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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting : C_P2WFI_2023 Exam

C_P2WFI_2023 Exam Questions
  • Exam Code: C_P2WFI_2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Jul 26, 2026
  • Q & A: 82 Questions and Answers
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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionObjectives
Financial Accounting in SAP S/4HANA Cloud Private Edition- Accounts Payable
  • 1. Vendor master data
    • 2. Automatic payment programs
      • 3. Invoice processing and payments
        - Accounts Receivable
        • 1. Customer master data
          • 2. Incoming payments and clearing
            • 3. Dunning processes
              - General Ledger Accounting
              • 1. Financial statements and reporting
                • 2. Chart of accounts and account determination
                  • 3. Journal entries and postings
                    - Closing Operations
                    • 1. Year-end closing activities
                      • 2. Month-end closing activities
                        - SAP S/4HANA Finance Integration
                        • 1. Integration with controlling (CO)
                          • 2. Integration with logistics processes
                            - Asset Accounting
                            • 1. Asset master data management
                              • 2. Depreciation calculation
                                • 3. Asset acquisition and retirement

                                  SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

                                  1. You define the technical clearing account for Integrated Asset Acquisition in Customizing.
                                  Which prerequisites must be met? Note: There are 2 correct answers to this question.

                                  A) The account is defined in the account determination for each asset class.
                                  B) The account is defined as a reconciliation account for fixed assets.
                                  C) The account is a balance sheet account.
                                  D) The account is defined as open item managed.


                                  2. You define payment methods.
                                  Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.

                                  A) Minimum maximum payment amounts
                                  B) Payment Medium
                                  C) Foreign currency allowed
                                  D) Permitted Currencies


                                  3. You post an unplanned depreciation to an asset.
                                  What is the effect on FI-AA FI-GL?

                                  A) Posting is done in FI-AA in real time in FI-GL once the periodic posting program has run.
                                  B) Posting is done in FI-AA in FI-GL online in real time.
                                  C) Posting is done in FI-AA in real time in FI-GL once the depreciation posting program has run.
                                  D) Posting is not done in FI-AA in FI-GL until the depreciation posting program has run.


                                  4. Which object is used to directly support the preparation for consolidation?

                                  A) Ledgers/Ledger Groups
                                  B) Functional Areas
                                  C) Segments/Profit Centers
                                  D) Company/Trading Partner


                                  5. What do you configure for regrouping receivables payables?

                                  A) Valuation Method
                                  B) Calculation Method
                                  C) Sort Method
                                  D) Provision Method


                                  Solutions:

                                  Question # 1
                                  Answer: B,C
                                  Question # 2
                                  Answer: A,C
                                  Question # 3
                                  Answer: A
                                  Question # 4
                                  Answer: A
                                  Question # 5
                                  Answer: C

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