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SAP P_S4FIN_2021 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
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.

  • S4F01 (SAP S/4HANA 2021)
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.

  • S4F03 (SAP S/4HANA 2021)
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.

  • S4F01 (SAP S/4HANA 2021)
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.

  • S4F02 (SAP S/4HANA 2021)
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

  • S4F03 (SAP S/4HANA 2021)

SAP P_S4FIN_2021 Exam Description:

PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available.   - - - - - - - - - - - - - - - - The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. 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. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book 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. This 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. The candidate also has all required capabilities to act as an application consultant and team member himself/herself. The certificate issued for passing this exam will be valid for 5 years.

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q48-Q53):


What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

  • A. Incoming sales orders
  • B. Actual revenue
  • C. Actual cost of goods sold
  • D. Standard cost of goods sold

Answer: B,C


Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.

  • A. Plan data
  • B. Parallel currencies
  • C. Actual costing results
  • D. Transfer Prices

Answer: B,D


What cost center planning procress can write data directly to plan item table ACDOCP?

  • A. Manual planning of cost with workbook
  • B. Manual planning of statistical key figures
  • C. Internal activity price calculation
  • D. Formula planning with templates

Answer: A


You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation. What are the critical steps for fixed assets? Note: There are 3 correct answers to this question.

  • A. Update G/L accounts for the new depreciation area for the chart of depreciation.
  • B. Activate the new depreciation areas for asset classes under the chart of depreciation.
  • C. Manually recalculate depreciation for the new depreciation area.
  • D. Activate the new depreciation areas for the individual assets for the respective company codes.
  • E. Update the depredation key for the new depreciation area.

Answer: A,B,C


You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

  • A. Cost component split (COGS) can be configured in financial accounting.
  • B. Cost-based CO-PA can still be used in parallel.
  • C. Value fields will be added to the universal journal.
  • D. Characteristics will be added to the universal journal.
  • E. Historical data will be enriched with characteristics by derivation

Answer: A,B,D



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