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

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

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    FAQ - SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting
    Disclaimer: This blog is independently written and is not affiliated with, endorsed by, or sponsored by SAP SE. All trademarks, exam codes, and product names mentioned are the property of their respective owners. No real exam questions or SAP-proprietary content is used in this article. Only SAP's publicly available information is collected to guide the exam takers accurately.

    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/courses needs to be read for exam C_TS4CO_2023?

    1. Cost Center and Internal Order Accounting in SAP S/4HANA (S4F22, 16 hr +)
    2. Product Cost Planning in SAP S/4HANA (S4F23, 18 hr +)
    3. Cost Object Controlling in SAP S/4HANA (S4F25, 35 hr +)
    4. Profit Center Accounting in SAP S/4HANA (S4F28, 5 hr +)
    5. Profitability Analysis in SAP S/4HANA (S4F29, 17 hr +)
    6. Introducing RISE with SAP Methodology for SAP Partners and Customers (SL_RISE419, 1 hr +)
    7. Implementing SAP S/4HANA Cloud Private Edition (S4C03, 12 hr +)

    Where to get Study Material and books for C_TS4CO_2023?

    You can check here the learning journey provided by SAP here Implementing Management Accounting in SAP S/4HANA

    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?

    SAP certification entrollment steps

    • 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_ABAPD_2507 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":
    • 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.

    What topics are covered in Course Cost Center and Internal Order Accounting in SAP S/4HANA?

    • SAP S/4HANA Overview
    • Organizational Units and Master Data
    • Event-Based Postings
    • Period-End Closing
    • Internal Order Overview of Master Data
    • Event-Based Postings for Internal Orders
    • Period-End Closing of the Internal Orders
    • Planning
    • Budgeting and Availability Control
    • New Commitment Management Solution on Cost Centers

    What topics are covered in Course Product Cost Planning in SAP S/4HANA?

    • Defining Product Cost Planning Methods
    • Understanding Product Cost Planning Basics
    • Creating Material Cost Estimates Without Quantity Structure
    • Understanding Product Cost Planning Configuration
    • Understanding Material Cost Estimate with Quantity Structure
    • Managing Additional Costing Functions
    • Describing Additional Valuation Methods

    What topics are covered in Course Cost Object Controlling in SAP S/4HANA?

    • Controlling Object Cost
    • Controlling Product Cost by Period
    • Controlling Product Cost by Period for Period-End Closing
    • Controlling Product Cost by Order
    • Controlling Product Cost by Order for Period-End Closing
    • Exploring Sales-Order-Related Production Scenarios in Cost Object Controlling
    • Controlling Product Cost by Sales Order with Production
    • Configuring Product Cost Controlling by Sales Order
    • Controlling Product Cost by Sales Order for Period-End Closing
    • Controlling Product Cost by Sales Order without Production (Service)
    • Understanding Information Systems for Product Cost Controlling

    What topics are covered in Course Profit Center Accounting in SAP S/4HANA?

    • Understanding Profitability Management
    • Using Profit Center Master Data
    • Using Profit Center Accounting (PCA) Actual Postings
    • Applying Profit Center Planning
    • Understanding Transfer Pricing

    What topics are covered in Course Profitability Analysis in SAP S/4HANA?

    • Understanding Profitability Management
    • Exploring Structures
    • Identifying Master Data
    • Understanding Actual Data
    • Executing Planning
    • Creating Information Systems
    • Exploring Tools and Attachment

    What topics are covered in Course Introducing RISE with SAP Methodology for SAP Partners and Customers?

    • Understanding the RISE with SAP Methodology
    • Defining the Key Components of RISE with SAP Methodology
    • Exploring the RISE with SAP Methodology Dashboard

    What topics are covered in Course Implementing SAP S/4HANA Cloud Private Edition?

    • Introducing SAP S/4HANA Cloud Private Edition
    • Building the Implementation Team
    • Defining System Landscapes
    • Setting Up Systems for Implementation
    • Creating Users and Defining Authorizations
    • Gathering Data in Fit-to-Standard Workshops
    • Validating and Configuring Business Processes
    • Working with the SAP Fiori Launchpad
    • Customizing Applications
    • Setting Up Integrations
    • Migrating Data
    • Testing Configured Business Processes

    Tags:

    C_TS4CO_2023 FAQ | C_TS4CO_2023 detail | C_TS4CO_2023 study material

     

    The Exam Questions Team

    About The Author

    The Exam Questions Team comprises certified consultants and industry experts dedicated to providing accurate, up-to-date exam preparation resources. With years of experience in various technologies, our goal is to empower professionals to achieve their certification goals through high-quality study materials and practical insights.

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