Free SAP P-S4FIN-1610 Exam Dumps Questions & Answers

The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?
Response:

• A.The accounts approach must be replaced because the ledger approach is the only valid option
• B.There is no need to use such offset accounts anymore because of real-time postings.
• C.The extra offset account has to be used as in the classic Asset Accounting.
• D.The extra offset account is obsolete and will be replaced by the technical clearing account.

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?
Please choose the correct answer.
Response:

• A.By running the monthly depreciation posting
• B.By maintaining the offset account in the asset account determination
• C.By running the periodic acquisition and production cost posting
• D.By entering manual corrective clearing transfer postings

Which of the following are phases in SAP Activate?
Note: There are 3 correct answers to this question.
Response:

• A.Realize
• B.Test
• C.Blueprint
• D.Deploy
• E.Explore

You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this?
Note: There are 2 correct answers to this question.
Response:

• A.Transaction type
• B.Ledger group
• C.Depreciation area
• D.Accounting principle

There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused.
How many you charts of depreciation do you migrate?
Response:

• A.8
• B.22
• C.7
• D.15