SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021)
Last Update May 17, 2024
Total Questions : 80
Our SAP Certified Application Associate C_TS4FI_2021 exam questions and answers cover all the topics of the latest SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) exam, See the topics listed below. We also provide SAP C_TS4FI_2021 exam dumps with accurate exam content to help you prepare for the exam quickly and easily. Additionally, we offer a range of SAP C_TS4FI_2021 resources to help you understand the topics covered in the exam, such as SAP Certified Application Associate video tutorials, C_TS4FI_2021 study guides, and C_TS4FI_2021 practice exams. With these resources, you can develop a better understanding of the topics covered in the exam and be better prepared for success.
| Exam Name | SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) |
| Exam Code | C_TS4FI_2021 |
| Actual Exam Duration | The duration of the SAP C_TS4FI_2021 exam is 180 minutes (3 hours). |
| Expected no. of Questions in Actual Exam | 80 |
| What exam is all about | SAP C_TS4FI_2021 is an exam that tests the knowledge and skills of candidates in the area of SAP S/4HANA Financial Accounting. The exam covers topics such as financial accounting basics, general ledger accounting, accounts payable and receivable, asset accounting, and financial closing. The exam is designed for professionals who work with SAP S/4HANA Financial Accounting and want to demonstrate their expertise in this area. Passing the exam leads to the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) certification. |
| Passing Score required | The passing score required in the SAP C_TS4FI_2021 exam is 65%. This means that you need to answer at least 65% of the questions correctly to pass the exam. It is important to note that the actual passing score may vary depending on the difficulty level of the exam. Therefore, it is recommended that you aim to score higher than the passing score to increase your chances of passing the exam. |
| Competency Level required | The SAP C_TS4FI_2021 exam is designed for individuals who have a good understanding of financial accounting processes and SAP S/4HANA Financial Accounting. The competency level required for this exam is intermediate to advanced. Candidates should have a solid understanding of financial accounting principles, SAP S/4HANA Financial Accounting, and the integration of financial accounting with other SAP modules. They should also have experience working with SAP S/4HANA Financial Accounting in a real-world environment. Candidates should be able to demonstrate their knowledge and skills in financial accounting processes, SAP S/4HANA Financial Accounting, and the integration of financial accounting with other SAP modules. They should also be able to apply this knowledge to solve real-world business problems. |
| Questions Format | The SAP C_TS4FI_2021 exam consists of multiple-choice questions, where candidates are required to select one or more correct answers from a list of options. The exam also includes scenario-based questions, where candidates are presented with a business scenario and asked to apply their knowledge of SAP Financial Accounting to solve the problem. Additionally, the exam may include drag-and-drop questions, where candidates are required to match items or concepts to their appropriate categories or locations. Finally, the exam may include fill-in-the-blank questions, where candidates are required to enter a word or phrase to complete a sentence or statement. |
| Delivery of Exam | The SAP C_TS4FI_2021 exam is an online proctored exam that can be taken from anywhere with a stable internet connection. The exam is delivered through the SAP Certification Hub and is monitored by a remote proctor to ensure the integrity of the exam. The exam format is multiple-choice and consists of 80 questions that must be completed within 180 minutes. |
| Language offered | The SAP C_TS4FI_2021 exam is offered in English language only. |
| Cost of exam | However, you can visit the official SAP website or contact their customer support for the latest pricing information. |
| Target Audience | The SAP C_TS4FI_2021 certification exam is designed for individuals who have experience in SAP Financial Accounting and Controlling (FI/CO) and are seeking to validate their skills and knowledge in this area. The target audience for this exam includes: 1. SAP FI/CO consultants who want to demonstrate their expertise in SAP Financial Accounting and Controlling. 2. Business analysts who work with SAP FI/CO modules and want to validate their knowledge. 3. Project managers who are responsible for implementing SAP FI/CO solutions and want to ensure that their team members have the necessary skills. 4. SAP end-users who want to enhance their knowledge of SAP FI/CO and improve their job performance. 5. Students and professionals who are interested in pursuing a career in SAP FI/CO and want to demonstrate their knowledge and skills to potential employers. |
| Average Salary in Market | The average salary for an SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2021) is around $90,000 per year in the United States. However, the salary may vary depending on the location, experience, and industry. |
| Testing Provider | You can visit the official SAP website to register for the exam or contact a certified SAP training provider for more information. |
