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SAP P-S4FIN-2021 Exam Overview:
| Certification Vendor: | SAP |
|---|---|
| Exam Name: | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) |
| Exam Number: | P-S4FIN-2021 |
| Certificate Validity Period: | 5 years |
| Exam Format: | True/False, Multiple choice (single response), Multiple choice (multiple response) |
| Passing Score: | 55% |
| Available Languages: | Spanish, English, German |
| Exam Duration: | 180 minutes |
| Related Certifications: | SAP Certified Application Associate - SAP S/4HANA Financial Accounting SAP Certified Application Professional Financials in SAP S/4HANA (other releases) |
| Exam Price: | varies by region (book via SAP Certification Hub) |
| Real Exam Qty: | 80 |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Available via SAP Certification Hub (online proctored) or onsite where SAP exams are offered. |
| Pre Condition: | Candidates should have at least 5 years of experience in SAP Financial Accounting and Management Accounting, and solid understanding of SAP ERP finance processes and S/4HANA differences. |
| Official Syllabus URL: | https://learning.sap.com/certifications |
SAP P-S4FIN-2021 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Asset Accounting Configuration | 8%–12% | - Period-end closing in new Asset Accounting - New Asset Accounting features |
| Conversion and Post-conversion Activities | > 12% | - Post-conversion transaction and balance conversion - Prepare master data for conversion |
| Financial Accounting Configuration | > 12% | - Document splitting and ledger configuration - Master data and authorization changes |
| System Preparation and Configuration for Conversion | > 12% | - Pre-conversion tests and setup - FI and CO configuration for conversion |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP Fiori and UI strategy - SAP HANA architecture - SAP S/4HANA overview and deployment |
| Architecture Overview of Financials in SAP S/4HANA | > 12% | - Universal Journal architecture - Simple Finance concepts |
| Management Accounting Configuration | > 12% | - Cost accounting integration - Material Ledger and profitability analysis |
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts: Frequently Asked Questions
The P-S4FIN-2021 exam leads to the SAP Certified Application Professional certification from SAP. It is positioned at the Professional level. The exam validates the knowledge and skills expected of candidates preparing for SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts.
Related certifications include:
- SAP Certified Application Professional Financials in SAP S/4HANA (other releases)
- SAP Certified Application Associate - SAP S/4HANA Financial Accounting
The P-S4FIN-2021 exam includes 80 questions and allows 180 minutes. Before test day, divide the available time by the number of questions in a timed practice set to establish a steady per-question pace. If a difficult item starts consuming too much time, mark it for review and move forward instead of losing momentum. A full timed practice session can help you decide when to move on, when to return, and how much buffer to reserve for a final check.
The passing score for P-S4FIN-2021 is 55%, and the official exam fee is varies by region (book via SAP Certification Hub). Because a retake requires paying the exam fee again, use timed practice results as a readiness check before scheduling your next attempt. If your performance remains inconsistent, continue reviewing weak domains and repeat a timed session before booking the exam.
Candidates should have at least 5 years of experience in SAP Financial Accounting and Management Accounting, and solid understanding of SAP ERP finance processes and S/4HANA differences.
Eligibility rules can change, so confirm the current requirements on the official exam page before registering.
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The current P-S4FIN-2021 outline is organized into 7 top-level domains. The first listed areas include:
- Asset Accounting Configuration (8%–12%)
- Management Accounting Configuration (> 12%)
- Financial Accounting Configuration (> 12%)
Review the Exam Topics section above for the complete outline and any nested subtopics.
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions:
Question 1
What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.
A. Reconciliation for entities in asset accounting is NOT included.
B. Archived data CANNOT be enriched with the new currency.
C. Calculated values are NOT added to the ACDOCA.
D. New currency fields are NOT updated for existing data.
Question 2
What must you create before you can record commitments in the universal journal?
A. Extension ledger
B. Statistical cost elements
C. Document type
D. Tolerance profile
Question 3
Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.
A. Reconciliation account
B. Extended open item management
C. Classic open item management
D. Ledger specific open item management
Question 4
You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?
A. Year-end closing
B. Insurance values in the asset master records
C. Depreciation areas for parallel currencies
D. Non-posting depreciation areas
Question 5
Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.
A. Archiving
B. Aging
C. Storing
D. Indexing
Solutions:
| Question 1 Answer: A,B | Question 2 Answer: A | Question 3 Answer: A,C | Question 4 Answer: B | Question 5 Answer: A,B |
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