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

  • Exam Code: C_P2WFI_2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Sep 02, 2026
  • Q & A: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: General Ledger Accounting11% - 20%- Posting and document control
- Chart of accounts and G/L account master data
- Periodic processing and reporting
- Ledger concept and parallel accounting
Topic 2: Asset Accounting11% - 20%- Asset master data and depreciation areas
- Depreciation calculation and posting
- Asset reporting and year-end processing
- Asset acquisitions, retirements and transfers
Topic 3: Financial Closing Operations11% - 20%- Intercompany reconciliation and consolidation preparation
- Month-end and year-end closing activities
- Accruals and deferrals
- Foreign currency valuation and remeasurement
Topic 4: Overview and Deployment of SAP S/4HANA<= 10%- SAP HANA architecture
- SAP S/4HANA scope and deployment options
Topic 5: Organizational Assignments and Process Integration11% - 20%- Organizational units and their assignments
- Document types, number ranges and validations
- Currencies and currency settings
- Integration between financial accounting components
Topic 6: Managing Clean Core<= 10%- Extensibility options in SAP S/4HANA Cloud Private Edition
- Clean core principles and implementation
Topic 7: Accounts Payable & Accounts Receivable11% - 20%- Vendor and customer master data
- Invoice processing and payments
- Credit management and dunning
- Special G/L transactions and down payments

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

Question 1

What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.

A. It must be defined as a cost accounting valuation area type.
B. It cannot take over values from other areas.
C. It must be linked to leading ledger OL.
D. It must always post in real time.


Question 2

You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?

A. Separate documents for each every accounting principle
B. One document per accounting principle
C. One document for all accounting principles
D. One document per accounting principle & one document for all accounting principles


Question 3

In the stard sales process when is the COGS posting generated in Financial Accounting?

A. Do PGI (Post Goods Issue)
B. Create delivery document
C. Create billing document
D. Issue customer invoice


Question 4

You want to implement purchase order accruals in SAP S/4HAN
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.

A. Purchase of consumable materials
B. Purchase of raw materials for inventory
C. Purchase of fixed assets (using direct capitalization method)
D. Purchase of services


Question 5

Which date must the system determine when you enter an invoice that needs to be paid?

A. Baseline date
B. Reference date
C. Payment date
D. Order date


Solutions:

Question 1
Answer: A,D
Question 2
Answer: C
Question 3
Answer: A
Question 4
Answer: C,D
Question 5
Answer: A

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