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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.

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

SAP C_S4FCF_2020 Exam Syllabus Topics:

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

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