NEW C_S4FCF_2023 TEST TEST - PASS SAP CERTIFIED ASSOCIATE - SAP S/4HANA CLOUD PRIVATE EDITION - CENTRAL FINANCE FOREVER

New C_S4FCF_2023 Test Test - Pass SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Forever

New C_S4FCF_2023 Test Test - Pass SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Forever

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SAP C_S4FCF_2023 Exam Syllabus Topics:

TopicDetails
Topic 1
  • 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 2
  • 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.
Topic 3
  • 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 4
  • System Landscape Transformation Server (SLT): This section examines options for data replication, configuration processes, and procedures for initiating recording and replication processes.
Topic 5
  • 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 6
  • 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 7
  • 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 8
  • 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.

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SAP Certified Associate - SAP S/4HANA Cloud Private Edition - Central Finance Sample Questions (Q69-Q74):

NEW QUESTION # 69
What are the implications when you activate Central Payment functionality? Note: There are 2 correct answers to this question.

  • A. Central Payment is not possible for third-party systems.
  • B. The central system becomes the book of record.
  • C. Credit limits must be maintained at the business partner level in the source system.
  • D. Invoices posted in the source system are technically cleared.

Answer: A,D


NEW QUESTION # 70
Which tool must you use to view FI/CO initial load errors?

  • A. SAP LT Replication Server cockpit
  • B. SAP Application Interface Framework
  • C. Central Finance application log
  • D. Migration cockpit

Answer: B


NEW QUESTION # 71
What are some of the advantages of using intercompany reconciliations in Central Finance? Note: There are 2 correct answers to this question.

  • A. You can manage intercompany reconciliations later in the closing process.
  • B. You can manage intercompany reconciliation using alerts and analytics.
  • C. You can eliminate long-running batch jobs for loading the data into Central Finance.
  • D. You can assign documents based on predefined and customized rules.

Answer: A,C


NEW QUESTION # 72
When do you activate the replication of WBS elements for Central Finance?

  • A. After the configuration of inbound outbound ALE
  • B. After the mapping replication of cost centers
  • C. After the initial load of FI documents
  • D. After replication is activated in SAP System Landscape Transformation (SLT)

Answer: A


NEW QUESTION # 73
Which of the following API types does SAP recommend to use to achieve clean core integrations?
Note: There are 2 correct answers to this question.

  • A. SOAP
  • B. RFC
  • C. OData
  • D. IDoc

Answer: A,C

Explanation:
Detailed Explanation: SOAP and OData APIs are recommended by SAP to achieve clean core integrations. These modern API protocols support flexible and scalable integrations while preserving the integrity of the core system.


NEW QUESTION # 74
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