SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) : C_TS4FI_2020

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Exam Code: C_TS4FI_2020

Exam Name: SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)

Updated: Sep 24, 2026

Q & A: 82 Questions and Answers

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About SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) : C_TS4FI_2020 Exam

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SAP C_TS4FI_2020 Exam Overview:

Certification Vendor:SAP
Exam Name:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Exam Number:C_TS4FI_2020
Passing Score:65%
Exam Format:Multiple choice, Multiple response
Certificate Validity Period:No fixed expiration (subject to SAP certification policy and updates)
Exam Price:USD 550 (varies by region)
Available Languages:English
Related Certifications:SAP Certified Application Associate - SAP S/4HANA Financial Accounting
Exam Duration:180 minutes
Real Exam Qty:80 (approx.)
Recommended Training:SAP Learning Hub
Exam Registration:SAP Training and Certification Shop
Sample Questions:Free Download C_TS4FI_2020 prep4sure exam
Exam Way:Online proctored or authorized test center
Pre Condition:No mandatory prerequisites, but SAP recommends experience with SAP S/4HANA Financial Accounting or completion of relevant training courses.
Official Syllabus URL:https://training.sap.com/certification

SAP C_TS4FI_2020 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Accounting Overview in SAP S/4HANA- SAP S/4HANA Financial Accounting Architecture
  • 1. Universal Journal concept
    • 2. Integration with other SAP modules
      Topic 2: General Ledger Accounting- G/L account configuration and postings
      • 1. Chart of accounts setup
        • 2. Document posting principles
          Topic 3: Accounts Receivable (AR)- Customer accounting processes
          • 1. Incoming payments
            • 2. Invoice creation
              Topic 4: Closing Operations- Financial closing processes
              • 1. Reconciliation processes
                • 2. Period-end closing activities
                  Topic 5: Asset Accounting- Fixed asset lifecycle
                  • 1. Depreciation calculation
                    • 2. Asset acquisition
                      Topic 6: Accounts Payable (AP)- Vendor accounting processes
                      • 1. Payment processing
                        • 2. Invoice processing

                          C_TS4FI_2020 Exam FAQ: Save Time, Read This

                          SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) is an official SAP certification exam, listed under the code C_TS4FI_2020. Passing it earns the SAP Certified Application Associate certification at the Associate level. It also ties into SAP Certified Application Associate - SAP S/4HANA Financial Accounting. In an era of lifelong learning, this credential is one of the most efficient ways to prove your skills keep pace.

                          SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) gives you 80 (approx.) questions across 180 minutes. The efficient approach: one to two hours of daily timed practice in the TestkingPDF engine builds both the knowledge and the pacing, so exam day feels like simply another well-run session.

                          Passing SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) takes 65%, and the official registration fee is USD 550 (varies by region). Retakes cost the full USD 550 (varies by region) again, so treat your TestkingPDF practice scores as the decision-maker: book when the passing line sits below your everyday results, not your best ones.

                          The SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) syllabus is organized into 6 domains, led by General Ledger Accounting, Financial Accounting Overview in SAP S/4HANA, and Accounts Receivable (AR). The complete breakdown is above on this page; it is the fastest way to learn where your limited preparation hours belong.

                          No mandatory prerequisites, but SAP recommends experience with SAP S/4HANA Financial Accounting or completion of relevant training courses.

                          Vendor policies are revised periodically, so verify the current requirements before registering via the official exam page.

                          Registration for SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) goes through the official channels below.

                          For planning: the exam is delivered Online proctored or authorized test center.

                          SAP recommends the following training for SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) candidates.

                          Follow any training with daily practice on the 82 questions in the TestkingPDF C_TS4FI_2020 package; sorted by authorized expert groups, they turn course theory into exam-ready skill.

                          Yes on both counts. Download the free demo of the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) questions first, and browse the comments written by former customers for a second opinion. After purchase, new versions are sent to you as soon as they release, free for 365 days; after expiry, extending the update service costs 50% of the regular price.

                          Worry-free means a 100% money-back guarantee with stated conditions. Take the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) exam within 60 days of purchase; if you fail, you may claim a full refund, provided the exam matches your product. Attempts within 3 days of purchase are ineligible, as are downloaded-but-unused products, free materials, and expired orders; the candidate name must match the payer name. Submit a scanned enrollment slip and the official Score Report PDF within 2 days of the exam, and claims are processed within 7 days. Alternatively, exchange for two other exam products of equal value, free, keeping the update service on your original purchase.

                          Delivery is instant: download your files the moment you pay, with an email copy arriving within one minute. If nothing arrives within 2 hours, check spam and contact customer service, online 24/7 with infinite patience. Installation is unlimited across your computers.

                          SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions:

                          Question #1

                          Which of the following steps do you typically perform for a payment run with the automatic payment program? Note:There are 2 correct answers to this question.

                          • A. Review the payment proposal exception list.
                          • B. Maintain open item select on parameters
                          • C. Rank bank accounts for payment.
                          • D. Define maximum amounts to be paid per supplier
                          Reveal Solution  Discussion  0

                          Correct Answer: A,B  🗳️

                          Question #2

                          What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this question.

                          • A. You want to integrate the system to SAP Cloud Platform.
                          • B. You want to use document splitting for the General Ledger.
                          • C. You want to clean up your system and use SAP Best Practices.
                          • D. You want to deploy SAP S/4HANA Cloud.
                          Reveal Solution  Discussion  0

                          Correct Answer: C,D  🗳️

                          Question #3

                          How can you perform transfers of assets between company codes with different charts of depreciation?

                          • A. Configure the cross-company depreciation areas in Customizing.
                          • B. Assign the group chart of depreciation to the relevant fixed assets.
                          • C. Enter depreciation area mapping during intercompany transfer posting.
                          • D. Correct the depreciation area assignment in the asset master record after posting.
                          Reveal Solution  Discussion  0

                          Correct Answer: A  🗳️

                          Question #4

                          How does the system determine the correspondence type of a payment notice?

                          • A. According to the reason code, as long as all the reason codes carry the same correspondence type
                          • B. According to the tolerance group, as long as all the tolerance groups carry the same correspondence type
                          • C. According to the tolerance group, as long as all the reason codes carry the same correspondence type
                          • D. According to the reason code, as long as all the tolerance groups carry the same correspondence type
                          Reveal Solution  Discussion  0

                          Correct Answer: D  🗳️

                          Question #5

                          What is the purpose of the chart of depreciation?

                          • A. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
                          • B. The chart of depreciation defines the asset classes for which you can create fixed assets
                          • C. The chart of depreciation manages country-specific legal valuation of fixed assets
                          • D. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
                          Reveal Solution  Discussion  0

                          Correct Answer: C  🗳️

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