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SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7

Preparation Guide for C_TFIN22_67

Introduction

Associate level Management Accounting Certification for ERP Financial Professionals

SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 certification exam is for the candidates looking for a career as SAP ERP Management Accounting Professional. This exam is targeted to the candidates from business consulting background as an entry level qualification to management accounting projects.

SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 certification exam validates the fundamental knowledge and skills of the candidate in SAP ERP Management Accounting field. It also verifies if the candidate has a good understanding within the consultant profile and can reciprocate this knowledge practically and address the real-world problems based on the client requirements.

It is a recommended certification and not a compulsory prerequisite for the for the candidates, who are looking for a career in SAP ERP Management Accounting.

Reference: https://training.sap.com/shop/certification/c_tfin22_67-sap-certified-application-associate---management-accounting-with-sap-erp-60-ehp7-g/

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Topics to Cover

Following are the major topics along with their weight-age in the examination, giving you a clear view of which topics, you should focus on for the certification. Note: SAP reserves the right to change and update the content (topics, items and weight-age) at any point or time.

• Cost Center Accounting: More than 12% Knowledge to define, create and configure cost centers, cost center hierarchies and cost center groups. Also it validates if the candidate is capable to determine the characteristics and attributes of a cost center. Candidates also need to focus on the usage of Cost Center Accounting, types of planning functionality, type of activities in cost center accounting, planning the requirements, planning the allocations based on requirement and planning actual allocations for the cost centers.

• Profit Center Accounting: 8 to 12% Ability to create organizational charts for profit centers, create Profit Centers, check assignment of master data, and configure closing for profit center accounting at the end of the period.

• Organizational Assessment and Process Integration: Less than 8% Ability to define scopes and processes in management accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules and configure versions.

• Product Cost Planning: More than 12% Ability to determine and configure cost planning of a product, analyzing profitability and costing versions for alternative costings, determine cost structures and its various types like cost element structure, cost component structure, planning requirements, costing variants and multi-level costings. Also ability to carry out price update in the material master record based on the cost and profitability analysis.

• Cost Object Controlling: More than 12% Knowledge of determining and configuring cost object control planning. Also Defining WIP, analyzing results, variances and recognizing revenue along with configuring closing of cost objects at the end of the period.

• Profitability Analysis: More than 12% Candidate should be well versed in defining value fields, characteristics, summary characteristics. Also should be able to determine and design the process flow and security requirements and develop authorization concept for reporting. Candidate should be able to conduct profitability analysis and determine the operating concern and is able to assign it to controlling area. Also defining currency and assign the account charts, analyzing results and revenue recognition.

• Basics of SAP ERP and SAP Solution Manager: Less than 8% Knowledge of describing the SAP ERP Solution and defining the integration between solution manager and SAP ERP.

• Reporting: Less than 8% Ability to specify reporting requirements for cost centers, configuring reports for cost center, and creating and drilling down reports.

• Internal Orders: More than 12% Capability to distinguish between order category and order type. Determine actual requirements for internal orders, plan data, commitments and determine closing activities at the end of the period. Candidate should be able to define, create and configure internal orders, create a concept for internal order accounting, customize internal order accounting, determine settlement rules and configure period-end closing for internal order accounting.

Based on the above-mentioned syllabus and their related weightage, there is no one topic a candidate should focus on or a candidate can leave while preparing for the examination. It is important for the candidate to go through and be proficient in every topic.

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