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Exam Information
Official specifications published by SAP
Exam Format
180 min
80
55%
Professional
Registration
$541 USD
Pearson VUE, SAP Certification Hub, or online proctoring
English, German, Japanese, Spanish
Validity
Certification does not expire
Take the latest version exam (P-S4FIN-2023); Maintain skills through continuous learning; Participate in SAP Learning Hub
P-S4FIN-2021 Exam Topics and Domains
P-S4FIN-2021 is organized into 7 weighted domains. Expect to work with HANA Cockpit, Period-End Closing Apps, Reconciliation Tools, ABAP Development Tools, and more.
1
System Preparation and Configuration for Conversion of Financials
15%
Pre-conversion Testing and Analysis
Pre-conversion Checks and TestsCustomer-Vendor Integration (CVI)
- Execute and interpret pre-conversion tests
- Configure and activate Customer-Vendor Integration
- Prepare system for S/4HANA conversion
FI and CO Customization for Conversion
Financial Accounting (FI) CustomizationControlling (CO) Customization
- Customize FI settings for S/4HANA conversion
- Adapt CO configuration for new architecture
- Ensure compatibility with Universal Journal
2
Conversion and Post-conversion Activities
15%
Data Preparation and Migration
Views and Master Data PreparationTransaction Data Conversion
- Prepare and cleanse master data for conversion
- Convert transactional data to new data model
- Maintain data integrity throughout conversion
Balance Conversion and Validation
Balance Sheet and P&L ConversionPost-conversion Activities
- Execute balance conversion procedures
- Perform post-conversion validations
- Prepare system for productive use
3
Architecture Overview of Financials in SAP S/4HANA
15%
Technical Architecture and Components
SAP HANA Database ArchitectureS/4HANA Finance Technical Components
- Understand HANA database principles for finance
- Describe S/4HANA technical architecture
- Explain performance improvements
Universal Journal Architecture
Universal Journal Concept and StructureUniversal Journal Entry Analysis
- Explain Universal Journal architecture
- Analyze entries in Universal Journal
- Understand reporting capabilities
Simple Finance Solution Overview
Simplifications in S/4HANA Finance
- Describe Simple Finance concept
- Identify key simplifications
- Understand process improvements
4
Financial Accounting Configuration in SAP S/4HANA
15%
Master Data and Authorizations
New Master Data Maintenance ModelAuthorization Changes
- Configure new master data model
- Implement authorization changes
- Set up Fiori-based maintenance
Ledger Configuration and Document Splitting
Universal Journal and Extension LedgerDocument Splitting Configuration
- Configure ledgers and extension ledgers
- Set up document splitting
- Test and validate configuration
Closing Operations and Integration
Period-End ClosingFinancial Accounting Integration
- Perform closing operations
- Configure integration points
- Utilize closing cockpit
5
Management Accounting Configuration in SAP S/4HANA
15%
CO Integration and Material Ledger
Management Accounting IntegrationMaterial Ledger Configuration
- Configure CO integration settings
- Set up Material Ledger
- Perform actual costing
Profitability Analysis and Planning
CO-PA ConfigurationPlanning and Budgeting
- Configure Profitability Analysis
- Set up planning framework
- Implement budget controls
Period-End Closing for Management Accounting
CO Period-End Activities
- Execute CO period-end closing
- Configure closing procedures
- Troubleshoot closing issues
6
Asset Accounting Configuration in SAP S/4HANA
10%
New Asset Accounting Features
New vs Classic Asset AccountingConfiguration and Setup
- Configure new Asset Accounting
- Migrate from classic to new AA
- Set up parallel valuations
Asset Accounting Operations
Posting Logic and ProcessesDay-to-Day and Period-End Activities
- Execute asset transactions
- Run depreciation calculations
- Perform period-end activities
7
Basics of SAP HANA, SAP S/4HANA, and SAP Fiori
8%
SAP HANA Architecture
HANA Database Fundamentals
- Understand HANA architecture
- Explain in-memory benefits
- Describe data persistence
S/4HANA Solution and Deployment
S/4HANA Deployment Options
- Compare deployment options
- Understand cloud capabilities
- Plan deployment strategy
SAP Fiori and UI Strategy
Fiori User Experience
- Configure Fiori Launchpad
- Deploy Fiori apps
- Understand UX strategy
How do I earn this certification?
Passing P-S4FIN-2021 earns the SAP Certified Application Professional certification. It sits in the SAP S/4HANA Finance track.
Current Level Exams
- P-S4FIN-2023 - SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Latest version of the same certification
- P-SECAUTH-21 - SAP Certified Technology Professional - System Security and Authorizations Security expertise for Finance implementations
Next Level Options
- E-S4HCON2023 - SAP Certified Technology Specialist - SAP S/4HANA Conversion and SAP System UpgradeDeep technical expertise in S/4HANA conversions
- SAP Partner Certification - SAP Partner Center of Expertise Certification For consulting partners and implementation specialists
Alternative Paths
- C-S4CFI-2021 - SAP Certified Application Associate - SAP S/4HANA Cloud (public) - Finance Implementation Cloud-focused finance implementation path
- C-SAC-2221 - SAP Certified Application Associate - SAP Analytics Cloud Analytics and reporting expertise for Finance
- C-S4TM-2020 - SAP Certified Application Associate - Transportation Management in SAP S/4HANA Cross-functional expertise in logistics and finance
- C-BW4HANA-24 - SAP Certified Application Associate - Reporting with SAP BW/4HANA Advanced reporting capabilities for financial data
Practice with Precision
The PlanetCert Simulator mirrors the real exam environment with authentic questions and timed pressure.
How to study for this exam?
Use the official PlanetCert Practice Test alongside the study plan below to prepare efficiently for P-S4FIN-2021.
What's changed on this exam?
Current Status
- ACTIVE_BUT_SUPERSEDED
- Last content update: 2021-01-01
- Announcement date: 2023-01-01
Updates
- Universal Journal (ACDOCA) S/4HANA 2023 Extended fields and AI integration likely in next exam version • Release date: 2023-10-01
- SAP Analytics Cloud Integration 2024.Q4 Planning and analytics integration becoming exam focus • Release date: 2024-10-01
- Material Ledger Enhancements S/4HANA 2023 FPS02 Parallel valuation and transfer pricing features added • Release date: 2024-04-01
- New Asset Accounting S/4HANA 2023 Parallel depreciation areas and IFRS 16 compliance • Release date: 2023-10-01
Who should take this exam?
- 5+ years of experience implementing Financial Accounting and Management Accounting in SAP ERP
- Hands-on experience with SAP S/4HANA Finance
- Understanding of SAP HANA database concepts
- Knowledge of SAP Fiori user experience
- Completion of S4F01, S4F02, S4F03 training courses