C_TS4CO_2023

Main points of SAP C_TS4CO_2023 Test

The SAP C_TS4CO_2023 exam, "SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2023)", covers the core concepts and functionalities of SAP S/4HANA for Management Accounting. Here are its main points:

1. Financial Accounting (FI) in SAP S/4HANA

• General Ledger Accounting: Understanding the chart of accounts, posting transactions, and managing the G/L.
• Accounts Receivable and Payable: Mastering AR/AP processes, including customer and vendor master data management, invoice processing, and payment management.
• Asset Accounting: Understanding asset acquisition, depreciation, and asset retirement processes in SAP S/4HANA.
• Financial Reporting: Generating reports and analyses from SAP financial data, including balance sheets, income statements, and cash flow statements.

2. Controlling (CO) in SAP S/4HANA

• Cost Accounting: Understanding cost elements, cost centers, and cost accounting principles within SAP S/4HANA.
• Profitability Analysis: Analyzing profitability of products, customers, and business units using SAP CO modules.
• Activity-Based Costing (ABC): Implementing and using ABC principles to allocate costs more accurately.
• Budgeting and Planning: Creating budgets, planning financial performance, and monitoring variances.
• Internal Orders: Managing internal projects and activities within SAP S/4HANA.

3. Integration with Other Modules

• SAP S/4HANA Modules: Understanding the integration of SAP CO with other modules like Sales and Distribution (SD), Materials Management (MM), and Production Planning (PP).
• Data Interfaces: Understanding how data is exchanged between SAP CO and other systems.

4. SAP S/4HANA General Concepts

• SAP S/4HANA Architecture: Understanding the core components and architecture of SAP S/4HANA.
• Master Data Management: Knowing how to manage master data for various business objects in SAP S/4HANA.
• Transactions and Processing: Understanding how transactions are processed in SAP S/4HANA.
• User Interface (Fiori): Navigating and interacting with the SAP Fiori user interface.

5. Exam Structure

• Exam format: Multiple-choice questions, true/false, and scenario-based questions.
• Duration: Typically 180 minutes.
• Passing score: 67% or higher.

Remember:

• It is highly recommended to prepare thoroughly by studying the official SAP learning materials, practicing with mock exams, and attending training courses.
• The specific topics covered in the exam may vary slightly depending on the exam version and updates to SAP S/4HANA.
• Stay updated with the latest SAP S/4HANA documentation and release notes for the most accurate information.