SAP P-S4FIN-2021 Exam Description:
PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. - - - - - - - - - - - - - - - - The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)' 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. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself. The certificate issued for passing this exam will be valid for 5 years.
SAP P-S4FIN-2021 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12% | Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. |
| Management Accounting Configuration in SAP S/4HANA > 12% | Perform customizing for Management Accounting integration, configure and use the Material Ledger, explain 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. |
| System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12% | Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion |
| Asset Accounting Configuration in SAP S/4HANA 8% - 12% | Outline 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. |
| Financial Accounting Configuration in SAP S/4HANA > 12% | 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. |
| Architecture Overview of Financials in SAP S/4HANA > 12% | Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution. |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori < 8% | Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. |
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SAP P-S4FIN-2021 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Management Accounting Configuration | > 12% | - Profitability Analysis (CO-PA) - Planning, budgeting and period-end closing - CO integration with FI and logistics - Material Ledger configuration |
| Topic 2: Asset Accounting Configuration | 8% - 12% | - New Asset Accounting architecture - Migration and configuration - Closing and reporting - Posting rules and depreciation |
| Topic 3: Financial Accounting Configuration | > 12% | - Ledger and Universal Journal configuration - Extension ledger functionality - Financial closing operations - Document splitting and posting logic |
| Topic 4: System Preparation and Configuration for Conversion | > 12% | - CO configuration adjustments - Customer-vendor integration - Pre-conversion checks and preparation - FI configuration adjustments |
| Topic 5: Architecture Overview of Financials in SAP S/4HANA | > 12% | - Universal Journal architecture - SAP HANA and SAP S/4HANA innovations - SAP Fiori for financial processes - Simple Finance concepts |
| Topic 6: Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - Technical foundations - User interface and reporting |
| Topic 7: Conversion and Post-conversion Activities | > 12% | - Adjustment and closing activities - Transaction and balance conversion - Post-conversion verification and reconciliation - Master data preparation and conversion |
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