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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
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
Ivan
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Elis Mar 14, 2026
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Ilyas
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Saoirse Mar 15, 2026
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Zayaan
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Maja Mar 4, 2026
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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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