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SAP P-S4FIN-2021 certification exam is an excellent opportunity for financial experts to upgrade their skills and validate their knowledge in financials with SAP S/4HANA. Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification exam covers a wide range of topics related to financial accounting and reporting, cash and liquidity management, accounts payable and receivable, asset accounting, and closing operations. With proper preparation, candidates can pass the exam and enhance their career opportunities.
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The P-S4FIN-2021 exam is designed to test the candidate's knowledge of SAP S/4HANA's financial management features, including general ledger, accounts payable, accounts receivable, asset accounting, and financial closing. P_S4FIN_2021 exam also covers topics such as financial planning and analysis, cash and liquidity management, and treasury and risk management. The candidate must be able to demonstrate their ability to configure and implement financial management solutions in SAP S/4HANA.
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As a Certified Application Professional in Financials in SAP S/4HANA, candidates are expected to have a thorough understanding of the financial modules of the SAP S/4HANA system, including financial accounting, management accounting, cash management, and treasury management. They are also expected to have a sound understanding of the integration of these financial modules with other SAP modules such as logistics and human resources.
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| Section | Weight | Objectives |
|---|---|---|
| Asset Accounting Configuration | 8%–12% | - Period-end closing in new Asset Accounting - New Asset Accounting features |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP S/4HANA overview and deployment - SAP HANA architecture - SAP Fiori and UI strategy |
| Management Accounting Configuration | > 12% | - Cost accounting integration - Material Ledger and profitability analysis |
| Conversion and Post-conversion Activities | > 12% | - Prepare master data for conversion - Post-conversion transaction and balance conversion |
| System Preparation and Configuration for Conversion | > 12% | - FI and CO configuration for conversion - Pre-conversion tests and setup |
| Architecture Overview of Financials in SAP S/4HANA | > 12% | - Simple Finance concepts - Universal Journal architecture |
| Financial Accounting Configuration | > 12% | - Document splitting and ledger configuration - Master data and authorization changes |
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