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SAP C-S4FCF-2021 Exam Description:

The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)' 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. The certificate issued for passing this exam will be valid for 5 years. This certificate is the ideal starting point for a career as a Central Finance consultant.

SAP C-S4FCF-2021 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Describe MDG function in Central Finance for master harmonization
  • Differentiate between Key Mapping and Value Mapping
Topic 2
  • Define options to SAP S
  • 4HANA Central Finance Architecture links source systems to the central finance system
  • Describe technical communications modes and processes
Topic 3
  • Explain business scenarios and the business hierarchy used by SAP Configure RFC between two SAP systems
  • Determine the SAP S
  • 4HANA Central Finance pilot approach
Topic 4
  • Describe the required organizational change with SAP S
  • 4HANA Central Finance
  • Explain the document flow functionality of Central Finance
Topic 5
  • Define validation and reconciliation in Central Finance
  • Central Finance Landscape Architecture
Topic 6
  • Describe prerequisites to activate real time replication
  • Central Finance Setup and Configuration
Topic 7
  • Configure Cost Object Mapping scenarios
  • Define mapping actions for Mapping Entities
Topic 8
  • Describe the general concepts and capabilities of SAP MDG, central governance
  • Design SLT techchnical integration platform for Central Finance
Topic 9
  • Perform document drill back from target system to source system
  • Determine the stakeholders involved in a Central Finance project


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SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Sample Questions (Q67-Q72):

NEW QUESTION # 67

Which tool must you use to view FI/CO initial load errors?

  • A. Central Finance application log
  • B. SAP Application Interface Framework
  • C. SAP LT replication server cockpit
  • D. Migration cockpit

Answer: B



NEW QUESTION # 68

Your customer has completed the initial load of FI/CO postings in a test landscape. Before starting the next test cycle, what must you do to reset the initial load? Note: There are 3 correct answers to this question.

  • A. Stop the data extraction in the target system.
  • B. Run the RCFIN_DEL_MIG report in the source system.
  • C. Delete all entries in the CFIN_SOURCE_SET table in the source system.
  • D. Delete or cancel all AIF messages with status errors.
  • E. Run the RFINS_CFIN_CLEAR_INIT_LOAD report in the target system.

Answer: B,D,E



NEW QUESTION # 69

You prepare the FI/CO initial load. For which type of accounts must you create a substitution account?

  • A. Open item managed accounts
  • B. Tax accounts
  • C. Asset reconciliation accounts
  • D. Non-operating expense or income accounts

Answer: C



NEW QUESTION # 70

Which of the following features are provided by Application Interface Framework (AIF)? Note: There are 3 correct answers to this question.

  • A. Data correction is possible for all fields
  • B. Role-based overview for business users
  • C. Message severity can be changed
  • D. Messages can be assigned to SAP transaction codes
  • E. Field labels can be shown with customized text

Answer: A,B,D



NEW QUESTION # 71

Which actions can trigger replication from the source system to the Central Finance system? Note: There are 3 correct answers to this question.

  • A. Create G/L account
  • B. Release project definition
  • C. Create settlement rules
  • D. Create EC-PCA postings
  • E. Create down payments

Answer: C,D,E



NEW QUESTION # 72

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