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The SAP P-S4FIN-2021 exam is designed for SAP ERP finance experts who want to further their knowledge and skills in financials in SAP S/4HANA. The certification proves your expertise in financial accounting and reporting, management accounting, and financial supply chain management in the SAP S/4HANA environment. Passing this exam demonstrates your ability to leverage the latest technologies and functionalities of SAP S/4HANA to optimize financial processes and achieve business goals.

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The SAP P_S4FIN_2021 exam is ideal for SAP ERP finance experts who want to upgrade their skills to SAP S/4HANA financials. The certification provides an opportunity for professionals to enhance their knowledge and expertise in the latest technologies and methodologies in SAP S/4HANA financials. The certification also provides a competitive edge to professionals in the job market and increases their career growth opportunities.

To be eligible for this certification, candidates must have a minimum of two years of experience in SAP ERP Finance and at least one year of experience working with SAP S/4HANA Financials. Candidates must also pass the SAP Certified Application Professional - Financial Accounting (FI) with SAP ERP 6.0 EhP7 or higher certification exam before taking the SAP P-S4FIN-2021 exam. The certification exam consists of 80 multiple-choice questions, and candidates have three hours to complete the exam. Passing the exam requires a score of at least 66%.

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q27-Q32):

NEW QUESTION # 27
What must you create before you can record commitments in the universal journal?

A. Extension ledger
B. Tolerance profile
C. Statistical cost elements
D. Document type

Answer: A

NEW QUESTION # 28
What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

A. Reduced number of steps in the calculation cockpit
B. Simplified data structure with new table structure
C. Combined run for both standard and alternative valuations
D. Selection of activity prices of other CO-versions in the standard run

Answer: A

NEW QUESTION # 29
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question.

A. You can assign additional valuations to the extension ledgers.
B. You can assign additional valuations to separate accounts.
C. You can assign each valuation to a separate ledger.
D. You can assign profit center, group, and legal valuations to the same ledger.

Answer: C,D

NEW QUESTION # 30
What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question

A. Update the open items through data aging
B. Fill offsetting accounts in financial documents
C. Transfer archived documents into ACDOCA
D. Calculate the net due date and discount due dates for open items

Answer: B,D

NEW QUESTION # 31
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? Note:
There are 2 correct answers to this question.