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SAP P-S4FIN-2020 exam is a professional-level certification exam that validates the expertise of the candidates in implementing financial solutions using SAP S/4HANA. P-S4FIN-2020 exam consists of 80 questions, and the candidates are given three hours to complete it. The questions are multiple-choice and are based on real-life scenarios that finance experts face in their day-to-day job.

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SAP P-S4FIN-2020 certification exam is designed for SAP ERP finance experts who want to prove their proficiency in financial accounting and reporting in the SAP S/4HANA environment. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification validates the candidate's skills in configuring and implementing financial accounting and reporting features in SAP S/4HANA, as well as their ability to integrate financial processes with other SAP modules.

Reference: https://training.sap.com/certification/p_s4fin_2020-sap-certified-application-professional---financials-in-sap-s4hana-for-sap-erp-finance-experts-g/

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SAP P_S4FIN_2020 certification exam covers a wide range of topics, including financial accounting, management accounting, financial closing, and financial planning and analysis. P-S4FIN-2020 exam is intended to test an individual's ability to perform tasks related to these topics in SAP S/4HANA. P-S4FIN-2020 exam consists of 80 questions and has a time limit of 180 minutes.

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SAP P_S4FIN_2020 certification exam is a great opportunity for finance professionals to validate their expertise in financial management using SAP S/4HANA. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification provides a competitive advantage, enhances credibility, and opens up opportunities for career growth. It is highly recommended for finance professionals who are looking to enhance their skills and advance their careers in the finance and accounting field.

SAP P-S4FIN-2020 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Closing and Reporting- Financial Reporting
  • 1. Analytical reporting tools in S/4HANA
    • 2. Financial statement generation
      - Period End Closing
      • 1. Reconciliation procedures
        • 2. Closing cockpit processes
          Topic 2: Management Accounting (Controlling)- Cost Center Accounting
          • 1. Cost allocation and distribution
            • 2. Planning and budgeting in CO
              - Profitability Analysis
              • 1. Profit center accounting
                • 2. Margin analysis in S/4HANA
                  Topic 3: SAP S/4HANA Finance Architecture and Integration- Integration
                  • 1. Integration with logistics modules
                    • 2. Cross-module financial postings
                      - System Architecture
                      • 1. Data model simplification in S/4HANA
                        • 2. Universal Journal architecture
                          Topic 4: Financial Accounting in SAP S/4HANA- Accounts Payable and Accounts Receivable
                          • 1. Payment processing and dunning
                            • 2. Vendor and customer accounting processes
                              - General Ledger Accounting
                              • 1. Universal Journal (ACDOCA) concept
                                • 2. Chart of Accounts and ledgers in S/4HANA
                                  - Asset Accounting
                                  • 1. Asset lifecycle management
                                    • 2. Depreciation and valuation methods

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