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SAP C_TS4FI_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| 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, manage accruals, and manage posting periods. |
| 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. |
| Overview and Deployment of SAP S/4HANA < 8% | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options. |
| 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. |
| 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. |
| Organizational Assignments and Process Integration > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges. |
SAP S/4HANA Financial Accounting Certification Exam Details:
| Level | Associate |
| Schedule Exam | SAP Training |
| Duration | 180 mins |
| Exam Code | C_TS4FI_2020 |
| Number of Questions | 80 |
| Sample Questions | SAP S/4HANA Financial Accounting Certification Sample Questions |
| Passing Score | C_TS4FI_2020 - 59% C_TS4FI_1900 - 57% |
| Reference Books | TS4F02 (SAP S/4HANA 2020) TS4F01 (SAP S/4HANA 2020) TS4F02 (SAP S/4HANA 1909) TS4F01 (SAP S/4HANA 1909) |
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909) |
| Exam Price | $550 (USD) |
NEW QUESTION 90
What is the name of the leading ledger that SAP provides with the standard system?
Please choose the correct answer.
Response:
- A. OL
- B. 2L
- C. 1L
- D. 3L
Answer: A
NEW QUESTION 91
What does the document splitting do?
Please choose the correct answer.
Response:
- A. It enriches all relevant balance sheet account lines with the defined splitting characteristics.
- B. It enriches all profit and loss account lines with the defined splitting characteristics.
- C. It enriches all secondary cost element account lines with the defined splitting characteristics.
- D. It enriches all revenue account lines with the defined splitting characteristics.
Answer: A
NEW QUESTION 92
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Response:
- A. Non-operating expense or income
- B. Field status group
- C. Reconciliation accounts
- D. Balance sheet
- E. Secondary costs
Answer: A,D,E
NEW QUESTION 93
What happens to the transaction figures when you post a normal reversal posting?
Response:
- A. They are reset.
- B. They are cleared.
- C. They are deleted
- D. They are increased.
Answer: D
NEW QUESTION 94
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:
- A. 1. Post the correction documents.
2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences. - B. 1. Store the data.
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences. - C. 1. Present reconciled and non-reconciled data
2. Post the correction documents.
3. Store the data.
4. Communicate differences. - D. 1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.
Answer: D
NEW QUESTION 95
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Response:
- A. False
- B. True
Answer: B
NEW QUESTION 96
What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.
Response:
- A. It is used for special period posting.
- B. It is used for period lock in special purpose ledger.
- C. It is used for the authorization object for posting periods.
- D. It is used for posting from CO to FI.
Answer: D
NEW QUESTION 97
You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted?
Please choose the correct answer.
Response:
- A. Area does not post
- B. Area posts in real time
- C. Area posts revaluation only
- D. Area posts depreciation only
Answer: C
NEW QUESTION 98
Which of the following components make up an archiving object?
There are 3 correct answers to this question.
Response:
- A. Data declaration part
- B. Customizing settings
- C. Variables
- D. Programs
Answer: A,B,D
NEW QUESTION 99
Which activities can you perform with a recurring journal entry?
Note: There are 2 correct answers to this question
Response:
- A. Create monthly postings on any date of a month.
- B. Determine the number of postings.
- C. Set rules to distribute amounts to be posted.
- D. Obtain an overview of related future postings.
Answer: A,D
NEW QUESTION 100
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Response:
- A. False
- B. True
Answer: B
NEW QUESTION 101
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Response:
- A. Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area. - B. Assign a ledger group to each depreciation area.
- C. Ensure depreciation areas always post to the general ledger.
Answer: B,C
NEW QUESTION 102
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question.
Response:
- A. G/L account
- B. Posting key
- C. Account group
- D. Document type
Answer: A,B
NEW QUESTION 103
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables?
There are 2 correct answers to this question.
Response:
- A. SAPF130E
- B. SAPF130L
- C. SAPF130K
- D. SAPF130D
Answer: C,D
NEW QUESTION 104
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.
Response:
- A. Business area level
- B. Segment level
- C. Company area level
- D. Client level
Answer: A,C
NEW QUESTION 105
What types of data are maintained for a house bank?
Note: There are 2 correct answers to this question.
Response:
- A. Data medium exchange (DME) details
- B. payment signatories
- C. General Ledger account
- D. Overdraft limit
Answer: A,C
NEW QUESTION 106
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