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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)

Last Updated: Oct 3, 2024
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80 Questions and Answers for the SAP P_S4FIN_2021 exam

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Students Passed the "SAP P_S4FIN_2021" exam

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Average score during Real Exams at the Testing Centre

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Syllabus
  • System Preparation and Configuration for Conversion of Financials in SAP S/4HANA: In this exam section, topics covered include how to Run pre-conversion tests, ensure customer-vendor integration, and customize FI (including asset accounting) and CO for conversion.
  • Conversion and Post-conversion Activities for Financials in SAP S/4HANA: In this exam section, the topics covered are how to prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.
  • Architecture Overview of Financials in SAP S/4HANA: This section of the exam covers how to describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyze the Universal Journal Entry; outline the Simple Finance Solution.
  • Financial Accounting Configuration in SAP S/4HANA: In this exam section, topics covered include how to 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: In this section, topics covered include how to perform customizing for Management Accounting integration, configure and use the Material Ledger, explain the 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.
  • Asset Accounting Configuration in SAP S/4HANA: This exam section covers how to highlight 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.
  • Basics of SAP HANA, SAP S/4HANA, and SAP Fiori: In this section of the exam, explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy.