights the differences between ICMR and reconciliation processes in Central Finance.

NEW QUESTION # 46
What can you achieve with the legacy data transfer in via transaction AS91?

A. Posting of take over values
B. Setting the company code status for legacy data transfer
C. Creation of master data
D. Posting the summary write off in G/L

Answer: C

NEW QUESTION # 47
Which of the following objects is only a statistical account assignment for cost postings to an asset?

A. Cost center
B. Internal order
C. Profit center
D. WBS element

Answer: C

Explanation:
Comprehensive Detailed Explanation with all SAP S/4HANA Cloud References In SAP S/4HANA, statistical account assignments are used for reporting and analysis purposes but do not directly receive actual cost postings. Among the options provided, the profit center is the object that serves as a statistical account assignment for cost postings to an asset. Let's analyze each option to determine the correct answer.
Explanation of Each Option:
A. Profit center
* Correct : The profit center is a statistical account assignment in SAP S/4HANA. It is used to track costs and revenues for internal management reporting and profitability analysis but does not receive actual cost postings. When posting costs to an asset, the profit center can be assigned statistically to provide additional reporting dimensions without affecting the actual accounting entries.
* Reference : According to SAP documentation, profit centers are classified as statistical objects because they do not participate in actual cost distribution or settlement processes.
B. Internal order
* Incorrect : An internal order is a real account assignment object that can receive actual cost postings.
Internal orders are used to collect costs for specific projects, activities, or events and can later settle these costs to other cost objects, such as cost centers or assets.
* Reference : Internal orders actively participate in cost distribution and settlement, making them a real (not statistical) account assignment.
C. Cost center
* Incorrect : A cost center is also a real account assignment object that receives actual cost postings.
Cost centers are used to allocate and manage costs within an organization and are directly involved in cost accounting processes.
* Reference : Cost centers are primary cost objects in Controlling (CO) and are not considered statistical account assignments.
D. WBS element
* Incorrect : A Work Breakdown Structure (WBS) element is a real account assignment object used in Project System (PS). WBS elements can receive actual cost postings for project-related expenses and are actively involved in project cost management and settlement processes.
* Reference : WBS elements are real account assignments and are not classified as statistical objects.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Asset Accounting (FI-AA) : Explains the role of statistical and real account assignments in cost postings to assets.
* SAP Help Portal - Profit Center Accounting : Provides detailed guidance on the use of profit centers as statistical objects for reporting purposes.
* Account Assignment Objects in SAP S/4HANA : Describes the differences between real and statistical account assignments, including profit centers, cost centers, internal orders, and WBS elements.
* Integration of FI-AA and CO : Highlights how profit centers are used for reporting and analysis without receiving actual cost postings.

NEW QUESTION # 48
You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?

A. The alternative account has not been created for the company code.
B. You have not assigned the alternative chart of accounts to your operational chart of accounts.
C. You have not assigned the alternative chart of accounts to your company.
D. The alternative account is already assigned to another G/L account for the company code.

Answer: D

NEW QUESTION # 49
......

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2025 100% Free C-TS4FI-2023–Valid 100% Free Exam Price | C-TS4FI-2023 Upgrade Dumps

SAP C-TS4FI-2023 Exam Syllabus Topics:

C-TS4FI-2023 Upgrade Dumps - Detailed C-TS4FI-2023 Study Dumps

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q44-Q49):

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