C_S4FCC_2021 SAP S/4HANA Finance for Group Reporting Associates Certification
SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) certification, also known as C_S4FCC_2021, is designed for professionals who want to validate their skills in SAP S/4HANA Finance for group reporting. This SAP certification exam is intended for individuals who possess sound knowledge of finance processes, accounting principles, and group reporting tasks. Passing this exam enables individuals to become SAP certified associates and helps them in building a successful career in SAP S/4HANA Finance for group reporting. In this article, we will explore the C_S4FCC_2021 exam and its significance in the professional world.
Exam Overview
The C_S4FCC_2021 exam assesses the candidate’s knowledge of SAP S/4HANA Finance for group reporting, with a focus on financial consolidation, intercompany reconciliation, and financial reporting. The C_S4FCC_2021 exam consists of 80 multiple-choice questions that need to be answered within 180 minutes. The passing score for the C_S4FCC_2021 exam is 63%, and it is available in English and German languages.
Exam Topics
The CS4FCC 2021 exam covers the following topics:
Data Modeling and Consolidation Functions
This section covers the topics related to the data model and consolidation functions. The candidate should have knowledge of the standard data models, consolidation chart of accounts, and how to set up the consolidation functions. The C_S4FCC_2021 exam section also tests the candidate’s understanding of the consolidation master data, consolidation unit, and consolidation methods.
Consolidation Process and Preparation
This section covers the topics related to the consolidation process and preparation. The candidate should have knowledge of the consolidation process flow, elimination process, and currency translation. This section also tests the candidate’s understanding of the consolidation of investments, consolidation of subsidiaries, and consolidation of joint ventures.
Consolidation Business Flows and Process Management
This section covers the topics related to the consolidation business flows and process management. The candidate should have knowledge of the data collection process, data validation, and data reconciliation. The section also tests the candidate’s understanding of the consolidation audit trail, intercompany reconciliation, and closing cockpit.
Financial Reporting and Analysis
This section covers the topics related to financial reporting and analysis. The candidate should have knowledge of the financial statement creation, configuration of the financial statement, and report analysis. This section also tests the candidate’s understanding of the legal consolidation, group valuation, and group chart of accounts.
Course Content for C_S4FCC_2021 SAP S/4HANA Finance for Group Reporting Exam
Course Overview
This course is designed to provide participants with the knowledge and skills needed to become a certified SAP Application Associate in SAP S/4HANA Finance for Group Reporting. Participants will learn how to configure and use SAP S/4HANA Finance for Group Reporting, as well as understand the various features and functionalities of the application.
Course Outline
Completing this Certsgrade.com course will help participants to work with the following business areas of SAP certification:
Overview of SAP S/4HANA Finance for Group Reporting
- Overview of financial consolidation
- Introduction to SAP S/4HANA Finance for Group Reporting
- Overview of reporting in SAP S/4HANA Finance for Group Reporting
Configuration of SAP S/4HANA Finance for Group Reporting
- Configuration of consolidation groups and hierarchies
- Configuration of data monitor
- Configuration of intercompany reconciliation and eliminations
Features and Functionalities of SAP S/4HANA Finance for Group Reporting
- Consolidation methods
- Elimination methods
- Ownership management
- Consolidation cockpit
- Data collection and validation
Consolidation Processes in SAP S/4HANA Finance for Group Reporting
- Consolidation process overview
- Data collection and preparation
- Journal entry preparation and posting
- Currency translation
- Eliminations and adjustments
- Validations and intercompany reconciliation
- Consolidated financial statement preparation
Monitoring Consolidation Status in SAP S/4HANA Finance for Group Reporting
- Data monitor for consolidation
- Analysis and troubleshooting of consolidation data
Intercompany Reconciliations and Eliminations in SAP S/4HANA Finance for Group Reporting
- Intercompany reconciliation process
- Intercompany eliminations
Integration with other SAP Applications
- Integration with SAP S/4HANA Finance
- Integration with SAP Business Planning and Consolidation
Course Duration
The course will be conducted over a period of 5 days, with each day consisting of 6 hours of training. There will also be hands-on exercises, PDF dumps, practice questions and answers and case studies at Certs grade platform to reinforce learning.
Significance of SAP S/4HANA Finance for Group Reporting Associates Certification
SAP S/4HANA Finance for Group Reporting Associates certification demonstrates the candidate’s expertise in SAP S/4HANA Finance for group reporting and helps in building a successful career in this field. It validates the candidate’s knowledge and skills related to financial consolidation, intercompany reconciliation, and financial reporting. Employers often prefer certified professionals over non-certified ones, which makes this certification highly valuable.
SAP S/4HANA Finance for Group Reporting Associates certification is highly beneficial for individuals who want to build a career in C_S4FCC_2021 SAP S/4HANA Finance for group reporting. This certification exam assesses the candidate’s knowledge and skills related to financial consolidation, intercompany reconciliation, and financial reporting. Passing this exam and becoming SAP certified associates can help individuals stand out in the job market and advance their careers. In conclusion, this IT course provides a comprehensive overview of the latest technologies and industry best practices. We hope you found it useful. Keep learning and growing! Connect with us on:
Mason Cooper –
The exam practice tests by CertsGrade.com offer an accurate simulation of the actual exam conditions, a valuable preparation tool.
Chloe Smith –
C_S4FCC_2021 certification becomes achievable with CertGrade. The study guides offer clear explanations, and the practice questions are crucial for preparation.