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The SAP P_S4FIN_2021 certification exam covers a range of topics, including financial accounting and closing operations, management accounting and profitability analysis, financial supply chain management, and SAP S/4HANA migration. The exam is designed to test the candidate's ability to configure and manage financial processes within SAP S/4HANA, as well as their understanding of the integration between financial processes and other SAP modules such as logistics and procurement.

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The SAP P-S4FIN-2021 exam is designed for finance experts who are interested in becoming certified application professionals in Financials in SAP S/4HANA for SAP ERP. This exam is intended to validate the skills and knowledge required to work with SAP S/4HANA Financials modules such as General Ledger Accounting, Accounts Payable, Accounts Receivable, and Asset Accounting. Candidates who pass the exam will be certified to configure and implement these modules in SAP S/4HANA.

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q39-Q44):

You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

  • A. You have executed the variance calculation in CO-PC.
  • B. You have defined a settlement profile that allows the settlement of variances for your order type
  • C. You have set up accounts for transaction key BSX and GBB in the MM account determination.
  • D. You have defined a PA transfer structure for settlement.

Answer: A,C

Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

  • A. Account-based profitability analysis
  • B. Actual costing
  • C. Costing-based profitability analysis
  • D. Cash management

Answer: A,D

What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

  • A. Standard cost of goods sold
  • B. Actual revenue
  • C. CO-PA valuated insurance costs
  • D. Incoming sales orders

Answer: B,D

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

  • A. Document types
  • B. Ledger groups
  • C. Standard ledgers
  • D. Accounting principles
  • E. Valuation areas (FI)

Answer: B,D,E

Which object acts as a data source for cash management (cash flow analyser) in SAP S/4HANA?

  • A. Statistical key figure
  • B. Bank fees
  • C. Value fields
  • D. Memo Records

Answer: D


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