C_TS4CO_2020 SAP Certified Application Associate – SAP S/4HANA for Management Accounting
The C_TS4CO_2020 SAP Certified Application Associate – SAP S/4HANA for Management Accounting certification exam validates that the candidate possesses basic knowledge, skills, and abilities in the area of SAP S/4HANA Management Accounting. Moreover, it tests that the candidate holistically has a good understanding of this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. Also, if experience in SAP implementation projects of management accounting is added over years, a professional career can be validated by taking another exam that focuses on the migration from SAP ERP to SAP S/4HANA: SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Financials experts.
Prerequisites
For this exam, it is recommended for the candidate to have an entry-level qualification so as to allow consultants to get familiar with management accounting projects. This certification exam is basically the ideal starting point for your professional career as a management accounting consultant on SAP S/4HANA.
Scheduling the exam
You can register for the exam by following the given steps:
- In order to schedule an online exam, you have to visit the Certification Hub.
- Review the available exams that are listed on the Exam Dashboard menu, and then schedule a suitable exam appointment time and date.
- After this, a message will appear confirming you have successfully placed an order. Further, you will be sent a booking confirmation email that confirms the details of your booking.
- Read the email carefully so as to ensure that all the details are correct. If any details are incorrect, contact your local SAP representative. Provide your order number to the specialist handling your query, found in the Order Summary section.
- Moreover, to schedule an onsite exam, find a location near you at one of our SAP Training Centers.
Exam Details
| No. of questions | 80 |
| Type of questions | Multiple-choice questions |
| Passing Score | 64% |
| Exam Language | German, English, Spanish, French, Russian, Chinese |
| Time Duration | 180 min |
For more details and any other queries, visit the C_TS4CO_2020 SAP Certified Application Associate – SAP S/4HANA for Management Accounting FAQs
C_TS4CO_2020 SAP Certified Application Associate – SAP S/4HANA for Management Accounting Course Outline
Moreover, the syllabus of the exam has been classified broadly into six domains and their subdomains that are mentioned below:
Domain 1. Cost Center Accounting (> 12%)
Define, create and configure cost centers, cost center hierarchies, and cost center, groups. Determine the 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.
Domain 2. Product Cost Planning (> 12%)
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.
Domain 3. Profitability Analysis (> 12%)
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 the 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.
Domain 4. Cost Object Controlling (> 12%)
Determine and configure cost object controlling – planning and actuals, and customize and complete cost object controlling in a make to the 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.
Domain 5. Internal Orders (8% – 12%)
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.
Domain 6. Reporting (8% – 12%)
Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports.
Domain 7. Organizational Assignments and Process Integration (8% – 12%)
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 concerns. Check number ranges and first integration flows with other modules (CO), and configure versions.
Domain 8. Profit Center Accounting (< 8%)
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.
C_TS4CO_2020 SAP Certified Application Associate – SAP S/4HANA for Management Accounting Study Guide
Review the exam objectives
First of all, you should familiarize yourself with all the topics and subtopics that are there in the Business Analytics(Advanced)Module exam syllabus. This will help you gather a fair idea about required learning and will help you distribute your learning preparation. Also, the practical application of what you learn is really important so keep that in mind while studying. So, start your preparation by going through the syllabus thoroughly.
Review the details of exam
The next step towards preparing for the exam is to thoroughly go through the details of the exam including details about the type and number of questions and also the time allotted. This helps you give a direction to your learning and also analyze the time allotted so as to manage time well, during the exam. Thus, make sure that you are aware of all the minute details.
Study Resources
- Instructor-led training:
- live classes by instructor
- traditional and virtual classroom experience alongside your peers
- Self-paced training:
- avail course materials and practice lessons on your own time
- 24×7 access to the latest resources and forums
- SAP learning hub:
- visual learning journey guides
- virtual learning space to connect with SAP experts and fellow peers
- content previews of the latest learning resources across the SAP software portfolio
- a flexible solution that adapts to the way you learn best
- You can also follow the SAP S/4HANA Management Accounting Certification Guide: Application Associate Exam book for exam preparation.
Join study groups
Also, joining study groups and communities can also prove to be of great help. This acts as a platform that connects professionals and beginners which in a way helps you get your queries solved and alongside, gives you the opportunity to have healthy discussions with peers from the same background. Hence, joining these groups helps to keep you updated.
Practice tests
Lastly, comes the most crucial step of preparation is practicing questions. This helps in refining the knowledge that you have gathered from different study resources. This not only helps in the evaluation of your current preparation but also helps in boosting your confidence such that the actual exam feels like just another practice test. There are various practice tests that are available online but the reliability of the practice tests that we offer is really high. They are designed by professionals and are enough for you to practice and ace the exam.
