Skip to Content

SAP S/4HANA 2021 P_S4FIN_2021: Essential Components to Migrate During SAP S/4HANA Standard Conversion

Learn about the obsolete components that require migration activities during a standard conversion to SAP S/4HANA, including Costing-based CO-PA, Special Purpose Ledger, and Classic Credit Management.

Table of Contents

Question

Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA? (Choose three.)

A. Costing-based CO-PA
B. Accrual Engine
C. Special Purpose Ledger
D. Cash Management
E. Classic Credit Management

Answer

A. Costing-based CO-PA
C. Special Purpose Ledger
E. Classic Credit Management

Explanation

During a standard conversion to SAP S/4HANA, three components become obsolete and require migration activities:

  1. Costing-based CO-PA: The costing-based Profitability Analysis (CO-PA) is replaced by the Account-based CO-PA in SAP S/4HANA. The migration involves transferring data from the costing-based CO-PA to the new account-based CO-PA.
  2. Special Purpose Ledger: The Special Purpose Ledger (SPL) is no longer supported in SAP S/4HANA. The functionality is now covered by the Universal Journal. Data from SPL needs to be migrated to the Universal Journal during the conversion process.
  3. Classic Credit Management: The Classic Credit Management component is replaced by the new SAP Credit Management in SAP S/4HANA. The migration process involves transferring data and configuration from the classic version to the new version of Credit Management.

The other two options, Accrual Engine and Cash Management, do not require migration activities during a standard conversion to SAP S/4HANA.

SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) P_S4FIN_2021 certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) P_S4FIN_2021 exam and earn SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) P_S4FIN_2021 certification.