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C-S4FCF-2021 Exam Certification Details:

Sample Questions: SAP C-S4FCF-2021 Exam Sample Question
Level:Associate
Duration:180 mins
Cut Score:64%
Languages:German, English
Exam:80 questions

Reference: https://training.sap.com/certification/c_s4fcf_2021-sap-certified-application-associate---central-finance-in-sap-s4hana-sap-s4hana-2021-g/

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SAP C-S4FCF-2021 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
System Landscape Transformation Server (SLT) 8% - 12%

Describe options for activating data replication and how to transfer data, including how to change structures to source tables during replication.  Configure client specific and cross client replication.  Describe starting recording and replication.

Real time Replication in Central Finance > 12%

Describe prerequisites to activate real time replication.  Start real time replication.  Correct errors of real time replication. Explain the document flow functionality of Central Finance.  Perform document drill back from target system to source system.

Run Phase in Central Finance < 8%

Design the SAP S/4 HANA Central Finance project phases.  Determine the SAP S/4HANA Central Finance pilot approach.  Describe the required organizational change with SAP S/4HANA Central Finance.  Determine the stakeholders involved in a Central Finance project.  Define the change enablers and key success factors.  Design the operation model for Central Finance, and daily operations that might be needed in Central Finance.

Initial Load in Central Finance > 12%

Describe how to set a filter for the initial load of Cost Object. Resolve errors of cost object initial load. Execute initial load of FI/CO postings.  Resolve errors of FI/CO posting initial load. Set filter for the initial load of CO internal posting, and resolve errors of CO internal posting initial load. Define validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance.

Integration Technology ALE < 8%

Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED). Define logical system or logical system name, message type, and distribution model. Designdistribution model.  Configure logical system names and assign them to clients in SAP systems.

Corporate Finance Processes supported by Central Finance 8% - 12%

Define centralization of finance operations.  Describe intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Describe AR/AP reporting in Central Finance.  Define SAP Credit Management.  Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments.

System Integration Concepts < 8%

Describe technical communications modes and processes.  Design the types of communication transfer modes. Explain business scenarios and the business hierarchy used by SAPConfigure RFC between two SAP systems, or non-SAP system.

Central Finance Landscape Architecture > 12%

Define options to SAP S/4HANA Central Finance Architecture links source systems to the central finance system.  Design SLT techchnical integration platform for Central Finance.  Describe MDG function in Central Finance for master harmonization.  Descript AIF as interface and monitoring for Central Finance.

SAP Master Data Governance 8% - 12%

Describe MDG central governance and mass processing. Describe the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG. Define MDG data models.

Central Finance Setup and Configuration 8% - 12%

Configure the scope for the initial load of FI/CO posting. Define decimal places for currencies.  Differentiate between Key Mapping and Value Mapping.  Define mapping actions for Mapping Entities. Define key mapping and value mappings. Configure Cost Object Mapping scenarios.

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SAP C-S4FCF-2021 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Run Phase in Central Finance<8%- Operations model and daily activities
- Organizational change and stakeholders
- Project phases and pilot approach
Topic 2: System Landscape Transformation Server (SLT)8%-12%- Client-specific and cross-client replication
- Activating and configuring SLT replication
- Data transfer and structure adaptation
Topic 3: System Integration Concepts<8%- RFC configuration
- Communication modes and protocols
- Cross-system communication scenarios
Topic 4: Integration Technology ALE<8%- Logical systems and message types
- ALE vs EDI concepts
- Distribution model configuration
Topic 5: SAP Master Data Governance8%-12%- MDG data models and configuration
- Mass processing and harmonization
- MDG central governance overview
Topic 6: Central Finance Landscape Architecture>12%- SLT technical integration platform design
- Architecture options connecting source systems to Central Finance
- AIF as interface and monitoring tool
- MDG function for master data harmonization
Topic 7: Initial Load in Central Finance>12%- Resolving initial load errors
- Executing initial load processes
- Setting filters for cost object and FI/CO postings
- Validation and reconciliation procedures
Topic 8: Real Time Replication in Central Finance>12%- Document flow and drill-back functionality
- Error correction for replication
- Starting and monitoring replication
- Prerequisites for activating real-time replication
Topic 9: Corporate Finance Processes supported by Central Finance8%-12%- AR/AP reporting
- Central payments and credit management
- Centralized finance operations
- Intercompany reconciliation
Topic 10: Central Finance Setup and Configuration8%-12%- Key mapping and value mapping concepts
- Configuring mapping scenarios
- Defining scope and currency settings

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