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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.
| Exam Name | SAP Certified Application Associate - Central Finance in SAP S/4HANA |
| Reference Books | S4F601 (SAP S/4HANA 1909) S4F60 (SAP S/4HANA 2020) S4F61 (SAP S/4HANA 2020) S4F60 (SAP S/4HANA 1909) S4F61 (SAP S/4HANA 1909) S4F601e |
| Number of Questions | 80 |
| Duration | 180 mins |
| Exam Code | C_S4FCF_2020 |
| Sample Questions | SAP S/4HANA Central Finance Certification Sample Questions |
| Schedule Exam | SAP Training |
| Level | Associate |
| Passing Score | C_S4FCF_2020 - 64% C_S4FCF_1909 - 66% |
| Exam Price | $550 (USD) |
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| Section | Weight | Objectives |
|---|---|---|
| Run Phase in Central Finance | <8% | - Stakeholders and success factors - Project phases and pilot approach - Organizational change requirements - Operation model and daily operations |
| Central Finance Setup and Configuration | 8%-12% | - Cost Object Mapping scenarios configuration - Decimal places definition for currencies - Scope configuration for initial load - Mapping actions definition - Key Mapping vs Value Mapping differentiation |
| Real Time Replication in Central Finance | 12% | - Error correction of real time replication - Starting real time replication - Document drill back from target to source system - Prerequisites for activating real time replication - Document flow functionality |
| SAP Master Data Governance | 12% | - Central governance and mass processing - Concepts and capabilities of SAP MDG - Activation and configuration of MDG processes - MDG data models definition |
| System Landscape Transformation Server (SLT) | 8%-12% | - Structure modification during replication - Starting and managing replication - Activation and data transfer options - Client-specific and cross-client replication configuration |
| Enhancements in the Controlling Area (CO-PA, WBS) | <8% | - Simulation tool and Profit Center comparison report - EC-PCA posting replication - Account-based CO-PA COGS and price split - WBS elements and project structure transfer - CO-PA replication improvements |
| Central Finance Landscape Architecture | 8%-12% | - AIF as interface and monitoring tool - SLT technical integration platform - MDG role for master data harmonization - Architecture options for SAP S/4HANA Central Finance |
| System Integration Concepts | <8% | - Business scenarios and hierarchy - RFC configuration between systems - Communication modes and processes |
| Initial Load in Central Finance | >12% | - Reconciliation reports execution - Filter setup for initial load of Cost Object - Error resolution for cost object initial load - Error resolution for FI/CO posting initial load - Execution of FI/CO postings initial load - Validation and reconciliation definition - Filter setup and error handling for CO internal posting |
| Integration Technology ALE | <8% | - Logical system, message type and distribution model definition - Logical system naming and client assignment - Distribution model design - ALE vs EDI differentiation |
| Corporate Finance Processes supported by Central Finance | 8%-12% | - SAP Credit Management definition and integration - Intercompany reconciliation - Configuration of central payments and down payments - Open item management - Centralization of finance operations - AR/AP reporting |
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