Table of Contents

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Preface
11
Target Audience
11
Structure of This Book
11
Practice Questions
14
Summary
15
Introduction: The Path to Certification
17
Who This Book Is For
18
Certifications for SAP Financials in SAP S/4HANA
19
Useful SAP S/4HANA Certifications Overview
19
The C_TS4FI_1809 Certification
22
SAP Education Courses
26
Ways to Learn
28
Tips for Taking the Certification Exam
31
Realign Your Perspective
32
What to Expect When Taking the Exam
32
Tips and Tricks
35
Additional Learning Resources
36
Stay-Current Materials
37
SAP Best Practices Explorer
38
SAP Help Portal
39
SAP Product Assistance
40
SAP User Enablement Videos
41
SAP Fiori Apps Reference Library
42
SAP Community
43
openSAP
43
Summary
44
1 SAP HANA, SAP S/4HANA, and SAP Fiori
45
Objectives of This Portion of the Test
46
Key Concept Refresher
47
Digital Transformation
47
Intelligent Enterprise Framework
47
SAP S/4HANA
51
The SAP Fiori User Interface
56
Important Terminology
67
Practice Questions
68
Practice Question Answers and Explanations
72
Takeaway
76
Summary
76
2 General Ledger Accounting
77
Objectives of This Portion of the Test
78
Key Concept Refresher
79
Organizational Units
79
Integration with Non-Financial Accounting Organizational Units
94
Master Records
97
Global Financial Accounting Configuration
112
Business Transactions in the General Ledger
143
Important Terminology
156
Practice Questions
158
Practice Question Answers and Explanations
166
Takeaway
173
Summary
173
3 Accounts Payable and Accounts Receivable
175
Objectives of This Portion of the Test
176
Key Concept Refresher
177
Business Partners
177
Payment Terms
199
Invoicing
206
Manual Payments
214
Automatic Payments
217
Dunning
238
Correspondence
251
Special General Ledger Accounting
255
Reporting
263
Important Terminology
267
Practice Questions
270
Practice Question Answers and Explanations
277
Takeaway
283
Summary
283
4 Asset Accounting
285
Objectives of This Portion of the Test
287
Key Concept Refresher
287
Fixed Asset Accounting
287
Chart of Depreciation
289
Depreciation Areas
290
Asset Class
293
Account Determination
296
Screen Layouts
298
User-Defined Fields
300
Asset Master Data
301
Integration with Plant Maintenance
302
Asset Transaction Types
304
Asset Acquisitions
305
Asset Retirements
314
Asset Transfers
318
Low-Value Assets
322
Assets Under Construction
323
Asset Depreciation
325
Asset Year-End Process
330
Asset Reporting
332
Asset Legacy Data Transfer
336
Important Terminology
341
Practice Questions
342
Practice Question Answers and Explanations
347
Takeaway
352
Summary
353
5 Financial Closing
355
Objectives of This Portion of the Test
356
Key Concept Refresher
357
Financial Statement Version
357
General Ledger Closing
372
Accruals and Deferrals
378
Accruals Management
381
Closing Activities in Receivables and Payables
390
Closing Activities in Materials Management
404
SAP S/4HANA Financial Closing Cockpit
410
Methods for Intercompany Reconciliation
414
Important Terminology
420
Practice Questions
422
Practice Question Answers and Explanations
428
Takeaway
431
Summary
431
6 SAP Financials Cross Topics
433
Objectives of This Portion of the Test
435
Key Concept Refresher
435
Bank Account Management
436
Document Parking
442
Journal Entry Verification
453
Validations and Substitutions
460
Data Archiving
473
Data Aging
481
Important Terminology
487
Practice Questions
489
Practice Question Answers and Explanations
494
Takeaway
498
Summary
498
The Author
499
Index
501