SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020): C-TS4FI-2020 Exam

"SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)", also known as C-TS4FI-2020 exam, is a SAP Certification. With the complete collection of questions and answers, UpdateDumps has assembled to take you through 82 Q&As to your C-TS4FI-2020 Exam preparation. In the C-TS4FI-2020 exam resources, you will cover every field and category in SAP Certified Application Associate Certification helping to ready you for your successful SAP Certification.

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  • Updated on: Sep 24, 2026
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SAP C-TS4FI-2020 Exam Overview:

Certification Vendor:SAP
Exam Name:SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020)
Exam Number:C-TS4FI-2020
Real Exam Qty:80 (approx.)
Available Languages:English
Certificate Validity Period:No fixed expiration (subject to SAP certification policy and updates)
Exam Format:Multiple response, Multiple choice
Exam Duration:180 minutes
Exam Price:USD 550 (varies by region)
Passing Score:65%
Related Certifications:SAP Certified Application Associate - SAP S/4HANA Financial Accounting
Recommended Training:SAP Learning Hub
Exam Registration:SAP Training and Certification Shop
Sample Questions: DOWNLOAD DEMO
Exam Way:Online proctored or authorized test center
Pre Condition:No mandatory prerequisites, but SAP recommends experience with SAP S/4HANA Financial Accounting or completion of relevant training courses.
Official Syllabus URL:https://training.sap.com/certification

SAP C-TS4FI-2020 Exam Syllabus Topics:

SectionObjectives
Accounts Payable (AP)- Vendor accounting processes
  • 1. Invoice processing
    • 2. Payment processing
      Financial Accounting Overview in SAP S/4HANA- SAP S/4HANA Financial Accounting Architecture
      • 1. Integration with other SAP modules
        • 2. Universal Journal concept
          Accounts Receivable (AR)- Customer accounting processes
          • 1. Incoming payments
            • 2. Invoice creation
              Asset Accounting- Fixed asset lifecycle
              • 1. Depreciation calculation
                • 2. Asset acquisition
                  Closing Operations- Financial closing processes
                  • 1. Reconciliation processes
                    • 2. Period-end closing activities
                      General Ledger Accounting- G/L account configuration and postings
                      • 1. Document posting principles
                        • 2. Chart of accounts setup

                          C-TS4FI-2020 Exam FAQs: Direct Answers Only

                          The passing mark for the C-TS4FI-2020 exam is 65%, and the official registration fee is USD 550 (varies by region). One practical note: the fee buys a single attempt — a retake is charged in full again. Protect that spend by rehearsing first: drill 82 practice questions at UpdateDumps under timed conditions until your scores clear the passing mark with margin, then book.

                          Registration for the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) goes through these official channels:

                          One scheduling detail: the C-TS4FI-2020 exam is delivered Online proctored or authorized test center — plan accordingly when you book.

                          The C-TS4FI-2020 exam — officially the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) — is SAP's certification test for professionals working with its technologies, and passing it earns the SAP Certified Application Associate certification at the Associate level. Because it is vendor-issued and skills-based, employers can compare candidates on it directly — that is what keeps it valuable. It also connects naturally to SAP Certified Application Associate - SAP S/4HANA Financial Accounting.

                          Yes — UpdateDumps publishes a free PDF demo of the C-TS4FI-2020 practice questions, printable if you prefer paper, so you can evaluate the content and verified answers before paying anything. Once you purchase, 365 days of free updates are included, and if the product expires, the update service renews at a 50% discount from your member zone.

                          The SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) syllabus spans 6 domains, led by Accounts Payable (AP), Asset Accounting, and Accounts Receivable (AR). The complete weighted outline is in the syllabus section above — it is the map your preparation should follow.

                          No mandatory prerequisites, but SAP recommends experience with SAP S/4HANA Financial Accounting or completion of relevant training courses.

                          Vendor criteria do change, so before scheduling, verify the latest requirements on the official SAP exam page.

                          SAP lists these training resources for the SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020):

                          Formal training teaches the concepts; offline-capable practice makes them available whenever you have a spare ten minutes. Add 82 practice questions from UpdateDumps to either resource and preparation stops depending on free weekends.

                          Delivery first: download immediately after payment, with an email copy arriving within one minute. If 2 hours pass with no email, check spam and contact our support team. There is no limit on how many computers you can install the software on.

                          If you take the C-TS4FI-2020 exam within 60 days of purchase and do not pass, the UpdateDumps money back guarantee applies: file within 2 days of the exam with a scanned enrollment slip and the official score report (PDF), and the claim is processed within 7 days. The candidate name must match the payer name; the policy excludes exams taken within 3 days of purchase, purchases never used in an actual exam attempt, free materials, and expired orders. If you would rather keep preparing, exchange the product for two free exam packages of equal value and keep the update service on your original purchase.

                          You will face 80 (approx.) questions within 180 minutes on the C-TS4FI-2020 exam. That ratio makes time management a scored skill, and it is best trained offline where you cannot be distracted: run timed mocks in the UpdateDumps Windows engine or app, and let the pacing rhythm settle in before exam day.

                          SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 2020) Sample Questions:

                          You want to configure the tax calculation procedures. What are the main elements you need to define? Note: There are 3 correct answers to this question.

                          • A. Tax code
                          • B. Sequence of steps
                          • C. Country key
                          • D. Account key
                          • E. Condition type
                          Reveal Solution  Discussion  0

                          Correct Answer: A,D,E  🗳️

                          When can you set the open item management indicator in a general ledger account? Note: There are 2 correct answers to this question.

                          • A. When an account is used as a reconciliation account
                          • B. When an account has a zero balance
                          • C. When an account is set up as a cost element
                          • D. When an account is required for clearing
                          Reveal Solution  Discussion  0

                          Correct Answer: B,D  🗳️

                          how does SAP S/4HANA support the treatment of taxes? Note: There are 3 correct answers to this question.

                          • A. It performs tax adjustments for cash discounts and other forms of deduction
                          • B. It checks the tax amount entered and automatically calculates the tax
                          • C. It posts the tax amount to tax accounts.
                          • D. It adjusts the tax codes and automatically updates the procedure.
                          • E. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
                          Reveal Solution  Discussion  0

                          Correct Answer: A,B,C  🗳️

                          To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question.

                          • A. Release task list
                          • B. Create template
                          • C. Define person responsible for tasks
                          • D. Create task groups
                          • E. Define task dependencies
                          Reveal Solution  Discussion  0

                          Correct Answer: B,D,E  🗳️

                          You have been asked to set up house banks as part of the implementation. What information do you need?

                          • A. Payment method
                          • B. Supplier account
                          • C. Company code
                          • D. General ledger account
                          • E. Bank master data
                          Reveal Solution  Discussion  0

                          Correct Answer: C,D,E  🗳️

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