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The SAP modern job market is becoming more and more competitive and challenging and if you are not ready for it then you cannot pursue a rewarding career. Take a smart move right now and enroll in the SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance (C_S4FCF_2023) certification exam and strive hard to pass the SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance (C_S4FCF_2023) certification exam. The SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance (C_S4FCF_2023) certification exam offers you a unique opportunity to learn new in-demand skills and knowledge.

SAP C_S4FCF_2023 Exam Syllabus Topics:

Topic
Details

Topic 1

SAP Master Data Governance: This section of the exam covers the central governance aspects of MDG, techniques for mass processing, fundamental concepts, the process of activating default procedures, and defining the data model structure.

Topic 2

Central Finance Landscape Architecture: In this portion, exam-takers must demonstrate skills related to various architecture options, integration of the SLT platform, the role of MDG in master data harmonization, and the use of Application Interface Framework (AIF) for monitoring interfaces.

Topic 3

Initial Load in Central Finance: This section of the exam covers the process of configuring filters for the initial load of Cost Objects, addressing and resolving errors that may arise, executing financial and controlling postings, managing internal CO postings, and conducting reconciliation within the Central Finance system.

Topic 4

Managing Clean Core: This area concentrates on the application of clean core principles to enhance business process agility, minimize adaptation efforts, and accelerate innovation within the system.

Topic 5

Real-time Replication in Central Finance: In this domain, the focus is given to necessary prerequisites for implementing real-time replication, initiation of the replication process, methods for error correction, the functionality of document flow, and the capability to drill back from the target system to the source system.

Topic 6

Central Finance Setup and Configuration: In this section of the exam, the focus is on configuring the scope of the initial load, setting currency decimal places, implementing Key and Value Mapping, and exploring Cost Object Mapping scenarios.

Topic 7

Run Phase in Central Finance: In this section, the candidates must have knowledge of different project phases, implementation of a pilot approach, management of organizational change, identification of stakeholders, critical success factors, and the design of an operational model: In this section, areas discussed include the centralization of finance operations, processes for intercompany reconciliation, management of open items, implementation of central payments, reporting for accounts receivable and payable, and integration with Credit Management.

Topic 8

Integration Technology ALE: This part distinguishes Application Link Enabling (ALE) from Electronic Data Interchange (EDI), and defines concepts such as logical systems, message types, and distribution models.

Topic 9

System Integration Concepts: This part examines various technical communication modes, types of transfers, business scenarios, and the configuration of Remote Function Calls (RFC) between SAP and non-SAP systems.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q63-Q68):

NEW QUESTION # 63
How can you map internal orders from a source system to a Central Finance system?
Note: There are 2 correct answers to this question.

A. Many-to-one relationship
B. One-to-many relationship
C. One-to-one relationship
D. Many-to-many relationship

Answer: A,B

Explanation:
Detailed Explanation: Internal orders from the source system can be mapped to the Central Finance system using a one-to-many or many-to-one relationship. This flexibility ensures that the mapping aligns with the structure of the internal orders and business needs.

NEW QUESTION # 64
Which service or application does MDG provide to maintain Key Mapping one by one?

A. SAP GUI transaction
B. WebDynpro application
C. Central Finance replication
D. Cost object mapping

Answer: B

NEW QUESTION # 65
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. Credit Manager Portal
B. Web services
C. Process Integration (PI)
D. Web Dynpro

Answer: B,C

Explanation:
Detailed Explanation: SAP recommends using Process Integration (PI) and Web services to distribute and determine the credit limit in a central Credit Management landscape. These technologies allow for real-time integration and communication between systems.

NEW QUESTION # 66
You want to maintain the master data of a cost object that has already been replicated to the Central Finance system. In which system is this performed?

A. SAP System Landscape Transformation (SLT)
B. Source system
C. SAP Master Data Governance system
D. Target system

Answer: C,D

Explanation:
Detailed Explanation: Once the master data of a cost object has been replicated, any further maintenance is performed in both the SAP Master Data Governance (MDG) system and the target system. This ensures that data consistency is maintained across systems.

NEW QUESTION # 67
Which tables does SLT read during real-time replication of accounting documents and cost objects from SAP source systems? Note: There are 3 correct answers to this question.

A. Sales document header data (VBAK)
B. Accounting document header table (BKPF)
C. Order master data table (AUFK)
D. Central Finance transfer table (CFIN_ACCHD)
E. Central Finance transfer table (CFIN_ACCIT)

Answer: C,D,E

NEW QUESTION # 68
......

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