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SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7
Preparation Guide for C_TFIN22_67
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.
Aim of the Certificate Exam
- Provide individuals with a mark of excellence that is extremely recognized by the clients and seeks within across the industries
- Differentiate individual in a crowded job market
- Empower individuals to execute tasks with confidence and skill
Following are the quick details related to the SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7 Certification Exam
Exam Name: SAP Certified Application Associate - Management Accounting with SAP ERP 6.0 EhP7
Exam Code: C_TFIN22_67
Language: English, Japanese, Spanish, German, French, Korean, Portuguese, Russian, Chinese
Number of Questions: 80 Questions
Duration: 180 minutes
Cut Score: 56%
Exam type: Multiple Choice Questions
Exam Mode: On-line Proctored Exam. Candidates can take the examination from any place any time as per their convenience. SAP also has the option for the candidates to give exams on-site at any of the SAP training center.
Exam Registration: Certifications are now available on cloud in certification hub enabling the candidates to book the examination date individually based on the product code.
Valid Attempts: Candidates can attempt up to 6 times within the 12 months of their subscription. Each retake counts as an attempt. Candidates are allowed to attempt a specific exam a maximum of 3 times. If candidate is not able to clear within 3 attempts, one need to re-register for the next exam release.
Exam Scores: The score will be notified on-line immediately after finishing the exam. After passing the exam, an SAP Global Certification digital badge will be sent to the registered email ID.
This certificate verifies the fundamental knowledge to become an SAP consultant ensuring that the candidate has an overall understanding and experience of working in consultant profile is skilled enough of practically applying the knowledge within the working real-life 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.
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.
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.
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.
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.
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.
Reporting: Less than 8% Ability to specify reporting requirements for cost centers, configuring reports for cost center, and creating and drilling down reports.
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.
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.
The questions during the examination are more on the practical side and candidates must be able to address the real-world problems rather than just answering the theoretical questions. Hence, the best preparation for the exam is to have a hands-on experience as SAP business consultant and it becomes more important for the candidates to have an experience of working on live projects that enables them to handle and manage the SAP system very closely. And empowering them with the practical knowledge and practical implementation. Apart from this, candidates are recommended to check SAP Learning Hub to access the learning material and participate in the appropriate SAP Learning Room to gain the required practical knowledge and go through the various dos and don’ts while preparing and accessing the examination. Also candidates can check out and follow various training materials available over the internet, examination dumps and tips by the candidates who have already appeared or have cleared the examination. This will give a clear idea on how one should prepare for the examination.
Types of Question
The examination consists of 80 Multiple Choice Questions. Multiple-choice questions can be of following two types
- Single Response: Only One correct response from the given options best suits the statement or answers the question.
- Multiple Response: Two or More Correct response from the given options best suits the statement or answers the question.
Candidates will have 180 minutes for attempting 80 multiple-choice questions. So, it becomes important for the candidates to time-box the exam and restrict spending too much time on one question or one topic.
This SAP certification is a pass or fail exam. The examination is scored against a minimum standard established by SAP who are guided by certification industry best practices and guidelines. It is important for the candidates to at least score 56% in the examination to be termed as Pass. The score will be notified on-line immediately after finishing the exam. After passing the exam, an SAP Global Certification digital badge will be sent to the registered email ID.