P_S4FIN_2021 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Practice Exam
P_S4FIN_2021 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Practice Exam
About P_S4FIN_2021 - SAP Certified Application Professional Exam
The P_S4FIN_2021 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)' exam has been developed to validate the skills and knowledge of the candidate to prepare, setup and lead an implementation project for Financials in SAP S/4HANA. The SAP P_S4FIN_2021 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.
Who should take the exam?
The P_S4FIN_2021 - SAP Certified Application Professional exam is suitable for candidates having experience in implementing Financial Accounting and Management Accounting for at least 5 years. Also, the candidate must have all required capabilities to act as an application consultant and team member.
Skills Required
- Candidates should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA.
- Candidates should be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA.
Exam Details
- Total Questions: 80 Questions
- Exam Duration: 180 mins
- Exam Language: English
- Passing score: 55% and above
- Validity: The certificate issued for passing this exam will be valid for 5 years.
Course Outline
The P_S4FIN_2021 - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Exam covers the following topics -
Domain 1 - Understand System Preparation and Configuration for Conversion of Financials in SAP S/4HANA (> 12%)
- Learn to Run pre-conversion tests, perform customer-vendor integration
- Learn to customize FI (including asset accounting) and CO for conversion
Domain 2 - Understand Conversion and Post-conversion Activities for Financials in SAP S/4HANA (> 12%)
- Learn to prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.
Domain 3 - Understand Architecture Overview of Financials in SAP S/4HANA (> 12%)
- Learn the technical components and architecture of financials in SAP S/4HANA
- Learn the Universal Journal Architecture, and analyse the Universal Journal Entry
- Learn to outline the Simple Finance Solution.
Domain 4 - Understand Financial Accounting Configuration in SAP S/4HANA (> 12%)
- Learn the new master data maintenance model and explain the changes to authorizations
- Learn the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality
- Learn to configure and use Document Splitting
- Learn about post documents to Financial Accounting
- Learn to perform closing operations
- Learn Financial Accounting integration.
Domain 5 - Understand Management Accounting Configuration in SAP S/4HANA (> 12%)
- Learn to perform customizing for Management Accounting integration
- Learn to configure and use the Material Ledger
- Learn integration of CO with materials management and integration of CO with sales and distribution
- Learn to configure and use Profitability Analysis
- Learn to perform planning and budgeting for Management Accounting and period-end closing for Management Accounting.
Domain 6 - Understand Asset Accounting Configuration in SAP S/4HANA (8% - 12%)
- Learn to outline the features of the new Asset Accounting
- Learn to compare the types of Asset Accounting (new, classic)
- Learn to configure new Asset Accounting
- Learn the new Asset Accounting posting logic
- Learn to perform day to day activities in new Asset Accounting and period-end closing in new Asset Accounting.
Domain 7 - Basics of SAP HANA, SAP S/4HANA and SAP Fiori (< 8%)
- Learn the SAP HANA Architecture
- Learn the SAP S/4HANA solution and deployment
- Learn about SAP Fiori and the SAP UI strategy.
What do we offer?
- Full-Length Mock Test with unique questions in each test set
- Practice objective questions with section-wise scores
- In-depth and exhaustive explanation for every question
- Reliable exam reports evaluating strengths and weaknesses
- Latest Questions with an updated version
- Tips & Tricks to crack the test
- Unlimited access
What are our Practice Exams?
- Practice exams have been designed by professionals and domain experts that simulate real-time exam scenario.
- 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.
- Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
- You can also create your own practice exam based on your choice and preference