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What is SAP C_S4FCF_2020 Exam?
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.
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SAP C-S4FCF-2020 Exam Description:
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.
SAP C-S4FCF-2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| SAP Master Data Governance | 12% | - Central governance and mass processing - Concepts and capabilities of SAP MDG - MDG data models definition - Activation and configuration of MDG processes |
| Real Time Replication in Central Finance | 12% | - Document drill back from target to source system - Error correction of real time replication - Starting real time replication - Document flow functionality - Prerequisites for activating real time replication |
| Run Phase in Central Finance | <8% | - Project phases and pilot approach - Stakeholders and success factors - Operation model and daily operations - Organizational change requirements |
| Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - WBS elements and project structure transfer - EC-PCA posting replication - Account-based CO-PA COGS and price split - Simulation tool and Profit Center comparison report - CO-PA replication improvements |
| Integration Technology ALE | <8% | - ALE vs EDI differentiation - Logical system naming and client assignment - Distribution model design - Logical system, message type and distribution model definition |
| System Integration Concepts | <8% | - Communication modes and processes - RFC configuration between systems - Business scenarios and hierarchy |
| Initial Load in Central Finance | >12% | - Filter setup for initial load of Cost Object - Reconciliation reports execution - Filter setup and error handling for CO internal posting - Error resolution for cost object initial load - Execution of FI/CO postings initial load - Error resolution for FI/CO posting initial load - Validation and reconciliation definition |
| Central Finance Landscape Architecture | 8%-12% | - Architecture options for SAP S/4HANA Central Finance - MDG role for master data harmonization - SLT technical integration platform - AIF as interface and monitoring tool |
| Corporate Finance Processes supported by Central Finance | 8%-12% | - AR/AP reporting - Configuration of central payments and down payments - Centralization of finance operations - Intercompany reconciliation - Open item management - SAP Credit Management definition and integration |
| Central Finance Setup and Configuration | 8%-12% | - Cost Object Mapping scenarios configuration - Mapping actions definition - Decimal places definition for currencies - Scope configuration for initial load - Key Mapping vs Value Mapping differentiation |
| System Landscape Transformation Server (SLT) | 8%-12% | - Activation and data transfer options - Client-specific and cross-client replication configuration - Structure modification during replication - Starting and managing replication |
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