SAP C-TS4FI-2023 Free Sample Questions

Create two separate asset master records for each asset, one for L-GAAP and one for IFRS.

Configure two depreciation areas within the same chart of depreciation, assign different accounting principles, and assign a unique depreciation key to each area for the asset class.

Create two separate charts of depreciation, one for IFRS and one for L-GAAP, and assign them to the company code.

Use an extension ledger to post manual depreciation adjustments at month-end to align with IFRS requirements.

Create a new vendor account group for the strategic supplier with the specific payment term as a required field.

Set the 'Net 45 days' payment term in the vendor account group configuration and manually change it in every purchase order for the strategic supplier.

Define the 'Net 45 days' payment term as the default in the vendor account group configuration, and then maintain the 'Net 60 days with 2% discount' term directly in the strategic supplier's Business Partner master data.

Use a substitution rule in Financial Accounting (FI-GL) to automatically change the payment term during invoice posting for the strategic supplier.

Profit Center

Cost Center

Business Area

Functional Area

Create a copy of the standard function group into the customer namespace (a Z-function group) and modify it.

Use released SAP APIs (OData or SOAP services) to extract the necessary financial data from S/4HANA.

Develop a side-by-side application on the SAP Business Technology Platform (BTP) that consumes data from both systems and presents the unified report.

Request an access key from SAP to modify the standard code and document the changes in Solution Manager.

Implement an in-app extension using the 'Custom Fields and Logic' Fiori app to add the required logic.

The balance carryforward for G/L accounts was not executed.

The year-end closing for the previous fiscal year in Asset Accounting (transaction AJAB) was not performed.

The number ranges for the new fiscal year have not been maintained.

The reconciliation between Asset Accounting and the General Ledger was not completed.

Create separate payment methods for foreign and domestic vendors and assign them in the vendor master data.

Configure Bank Determination (FBZP) by ranking the house banks differently for each payment method and currency combination.

Assign the respective house bank directly in the 'Bank details' section of the vendor master records.

Use a validation rule to check the vendor's country and substitute the house bank during the payment proposal creation.

Posting Key

Document Type

Field Status Group assigned to the G/L account master record.

Screen Variant for the posting transaction (e.g., FB50).

A Valuation Method

A Valuation Area

A Document Type for valuation postings

Assignment of an Accounting Principle to the Valuation Area

A specific Posting Key for unrealized gains/losses

All historical financial data and existing configurations will be converted and moved to the new S/4HANA system.

The existing SAP ECC system will be technically upgraded to SAP S/4HANA, preserving most of the current processes.

A new SAP S/4HANA system will be installed, and business processes will be redesigned based on standard functionalities. Only master data and open items/balances will be migrated.

A central finance system will be implemented to consolidate data from the legacy system and the new S/4HANA system.