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SAP C_S4FCF_2021 Certification Exam Topics:

Topic AreasTopic Details, Courses, Books
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.

Central Finance Landscape Architecture > 12%

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

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.

  • S4F61 (SAP S/4HANA 2021)
  • and
  • S4F601e OR S4F62e SAP LH content
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.

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.

  • S4F60 (SAP S/4HANA 2021)
  • S4F61 (SAP S/4HANA 2021)
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.

  • S4F61 (SAP S/4HANA 2021)


SAP C_S4FCF_2021 Exam Description:

The 'SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)' 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. The certificate issued for passing this exam will be valid for 5 years. This certificate is the ideal starting point for a career as a Central Finance consultant.

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SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021) Sample Questions (Q75-Q80):

NEW QUESTION # 75

What are the features of the Accounting View of Logistics (AVL) information in Central Finance? Note: There are 3 correct answers to this question.

  • A. All information from the logistics document is transferred.
  • B. Logistics information is replicated (example: sales order).
  • C. Business mapping is supported for AVL replication.
  • D. Replication is executed via SLT.
  • E. AVL information is available for real-time replication only.

Answer: B,C,D



NEW QUESTION # 76

What is used to determine the Segment field in Central Finance?

  • A. The profit center master data settings of the source system
  • B. The standard derivation logic of the target system
  • C. The SAP Master Data Governance mapping
  • D. The substitution logic of the source system

Answer: B



NEW QUESTION # 77

What does the classic Profit Center Accounting (EC-PCA) simul-ation tool do? Note: There are 2 correct answers to this question.

  • A. Carries out data mapping checks
  • B. Posts actual data in the target system
  • C. Creates mapping entries
  • D. Checks posting logic

Answer: A,D



NEW QUESTION # 78

Which types of filters can be applied for SAP Landscape Transformation? Note: There are 3 correct answers to this question.

  • A. Transfer filter
  • B. Interface filter
  • C. Role-based filter
  • D. Database trigger filter
  • E. Event-based filter

Answer: B,D,E



NEW QUESTION # 79

You plan to use Central Finance system for Collections Management and Intercompany Reconciliation. Which prerequisites must be met? Note: There are 2 correct answers to this question.

  • A. Source systems and Central Finance must use business partners.
  • B. Central payments must be activated.
  • C. Payment terms must be replicated.
  • D. Replication of open items must be used.

Answer: C,D



NEW QUESTION # 80

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