C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2021) Practice Exam

C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2021) Practice Exam


About C_TS4CO_2021 SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2021) Practice Exam

The SAP C_TS4CO_2021 exam states that the candidate holds basic knowledge and skills in the field of SAP S/4HANA Management Accounting. It examines that the candidate has a fine understanding of this consultant profile and can execute this knowledge in projects under the supervision of an experienced consultant.


Required Knowledge

It is suggested as an entry-level to allow consultants to get accustomed to Management Accounting projects.


Who should take this exam?

This certification is the ideal point for a professional as a Management Accounting consultant on the SAP S/4HANA. If expertise in the SAP implementation projects of Management Accounting are supplemented over years, a career can be validated by taking a second exam which concentrates on the migration from SAP ERP to SAP S/4HANA: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts.


Course Outline 

The C_TS4CO_2021 includes the following topics - 

Domain 1 - Overview of Cost Center Accounting (>12%)

  • Learn to define , create, and confiigure the cost center hierarchies, cost centers, and cost center groups.
  • Learn to determine the usage of Cost Center Accounting and verities of planning, cost center characteristics, and attributes, cost center accounting activity types, planning needs, plan allocations, and actual allocations for the cost centers. 


Domain 2 - Overiew of Product Cost Planning 

  • Learn to determine and configure the product cost planning, defining the interface from CO-PCP to CO-PA (Profitability Analysis) and costing for alternative costings
  • Learn to determine the cost elements foundation, cost element structure, planning needs, costing variants, and multi-level, and carrying out a Price update in the material master record.


Domain 3 - Overview of Profitability Analysis

  • Learn to determine the value fields, functions, and summary, determine the planning, actual and process, and security needs, designing process flows
  • Learn to develop the authorization for reporting FI / CO data.
  • Learn to configure profitability analysis and determine the operating, and assignment to the controlling area.
  • Learn to determine to define the currency and assign the chart of accounts, results, and revenue recognition (in association with FI and SD), and configure the period-end closing for the PA.


Domain 4 - Overview of Cost Object Controlling 

  • Learn to configure the cost object controlling - planning, and customizing, and completing the cost object controlling in a make-to-the-stock situation and in a make-to-order.
  • Learn to determine the analysis of the results, WIP, variances, and revenue (in cooperation with FI and SD) and configure end closing for the cost objects.


Domain 5 - Overview of Internal Orders 

  • Learn to distinguish between order and order types. Circumscribing plan data, commitments, and requirements for internal orders and determining the period-end closing activities.
  • Learn to define, build, and configure the internal orders and produce a thought for internal order accounting, customize physical order accounting, manage the settlement rules, and configure the period-end closing for the IOA.


Domain 6 - Overview of Reporting 

  • Learn to command customary reporting needs for cost centers, configure the cost center reporting,
  • Learn to create the report painter addresses and drill-down reports.


Domain 7 - Overview of Organizational Assignments and the Process Integration

  • Learn to define scopes and methods in Management Accounting, cross-company code design, production execution, inbound freight,  sales pricing, stock alterations
  • Learn to record valuation and transfer pricing, work in means rules, and high-level needs for organization units.
  • Learn to configure the budgeting and availability control frameworks and period-end closing
  • Learn to define the statistical key personalities, and assigning the controlling field to company codes and operating concerns. 


Domain 8 - Overview of Profit Center Accounting

  • Learn to create organizational charts for for-profit centers
  • Learn to determine the Profit Centers, creating the Profit Centers and checking master data tasks
  • Learn to configure the period-end closing for PCA.


What do we offer?

  • Full-Length Mock Test with unique questions in each test set
  • Practice objective questions with section-wise scores
  • In-depth and exhaustive explanation for every question
  • Reliable exam reports evaluating strengths and weaknesses
  • Latest Questions with an updated version
  • Tips & Tricks to crack the test
  • Unlimited access

What are our Practice Exams?

  • Practice exams have been designed by professionals and domain experts that simulate real-time exam scenario.
  • Practice exam questions have been created on the basis of content outlined in the official documentation.
  • Each set in the practice exam contains unique questions built with the intent to provide real-time experience to the candidates as well as gain more confidence during exam preparation.
  • Practice exams help to self-evaluate against the exam content and work towards building strength to clear the exam.
  • You can also create your own practice exam based on your choice and preference 

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