SAP Exam P_S4FIN_2021 Topic 4 Question 44 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 44
Topic #: 4

[All P_S4FIN_2021 Questions]

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

ADefine depreciation areas for all currency types.

BActivate enterprise extension EA-FIN.

CDefine a technical clearing account for integrated acquisitions

DAssign accounting principles to all depreciation areas

EClose all fiscal years except the current one.

Show Suggested Answer

Suggested Answer: D

by Herschel at Jun 01, 2024, 01:22 PM

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Paris

10 months ago

A) Depreciation areas for parallel currencies? I didn't know SAP S/4HANA was also fluent in Monopoly money.

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Raylene

10 months ago

B) That's right, it simplifies the process and makes things more efficient.

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Kent

10 months ago

A) Yeah, in S/4HANA, you no longer need separate depreciation areas for parallel currencies.

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Gayla

11 months ago

C) Year-end closing? Sounds like the end of fiscal year and the end of my patience with this question.

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Orville

9 months ago

D) Insurance values in the asset master records

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Stephanie

10 months ago

C) Year-end closing

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Jordan

10 months ago

B) Non-posting depreciation areas

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Brice

10 months ago

A) Depreciation areas for parallel currencies

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Ilene

11 months ago

I agree with Soledad. We need to migrate Depreciation areas for parallel currencies before the conversion to SAP S/4HANA.

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Anika

11 months ago

D) Insurance values in the asset master records? More like 'uninsured assets in the dumpster' am I right?

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Soledad

11 months ago

I think the functionality that became obsolete in S/4HANA in Asset Accounting is Depreciation areas for parallel currencies.

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Michell

11 months ago

Wait, are we talking about asset accounting or stand-up comedy? I feel like 'non-posting depreciation areas' should be a punchline, not an answer choice!

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