SAP C_S4FCC_2021 Certification Guide: SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021)

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In this SAP C_S4FCC_2021 certification guide, we'll provide you with an overview of the exam structure, content, and preparation strategies. We'll also offer tips for exam day success and explain the benefits and opportunities that come with obtaining SAP certification.

Why you should choose SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) C_S4FCC_2021 Certification

The "SAP Certified Application Associate - SAP S/4HANA Finance for group reporting associates (SAP S/4HANA 2021)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Finance for group reporting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within group reporting projects.
This certificate is the ideal starting point for a professional career as a consultant on SAP S/4HANA Finance for group reporting. This certification exam is relevant for SAP S/4HANA Cloud, private edition and SAP S/4HANA on-premise.
The certificate issued for passing this exam will be valid for 5 years.

C_S4FCC_2021 Exam Structure and Content

Areas covered

- Structures Master data, (> 12%) => Structures Master data
- Data acquisition incl. GRDC, (> 12%) => Data acquisition including Group Reporting Data Collection
- Journals Reclassification, (> 12%) => Journals Reclassification
- Data validation Currency Translation, (> 12%) => Data validation Currency Translation
- ICMR Eliminations, (> 12%) => Intercompany Matching and Reconciliation Eliminations
- BCF, Reporting Planning, (> 12%) => Balance Carry Forward, Reporting Planning
- Consolidation of Investments, (> 12%) => Consolidation of Investments

Number of questions and other details

The exam contains 80 questions multiple-choice questions. The duration of the exam is 180 mins minutes. You need to score 63 percentage to clear your exam. The code for the exam is C_S4FCC_2021.

C_S4FCC_2021 Exam Preparation Strategies

If you are preparing for the SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) (C_S4FCC_2021) exam, you'll need study materials that cover the exam content in detail. Here are some recommended study materials to help you prepare for the exam:

SAP Learning Hub C_S4FCC_2021 Books

The SAP Learning Hub is a great resource for SAP training and certification. It provides access to a range of SAP training materials, including courses, e-books, and interactive simulations. You can find the C_S4FCC_2021 exam preparation material in the SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) section.

SAP recommends the following books to study before appearing for C_S4FCC_2021 exam:

1. S4F94 => Overview SAP S/4HANA Finance for Group Reporting – This book covers the following syllabus:

Describing Business Consolidation
Using the solution for month-end closing tasks
Managing master data
Data release from central journal
Data collection & validation
Currency translation
Intercompany matching & reconciliation
Intercompany and profit on inventory eliminations
Matrix consolidation
Consolidation of investments and equity pick up
Planning and SAP Analytics Cloud integration
Reporting & balance carry forward

2. S4F95 => Implementing SAP S/4HANA Finance for Group Reporting – This book covers the following syllabus:

Business Consolidation with SAP for group reporting overview
- Describing Business Consolidation with SAP S/4HANA Finance for group reporting
- Running consolidation tasks
Master Data and Structures
- Describing the structures and architecture
- Managing time & version dependent master data
- Managing COAs, versions, subitems, and custom fields
- Modeling hierarchies, aggregation and additional master data
Data preparation
- Collecting data
- Balance carryforward
- Configuring data validation
- Describing document types, posting levels, and selected items
- Booking journal entries and using substitution & validation
- Reclassifying data
- Translating single and multiple group currencies
Consolidation and Eliminations
- Using Intercompany Reconciliation, matching and integrated eliminations
- Implementing matrix and profit on inventory eliminations
- Explaining consolidation of investments and equity pick up
Reporting, Planning and Balance Carryforward
- Build and use report rules for cash flow and comprehensive income reports
- Use report logic for matrix reporting
- Run group reporting tasks on planning data and discuss SAP Analytics Cloud integration
- Execute balance carryforward and report on the results

3. S4F96 => Consolidation of Investments with SAP S/4HANA Finance for group reporting – This book covers the following syllabus:

Activity Based Approach:
- Initial Consolidation
- Subsequent Consolidation
- Step Acquisition
- Change in Capital
- Change in Share
- Partial and Total Transfers
- Partial Divestiture
- Total Divestiture
- Horizontal and Vertical Merger
Rule Based Approach:
- Initial Consolidation
- Subsequent Consolidation
- Change in Share
- Change in Capital
- Total Divestiture

C_S4FCC_2021 Dumps or Practice questions

SAP SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) dumps are an essential part of exam preparation, and they can significantly help you in clearing the exam.

SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) [C_S4FCC_2021] Questions Answers

Here are some reasons why practising these dumps is so important:

Get familiar with the C_S4FCC_2021 exam format: Dumps questions help you get familiar with the exam format, including the types of questions, the time limit, and the structure of the exam. This familiarity can help you feel more comfortable and confident on the day of the exam.
Identify knowledge gaps: By practising SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) questions, you can identify areas where you need to focus more. If you consistently get certain types of questions wrong, you can focus your study efforts on those topics and improve your understanding.
Time management: Practicing C_S4FCC_2021 dumps can help you develop better time management skills. By practising questions, you'll get a sense of how long it takes you to answer each type of question. This can help you manage your time more effectively during the exam and ensure that you have enough time to answer all the questions.

You should enroll in C_S4FCC_2021 premium questions to clear your exam on the first try. You can go through the C_S4FCC_2021 sample questions as well and try by yourself before enrolling. It will give you confidence for the exam.

Tips for Exam C_S4FCC_2021 Day Success

Taking SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) exam can be a stressful experience, but with the right preparation and mindset, you can increase your chances of success. Here are some tips to help you succeed on exam day:

Get a good night's sleep: A good night's sleep is crucial to helping you stay focused and alert during the exam. Make sure you get enough sleep the night before the exam, and try to avoid staying up late studying.
Eat a healthy breakfast: Eating a healthy breakfast can help you maintain your energy levels and focus during the exam. Avoid sugary or heavy foods that can make you feel sluggish.
Arrive early: Login to online meeting invite early to give yourself enough time to get settled and calm your nerves. Rushing to the meeting can increase your anxiety and negatively impact your performance.
Bring necessary items: Make sure you have all the necessary items, such as personal identification like passport. Check the C_S4FCC_2021 exam requirements beforehand to ensure you have everything you need.
Read the instructions carefully: Read the instructions carefully before beginning the C_S4FCC_2021 exam. Make sure you understand the exam format, time limit, and any other instructions or rules.
Manage your time: Use your time wisely during the exam. Don't spend too much time on difficult questions, and make sure you answer all the questions before time runs out.
Stay calm and focused: Stay calm and focused during the exam. Take deep breaths if you feel anxious, and remind yourself that you have prepared well for the SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) exam.
Review your answers: If you have time at the end of the exam, review your answers carefully. Check for any errors or omissions, and make any necessary changes.
Don't panic: If you get stuck on a question, don't panic. Move on to the next question and come back to it later. Panicking can increase your anxiety and negatively impact your performance.
Stay until the end: Stay until the end of the exam, even if you finish early. Use the remaining time to review your answers or check for any errors.

Conclusion

In conclusion, obtaining the SAP Certified Application Associate - SAP S/4HANA Finance for Group Reporting Associates (SAP S/4HANA 2021) (C_S4FCC_2021) certification is a great way to showcase your knowledge and expertise in the SAP field and stay ahead of your competition and other consultants. In this guide, we have provided an overview of the SAP C_S4FCC_2021 exam structure, content, and preparation strategies, including recommended study materials, dumps, sample questions, and tips for exam day success. By following these strategies and tips, you can increase your chances of passing the C_S4FCC_2021 exam and contributing to the success of the planning and implementation phases in a mentored role. Don't forget to practise with the C_S4FCC_2021 dumps and premium questions to test your knowledge and confidence before taking the exam. Good luck!

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