C_ts4fi_1809 - SAP Certified Application Associate - SAP S/4HANA For Financial Accounting Associates (SAP S/4HANA 1809)

The format of a company code key is a four-digit alphanumeric code. This means that the code consists of a combination of letters and numbers, and it is composed of exactly four characters. This format allows for a wide range of possibilities and provides enough flexibility to accommodate different types of company codes.

Noted items can be used for a down payment request. Noted items are used to track specific items or amounts within a transaction. In the case of a down payment request, it is common to have specific items or amounts that need to be tracked and accounted for. Therefore, noted items can be used to ensure accurate recording and tracking of the down payment request.

The recommended organizational unit for cost-of-sales accounting is the functional area. This is because the functional area represents a specific department or function within an organization, such as sales, marketing, or production. Cost-of-sales accounting involves tracking and analyzing the costs associated with the sales function, including the cost of goods sold, sales commissions, and other related expenses. By assigning cost-of-sales accounting to the functional area, it allows for better control and analysis of costs specific to the sales function, helping to evaluate the profitability and efficiency of the sales department.

When specifying a target special G/L indicator, you would choose the special G/L indicator "Vendor down payment request." This indicator is used when a vendor requests a down payment from the customer. It helps in tracking and managing the down payment requests made by vendors.

The characteristic that is mapped to the customer and supplier account groups is the business partner grouping. Account groups are used to classify and group business partners based on certain characteristics or attributes. In this case, the customer and supplier account groups are specifically categorized and grouped based on the business partner grouping characteristic. This allows for easier management and organization of customer and supplier accounts within the business partner system.

A company in SAP S/4HANA can be considered for consolidation, meaning that its financial data can be combined with other companies for reporting purposes. Additionally, a company can be assigned to a company code, which allows for the tracking of costs and revenues within the organization. These characteristics highlight the flexibility and functionality of SAP S/4HANA in managing and organizing company data.

Validation can be used in Cost Accounting and Asset Accounting. In Cost Accounting, validation ensures that the data entered is accurate and meets the required standards. It helps in verifying the correctness of cost-related information. In Asset Accounting, validation is crucial to ensure that the data entered for assets, such as their values and depreciation, is accurate and follows the accounting principles. By using validation in these application areas, organizations can maintain the integrity and reliability of their financial data.

To use the automatic payment program, you need to maintain the paying company codes and bank determination settings. Paying company codes are necessary to specify the company codes that will be used for outgoing payments. Bank determination settings are required to determine the appropriate bank for making the payments. By maintaining these settings, the system will be able to automatically process outgoing payments without manual intervention.

In SAP S/4HANA, the bank master data is stored at the client level. This means that the bank information is maintained centrally and can be accessed and used by all the company codes and controlling areas within the client. Storing the bank master data at the client level ensures consistency and efficiency in managing bank-related information across the entire organization.

The system chooses the correspondence type that is assigned to the tolerance group for the automatic payment.

Validation can be used in Asset Accounting and Cost Accounting. In Asset Accounting, validation helps ensure that the data entered for assets, such as depreciation key or useful life, is accurate and meets the required criteria. This helps in maintaining the integrity of asset data and ensures correct accounting processes. In Cost Accounting, validation can be used to check the accuracy of cost calculations, cost allocations, and cost postings. This helps in ensuring the reliability of cost data and enables accurate cost analysis and reporting.

In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. This means that both programs have the capability to retrieve and use noted items in their respective processes. Note items are typically used for recording additional information or comments related to specific transactions, and the fact that the payment program and dunning program can access them indicates that they are integrated within the application and can be utilized for various purposes. Therefore, the statement is true.

The dunning clerk's work involves managing and following up on overdue accounts. The dunning list is a crucial tool for the clerk as it contains the details of all the customers who have outstanding payments. The blocked accounts list is also important as it helps identify accounts that have been blocked due to non-payment or other issues. The dunning history list provides a record of all previous dunning activities and communications with customers. Together, these three lists provide the necessary information and support for the dunning clerk's work.

To post journal entries in a special period, two conditions must be met. Firstly, a posting date must be entered in the last posting period. This ensures that the entries are recorded in the correct time frame. Secondly, the special period must be open for posting in the period control. This means that the system allows for entries to be made in this specific period. These two conditions ensure that the journal entries are made in the appropriate period and that the system allows for posting in the special period.

The automatic clearing program allows a user to clear open items for both the general ledger and subledger accounts. This means that any outstanding items in these accounts can be reconciled and resolved automatically. The program does not specifically deal with special general ledger indicators or currency, so these options are not correct answers.

The explanation for the given correct answer is that before using negative postings, the company code must allow negative postings and the reversal reason must also allow negative postings. This means that the company's settings and configurations should be such that it permits and allows the use of negative postings in the system.

Before the Financial Closing Cockpit can be used, a task list template needs to be created and assigned to an organizational structure. This template will provide a predefined set of tasks and activities that need to be completed during the financial closing process. By assigning the task list template to the organizational structure, the system will be able to generate the necessary tasks and activities for each user or role involved in the closing process, ensuring a streamlined and efficient closing process.

