Top Features of DumpsValid Updated C-TS4FI-2023 Exam Practice Questions

Blog Article

Tags: New Guide C-TS4FI-2023 Files, Exam C-TS4FI-2023 Study Solutions, Valid C-TS4FI-2023 Test Registration, C-TS4FI-2023 Reliable Exam Price, Test C-TS4FI-2023 Prep

Please don’t worry about the purchase process because it’s really simple for you. The first step is to select the C-TS4FI-2023 test guide, choose your favorite version, the contents of different versionof our C-TS4FI-2023 exam questions are the same, but different in their ways of using. We have three different versions for you to choose: PDF, Soft and APP versions. The second step: fill in with your email and make sure it is correct, because we send our C-TS4FI-2023 learn tool to you through the email. Later, if there is an update, our system will automatically send you the latest C-TS4FI-2023 version.

SAP C-TS4FI-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Overview and Deployment of SAP S 4HANA: The topic gives an overview of SAP HANA architecture. Moreover, it describes the scope and deployment options of SAP S 4HANA.
Topic 2	Organizational Assignments and Process Integration: It focuses on managing organizational units, currencies, validations, document types, and number ranges. It also involves utilizing reporting tools and configuring substitutions.
Topic 3	General Ledger Accounting: Under this topic, the focus is on creating and maintaining general ledger accounts, bank master data, and house banks.
Topic 4	Managing Clean Core: It explores clean core principles in ERP systems to maximize business process agility, reduce adaptation efforts, and accelerate innovation within the organization.

>> New Guide C-TS4FI-2023 Files <<

Exam C-TS4FI-2023 Study Solutions, Valid C-TS4FI-2023 Test Registration

The price for C-TS4FI-2023 study materials is quite reasonable, and no matter you are a student or you are an employee, you can afford the expense. Besides, C-TS4FI-2023 exam materials are compiled by skilled professionals, therefore quality can be guaranteed. C-TS4FI-2023 Study Materials cover most knowledge points for the exam, and you can learn lots of professional knowledge in the process of trainning. We provide you with free update for 365 days after purchasing C-TS4FI-2023 exam dumps from us.

SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q54-Q59):

NEW QUESTION # 54
Which of the following API types does SAP recommend to use to achieve clean core integrations? Note:
There are 2 correct answers to this question.

A. RFC
B. IDoc
C. OData
D. SOAP

Answer: B,C

Explanation:
In SAP S/4HANA, achieving a clean core is a key principle of modern SAP implementations. A clean core means minimizing customizations in the core system and leveraging standard APIs for integrations. SAP provides various API types, but not all are recommended for clean core integrations. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
B. OData
* Correct : OData (Open Data Protocol) is a modern, RESTful API standard that SAP strongly recommends for clean core integrations. It is part of SAP's strategy for cloud-based and hybrid integrations and aligns with the principles of a clean core by providing standardized, lightweight, and scalable interfaces. OData APIs are used extensively in SAP S/4HANA Cloud and on-premise systems for real-time data exchange.
* Reference : According to SAP documentation, OData APIs are the preferred choice for modern integrations, especially in cloud environments, as they support clean core principles by avoiding deep customizations.
C. IDoc
* Correct : IDoc (Intermediate Document) is a legacy integration technology that SAP still supports for specific use cases, particularly in on-premise systems or when integrating with older SAP systems.
While it is not as modern as OData, it is considered a clean core-compatible integration method because it uses standard SAP interfaces without requiring modifications to the core system. IDocs are often used for batch processing and asynchronous communication.
* Reference : SAP documentation confirms that IDocs are a standard integration method that can be used in clean core scenarios, especially when modern APIs like OData are not feasible.
A. SOAP
* Incorrect : SOAP (Simple Object Access Protocol) is an older web service protocol that SAP has largely replaced with modern RESTful APIs like OData. While SOAP is still supported in some legacy systems, it is not recommended for clean core integrations because it is less flexible and more complex compared to OData. SAP encourages customers to transition away from SOAP to more modern standards.
* Reference : SAP promotes OData over SOAP for clean core integrations due to its simplicity, scalability, and alignment with modern IT architectures.
D. RFC
* Incorrect : RFC (Remote Function Call) is another legacy technology used for direct function module calls between SAP systems. While RFC is widely used in traditional SAP landscapes, it is not recommended for clean core integrations because it often requires custom development and deep integration into the core system. This contradicts the clean core principle of minimizing customizations.
* Reference : SAP advises against using RFC for clean core integrations, as it does not align with modern integration best practices.
Key References to SAP Documentation:
* SAP Integration Suite Overview : Explains the role of OData APIs in modern SAP integrations and their alignment with clean core principles.
* SAP Help Portal - OData Services : Provides detailed guidance on using OData APIs for cloud and on-premise integrations.
* SAP IDoc Documentation : Highlights the use of IDocs as a standard integration method for specific scenarios, particularly in legacy systems.
* SAP Clean Core Strategy : Describes the importance of using standard APIs like OData and IDoc to maintain a clean core and avoid customizations.

