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SAP P-S4FIN-2020 exam covers a range of topics related to financials in SAP S/4HANA, including financial accounting, management accounting, cash management, financial planning and analysis, and more. To pass P_S4FIN_2020 exam, candidates will need to demonstrate a deep understanding of these topics, as well as practical experience working with SAP S/4HANA.

SAP P_S4FIN_2020 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
Financial Accounting Configuration in SAP S/4HANA > 12%

Describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration.

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.

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.

Asset Accounting Configuration in SAP S/4HANA 8% - 12%

Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting.

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

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.

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.

The SAP P_S4FIN_2020 exam is a computer-based test, consisting of 80 multiple-choice questions. Candidates have four hours to complete the exam and must achieve a minimum score of 68% to pass. P_S4FIN_2020 exam is offered in multiple languages and can be taken at any authorized SAP testing center.

SAP P-S4FIN-2020 or the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam is mainly designed for finance professionals to evaluate their skills and knowledge in the latest SAP S/4HANA processes and functionalities. With the advancements in technology, SAP S/4HANA is rapidly gaining momentum, and finance professionals need to be up-to-date with the changes in its financial landscape. P_S4FIN_2020 exam assesses their proficiency in handling key financial processes such as accounts payable and receivables, financial accounting, asset accounting, financial closing, and other major areas of financial management.

Reference: https://training.sap.com/certification/p_s4fin_2020-sap-certified-application-professional---financials-in-sap-s4hana-for-sap-erp-finance-experts-g/

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