C_TS4FI_2021

C_TS4FI_2021 SAP S/4HANA for Financial Accounting Exam

If you’re interested in pursuing a career in finance, you’ve likely heard of SAP S/4HANA. It’s a leading enterprise resource planning (ERP) system that’s widely used in the finance industry. And if you’re looking to demonstrate your expertise in using SAP S/4HANA, taking the SAP S/4HANA for Financial Accounting Associate C_TS4FI_2021 exam is a great way to do so. In this article, we’ll take a closer look at what this exam is, what it covers, and how you can prepare for it.

 

What is the SAP S/4HANA for Financial Accounting Associate Exam?

The C_TS4FI_2021 exam is designed for individuals who have a good understanding of financial accounting processes and want to demonstrate their knowledge of SAP S/4HANA. The exam is available in several languages, including English, Spanish, French, German, Japanese, Portuguese and Chinese. The exam consists of 80 multiple-choice questions to be answered in 3-hour duration with a passing score of 63% and covers a wide range of topics related to financial accounting in SAP S/4HANA.

 

What Does the C_TS4FI_2021 Exam Cover?

The CTS4FI 2021 exam covers the following topics:

• Financial Accounting Basics: This section covers the basics of financial accounting, such as the accounting equation, chart of accounts, and financial statements.
• General Ledger Accounting: This section covers the general ledger accounting processes in SAP S/4HANA, including posting journal entries, managing document splitting, and using the new general ledger.
• Accounts Payable and Receivable: This section covers the accounts payable and receivable processes in SAP S/4HANA, including creating vendor and customer master data, processing invoices, and managing payments.
• Asset Accounting: This section covers the asset accounting processes in SAP S/4HANA, including creating asset master data, managing asset transactions, and performing depreciation runs.
• Financial Closing: This section covers the financial closing processes in SAP S/4HANA, including performing a balance sheet and profit and loss statement, managing period-end closing, and using the closing cockpit.

 

How Can You Prepare for the Exam?

If you’re interested in taking the C_TS4FI_2021 SAP S/4HANA for Financial Accounting Associate exam, there are several things you can do to prepare such as reviewing the exam syllabus to make sure you’re familiar with the topics covered in the exam. Taking training courses provided by Certsgrade for SAP S/4HANA, including courses specifically designed for the C_TS4FI_2021 exam will highly benefit during preparation. At Certsgrade.com you can also practice sample questions and get pdf dumps to test your knowledge and get a sense of what the exam will be like. There are many online resources available, including blogs, forums, and study groups, where you can get help and advice from others who have taken the exam.

Course Content for C_TS4FI_2021 SAP S/4HANA Financial Accounting Associate Exam

The SAP S/4HANA for Financial Accounting Associate (SAP S/4HANA 2021) exam is designed to assess a candidate’s knowledge and skills related to the financial accounting functionality in SAP S/4HANA. The following is a suggested course content that covers the topics and concepts included in the exam:

Introduction to SAP S/4HANA for Financial Accounting

• Overview of SAP S/4HANA for Financial Accounting
• Differences between SAP S/4HANA and SAP ECC
• Key features of SAP S/4HANA for Financial Accounting

General Ledger Accounting

• Chart of accounts and account groups
• Journal entries and posting periods
• Document splitting and segment reporting
• Validation and substitution rules
• Periodic processing (e.g., balance sheet and profit and loss statement)

Accounts Receivable Accounting

• Customer master data and sales orders
• Invoice creation and processing
• Credit management and dunning
• Incoming payments and bank reconciliation
• Special G/L transactions (e.g., down payments and guarantees)

Accounts Payable Accounting

• Vendor master data and purchase orders
• Invoice verification and processing
• Payment processing and bank reconciliation
• Special G/L transactions (e.g., down payments and guarantees)

Asset Accounting

• Asset master data and transactions
• Depreciation calculation and postings
• Asset acquisition and retirement
• Transfer and scrapping of assets
• Integration with general ledger accounting and controlling

Financial Closing

• Closing activities and periods
• Financial statement preparation (balance sheet and profit and loss statement)
• Consolidation and intercompany reconciliation
• Data migration and legacy system transition

Reporting and Analytics

• SAP S/4HANA reporting tools and applications (e.g., SAP Fiori and SAP Analytics Cloud)
• Customizing financial reports and dashboards
• Data analysis and trend identification
• Integration with other SAP modules and external systems

Governance, Risk, and Compliance

• SAP S/4HANA compliance and risk management tools (e.g., SAP Risk Management and SAP Process Control)
• Data privacy and security measures
• Auditing and monitoring capabilities
• Internal controls and segregation of duties

Each of these topics should be covered in detail to provide a comprehensive understanding of SAP S/4HANA for Financial Accounting. After completing this course, students should be able to pass the c_ts4fi_2021 exam with confidence and demonstrate their proficiency in SAP S/4HANA for Financial Accounting.

 

Conclusion

The SAP S/4HANA for Financial Accounting Associate C_TS4FI_2021 exam is a great way to demonstrate your expertise in financial accounting processes and SAP S/4HANA. By reviewing the exam syllabus, taking a training course, practicing with sample questions, and using online resources, you can prepare yourself for success on the exam. This SAP certification is a great achievement for your professional development in IT industry. In conclusion, this IT course provides a comprehensive overview of the latest technologies and industry best practices. We hope you found it useful. Keep learning and growing! Connect with us on:

 

Pinterest

Facebook

Twitter

YouTube