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SAP P_S4FIN_2023 Practice Guide | Download P_S4FIN_2023 Demo

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SAP P_S4FIN_2023 Exam Syllabus Topics:

Topic
Details

Topic 1

System Preparation and Configuration for Conversion of Financials in SAP S
4HANA: This topic covers pre-conversion tests, customer-vendor integration, and FI and CO customization, ensuring a smooth transition to SAP S
4HANA Financials.

Topic 2

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 3

Managing Clean Core: This topic focuses on applying clean core principles to ERP for enhanced business process agility, reduced adaptation efforts, and accelerated innovation.

Topic 4

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.

Topic 5

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 6

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 7

Conversion and Post-conversion Activities for Financials in SAP S
4HANA: Views, master data, transaction conversion, balance conversion, and post-conversion activities are covered here, detailing the steps to transform and adjust financial data.

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q74-Q79):

NEW QUESTION # 74
Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

A. Line items with technical numbers/ no deletion possible
B. Line items with technical numbers/ deletion possible
C. Standard journal entries
D. Journal entries for valuation differences

Answer: A

NEW QUESTION # 75
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

A. Define a technical clearing account for integrated acquisitions
B. Define depreciation areas for all currency types.
C. Close all fiscal years except the current one.
D. Activate enterprise extension EA-FIN.
E. Assign accounting principles to all depreciation areas

Answer: B,C,D

NEW QUESTION # 76
Which model can be used for ABAP cloud-native development?

A. The ABAP Cloud Development Model
B. The SAP S/4HANA Cloud Extensibility Model
C. ABAP RESTful Application Programming Model

Answer: A

Explanation:
Managing Clean Core

NEW QUESTION # 77
Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

A. Additional standard ledger
B. Document splitting
C. Additional parallel currency
D. Margin analysis

Answer: C

NEW QUESTION # 78
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion.What settings must be made to ensure this? Note: There are 2 correct answers to this question.

A. Use external number ranges in the BP groupings for the conversion.
B. Use external number ranges in the customer and supplier account groups for the conversion.
C. Use internal number ranges in the customer and supplier account groups after the conversion.
D. Use internal number ranges in the BP groupings after the conversion.

Answer: A,B

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

NEW QUESTION # 79
......

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