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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.
SAP C_S4FCF_2020 Exam Overview:
| Certification Vendor: | SAP |
|---|---|
| Exam Name: | SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020) |
| Exam Number: | C_S4FCF_2020 |
| Exam Format: | Multiple choice, Multiple response |
| Related Certifications: | SAP Certified Application Associate - SAP S/4HANA Finance |
| Passing Score: | 64% |
| Exam Duration: | 180 minutes |
| Exam Price: | Around $550 USD / €500 EUR (CER006 subscription) |
| Available Languages: | Spanish, German, English |
| Certificate Validity Period: | Valid until September 28, 2023 |
| Real Exam Qty: | 80 |
| Recommended Training: | S4F60: Central Finance Basics S4F61: Central Finance Implementation S4F601: Master Data Integration |
| Exam Registration: | Pearson VUE SAP Certification Hub SAP Training Shop |
| Sample Questions: | SAP C_S4FCF_2020 Sample Questions |
| Exam Way: | Online proctored via SAP Certification Hub / Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended basic knowledge of SAP S/4HANA Finance and 1+ year of practical experience in financial accounting |
| Official Syllabus URL: | 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.
SAP C_S4FCF_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| 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 |
| Central Finance Setup and Configuration | 8%-12% | - Decimal places definition for currencies - Cost Object Mapping scenarios configuration - Key Mapping vs Value Mapping differentiation - Mapping actions definition - Scope configuration for initial load |
| SAP Master Data Governance | 12% | - Activation and configuration of MDG processes - Central governance and mass processing - Concepts and capabilities of SAP MDG - MDG data models definition |
| System Integration Concepts | <8% | - RFC configuration between systems - Communication modes and processes - Business scenarios and hierarchy |
| System Landscape Transformation Server (SLT) | 8%-12% | - Activation and data transfer options - Client-specific and cross-client replication configuration - Structure modification during replication - Starting and managing replication |
| Real Time Replication in Central Finance | 12% | - Starting real time replication - Document flow functionality - Error correction of real time replication - Prerequisites for activating real time replication - Document drill back from target to source system |
| Initial Load in Central Finance | >12% | - Filter setup and error handling for CO internal posting - Error resolution for FI/CO posting initial load - Validation and reconciliation definition - Reconciliation reports execution - Error resolution for cost object initial load - Filter setup for initial load of Cost Object - Execution of FI/CO postings initial load |
| Integration Technology ALE | <8% | - Distribution model design - Logical system naming and client assignment - ALE vs EDI differentiation - Logical system, message type and distribution model definition |
| Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - CO-PA replication improvements - WBS elements and project structure transfer - EC-PCA posting replication - Account-based CO-PA COGS and price split - Simulation tool and Profit Center comparison report |
| Run Phase in Central Finance | <8% | - Project phases and pilot approach - Stakeholders and success factors - Organizational change requirements - Operation model and daily operations |
| Corporate Finance Processes supported by Central Finance | 8%-12% | - Intercompany reconciliation - Centralization of finance operations - AR/AP reporting - SAP Credit Management definition and integration - Open item management - Configuration of central payments and down payments |
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.
SAP C_S4FCF_2020 Exam Overview:
| Certification Vendor: | SAP |
|---|---|
| Exam Name: | SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020) |
| Exam Number: | C_S4FCF_2020 |
| Exam Format: | Multiple choice, Multiple response |
| Related Certifications: | SAP Certified Application Associate - SAP S/4HANA Finance |
| Passing Score: | 64% |
| Exam Duration: | 180 minutes |
| Exam Price: | Around $550 USD / €500 EUR (CER006 subscription) |
| Available Languages: | Spanish, German, English |
| Certificate Validity Period: | Valid until September 28, 2023 |
| Real Exam Qty: | 80 |
| Recommended Training: | S4F60: Central Finance Basics S4F61: Central Finance Implementation S4F601: Master Data Integration |
| Exam Registration: | Pearson VUE SAP Certification Hub SAP Training Shop |
| Sample Questions: | SAP C_S4FCF_2020 Sample Questions |
| Exam Way: | Online proctored via SAP Certification Hub / Onsite at Pearson VUE test centers |
| Pre Condition: | No mandatory prerequisites; recommended basic knowledge of SAP S/4HANA Finance and 1+ year of practical experience in financial accounting |
| Official Syllabus URL: | 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.
SAP C_S4FCF_2020 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| 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 |
| Central Finance Setup and Configuration | 8%-12% | - Decimal places definition for currencies - Cost Object Mapping scenarios configuration - Key Mapping vs Value Mapping differentiation - Mapping actions definition - Scope configuration for initial load |
| SAP Master Data Governance | 12% | - Activation and configuration of MDG processes - Central governance and mass processing - Concepts and capabilities of SAP MDG - MDG data models definition |
| System Integration Concepts | <8% | - RFC configuration between systems - Communication modes and processes - Business scenarios and hierarchy |
| System Landscape Transformation Server (SLT) | 8%-12% | - Activation and data transfer options - Client-specific and cross-client replication configuration - Structure modification during replication - Starting and managing replication |
| Real Time Replication in Central Finance | 12% | - Starting real time replication - Document flow functionality - Error correction of real time replication - Prerequisites for activating real time replication - Document drill back from target to source system |
| Initial Load in Central Finance | >12% | - Filter setup and error handling for CO internal posting - Error resolution for FI/CO posting initial load - Validation and reconciliation definition - Reconciliation reports execution - Error resolution for cost object initial load - Filter setup for initial load of Cost Object - Execution of FI/CO postings initial load |
| Integration Technology ALE | <8% | - Distribution model design - Logical system naming and client assignment - ALE vs EDI differentiation - Logical system, message type and distribution model definition |
| Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - CO-PA replication improvements - WBS elements and project structure transfer - EC-PCA posting replication - Account-based CO-PA COGS and price split - Simulation tool and Profit Center comparison report |
| Run Phase in Central Finance | <8% | - Project phases and pilot approach - Stakeholders and success factors - Organizational change requirements - Operation model and daily operations |
| Corporate Finance Processes supported by Central Finance | 8%-12% | - Intercompany reconciliation - Centralization of finance operations - AR/AP reporting - SAP Credit Management definition and integration - Open item management - Configuration of central payments and down payments |
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