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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.
What are the features of the SAP C_S4FCF_2020 Exam?
The following are some of them:
- The price of the exam is quite reasonable.
- You may sit in a classroom or at home to take the exam, but you will still get the same score either way.
- The test is available in English, French, German, or Japanese.
- There is no way to cheat on this exam or get a copy of the questions and answers beforehand.
- This test is administered through computer based testing (CBT).
- It is an open-source exam, which means that the questions and answers for the exam can be accessed by anyone.
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.
SAP C-S4FCF-2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - Simulation tool and Profit Center comparison report - Account-based CO-PA COGS and price split - EC-PCA posting replication - CO-PA replication improvements - WBS elements and project structure transfer |
| Topic 2: System Integration Concepts | <8% | - RFC configuration between systems - Communication modes and processes - Business scenarios and hierarchy |
| Topic 3: Real Time Replication in Central Finance | 12% | - Prerequisites for activating real time replication - Starting real time replication - Document drill back from target to source system - Document flow functionality - Error correction of real time replication |
| Topic 4: 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 5: Integration Technology ALE | <8% | - Distribution model design - ALE vs EDI differentiation - Logical system, message type and distribution model definition - Logical system naming and client assignment |
| Topic 6: Central Finance Landscape Architecture | 8%-12% | - SLT technical integration platform - Architecture options for SAP S/4HANA Central Finance - MDG role for master data harmonization - AIF as interface and monitoring tool |
| Topic 7: Central Finance Setup and Configuration | 8%-12% | - Key Mapping vs Value Mapping differentiation - Scope configuration for initial load - Cost Object Mapping scenarios configuration - Decimal places definition for currencies - Mapping actions definition |
| Topic 8: Corporate Finance Processes supported by Central Finance | 8%-12% | - SAP Credit Management definition and integration - Configuration of central payments and down payments - AR/AP reporting - Centralization of finance operations - Open item management - Intercompany reconciliation |
| Topic 9: Initial Load in Central Finance | >12% | - Error resolution for cost object initial load - Reconciliation reports execution - Validation and reconciliation definition - Filter setup for initial load of Cost Object - Error resolution for FI/CO posting initial load - Filter setup and error handling for CO internal posting - Execution of FI/CO postings initial load |
| Topic 10: SAP Master Data Governance | 12% | - Concepts and capabilities of SAP MDG - Activation and configuration of MDG processes - MDG data models definition - Central governance and mass processing |
| Topic 11: Run Phase in Central Finance | <8% | - Stakeholders and success factors - Operation model and daily operations - Organizational change requirements - Project phases and pilot approach |
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