SAP C_TS4CO_2023 Certification Guide: SAP S/4HANA Cloud Private Edition, Management Accounting

SAP C_TS4CO_2023 Certification Guide: SAP S/4HANA Cloud Private Edition, Management Accounting

As you can see in above screenshot, one of our students has shared his SAP Exam C_TS4CO_2023 result. You should also read this certification guide, if you want to clear your exam in first attempt.

In this SAP C_TS4CO_2023 certification guide, we'll provide you with an overview of the exam structure, content, and preparation strategies. We'll also offer tips for exam day success and explain the benefits and opportunities that come with obtaining SAP certification.

Why you should choose SAP S/4HANA Cloud Private Edition, Management Accounting C_TS4CO_2023 Certification

This certification verifies that you possess the core skills and proven skills in the area of SAP S/4HANA Management Accounting. This certificate is an entry-level qualification for Management Accounting consultants on SAP S/4HANA. It is recommended for those with experience in SAP implementation projects relevant for SAP S/4HANA Cloud Private Edition and SAP S/4HANA on-premise.

C_TS4CO_2023 Exam Structure and Content

Areas covered

- Cost Center Accounting( 11% - 20% ) =>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.
- Product Cost Planning( 11% - 20% ) =>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.
- Profitability Analysis( 11% - 20% ) =>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.
- Cost Object Controlling( 11% - 20% ) =>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.
- Reporting( <= 10% ) =>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( <= 10% ) =>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( <= 10% ) =>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.
- Internal Order Accounting( <= 10% ) =>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.
- Managing Clean Core( <= 10% ) =>Evaluate and apply clean core principles to ERP so that they can maximize business process agility, reduce adaptation efforts, and accelerate innovation.

Number of questions and other details

The exam contains 80 questions multiple-choice questions. The duration of the exam is 180 mins minutes. You need to score 59 percentage to clear your exam. The code for the exam is C_TS4CO_2023.

C_TS4CO_2023 Exam Preparation Strategies

If you are preparing for the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting exam, you'll need study materials that cover the exam content in detail. Here are some recommended study materials to help you prepare for the exam:

SAP Learning Hub C_TS4CO_2023 Books

The SAP Learning Hub is a great resource for SAP training and certification. It provides access to a range of SAP training materials, including courses, e-books, and interactive simulations. You can find the C_TS4CO_2023 exam preparation material in the SAP S/4HANA Cloud Private Edition, Management Accounting section.

SAP recommends the following books to study before appearing for C_TS4CO_2023 exam:

1. TS4F03 => Management Accounting in SAP S/4HANA - Academy Part I – This book covers the following syllabus:

  • 1st week
    • Organizational structures and master data in overhead cost controlling
    • Event-based postings to cost centers and internal orders
    • Periodic cost allocation and activity allocation procedures within overhead cost controlling
    • Planning of cost and cost allocations within overhead cost controlling
    • Internal order overview and master data
    • Event-based postings to internal orders
    • Period-end closing of the internal orders
    • Planning on cost centers and internal orders
    • Budgeting and availability control on cost centers and internal orders
    • New commitment management solutions on cost centers
  • 2nd week
    • Profitability management
    • Profit center master data
    • Actual postings to profit centers
    • Profit center planning
    • Transfer pricing concept
    • Product cost planning methods
    • Product cost planning basics
    • Material cost estimate without quantity structure
    • Product cost planning configuration
    • Material cost estimate with quantity structure
    • Additional costing functions
    • Extended valuation methods: mixed cost estimate, using special procurement types, costing subcontracting operations, calculation scrap, costing product with multiple variants, costing co-products, describe material ledger.


2. S4F22 => Cost Center and Internal Order Accounting in SAP S/4HANA – This book covers the following syllabus:

  • Overview of SAP S/4HANA
  • Organizational structures and master data in overhead cost controlling
  • Account assignment of costs to cost centers and internal orders
  • Tools for transaction-based postings within overhead cost controlling
  • Periodic cost allocation procedures within overhead cost controlling
  • Planning on cost centers and internal orders in Embedded BW of SAP S/4HANA
  • Budget management and availability control with internal orders
  • Budgeting on Cost Centers
  • Commitments on Cost Centers
  • Cost Center Planning Content in SAP Analytics Cloud


3. S4F23 => Product Cost Planning in SAP S/4HANA – This book covers the following syllabus:

  • Material cost estimate without quantity structure
  • Preparation for Product Cost Planning
  • Product Cost Planning Configuration
  • Material cost estimate with quantity structure
  • Costing run (mass processing)
  • Advanced cost estimate methods
  • Extended valuation methods: mixed costing, raw material cost estimate, special procurement keys, scrap
  • Joint product cost estimates
  • Valuation Options


4. TS4F04 => Management Accounting in SAP S/4HANA Academy Part II – This book covers the following syllabus:

  • Product cost by period for make to stock manufacturing using the product cost collector.
  • Product cost by order for make to stock manufacturing at order level using production order and process order.
  • Product cost by sales order for make to order manufacturing and service.
  • Preliminary costing, simultaneous costing and period end closing for all production scenarios as named above.
  • Variance analysis and results analysis.
  • Profitability management in SAP S/4 HANA
  • Analyze organizational structures and master data in Profitability Analysis
  • Perform Alignment in COPA and valuation in COPA
  • Actual posting within main business processes to COPA
  • Perform planning and plan-integration using the valuation in COPA
  • Create reports in COPA
  • Use tools to analyze customizing and value flows in COPA


