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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.

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

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