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SAP Updated P_S4FIN_2023 Exam Questions and Answers by aylah

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SAP P_S4FIN_2023 Exam Overview :

Exam Name: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
Exam Code: P_S4FIN_2023 Dumps
Vendor: SAP Certification: SAP Certified Professional
Questions: 80 Q&A's Shared By: aylah
Question 12

In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.

Options:

A.

It must be assigned to an underlying ledger.

B.

It will generate additional line items in ACDOCA for non-ledger-specific postings.

C.

It is always active on the system level for all company codes.

D.

If asset accounting is used, a depreciation area must be assigned.

Discussion
Question 13

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

Options:

A.

Reconciliation account

B.

Classic open item management

C.

Extended open item management

D.

Ledger specific open item management

Discussion
Alaya
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Kaiden Sep 17, 2026
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Inaaya
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Fraser Sep 20, 2026
Yes, of course, they are necessary to pass the exam. They give you an insight into the types of questions that could come up and help you prepare effectively.
Kylo
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Sami Sep 10, 2026
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Aliza
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Jakub Sep 12, 2026
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Question 14

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

Options:

A.

Valuation areas (FI)

B.

Standard ledgers

C.

Document types

D.

Accounting principles

E.

Ledger groups

Discussion
Question 15

What must you create before you can record commitments in the universal journal?

Options:

A.

Extension ledger

B.

Tolerance profile

C.

Statistical cost elements

D.

Document type

Discussion
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