Exam Code: C-S4CFI-1905
Exam Name: SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation
Certification Provider: SAP
Corresponding Certification: SAP Certified Application Associate
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SAP C-S4CFI-1905 Exam Syllabus Topics:

SectionWeightObjectives
Financial Accounting Overview and Configuration20%- General Ledger Accounting
  • 1. Ledgers and Fiscal Year
    • 2. Posting Periods
      • 3. Chart of Accounts
        - Organizational Structures
        • 1. Company Code
          • 2. Functional Area
            • 3. Business Area
              Management Accounting15%- Cost Center Accounting
              - Profit Center Accounting
              - Internal Orders
              Accounts Payable & Receivable25%- Accounts Payable Processes
              • 1. Invoice Processing
                • 2. Payment Runs
                  • 3. Vendor Master Data
                    - Accounts Receivable Processes
                    • 1. Customer Master Data
                      • 2. Invoice and Credit Memo
                        • 3. Receivables Management
                          Integration and Data Migration10%- Data Migration Tools
                          - Scope and Configuration
                          - Integration with Other Modules
                          Asset Accounting15%- Depreciation and Valuation
                          - Asset Master Data
                          - Asset Transactions
                          • 1. Acquisitions
                            • 2. Transfers
                              • 3. Retirements
                                Financial Closing and Reporting15%- Period-End Closing
                                - Reporting Tools
                                - Financial Statements

                                SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation Sample Questions:

                                Your company is purchasing an office building in Hamburg. Create an asset master record in asset class
                                1100 (Buildings) with the description, Office building Hamburg ##. In Germany, buildings have a tax useful life of 25 years.
                                Create an asset master record and assign the new office building to cost center 10101750 ?
                                Note: There are 2 correct answers to this question.

                                • A. In the list of values shown, choose your Asset Number (select the value in the Asset column).
                                • B. On the Create Asset: Initial screen, enter the asset class, company code, and the number of similar assets, using the values in the table.
                                • C. On the Asset 1000XX pop-up, choose the option Define Links and select Display Asset. Choose Ok.
                                • D. On the SAP Fiori Launchpad, in the Master Data group of the Launchpad, choose the Create Asset Master Record tile.
                                Reveal Solution  Discussion  0

                                Correct Answer: B,D  🗳️

                                Define your bank as a House Bank using the following data:
                                Note: There are 3 correct answers to this question.

                                • A. On the bank hierarchy on the right hand side, your bank is added.
                                • B. Select the bank created previously (987654##), and, on the new screen, choose Edit.
                                • C. In SAP Fiori, in the Bank Relationship area, choose the Manage Banks tile.
                                • D. On the Manage Bank screen, look for the selection criteria Bank Type. Select My Banks.
                                  Additionally you can set the filter criteria Bank Country DE and the Bank Name 987654##. On the right upper corner, press Go.
                                Reveal Solution  Discussion  0

                                Correct Answer: B,C,D  🗳️

                                How to Check the values for the asset in the Asset Values application?
                                Note: There are 3 correct answers to this question.

                                • A. The asset values should be shown by default, if not enter the company code, asset, and select Refresh Asset.
                                • B. Check the documents posted for the year and the planned depreciation values. You should see three documents: the acquisition, the credit memo, and the sale invoice. In the Posted Values tab, you can see that depreciation calculation stops after the date of the asset sale.
                                • C. On the Fiori Launchpad screen, in the Document Entry group, choose the tile Asset Sale with Invoice.
                                • D. On the Fiori Launchpad screen, in the Reporting group, choose the Asset Values tile. If it is not there, use the search function.
                                • E. On the Asset Retire. frm Sale w/Customer: Header Data screen
                                Reveal Solution  Discussion  0

                                Correct Answer: A,B,D  🗳️

                                What is Implementation Cockpit?

                                • A. Enable digital transformation and deliver on the promise of run simple
                                • B. existing customers can connect their SAP business Suite System
                                • C. based on the selected business Scenarios relevant data migration objects are proposed
                                • D. Data Migration Activities can be executed based on the Cloud Implementation Cockpit
                                • E. For new customers a template based approach can be used
                                Reveal Solution  Discussion  0

                                Correct Answer: B,C,D,E  🗳️

                                By delivering new SAP S/4 HANA, how to innovations combined with best practices content?

                                • A. Guided configuration allows customers to activate new SAP S/4HANA innovation w/o disruption
                                • B. Users can adapt or personalize their system
                                • C. In the Download Template window, select BP Enterprise Management Cloud, then choose OK.
                                • D. The configuration changes are made with SAP SSCUI available to cloud and on premise
                                • E. Content management lifecycle helps to avoid future conflicts during activation of new or changed best practice process
                                Reveal Solution  Discussion  0

                                Correct Answer: A,B,D,E  🗳️

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