C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Questions and Answers

Enter the new tax codes as default for users who have authorization to post general ledger transactions after balance carry forward is done

Enter the appropriate new VAT code in the tax category field of the relevant expense and revenue G/L accounts after balance carry forward is done

Create a substitution that changes the deprecated VAT code when relevant new one when entering documents with posting data in the new year

Create a validation that issues an error when the user uses a deprecated VAT code when entering documents with posting data in the new year

Create task groups.

Define the person responsible for tasks.

Create a template.

Define the task dependencies.

Release the task dependencies.

Sequence of steps \/ Q Account Key

Condition type

Tax category

Tax code

Unlike the ledger approach in the accounts approach, you assign a separate set of accounts for each accounting principle

Unlike the ledger approach in the accounts approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle

Unlike the ledger approach in the accounts approach, you define a technical clearing account for integrated asset ^ acquisitions

Unlike the ledger approach in the accounts approach, you assign a ledger group to every depreciation area

Automatically, when setting capex cost from an internal order

Automatically, when creating an investment measure

Automatically, when setting capex cost from a WBS element

Manually (transaction AS01), using a specific asset class

It assumes that the transfer happens between two independent legal entities

It determines the relationship type automatically, using the company code

determines the relationship type automatically, using the company ID

It does NOT allow a transfer to happen within a single legal entity

Define depreciation areas for each category of legacy asset.

Define depreciation areas to transfer all the legacy data.

Define asset classes and maintain their attributes.

Define depreciation keys and calculation keys.

Set the deletion flag in the company code data of the G/L account.

The account is not used in any automatic account determination.

Transactional figures are older than a customizable amount of years.

Set the deletion flag in the chart of accounts data of the G/L account.

There are no transaction figures for the account.

Process purchase order accruals

Perform asset depreciation run

Perform valuations of open items in foreign currency

Close the previous period in Material Management (MM)