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SAP P_S4FIN_2021 : Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
- Exam Code: P_S4FIN_2021
- Exam Name: Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
- Updated: Oct 27, 2026
About SAP P_S4FIN_2021 Exam
In 2026, retaking the P_S4FIN_2021 exam is a serious investment of money and energy, so choosing study material wisely matters more than ever. TorrentVCE helps you make every study hour count with 82 practice questions for the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam.
SAP P_S4FIN_2021 Exam Overview:
| Certification Vendor: | SAP |
|---|---|
| Exam Name: | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) |
| Exam Number: | P_S4FIN_2021 |
| Exam Format: | Multiple choice (single response), True/False, Multiple choice (multiple response) |
| Passing Score: | 55% |
| Related Certifications: | SAP Certified Application Professional Financials in SAP S/4HANA (other releases) SAP Certified Application Associate - SAP S/4HANA Financial Accounting |
| Certificate Validity Period: | 5 years |
| Available Languages: | English, Spanish, German |
| Exam Duration: | 180 minutes |
| Exam Price: | varies by region (book via SAP Certification Hub) |
| Real Exam Qty: | 80 |
| Sample Questions: |  |
| Exam Way: | Available via SAP Certification Hub (online proctored) or onsite where SAP exams are offered. |
| Pre Condition: | Candidates should have at least 5 years of experience in SAP Financial Accounting and Management Accounting, and solid understanding of SAP ERP finance processes and S/4HANA differences. |
| Official Syllabus URL: | https://learning.sap.com/certifications |
SAP P_S4FIN_2021 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Management Accounting Configuration | > 12% | - Material Ledger and profitability analysis - Cost accounting integration |
| Topic 2: Basics of SAP HANA, SAP S/4HANA and SAP Fiori | < 8% | - SAP S/4HANA overview and deployment - SAP HANA architecture - SAP Fiori and UI strategy |
| Topic 3: Conversion and Post-conversion Activities | > 12% | - Prepare master data for conversion - Post-conversion transaction and balance conversion |
| Topic 4: Architecture Overview of Financials in SAP S/4HANA | > 12% | - Universal Journal architecture - Simple Finance concepts |
| Topic 5: System Preparation and Configuration for Conversion | > 12% | - Pre-conversion tests and setup - FI and CO configuration for conversion |
| Topic 6: Financial Accounting Configuration | > 12% | - Document splitting and ledger configuration - Master data and authorization changes |
| Topic 7: Asset Accounting Configuration | 8%–12% | - Period-end closing in new Asset Accounting - New Asset Accounting features |
Common Questions from Retake Candidates
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam is scored on a scale where 55% is required to pass, and the official exam fee is varies by region (book via SAP Certification Hub).
Candidates should have at least 5 years of experience in SAP Financial Accounting and Management Accounting, and solid understanding of SAP ERP finance processes and S/4HANA differences.
You can confirm the current eligibility requirements on the official P_S4FIN_2021 exam page before you register.
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam contains 80 questions, and you will have 180 minutes minutes to complete them. Practicing under the same time pressure is one of the most effective ways to prepare for a retake.
Each of the three versions — PDF, PC test engine, and online test engine — has its own strengths, and the fastest way to find your fit is to try them. Free demos are available for every version, so download each one and compare how the questions, layout, and testing modes feel before you commit.
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The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts practice questions are organized around the official exam objectives. Key topics include:
- System Preparation and Configuration for Conversion (> 12%)
- Asset Accounting Configuration (8%–12%)
- Financial Accounting Configuration (> 12%)
Studying topic by topic helps you find the weak areas that cost you points last time.
This package includes 82 practice questions for the SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam, with verified answers reviewed by an experienced team of IT experts and certified professionals.
The SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam requires a score of 55% to pass, and the official registration fee is varies by region (book via SAP Certification Hub). Retake candidates should budget for both the exam fee and a preparation tool that is actually worth the money.
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions:
Question #1
On what level can you assign a fiscal year variant to a company code?
- A. Ledger group, for any type of ledger
- B. Ledger, forstandard ledger type
- C. Ledger, for any type of ledger
- D. Ledger group, for standard ledger type
Correct Answer: C 🗳️
Question #2
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. All errors must be corrected before SUM (Software Update Manager)starts.
- B. Critical errors must be resolved in the production system before Go Live.
- C. Errors must be clarified, and uncritical errors can be accepted
- D. All errors related to closed years can be ignored.
Correct Answer: A,B 🗳️
Question #3
You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.
- A. Margin analysis: assign different accounts (assignment of different accounts is necessary)
- B. Margin analysis: no specific customizing is necessary
- C. Costing-based CO-PA: no specific customizing is necessary
- D. Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
Correct Answer: A,D 🗳️
Question #4
Which of the following is a prerequisite to activate takeover values between depreciation areas?
- A. Depreciation areas must be assigned to the same accounting principles
- B. Takeover values are possible across all depreciation areas.
- C. Takeover values are no longer supported in SAP S/4HANA.
- D. Only one depreciation area per chart of depreciation is assigned 00.
Correct Answer: B 🗳️
Question #5
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.
- A. Characteristics will be added to the universal journal.
- B. Historical data will be enriched with characteristics by derivation
- C. Cost component split (COGS) can be configured in financial accounting.
- D. Cost-based CO-PA can still be used in parallel.
- E. Value fields will be added to the universal journal.
Correct Answer: A,C,D 🗳️
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