SAP S/4HANA FI study guide

SAP S/4HANA FI · Work through your exam, one topic at a time.

The SAP Certified - SAP S/4HANA Cloud Private Edition, Financial Accounting certification (exam code C TS4FI) verifies that a candidate possesses core skills in SAP S/4HANA Financial Accounting. SAP positions it for consultants working in system configuration across Financial Accounting, Financial Management, and the Record-to-Report process area, so it suits functional consultants and finance practitioners who configure and run accounting processes rather than only posting transactions. The SAP S/4HANA FI study guide has 9 sections and about 3,556 words.

Create a New Document Type

A document type classifies every accounting document and controls number assignment, which account types may be posted, and how much header information the user must supply. Maintain document types with OBA7 (SPRO: Financial Accounting → Financial Accounting Global Settings → Document → Document Types).

382 words, about 2 min 02

Accounts Payable

Accounts Payable records liabilities to vendors and sits on three master-data levels: general data (address, bank details, control data such as the check double invoice indicator), company code data (reconciliation account, payment terms, payment methods, payment block, withholding tax, sort key/correspondence), and purchasing data. The vendor account group fixes the number range and field status.

345 words, about 2 min 03

Perform Value Adjustments for Overdue Receivables

Value adjustment of overdue receivables is a period-end closing activity that recognises expected credit losses on customer open items without clearing them. The logic is driven by an aging grid : time buckets measured from the due date (for example 1–30, 31–60, 61–90, more than 90 days), each with an adjustment percentage .

377 words, about 2 min 04

Accounts Receivable

Accounts Receivable mirrors Accounts Payable on the customer subledger: customer master with general data (address, bank details for refunds, dunning data), company code data (reconciliation account, payment terms, payment methods, dunning procedure, credit limit) and sales area data. The customer account group determines the number range and field status, and the reconciliation account receives postings only from the subledger.

332 words, about 2 min 05

Create a House Bank, Configure and Execute the Payment Run

A house bank represents a bank relationship of your own organisation. Creating it is a three-level exercise: 1.

719 words, about 4 min 06

Perform Customizing, Acquisition, and Depreciation Postings

Asset postings depend on three configuration pillars: the chart of depreciation (depreciation areas and their rules), the asset class (account determination, screen layout, number range, depreciation areas) and the depreciation key (method, useful life, start rule). Account determination is maintained in AO90 , assigning G/L accounts per asset class, depreciation area and transaction type: acquisition APC, acquisition offsetting, accumulated depreciation, depreciation expense, retirement gain/loss, and so on.

359 words, about 2 min 07

Asset Accounting

Asset Accounting is organised hierarchically. The chart of depreciation groups depreciation areas (01 book, 02 tax, 20 cost accounting, and so on) and is assigned to the company code.

315 words, about 2 min 08

Establish a new Company Code

Creating a company code is a sequence, and exam questions usually ask about the order or about which settings become immutable. Define the company (OX15) and the company code (OX02), then assign the company code to the company.

359 words, about 2 min 09

General Ledger

G/L account master data has two segments: the chart of accounts segment (account number, account group, short text, balance sheet/P&L, tax category) and the company code segment (currency, reconciliation flag, line item display, open item management, field status group, sort key, posting without tax code). The account group controls the number range and the field status at chart-of-accounts level; the field status group controls which fields appear on the line items of that account.

368 words, about 2 min