C_S4FCF_2021 : Central Finance in SAP S/4HANA 2021

Unlock Your Career in Central Finance with the SAP Certified Application Associate Certification

Looking to establish yourself as a skilled Central Finance consultant? The SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) certification is your ideal entry-level qualification. This certification validates your fundamental knowledge and core skills for working with SAP S/4HANA Central Finance, proving you possess the technical expertise to contribute effectively within a project team under mentorship.

Why Choose This Certification?

• Entry-Level Validation: Demonstrates readiness to significantly contribute to Central Finance implementation projects.
• Accelerated Onboarding: Positions you for quick onboarding and immediate impact on project success.
• Career Advancement: The perfect starting point for a successful career as a Central Finance consultant.
• Long-Term Validity: The certificate is valid for 5 years.
• Relevant to Multiple Deployments: Applicable to both SAP S/4HANA Cloud, private edition and SAP S/4HANA on-premise.

Key Topics Covered:

This certification exam covers a range of essential Central Finance topics. While SAP reserves the right to update exam content, here's a breakdown of key areas:

• Central Finance Landscape Architecture (12%):
  • Designing the architecture to connect source systems to the Central Finance system.
  • Implementing SLT (System Landscape Transformation) for technical integration.
  • Understanding the role of MDG (Master Data Governance) in Central Finance for data harmonization.
  • Utilizing AIF (Application Integration Framework) for interface and monitoring.
• Real-time Replication in Central Finance (12%):
  • Prerequisites and activation of real-time replication.
  • Troubleshooting real-time replication errors.
  • Understanding document flow functionality.
  • Performing document drill-back from target to source systems.
• Initial Load in Central Finance (12%):
  • Setting filters for initial load of Cost Objects.
  • Resolving errors during Cost Object initial load.
  • Executing initial load of FI/CO postings.
  • Troubleshooting errors in FI/CO posting initial load.
  • Defining validation and reconciliation processes.
  • Performing reconciliation reports.
• Central Finance Setup and Configuration (8-12%):
  • Configuring scope for initial load of FI/CO postings.
  • Defining decimal places for currencies.
  • Understanding Key Mapping vs. Value Mapping.
  • Defining mapping actions for Mapping Entities.
  • Configuring Key Mapping and Value Mappings.
  • Configuring Cost Object Mapping scenarios.
• SAP Master Data Governance (MDG) (8-12%):
  • Understanding MDG central governance and mass processing.
  • Exploring concepts and capabilities of SAP MDG.
  • Activating and configuring default processes for MDG.
  • Defining MDG data models.
• System Landscape Transformation Server (SLT) (8-12%):
  • Activating data replication and data transfer options.
  • Modifying source table structures during replication.
  • Configuring client-specific and cross-client replication.
  • Starting recording and replication.
• Corporate Finance Processes with Central Finance (8-12%):
  • Defining centralization of finance operations.
  • Implementing intercompany reconciliation.
  • Managing open item management.
  • Configuring central payments and central down payments.
  • Implementing AR/AP reporting.
  • Defining SAP Credit Management and its integration with Central Finance and Central Payments.
• Integration Technology (ALE & RFC) (8-12%):
  • Differentiating ALE from ED (Electronic Data Interchange).
  • Understanding logical system names, message types, and distribution models.
  • Designing distribution models and configuring logical system names.
  • Configuring RFC (Remote Function Call) between SAP and non-SAP systems.
• Run Phase in Central Finance (8-12%):
  • Understanding SAP S/4HANA Central Finance project phases.
  • Determining the Central Finance pilot approach.
  • Identifying required organizational changes