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So you are ready to take your career to the next level, and become an SAP Certified Application Associate? With our help, you can easily pass the SAP C_S4FCF_2020 (SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam) exam. In this article, we will try to make things easier for you through this comprehensive article about the exam. We will also mention some of the key areas from where you will get all that information that is required for passing the exam with flying colors. SAP C_S4FCF_2020 Dumps is an online certification program that will prepare you for the SAP Certified Application Associate (SAP C_S4FCF_2020) exam.

Certification Topics of SAP C_S4FCF_2020 Exam

  • Enhancements in the Controlling Area (CO-PA, WBS) - 8%
  • Integration Technology ALE - 8%
  • SAP Master Data Governance - 12%
  • Real time Replication in Central Finance - 12%
  • Corporate Finance Processes supported by Central Finance8% - 12%
  • System Landscape Transformation Server (SLT)8% - 12%
  • Run Phase in Central Finance - 8%
  • Initial Load in Central Finance - 12%
  • Central Finance Landscape Architecture8% - 12%
  • System Integration Concepts - 8%
  • Central Finance Setup and Configuration8% - 12%

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

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

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