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SAP S/4HANA Central Finance Certification Exam Details:

Exam Price$550 (USD)
Duration180 mins
Sample QuestionsSAP S/4HANA Central Finance Certification Sample Questions
Passing ScoreC_S4FCF_2020 - 64%
C_S4FCF_1909 - 66%
Number of Questions80
Exam NameSAP Certified Application Associate - Central Finance in SAP S/4HANA
Schedule ExamSAP Training
Exam CodeC_S4FCF_2020
LevelAssociate
Reference BooksS4F601 (SAP S/4HANA 1909)
S4F60 (SAP S/4HANA 2020)
S4F61 (SAP S/4HANA 2020)
S4F60 (SAP S/4HANA 1909)
S4F61 (SAP S/4HANA 1909)
S4F601e

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

What are the exam requirements of the SAP C_S4FCF_2020 Exam?

To take up the SAP C_S4FCF_2020 exam, you should have at least one year of experience in finance and accounting. You should have already completed a degree program in business administration or have relevant experience in finance and accounting. The candidate should be able to work under pressure and meet deadlines. Moreover, candidates should be proficient in the use of computers. Yes, it is necessary to be conversant with basic concepts of accounting like balance sheet, income statement, profit and loss account, and cash flow statement. Candidates must also know how to use reporting tools such as SAP Easy Access or SAP Business Explorer. They must know how to use different reports from different modules like General Ledger, Accounts Receivable, Accounts Payable, Sales Orders Processing, etc. SAP C_S4FCF_2020 Dumps is designed to assess the knowledge and skills of candidates who are applying for SAP C_S4FCF_2020 Exam.

The candidates should also be aware of the various aspects of SAP ERP Financials like the core module, Controlling, or Treasury Management. They should specifically know how to use different components of a standard company such as material master data and transaction data. It is necessary to have an excellent knowledge of financial terms while preparing for this exam like accrued benefit-cost, unamortized costs, capital lease obligations, etc. Candidates should be able to prepare an income statement and balance sheet using the information retrieved from the chart.

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SAP C_S4FCF_2020 Exam Syllabus Topics:

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

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