Pass SAP Certified Application Professional P_S4FIN_2020 exam [Apr 30, 2023] Updated 82 Questions [Q47-Q63]

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Pass SAP Certified Application Professional P_S4FIN_2020 exam [Apr 30, 2023] Updated 82 Questions

SAP P_S4FIN_2020 Actual Questions and 100% Cover Real Exam Questions

SAP S/4HANA Financials Professional Certification Exam Topics:

Topic Areas Topic Details, Courses, Books Weighting
Conversion and Post-conversion Activities for Financials in SAP S/4HANA Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.

S4F03 (SAP S/4HANA 2020)

 > 12%
Basics of SAP HANA, SAP S/4HANA and SAP Fiori Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy.

S4F03 (SAP S/4HANA 2020)

 < 8%
Financial Accounting Configuration in SAP S/4HANA 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.

S4F01 (SAP S/4HANA 2020)

 > 12%
Asset Accounting Configuration in SAP S/4HANA 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.

S4F01 (SAP S/4HANA 2020)

 8% – 12%
Architecture Overview of Financials in SAP S/4HANA 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.

S4F01 (SAP S/4HANA 2020)
S4F02 (SAP S/4HANA 2020)

 > 12%
Management Accounting Configuration in SAP S/4HANA 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.

S4F02 (SAP S/4HANA 2020)

 > 12%

 

NO.47 You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

 
 
 
 
 

NO.48 What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

 
 
 
 

NO.49 You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

 
 
 
 

NO.50 In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

 
 
 
 

NO.51 You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA.
Which prerequisites must be met? Note: There are 2 correct answers to this question.

 
 
 
 

NO.52 What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation? Please choose the correct answer.

 
 
 
 

NO.53 You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question

 
 
 
 
 

NO.54 You carry forward balances for your company code and leading ledger to the new fiscal year 2021 and year What could resolve the error?

 
 
 
 

NO.55 You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.

 
 
 
 

NO.56 How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.

 
 
 
 

NO.57 For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.

 
 
 
 

NO.58 After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this? Note: There are 2 correct answers to this question.

 
 
 
 

NO.59 Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

 
 
 
 

NO.60 Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.

 
 
 
 

NO.61 What setting must be identical between the company code and controlling area? Please choose the correct answer.

 
 
 
 

NO.62 The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.

 
 
 
 

NO.63 In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question

 
 
 
 

The SAP P_S4FIN_2020 certification exam is designed for SAP ERP finance experts who want to validate their knowledge of financials in SAP S/4HANA. This exam is one of the most sought-after certifications in the SAP community and is highly regarded in the industry. The certification covers a range of topics, including financial accounting, management accounting, financial closing, and financial reporting.

 

SAP P_S4FIN_2020 Real 2023 Braindumps Mock Exam Dumps: https://www.prepawaytest.com/SAP/P_S4FIN_2020-practice-exam-dumps.html

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