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SAP C_TFIN22_67 Exam Description:
The "SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7" certification exam verifies that the candidate possesses the required fundamental knowledge and proven skills in the area of SAP ERP Management Accounting. It validates that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under guidance of an experienced consultant. This certificate is the ideal - although not mandatory - prerequisite for the qualification to SAP Certified Professional in Management Accounting. It is recommended as an entry-level qualification to allow consultants to get acquainted within Management Accounting projects.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Reporting: Less than 8% Ability to specify reporting requirements for cost centers, configuring reports for cost center, and creating and drilling down reports.
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.
SAP CO Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Basics of SAP ERP and SAP Solution Manager | Describe the SAP ERP Solution and define the integration between SAP ERP and Solution Manager. TERP01 | < 8% |
| Product Cost Planning | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. TFIN20 OR AC506 | > 12% |
| Reporting | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. TFIN22 OR CA705, AC605 | < 8% |
| Cost Center Accounting | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. TFIN20 OR AC410 | > 12% |
| Profit Center Accounting | Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA. TFIN22 OR AC612 | 8% - 12% |
| Cost Object Controlling | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. TFIN20, TFIN22 OR AC521, AC522 | > 12% |
| Organizational Assignments and Process Integration | 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 (CO), and configure versions. TFIN20 OR AC410 | < 8% |
| Profitability Analysis | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. TFIN22 OR AC605 | > 12% |
| Internal Orders | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. TFIN20 OR AC415 | > 12% |
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