[May 2024] C_TS4FI_2023 Financial Accounting Practice Test

High Quality SAP Cloud Private Edition Financial Accounting Certification Questions || Clear Exam in 1st attempt

Description


Practice test has Latest Real Exam-style questions of C_TS4FI_2023 | 100% ALIGNED with Real C TS4FI 2023 exam to clear/pass exam in 1st attempt.

Note: To ensure success, SAP recommends combining education courses and hands-on experience to prepare for your certification exam as questions will test your ability to apply the knowledge you have gained in training.

Exam Details:

Level: SAP Certified Associate – SAP S/4HANA Cloud Private Edition, Financial Accounting

Exam Code: C_TS4FI_2023

Number of Questions in Actual SAP FI Global Certification Exam: 80

SAP S4 HANA Certification Passing Score: 61%

SAP MM S/4 HANA Certification Exam Duration: 180 minutes

Practice test has Latest Real Exam-style questions of C_TS4FI_2023 | 100% ALIGNED with Real C TS4FI 2023 exam to clear/pass exam in 1st attempt.

C TS4FI 2023 Syllabus / Topic Areas

Financial Closing 11% – 20%

Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, manage accruals, and manage posting periods.

  • TS4F02 (SAP S/4HANA 2023)

OR

  • S4F15

  • S4F17 (SAP S/4HANA 2023)

General Ledger Accounting 11% – 20%

Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting.

  • TS4F01 (SAP S/4HANA 2023)

OR

  • S4F12 (SAP S/4HANA 2023)

  • S4F13 (SAP S/4HANA 2023)

Accounts Payable & Accounts Receivable 11% – 20%

Create and maintain business partners, post invoices and payments and use special g/l transactions, reverse invoices and payments, block open invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments, define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement and sales.

  • TS4F01 (SAP S/4HANA 2023)

OR

  • S4F12 (SAP S/4HANA 2023)

  • S4F13 (SAP S/4HANA 2023)

Asset Accounting 11% – 20%

Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting.

  • TS4F02 (SAP S/4HANA 2023)

OR

  • S4F15

  • S4F17 (SAP S/4HANA 2023)

Organizational Assignments and Process Integration 11% – 20%

Manage Organizational Units, currencies, configure Validations and Document Types, utilize Reporting Tools, configure Substitutions, and manage Number ranges.

  • TS4F01 (SAP S/4HANA 2023)

OR

  • S4F12 (SAP S/4HANA 2023)

  • S4F13 (SAP S/4HANA 2023)

Overview and Deployment of SAP S/4HANA <= 10%

Explain the SAP HANA Architecture and describe the SAP S/4HANA scope and deployment options.

  • TS4F01 (SAP S/4HANA 2023)

OR

  • S4F12 (SAP S/4HANA 2023)

  • S4F13 (SAP S/4HANA 2023)

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.

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14 Tips to crack and clear SAP Certification Exam are:

1. Expect the SAP FI certification exam to be different each time. Every time 1000s of candidates/students across the world are appearing for this exam, so it is not possible that every candidate will get same questions in exam. The SAP certification exams are constantly updated, so it is unlikely that you will get the same questions as anyone else, even if you take the exam on the same day. Every exam has around 10-25% different questions.

2. Focus on understanding the concepts while doing ERP preparation, not memorizing answers. The exam questions are designed to test your knowledge of SAP S/4HANA Finance, not your ability to memorize answers. If you understand the concepts, you will be able to answer any question, even if you have never seen it before.

3. Practice answering multiple-choice questions. The SAP certi exams are multiple choice, so it is important to practice answering this type of question. There are many resources available online and in books that can help you prepare.

4. Pay attention to the answer choices. Some of the answer choices can be very tricky. It is important to read all of the choices carefully before selecting an answer.

5. Be careful with the three correct answers questions. The three-answer questions on the exam are the most difficult. If you select one wrong answer, you will lose points for the entire question. It is better to answer a three-choices question at the last.

6. Go through the latest preparation material and assessment tests in SAP Learning Hub. This will help you to clear your concepts and identify any areas where you need more practice.

7. Be aware that the exam questions can be tricky. It is important to have a good understanding of the SAP module in order to choose the correct answer, especially for multiple-choice questions with three correct answers.

8. Focus on questions with only one correct answer first. These questions are easier to score on.

9. Actual exam questions mostly do not have TRUE or FALSE question and answers.

10. The basis of preparation should be the course materials appropriate to the certification.

11. The certification process with Exam is quite simple. Just don’t let the proctor make you nervous. Most of the time, you will hear them only once at the beginning and again at the end.

12. You will get multiple-choice or multi-select questions. Multi-select questions also give you the number of correct answers. Use this to exclude possible solutions.

13. Retake this SAP certification mock test multiple times. Repeat the questions and see in which area you have difficulties. Reread the section and repeat the procedure. Once you consistently get over 90% correct in your questions after a few days of putting them away, you should book the certification.

14. Final SAP certification result and feedback: You will see if you have passed. Congratulations! But also, if you failed, you will get direct feedback. In both cases, you will see which areas you did well or not so well. If you failed, use this information to prepare for the next attempt.

There is 100% pass guarantee of SAP certification practice exam test when you follow all tips mentioned in this course.

Disclaimer: I Study Institutes not related to, affiliated with, endorsed or authorized by SAP. Trademarks, certification & product names are used for reference only and belong to SAP.

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