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SAP P-S4FIN-2021 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
Financial Accounting Configuration in SAP S/4HANA > 12%

Describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration.

Asset Accounting Configuration in SAP S/4HANA 8% - 12%

Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting.

Management Accounting Configuration in SAP S/4HANA > 12%

Perform customizing for Management Accounting integration, configure and use the Material Ledger, explain integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting.

Architecture Overview of Financials in SAP S/4HANA > 12%

Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution.



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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q32-Q37):

NEW QUESTION # 32

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion. NOTE: There are 3 correct answers to this question.

  • A. SAP readiness check
  • B. Global performance analysis
  • C. Simplification item check
  • D. Custom code check
  • E. Authority check

Answer: B,C,D



NEW QUESTION # 33

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

  • A. Additional standard ledger
  • B. Document splitting
  • C. Margin analysis
  • D. Additional parallel currency

Answer: D



NEW QUESTION # 34

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

  • A. Passive document splitting
  • B. Document splitting default account assignment
  • C. Document splitting inheritance
  • D. Active document splitting

Answer: D



NEW QUESTION # 35

What setting must be identical between the company code and controlling area?

  • A. The number of posting and special periods
  • B. The fiscal year variant key
  • C. The valuation variant key
  • D. The posting period variant key

Answer: B



NEW QUESTION # 36

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

  • A. Private cloud
  • B. On premise
  • C. Public cloud
  • D. Central finance

Answer: D



NEW QUESTION # 37

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