SAP Exam P_S4FIN_2021 Topic 5 Question 56 Discussion

Actual exam question for SAP's P_S4FIN_2021 exam

Question #: 56
Topic #: 5

[All P_S4FIN_2021 Questions]

Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

ACurrency type

BAccounting principle

CDocument type

DValuation area

Show Suggested Answer

Suggested Answer: B, D

by Elly at Sep 17, 2024, 09:54 AM

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Kristal

4 months ago

I'm going with B and D. Can't go wrong with the fundamental financial setup, am I right? *winks*

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Daniel

4 months ago

I'm not sure about document type and valuation area. Can someone explain why they are not needed?

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Gail

4 months ago

This is a tricky one. I bet the exam writers just wanted to see if we're paying attention. *laughs* Gotta love those SAP curveballs!

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Cristal

4 months ago

Wait, what about document type? Isn't that crucial for managing transactions and reporting? I'm scratching my head on this one.

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Christa

3 months ago

D) Valuation area

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Madalyn

3 months ago

C) Document type

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Ammie

3 months ago

B) Accounting principle

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Christiane

3 months ago

A) Currency type

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Hui

3 months ago

Yes, document type is indeed crucial for managing transactions and reporting.

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Emmanuel

3 months ago

D) Valuation area

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Stephen

3 months ago

Don't worry, document type is one of the objects that need to be configured in SAP S/4HANA after the conversion.

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Michael

3 months ago

D) Valuation area

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Truman

3 months ago

C) Document type

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Lashonda

3 months ago

B) Accounting principle

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Celia

3 months ago

A) Currency type

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Jacquelyne

3 months ago

C) Document type

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Lillian

3 months ago

Yes, document type is indeed crucial for managing transactions and reporting.

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Marilynn

3 months ago

D) Valuation area

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Chantell

4 months ago

C) Document type

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Jodi

4 months ago

B) Accounting principle

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Erinn

4 months ago

A) Currency type

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Earleen

4 months ago

B) Accounting principle

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Ailene

4 months ago

A) Currency type

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Thurman

5 months ago

I agree with Isaac. Currency type and accounting principle are essential after the conversion.

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Isaac

5 months ago

I think we need to configure currency type and accounting principle.

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Maryln

5 months ago

I'm pretty sure currency type is also important. How else are we going to handle the financial data?

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Nathalie

3 months ago

D) Valuation area

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Myra

3 months ago

C) Document type

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Samira

3 months ago

B) Accounting principle

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Franchesca

3 months ago

A) Currency type

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Yoko

3 months ago

Yes, currency type is definitely important for handling financial data.

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Lynsey

3 months ago

D) Valuation area

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Audra

4 months ago

C) Document type

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Mozell

4 months ago

B) Accounting principle

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Georgeanna

4 months ago

A) Currency type

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Berry

5 months ago

Definitely need to configure accounting principle and valuation area. Those are the core pieces for the conversion, right?

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Paris

4 months ago

Absolutely, without configuring those, the conversion won't be successful.

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Carmen

5 months ago

Yes, you are correct. Those are essential for the conversion.

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