SAP Financial Accounting (C_TFIN52_67) preparation guide helps you to get focused on exam. This guide also helps you to be on C_TFIN52_67 exam track to get certified with good score in final exam.
C_TFIN52_67 SAP Financial Accounting Exam Summary
Exam Name: SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7
Exam Code: C_TFIN52_67
Exam Price: USD $500
Duration: 180 Mins
Number of Questions: 80
Passing Score: 60%
Schedule Exam: SAP Training OR Pearson VUE
Sample Questions: C_TFIN52_67 SAP Financial Accounting
Recommended Practice: C_TFIN52_67 Online Practice Exam
Exam Syllabus: C_TFIN52_67 SAP Financial Accounting (FI)
Topic Areas
General Ledger Accounting - > 12% Create and maintain general ledger accounts, exchange rates, bank master data and define house banks. Create and reverse general ledger transfer postings, post cross-company code transactions, create profit centers and segments. Clear an account and define and use a chart of accounts. Maintain tolerances, tax codes, and post documents with document splitting. Other general ledger accounting topics included, and describe the concept of SAP Simple Finance add-on for SAP Business Suite powered by SAP HANA. Books: TFIN50, TFIN52, TERP20 OR AC200, AC207, AC210, TERP20
Asset Accounting- > 12% Create and maintain charts of depreciation and the depreciation areas, asset classes, asset master data, and configure and perform FI-AA business processes in the SAP system. Set up valuation and depreciation, perform periodic and year-end closing processes, and explain and configure parallel accounting and new asset accounting.
Books: TFIN52 OR AC305, AC210
Accounts Payable- > 12% Create and maintain vendor accounts, post invoices and payments and use special g/l transactions, reverse invoices and payments and use special g/l transactions, block open vendor invoices for payment, configure the payment program, and manage partial payments. Define the customizing settings for the Payment Medium Workbench, use the debit balance check for handling payments , define terms of payment and payment types, explain the connection of customers to vendors, describe integration with procurement, and create special general ledger indicators and post with special general ledger indicators. B
ooks: TFIN50, TFIN52 OR C200, AC201, AC202, TERP20
Financial Closing- 8% - 12% Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.), create balance sheet, create profit and loss statements, monitor closing operations using the Financial Closing Cockpit, post accruals with accrual documents and recurring entry documents, and manage posting periods.
Books: TFIN50 OR AC205
SAP Financials Basics- 8% - 12% Map the accounting structure of a company in SAP, create a company code, fiscal year variants, and assign fiscal year variants. Define currencies, configure validations and substitutions, test validations and substitutions, set up document types and number ranges, and utilize and explain posting keys. Books: TFIN50, TFIN52, SM001E, TERP01 OR AC200, AC202, SM001E, TERP01
Reporting- 8% - 12% Use Standard reports in Financial and Management Accounting (financial statements etc, report variants and variables), execute SAP List Viewer reports, and use the SAP List Viewer functions and drilldown reporting. Books: TFIN52 OR CA700
Accounts Receivable- 8% - 12% Create and maintain customer accounts, post invoices and payments, reverse invoices and payments, define terms of payment and payment types, manage partial payments, set up correspondence, send periodic account statements, describe integration with sales and distribution, set up and execute dunning
Books: TFIN50, TFIN52, TERP20 OR AC200, AC201, AC202, TERP20
SAP C_TFIN52_67 Certification Sample Questions and Answers
To make you familiar with SAP Financial Accounting (C_TFIN52_67) certification exam structure, we have prepared this sample question set. We suggest you to try our Sample Questions for SAP FI C_TFIN52_67 Certification to test your understanding of SAP C_TFIN52_67 process with real SAP certification exam environment.
C_TFIN52_67 SAP Financial Accounting Sample Questions
01. Which line item field is filled automatically by the sort key field of a master record (G/L account, customer, or vendor)?
Note: Please choose the correct answer.
a) Item text
b) Assignment
c) Amount in document currency
d) Number of the invoice to which the transaction belongs
02. Which two data sections are part of every asset?
Note: There are 2 correct answers to this question.
a) Account determination data section
b) Depreciation data section
c) Master data section
d) Valuation area data section
03. When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied?
Note: There are 2 correct answers to this questions.
a) Create different versions of the same FSV.
b) Create one FSV, then save different variants based on the needs of the various groups.
c) Create one FSV and enhance it with different sets of notes.
d) Create different FSVs based on the needs of the target group.
04. What is the purpose of account determination in the accrual engine?
Note: There are 2 correct answers to this question.
a) To determine the CO object.
b) To determine the correct posting period.
c) To determine debit and credit accounts.n
d) To determine the document type.
05. For which scenario can you use the cash journal?
Note: Please choose the correct answer.
a) To manage cash in local branches and offices.
b) To make remittances to vendors.
c) To post incoming and outgoing payments in any transaction currency
d) To record documents that will not be included in the general ledger.
06. What are the prerequisites for setting up cross-company cost accounting?
Note: There are 2 correct answers to this question.
a) The same fiscal year is used for all company codes.
b) The same variant for open periods is used for all company codes.
c) The same chart of accounts is used for all company codes.
d) The same currency is used for all company codes.
07. You post a G/L document. For the Text field, the field status of the posting key is set to Required Entry and the field status of the G/L account is set to Hidden Entry. What happens during posting?
Note: Please choose the correct answer.
a) The document is posted.
b) A warning message is shown.
c) An error message is shown.
d) The Text field is hidden.
08. Which Customizing settings can you make for payment terms?
Note: There are 3 correct answers to this question.
a) Determine a default payment method for the line item
b) Determine whether a payment term is valid only for the vendor, only for the customer, or for both customer and vendor
c) Determine a default currency code for the header of the accounting document
d) Determine that invoices are locked for dunning
e) Determine that invoices are locked for payment
09. To which of the following does an asset class apply?
Note: Please choose the correct answer.
a) To all company codes in a controlling area
b) To all company codes in an instance (client-independent)
c) To all company codes in a client
d) To all company codes within a client, which share the same chart of accounts
10. Which of the following are interactive functions available in the SAP List Viewer.
Note: There are 3 correct answers to this question.
a) Dual control.
b) Sorting.
c) Master data modification.
d) Summation.
e) Filters.
Solutions:
QUESTION: 01 Answer: b
QUESTION: 02 Answer: b, c
QUESTION: 03 Answer: b, c
QUESTION: 04 Answer: c, d
QUESTION: 05 Answer: a
QUESTION: 06 Answer: a, c
QUESTION: 07 Answer: c
QUESTION: 08 Answer: a, b, e
QUESTION: 09 Answer: c
QUESTION: 10 Answer: b, d, e
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