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SAP P-S4FIN-2021 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
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.

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.

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.

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.


SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q64-Q69):

NEW QUESTION # 64
You want to configure an extension ledger. Which steps do you need to take? Note: There are 2 correct answers to this question.

  • A. Specify the document type for the extension ledger.
  • B. Assign a fiscal year variant to the extension ledger
  • C. Specify allowed currency types for the extension ledger
  • D. Select an underlying ledger for the extension ledger.

Answer: A,D
NEW QUESTION # 65
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

  • A. Cost component split (COGS) can be configured in financial accounting
  • B. Cost based CO-PA can still be used in parallel
  • C. Characteristics will be added to universal journal
  • D. Historical data will be enriched with characteristics by derivation
  • E. Value fields will be added to the universal Journal

Answer: A,B,C
NEW QUESTION # 66
Which three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: C
NEW QUESTION # 67
How many digits for the amount field on the financial document line item level are supported in the universal journal

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: A
NEW QUESTION # 68
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?

  • A. Standard ledger A
    Extension ledger C
  • B. Standard ledger B
  • C. Extension ledger C
    Standard ledger A
  • D. Standard ledger A
    Standard ledger B
  • E. Extension ledger C
    Standard ledger B

Answer: D
NEW QUESTION # 69
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