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Exam Code: P_S4FIN_2020
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Certification Provider: SAP
Corresponding Certification: SAP Certified Application Professional
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Certification Provider: SAP
Corresponding Certification: SAP Certified Application Professional
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SAP P_S4FIN_2020 Exam Overview:
| Certification Vendor: | SAP |
|---|---|
| Exam Name: | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts |
| Exam Number: | P_S4FIN_2020 |
| Exam Format: | Multiple Choice and Multiple Response |
| Related Certifications: | SAP Certified Application Professional - Financials in SAP S/4HANA (updated versions such as P_S4FIN_2021) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting SAP Certified Application Associate - SAP S/4HANA for Management Accounting |
| Exam Duration: | 180 minutes |
| Passing Score: | 60% - 64% (approx.) |
| Exam Price: | Approximately USD $242 |
| Certificate Validity Period: | Certification does not expire but staying current with SAP releases is recommended |
| Available Languages: | English |
| Real Exam Qty: | 80 |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Exam is delivered through the SAP Global Certification Hub (online or in person via authorized SAP testing partners). Scheduling and delivery methods are managed through SAP's official certification platform. |
| Pre Condition: | Extensive experience in implementing Financial Accounting and Management Accounting (typically 5+ years) and a strong understanding of SAP ERP Finance processes are recommended. |
| Official Syllabus URL: | https://training.sap.com/certificationfinder |
SAP P_S4FIN_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Architecture Overview of Financials in SAP S/4HANA | 12% | - SAP S/4HANA Financial solution components - Universal Journal architecture |
| Topic 2: System Preparation and Configuration for Conversion of Financials in SAP S/4HANA | 12% | - Customer-vendor integration configuration - Pre-conversion tests and setup activities |
| Topic 3: Asset Accounting Configuration in SAP S/4HANA | 8% - 12% | - Asset postings and period-end activities - New Asset Accounting features |
| Topic 4: Conversion and Post-conversion Activities for Financials in SAP S/4HANA | 12% | - Master data preparation and reconciliation - Conversion of transactions and balances |
| Topic 5: Financial Accounting Configuration in SAP S/4HANA | 12% | - New master data maintenance models - Document splitting and ledger enhancements |
| Topic 6: Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP Fiori user interface essentials - SAP HANA architecture overview |
| Topic 7: Management Accounting Configuration in SAP S/4HANA | 12% | - Profitability Analysis and planning - Material Ledger configuration |
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam FAQ — Worth Buying
Yes — download the free SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts demo and judge the cram before paying. Purchases include one-year service: 365 days of update versions sent asap by email; renew afterward at 50% off.
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts is SAP's certification exam for SAP Certified Application Professional, at the Professional level. Short on time? Focused, simple-to-use material is the fix. Related credentials include SAP Certified Application Associate - SAP S/4HANA for Financial Accounting, SAP Certified Application Associate - SAP S/4HANA for Management Accounting, SAP Certified Application Professional - Financials in SAP S/4HANA (updated versions such as P_S4FIN_2021).
Extensive experience in implementing Financial Accounting and Management Accounting (typically 5+ years) and a strong understanding of SAP ERP Finance processes are recommended. Eligibility rules change over time, so verify the current requirements on the official page (official P_S4FIN_2020 exam page) before registering.
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts blueprint spans 7 domains — including Asset Accounting Configuration in SAP S/4HANA (8% - 12%), Financial Accounting Configuration in SAP S/4HANA (12%), Conversion and Post-conversion Activities for Financials in SAP S/4HANA (12%). The complete outline above lists every subtopic; budget your time by weight.
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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions:
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?
- A. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward
- B. Use external number ranges in the BP groupings for the conversion and switch to internal afterward
- C. Use internal number ranges in the BP groupings for the conversion and switch to external afterward
- D. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward
Correct Answer: A 🗳️
You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions
- A. Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)
- B. Account-based CO-PA: no specific customizing is necessary
- C. Account-based CO-PA:assign different accounts(assignment of different accounts is necessary)
- D. Costing-based CO-PA: no specific customizing is necessary
Correct Answer: A,C 🗳️
You are converting your system to SAP S/4HANA.
In your system you have:
Three company codes assigned to a single controlling area Controlling area is assigned to fiscal year variant K4.
Two company codes assigned to fiscal year variant K2
One company code assigned to variant K3 During conversion to SAP S/4HANA, what do you need to change?
- A. Change the controlling area to fiscal year variant K3.
- B. Change all company codes to fiscal year variant K4
- C. Change all company codes and the controlling area to fiscal year variant K2
- D. Change all company codes to fiscal year variant K2
Correct Answer: B 🗳️
On what level can you assign a fiscal year variant to a company code?
- A. Ledger
- B. Depreciation area
- C. Accounting principle
- D. Valuation area
Correct Answer: C 🗳️
What setting must be identical between the company code and controlling area?
- A. The number of special periods
- B. The fiscal year variant key
- C. The number of posting periods
- D. The number of postings and special periods
Correct Answer: B 🗳️
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