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SAP C-TS4CO-2021 Exam Description:
PLEASE NOTE: This certification has been published for early adopters. Some recommended ‘ways to attain’ are not yet available. - - - - - - - - - - - - - - - -The 'SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates (SAP S/4HANA 2021)' certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Management Accounting. It tests that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under the guidance of an experienced consultant. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects. This certificate is the ideal starting point for a professional career as a Management Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Management Accounting are added over years, a professional career can be validated by taking a second exam which 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". The certificate issued for passing this exam will be valid for 5 years.
SAP C-TS4CO-2021 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Cost Object Controlling > 12% | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to 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. |
| 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 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. |
| 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. |
| Internal Order Accounting 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. |
| Reporting 8% - 12% | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. |
| 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 concern. Check number ranges and first integration flows with other modules (CO), and configure versions. |
| 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. |
| Cost Center Accounting > 12% | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine 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. |
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SAP C-TS4CO-2021 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Integration with Financial Accounting (FI) | - Real-time integration between FI and CO - Universal Journal (ACDOCA) impact |
| Cost Center Accounting | - Cost center planning and budgeting - Actual postings and allocations |
| Product Costing | - Cost component split and costing variants - Cost object controlling |
| Profitability Analysis (CO-PA) and Margin Analysis | - Account-based profitability analysis - Margin analysis in S/4HANA |
| Overview of SAP S/4HANA Controlling (Management Accounting) | - Architecture and integration of CO in SAP S/4HANA - Organizational units in Controlling |
| Internal Orders | - Monitoring and reporting - Creation and settlement of internal orders |
| Month-End Closing in Controlling | - Settlement and reconciliation processes - Overhead allocation and assessments |
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