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  • P_S4FIN_2021: SAP Certified Professional - Financials in SAP S/4HANA 2021 for SAP ERP Finance Experts

SAP P_S4FIN_2021 Exam Questions

Exam Name: SAP Certified Professional - Financials in SAP S/4HANA 2021 for SAP ERP Finance Experts
Exam Code: P_S4FIN_2021
Related Certification(s):
  • SAP Certified Professional Certifications
  • SAP Financials in SAP S/4HANA 2021 for SAP ERP Finance Experts Certifications
Certification Provider: SAP
Number of P_S4FIN_2021 practice questions in our database: 80 (updated: Dec. 16, 2024)
Expected P_S4FIN_2021 Exam Topics, as suggested by SAP :
  • Topic 1: System Preparation and Configuration for Conversion of Financials in SAP S/4HANA: In this exam section, topics covered include how to Run pre-conversion tests, ensure customer-vendor integration, and customize FI (including asset accounting) and CO for conversion.
  • Topic 2: Conversion and Post-conversion Activities for Financials in SAP S/4HANA: In this exam section, the topics covered are how to prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.
  • Topic 3: Architecture Overview of Financials in SAP S/4HANA: This section of the exam covers how to describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyze the Universal Journal Entry; outline the Simple Finance Solution.
  • Topic 4: Financial Accounting Configuration in SAP S/4HANA: In this exam section, topics covered include how to describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration.
  • Topic 5: Management Accounting Configuration in SAP S/4HANA: In this section, topics covered include how to perform customizing for Management Accounting integration, configure and use the Material Ledger, explain the integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting.
  • Topic 6: Asset Accounting Configuration in SAP S/4HANA: This exam section covers how to highlight the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting.
  • Topic 7: Basics of SAP HANA, SAP S/4HANA, and SAP Fiori: In this section of the exam, explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy.
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Stanton

11 days ago
I am happy to report that I passed the SAP Certified Professional - Financials in SAP S/4HANA 2021 exam. There was a question about the basics of SAP HANA and its integration with SAP S/4HANA. I was a bit confused about the technical details, but Pass4Success practice questions were a great help.
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Veda

24 days ago
SAP Finance certification achieved! Pass4Success really streamlined my prep process.
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Odette

26 days ago
Excited to announce that I passed the SAP Certified Professional exam! One question that puzzled me was regarding the financial accounting configuration in SAP S/4HANA. I wasn't sure about the specific configuration settings, but the practice questions from Pass4Success guided me well.
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Buddy

1 months ago
I successfully passed the SAP Certified Professional - Financials in SAP S/4HANA 2021 exam. A challenging question was about the conversion and post-conversion activities for Financials in SAP S/4HANA. I couldn't remember all the steps, but the practice questions from Pass4Success were incredibly helpful.
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Laticia

2 months ago
Phew! Made it through the S/4HANA 2021 Finance test. Couldn't have done it without Pass4Success.
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Paris

2 months ago
Just passed the SAP Certified Professional exam, and it feels great! There was a question about the system preparation and configuration for the conversion of Financials in SAP S/4HANA. I was unsure about the exact pre-requisites, but Pass4Success practice questions made a significant difference.
upvoted 0 times
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Corrina

2 months ago
I am thrilled to share that I passed the SAP Certified Professional - Financials in SAP S/4HANA 2021 exam. One of the questions that caught me off guard was related to the architecture overview of Financials in SAP S/4HANA. I wasn't sure about the specific components involved, but the practice questions from Pass4Success helped me navigate through.
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Kathryn

3 months ago
Nailed the SAP Certified Professional exam! Pass4Success materials were a huge time-saver.
upvoted 0 times
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Kenneth

3 months ago
That's great to hear! Pass4Success does provide relevant and up-to-date exam questions. Their materials can definitely help in preparing for the SAP S/4HANA Finance exam in a short time. Glad you found them useful!
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Brett

3 months ago
Having just cleared the SAP Certified Professional exam, I can say it was challenging yet rewarding. There was a tricky question about the steps involved in the Asset Accounting Configuration in SAP S/4HANA. I couldn't recall the exact sequence, but the practice questions from Pass4Success were a lifesaver.
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Aide

3 months ago
Thanks for all the advice! By the way, I used Pass4Success for my exam prep and found their questions really helpful.
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Nicolette

3 months ago
I recently passed the SAP Certified Professional - Financials in SAP S/4HANA 2021 exam, and it was quite a journey. One question that stumped me was about the key features of SAP Fiori in the context of Financials. I wasn't entirely sure about the specific applications that enhance user experience, but thanks to Pass4Success practice questions, I managed to get through.
upvoted 0 times
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Shaun

4 months ago
Just passed the SAP S/4HANA Finance exam! Thanks to Pass4Success for the spot-on practice questions.
upvoted 0 times
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Irving

5 months ago
I'm grateful for Pass4Success's comprehensive study materials, which were instrumental in my exam success.
upvoted 0 times
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Leoma

5 months ago
My exam experience for the SAP Certified Application Professional - Financials in SAP S/4HANA was successful, thanks to the practice questions provided by Pass4Success. The exam included topics on conversion and post-conversion activities for financials in SAP S/4HANA, such as preparing views and master data for conversion and conducting post-conversion activities. One question that I remember from the exam was about the conversion of transactions in SAP S/4HANA. Although I had some doubts about my answer, I was able to pass the exam.
upvoted 0 times
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Gennie

5 months ago
Passed the SAP Certified Application Professional exam with flying colors! Pass4Success materials were a game-changer. Thank you for the quick and effective prep!
upvoted 0 times
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Paola

6 months ago
Pass4Success really came through with relevant practice questions that mirrored the actual exam content.
upvoted 0 times
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Gladys

6 months ago
Successfully cleared the SAP ERP Finance Experts exam! Pass4Success provided exactly what I needed. Their questions were spot on!
upvoted 0 times
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Mertie

6 months ago
I recently passed the SAP Certified Application Professional - Financials in SAP S/4HANA exam with the help of Pass4Success practice questions. The exam covered topics such as system preparation and configuration for conversion of financials in SAP S/4HANA, including running pre-conversion tests and customizing FI and CO for conversion. One question that stood out to me was related to ensuring customer-vendor integration during the conversion process. I wasn't completely sure of the answer, but I managed to pass the exam.
upvoted 0 times
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Tyra

6 months ago
Aced the SAP Certified Application Professional exam! Pass4Success materials were a lifesaver. Couldn't have done it without their relevant questions.
upvoted 0 times
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Karan

6 months ago
Thanks to Pass4Success for their excellent exam prep materials, which helped me pass in such a short time!
upvoted 0 times
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Reuben

7 months ago
SAP S/4HANA 2021 certification in the bag! Pass4Success made it possible with their up-to-date exam content. Grateful for the efficient prep!
upvoted 0 times
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Reita

8 months ago
Just passed the SAP S/4HANA Financials exam! Thanks to Pass4Success for their spot-on practice questions. Saved me weeks of prep time!
upvoted 0 times
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Free SAP P_S4FIN_2021 Exam Actual Questions

Note: Premium Questions for P_S4FIN_2021 were last updated On Dec. 16, 2024 (see below)

Question #1

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

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Correct Answer: C

Question #2

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

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Correct Answer: C

Question #3

You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

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Correct Answer: D

Question #4

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.

Reveal Solution Hide Solution
Correct Answer: B, D

Question #5

What must you create before you can record commitments in the universal journal?

Reveal Solution Hide Solution
Correct Answer: A

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