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SAP P-S4FIN-2020 certification exam is a challenging exam that requires a lot of preparation and dedication. To succeed in the exam, candidates should have a strong understanding of SAP S/4HANA for financials, including financial accounting, management accounting, financial supply chain management, and financial closing.

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

SAP P-S4FIN-2020 certification exam is a globally recognized certification for financial experts who want to validate their advanced knowledge of SAP Financials in SAP S/4HANA. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts certification exam tests the candidate's ability to implement financial solutions using SAP S/4HANA, including configuration, customization, and integration with other SAP modules. P_S4FIN_2020 exam also evaluates the candidate's understanding of financial processes and best practices in SAP S/4HANA.

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SAP P_S4FIN_2020 Exam Syllabus Topics:

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

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