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SAP P_S4FIN_2021 certification exam is a valuable credential for SAP ERP finance experts who want to demonstrate their skills and knowledge in financials in SAP S/4HANA. Passing P-S4FIN-2021 exam requires a solid understanding of business processes in financial accounting and management accounting, as well as knowledge of the latest SAP S/4HANA innovations. Candidates who pass the exam will be certified as SAP Application Professionals and will receive a digital badge, which can enhance their career prospects and demonstrate their commitment to ongoing professional development.

To successfully pass the SAP P-S4FIN-2021 exam, candidates are expected to have hands-on experience working with the SAP S/4HANA system and have a deep understanding of financial processes. They should also be familiar with the configuration and customization of financial modules in the SAP S/4HANA system, as well as understand the reporting and analytics capabilities of the system.

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SAP P-S4FIN-2021 certification exam ensures that the candidate is proficient in the financials module of SAP S/4HANA. P-S4FIN-2021 exam tests the candidate's knowledge in various areas such as general ledger accounting, accounts receivable and payable, asset accounting, financial closing, and financial statements. Candidates who pass P-S4FIN-2021 exam will have a thorough understanding of the SAP S/4HANA financials module.

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q30-Q35):

NEW QUESTION # 30
You are converting your system to SAP S/4HANA. In your system you have:
Three company codes assigned to a single controlling area Controlling area is assigned to fiscal year variant K4.
Two company codes assigned to fiscal year variant K2
One company code assigned to variant K3 During conversion to SAP S/4HANA, what do you need to change?

  • A. Change all company codes to fiscal year variant K2
  • B. Change all company codes to fiscal year variant K4
  • C. Change all company codes and the controlling area to fiscal year variant K2
  • D. Change the controlling area to fiscal year variant K3.

Answer: B


NEW QUESTION # 31
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? Note: There are 3 correct answers to this question.

  • A. Authority Check
  • B. Simplification Item-Check
  • C. Custom Code Check
  • D. Global Performance Analysis
  • E. SAP Readiness Check

Answer: B,C,E


NEW QUESTION # 32
You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

  • A. Accounting principles
  • B. Document types
  • C. Ledger groups
  • D. Standard ledgers
  • E. Valuation areas (FI)

Answer: A,C,E


NEW QUESTION # 33
Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

  • A. Record types
  • B. Payment methods
  • C. Payment terms
  • D. Memo records

Answer: B


NEW QUESTION # 34
Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answers to this question.

  • A. SAP Analysis for Microsoft Office reports
  • B. Analytical List Page reports
  • C. SAP Lumira reports
  • D. Multidimensional reports

Answer: A,B


NEW QUESTION # 35
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