SAP P-S4FIN-1610 Actual Free Exam Questions & Community Discussion

  • Exam Code/Number: P-S4FIN-1610
  • Exam Name/Title: SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Finance Experts
  • Certification Provider: SAP
  • Corresponding Certification: SAP Certified Application Professional
  • Exam Questions: 90
  • Updated On: Sep 03, 2026
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:
Correct Answer: A Vote an answer
If you use the ledger approach, which customization settings must you apply for new Asset Account?
Note: There are 2 correct answers to these questions.
Response:
Correct Answer: A,B Vote an answer
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:
Correct Answer: B,C Vote an answer
You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied.
How do you handle these company codes?
Response:
Correct Answer: B Vote an answer
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain?
Note: There are 3 correct answers to this question.
Response:
Correct Answer: C,D,E Vote an answer
You are performing a legacy asset data transfer in your SAP S/4HANA system.
Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.
Which of the following values do you need to provide during legacy asset transfer?
Note: There are 3 correct answers to this question.
Response:
Correct Answer: C,D,E Vote an answer
You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1709 system with account-based CO-PA, Which prerequisites must be met?
Note: There are 2 correct answers to this question.
Response:
Correct Answer: A,C Vote an answer
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.
Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables?
Note: There are 2 correct.
Response:
Correct Answer: B,D Vote an answer
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
Response:
Correct Answer: A Vote an answer
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