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SAP P_S4FIN_2023 Exam Topics

SAP P_S4FIN_2023 Exam Overview :

Exam Name: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
Exam Code: P_S4FIN_2023
Certifications: SAP Certified Professional, SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Certifications
Actual Exam Duration: 180 minutes
Expected no. of Questions in Actual Exam: 80
See Expected Questions: SAP P_S4FIN_2023 Expected Questions in Actual Exam

SAP P_S4FIN_2023 Exam Objectives :

Section Weight Objectives
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA 11% - 20% This topic covers run pre-conversion tests, perform customer-vendor integration, and customize FI (including asset accounting) and CO for conversion. These sub-topics are crucial for ensuring a smooth transition to SAP S/4HANA. They focus on preparing the system and configuration settings. This preparation is essential for the overall conversion process. It sets the stage for successful financial system migration.
Conversion and Post-conversion Activities for Financials in SAP S/4HANA 11% - 20% This topic includes prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. These sub-topics are integral to the actual conversion process. They cover essential steps during and after the conversion. Ensuring data accuracy and system functionality is critical. Post-conversion activities finalize the migration.
Architecture Overview of Financials in SAP S/4HANA 11% - 20% It describes the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture. Moreover, the topic analyzes the Universal Journal Entry; outline the Simple Finance Solution. These sub-topics explain the underlying architecture. Understanding these components is crucial for effective use. They provide insights into the technical setup. This knowledge supports better system utilization.
Financial Accounting Configuration in SAP S/4HANA 11% - 20% This topic describes the new master data maintenance model and explains the changes to authorizations. It also focuses on describing the enhancement to Ledgers with the Universal Journal, performing closing operations, and explaining Financial Accounting integration. These sub-topics focus on configuring financial accounting. They cover new features and enhancements. Effective configuration ensures accurate financial reporting. Proper setup is key to successful financial operations.
Management Accounting Configuration in SAP S/4HANA 11% - 20% It includes performing customizing for Management Accounting integration, configuring and using the Material Ledger, explaining integration of CO with materials management and integrating CO with sales and distribution. These sub-topics address management accounting. 
Basics of SAP HANA, SAP S/4HANA and SAP Fiori <= 10% This topic explains the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. These sub-topics introduce foundational concepts. Understanding SAP HANA and SAP S/4HANA is essential. They provide a basis for further learning. 
Asset Accounting Configuration in SAP S/4HANA <= 10% This topic outlines the features of new Asset Accounting. It also compares the types of Asset Accounting (new, classic). Moreover, it focuses on configuring new Asset Accounting, explaining the new Asset Accounting posting logic, and performing day to day activities in new Asset Accounting and period end closing in new Asset Accounting. These sub-topics focus on asset accounting.
Managing Clean Core <= 10% This topic focuses on evaluation and application of clean core principles to ERP so that they can maximize business process agility, reduce adaptation efforts, and accelerate innovation. These sub-topics emphasize maintaining a clean core. 
Official Information https://learning.sap.com/certifications/sap-certified-professional-financials-in-sap-s-4hana-for-sap-erp-finance-experts

Updates in the SAP P_S4FIN_2023 Exam Topics:

SAP P_S4FIN_2023 exam questions and practice test are the best ways to get fully prepared. Study4exam's trusted preparation material consists of both practice questions and practice test. To pass the actual  SAP Certified Professional P_S4FIN_2023  exam on the first attempt, you need to put in hard work on these questions as they cover all updated  SAP P_S4FIN_2023 exam topics included in the official syllabus. Besides studying actual questions, you should take the  SAP P_S4FIN_2023 practice test for self-assessment and actual exam simulation. Revise actual exam questions and remove your mistakes with the SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP P_S4FIN_2023 exam practice test. Online and Windows-based formats of the P_S4FIN_2023 exam practice test are available for self-assessment.