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P_S4FIN_2023 Dumps - SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Practice Exam Questions

SAP P_S4FIN_2023 - SAP Certified Professional Practice Exam

  • Certification Provider:SAP
  • Exam Code:P_S4FIN_2023
  • Exam Name:SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
  • Certification Name:SAP Certified Professional
  • Total Questions:80 Questions and Answers With Detailed Explanations
  • Updated on:Based on the current P_S4FIN_2023 exam blueprint. Updated on Nov 27, 2025
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SAP P_S4FIN_2023 This Week Results

P_S4FIN_2023 Question and Answers

Question # 1

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

Options:

A.  

Depreciation for the new year must be recalculated (transaction AFAR).

B.  

All depreciation (transaction AFAB) up to that point must be posted.

C.  

Fiscal year change program must have been executed (transaction FAA_CMP).

D.  

All APC values must have been posted using report "Periodic Asset Postings".

Discussion 0
Question # 2

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

Options:

A.  

Set the zero balance indicator.

B.  

Define a PA transfer structure.

C.  

Define a clearing account.

D.  

Assign a segment to all G/L accounts

Discussion 0
Question # 3

In an SAP S/4HANA system, which of the following features is mandatory?

Options:

A.  

Material ledger

B.  

Parallel ledgers

C.  

Actual costing

D.  

Margin analysis

Discussion 0

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P_S4FIN_2023 FAQs

SAP S/4HANA Cloud is an enterprise resource planning (ERP) suite designed for businesses to manage their financials, operations, and various business functions on the cloud using real-time data processing.

SAP S/4HANA is the next-generation ERP suite, offering enhanced performance, real-time data processing, and an improved user interface compared to SAP ERP, which was more on-premise and less flexible.

SAP Fiori provides a modern and responsive user experience (UX) for SAP applications, offering a simple and intuitive design for mobile and desktop users.

Its ability to process data in real-time, modernize business operations, and streamline processes across various business functions like finance, supply chain, and sales makes it highly popular.

The Universal Journal combines financial accounting, management accounting, and other financial functions into one centralized table, simplifying data structure and improving reporting.

Yes, SAP S/4HANA Cloud supports integration with various third-party systems, including legacy SAP systems, cloud applications, and third-party services.

Cloud deployment offers benefits like reduced infrastructure costs, scalability, faster updates, and flexibility, allowing businesses to innovate and adapt quickly.

SAP S/4HANA enables business agility by providing real-time insights, reducing process complexity, and allowing quick adjustments to business needs.

Yes, SAP S/4HANA Cloud is designed to handle complex financial processes like general ledger management, accounts payable, accounts receivable, and more.

It provides real-time data processing, an integrated reporting tool, and access to detailed financial insights that simplify and speed up financial reporting.

A clean core refers to minimizing customizations in SAP S/4HANA, keeping the system closer to its standard configuration, which makes updates and upgrades easier and faster.

SAP provides tools to measure and reduce carbon footprints, manage supply chain sustainability, and enhance transparency in business operations.

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