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SAP C_TS4FI_2020 exam is based on the latest version of the SAP S/4HANA 2020 release. It covers a wide range of topics related to financial accounting, including financial closing, accounts payable and receivable, fixed assets, general ledger accounting, and cost center accounting. C-TS4FI-2020 exam consists of 80 multiple-choice questions, and the candidate must complete it within 180 minutes.

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification exam is designed to validate the skills and knowledge of individuals in the field of financial accounting. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification is intended for professionals who are responsible for configuring and implementing SAP S/4HANA Financial Accounting solutions. C-TS4FI-2020 exam tests the candidate's understanding of financial accounting processes in SAP S/4HANA, including the configuration and use of the General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, and Bank Accounting modules.

Reference: https://training.sap.com/certification/c_ts4fi_2020-sap-certified-application-associate---sap-s4hana-for-financial-accounting-associates-sap-s4hana-2020-g/

SAP C-TS4FI-2020 Exam Syllabus Topics:

SectionWeightObjectives
Accounts Payable & Accounts Receivable>12%- Terms of payment, partial payments and debit balance check
- Integration with procurement and sales processes
- Business partner master data
- Payment program configuration and Payment Medium Workbench
- Invoice posting, payment processing and reversals
Asset Accounting>12%- Depreciation calculation and valuation setup
- Asset classes and asset master data
- Chart of depreciation and depreciation areas
- Parallel accounting and period-end closing for assets
- Asset transactions: acquisitions, transfers, retirements
Organizational Assignments and Process Integration>12%- Number range configuration
- Validations, substitutions and document types
- Organizational units and currencies
- Reporting tools and integration between FI modules
Overview and Deployment of SAP S/4HANA<8%- S/4HANA innovations and scope
- SAP S/4HANA deployment options
- SAP HANA architecture overview
Financial Closing>12%- Balance sheet and profit & loss statement creation
- Month and year-end closing processes
- Exchange rate valuation, provisions and accruals
- Financial Closing Cockpit usage
- Posting period management
General Ledger Accounting>12%- G/L account creation and maintenance
- Tax codes, tolerances and account clearing
- Exchange rates, house banks and bank master data
- Cross-company code postings and document splitting
- Chart of accounts, profit centers and segments

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