P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Practice Exam
P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Practice Exam
About P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
The P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2020)' exam validates a candidate's ability to independently prepare, set up and lead an implementation project of Financials in SAP S/4HANA.
Who should take the exam?
- 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.
What are the skills required?
The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, coursebook 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.
SAP P_S4FIN_2020 Course Outline
The P_S4FIN_2020 Financials in SAP S/4HANA for SAP ERP Finance Experts -
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
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.
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.
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.
Asset Accounting Configuration in SAP S/4HANA8% - 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.
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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- Practice exam questions have been created on the basis of content outlined in the official documentation.
- Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
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