C_TS4CO_2023_SAP Certified Associate - SAP S/4HANA for Management Accounting Associates Practice Exam

The C_TS4CO_2023: SAP Certified Associate – SAP S/4HANA for Management Accounting Associates is a professional certification that shows expertise in using SAP S/4HANA for financial and management accounting processes. It shows that a person can manage financial data, create reports, and support business decision-making using SAP tools. This certification is ideal for finance professionals, accountants, and SAP consultants who want to strengthen their knowledge of S/4HANA accounting solutions.

Recognized globally, this certification helps professionals stand out in finance and SAP-related roles. By earning the C_TS4CO_2023 credential, individuals demonstrate the ability to configure management accounting modules, analyze financial data, and ensure accurate reporting. Organizations benefit from certified professionals who can optimize accounting processes, improve financial visibility, and support strategic business decisions.

 

Who should take the Exam?

This exam is ideal for:

• Management Accounting Consultants
• SAP S/4HANA Consultants
• Financial Analysts
• Cost Accountants
• Business Process Analysts
• SAP Implementation Team Members

 

Skills Required

• SAP S/4HANA Navigation
• Management Accounting Processes
• Financial Reporting
• Cost Allocation Techniques
• Internal Controls
• Data Analysis and Interpretation
• System Configuration and Customization

 

Knowledge Gained

• Cost Center Accounting
• Internal Order Accounting
• Product Cost Planning
• Cost Object Controlling
• Profitability Analysis
• Profit Center Accounting
• Organizational Assignments and Process Integration
• Reporting and Analytics

Course Outline

The C_TS4CO_2023_SAP Certified Associate - SAP S/4HANA for Management Accounting Associates Exam covers the following topics - 

Domain 1 - Managing Clean Core (≤10%)

• Describes an up-to-date IT system with the latest releases, cloud-compliant extensions, and integrations, with optimal primary data quality and process design.
• Describes the main aspects of an ERP system, including extensibility, processes, data integration, and operation.

 

Domain 2 - Cost Center Accounting (11% - 20%)

• 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 3 - Product Cost Planning (11% - 20%) 

• 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 4 - Profitability Analysis (11% - 20%)

• 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 5 - Cost Object Controlling (11% - 20%)

• 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 6 - Internal Order Accounting (11% - 20%)

• 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 7 - Reporting (≤10%)

• 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 8 - Organizational Assignments and Process Integration (≤10%)

• 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 9 - Overview of Profit Center Accounting (≤10%)

• 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.