SAP C-P2WFI-2023 Exam : 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: Jul 23, 2026
  • Q & A: 82 Questions and Answers

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SAP C-P2WFI-2023 Exam Syllabus Topics:

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

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

1. When defining a new stard ledger which action must you take to manually post a general journal entry to it?

A) Include the ledger in a ledger group
B) Assign the ledger to a company code
C) Assign a chart of accounts to the ledger
D) Define the underlying ledger


2. You want to include multiple company codes in a single payment run.
What are the prerequisites for the company codes?

A) They must belong to the same controlling area.
B) They must all belong to the same company.
C) They must have the same configuration for payment transactions.
D) They must be located in the same country.


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

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


4. Where do you assign the currency type?

A) Company
B) Accounting principle
C) Valuation area
D) Ledger


5. You perform the depreciation run for your assets. For a specific asset you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.
How do you achieve this?

A) By changing the corresponding error into a warning via configuration
B) By creating a substitution in Financial Accounting line items
C) By removing the cost center from the asset master data
D) By setting the "identical" parameter as not activated in the account assignment configuration


Solutions:

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

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