C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA Practice Exam

The C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA certification is certifies your knowledge and skills in implementing the Central Finance component within SAP S/4HANA. This certification assess your skills to configure and use the central finance architecture, as well as the processes in the SAP S/4HANA systems. It validates your skills to configure, run, and maintain the various Central Finance scenarios, for efficient financial consolidation and reporting in SAP ERP.
Why is C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA important?

• Certifies your knowledge of SAP S/4HANA’s Central Finance architecture and processes.
• Assess your skills in financial data integration from multiple systems into a centralized SAP S/4HANA system.
• Globally recognized certification from SAP
  
• Validates your financial data consolidation skills for effective reporting and decision-making.
• Increases career prospects in financial consolidation roles.

Who should take the C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA Exam?

• SAP S/4HANA Central Finance Consultants
• Financial Data Integration Specialists
• SAP Finance Consultants
• SAP System Analysts
• Solution Architects for SAP Finance
• Implementation and Support Consultants for SAP Finance
  
• Anyone interested in SAP ERP's Finance module.

Skills Evaluated

Candidates taking the certification exam on the C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA is evaluated for the following skills:

• Central Finance architecture in SAP S/4HANA.
• Central Finance components and processes configuration.
• Integrate Central Finance with source systems.
• Central Finance's data mapping and replication in SAP S/4HANA.
• Financial consolidation and reporting in SAP S/4HANA.
• Aware of SAP Landscape Transformation (SLT) and its use in Central Finance.
• Resolve issues in Central Finance deployment.

C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA Certification Course Outline

The C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA Certification covers the following topics -

The C_S4FCF_1809 - SAP Certified Application Associate - Central Finance in SAP S/4HANA Certification covers the following topics -

1. Initial Load in Central Finance > 12%

• Explain setting a filter for the initial load of SAP S/4HANA’s Cost Object. Troubleshoot cost object initial load errors. Execute initial load of FI/CO postings.  Troubleshoot errors of FI/CO posting initial load. Set filter for the SAP S/4HANA’s initial load of CO internal posting, and Troubleshoot errors of CO internal posting initial load. Outline validation and reconciliation in Central Finance. Perform reconciliation reports in Central Finance.

2. Real time Replication in Central Finance 8% - 12%

• Explain initial items to activate real time replication.  Start real time replication.  Troubleshoot errors of real time replication. Explain the document flow functionality of SAP S/4HANA’s Central Finance.  Perform document drill back from target system to source system.

3. System Landscape Transformation Server (SLT) 8% - 12%

• Explain the various options for activating SAP S/4HANA’s data replication and how to transfer data, including how to change structures to source tables during replication.  Configure client specific and cross client replication.  Explain the starting recording and replication n SAP S/4HANA.

4. SAP Master Data Governance 8% - 12%

• Explain SAP S/4HANA’s MDG central governance and mass processing. Explain the general concepts and capabilities of SAP MDG, central governance. Activate and configure the default processes for MDG in SAP S/4HANA. Outline MDG data models.

5. Central Finance Setup and Configuration 8% - 12%

• Configure the scope for the initial load of FI/CO posting in SAP S/4HANA. Outline decimal places to be used for currencies.  Differentiate between Key Mapping and Value Mapping in SAP S/4HANA.  Outline mapping actions for Mapping Entities. Outline key mapping and value mappings. Configure Cost Object Mapping scenarios in SAP S/4HANA.

6. Enhancements in the Controlling Area (CO-PA, WBS) 8% - 12%

• Explain improvements done during replicating from costing-based CO-PA into Profitability Analysis in the Universal Journal in in SAP S/4HANA. Understand account-based CO-PA COGS split in Central Finance in in SAP S/4HANA. Outline account-based CO-PA price split in Central Finance. Explain the new replication scenario for internal EC-PCA postings.  Explain the simulation tool for EC-PCA and the Profit Center comparison report. Explain how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects.

7. Corporate Finance Processes supported by Central Finance 8% - 12%

• Outline centralization of finance operations.  Explain intercompany reconciliation in Central Finance. Determine open item management in Central Finance. Configure central payments and central down payments. Explain AR/AP reporting in Central Finance.  Outline SAP Credit Management.  Explain the integration of Credit Management with Central Finance and the relationship between Credit Management and Central Payments. 

8. System Integration Concepts < 8%

• Explain 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.

9. 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.  Explain the required organizational change with SAP S/4HANA Central Finance.  Determine the stakeholders involved in a Central Finance project.  Outline the change enablers and key success factors.  Design the operation model for Central Finance, and daily operations that might be needed in Central Finance.

10. Central Finance Landscape Architecture < 8%

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

11. Integration Technology ALE < 8%

• Differentiate Application Link Enabling (ALE) from Electronic Data Interchange (ED). Outline logical system or logical system name, message type, and distribution model. Design distribution model.  Configure logical system names and assign them to clients in SAP systems.

12. Additional Features < 8%

• Describe the new replication scenario for internal EC-PCA postings.  Explain the simulation tool for EC-PCA and the Profit Center comparison report. Describe how WBS elements and project structures can be transferred to Central Finance to enable a central reporting on projects.