[Jun 18, 2022] P_S4FIN_2020 Exam Dumps PDF Updated Dump from ActualTorrent Guaranteed Success [Q40-Q64]

Rate this post

[Jun 18, 2022] P_S4FIN_2020 Exam Dumps PDF Updated Dump from ActualTorrent Guaranteed Success

Pass Your SAP Exam with P_S4FIN_2020 Exam Dumps

SAP P_S4FIN_2020 Exam Description:

The ‘SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2020)’ certification exam validates a candidate’s ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA.

The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application.

SAP S/4HANA Financials Professional Certification Exam Details:

Sample Questions SAP S/4HANA Financials Professional Certification Sample Questions
Exam Name SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts
SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)
Exam Price $550 (USD)
Passing Score P_S4FIN_2020 – 60%
P_S4FIN_1909 – 61%
Number of Questions 80

SAP P_S4FIN_2020 Certification Exam Topics:

Topic Areas Topic Details, Courses, Books
Financial Accounting Configuration in SAP S/4HANA > 12%

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.
Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12%

Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities.
Asset Accounting Configuration in SAP S/4HANA 8% – 12%

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.
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12%

Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion
Architecture Overview of Financials in SAP S/4HANA > 12%

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

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.
Basics of SAP HANA, SAP S/4HANA and SAP Fiori < 8%

Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy.

 

NEW QUESTION 40
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.

 
 
 
 

NEW QUESTION 41
Which values can be posted to a specific ledger? There are 3 correct answer to this question.

 
 
 
 
 

NEW QUESTION 42
You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

 
 
 
 

NEW QUESTION 43
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?

 
 
 
 

NEW QUESTION 44
What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question

 
 
 
 

NEW QUESTION 45
Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA.
What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question

 
 
 
 

NEW QUESTION 46
Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?

 
 
 
 

NEW QUESTION 47
Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, you receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request. What is the reason? Please choose the correct answer.

 
 
 
 

NEW QUESTION 48
You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question

 
 
 
 

NEW QUESTION 49
At which level do you define that a G/L account is a secondary cost account?

 
 
 
 

NEW QUESTION 50
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

 
 
 
 
 

NEW QUESTION 51
You create a new G/L account. Which G/L account type can you assign? There are 2 correct answer to this question.

 
 
 
 

NEW QUESTION 52
What is required to enable the payment approval process in cash operations? There are 3 correct answers to this question.

 
 
 
 
 

NEW QUESTION 53
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO?

 
 
 
 

NEW QUESTION 54
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?

 
 
 
 

NEW QUESTION 55
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

 
 
 
 

NEW QUESTION 56
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question.

 
 
 
 

NEW QUESTION 57
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.

 
 
 
 

NEW QUESTION 58
You migrate a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? Note: There are 3 correct answers to this question.

 
 
 
 
 

NEW QUESTION 59
What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers

 
 
 
 

NEW QUESTION 60
After the migration to SAP S/4HANA 1809, 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?

 
 
 
 

NEW QUESTION 61
Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question.

 
 
 
 

NEW QUESTION 62
What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.

 
 
 
 
 

NEW QUESTION 63
A customer wants to store alternative values of a foreign currency valuation in an extension ledger.
What extension ledger type is needed for this purpose? Please choose the correct answer.

 
 
 
 

NEW QUESTION 64
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.

 
 
 
 
 

New Real P_S4FIN_2020 Exam Dumps Questions: https://www.actualtorrent.com/P_S4FIN_2020-questions-answers.html

Related Links: www.stes.tyc.edu.tw myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt myportal.utt.edu.tt

Related Posts

Be the first to reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Enter the text from the image below