In recent years, the SAP P_S4FIN_2020 exam has become a popular ticket to a better job and faster promotions. ITExamDownload gets you ready for the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam with 82 practice questions for the P_S4FIN_2020 exam, developed by experienced IT professionals.
SAP P_S4FIN_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Financial Accounting Configuration in SAP S/4HANA | 12% | - New master data maintenance models - Document splitting and ledger enhancements |
| Topic 2: Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP Fiori user interface essentials - SAP HANA architecture overview |
| Topic 3: Architecture Overview of Financials in SAP S/4HANA | 12% | - SAP S/4HANA Financial solution components - Universal Journal architecture |
| Topic 4: Asset Accounting Configuration in SAP S/4HANA | 8% - 12% | - Asset postings and period-end activities - New Asset Accounting features |
| Topic 5: Conversion and Post-conversion Activities for Financials in SAP S/4HANA | 12% | - Conversion of transactions and balances - Master data preparation and reconciliation |
| Topic 6: Management Accounting Configuration in SAP S/4HANA | 12% | - Profitability Analysis and planning - Material Ledger configuration |
| Topic 7: System Preparation and Configuration for Conversion of Financials in SAP S/4HANA | 12% | - Pre-conversion tests and setup activities - Customer-vendor integration configuration |
Practical Answers About the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam runs 180 minutes and contains 80 questions. That ratio is the real exam challenge: knowing the content is necessary, but pacing is what finishes it. Rehearse with full-length timed sessions in the ITExamDownload test engine, and treat your pacing plan as seriously as your study plan.
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Extensive experience in implementing Financial Accounting and Management Accounting (typically 5+ years) and a strong understanding of SAP ERP Finance processes are recommended. These rules are set by SAP and can change, so confirm the current requirements on the official exam page: https://training.sap.com/certificationfinder before registering for the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam.
The P_S4FIN_2020 exam is SAP's official certification test, and passing it awards the SAP Certified Application Professional credential — a certification at the Professional level. Its career value is simple: certified professionals are the first shortlisted for better roles and promotions, which is why candidate numbers keep climbing. It also connects to 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), extending its value across a wider credential path.
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts syllabus spans 7 knowledge areas. The heaviest are System Preparation and Configuration for Conversion of Financials in SAP S/4HANA (12%), Basics of SAP HANA, SAP S/4HANA and SAP Fiori (< 8%), Asset Accounting Configuration in SAP S/4HANA (8% - 12%). Match your study time to those weights — the full outline is listed in the section above.
Each SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts attempt costs Approximately USD $242, and the pass mark is 60% - 64% (approx.). A retake bills the full fee again, so the financially smart move is arriving overprepared. Use ITExamDownload practice questions until your timed scores clear 60% - 64% (approx.) comfortably, then book the P_S4FIN_2020 exam once.
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions:
What can you do with SAP S/4HANA accrual management?
- A. Post and analyse accruals in all currencies defined for the general ledger
- B. Carry forward accruals to future years independent of the other ledger values
- C. Automatically calculate accruals for asset acquisitions with purchase orders
- D. Post planned accrual amounts in table ACDOCP and analyse them in reports
Correct Answer: C 🗳️
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.
- A. Aging
- B. Indexing
- C. Mirroring
- D. Archiving
Correct Answer: A,D 🗳️
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain?
NOTE: There are 3 correct answers to this question
- A. Activate the transfer of incoming sales orders
- B. Creative statistical cost elements for cost and revenues of incoming sales orders
- C. Setup an extension ledger with type "line items with technical numbers"
- D. Activate the indicator for incoming sales orders in the attributes view of the operating concerns
- E. Activate predictive accounting for incoming sales orders
Correct Answer: A,B,E 🗳️
Which values can be posted to a specific ledger? There are 3 correct answer to this question.
- A. Taxes
- B. Payments
- C. Depreciation
- D. Accruals
- E. Currency valuation
Correct Answer: C,D,E 🗳️
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?
- A. 3
- B. 4
- C. 2
- D. 1
Correct Answer: C 🗳️
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