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SAP C_TS4FI_2020 Exam Description:

The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" 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".

SAP C_TS4FI_2020 Exam Syllabus Topics:

Topic 1
  • Determine and configure product cost planning, and costing versions for alternative costings
  • Define, create and configure internal orders and create a concept for internal order accounting
Topic 2
  • Determine and configure cost object controlling - planning and actuals
  • Define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis)
Topic 3
  • Determine cost elements structure, cost component structure, planning requirements
  • Determine general reporting requirements for cost centers, configure cost center reporting

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q53-Q58):

How can you perform transfers of assets between company codes with different charts of depreciation?

  • A. Configure the cross-company depreciation areas in Customizing.
  • B. Correct the depreciation area assignment in the asset master record after posting.
  • C. Assign the group chart of depreciation to the relevant fixed assets.
  • D. Enter depreciation area mapping during intercompany transfer posting.

Answer: A

On which levels can you maintain field status controls for business partners (BP)? Note:There are 2 correct answers to this question.

  • A. Company code
  • B. BP role
  • C. BP type
  • D. BP category

Answer: B,C

Which prerequisites must be fulfilled to allow for negative postings of journal entries? Note:There are 2 correct answers to this question.

  • A. The reversal accounts must be configured to allow negative postings.
  • B. The company code must allow negative postings.
  • C. The reversal reason must be configured to allow negative postings.
  • D. The posting key must allow negative postings.

Answer: B,C

What are some features of SAP HANA?
Note: There are 2 correct answers to this question.

  • A. SAP HANA is optimized to work with aggregates and index tables.
  • B. SAP HANA is optimized to organize data using column stores.
  • C. SAP HANA is built on a hierarchical data model architecture.
  • D. SAP HANA allows transactional and analytical processing off the same tables.

Answer: B,D

What is the purpose of period interval 3 when you define open and closed periods?

  • A. It is used for the authorization object for posting periods
  • B. It is used for posting from CO to Fl
  • C. It is used for special period posting
  • D. It is used for period lock in special purpose ledger

Answer: D


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