P_S4FIN_1909-SAP Certified Application Professional-Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) Practice Exam

P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909 Practice Exam

The P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) certification is designed for professionals who have proven expertise in SAP S/4HANA Financials and wish to validate their ability to implement and manage financial processes in an SAP environment. This certification demonstrates that the candidate is knowledgeable in key financial processes, including financial accounting, management accounting, asset accounting, and financial closing, and can leverage the capabilities of SAP S/4HANA to optimize financial operations within an organization.
Why is P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909 important?

• Validates advanced knowledge of SAP S/4HANA Financials for experienced finance professionals.
• Enhances career prospects in finance and accounting roles, particularly in organizations using SAP S/4HANA.
• Confirms expertise in the integration of financial processes and reporting capabilities in SAP S/4HANA.
• Provides recognition as a professional who can optimize financial processes using the latest SAP technologies.
• Aids in driving digital transformation and improved financial performance in organizations.

Who should take the P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909 Exam?

• SAP Financial Consultants
• SAP Financial Analysts
• Financial Controllers
• SAP Implementation Consultants for Finance
• Finance Business Partners
• SAP S/4HANA Finance Specialists
• Finance Managers and Directors

Skills Evaluated

Candidates taking the certification exam on the P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909 is evaluated for the following skills:

• Proficiency in configuring and managing financial accounting processes in SAP S/4HANA.
• Ability to implement management accounting practices, including planning and reporting.
• Knowledge of the integration between financial accounting (FI) and management accounting (CO).
• Skills in using SAP S/4HANA for financial closing and reporting.
• Understanding of the impact of changes in regulations on financial processes and SAP S/4HANA functionality.

P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909 Certification Course Outline
The P_S4FIN_1909 - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Certification covers the following topics -

 Section 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.

Section 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.

Section 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.

Section 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.

Section 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.

Section 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.