P_S4FIN_2021 SAP Certified Professional - ERP Finance Expert

The SAP Certified Application Professional - Financials in SAP S/4HANA certification validates your expertise in leading and implementing Financials in SAP S/4HANA. This certification is designed for SAP ERP Finance experts seeking to demonstrate their ability to independently manage SAP S/4HANA 2021 implementation projects.

Who Should Pursue This Certification?

This certification is ideal for professionals with at least 5 years of experience in implementing both Financial Accounting (FI) and Management Accounting (CO) within SAP systems. It's also suitable for those who want to understand the key differences and innovations in SAP S/4HANA architecture, configuration, and business process execution.

What You'll Achieve:

Upon earning this certificate, you'll be able to:

• Independently prepare for and lead SAP S/4HANA Financials implementation projects.
• Perform all necessary steps to convert an existing SAP ERP system to SAP S/4HANA.
• Understand the nuances of SAP S/4HANA's architecture and configuration.
• Act as a qualified supervisor for teams implementing Financials in SAP S/4HANA.
• Function effectively as an SAP Finance application consultant and team member.

Key Areas Covered:

The certification exam covers a range of critical topics, including:

• System Preparation & Configuration for Financials Conversion: Includes pre-conversion testing, customer-vendor integration, and customization of FI and CO for a smooth transition. (S4F03)
• Conversion & Post-Conversion Activities: Focuses on preparing views and master data, converting transactions and balances, and managing post-conversion tasks. (S4F03)
• SAP S/4HANA Financials Architecture: Covers the technical components, Universal Journal Architecture, Simple Finance Solution, and analysis of Universal Journal Entries. (S4F01, S4F02, S4F03)
• Financial Accounting (FI) Configuration: Explores new master data models, authorization changes, Universal Journal enhancements, Extension Ledger, Document Splitting, and integration with other modules. (S4F01)
• Management Accounting (CO) Configuration: Covers integration with materials management and sales & distribution, Profitability Analysis, planning, budgeting, and period-end closing. (S4F02)
• Asset Accounting (AA) Configuration: Details the features of new Asset Accounting, comparison of new and classic types, configuration, posting logic, and day-to-day activities. (S4F01)
• SAP HANA, SAP S/4HANA & SAP Fiori Basics: Understanding the architecture, deployment, and the role of SAP Fiori in the SAP UI strategy. (S4F01, S4F02, S4F03)

Exam Relevance:

This certification is relevant for both SAP S/4HANA Cloud, private edition and SAP S/4HANA on-premise deployments. The certificate is valid for 5 years from the date of issue.

Important Note: SAP reserves the right to update the exam content. The topics and their weighting are subject to change. Refer to the official SAP documentation for the most current information.