A manufacturing company is preparing for a system conversion to SAP S/4HANA 2021. During the analysis phase, the Simplification Item Check identifies an issue with the material ledger not being active in the source SAP ERP system. According to SAP best practices for conversion, what is the mandatory action that must be taken regarding the material ledger?
A global enterprise is implementing SAP S/4HANA and needs to support IFRS reporting, local GAAP for several countries, and a separate ledger for management consolidation adjustments. The CFO wants to minimize data redundancy. Which ledger type should be used for the management consolidation adjustments to ensure it only stores delta postings without duplicating all underlying data from the leading ledger?
The Universal Journal (table ACDOCA) is the cornerstone of SAP S/4HANA Finance, acting as the single source of truth. Which of the following classic SAP ERP tables have been made redundant and are now represented by compatibility views for backward compatibility? (Select THREE)
**Case Study** A pharmaceutical company, PharmaCorp, has just completed its technical conversion from SAP ECC 6.0 EHP7 to SAP S/4HANA 2021. The project team is in the post-conversion validation phase, focusing on Asset Accounting. In their legacy system, they used classic Asset Accounting with three depreciation areas: 01 for local GAAP (posting in real-time), 15 for IFRS (posting periodically), and 20 for tax (statistical). All three areas are now active in the new Asset Accounting ledger approach in S/4HANA, posting to different ledgers. The finance team reports a significant reconciliation difference between the legacy asset balances and the new balances shown in the Asset Explorer (AW01N) for the IFRS depreciation area (15). The balances for local GAAP (01) have reconciled perfectly. The team has already verified that the asset master data was migrated correctly. Which sequence of validation steps is the most effective to identify the root cause of the IFRS balance discrepancy? ```mermaid graph TD subgraph Pre-Conversion A[Classic AA Config] --> B{Data Migration} end subgraph Post-Conversion C[New AA Active] --> D{Validation Phase} end B --> C D --> E((Go-Live)) ```
True or False: In SAP S/4HANA, the use of the Business Partner (BP) data model is mandatory for managing customer and vendor master data; legacy transactions like XD01/FK01 are no longer available for creating master records.
A user in the fixed assets department reports that after posting an asset acquisition via F-90, the planned depreciation values for the newly acquired asset are not immediately visible in the Universal Journal line item browser (FAGLL03H). The depreciation is only posted after the periodic depreciation run (AFAB) is executed. This behavior contradicts the principles of New Asset Accounting. Which configuration setting is the most likely cause of this issue?
During the Customer-Vendor Integration (CVI) process for an S/4HANA conversion, the project team discovers several custom fields in the legacy vendor master table LFA1. These fields need to be available in the Business Partner master data after migration. What is the standard SAP framework for extending the Business Partner data model to include these custom fields?
The central table in SAP S/4HANA Finance that integrates and consolidates financial and managerial accounting line items from FI, CO, AA, and ML into a single source of truth is called __________.
During post-conversion validation of an S/4HANA system, which TWO activities are critical for ensuring the integrity and reconciliation of Management Accounting data? (Select TWO)
A financial controller needs a Fiori app to perform multi-dimensional analysis on group-level financial statement data, with the ability to slice and dice by profit center, segment, and company code. Which Fiori app type is specifically designed for these kinds of complex analytical and drill-down requirements?