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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 in‐depth 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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SAP C_S4FCF_2020 Exam is the certification exam that validates and confirms your skills, knowledge, and abilities in SAP Accounting. This certification confirms the skills, knowledge, and abilities of an individual who has successfully completed the SAP C_S4FCF_2020 Exam after preparing with SAP C_S4FCF_2020 Dumps. SAP C_S4FCF_2020 Exam is designed to test your potential in applying the SAP Financial Consolidation application in real-world business situations. The content focuses on how you can use these applications to integrate data and monitor processes throughout your company. The exam reflects a typical job role of a Central Finance user and measures how well you can perform the required tasks. This means that it will assess your ability to work with financial consolidation data in SAP S/4HANA Finance, evaluate budget data using planning documents, analyze financial statements and prepare value-added analyses for management, provide support for end-users during their daily business processes, and so on.
| Cut Score: | 64% |
| Level: | Associate |
| Languages: | German, English |
| Sample Questions: | SAP C_S4FCF_2020 Exam Sample Question |
| Exam: | 80 questions |
| Duration: | 180 mins |
SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam is a credential for professionals who are SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam and have knowledge about the latest updates and developments in the SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam. It is a good option for earning a living and it helps a lot in getting better job opportunities. With the help of this certification, you can learn more about the working of SAP applications, especially the functions of SAP Certified Application Associate - Central Finance in the SAP S/4HANA Exam. This is also an opportunity to gain more knowledge about the latest technologies and developments of SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Initial Load in Central Finance | >12% | - Filter setup for initial load of Cost Object - Execution of FI/CO postings initial load - Error resolution for FI/CO posting initial load - Reconciliation reports execution - Validation and reconciliation definition - Error resolution for cost object initial load - Filter setup and error handling for CO internal posting |
| Topic 2: System Integration Concepts | <8% | - Communication modes and processes - Business scenarios and hierarchy - RFC configuration between systems |
| Topic 3: System Landscape Transformation Server (SLT) | 8%-12% | - Activation and data transfer options - Structure modification during replication - Client-specific and cross-client replication configuration - Starting and managing replication |
| Topic 4: Run Phase in Central Finance | <8% | - Organizational change requirements - Project phases and pilot approach - Stakeholders and success factors - Operation model and daily operations |
| Topic 5: Corporate Finance Processes supported by Central Finance | 8%-12% | - Open item management - AR/AP reporting - Centralization of finance operations - Configuration of central payments and down payments - SAP Credit Management definition and integration - Intercompany reconciliation |
| Topic 6: Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - CO-PA replication improvements - EC-PCA posting replication - Account-based CO-PA COGS and price split - Simulation tool and Profit Center comparison report - WBS elements and project structure transfer |
| Topic 7: Real Time Replication in Central Finance | 12% | - Prerequisites for activating real time replication - Error correction of real time replication - Document flow functionality - Document drill back from target to source system - Starting real time replication |
| Topic 8: Integration Technology ALE | <8% | - Logical system, message type and distribution model definition - Logical system naming and client assignment - Distribution model design - ALE vs EDI differentiation |
| Topic 9: Central Finance Landscape Architecture | 8%-12% | - Architecture options for SAP S/4HANA Central Finance - AIF as interface and monitoring tool - MDG role for master data harmonization - SLT technical integration platform |
| Topic 10: SAP Master Data Governance | 12% | - Concepts and capabilities of SAP MDG - Central governance and mass processing - MDG data models definition - Activation and configuration of MDG processes |
| Topic 11: Central Finance Setup and Configuration | 8%-12% | - Key Mapping vs Value Mapping differentiation - Scope configuration for initial load - Cost Object Mapping scenarios configuration - Mapping actions definition - Decimal places definition for currencies |
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