C_TS4FI_2023 SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Financial Accounting Exam

SAP Certification Level: Associate
Exam: 80 questions
Sample Questions: View more
Cut Score: 61%
Duration: 180 mins
Languages: English

Description
This certification verifies that you possess the core skills and proven skills in the area of SAP S/4HANA Management Accounting. This certificate is an entry-level qualification for Management Accounting consultants on SAP S/4HANA. It is recommended for those with experience in SAP implementation projects relevant for SAP S/4HANA Cloud Private Edition and SAP S/4HANA on-premise.

Topic Areas
Please see below the list of topics that may be covered within this certification and the courses that cover them. Its accuracy does not constitute a legitimate claim; SAP reserves the right to update the exam content (topics, items, weighting) at any time.

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Topic Areas
Please see below the list of topics that may be covered within this certification and the courses that cover them. Its accuracy does not constitute a legitimate claim; SAP reserves the right to update the exam content (topics, items, weighting) at any time.

Financial Closing 11% – 20%
Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods.

TS4F02 (SAP S/4HANA 2023)
—– OR —–
S4F15
S4F17 (SAP S/4HANA 2023)

General Ledger Accounting 11% – 20%
Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting.
TS4F01 (SAP S/4HANA 2023)
—– OR —–
S4F12 (SAP S/4HANA 2023)
S4F13 (SAP S/4HANA 2023)

Accounts Payable & Accounts Receivable 11% – 20%
Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales.
TS4F01 (SAP S/4HANA 2023)
—– OR —–
S4F12 (SAP S/4HANA 2023)
S4F13 (SAP S/4HANA 2023)

Asset Accounting 11% – 20%
Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting.
TS4F02 (SAP S/4HANA 2023)
—– OR —–
S4F15
S4F17 (SAP S/4HANA 2023)

Organizational Assignments and Process Integration 11% – 20%
Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges.
TS4F01 (SAP S/4HANA 2023)
—– OR —–
S4F12 (SAP S/4HANA 2023)
S4F13 (SAP S/4HANA 2023)

Overview and Deployment of SAP S/4HANA <= 10%
Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.
TS4F01 (SAP S/4HANA 2023)
—– OR —–
S4F12 (SAP S/4HANA 2023)
S4F13 (SAP S/4HANA 2023)

Managing Clean Core <= 10%
Evaluate and apply clean core principles to ERP so that they can maximize business process agility, reduce adaptation efforts, and accelerate innovation.
Managing Clean Core

General Information

Exam Preparation
All SAP consultant certifications are available as Cloud Certifications in the Certification Hub and can be booked with product code CER006. With CER006 – SAP Certification in the Cloud, you can take up to six exams attempts of your choice in one year – from wherever and whenever it suits you! Test dates can be chosen and booked individually.

Each specific certification comes with its own set of preparation tactics. We define them as “Topic Areas” and they can be found on each exam description. You can find the number of questions, the duration of the exam, what areas you will be tested on, and recommended course work and content you can reference.

Certification exams might contain unscored items that are being tested for upcoming releases of the exam. These unscored items are randomly distributed across the certification topics and are not counted towards the final score. The total number of items of an examination as advertised in the Training Shop is never exceeded when unscored items are used.

Please be aware that the professional- level certification also requires several years of practical on-the-job experience and addresses real-life scenarios.

For more information refer to our SAP Certification FAQs.

Safeguarding the Value of Certification
SAP Education has worked hard together with the Certification & Enablement Influence Council to enhance the value of certification and improve the exams. An increasing number of customers and partners are now looking towards certification as a reliable benchmark to safeguard their investments. Unfortunately, the increased demand for certification has brought with it a growing number of people who to try and attain SAP certification through unfair means. This ongoing issue has prompted SAP Education to place a new focus on test security. Our Certification Test Security Guidelines will help you as test taker to understand the testing experience.

Security Guidelines

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Sample Question Answers

QUESTION 1
At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.

A. Exchange rate type
B. Country
C. Company code
D. Client

Answer: A D

QUESTION 2
Which of the following organizational elements can be shared by several company codes? Note:
There are 3 correct answers to this question.

A. Segment
B. Business area
C. Sales organization
D. Plant
E. Profit center

Answer: A B E

QUESTION 3
SAP SHANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth.
Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.

A. Primary costs resulting from a distribution
B. Secondary costs resulting from an assessment
C. Intercompany postings
D. Budgeted costs for a cost center
E. Plan depreciation amounts

Answer: A C E

QUESTION 4
Your company follows IFRS accounting principles and needs to issue a full financial statement for its
two main divisions “Consumer Products” & “Professional Products”.
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

A. Profitability segments
B. Document splitting
C. Segments
D. Profit centers
E. Business areas

Answer: A C D

QUESTION 5
At which level do you define functional areas?

A. Controlling area
B. Client
C. Financial statement version
D. Company code

Answer: B

QUESTION 6
Which currency types are defaulted in SAP SHANA? Note: There are 2 correct answers to this question.

A. 30 = Group currency
B. 20 = Controlling area currency
C. 00 = Document currency
D. 10 = Company code currency

Answer: C D