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SAP P_S4FIN_2020 Exam Description:
The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2020)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application.
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P_S4FIN_2020 Exam Certification Details:
| Cut Score: | 60% |
| Level: | Associate |
| Duration: | 180 mins |
| Sample Questions: | SAP P_S4FIN_2020 Exam Sample Question |
| Exam: | 80 questions |
| Languages: | English |
SAP P_S4FIN_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| System Preparation and Configuration for Conversion of Financials in SAP S/4HANA | > 12% | - Pre-conversion tests - FI and Asset Accounting customizing for conversion - CO configuration for conversion - Customer-vendor integration |
| Architecture Overview of Financials in SAP S/4HANA | > 12% | - Technical components and system architecture - Universal Journal entry analysis - Evolution from Simple Finance to SAP S/4HANA - Universal Journal structure and logic |
| Financial Accounting Configuration in SAP S/4HANA | > 12% | - New master data model and authorization concepts - Ledger and Extension Ledger configuration - FI integration with other modules - Financial posting and closing processes - Document Splitting setup and usage |
| Management Accounting Configuration in SAP S/4HANA | > 12% | - Profitability Analysis (CO-PA) setup - CO integration with FI, MM, and SD - Material Ledger configuration and use - Planning, budgeting, and period-end closing in CO |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP HANA database architecture - SAP Fiori UX and UI strategy - SAP S/4HANA deployment models |
| Asset Accounting Configuration in SAP S/4HANA | 8% - 12% | - Posting logic and daily operations - Configuration of new Asset Accounting - New Asset Accounting features and differences from classic - Period-end closing for Asset Accounting |
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA | > 12% | - Prepare views and master data - Post-conversion validation and reconciliation - Convert transactional data - Convert financial balances |
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