5. S4F29 => Profitability Analysis in SAP S/4HANA – This book covers the following syllabus:

  • Profitability management in SAP S/4 HANA, statement of direction
  • Analyze organizational structures and master data in Profitability Analysis
  • Perform Alignment in COPA and valuation in COPA costing based
  • Actual posting within main business processes to COPA
  • Perform planning and plan-integration using the valuation in COPA costing based
  • Create reports in COPA costing based and Margin Analysis.
  • Use tools to analyze customizing and value flows in COPA


6. S4F28 => Profit Center Accounting in SAP S/4HANA – This book covers the following syllabus:

  • Profitability Management
    • Outlining Profitability and Sales Accounting Options
    • Outlining Global Settings in SAP General Ledger Accounting
  • Profit Center Master Data
    • Creating Profit Center Master Data
    • Assigning Profit Centers to Account Assignment Objects
  • Profit Center Accounting (PCA) Actual Postings
    • Explaining Profit Center Updates
    • Explaining the Data Flow in Financial Accounting
    • Integrating Profit Centers and Materials Management (MM)
    • Integrating Cost Object Controlling (COC) and PCA
    • Integrating Sales and Distribution (SD) and PCA
    • Processing Allocations in PCA
  • Profit Center Planning
    • Outlining the basic concept of Profit Center Planning with SAP BPC Optimized for SAP S/4HANA
  • Transfer Pricing
    • Overview of transfer price concept

7. Managing Clean Core

C_TS4CO_2023 Dumps or Practice questions

SAP SAP S/4HANA Cloud Private Edition, Management Accounting dumps are an essential part of exam preparation, and they can significantly help you in clearing the exam. 

SAP S/4HANA Cloud Private Edition, Management Accounting [C_TS4CO_2023] Questions Answers

Here are some reasons why practising these dumps is so important:

  1. Get familiar with the C_TS4CO_2023  exam format: Dumps questions help you get familiar with the exam format, including the types of questions, the time limit, and the structure of the exam. This familiarity can help you feel more comfortable and confident on the day of the exam.
  2. Identify knowledge gaps: By practising SAP S/4HANA Cloud Private Edition, Management Accounting questions, you can identify areas where you need to focus more. If you consistently get certain types of questions wrong, you can focus your study efforts on those topics and improve your understanding.
  3. Time management: Practicing C_TS4CO_2023 dumps can help you develop better time management skills. By practising questions, you'll get a sense of how long it takes you to answer each type of question. This can help you manage your time more effectively during the exam and ensure that you have enough time to answer all the questions.

You should enroll in C_TS4CO_2023 premium questions to clear your exam on the first try. You can go through the C_TS4CO_2023 sample questions as well and try by yourself before enrolling. It will give you confidence for the exam.

Tips for Exam C_TS4CO_2023 Day Success

Taking SAP S/4HANA Cloud Private Edition, Management Accounting exam can be a stressful experience, but with the right preparation and mindset, you can increase your chances of success. Here are some tips to help you succeed on exam day:

  1. Get a good night's sleep: A good night's sleep is crucial to helping you stay focused and alert during the exam. Make sure you get enough sleep the night before the exam, and try to avoid staying up late studying.
  2. Eat a healthy breakfast: Eating a healthy breakfast can help you maintain your energy levels and focus during the exam. Avoid sugary or heavy foods that can make you feel sluggish.
  3. Arrive early: Login to online meeting invite early to give yourself enough time to get settled and calm your nerves. Rushing to the meeting can increase your anxiety and negatively impact your performance.
  4. Bring necessary items: Make sure you have all the necessary items, such as personal identification like passport. Check the C_TS4CO_2023 exam requirements beforehand to ensure you have everything you need.
  5. Read the instructions carefully: Read the instructions carefully before beginning the C_TS4CO_2023 exam. Make sure you understand the exam format, time limit, and any other instructions or rules.
  6. Manage your time: Use your time wisely during the exam. Don't spend too much time on difficult questions, and make sure you answer all the questions before time runs out.
  7. Stay calm and focused: Stay calm and focused during the exam. Take deep breaths if you feel anxious, and remind yourself that you have prepared well for the SAP S/4HANA Cloud Private Edition, Management Accounting exam.
  8. Review your answers: If you have time at the end of the exam, review your answers carefully. Check for any errors or omissions, and make any necessary changes.
  9. Don't panic: If you get stuck on a question, don't panic. Move on to the next question and come back to it later. Panicking can increase your anxiety and negatively impact your performance.
  10. Stay until the end: Stay until the end of the exam, even if you finish early. Use the remaining time to review your answers or check for any errors.

Conclusion

In conclusion, obtaining the SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Management Accounting certification is a great way to showcase your knowledge and expertise in the SAP field and stay ahead of your competition and other consultants. In this guide, we have provided an overview of the SAP C_TS4CO_2023 exam structure, content, and preparation strategies, including recommended study materials, dumps, sample questions, and tips for exam day success. By following these strategies and tips, you can increase your chances of passing the C_TS4CO_2023 exam and contributing to the success of the planning and implementation phases in a mentored role. Don't forget to practise with the C_TS4CO_2023 dumps and premium questions to test your knowledge and confidence before taking the exam. Good luck!

 

Tags: C_TS4CO_2023 study guide, C_TS4CO_2023 dumps, C_TS4CO_2023 sample questions, C_TS4CO_2023 official reference

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