SAP Central Finance
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Questions and Answers

What is Central Finance?

  • A method to migrate legacy FI systems to SAP S/4HANA (correct)
  • A tool to manually send single posts to the target system (correct)
  • An accelerated SAP S/4HANA Finance deployment option
  • A framework for interface implementation (correct)

    • What is the objective of the Central Finance approach?

  • To deploy S/4HANA Finance as a central finance and adopt latest SAP innovations (correct)
  • To disrupt existing ERP systems
  • To consolidate without harmonizing master data from different systems
  • To upgrade all ERP Systems to SAP S/4HANA

    • What are the prerequisites for SAP ERP systems to be used out-of-the-box for Central Finance?

  • Releases starting from SAP ERP 4.6C can be used out-of-the-box as source systems
  • All SAP ERP releases can be used out-of-the-box as source systems
  • Only SAP ERP 7.0 can be used out-of-the-box as a source system
  • Releases starting from SAP ERP 6.0 that are in maintenance can be used out-of-the-box as source systems (correct)

    • What is the SAP Application Interface Framework (AIF)? test

    <p>A framework for interface implementation</p> Signup and view all the answers

    What does the SAP Application Interface Framework use?

    <p>BAPIs and standard functions</p> Signup and view all the answers

    What is required for Master Data Governance key mappings?

    <p>Knowledge of Master Data Governance</p> Signup and view all the answers

    What are the necessary steps for the setup process for source systems?

    <p>Apply SAP Notes, assign authorization for SLT user, and prepare for initial load</p> Signup and view all the answers

    Study Notes

    Central Finance Overview

    • Central Finance is an accelerated SAP S/4HANA Finance deployment option.
    • It allows customers to adopt the latest SAP innovations without disrupting their existing ERP systems.

    Central Finance Objectives

    • The objective of Central Finance approach is to deploy S/4HANA Finance as a "central finance" system.
    • This allows customers to adopt the latest SAP innovations without disrupting their existing ERP systems.

    Consume S/4HANA Innovations

    • Customers with multiple SAP Systems and Non-SAP Systems in a heterogeneous landscape can consume S/4HANA innovations faster with SAP Central Finance.
    • This is achieved by consuming innovations without disrupting the existing system setup.

    Prerequisites for SAP ERP Systems

    • The prerequisites for SAP ERP systems to be used out-of-the-box for Central Finance are releases starting from SAP ERP 6.0 that are in maintenance.
    • These systems can be used out-of-the-box as source systems.

    SAP Application Interface Framework (AIF)

    • The SAP Application Interface Framework (AIF) is a framework for interface implementation and error handling.
    • It uses BAPIs, standard functions, and customer functions.

    Setup Process for Source System

    • The necessary steps for the setup process for the source system include:
      • Applying SAP Notes
      • Assigning authorization for SLT user
      • Source System configuration
      • Preparing for Initial Load

    Setup of Target (Central Finance) System

    • The necessary steps for the setup of the target (Central Finance) system include:
      • (No specific steps mentioned in the text)

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    Related Documents

    cfin-simple.txt

    Description

    Understand the concept of Central Finance in SAP S/4HANA, including its deployment options and objectives. Learn how it enables customers to adopt latest innovations without disrupting their existing ERP systems.

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