HERE WE LISTED SOME OF THE MOST IMPORTANT BENEFITS IN THE P-S4FIN-2023 EXAM

Here we listed some of the most important benefits in the P-S4FIN-2023 exam

Here we listed some of the most important benefits in the P-S4FIN-2023 exam

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SAP P-S4FIN-2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • Basics of SAP HANA, SAP S
  • 4HANA and SAP Fiori: A brief overview of the SAP HANA Architecture, the S
  • 4HANA solution, deployment, and the UI strategy with SAP Fiori are included here.
Topic 3
  • 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 4
  • 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 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.

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

NEW QUESTION # 74
Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

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

Answer: A


NEW QUESTION # 75
A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view table?

  • A. It is automatically extended to 999999 line items.
  • B. It is still limited to 999 line items but the system automatically aggregates at account level.
  • C. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required.
  • D. It is still limited to 999 line items but you can configure summarization on certain criteria.

Answer: D

Explanation:
Architecture Overview of Financials in SAP S/4HANA


NEW QUESTION # 76
In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

  • A. Active document splitting
  • B. Document splitting default account assignment
  • C. Document splitting inheritance
  • D. Passive document splitting

Answer: A


NEW QUESTION # 77
Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion. Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.

  • A. You must use the accounts approach to parallel valuation.
  • B. You must define valuation areas for foreign currency valuation.
  • C. You cannot configure and activate document splitting during conversion.
  • D. You must continue to use Special Purpose Ledger for preparation for consolidation.
  • E. You must configure profit center and segment accounting.

Answer: C,D,E


NEW QUESTION # 78
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

  • A. Accounting principle
  • B. Currency type
  • C. Document type
  • D. Valuation area

Answer: A,D

Explanation:
Financial Accounting Configuration in SAP S/4HANA


NEW QUESTION # 79
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