| Recommended Experience | I can provide you with the recommended experience for SAP C_TS4FI_2021 exam. The recommended experience for SAP C_TS4FI_2021 exam includes: 1. Basic knowledge of financial accounting principles and concepts 2. Experience in SAP S/4HANA Finance implementation projects 3. Knowledge of SAP S/4HANA Finance configuration and customization 4. Understanding of financial reporting and analysis 5. Familiarity with SAP S/4HANA Finance modules such as General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, and Financial Closing. It is also recommended to have hands-on experience with SAP S/4HANA Finance and to have completed relevant training courses before taking the exam. |
| Prerequisite | The prerequisites for the SAP C_TS4FI_2021 exam are: 1. Basic knowledge of financial accounting principles and concepts 2. Understanding of SAP S/4HANA Finance functionality and features 3. Experience with SAP S/4HANA Finance implementation and configuration 4. Familiarity with SAP S/4HANA Finance data migration and integration 5. Knowledge of SAP S/4HANA Finance reporting and analytics tools 6. Understanding of SAP S/4HANA Finance security and authorization concepts. |
| Retirement (If Applicable) | SAP usually announces the retirement date of their exams on their official website. It is recommended to check the SAP website or contact their support team for the latest information on the retirement date of the C_TS4FI_2021 exam. |
| Certification Track (RoadMap): | The certification track or roadmap for the SAP C_TS4FI_2021 exam is as follows: 1. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (C_TS4FI_2021) This is the entry-level certification for SAP S/4HANA Financial Accounting Associates. It validates the candidate's knowledge and skills in the area of financial accounting in SAP S/4HANA. 2. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials Experts (P_S4FIN_2020) This certification is for SAP ERP Financials Experts who want to validate their knowledge and skills in the area of financials in SAP S/4HANA. It covers advanced topics such as financial closing, financial accounting, management accounting, and financial planning and analysis. 3. SAP Certified Application Associate - SAP S/4HANA Cloud, essentials edition implementation with SAP Activate (C_TS4C_2021) This certification is for consultants who want to validate their knowledge and skills in implementing SAP S/4HANA Cloud, essentials edition using SAP Activate methodology. It covers topics such as project planning, system configuration, data migration, and testing. 4. SAP Certified Application Associate - SAP S/4HANA Cloud, extended edition implementation with SAP Activate (C_TS4C_2021) This certification is for consultants who want to validate their knowledge and skills in implementing SAP S/4HANA Cloud, extended edition using SAP Activate methodology. It covers topics such as project planning, system configuration, data migration, and testing. 5. SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation (C_S4CFI_2105) This certification is for consultants who want to validate their knowledge and skills in implementing SAP S/4HANA Cloud - Finance. It covers topics such as financial accounting, management accounting, financial planning and analysis, and treasury and risk management. 6. SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (C_TS4CO_2020) This certification is for consultants who want to validate their knowledge and skills in the area of management accounting in SAP S/4HANA. It covers topics such as cost center accounting, product costing, profitability analysis, and internal orders. Overall, the SAP C_TS4FI_2021 exam is the first step in the certification track for SAP S/4HANA Financial Accounting Associates, and there are several other certifications available for consultants who want to specialize in different areas of SAP S/4HANA. |
| Official Information | https://training.sap.com/certification/c_ts4fi_2021-sap-certified-application-associate---sap-s4hana-for-financial-accounting-associates-sap-s4hana-2021-g/ |
| See Expected Questions | SAP C_TS4FI_2021 Expected Questions in Actual Exam |
| Take Self-Assessment | Use SAP C_TS4FI_2021 Practice Test to Assess your preparation - Save Time and Reduce Chances of Failure |
| Section | Weight | Objectives |
|---|---|---|
| Financial Closing | > 12% | Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, post accruals with accrual documents and recurring entry documents, and manage posting periods.
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| General Ledger Accounting | > 12% | Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting.
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| Accounts Payable & Accounts Receivable | > 12% | Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales.
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| Asset Accounting | > 12% | Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting.
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| Organizational Assignments and Process Integration | > 12% | Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges.
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| Overview and Deployment of SAP S/4HANA | Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.
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TESTED 18 May 2024
