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SAP C-TS4FI-2020 exam is a computer-based test that consists of 80 questions. Candidates are given three hours to complete the exam. C-TS4FI-2020 exam questions are multiple-choice and cover a range of topics such as General Ledger Accounting, Accounts Payable, Accounts Receivable, Asset Accounting, and Financial Closing. C-TS4FI-2020 exam is designed to test the candidates' ability to apply the knowledge of SAP S/4HANA Financial Accounting in practical scenarios.

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

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SAP C-TS4FI-2020 certification is recognized globally and is highly valued by employers in the financial accounting field. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification demonstrates that an individual has a deep understanding of the SAP S/4HANA system and can effectively use it to manage financial accounting processes. It is especially useful for individuals who work in finance departments or consulting firms that provide financial accounting services to clients using SAP S/4HANA. By obtaining this certification, professionals can enhance their career prospects and increase their value to their organizations.

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Passing the SAP C-TS4FI-2020 Exam requires a score of 65% or higher. Upon passing the exam, candidates earn the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates certification. SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) certification demonstrates that the candidate has the necessary knowledge and skills to effectively use SAP S/4HANA Financial Accounting in a professional setting. It is a valuable credential for anyone seeking to advance their career in financial accounting using SAP technology.

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SAP C-TS4FI-2020 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Accounts Payable & Accounts Receivable>12%- Payment program configuration and Payment Medium Workbench
- Invoice posting, payment processing and reversals
- Integration with procurement and sales processes
- Terms of payment, partial payments and debit balance check
- Business partner master data
Topic 2: Overview and Deployment of SAP S/4HANA<8%- S/4HANA innovations and scope
- SAP S/4HANA deployment options
- SAP HANA architecture overview
Topic 3: General Ledger Accounting>12%- Exchange rates, house banks and bank master data
- Cross-company code postings and document splitting
- Tax codes, tolerances and account clearing
- G/L account creation and maintenance
- Chart of accounts, profit centers and segments
Topic 4: Asset Accounting>12%- Asset classes and asset master data
- Depreciation calculation and valuation setup
- Parallel accounting and period-end closing for assets
- Chart of depreciation and depreciation areas
- Asset transactions: acquisitions, transfers, retirements
Topic 5: Financial Closing>12%- Month and year-end closing processes
- Financial Closing Cockpit usage
- Exchange rate valuation, provisions and accruals
- Balance sheet and profit & loss statement creation
- Posting period management
Topic 6: Organizational Assignments and Process Integration>12%- Organizational units and currencies
- Validations, substitutions and document types
- Reporting tools and integration between FI modules
- Number range configuration

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