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SAP P_S4FIN_2021 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12%

Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.

Basics of SAP HANA, SAP S/4HANA and SAP Fiori < 8%

Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy.

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.

System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12%

Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion

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.

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.


SAP P_S4FIN_2021 Exam Description:

PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available.   - - - - - - - - - - - - - - - - The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself. The certificate issued for passing this exam will be valid for 5 years.

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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
What data for asset accounting is stored in the universal journal?

  • A. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
  • B. Actual depreciation of all depreciation area that are set to post depreciation periodically
  • C. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
  • D. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.

Answer: B


NEW QUESTION # 33
In an SAP S/4HANA system, which of the following features is mandatory?

  • A. Parallel ledgers
  • B. Margin analysis
  • C. Material ledger
  • D. Actual costing

Answer: C


NEW QUESTION # 34
Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question.

  • A. Source table
  • B. Company Code
  • C. Year
  • D. Period

Answer: B,C


NEW QUESTION # 35
What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

  • A. An alternative depreciation area
  • B. An accounting principle
  • C. A ledger account determination key
  • D. A chart of depreciation

Answer: A,B


NEW QUESTION # 36
There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused. How many you charts of depreciation do you migrate?

  • A. 0
  • B. 1
  • C. 2
  • D. 3
  • E. 4

Answer: E


NEW QUESTION # 37
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