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Exam Number: C_S4FCF_2021

Exam Title: Central Finance in SAP S/4HANA

Format: Single and Multiple Choice

Duration: 180 Minutes

Number of Questions: 80

Passing Score: 64%

Origin Provider: ExamKiller

Total Questions: 80 QAs [This file also available for C_S4FCF_2020 exam]

Type: Real Exam Questions

Guarantee: 100% Pass Guarantee

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SAP C_S4FCF_2021 Exam Objectives

Central Finance Landscape Architecture > 12%

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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