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TOP New P-S4FIN-2023 Exam Prep: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP - Latest SAP New P-S4FIN-2023 Exam Objectives

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SAP P-S4FIN-2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 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
  • 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 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.

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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q11-Q16):

NEW QUESTION # 11
You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?

  • A. First interval 3, then intervals 1&2 if interval 3 is not maintained
  • B. First interval 3, then interval 1 if interval 3 is not maintained
  • C. Only interval 3, no other intervals checked if interval 3 is not maintained
  • D. First interval 3, then interval 2 if interval 3 is not maintained

Answer: C


NEW QUESTION # 12
In your system you have multiple standard ledgers.
Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

  • A. Depreciation
  • B. Accruals
  • C. Taxes
  • D. Payments
  • E. Currency valuation

Answer: A,B,E

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


NEW QUESTION # 13
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.

  • A. All errors must be corrected before SUM (Software Update Manager)starts.
  • B. All errors related to closed years can be ignored.
  • C. Critical errors must be resolved in the production system before Go Live.
  • D. Errors must be clarified, and uncritical errors can be accepted

Answer: A,C


NEW QUESTION # 14
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

  • A. Public cloud
  • B. Private cloud
  • C. Central finance
  • D. On premise

Answer: C


NEW QUESTION # 15
What do you configure to automatically create a vendor when you create a business partner? Note:
There are 2 correct answers to this question.

  • A. Business partner relationships
  • B. The business partner grouping key
  • C. The customer/vendor integration interface
  • D. The partner functions for vendors

Answer: B,C

Explanation:
Financial Accounting Configuration in SAP S/4HANA


NEW QUESTION # 16
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