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SAP
P_S4FIN_2021: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)

SAP P_S4FIN_2021 Exam

Certification Provider: SAP

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

Number of questions in our database: 80

Exam Version: Sep. 17, 2023

P_S4FIN_2021 Exam Official Topics:

Topic 1: Describe the technical components and architecture of financials in SAP S/4HANA/ Outline the features of new Asset Accounting
Topic 2: Run pre-conversion tests, perform customer-vendor integration/ Basics of SAP HANA, SAP S/4HANA and SAP Fiori
Topic 3: Prepare views and master data for conversion and the conversion of transactions/ System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
Topic 4: Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment/ Conversion and Post-conversion Activities for Financials in SAP S/4HANA
Topic 5: Perform customizing for Management Accounting integration/ Architecture Overview of Financials in SAP S/4HANA
Topic 6: Asset Accounting Configuration in SAP S/4HANA/ Describe the new master data maintenance model and explain the changes to authorizations
Topic 7: Explain integration of CO with materials management and integration of CO with sales and distribution/ Financial Accounting Configuration in SAP S/4HANA
Topic 8: Configure and use Profitability Analysis/ Describe the enhancement to Ledgers with the Universal Journal
Topic 9: Explain the new Asset Accounting posting logic/ configure and Use Document Splitting

Free SAP P_S4FIN_2021 Exam Actual Questions

The questions for P_S4FIN_2021 were last updated On Sep. 17, 2023

Question #1

Which of the following is a prerequisite to activate takeover values between depreciation areas?

ATakeover values are possible across all depreciation areas.

BOnly one depreciation area per chart of depreciation is assigned 00.

CDepreciation areas must be assigned to the same accounting principles

DTakeover values are no longer supported in SAP S/4HANA.

Reveal Solution Hide Solution

Correct Answer: A

Question #2

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

AMemo records

BPayment methods

CRecord types

DPayment terms

Reveal Solution Hide Solution

Correct Answer: B

Question #3

You are converting yoursystem to SAP S/4HAN

AIn yoursystem, 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?

ACreate a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

BChange all company codes to fiscal year variant K4.

CChange all company codes to fiscal year variant K2.

DChange all company codes and the controlling area to fiscal year variant K2.

Reveal Solution Hide Solution

Correct Answer: B

Question #4

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

AMemo records

BPayment methods

CRecord types

DPayment terms

Reveal Solution Hide Solution

Correct Answer: B

Question #5

You are converting yoursystem to SAP S/4HAN

ACreate a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

BChange all company codes to fiscal year variant K4.

CChange all company codes to fiscal year variant K2.

DChange all company codes and the controlling area to fiscal year variant K2.

Reveal Solution Hide Solution

Correct Answer: B

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