C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Practice Exam

C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 is a certification that certifies your skills and knowledge in SAP Management Accounting (CO) and its usage in SAP ERP 6.0 EhP7. It validates your knowledge of major features in SAP Management Accounting, like cost center accounting, internal orders, profitability analysis, and product costing. The certification confirms your skills to implement and optimize SAP CO solutions in real-world with both financial and operational goals.
Why is C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 important?

• Assess a candidate's knowledge in SAP Management Accounting.
• Globally recognized certification from SAP
  
• Attests to your expertise in cost management and its optimization in the SAP CO module.
• Boosts employability for SAP Management Accounting related roles.
• Acts as an foundation for advanced SAP financial and management accounting certifications.

Who should take the C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Exam?

• SAP CO Consultant
• Financial Controller
• SAP Application Consultant (CO)
• Cost Accountant
• Management Accountant
• SAP Support Specialist (CO)
• ERP Financial Analyst
• Business Process Analyst

Skills Evaluated

Candidates taking the certification exam on the C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 is evaluated for the following skills:

• Cost center accounting and SAP ERP 6.0 EhP7's internal orders.
• Product costing, profitability analysis, and cost object controlling.
• SAP Management Accounting's Configuration and implementation .
• Integration with other SAP ERP 6.0 EhP7's  modules.
• Reporting and analysis of cost flows and profitability.
• Controlling area settings and master data.
• Optimize cost management processes using SAP ERP 6.0 EhP7.
• Using SAP ERP’s planning, budgeting, and forecasting tools.

C_TFIN22_67 SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Certification Course Outline

The topics included in this exam are:

Cost Center Accounting 

• Defining, creating, and configuring the various cost centers, cost center regimes, and cost center groups in SAP ERP 6.0 EhP7 . Ascertaining the use of SAP ERP 6.0 EhP7's Cost Center Accounting and different planning functionality, cost center accounting activity varieties, planning conditions, plan allocations requirements, and present allocations for cost centers. 

Internal Orders

• Understand the differences between order and order type. Ascertaining plan data, commitments, and requirements for the SAP ERP 6.0 EhP7's internal orders and developing period-end closing exercises. Defining, making, and configuring the SAP ERP 6.0 EhP7's internal applications and developing a thought for SAP ERP 6.0 EhP7's internal order accounting, and customizing internal order accounting, and configuring the period-end settling for IOA.

Product Cost Planning

• Ascertain  and configure SAP ERP 6.0 EhP7's product cost planning, and the costing versions for the alternative costings, managing the SAP ERP 6.0 EhP7's cost components structure, cost element structure, various planning conditions, costing variants, and multi-level costings, and carrying out a SAP Management Accounting (CO)'s Price update in the SAP ERP 6.0 EhP7's material master record.

Profitability Analysis

• Explaining SAP Management Accounting (CO)'s value fields, properties, and summary characteristics ascertaining planning, actual and method flow, and security elements, design means flows, and develop authorization theory for reporting of FI / CO data. Defining the SAP Management Accounting (CO)'s currency and assignment of the chart of accounts, result in the analysis, and the revenue verification (in collaboration with FI and SD), and configuring period-end closing for PA in the SAP Management Accounting (CO).

Cost Object Controlling

• Configuring the SAP Management Accounting (CO)'s cost object controlling - designing and actuals, and customizing and completing the cost object checking in a make to the stock situation and in a make to order situation. Clear definition of SAP Management Accounting (CO)'s WIP results in interpretation, variances, and revenue verification (in collaboration with FI and SD) and configuring period-end closing for the SAP Management Accounting (CO)'s  cost objects.

Profit Center Accounting 

• Develop organizational charts for for-profit centers, making SAP Management Accounting (CO)'s  Profit Centers (in FI in the new GL), creating the Profit Centers and checking master data responsibilities, and configuring the period-end closing for the SAP Management Accounting (CO)'s PCA.

Basics of the SAP ERP and SAP Solution Manager

• Outlining the SAP ERP Solution and establishing the alliance between the SAP ERP and the Solution Manager.

Reporting

• Managing the most common reporting obligations for SAP Management Accounting (CO)'s cost centers, configuring cost center reporting, and generating report painter addresses and drill-down reports.

Organizational Assignments and Process Integration

• Defining the SAP Management Accounting (CO)'s scopes and methods in SAP ERP 6.0 EhP7's Management Accounting, stock transfers, sub-contracting, cross-company code design, inbound freight, inventory valuation and transfer pricing, work in method rules, and high-level obligations for SAP Management Accounting (CO)'s organization units. Verifying SAP Management Accounting (CO)'s number ranges and the first combination flows with other modules (CO), and configuring versions.