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What are the SAP C_S4FCF_2020 Exam objectives?

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.

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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 Format

  • Language: German, English, Spanish

  • Exam Duration: 180 mins

  • Exam Length: 80 questions

  • Exam Format: Multiple choice

  • Passing score: 64%

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How to schedule the SAP C_S4FCF_2020 Exam?

Reference: https://training.sap.com/certification/c_s4fcf_2020-sap-certified-application-associate---central-finance-in-sap-s4hana-g/

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SAP C-S4FCF-2020 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Run Phase in Central Finance<8%- Operation model and daily operations
- Organizational change requirements
- Project phases and pilot approach
- Stakeholders and success factors
Topic 2: Initial Load in Central Finance>12%- Execution of FI/CO postings initial load
- Error resolution for FI/CO posting initial load
- Filter setup and error handling for CO internal posting
- Error resolution for cost object initial load
- Validation and reconciliation definition
- Filter setup for initial load of Cost Object
- Reconciliation reports execution
Topic 3: Central Finance Landscape Architecture8%-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 4: Real Time Replication in Central Finance12%- Prerequisites for activating real time replication
- Error correction of real time replication
- Starting real time replication
- Document drill back from target to source system
- Document flow functionality
Topic 5: Central Finance Setup and Configuration8%-12%- Mapping actions definition
- Decimal places definition for currencies
- Key Mapping vs Value Mapping differentiation
- Cost Object Mapping scenarios configuration
- Scope configuration for initial load
Topic 6: System Integration Concepts<8%- Communication modes and processes
- RFC configuration between systems
- Business scenarios and hierarchy
Topic 7: Corporate Finance Processes supported by Central Finance8%-12%- Open item management
- Intercompany reconciliation
- Configuration of central payments and down payments
- Centralization of finance operations
- AR/AP reporting
- SAP Credit Management definition and integration
Topic 8: SAP Master Data Governance12%- Concepts and capabilities of SAP MDG
- Central governance and mass processing
- Activation and configuration of MDG processes
- MDG data models definition
Topic 9: Enhancements in the Controlling Area (CO-PA, WBS)<8%- WBS elements and project structure transfer
- Simulation tool and Profit Center comparison report
- Account-based CO-PA COGS and price split
- CO-PA replication improvements
- EC-PCA posting replication
Topic 10: System Landscape Transformation Server (SLT)8%-12%- Starting and managing replication
- Structure modification during replication
- Activation and data transfer options
- Client-specific and cross-client replication configuration
Topic 11: Integration Technology ALE<8%- Logical system, message type and distribution model definition
- Logical system naming and client assignment
- ALE vs EDI differentiation
- Distribution model design

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