Here you have the best SAP SAP S/4HANA 2020 practice exam questions
Which of the following is a technical year-end closing activity in SAP S/4HANA?
A technical year-end closing activity in SAP S/4HANA involves ensuring that the ledger balances are carried forward. This is a crucial step as it ensures that the balances from the current fiscal year are transferred to the new fiscal year, allowing for continuity in financial reporting and analysis. It is an essential part of the closing process to avoid discrepancies and to maintain accurate financial records.
Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)
The integration of asset acquisitions with the general ledger is defined by the Asset class and the Depreciation area. The Asset class categorizes assets and helps in automatically determining the correct general ledger accounts. The Depreciation area ensures that all the rules and methods for valuing and depreciating an asset are applied correctly, which links to the general ledger for accurate financial representation.
A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR.
Which currencies can you post to this account?
You forgot to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?
If a new general ledger account is not added to the financial statement version, its balance is placed in the non-assigned section. Accounts in the non-assigned section are excluded from calculations for net profit and net loss. Therefore, the correct impact would be that the balance of the new account is added to the non-assigned section and is excluded from the calculation.
You want to create a substitution in Financial Accounting.
Which parts do you have to define for each step of the substitution? (Choose two.)