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The SAP P_S4FIN_2021 certification exam is ideal for SAP ERP Finance experts who want to upgrade their skills to SAP S/4HANA Financials. This certification is also beneficial for professionals who want to enhance their career prospects and increase their earning potential.

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The SAP P-S4FIN-2021 exam is a rigorous and comprehensive assessment of the candidate’s abilities in SAP S/4HANA financial processes. The exam focuses on topics such as financial closing, financial accounting, management accounting, and financial supply chain management. In order to pass the exam, candidates must demonstrate their understanding of these topics and their ability to apply them in various scenarios.

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q53-Q58):

NEW QUESTION # 53
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

A. Between two accounting principlesB. Between two company codesC. Between two profit centresD. Between two plants

Answer: B,C


NEW QUESTION # 54
What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question

A. Update the open items through data agingB. Fill offsetting accounts in financial documentsC. Transfer archived documents into ACDOCAD. Calculate the net due date and discount due dates for open items

Answer: B,D


NEW QUESTION # 55
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?

A. A clone of the productive system is used.B. Optimized data compression is used to minimize the data volume.C. The data from previous years is archived.D. SQL database commands are used to accelerate the migration

Answer: A


NEW QUESTION # 56
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?

A. Create a BP role for each customer and vendor account group.B. Create a BP category for each legal form maintained for customers/vendors.C. Create a BP type for each industry category in the customer/vendor accounts.D. Create a BP grouping for each customer and vendor account group.

Answer: D


NEW QUESTION # 57
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

A. Assign a segment to all G/L accountsB. Define a PA transfer structure.C. Set the zero balance indicator.D. Define a clearing account.

Answer: C,D


NEW QUESTION # 58
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