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: May 27, 2026

Question #28

The customers and vendors balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable.
Why do you NOT need to execute this program?
Please choose the correct answer.
Response:

A. Because balance carryforward was performed automatically due to postings to the subledgers in the new year

B. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error

C. Because balance carryforward was performed automatically when closing the previous year

D. Because balance carryforward was performed for the leading ledger in general ledger

Discussion 0

Correct Answer: D Vote an answer

Question #29

Why is it necessary to migrate balances for FI and CO?
Please choose the correct answer.
Response:

A. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

B. Because all balances from the past years are stored in the universal journal

C. Because the system displays an error if the sum of aggregated line items differs from the balance

D. Because a delta between all line items and the balance of every account will be updated in the universal journal

Discussion 0

Correct Answer: D Vote an answer

Question #30

You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.
What are the critical steps for fixed assets?
Note: There are 3 correct answers to this question.
Response:

A. Activate the new depreciation areas for asset classes under the chart of depreciation.

B. Update G/L accounts for the new depreciation area for the chart of depreciation.

C. Manually recalculate depreciation for the new depreciation area.

D. Update the depredation key for the new depreciation area.

E. Activate the new depreciation areas for the individual assets for the respective company codes.

Discussion 0

Correct Answer: A,B,C Vote an answer

Question #31

Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions?
Note: There are 3 correct answers to this question.
Response:

A. Profit center

B. Value field

C. Billing condition types.

D. Cost element categories

E. G/L accounts

Discussion 0

Correct Answer: C,D,E Vote an answer

Question #32

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:

A. Migrate all company codes you selected in customizing.

B. Migrate all company codes of the client.

C. Archive all data from unused company codes.

D. Migrate all company codes flagged as productive.

Discussion 0

Correct Answer: B Vote an answer

Question #33

What can you do in the extension ledgers configuration?
Please choose the correct answer.
Response:

A. You can create an extension ledger for which the underlying ledger is an extension ledger.

B. You can link an accounting principle to a ledger group that contains an extension ledger.

C. You can manually create a new ledger group that contains an extension ledger.

D. You can assign a freely defined currency to an extension ledger.

Discussion 0

Correct Answer: B Vote an answer

Question #34

A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA
1709. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements.
Which of the following tools will help leverage the transition process?
Response:

A. SAP S/4HANA migration cockpit

B. Software Update Manager

C. SAP Transformation navigator

D. SAP Readiness check for sap S/4 HANA

Discussion 0

Correct Answer: B Vote an answer

Question #35

Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
Response:

A. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.

B. A) The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.

C. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

D. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES

Discussion 0

Correct Answer: A Vote an answer

Question #36

You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table. Which of the following financial accounting transactions creates entries only in the ACDOCA table?
Response:

A. Depreciation run

B. Post vendor invoice

C. Execute profit-center allocation

D. Cash journal posting

Discussion 0

Correct Answer: C Vote an answer

Download Free SAP P_S4FIN_1610 Demo

Simply submit your e-mail address below to get started with our free demo of your SAP P_S4FIN_1610 exam.