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SAP PS4FIN2021 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| 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 |
| 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. |
| 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. |
| 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. |
| 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. |
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SAP PS4FIN2021 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.
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q46-Q51):
NEW QUESTION # 46
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. Simplification item check
- B. Authority check
- C. Global performance analysis
- D. Custom code check
- E. SAP readiness check
Answer: A,C,D
NEW QUESTION # 47
You carry forward balances for your company code and leading ledger to the new fiscal year 2021 and year What could resolve the error?
- A. Run the fiscal year change (transition FAA_CMP) to close fiscal year 2019
- B. Run "calculate depreciation" (transition AFAR) for fiscal year 2021
- C. Post all depreciation (transaction AFAB) for the fiscal year 2020
- D. Post revaluation and new valuation (transition AR29N) for fiscal year 2020
Answer: A
NEW QUESTION # 48
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question.
- A. You can assign additional valuations to separate accounts.
- B. You can assign each valuation to a separate ledger.
- C. You can assign additional valuations to the extension ledgers.
- D. You can assign profit center, group, and legal valuations to the same ledger.
Answer: B,D
NEW QUESTION # 49
At which level do you define that a G/L account is a secondary cost account?
- A. Chart of accounts
- B. Operating concern
- C. Controlling area
- D. Company code
Answer: A
NEW QUESTION # 50
What cost center planning process can write data directly to plan item table ACDOCP?
- A. Manual planning of statistical key figures
- B. Planning in SAP Analytics Cloud
- C. Formula planning with templates
- D. Internal activity price calculation
Answer: A
NEW QUESTION # 51
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