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SAP P_S4FIN_2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Conversion and Post-conversion Activities for Financials in SAP S 4HANA: Views, master data, transaction conversion, balance conversion, and post-conversion activities are covered here, detailing the steps to transform and adjust financial data.
Topic 2	Managing Clean Core: This topic focuses on applying clean core principles to ERP for enhanced business process agility, reduced adaptation efforts, and accelerated innovation.
Topic 3	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 4	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 5	Basics of SAP HANA, SAP S 4HANA and SAP Fiori: A brief overview of the SAP HANA Architecture, the S 4HANA solution, deployment, and the UI strategy with SAP Fiori are included here.
Topic 6	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.
Topic 7	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.

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q36-Q41):

NEW QUESTION # 36
Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion.Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.

A. You must continue to use Special Purpose Ledger for preparation for consolidation.
B. You cannot configure and activate document splitting during conversion.
C. You must define valuation areas for foreign currency valuation.
D. You must use the accounts approach to parallel valuation.
E. You must configure profit center and segment accounting.

Answer: A,B,E

Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

NEW QUESTION # 37
For which functionality is a productive material ledger a prerequisite? Note: There are 2 correct answers to this question.

A. Actual activity price determination
B. Parallel valuation for transfer pricing
C. Parallel update of the two types of profitability analysis
D. Actual costing

Answer: B,D

Explanation:
Management Accounting Configuration in SAP S/4HANA

NEW QUESTION # 38
You activate account-based CO-PA (Profitability Analysis) during migration.How is the system affected?
Note: There are 3 correct answers to this question.

A. Historical data will be enriched with characteristics by derivation.
B. Value fields will be added to the universal journal.
C. Characteristics will be added to the universal journal.
D. Cost-based CO-PA can still be used in parallel.
E. Cost component split (COGS) can be configured in financial accounting.

Answer: C,D,E

NEW QUESTION # 39
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

A. Value fields will be added to the universal journal.
B. Characteristics will be added to the universal journal.
C. Cost-based CO-PA can still be used in parallel.
D. Cost component split (COGS) can be configured in financial accounting.
E. Historical data will be enriched with characteristics by derivation

Answer: B,C,D

NEW QUESTION # 40
What setting must be identical between the company code and controlling area?

A. The posting period variant key
B. The number of posting and special periods
C. The fiscal year variant key
D. The valuation variant key

Answer: C

NEW QUESTION # 41
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