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SAP C_P2WFI_2023 Exam Overview:

Certification Vendor:SAP
Exam Name:SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
Exam Number:C_P2WFI_2023
Passing Score:65%
Exam Format:Multiple Choice, Multiple Response
Available Languages:English, French, Spanish, German, Japanese, Portuguese, Chinese
Exam Price:USD 534
Real Exam Qty:80 - 82
Certificate Validity Period:5 years
Related Certifications:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates
SAP Certified Associate - SAP S/4HANA Cloud, Financial Accounting
Exam Duration:180 minutes
Recommended Training:SAP S/4HANA Cloud Private Edition - Financial Accounting
Exam Registration:SAP Training & Certification Shop
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or onsite at SAP authorized training centers
Pre Condition:Recommended: completion of SAP S/4HANA Cloud Private Edition Financial Accounting training courses and practical experience; no mandatory prerequisites
Official Syllabus URL:https://training.sap.com/certification/c_p2wfi_2023-sap-certified-associate---sap-s4hana-cloud-private-edition-financial-accounting/

SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Ledger Accounting11% - 20%- Posting and document control
- Ledger concept and parallel accounting
- Chart of accounts and G/L account master data
- Periodic processing and reporting
Topic 2: Managing Clean Core<= 10%- Extensibility options in SAP S/4HANA Cloud Private Edition
- Clean core principles and implementation
Topic 3: Asset Accounting11% - 20%- Depreciation calculation and posting
- Asset reporting and year-end processing
- Asset master data and depreciation areas
- Asset acquisitions, retirements and transfers
Topic 4: Overview and Deployment of SAP S/4HANA<= 10%- SAP S/4HANA scope and deployment options
- SAP HANA architecture
Topic 5: Financial Closing Operations11% - 20%- Intercompany reconciliation and consolidation preparation
- Month-end and year-end closing activities
- Accruals and deferrals
- Foreign currency valuation and remeasurement
Topic 6: Accounts Payable & Accounts Receivable11% - 20%- Credit management and dunning
- Special G/L transactions and down payments
- Vendor and customer master data
- Invoice processing and payments
Topic 7: Organizational Assignments and Process Integration11% - 20%- Integration between financial accounting components
- Document types, number ranges and validations
- Organizational units and their assignments
- Currencies and currency settings

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  • Overview and Deployment of SAP S/4HANA (<= 10%)
  • Financial Closing Operations (11% - 20%)
  • Asset Accounting (11% - 20%)
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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

When defining a new stard ledger which action must you take to manually post a general journal entry to it?

  • A. Define the underlying ledger
  • B. Include the ledger in a ledger group
  • C. Assign the ledger to a company code
  • D. Assign a chart of accounts to the ledger
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

  • A. It is a solution embedded in the SAP S/4HANA core.
  • B. It is a solution that facilitates transaction matching between systems in Central Finance.
  • C. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
  • D. It is a solution that can be integrated with Group Reporting.
Reveal Solution  Discussion  0

Correct Answer: A,B  🗳️

Which of the following can you use to explore released APIs?

  • A. SAP Business Accelerator Hub
  • B. SAP Application Interface Framework
  • C. SAP Integration Suite
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting should then be reversed.
What account does the system use to post the valuation differences?

  • A. Adjustment G/L account for foreign currency
  • B. Individual supplier accounts with special G/L indicator
  • C. Supplier reconciliation G/L account
  • D. Alternative reconciliation G/L account
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Where can you see the matching results from the Intercompany Matching Reconciliation tool?

  • A. In an application specific table (ICADOCM)
  • B. In the Consolidation Journal table (ACDOCU)
  • C. In the Accounting Document Segment table (BSEG)
  • D. In the Universal Journal table (ACDOCA)
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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