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To pass the SAP P_S4FIN_2021 exam, candidates are required to have a deep understanding of how SAP S/4HANA functions and how it can be used to improve financial processes. It is also important to have a good understanding of financial processes, accounting principles, and financial reporting.
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The SAP P-S4FIN-2021 exam tests candidates on their knowledge of financial accounting, management accounting, and financial supply chain management in SAP S/4HANA. This includes topics such as financial closing, financial operations, and financial planning and analysis. Successful candidates will have the ability to configure and implement SAP S/4HANA solutions in these areas and will be able to provide guidance to their organizations on these topics.
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To be eligible for the SAP P_S4FIN_2021 certification exam, candidates must have a minimum of two years of experience in SAP ERP Financials and at least six months of experience in SAP S/4HANA Financial Accounting or Management Accounting. They should also have a solid understanding of business processes in financial accounting and management accounting, as well as knowledge of the latest SAP S/4HANA innovations.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Conversion and Post-conversion Activities | > 12% | - Prepare master data for conversion - Post-conversion transaction and balance conversion |
| Topic 2: Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP HANA architecture - SAP S/4HANA overview and deployment - SAP Fiori and UI strategy |
| Topic 3: Financial Accounting Configuration | > 12% | - Document splitting and ledger configuration - Master data and authorization changes |
| Topic 4: Asset Accounting Configuration | 8%–12% | - Period-end closing in new Asset Accounting - New Asset Accounting features |
| Topic 5: System Preparation and Configuration for Conversion | > 12% | - Pre-conversion tests and setup - FI and CO configuration for conversion |
| Topic 6: Architecture Overview of Financials in SAP S/4HANA | > 12% | - Universal Journal architecture - Simple Finance concepts |
| Topic 7: Management Accounting Configuration | > 12% | - Cost accounting integration - Material Ledger and profitability analysis |
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