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

SAP C_P2WFI_2023 exam
  • Exam Code: C_P2WFI_2023
  • Exam Name: SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting
  • Updated: Aug 01, 2026
  • Q & A: 82 Questions and Answers
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SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

1. What do you configure for regrouping receivables payables?

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


2. Your organization has heard about SAP Intercompany Matching Reconciliation (ICMR) is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.

A) To trigger elimination of intercompany revenues & costs based on rules configured
B) To highlight solve intercompany data discrepancy triggering a workflow
C) To generate automatic posting to correct intercompany discrepancy
D) To generate automatic elimination of intercompany AR/AP balances


3. On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.

A) Chart of depreciation
B) Client
C) Chart of accounts
D) Company code


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


5. Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.

A) IDoc
B) OData
C) SOAP
D) RFC


Solutions:

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

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