FAQ - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting

Here we are listing all SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting Frequently Asked Questions. These are mostly asked when appearing for SAP S/4HANA Cloud Private Edition, Management Accounting Associates Exam. Once you go through it, this will help you to better prepare for exam.

What are the total questions for the C_TS4CO_2023 exam?

80 questions

What is the cost of C_TS4CO_2023 exam or SAP S/4HANA Cloud Private Edition, Management Accounting Associates certification fees?

200 USD if you purchase CER001 (1 attempt) and 500 USD if you purchase CER006 (6 attempts).

What is the passing percentage for SAP S/4HANA Cloud Private Edition, Management Accounting Associates exam?

59 Percentage

What is the duration of exam C_TS4CO_2023?

180 mins

What are the topics covered in exam C_TS4CO_2023?

- 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.

- 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.

- 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.

- 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.

- Reporting - <= 10% - Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports.

- 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.

- 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.

- 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.

- 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.

What books needs to be read for exam C_TS4CO_2023?

SAP Learning hub TS4F03 - Management Accounting in SAP S/4HANA - Academy Part I pdf
SAP Learning hub TS4F04 - Management Accounting in SAP S/4HANA - Academy Part II pdf
SAP Learning hub S4F22 - Cost Center and Internal Order Accounting in SAP S/4HANA pdf
SAP Learning hub S4F23 - Product Cost Planning in SAP S/4HANA pdf
SAP Learning hub S4F25 - Cost Object Controlling in SAP S/4HANA pdf
SAP Learning hub S4F28 - Profit Center Accounting in SAP S/4HANA pdf
SAP Learning hub S4F29 - Profitability Analysis in SAP S/4HANA pdf

Where to get Study Material and books for C_TS4CO_2023?

You can check here SAP S/4HANA for Management Accounting Associates books.

In how many languages C_TS4CO_2023 exam available?

German, English

What is the level of SAP S/4HANA Cloud Private Edition, Management Accounting Associates exam?

Associate

What is the process to register C_TS4CO_2023 exam?

Go to training.sap.com and register with your E-Mail id.
Confirm your email address and finish the registration.
If you are planning to take only this exam, then you need to buy for Single attempt subscription which is CER001. CER001 giver 12 months period in which you can schedule the C_TS4CO_2023 exam.

Search for product CER001 on SAP website and add it to cart and do the checkout.
If you are planning to do multiple SAP certifications, then you should consider buying CER006 product. CER006 also gives 12 months period in which you can schedule maximum 6 exams.

Once you have purchased either CER001 or CER006, you will get access to SAP certification hub.
Click on your profile icon and select “Access purchased Subscriptions” as shown below:

Go to SAP certification hub. click on “Exam Dashboard”. Next, click on “Schedule an exam” and you are good to go.

Successful completion will make you receive an SAP Certification digital badge for your accomplishment.

How is the exam conducted?

SAP C_TS4CO_2023 Certification exam is remotely proctored via a webcam on your PC or laptop, and you can schedule your exam 24/7 via Certification Hub.

Do I need to go someplace to take the C_TS4CO_2023 exam?

No, exams are available online 24/7 and each exam is proctored remotely. You can take exams anywhere in the world as long as you have an Internet connection and a laptop or desktop computer with a webcam.

Do I need to be alone to take exam?

Yes, phone should also be switched off. Your exam supervisor or examiner will ask you to rotate your webcam around the room prior to beginning your SAP Certification exam. Please ensure the area contains only permitted items approved by your exam supervisor. Whiteboards and bulletin boards must be cleared, erased, or covered, unless they are facing away from you. All cell phones, tablets, and other communication or recording devices must be removed from the computer area.

Can I take SAP C_TS4CO_2023 Certification exam on a tablet computer?

No, tablets are not supported.

What do I receive after successful completion of exam?

Successful examinees receive an SAP Certification digital badge for their accomplishment.

What is the benefit of taking the exam?

Gain a highly recognized accreditation of excellence.
Differentiate yourself in the labour market.
Validate your skills to execute with confidence.
Possibility to attain higher wages and billable rates with a highly valued credential.

Can I retake for SAP S/4HANA Cloud Private Edition, Management Accounting Associates exam, if fail?

You can attempt C_TS4CO_2023 exam 2 more times. If in worst case, you still could not clear the exam after 2 times, then you will have to wait for next version of exam to arrive.

