C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Practice Exam

This certification validates your fundamental knowledge and skills in the area of SAP S/4HANA Financial Accounting. It demonstrates your ability to:

• Grasp core concepts within the financial accounting module of SAP S/4HANA.
• Perform basic tasks and configurations under the guidance of an experienced consultant.
• Contribute to financial accounting projects at an entry-level.

Who should take this exam?

This certification is ideal for:

• Individuals new to SAP S/4HANA Financial Accounting.
• Financial professionals seeking an entry-level qualification.
• Those seeking to transition into a career in SAP S/4HANA finance.

Roles and responsibilities:

This exam aligns with roles such as:

• Junior Financial Analysts
• Financial Accounting Associates
• SAP S/4HANA Finance Trainees

Exam details:

• Format: 80 questions (multiple choice, multiple select, true/false, and matching)
• Duration: 180 mins
• Passing score: 63%
• Delivery: Testing center or online proctored

Course Outline

The C_TS4FI_2021 SAP exam covers the following topics - 

Domain 1 - Overview of Financial Closing > 12%

• Learn to perform month and year-end closing in Financial Accounting
• Learn to create a balance sheet
• Learn to create profit and loss statements
• Learn to monitor closing operations using the Financial Closing Cockpit
• Learn to manage accruals
• Learn to manage posting periods

Domain 2- Overview of General Ledger Accounting > 12%

• Learn to create and maintain general ledger accounts, exchange rates, bank master data and define house banks.
• Learn to create and reverse general ledger transfer postings
• Learn to post cross-company code transactions
• Learn to create profit centers and segments
• Learn to clear an account and define and use a chart of accounts
• Learn to maintain tolerances, tax codes, and post documents with document splitting.

Domain 3 - Overview of Accounts Payable & Accounts Receivable > 12%

• Learn to create and maintain business partners
• Learn to post invoices and payments and use special g/l transactions
• Learn to reverse invoices and payments
• Learn to block open invoices for payment
• Learn to configure the payment program
• Learn to manage partial payments
• Learn to define the customizing settings for the Payment Medium Workbench
• Learn to use the debit balance check for handling payments
• Learn to define terms of payment and payment types
• Learn the connection of customers to vendors
• Learn to describe integration with procurement and sales

Domain 4 - Overview of Asset Accounting > 12%

• Learn to create and maintain charts of depreciation and depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system.
• Learn to set up valuation and depreciation
• Learn to perform periodic and year-end closing processes
• Explain and configure parallel accounting.

Domain 5 - Overview of Organizational Assignments and Process Integration > 12%

• Learn to manage Organizational Units, currencies
• Learn to configure Validations and Document Types
• Learn to utilize Reporting Tools
• Learn to configure Substitutions, and manage Number ranges.

Domain 6 - Overview and Deployment of SAP S/4HANA < 8%

• Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.