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SAP CTS4FI2020 Exam Syllabus Topics:

Topic	Details
Topic 1	Determine usage of Cost Center Accounting and type of planning functionality Distinguish between order category and order type. Determine plan data
Topic 2	Determine and configure product cost planning, and costing versions for alternative costings Define, create and configure internal orders and create a concept for internal order accounting
Topic 3	Define, create and configure cost centers, cost center hierarchies and cost center groups Define scopes and processes in Management Accounting, cross-company code design
Topic 4	create Profit Centers and check master data assignments, and configure period-end closing for PCA Organizational Assignments and Process Integration

SAP CTS4FI2020 Exam Description:

The "SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)" certification exam verifies that the candidate possesses fundamental knowledge and proven skills in the area of SAP S/4HANA Financial 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 Financial Accounting projects. This certificate is the ideal starting point for a professional career as a Financial Accounting consultant on SAP S/4HANA. If experience in SAP implementation projects of Financial Accounting are added over years, a professional career can be validated by taking a second exam: "SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials experts".

SAP S/4HANA Financial Accounting Certification Exam Details:

Exam Name	SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909)
Duration	180 mins
Passing Score	CTS4FI2020 - 59% CTS4FI1900 - 57%
Exam Price	$550 (USD)
Reference Books	TS4F02 (SAP S/4HANA 2020) TS4F01 (SAP S/4HANA 2020) TS4F02 (SAP S/4HANA 1909) TS4F01 (SAP S/4HANA 1909)
Sample Questions	SAP S/4HANA Financial Accounting Certification Sample Questions

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions (Q24-Q29):

NEW QUESTION # 24
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer.

• A. The one assigned to the tolerance group
• B. The one in the line item with the largest amount
• C. The one in the first line item
• D. The system prompts for the user to assign one

Answer: A
NEW QUESTION # 25
What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question

• A. Increased customizing flexibility
• B. Always up to date
• C. IT cost savings
• D. One-time license investment

Answer: B,C
NEW QUESTION # 26
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Response:

• A. Non-operating expense or income
• B. Field status group
• C. Secondary costs
• D. Balance sheet
• E. Reconciliation accounts

Answer: A,C,D
NEW QUESTION # 27
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer.

• A. Business partner type
• B. Business partner category
• C. Business partner grouping
• D. Business partner role

Answer: C
NEW QUESTION # 28
You want to configure the tax calculation procedures. What are the main elements you need to define? Note: There are 3 correct answers to this question.

• A. Account key
• B. Condition type
• C. Sequence of steps
• D. Tax code
• E. Country key

Answer: A,B,D
NEW QUESTION # 29
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