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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.
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The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2020)' 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. This certificate is the ideal starting point for a career as a Central Finance consultant.
| Section | Objectives |
|---|---|
| Financial Processes in Central Finance | - General ledger integration - Controlling integration scenarios - Accounts receivable and accounts payable integration |
| Mapping and Master Data Management | - Value mapping framework - Business partner and master data mapping |
| Central Finance Architecture | - Integration with SAP S/4HANA - System landscape and deployment options - Central Finance design principles |
| Reporting and Analytics | - Central Finance reporting capabilities - SAP Fiori analytical apps |
| Reconciliation and Monitoring | - Reconciliation tools and processes - Error handling and monitoring (AIF monitoring) |
| Data Replication and Integration | - SAP Landscape Transformation (SLT) - Application Interface Framework (AIF) - Replication of financial accounting data |
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