How can I get the practice questions for exam C_TS4CO_2023?

Practice questions are very important to understand the pattern of exam. You can check C_TS4CO_2023 practice questions here.

What topics are covered in Book TS4F03 (Management Accounting in SAP S/4HANA - Academy Part I)?

1st week
- Organizational structures and master data in overhead cost controlling
- Event-based postings to cost centers and internal orders
- Periodic cost allocation and activity allocation procedures within overhead cost controlling
- Planning of cost and cost allocations within overhead cost controlling
- Internal order overview and master data
- Event-based postings to internal orders
- Period-end closing of the internal orders
- Planning on cost centers and internal orders
- Budgeting and availability control on cost centers and internal orders
- New commitment management solutions on cost centers
2nd week
- Profitability management
- Profit center master data
- Actual postings to profit centers
- Profit center planning
- Transfer pricing concept
- Product cost planning methods
- Product cost planning basics
- Material cost estimate without quantity structure
- Product cost planning configuration
- Material cost estimate with quantity structure
- Additional costing functions
- Extended valuation methods: mixed cost estimate, using special procurement types, costing subcontracting operations, calculation scrap, costing product with multiple variants, costing co-products, describe material ledger.

What topics are covered in Book S4F22 (Cost Center and Internal Order Accounting in SAP S/4HANA)?

Overview of SAP S/4HANA
Organizational structures and master data in overhead cost controlling
Account assignment of costs to cost centers and internal orders
Tools for transaction-based postings within overhead cost controlling
Periodic cost allocation procedures within overhead cost controlling
Planning on cost centers and internal orders in Embedded BW of SAP S/4HANA
Budget management and availability control with internal orders
Budgeting on Cost Centers
Commitments on Cost Centers
Cost Center Planning Content in SAP Analytics Cloud

What topics are covered in Book S4F23 (Product Cost Planning in SAP S/4HANA)?

Material cost estimate without quantity structure
Preparation for Product Cost Planning
Product Cost Planning Configuration
Material cost estimate with quantity structure
Costing run (mass processing)
Advanced cost estimate methods
Extended valuation methods: mixed costing, raw material cost estimate, special procurement keys, scrap
Joint product cost estimates
Valuation Options

What topics are covered in Book TS4F04 (Management Accounting in SAP S/4HANA Academy Part II)?

Product cost by period for make to stock manufacturing using the product cost collector.
Product cost by order for make to stock manufacturing at order level using production order and process order.
Product cost by sales order for make to order manufacturing and service.
Preliminary costing, simultaneous costing and period end closing for all production scenarios as named above.
Variance analysis and results analysis.
Profitability management in SAP S/4 HANA
Analyze organizational structures and master data in Profitability Analysis
Perform Alignment in COPA and valuation in COPA
Actual posting within main business processes to COPA
Perform planning and plan-integration using the valuation in COPA
Create reports in COPA
Use tools to analyze customizing and value flows in COPA

What topics are covered in Book S4F29 (Profitability Analysis in SAP S/4HANA)?

Profitability management in SAP S/4 HANA, statement of direction
Analyze organizational structures and master data in Profitability Analysis
Perform Alignment in COPA and valuation in COPA costing based
Actual posting within main business processes to COPA
Perform planning and plan-integration using the valuation in COPA costing based
Create reports in COPA costing based and Margin Analysis.
Use tools to analyze customizing and value flows in COPA

What topics are covered in Book S4F28 (Profit Center Accounting in SAP S/4HANA)?

Profitability Management
- Outlining Profitability and Sales Accounting Options
- Outlining Global Settings in SAP General Ledger Accounting
Profit Center Master Data
- Creating Profit Center Master Data
- Assigning Profit Centers to Account Assignment Objects
Profit Center Accounting (PCA) Actual Postings
- Explaining Profit Center Updates
- Explaining the Data Flow in Financial Accounting
- Integrating Profit Centers and Materials Management (MM)
- Integrating Cost Object Controlling (COC) and PCA
- Integrating Sales and Distribution (SD) and PCA
- Processing Allocations in PCA
Profit Center Planning
- Outlining the basic concept of Profit Center Planning with SAP BPC Optimized for SAP S/4HANA
Transfer Pricing
- Overview of transfer price concept

How to get SAP S/4HANA Cloud Private Edition, Management Accounting Associates certification dumps?

Check it out here: C_TS4CO_2023 certification dumps

Tags: