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Delivery Methods: SAP Certification
Level: Associate
Exam: 80 questions
Sample Questions: View more
Cut Score: 64%
Duration: 180 mins
Languages: German, English, Spanish
Description
The "SAP Certified Associate - Central Finance in 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. This certificate is the ideal starting point for a
career as a Central Finance consultant. This certification exam is relevant for
SAP S/4HANA Cloud, private edition and SAP S/4HANA on-premise.
Notes
To ensure success, SAP recommends combining education courses and hands-on
experience to prepare for your certification exam as questions will test your
ability to apply the knowledge you have gained in training.
You are not allowed to use any reference materials during the certification test
(no access to online documentation or to any SAP system).
Topic Areas
Please see below the list of topics that may be covered within this
certification and the courses that cover them. Its accuracy does not constitute
a legitimate claim; SAP reserves the right to update the exam content (topics,
items, weighting) at any time.
Central Finance Landscape Architecture > 12%
Define options to SAP S/4HANA Central Finance Architecture links source
systems to the central finance system. Design SLT technical integration platform
for Central Finance. Describe MDG function in Central Finance for master
harmonization. Descript AIF as interface and monitoring for Central Finance.
S4F60 (SAP S/4HANA 2021)
S4F61 (SAP S/4HANA 2021)
Real time Replication in Central Finance > 12%
Describe prerequisites to activate real time replication. Start real time
replication. Correct errors of real time replication. Explain the document flow
functionality of Central Finance. Perform document drill back from target system
to source system.
S4F61 (SAP S/4HANA 2021)
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.
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.
S4F61 (SAP S/4HANA 2021)
SAP Master Data Governance 8% - 12%
Describe MDG central governance and mass processing. Describe the general
concepts and capabilities of SAP MDG, central governance. Activate and configure
the default processes for MDG. Define MDG data models.
S4F60 (SAP S/4HANA 2021)
and
S4F61 (SAP S/4HANA 2021)
and
S4F601e OR S4F62e SAP LH content
System Landscape Transformation Server (SLT) 8% - 12%
Describe options for activating data replication and how to transfer data,
including how to change structures to source tables during replication.
Configure client specific and cross client replication. Describe starting
recording and replication.
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)
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
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)
System Integration Concepts < 8%
Describe 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.
S4F61 (SAP S/4HANA 2021)
and
S4F601e OR S4F62e SAP LH content
General Information
Exam Preparation
All SAP consultant certifications are available as Cloud Certifications in the
Certification Hub and can be booked with product code CER006. With CER006 – SAP
Certification in the Cloud, you can take up to six exams attempts of your choice
in one year – from wherever and whenever it suits you! Test dates can be chosen
and booked individually.
Each specific certification comes with its own set of preparation tactics. We
define them as "Topic Areas" and they can be found on each exam description. You
can find the number of questions, the duration of the exam, what areas you will
be tested on, and recommended course work and content you can reference.
Certification exams might contain unscored items that are being tested for
upcoming releases of the exam. These unscored items are randomly distributed
across the certification topics and are not counted towards the final score. The
total number of items of an examination as advertised in the Training Shop is
never exceeded when unscored items are used.
Please be aware that the professional- level certification also requires several
years of practical on-the-job experience and addresses real-life scenarios.
For more information refer to our SAP Certification FAQs.
Safeguarding the Value of Certification
SAP Education has worked hard together with the Certification & Enablement
Influence Council to enhance the value of certification and improve the exams.
An increasing number of customers and partners are now looking towards
certification as a reliable benchmark to safeguard their investments.
Unfortunately, the increased demand for certification has brought with it a
growing number of people who to try and attain SAP certification through unfair
means. This ongoing issue has prompted SAP Education to place a new focus on
test security. Our Certification Test Security Guidelines will help you as test
taker to understand the testing experience.
Security Guidelines
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QUESTION 1
Which master data is supported with SAP Master Data Governance, Financials (MDG-F)?
Note:
There are 2 correct answers to this question.
A. Financial planning data
B. Profit center hierarchies
C. Fixed asset master
D. General ledger accounts
Answer: A, B
QUESTION 2
A customer is preparing the Central Finance landscape. What are
considerations for SLT deployment
on existing source or target systems? Note: There are 3 correct answers to this
question.
A. There is better replication performance because there is no network
connection required to the Central Finance system.
B. SLT deployed in the source system has direct access to any data in the
Central Finance system.
C. Other source systems that are connected to SLT have no impact on the
performance and stability of the source system with deployed SLT.
D. SLT has direct access to any data in the source system.
E. Upgrades and updates of the source system with deployed SLT impact the
replication of other source systems.
Answer: A, B, D
QUESTION 3
You need to set up a central Credit Management landscape in Central Finance.
Which distribution
settings does SAP recommend to determine the credit limit? Note: There are 2
correct answers to this question.
A. Web services
B. Credit Manager Portal
C. Process Integration (PI)
D. WebDynpro
Answer: A, C
QUESTION 4
What activities are typically performed by operational teams on a daily
basis between the source
system and the Central Finance system? Note: There are 3 correct answers to this
question.
A. Check AIF monitor
B. Payment methods
C. Authorization updates
D. Exchange rates
E. Internal order mapping
Answer: A, C, D
QUESTION 5
Which transactions can you use to drill back to the source document? Note:
There are 2 correct answers to this question.
A. CO document display (KSB5)
B. SLT monitor (LTRC)
C. Change document display (FSCD)
D. FI document display (FB03)
Answer: A, D
Students Feedback / Reviews/ Discussion
Mahrous Mostafa Adel Amin 1 week, 2 days ago - Abuhib- United Arab
Emirates
Passed the exam today, Got 98 questions in total, and 2 of them weren’t from
exam topics. Rest of them was exactly the same!
upvoted 4 times
Mbongiseni Dlongolo - South Africa2 weeks, 5 days ago
Thank you so much, I passed C_S4FCF_2021 today! 41 questions out of 44 are from
Certkingdom
upvoted 2 times
Kenyon Stefanie 1 month, 1 week ago - USA State / Province = Virginia
Thank you so much, huge help! I passed C_S4FCF_2021 SAP today! The big majority
of questions were from here.
upvoted 2 times
Danny 1 month, 1 week ago - United States CUSTOMER_STATE_NAME: Costa Mesa =
USA
Passed the exam today, 100% points. Got 44 questions in total, and 3 of them
weren’t from exam topics. Rest of them was exactly the same!
MENESES RAUL 93% 2 week ago - USA = Texas
was from this topic! I did buy the contributor access. Thank you certkingdom!
upvoted 4 times
Zemljaric Rok 1 month, 2 weeks ago - Ljubljana Slovenia
Cleared my exam today - Over 80% questions from here, many thanks certkingdom
and everyone for the meaningful discussions.
upvoted 2 times