Preface

13

Target Audience

13

Structure of This Book

13

Practice Questions

16

Summary

17

Introduction: The Path to Certification

19

Who This Book Is For

20

Certifications for SAP Financials in SAP S/4HANA

21

Useful SAP S/4HANA Certifications Overview

21

The C_TS4CO_1809 Certification

24

SAP Education Courses

28

Ways to Learn

30

Tips for Taking the Certification Exam

33

Realign Your Perspective

33

What to Expect When Taking the Exam

34

Tips and Tricks

37

Additional Learning Resources

38

Stay-Current Materials

38

SAP Best Practices Explorer

40

SAP Help Portal

41

SAP Product Assistance

42

SAP User Enablement Videos

43

SAP Fiori Apps Reference Library

43

SAP Community

45

openSAP

45

Summary

46

1 SAP HANA, SAP S/4HANA, and SAP Fiori

47

Objectives of This Portion of the Test

48

Key Concepts Refresher

49

Digital Transformation

49

Intelligent Enterprise Framework

49

SAP S/4HANA

53

The SAP Fiori User Interface

58

Important Terminology

69

Practice Questions

70

Practice Question Answers and Explanations

74

Takeaway

78

Summary

78

2 Organizational Assignments and Process Integration

79

Objectives of This Portion of the Test

81

Key Concepts Refresher

81

Positioning Management Accounting

82

Organizational Units for Controlling

82

Components of Management Accounting

97

Cost Objects

98

Integration with Other Processes

99

Important Terminology

102

Practice Questions

104

Practice Question Answers and Explanations

108

Takeaway

111

Summary

111

3 Cost Center Accounting

113

Objectives of This Portion of the Test

114

Key Concepts Refresher

115

Master Data

116

Primary Postings

135

Adjustment Postings

145

Cost Center Reporting

146

Period-End Close

150

Important Terminology

160

Practice Questions

163

Practice Question Answers and Explanations

169

Takeaway

172

Summary

173

4 Internal Orders

175

Objectives of This Portion of the Test

176

Key Concepts Refresher

177

Master Data

177

Business Transactions

190

Period-End Close

194

Planning and Budgeting

201

Important Terminology

207

Practice Questions

209

Practice Question Answers and Explanations

212

Takeaway

214

Summary

214

5 Product Cost Planning

215

Objectives of This Portion of the Test

217

Key Concepts Refresher

217

Product Cost Planning Methods

218

Product Cost Planning Basics

219

Product Cost Planning Configuration

223

Cost Estimate without Quantity Structure

234

Cost Estimate with Quantity Structure

246

Costing Run

265

Transfer Control

271

Important Terminology

272

Practice Questions

275

Practice Question Answers and Explanations

279

Takeaway

283

Summary

283

6 Cost Object Controlling

285

Objectives of This Portion of the Test

286

Key Concepts Refresher

287

Methods and Valuation Phases

288

Product Cost Controlling by Period

289

Product Cost Controlling by Order

305

Sales Order-Related Scenarios

328

Important Terminology

340

Practice Questions

343

Practice Question Answers and Explanations

348

Takeaway

350

Summary

351

7 Profitability Analysis

353

Objectives of This Portion of the Test

354

Key Concepts Refresher

355

Overview of Profitability Analysis

355

Organizational Structures

357

Master Data

366

Enhancements with the Universal Journal

373

Flow of Actual Data

375

Planning

377

Reporting

381

Predictive Accounting

383

Important Terminology

383

Practice Questions

385

Practice Question Answers and Explanations

388

Takeaway

391

Summary

391

8 Profit Center Accounting

393

Objectives of This Portion of the Test

394

Key Concepts Refresher

395

Master Data

396

Transfer Pricing

401

Integration with Financial Accounting

405

Integration with Materials Management

416

Integration with Sales and Distribution

420

Period-End Close

423

Important Terminology

426

Practice Questions

429

Practice Question Answers and Explanations

433

Takeaway

435

Summary

436

9 Reporting

437

Objectives of this Portion of the Test

438

Key Concepts Refresher

439

SAP S/4HANA Reporting

439

List Display

441

Report Painter

441

Drilldown Reporting

442

Important Terminology

443

Practice Questions

444

Practice Question Answers and Explanations

446

Takeaway

448

Summary

448