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  • C_TS4FI_2021: SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting

SAP C_TS4FI_2021 Exam Questions

Exam Name: SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting
Exam Code: C_TS4FI_2021
Related Certification(s):
  • SAP Certified Associate Certifications
  • SAP S/4HANA 2021 for Financial Accounting Certifications
Certification Provider: SAP
Actual Exam Duration: 180 Minutes
Number of C_TS4FI_2021 practice questions in our database: 80 (updated: Mar. 20, 2025)
Expected C_TS4FI_2021 Exam Topics, as suggested by SAP :
  • Topic 1: Financial Closing: It focuses on performing month and year-end closing in Financial Accounting, including exchange rate valuation, post provisions etc. It also discusses creating balance sheet, creating profit and loss statements, and monitoring closing operations.
  • Topic 2: General Ledger Accounting: Creation and maintenance of general ledger accounts, exchange rates, and bank master data are sub-topics. Additionally, it covers general ledger transfer postings and post cross-company code transactions.
  • Topic 3: Accounts Payable & Accounts Receivable: This topic discusses how to create and maintain business partners, post invoices and payments and use special g/l transactions. Moreover, it covers invoices and payments, the payment program, and partial payments.
  • Topic 4: Asset Accounting: It focuses on charts of depreciation and the depreciation areas, asset classes, asset master data, and FI-AA business processes in the SAP system.
  • Topic 5: Organizational Assignments and Process Integration: Management of Organizational Units, currencies, configuration of Validations and Document Types, utilization of Reporting Tools, configuration of Substitutions, and management of Number ranges are sub-topics of this exam topic.
  • Topic 6: Overview and Deployment of SAP S/4HANA: It discusses the concepts of SAP HANA Architecture, SAP S/4HANA scope, and deployment options.
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Stanford

27 days ago
SAP S/4HANA 2021 certified! Couldn't have done it without Pass4Success's targeted exam questions.
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Christiane

2 months ago
Success on the SAP exam! Pass4Success provided exactly what I needed to prepare efficiently.
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Carma

2 months ago
I passed the SAP Certified Associate exam for Financial Accounting, and Pass4Success practice questions were a great help. One question that I found challenging was about the steps involved in the financial closing process, specifically the role of accruals and deferrals. I was unsure about the details but still passed the exam.
upvoted 0 times
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Alisha

3 months ago
SAP Financial Accounting cert achieved! Pass4Success made last-minute studying a breeze.
upvoted 0 times
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Sue

3 months ago
I am excited to share that I passed the SAP S/4HANA 2021 Financial Accounting exam. The Pass4Success practice questions were very useful. There was a question about the different types of financial statements that can be generated in General Ledger Accounting. I wasn't entirely sure of the answer but still managed to pass.
upvoted 0 times
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Deandrea

3 months ago
Just passed the SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting exam. Pass4Success practice questions were essential in my preparation. One question that puzzled me was about the process integration between Financial Accounting and Sales and Distribution, particularly how billing documents are posted to the General Ledger. Despite my doubts, I passed!
upvoted 0 times
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Charlene

4 months ago
Passed my SAP certification thanks to Pass4Success. Their questions matched the real exam perfectly!
upvoted 0 times
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Nohemi

4 months ago
I passed the SAP S/4HANA 2021 Financial Accounting exam, and the Pass4Success practice questions were a big help. There was a question about the configuration of asset classes in Asset Accounting and how they impact depreciation calculations. I was a bit unsure but still passed the exam.
upvoted 0 times
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Truman

4 months ago
Thrilled to announce that I passed the SAP Certified Associate exam for Financial Accounting. The Pass4Success practice questions were invaluable. One question that caught me off guard was about the deployment options for SAP S/4HANA, specifically the differences between on-premise and cloud versions. I wasn't sure of the specifics but still managed to pass.
upvoted 0 times
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Carmelina

5 months ago
SAP S/4HANA 2021 exam done! Pass4Success questions were incredibly relevant.
upvoted 0 times
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Ernie

5 months ago
I successfully passed the SAP S/4HANA 2021 Financial Accounting exam. Thanks to Pass4Success practice questions, I felt well-prepared. There was a question about the organizational structure in SAP and how different company codes are assigned to controlling areas. I wasn't completely confident in my answer, but I passed!
upvoted 0 times
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Evan

5 months ago
Happy to share that I passed the SAP Certified Associate exam for Financial Accounting. The Pass4Success practice questions were very helpful. One challenging question was about the steps involved in the financial closing process, particularly the sequence of closing activities. I was unsure about the exact order but still made it through.
upvoted 0 times
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Paris

