Holding the SAP C_TS4CO_2020 certification is a clear indication of a professional's expertise in management accounting with SAP S/4HANA. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification can open up new job opportunities and increase earnings potential. It also demonstrates a commitment to staying up-to-date with the latest technology and best practices in the field. With SAP being one of the most widely used enterprise software solutions in the world, having this certification can greatly enhance a professional's career prospects.
Reference: https://training.sap.com/certification/c_ts4co_2020-sap-certified-application-associate---sap-s4hana-for-management-accounting-sap-s4hana-2020-g/
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SAP C_TS4CO_2020 Certification Exam covers various topics related to management accounting in SAP S/4HANA 2020. These topics include management accounting structures and business processes, cost center accounting, product cost planning, profitability analysis, and financial closing. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification exam also tests the candidate's knowledge of SAP S/4HANA 2020 reporting tools and analytics, including SAP Fiori applications and SAP Analytics Cloud.
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SAP C-TS4CO-2020 certification is recommended for consultants, project team members, and professionals who are responsible for the implementation, customization, and support of SAP S/4HANA Management Accounting. SAP Certified Application Associate - SAP S/4HANA for Management Accounting (SAP S/4HANA 2020) certification will validate the candidate's skills and knowledge in using SAP S/4HANA Management Accounting to optimize business processes, reduce costs, and increase profitability. Additionally, this certification will demonstrate the candidate's ability to work effectively with clients and stakeholders to deliver successful SAP projects.
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SAP C-TS4CO-2020 Exam Syllabus Topics:
| Section | Objectives |
| Cost Center Accounting | - Cost allocation
- 1. Internal activity allocation
- 2. Distribution and assessment
- Planning and budgeting
- 1. Activity type planning
- 2. Cost center planning
|
| Profitability Analysis (CO-PA) | - Margin analysis
- 1. Account-based profitability analysis
- 2. Characteristics and value fields
|
| Month-End Closing Activities | - CO closing processes
- 1. Overhead allocation
- 2. Settlement and reconciliation
|
| Internal Orders | - Order lifecycle
- 1. Settlement and closing
- 2. Creation and planning
|
| Fundamentals of SAP S/4HANA Management Accounting (Controlling) | - Overview of Management Accounting in SAP S/4HANA
- 1. Organizational structures in CO
- 2. Integration with Financial Accounting (FI)
|
| Reporting and Analysis | - CO reporting tools
- 1. SAP Fiori analytical apps
- 2. Standard CO reports
|
| Product Cost Controlling | - Cost object controlling
- 1. Cost object controlling overview
- 2. Cost estimation and material costing
- Actual costing
- 1. Period-end closing activities
|