NEW QUESTION # 55
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
B. It is a solution that can be integrated with Group Reporting.
C. It is a solution that facilitates transaction matching between systems in Central Finance.
D. It is a solution embedded in the SAP S/4HANA core.

Answer: B,D

Explanation:
Intercompany Matching and Reconciliation (ICMR) is a tool within SAP S/4HANA designed to help organizations identify, match, and reconcile intercompany transactions across different company codes or legal entities. It ensures that intercompany balances and transactions are consistent and accurate, which is critical for financial reporting and consolidation. Let's analyze each option to determine the correct answers.
Explanation of Each Option:
C. It is a solution that can be integrated with Group Reporting.
* Correct : ICMR can be integrated with SAP Group Reporting , which is used for consolidation and external reporting purposes. This integration allows organizations to ensure that intercompany transactions are reconciled before performing consolidation eliminations. By resolving discrepancies at the transactional level, ICMR supports accurate and compliant group reporting.
* Reference : According to SAP documentation, ICMR is designed to work seamlessly with Group Reporting to streamline the reconciliation and consolidation processes.
D. It is a solution embedded in the SAP S/4HANA core.
* Correct : ICMR is embedded in the SAP S/4HANA core , meaning it is part of the standard functionality available in SAP S/4HANA. This eliminates the need for additional systems or interfaces, making it easier to implement and use. The embedded nature of ICMR ensures real-time access to transactional data and improves efficiency in reconciliation processes.
* Reference : SAP documentation confirms that ICMR is a native feature of SAP S/4HANA, leveraging its unified architecture and real-time capabilities.
A. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
* Incorrect : While ICMR can integrate with Group Reporting, it does not require the parallel implementation of SAP Group Reporting Data Collection . ICMR operates independently of Group Reporting Data Collection and can be used solely for reconciling intercompany transactions without consolidating financial statements.
* Reference : ICMR focuses on transactional reconciliation, while Group Reporting Data Collection is specific to consolidation processes and is not a prerequisite for using ICMR.
B. It is a solution that facilitates transaction matching between systems in Central Finance.
* Incorrect : ICMR is primarily designed to reconcile intercompany transactions within SAP S/4HANA or between connected SAP systems. It is not specifically tailored to facilitate transaction matching between systems in a Central Finance (CFIN) landscape. Central Finance has its own tools and processes for reconciling data from non-SAP or legacy systems.
* Reference : Central Finance uses separate reconciliation mechanisms, and ICMR is not directly tied to this scenario.
Key References to SAP S/4HANA Documentation:
* SAP S/4HANA Finance for Intercompany Reconciliation : Explains the purpose and functionality of ICMR and its integration with Group Reporting.
* SAP Help Portal - Intercompany Matching and Reconciliation : Provides detailed guidance on how ICMR works and its role in ensuring accurate intercompany reconciliation.
* Group Reporting Integration : Describes how ICMR supports consolidation processes by integrating with SAP Group Reporting.
* Central Finance Reconciliation : Highlights the differences between ICMR and reconciliation processes in Central Finance.

NEW QUESTION # 56
You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?

A. One document per accounting principle
B. Separate documents for each and every accounting principle
C. One document per accounting principle & one document for all accounting principles
D. One document for all accounting principles

Answer: D

NEW QUESTION # 57
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are 3 correct answers to this question.

A. Change the dunning proposal
B. Start the dunning printout
C. Approve the dunning proposal
D. Schedule the dunning run
E. Maintain the parameters of the dunning program

Answer: C,D,E

NEW QUESTION # 58
Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A. To generate automatic elimination of intercompany AR/AP balances
B. To trigger elimination of intercompany revenues & costs based on rules configured
C. To highlight and solve intercompany data discrepancy triggering a workflow
D. To generate automatic posting to correct intercompany discrepancy

Answer: B,D

NEW QUESTION # 59
......

The immediate downloading feature of our C-TS4FI-2023 study materials is an eminent advantage of our products. Once the pay is done, our customers will receive an e-mail from our company. There is a linkage given by our e-mail, and people can begin their study right away after they have registered in. Our C-TS4FI-2023 study materials are available for downloading without any other disturbing requirements as long as you have paid successfully, which is increasingly important to an examinee as he or she has limited time for personal study. Therefore, our C-TS4FI-2023 Study Materials are attributive to high-efficient learning.

Exam C-TS4FI-2023 Study Solutions: https://www.dumpsvalid.com/C-TS4FI-2023-still-valid-exam.html

Report this page

TOP FEATURES OF DUMPSVALID UPDATED C-TS4FI-2023 EXAM PRACTICE QUESTIONS

Top Features of DumpsValid Updated C-TS4FI-2023 Exam Practice Questions