P_S4FIN_2020 SAP Certified Professional – Finance Expert

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. This certification exam is relevant for SAP S/4HANA Cloud, private edition and SAP S/4HANA on-premise.

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Topic Areas

Please see below the list of topics that may be covered within this certification and the courses that cover them. Its accuracy does not constitute a legitimate claim; SAP reserves the right to update the exam content (topics, items, weighting) at any time.

1. 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

   • S4F03

2. 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.

   • S4F03

3. 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. 

   • S4F01

   • S4F02

4. 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. 

   • S4F01

5. 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. 

   • S4F02

6. 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. 

   • S4F01

7. 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. 

   • S4F03

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