You can park documents for customer accounts and general ledger accounts. Parking documents allows you to save them temporarily without posting them to the system. This can be useful when you need to review or make changes to the documents before finalizing and posting them. However, you cannot park documents for material accounts or sales invoices.

Before the Financial Closing Cockpit can be used, a task list template needs to be created and assigned to an organizational structure. This template will provide the necessary guidelines and steps for conducting the financial closing process. It ensures that the closing activities are performed in a standardized and consistent manner across the organization. Without a task list template, the Financial Closing Cockpit cannot effectively guide and support the closing process.

To edit a dunning proposal, you can lower the dunning level of an item, block an account, and block a line item. Lowering the dunning level of an item allows you to adjust the severity of the dunning reminder for that particular item. Blocking an account prevents any further dunning reminders from being sent to that account. Blocking a line item stops the dunning process for a specific line item within an account. These actions provide flexibility and control in managing the dunning process and ensuring it aligns with the specific needs and circumstances of each account.

The reversal reason must be configured to allow negative postings because the reversal process requires a specific reason to be specified, and this reason must be configured to allow negative postings. The company code must allow negative postings because if the company code does not allow negative postings, then the reversal postings with negative amounts will not be allowed.

Document splitting is active in the company code and the splitting characteristic is the profit center. When a vendor invoice with a single expense is posted, which is assigned to different profit centers, document splitting will create line items based on the number of profit centers involved. In the Entry view, 5 line items are created to represent each profit center. In the General Ledger view, 9 line items are created as a result of document splitting and the addition of 10% VAT.

The fields that cannot be changed while changing parked documents are the document type or document number, company code, and currency. These fields are typically set during the initial creation of the parked document and cannot be modified afterwards to maintain the integrity and consistency of the document. Additionally, the account assignment objects may be changed if necessary, allowing for flexibility in adjusting the document as needed.

An extension ledger can be used for adjustments for consolidation purposes and simulation of foreign currency valuation. Adjustments for consolidation purposes involve making necessary changes to financial statements to account for consolidation of multiple entities. Simulation of foreign currency valuation involves testing the impact of changes in exchange rates on financial statements. Both activities require additional ledger functionality that an extension ledger can provide.

In the asset master record, you can assign the original Management Accounting objects such as Order, Cost center, and Activity type. These objects help in tracking and analyzing the costs associated with assets. Assigning the order allows you to link specific orders to the asset, the cost center helps in allocating costs to the responsible cost center, and the activity type helps in determining the type of activity performed by the asset. Cost element, on the other hand, is not an original Management Accounting object that can be assigned in the asset master record.

The month-end closing activities for external purposes include closing the old period, creating external and internal reports, and performing foreign currency valuations. Closing the old period ensures that all transactions for the month are finalized and no further changes can be made. Creating external and internal reports involves generating financial statements and other reports that are used for external reporting purposes. Performing foreign currency valuations involves assessing the value of assets and liabilities denominated in foreign currencies to reflect any changes in exchange rates. These activities are important for accurate and timely external financial reporting.

To set up house banks as part of the implementation, you would need the company code, general ledger account, and bank master data. The company code is necessary to ensure that the house banks are set up for the correct company. The general ledger account is needed to link the house banks to the appropriate accounting entries. The bank master data provides information about the bank, such as the bank name, account number, and address, which is essential for setting up the house banks accurately.

The correct answer is Query Browser and KPI modelling apps. These two reporting tools are available with SAP S/4HANA embedded analytics. Query Browser allows users to create and execute queries to retrieve data from the system, while KPI modelling apps help in creating and analyzing key performance indicators.

The checks for archiving G/L accounts (master data) include verifying if a deletion indicator has been set, checking if there are still documents associated with the account, and determining if there are still transaction figures (such as already archived data) present. These checks ensure that the G/L accounts are eligible for archiving and that no important data or documents are lost in the process.

The admin needs to assign the corresponding SAP Fiori tile catalog to the user in order for the user to be able to add the application to their SAP Fiori home page.

When creating a new document type, you define the number range for the document type, which determines the range of document numbers that can be assigned to documents of this type. Additionally, you also define the account types allowed for posting, which specifies the types of accounts that can be used for posting transactions related to this document type. These two factors are essential in setting up the document type and ensuring proper document numbering and account posting restrictions.

An extension ledger can be used for simulation of foreign currency valuation to assess the impact of currency fluctuations on financial statements. It can also be used for adjustments for consolidation purposes to consolidate financial statements of multiple entities.

To maintain the categories of assets in SAP S/4HANA, the correct configuration step would be to copy the chart of depreciation and maintain depreciation areas. This step allows for the creation and customization of depreciation areas based on the specific requirements of the assets and their grouping information. By copying the chart of depreciation, it ensures that the legacy data and their categories are properly integrated into the SAP system, enabling accurate asset accounting and depreciation calculations.

