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: Aug 13, 2026
  • Q & A: 82 Questions and Answers

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SAP C_P2WFI_2023 Exam Syllabus Topics:

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

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

1. Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.

A) Plant
B) Profit center
C) Business area
D) Segment
E) Sales organization


2. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A) Posts APC real time depreciation periodically
B) Posts to G/L in real time
C) Posts to G/L periodically
D) Does not post to G/L


3. You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?

A) Reversal method
B) Reversal reason
C) Company code
D) Document type


4. Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.

A) Line item valuation for balance sheet accounts not defined as reconciliation account
B) Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
C) Line item valuation for balance sheet accounts defined as open item management
D) Balance valuation on items for balance sheet accounts not defined as open item management


5. The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.

A) Human Capital Management
B) Contingent Workforce
C) Sales
D) Procurement
E) Travel


Solutions:

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

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