6 months ago
Aced the SAP certification! Pass4Success materials were a lifesaver for quick prep.
upvoted 0 times
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Alisha

6 months ago
Just cleared the SAP S/4HANA 2021 Financial Accounting exam! Pass4Success practice questions were a great help. There was a tricky question about the different types of ledgers in General Ledger Accounting and how they are used in parallel accounting. I wasn't entirely sure of the answer, but I still managed to pass.
upvoted 0 times
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Franklyn

6 months ago
Just finished the exam and passed! Can't thank Pass4Success enough for their comprehensive practice materials. They really covered all the bases, especially on new S/4HANA concepts!
upvoted 0 times
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Jodi

6 months ago
I recently passed the SAP Certified Associate - SAP S/4HANA 2021 for Financial Accounting exam, and I must say that the Pass4Success practice questions were instrumental in my preparation. One question that stumped me was about the integration points between Financial Accounting and Materials Management. It asked how the system handles goods receipt and invoice verification in the context of Accounts Payable. Despite my uncertainty, I managed to pass!
upvoted 0 times
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Tran

7 months ago
Just passed the SAP S/4HANA Financial Accounting exam! Thanks Pass4Success for the spot-on practice questions.
upvoted 0 times
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Benton

7 months ago
With the help of Pass4Success practice questions, I passed the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates exam. The exam focused on topics such as Financial Closing and General Ledger Accounting. One question that challenged me was related to post provisions during month-end closing operations in Financial Accounting. Despite my uncertainty, I successfully passed the exam.
upvoted 0 times
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Ronnie

8 months ago
Pass4Success nailed it with their SAP S/4HANA practice questions. Just passed the exam with flying colors. Thanks for the efficient prep!
upvoted 0 times
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Alease

8 months ago
My exam experience for the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates was successful, thanks to Pass4Success practice questions. The topics of Financial Closing and General Ledger Accounting were crucial for the exam. One question that stood out to me was about creating balance sheets in Financial Accounting. Although I had some doubts about the answer, I was able to pass the exam.
upvoted 0 times
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Dorthy

8 months ago
SAP S/4HANA Financial Accounting cert in the bag! Pass4Success made it possible with their relevant and up-to-date study materials. Thank you!
upvoted 0 times
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Francoise

9 months ago
I passed the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates exam with the help of Pass4Success practice questions. The exam covered topics like Financial Closing and General Ledger Accounting. One question that I remember from the exam was related to performing month-end closing operations in Financial Accounting, specifically regarding exchange rate valuation. Despite being unsure of the answer, I managed to pass the exam.
upvoted 0 times
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Hester

9 months ago
Aced the SAP S/4HANA Financial Accounting exam today! Pass4Success prep materials were invaluable. Highly recommend for quick and effective study.
upvoted 0 times
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Alethea

9 months ago
Thanks to Pass4Success, I passed the SAP S/4HANA Financial Accounting exam quickly. A key area was the Central Finance deployment options. Prepare for questions on data replication and mapping strategies. Focus on understanding the benefits and challenges of each deployment scenario.
upvoted 0 times
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Allene

10 months ago
Just passed the SAP S/4HANA Financial Accounting exam! Thanks to Pass4Success for the spot-on practice questions. Saved me weeks of study time!
upvoted 0 times
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Lajuana

10 months ago
SAP S/4HANA cert achieved! Pass4Success materials were a lifesaver. Exam questions were surprisingly similar to their practice tests.
upvoted 0 times
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Free SAP C_TS4FI_2021 Exam Actual Questions

Note: Premium Questions for C_TS4FI_2021 were last updated On Mar. 20, 2025 (see below)

Question #1

You perform foreign currency valuation for open items of you supplier accounts. The valuations will be used only for period end reposting and should them be reversed. What account does the system use to post the valuation differences?

Reveal Solution Hide Solution
Correct Answer: D

Question #2

Which of the following steps do you typically perform during a payment run with the automatic payment program?

Note: There are 2 correct answers to this questions.

Reveal Solution Hide Solution
Correct Answer: B, C

Question #3

When is it possible to set the open item management indicator in a general ledger account?

Note: There are 2 correct answers to this questions.

Reveal Solution Hide Solution
Correct Answer: A, C

Question #4

You are asked to explain how assets under construction work in SAP S4/HANA

What should you highlight?

Note: There are 2 correct answers to this questions.

Reveal Solution Hide Solution
Correct Answer: A, B

Question #5

You forgot to add a new general ledger account to the financial statement version.

What impact does this have on the net profit and net loss?

Reveal Solution Hide Solution
Correct Answer: C

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