The purpose of the reorganization of segments is to enable the merge of segments and enable segment reassignments. This means that by reorganizing segments, they can be combined or rearranged in a way that improves efficiency and effectiveness. This can help to streamline processes, optimize resources, and improve overall performance. Additionally, it allows for the deletion of unnecessary segments, further enhancing the organization's operations.

The fields of a financial accounting document that influence the automatic payment program are payment block, payment term, and payment method. The payment block determines whether the document is eligible for payment or not. The payment term specifies the due date and terms of payment for the document. The payment method determines the way in which the payment will be made, such as through a check or electronic transfer.

The print program is assigned to the correspondence type at the company code level only. This means that the print program will be specific to a particular company code and will not be applicable at any other level such as system level or client level.

In Asset Accounting, the depreciation area is used to handle separate valuation for parallel accounting. Each depreciation area can have its own set of valuation rules and accounting principles, allowing for different depreciation calculations and reporting for different accounting standards or legal requirements. The depreciation area is a key object in determining how assets are valued and depreciated in parallel accounting scenarios.

The admin needs to assign the corresponding SAP Fiori tile catalog to the user. This will make the application available for the user to add to their SAP Fiori home page.

The chart of accounts segment of a G/L account includes consolidation fields, control fields, and the account number. Consolidation fields are used to track financial information across multiple entities or business units. Control fields are used to define specific properties or characteristics of the account. The account number is a unique identifier for the account. Currency fields, although not mentioned in the correct answer, are also commonly included in the chart of accounts segment to track transactions in different currencies.

The different history sheet groups that each version of asset history sheets can contain are Reposting, Book values at the end of the fiscal year, and Acquisitions. These groups are used to track and record changes in asset values and transactions over time. Reposting refers to any adjustments or corrections made to previous entries. Book values at the end of the fiscal year represent the final recorded values of assets at the end of the financial year. Acquisitions refer to the addition of new assets to the company's inventory. Imputed interest is not included in the list of correct answers.

In Customizing for Asset Accounting, you create an Account determination key and an Asset class. The Account determination key is used to determine the G/L accounts for posting asset transactions, and by creating a separate key for the special group of assets, you can ensure that their values are shown separately in the general ledger. The Asset class is used to group assets with similar characteristics, and by creating a separate class for the special group of assets, you can easily identify and manage them separately in the general ledger.

The program FAA_DEPRECIATION_POST posts three types of depreciation: ordinary depreciation such as book depreciation or imputed depreciation, unplanned depreciation or other manually planned depreciation, and imputed interest. These types of depreciation are all relevant for the program and need to be posted.

The statement "The same workflow variant can be assigned to several company codes" is correct because in a company, multiple departments or divisions may use the same workflow variant for their processes.

The statement "It is possible to design multilevel workflow sequences" is correct because in complex business processes, different levels of approvals or decision-making may be required, and a multilevel workflow sequence allows for this.

Both of these statements are correct because they describe features and possibilities in workflow management systems.

The process of configuring the payment program involves three steps: configuring the house banks, configuring the paying company codes, and configuring the payment methods for each company code. These steps are necessary to set up the system to process payments accurately and efficiently. Configuring the house banks involves entering bank details such as bank name, account number, and bank key. Configuring the paying company codes involves linking the company codes to the house banks. Lastly, configuring the payment methods for each company code involves defining the payment methods that will be used for making payments.

When setting up depreciation areas, it is necessary to assign an accounting principle for each depreciation area. This is important because different accounting principles may apply to different depreciation areas based on factors such as legal requirements or company policies. By assigning an accounting principle to each depreciation area, it ensures that the correct rules and regulations are followed for calculating and recording depreciation for each specific area.

The key settings for configuring document splitting are the document type and the business transaction variant. The document type determines the type of document being created, while the business transaction variant defines the specific business transaction being performed. These settings are important for determining how the documents will be split and organized within the system.

The pillars of the SAP Fiori user experience paradigm are role-based, responsive, and simple. Role-based means that the user interface is tailored to the specific roles and tasks of the user. Responsive refers to the design being adaptable to different devices and screen sizes. Simple means that the interface is intuitive and easy to use, reducing complexity and improving user efficiency.

In Customizing for Asset Accounting, you create an asset class to classify the special group of assets separately. This allows for easier management and reporting of these assets. Additionally, you create an account determination key to determine the accounts in the general ledger where the values for these assets will be posted. By assigning the asset class and account determination key to the assets, you ensure that their values are shown separately in the general ledger.

You can activate document splitting at the client level and the company code level. This means that you can configure document splitting to occur at either the overall client level or at the level of individual company codes within the client. This allows for greater flexibility in how document splitting is applied and ensures that it can be tailored to the specific needs and requirements of each company code within the client.

The Financial Closing Cockpit application offers three types of tasks: online transactions, flow definition, and remote tasks. Online transactions refer to tasks that can be completed directly within the application, such as entering financial data or generating reports. Flow definition involves setting up a predefined sequence of tasks that need to be completed during the financial closing process. Remote tasks allow users to perform tasks outside of the application, such as running programs or scripts on remote systems.