Exam: C_TS4FI_2021
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Delivery Methods: SAP Certification
Level: Associate
Exam: 80 questions
Sample Questions: View more
Cut Score: 63%
Duration: 180 mins
Languages: German, English, Spanish, French, Japanese, Portuguese, Chinese
Description
PLEASE NOTE: This certification has been published for early adopters. Some
recommended "ways to attain" are not yet available. - - - - - - - - - - - - - -
- -The "SAP Certified Application Associate - SAP S/4HANA for Financial
Accounting Associates (SAP S/4HANA 2021)" certification exam verifies that the
candidate possesses fundamental knowledge and proven skills in the area of SAP
S/4HANA Financial Accounting. 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 Financial Accounting projects. This certificate is the ideal
starting point for a professional career as a Financial Accounting consultant on
SAP S/4HANA. If experience in SAP implementation projects of Financial
Accounting are added over years, a professional career can be validated by
taking a second exam: "SAP Certified Application Professional - Financials in
SAP S/4HANA for SAP ERP Financials experts". The certificate issued for passing
this exam will be valid for 5 years.
Notes
To ensure success, SAP recommends combining education courses and hands-on
experience to prepare for your certification exam as questions will test your
ability to apply the knowledge you have gained in training.
You are not allowed to use any reference materials during the certification test
(no access to online documentation or to any SAP system).
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 > 12%
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, post
accruals with accrual documents and recurring entry documents, and manage
posting periods.
TS4F02 (SAP S/4HANA 2021)
or
S4F15 (SAP S/4HANA 2021)
S4F17 (SAP S/4HANA 2021)
General Ledger Accounting > 12%
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 2021)
or
S4F12 (SAP S/4HANA 2021)
S4F13 (SAP S/4HANA 2021)
Accounts Payable & Accounts Receivable > 12%
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 2021)
or
S4F12 (SAP S/4HANA 2021)
S4F13 (SAP S/4HANA 2021)
Asset Accounting > 12%
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 2021)
or
S4F15 (SAP S/4HANA 2021)
S4F17 (SAP S/4HANA 2021)
Organizational Assignments and Process Integration > 12%
Manage Organizational Units, currencies, configure Validations and Document
Types, utilize Reporting Tools, configure Substitutions, and manage Number
ranges.
TS4F01 (SAP S/4HANA 2021)
or
S4F12 (SAP S/4HANA 2021)
S4F13 (SAP S/4HANA 2021)
Overview and Deployment of SAP S/4HANA < 8%
Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and
deployment options.
TS4F01 (SAP S/4HANA 2021)
or
S4F12 (SAP S/4HANA 2021)
S4F13 (SAP S/4HANA 2021)
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. Please take a look at our post to understand what you can do to
help to protect the credibility of your certification status.
Our Certification Test Security Guidelines will help you as test taker to
understand the testing experience.
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QUESTION 1
Which fields of a financial accounting document influence the automatic payment
program?
Note: There are 3 correct answers to this questions.
A. Payment method
B. Payment transaction
C. Payment type
D. Term of payment
E. Baseline date
Answer: A, B, D
QUESTION 2
What do you need to do to configure a new exchange rate type in SAP SHANA?
Note: There are 2 correct answers to this questions.
A. Maintain exchange rates daily.
B. Set up the relationship between currencies using translation ratios.
C. Specify the company code currency as the base currency.
D. Specify a purpose for the exchange rate type.
Answer: B, D
QUESTION 3
What does the document splitting funtion do?
Note: There are 2 correct answers to this questions.
A. It enriches all relevant balance sheet account lines with the defined
splitting characteristics.
B. It ensure that you can create complete financial reports per profit center if
it is required by the business.
C. It enable the automatic creation of additional posting documents for each
defined splitting characteristics.
D. It enriches all customer and vendor line items with the defined splitting
characteristics in the relevant subledgers.
Answer: A, D
QUESTION 4
Your SAP S4/HANA system is integrated with controlling, You perform
cost-of-sales accounting and you profit and loss per profit center.
When posting a supplier invoice to a primary cost account, wich field is
mandatory by standard procedures?
A. Functional area
B. Segment
C. Business area
D. Profitability segment
Answer: C
QUESTION 5
Which statement best describe extension ledgers in SAP SHANA?
Note: There are 2 correct answers to this questions.
A. Multiple extension ledgers can point to the same underlying ledger
B. Extension ledgers can be assigned their own fiscal year variant
C. Extension ledgers can be assigned their own posting period variant
D. Extension ledgers can have different currencies than the underlying ledger
Answer: A, C
QUESTION 6
You are responsible for implementing Asset Accounting. You are provided with
the legacy data of
various assets and their grouping information based on classifications, useful
life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP
SHANA?
A. Define depreciation areas for each category of legacy asset.
B. Define depreciation areas to transfer all the legacy data.
C. Define asset classes and maintain their attributes.
D. Define depreciation keys and calculation keys.
Answer: C
QUESTION 7
Which of the following is technical year-end closing activity in SAP S4/HANA?
A. Foreign currency valuation must be posted
B. Accruals must be posted
C. Balance sheet adjustments must be posted
D. Ledger balances must be carried forward
Answer: D
QUESTION 8
Which of the following statements are valid for financial document number
ranges?
Note: There are 3 correct answers to this questions.
A. The same financial document number range can be assigned to several document
type
B. All financial document number ranges can contain numbers and/or letters
C. Financial document number ranges defined at client level should NOT overlap
D. Financial document number ranges are defined at company code level
E. Financial document number ranges must be defined for the year in which they
are used
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Yes, there are other ways to prepare for your SAP Certified Application
Associate - SAP Access Control 12.0 exam besides using exam dumps or study
guides. Here are some suggestions that may help you prepare effectively:
Official SAP Training: Consider enrolling in an official SAP training program,
which will provide you with in-depth knowledge and hands-on experience with SAP
Access Control 12.0.
SAP Documentation: Familiarize yourself with SAP Access Control 12.0
documentation, including user guides, help manuals, and online resources.
Practice Tests: Take online practice tests that are specifically designed for
the SAP Certified Application Associate - SAP Access Control 12.0 exam. This
will help you gauge your understanding of the subject matter and identify areas
that need improvement.
Real-world experience: Try to gain practical experience by working with SAP
Access Control 12.0 in a real-world setting. This will help you better
understand how the software is used in real-life situations.
Study Groups: Consider joining a study group or online forum where you can
connect with others who are also preparing for the exam. You can share
information and help each other prepare.
Remember, preparation and hard work are key to passing the SAP Certified
Application Associate - SAP Access Control 12.0 exam. Good luck!
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outline from SAP.
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makes up 15-20% of the exam
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