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| Duration: | 180 mins |
| Cut Score: | 64% |
| Sample Questions: | SAP C_S4FCF_2020 Exam Sample Question |
| Languages: | German, English |
| Level: | Associate |
| Exam: | 80 questions |
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An SAP Certified Associate - SAP Central Finance in SAP S/4HANA is any person who has undergone the SAP C_S4FCF_2020 exam. This person can be a full-time employee of an organization that uses SAP software or a consultant who works with any kind of enterprise software. The main thing is that the candidate should have key knowledge in the use, configuration, and implementation of SAP in real-world scenarios. This credential will give you a competitive edge in your employment market, as it allows you to take on more complex SAP projects and provide valuable insight into your organization's financial structure. If you passed this exam, then you are one step closer to achieving your certification goal. SAP C_S4FCF_2020 Dumps is the most comprehensive official certification of SAP software.
Achieving this certification gives you a solid foundation for solutions using SAP ERP Central Component, which includes the Financial and Controlling area. To achieve this designation, you must pass two exams: one on Financial and one on Controlling.
The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020)' certification exam validates that the candidate possesses the fundamental and core knowledge required of the Central Finance profile. This certification proves that the candidate has an overall understanding and inādepth technical skills to participate as a member of a project team in a mentored role. This certification exam is recommended as an entry level qualification. It is recommended as verification the consultant is ready to contribute significantly to Central Finance implementation projects. It puts the consultant in a position to be onboarded to an implementation project quickly and to contribute to the project's success right away. This certificate is the ideal starting point for a career as a Central Finance consultant.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Run Phase in Central Finance | <8% | - Project phases and pilot approach - Operation model and daily operations - Organizational change requirements - Stakeholders and success factors |
| Topic 2: Integration Technology ALE | <8% | - Distribution model design - Logical system, message type and distribution model definition - Logical system naming and client assignment - ALE vs EDI differentiation |
| Topic 3: Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - CO-PA replication improvements - Account-based CO-PA COGS and price split - Simulation tool and Profit Center comparison report - EC-PCA posting replication - WBS elements and project structure transfer |
| Topic 4: Corporate Finance Processes supported by Central Finance | 8%-12% | - Open item management - Centralization of finance operations - SAP Credit Management definition and integration - Intercompany reconciliation - AR/AP reporting - Configuration of central payments and down payments |
| Topic 5: System Landscape Transformation Server (SLT) | 8%-12% | - Client-specific and cross-client replication configuration - Starting and managing replication - Activation and data transfer options - Structure modification during replication |
| Topic 6: SAP Master Data Governance | 12% | - Activation and configuration of MDG processes - Central governance and mass processing - MDG data models definition - Concepts and capabilities of SAP MDG |
| Topic 7: System Integration Concepts | <8% | - RFC configuration between systems - Communication modes and processes - Business scenarios and hierarchy |
| Topic 8: Real Time Replication in Central Finance | 12% | - Prerequisites for activating real time replication - Document drill back from target to source system - Error correction of real time replication - Starting real time replication - Document flow functionality |
| Topic 9: Central Finance Setup and Configuration | 8%-12% | - Cost Object Mapping scenarios configuration - Decimal places definition for currencies - Key Mapping vs Value Mapping differentiation - Mapping actions definition - Scope configuration for initial load |
| Topic 10: Initial Load in Central Finance | >12% | - Validation and reconciliation definition - Reconciliation reports execution - Error resolution for FI/CO posting initial load - Filter setup for initial load of Cost Object - Filter setup and error handling for CO internal posting - Execution of FI/CO postings initial load - Error resolution for cost object initial load |
| Topic 11: Central Finance Landscape Architecture | 8%-12% | - Architecture options for SAP S/4HANA Central Finance - MDG role for master data harmonization - AIF as interface and monitoring tool - SLT technical integration platform |
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