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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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Summarize important aspects of SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam
SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam is the platform for SAP which comprises a set of software and hardware components. It provides excellent integration capabilities within the SAP environment and with other systems in the enterprise. The company has certified professionals who have the ability to design, deploy and maintain SAP applications. The popularity of SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam is increasing because of its unique functionality and simplicity that makes it easy to develop business applications. SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam also enables users to integrate their ERP solution with other systems such as CRM, SCM, BI, and many more. The platform also offers advanced features such as an intuitive user interface and faster user access.
SAP C_S4FCF_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Central Finance Setup and Configuration | 8%-12% | - Scope configuration for initial load - Cost Object Mapping scenarios configuration - Key Mapping vs Value Mapping differentiation - Decimal places definition for currencies - Mapping actions definition |
| Run Phase in Central Finance | <8% | - Project phases and pilot approach - Stakeholders and success factors - Operation model and daily operations - Organizational change requirements |
| Central Finance Landscape Architecture | 8%-12% | - Architecture options for SAP S/4HANA Central Finance - SLT technical integration platform - AIF as interface and monitoring tool - MDG role for master data harmonization |
| System Landscape Transformation Server (SLT) | 8%-12% | - Structure modification during replication - Client-specific and cross-client replication configuration - Activation and data transfer options - Starting and managing replication |
| Corporate Finance Processes supported by Central Finance | 8%-12% | - AR/AP reporting - Configuration of central payments and down payments - Intercompany reconciliation - Open item management - SAP Credit Management definition and integration - Centralization of finance operations |
| Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - CO-PA replication improvements - WBS elements and project structure transfer - Simulation tool and Profit Center comparison report - Account-based CO-PA COGS and price split - EC-PCA posting replication |
| System Integration Concepts | <8% | - Business scenarios and hierarchy - RFC configuration between systems - Communication modes and processes |
| Initial Load in Central Finance | >12% | - Filter setup and error handling for CO internal posting - Error resolution for cost object initial load - Reconciliation reports execution - Error resolution for FI/CO posting initial load - Execution of FI/CO postings initial load - Filter setup for initial load of Cost Object - Validation and reconciliation definition |
| SAP Master Data Governance | 12% | - MDG data models definition - Activation and configuration of MDG processes - Concepts and capabilities of SAP MDG - Central governance and mass processing |
| Real Time Replication in Central Finance | 12% | - Error correction of real time replication - Starting real time replication - Prerequisites for activating real time replication - Document drill back from target to source system - Document flow functionality |
| 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 |
