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 01, 2026
  • Q & A: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Asset Accounting11% - 20%- Perform asset transactions
- Create and maintain asset master data
- Configure depreciation areas and keys
Topic 2: Organizational Assignments and Process Integration11% - 20%- Configure validations and document types
- Manage organizational units and currencies
- Utilize reporting tools and manage number ranges
Topic 3: General Ledger Accounting> 20%- Create and maintain general ledger accounts
- Manage profit centers and segments
- Post journal entries and adjustments
Topic 4: Overview and Deployment of SAP S/4HANA<= 10%- Explain SAP HANA architecture
- Describe SAP S/4HANA scope and deployment options
Topic 5: Accounts Payable & Accounts Receivable11% - 20%- Process vendor and customer invoices
- Manage payment processes and dunning
- Handle credit management
Topic 6: Financial Closing Operations11% - 20%- Handle foreign currency valuations
- Manage accruals and deferrals
- Perform month and year-end closing in Financial Accounting

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 have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A. The WBS Element is available for input in the asset master record.
B. The WBS Element from the asset master data can be changed during planned depreciation posting.
C. The WBS Element cannot be used anymore for settlement.
D. The WBS Element can no longer be changed in the asset master record once the asset is capitalized.


Question 3

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. SOAP
C. OData
D. RFC


Question 4

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


Question 5

You notice that the GR/IR account does not have a zero balance.
What could be the cause? Note: There are 2 correct answers to this question.

A. A purchase order has a goods receipt an invoice receipt with the same quantity values.
B. A purchase order has a partial invoice receipt but not yet a goods receipt.
C. A purchase order has a partial goods receipt for which we have not yet received an invoice.
D. A purchase order has a goods receipt an invoice receipt with the same quantity but with different values.


Solutions:

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

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