SAP C_S4FCF_2021 Exam Questions : SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)

Exam Code: C_S4FCF_2021
Exam Name: SAP Certified Application Associate - Central Finance in SAP S/4HANA (SAP S/4HANA 2021)
Updated: Sep 03, 2026
Q&As: 82 Questions and Answers

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C_S4FCF_2021 Exam Certification Details:

Cut Score:	64%
Languages:	German, English
Duration:	180 mins
Exam:	80 questions
Sample Questions:	SAP C_S4FCF_2021 Exam Sample Question
Level:	Associate

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.

Reference: https://training.sap.com/certification/c_s4fcf_2021-sap-certified-application-associate---central-finance-in-sap-s4hana-sap-s4hana-2021-g/

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SAP C_S4FCF_2021 Certification Exam Topics:

Topic Areas	Topic Details, Courses, Books
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.
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
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)
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)
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
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. S4F60 (SAP S/4HANA 2021) S4F61 (SAP S/4HANA 2021)
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)
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)
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

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