C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) Practice Exam

C_TS4FI_2021 SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)  Practice Exam Practice Exam


About C_TS4FI_2021 SAP Certified Application Associate Practice Exam

The C_TS4FI_2020 SAP S/4HANA for Financial Accounting Associates exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial Accounting. It tests that the candidate has a good overall understanding of this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant.


Who should take the exam?

The C_TS4FI_2020 SAP S/4HANA for Financial Accounting Associates exam is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".


Exam Details

  • Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) 
  • Exam Code: C_TS4FI_2021  
  • Exam Duration: 180 mins
  • Total Questions: 80 questions
  • Passing Score: 63% and more
  • Language: English, French, Japanese, Chinese


Course Outline

The C_TS4FI_2021 SAP exam covers the following topics - 

Domain 1 - Overview of Financial Closing > 12%

  • Learn to perform month and year-end closing in Financial Accounting
  • Learn to create a balance sheet
  • Learn to create profit and loss statements
  • Learn to monitor closing operations using the Financial Closing Cockpit
  • Learn to manage accruals
  • Learn to manage posting periods


Domain 12- Overview of General Ledger Accounting > 12%

  • Learn to create and maintain general ledger accounts, exchange rates, bank master data and define house banks.
  • Learn to create and reverse general ledger transfer postings
  • Learn to post cross-company code transactions
  • Learn to create profit centers and segments
  • Learn to clear an account and define and use a chart of accounts
  • Learn to maintain tolerances, tax codes, and post documents with document splitting.


Domain 3 - Overview of Accounts Payable & Accounts Receivable > 12%

  • Learn to create and maintain business partners
  • Learn to post invoices and payments and use special g/l transactions
  • Learn to reverse invoices and payments
  • Learn to block open invoices for payment
  • Learn to configure the payment program
  • Learn to manage partial payments
  • Learn to define the customizing settings for the Payment Medium Workbench
  • Learn to use the debit balance check for handling payments
  • Learn to define terms of payment and payment types
  • Learn the connection of customers to vendors
  • Learn to describe integration with procurement and sales


Domain 3 - Overview of Asset Accounting > 12%

  • Learn to create and maintain charts of depreciation and depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system.
  • Learn to set up valuation and depreciation
  • Learn to perform periodic and year-end closing processes
  • Explain and configure parallel accounting.


Domain 4 - Overview of Organizational Assignments and Process Integration > 12%

  • Learn to manage Organizational Units, currencies
  • Learn to configure Validations and Document Types
  • Learn to utilize Reporting Tools
  • Learn to configure Substitutions, and manage Number ranges.


Domain 5 - Overview and Deployment of SAP S/4HANA < 8%

  • Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.


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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