C_TS4CO_2023 SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Management Accounting Exam
Delivery Methods: SAP Certification
Level: Associate
Exam: 80 questions
Sample Questions: View more
Cut Score: 59%
Duration: 180 mins
Languages: English
Description
This certification verifies that you possess the core skills and proven skills in the area of SAP S/4HANA Management Accounting. This certificate is an entry-level qualification for Management Accounting consultants on SAP S/4HANA. It is recommended for those with experience in SAP implementation projects relevant for SAP S/4HANA Cloud Private Edition and SAP S/4HANA on-premise.
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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.
Cost Center Accounting 11% – 20%
Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA.
TS4F03 (SAP S/4HANA 2023)
—– OR —–
S4F22 (SAP S/4HANA 2023)
Product Cost Planning 11% – 20%
Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record.
TS4F03 (SAP S/4HANA 2023)
—– OR —–
S4F23 (SAP S/4HANA 2023)
Profitability Analysis 11% – 20%
Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA.
TS4F04 (SAP S/4HANA 2023)
—– OR —–
S4F29 (SAP S/4HANA 2023)
Cost Object Controlling 11% – 20%
Determine and configure cost object controlling – planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects.
TS4F03 (SAP S/4HANA 2023)
TS4F04 (SAP S/4HANA 2023)
—– OR —–
S4F25 (SAP S/4HANA 2023)
Reporting <= 10%
Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports.
TS4F03 (SAP S/4HANA 2023)
TS4F04 (SAP S/4HANA 2023)
—– OR —–
S4F22 (SAP S/4HANA 2023)
S4F25 (SAP S/4HANA 2023)
S4F29 (SAP S/4HANA 2023)
Organizational Assignments and Process Integration <= 10%
Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions.
TS4F03 (SAP S/4HANA 2023)
TS4F04 (SAP S/4HANA 2023)
—– OR —–
S4F22 (SAP S/4HANA 2023)
S4F23 (SAP S/4HANA 2023)
S4F25 (SAP S/4HANA 2023)
S4F28 (SAP S/4HANA 2023)
S4F29 (SAP S/4HANA 2023)
Profit Center Accounting <= 10%
Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA.
TS4F04 (SAP S/4HANA 2023)
—– OR —–
S4F28 (SAP S/4HANA 2023)
Internal Order Accounting <= 10%
Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA.
TS4F03 (SAP S/4HANA 2023)
—– OR —–
S4F22 (SAP S/4HANA 2023)
Managing Clean Core <= 10%
Evaluate and apply clean core principles to ERP so that they can maximize business process agility, reduce adaptation efforts, and accelerate innovation.
Managing Clean Core
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. Our Certification Test Security Guidelines will help you as test taker to understand the testing experience.
Security Guidelines
Sample Question and Answers
QUESTION 1
Which type(s) of Profitability Analysis update (s) the cost of goods sold at the time of delivery only?
A. Both margin analysis and costing-based
B. Margin analysis
C. Costing-based
D. Combined profitability analysis
Answer: B
QUESTION 2
Which processes split costs into their primary cost components? Note: There are 2 correct answers to this question.
A. Execution of the assessment cycles
B. Business process price calculation
C. Settlement of internal orders
D. Cost center/activity type price calculation
Answer: B, D
QUESTION 3
You post a billing document for a sales order with sales order controlling. What data flows to Profit Center Accounting?
Note: There are 2 correct answers to this question.
A. Sales deductions
B. Order quantity
C. Payment Discount
D. Revenues
Answer: A, D
QUESTION 4
What are the some of the characteristics of Profit Center Accounting in SAP S4/HANA? Note: There are 2 correct answers to this question.
A. It can be used in the settlement rule for internal order.
B. It is integrated in the universal journal.
C. It can be used with period and/or cost of sale accounting.
D. It is possible to derive the profit center from the segment in configuration.
Answer: B, C
QUESTION 5
Which scenarios can be covered by one single costing run? Note: There are 2 correct answers to this question.
A. Inventory cost estimate of all the materials in one plant
B. Standard cost estimate of all the materials in all plants of a controlling area
C. Current cost estimate of all the materials in all controlling area
D. Product cost collector cost estimate in one plant
Answer: A, D
QUESTION 6
Which receiver must be allowed in the settlement profile of product cost collector?
A. Cost center
B. Material
C. Order
D. G/L Account
Answer: B