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The candidates should also be aware of the various aspects of SAP ERP Financials like the core module, Controlling, or Treasury Management. They should specifically know how to use different components of a standard company such as material master data and transaction data. It is necessary to have an excellent knowledge of financial terms while preparing for this exam like accrued benefit-cost, unamortized costs, capital lease obligations, etc. Candidates should be able to prepare an income statement and balance sheet using the information retrieved from the chart.
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| Section | Objectives |
|---|---|
| Topic 1: Financial Processes in Central Finance | - Controlling integration scenarios - Accounts receivable and accounts payable integration - General ledger integration |
| Topic 2: Reconciliation and Monitoring | - Reconciliation tools and processes - Error handling and monitoring (AIF monitoring) |
| Topic 3: Central Finance Architecture | - Integration with SAP S/4HANA - Central Finance design principles - System landscape and deployment options |
| Topic 4: Mapping and Master Data Management | - Value mapping framework - Business partner and master data mapping |
| Topic 5: Data Replication and Integration | - Application Interface Framework (AIF) - Replication of financial accounting data - SAP Landscape Transformation (SLT) |
| Topic 6: Reporting and Analytics | - SAP Fiori analytical apps - Central Finance reporting capabilities |
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