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SAP P_S4FIN_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Asset Accounting Configuration in SAP S 4HANA: Features, types, configuration, posting logic, day-to-day activities, and period-end closing of New Asset Accounting are sub-topics.
Topic 2	Management Accounting Configuration in SAP S 4HANA: This topic encompasses Management Accounting integration, Material Ledger, Profitability Analysis, planning budgeting processes, and providing insights into configuring Management Accounting effectively.
Topic 3	Architecture Overview of Financials in SAP S 4HANA: This topic describes the technical architecture. It also focuses on the Universal Journal Architecture, Universal Journal Entry analysis, and an outline of Simple Finance Solutions.
Topic 4	Basics of SAP HANA, SAP S 4HANA and SAP Fiori: A brief overview of the SAP HANA Architecture, the S 4HANA solution, deployment, and the UI strategy with SAP Fiori are included here.
Topic 5	Financial Accounting Configuration in SAP S 4HANA: The new master data model, ledger enhancements, document splitting, posting processes, closing operations, and integration are covered in this topic.

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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q49-Q54):

NEW QUESTION # 49
Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

A. Ledger specific open item management
B. Classic open item management
C. Extended open item management
D. Reconciliation account

Answer: B,D

NEW QUESTION # 50
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. Value fields will be added to the universal journal.
B. Cost component split (COGS) can be configured in financial accounting.
C. Cost-based CO-PA can still be used in parallel.
D. Characteristics will be added to the universal journal.
E. Historical data will be enriched with characteristics by derivation.

Answer: B,C,D

NEW QUESTION # 51
Which of the following API types does SAP recommend to use to achieve clean core integrations? Note:
There are 2 correct answers to this question.

A. SOAP
B. OData
C. RFC
D. IDoc

Answer: A,B

Explanation:
Managing Clean Core

NEW QUESTION # 52
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answers to this question.

A. All errors from the previous 2 fiscal years have to be corrected.
B. Errors must be clarified, and uncritical errors can be accepted.
C. Critical errors must be resolved in the production system before Go Live.
D. All errors must be corrected before SUM (Software Update Manager) starts.

Answer: C,D

Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

NEW QUESTION # 53
In an SAP S/4HANA system, which of the following features is mandatory?

A. Material ledger
B. Margin analysis
C. Parallel ledgers
D. Actual costing

Answer: A

NEW QUESTION # 54
......

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