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SAP C-S4FCF-2020 Practice Q&A's

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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.

SAP C-S4FCF-2020 Exam Syllabus Topics:

TopicDetails
Topic 1
  • Define options to SAP S
  • 4HANA Central Finance Architecture links source systems to the central finance system
  • Activate and configure the default processes for MDG. Define MDG data models
Topic 2
  • Configure the scope for the initial load of FI
  • CO posting
  • Define decimal places for currencies
Topic 3
  • Resolve errors of cost object initial load. Execute initial load of FI
  • CO postings
  • Describe AR
  • AP reporting in Central Finance
Topic 4
  • Determine the stakeholders involved in a Central Finance project
  • Describe MDG central governance and mass processing
Topic 5
  • Resolve errors of FI
  • CO posting initial load
  • Describe intercompany reconciliation in Central Finance
Topic 6
  • Describe the required organizational change with SAP S
  • 4HANA Central Finance
  • Explain the document flow functionality of Central Finance
Topic 7
  • Describe the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments
Topic 8
  • Describe prerequisites to activate real time replication
  • Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED)
Topic 9
  • Describe how to set a filter for the initial load of Cost Object
  • Describe the general concepts and capabilities of SAP MDG, central governance

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

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