C_S4CFI_2402

Main points of SAP C_S4CFI_2402 Test

The SAP C_S4CFI_2402 exam, SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation, focuses on the implementation and configuration of the SAP S/4HANA Cloud Finance solution. Here's a breakdown of the main points covered in the exam:

1. Financial Accounting & Budgeting:

• General Ledger (G/L): Setting up chart of accounts, creating and managing GL accounts, managing posting periods, and understanding integration with other modules.
• Accounts Receivable (A/R): Managing customer data, billing processes, credit management, and cash management.
• Accounts Payable (A/P): Managing vendor data, invoice processing, payment management, and vendor discounts.
• Asset Accounting (AA): Setting up depreciation areas, managing fixed assets, calculating depreciation, and reporting on asset performance.
• Financial Closing Activities: Performing period-end activities like reconciliation, posting accruals, and generating financial statements.
• Budgeting and Planning: Creating budget structures, entering budget data, and analyzing budget performance.

2. Management Accounting & Controlling:

• Cost Accounting: Understanding different cost elements, allocating costs, and analyzing profitability.
• Profitability Analysis: Applying cost accounting principles to analyze the profitability of products, customers, and business units.
• Management Reporting: Configuring reports and dashboards for management analysis and decision-making.
• Internal Control Considerations: Understanding internal control best practices and how to apply them to financial processes.

3. Integration with Other Modules:

• Integration with Sales (SD): Understanding the flow of financial data from sales orders to accounting.
• Integration with Procurement (MM): Understanding the flow of financial data from purchase orders to accounting.
• Integration with Human Capital Management (HCM): Understanding how payroll and other HCM processes are integrated with the general ledger.

4. Configuration and Customization:

• Master Data Management: Managing key data such as customer, vendor, and GL account information.
• Configuring Business Processes: Tailoring financial processes to meet specific business requirements.
• Setting Up Security Roles: Controlling user access to financial data and functions.
• Integrating with External Systems: Connecting SAP S/4HANA Cloud Finance to external systems and applications using APIs.

5. Deployment and Implementation:

• Understanding the S/4HANA Cloud Implementation Process: Familiarization with the different phases of an implementation project.
• Scoping and Blueprinting: Defining project requirements and creating a blueprint for the solution.
• Data Migration: Transferring data from legacy systems to SAP S/4HANA Cloud.
• Testing and Go-Live: Ensuring the solution meets requirements and going live with the new system.

Exam Format:

• 80 multiple-choice questions
• 180 minutes duration
• Pass score: 60%
• English language only

Preparation Tips:

• Study the official SAP C_S4CFI_2402 exam guide.
• Use the SAP Learning Hub for online training courses and practice exercises.
• Attend SAP training sessions and workshops.
• Work on real-world project simulations.
• Review sample exam questions and practice tests.

Note: The exam syllabus and specific topics may change over time. Always check the official SAP website for the most up-to-date information.