on 2012 Aug 08 3:42 PM
Hi Experts, this is my first question on this forum, so please bare with me if you sound me asking weird or repeated questions ,
I am an MBA in Banking and Finance from UK (2011),and before that i got three years of experience in finance working for GE
I have started SAP FICO training from last couple of months in India (Hyderabad), training has gone well, but i have seen people doesnt go for certification here,for the fact cost involved to it, But i am fortunate enough to have this advantage of doing the certification because i got a UK visa for next two years, )my plan is to do perfect training and practice here in India and go back to UK were i can do certification in less then 500£. Coming to the hurdles i am facing
1)I am not getting clear idea of what are the books to refer and do ample amount of practice for SAP FI Certification
2)People trying to rip me off by offering different kind of books in FI which i have never heard about
3)Could you please guide me on what are the areas in FI i have be more focused on from the certifications point of view.
4)What is the pass percentage as per 2012 pattern of FI certification?, how many question will be there?, is class room training and certification questions will have huge gap ?
5)Is there any one or from Hyderabad in last couple of months who has done the certification and can guide me and share the best practices to prepare for next two months since i booked a ticket for October 2012 to UK.
Dear well wishers please help me since i quit my job to do this and i am struggling at the information and guidance level.
God bless you all.
Regards,
Muffi
Hi Muffi,
You must read the following material:
SAP129
SM001
TERP01
TERP21
TFIN50
TFIN52
Hopefully, the following thread would be helpful to you:
Keep watching this forum for more action.
Thanks and Regards,
Ravi
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Dear Ravi,
I really never encountered such an instant generosity in replying to the questions, you are a star, i have read your threads especially the one how to crack a SAP Certification, i feel that has cleared all my confusions,
However sir i would request you to guide more on what are the top most books among the mentioned ones to emphasis first, as a fresher what should be the sequence to follow, I heard about three books(Please name them) which are more important to clear certification,and will i be able to find these books online so that i will make a hard copy of it ?
Since i have more two months to fly to UK will i be able to finish those many book, if not feasible could you suggest me the pattern of best practice and which to select first in the books.
Sir i am surrounded by lot of incomplete information and people with negative thoughts and unclear ideas, which is making my moral down, it will be a great pleasure if you can email me your contact number on my email address@ mohd.raouf86@gmail.com. I know i am going out of the way in asking for help but sir God will bless you if i am taking the right decisions on right time by your guidance.
Regards,
Muffi
Dear Muffi,
It is not question of which book you need to start first. More or less, you need to read all the books. If I am in your position,
First of all I would go and find the certification code that I have booked at the following link:
https://training.sap.com/us/en/certification/
Note down the Curriculum, then
I would start with TFIN50 and TFIN52, then rest other books. These two books should get you around 80 percent of total questions. Remaining other books are basic books. The chapters in the curriculum is mentioned with +++ or ++ or + (+++ means you may expect number of questions, I would concentrate much on these chapters). But, one + do not mean that it is unimportant and I can leave it. You must read each and every chapter at the end of the day.
These books are copyrighted material, not freely distributable (however, they are freely available on the internet, that is a different matter altogether )
You must read each book not less than 5 times (RELIGIOUSLY). First time it will take long time and the more number of times you are reading it will take less time, the more number of times you are reading the more clarity and more flavours you will see.
In my opinion, the most easiest exam in the world is SAP FI Certification exam, provided if your fundamentals are clear. They only test your fundamentals, if your fundamentals are clear, you should easily score anything above 90%. This is my opinion. Therefore, please much concentrate on fundamentals, not to worry too much on your configuration skills.
You have already taken a decision, which cannot be changed, not you only need to see how best you can execute your taken decision.
Please let me know if you have any specific questions.
All the best.
Best Regards,
Ravi
Dear Ravi,
Appreciate your quick response, i think now you can realize i am totlally new to this world and did not really thought of these major things before asking like asking for certification links, which is totally unethical for this forum, my sincere apologies for that.
Coming to your suggestion of, what you would do if you are in position,
First of all I would go and find the certification code that I have booked at the following link:
https://training.sap.com/us/en/certification/,
i am not clear at this because i have not booked any date for certification yet, but i have planned it to take in the month of October 2012.
And i would like to thank you very much that you boost me up saying that certification can be done easily and guide me to focus on fundamentals, if you can put some more light on fundamentals what do you recon it specifically.Sounds again immature, please bare with me.
I will follow your guidance in this regards and make sure will complete all then above mentioned books at least 5 times, and also go thru with other books as well.
As the time passes like any other relationship mine will also get better with forum till then please help me correct and guide me.
Cheers!!
Regards,
Muffi.
Hi Muffi,
Thumb rule you should get around 40% of questions from your master data. You should be much familiar with each and every field on all your master datas. May be the following table would help you to update your fundamentals, which we have prepared when preparing for our certifications. Hope this helps you.
Thanks,
Ravi
LINKAGE BETWEEN VARIOUS MASTERS OF FI AND CO | ||||||||||||
SL. | PARTICULARS | GL | AP | AR | BANK | HOUSE BANK | COST ELEMENT | COST CENTER | ACTIVITY TYPE | SKF | INTERNAL ORDER | PROFIT CENTER |
1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | ||
A | Highest Object | CHART OF ACCOUNTS | CLIENT | CLIENT | COUNTRY | COMPANY CODE | CO AREA | CO AREA | CO. AREA | CO. AREA | CO. AREA | CO. AREA |
B | Second Level | ACCOUNT GROUP | ACCOUNT GROUP | ACCOUNT GROUP | N/A | BANK KEY | PRIMARY/SECONDARY | STANDARD HIREARCHY | N/A | N/A | ORDER TYPE | STANDARD HIREARCHY |
C | Any Type / Category | P&L AND BAL.SHEET | ONE TIME & REGULAR | ONE TIME & REGULAR | NIL | NIL | External / Settlement / Reducing Costs / Revenues | Cost Center Category | Activity Type Category | NIL | Statistical / Real | NIL |
D | Number Ranges | Account Group (External) | Account Group (Int / Ext) | Account Group (Int / Ext) | NIL | NIL | Primary - GL A/c Secondary - Nil | NIL | NIL | NIL | Order Type | NIL |
E | Link To | |||||||||||
Single Co. Code | YES | YES | YES | NO | YES | N/A | YES | NA | NA | YES | Y | |
Multiple Co. Code | YES | YES | YES | NO | NO | N/A | NO | NA | NA | NO | Y | |
F | Field Status | Account Group | Account Group / Activity Type / Company Code level | Account Group / Activity Type / Company Code level | NIL | NIL | Time Bounded Tr.Cd = okek | Time Bounded Tr.Cd = okeg | Time Bounded Tr.Cd = okei | NIL | Order Type | Time Bounded Tr.Cd = 0ke7 |
G | No. of Segments | a) Chart of A/cs b) Company Code Seg | a) Gen. Segment b) Company Code C) Purchasing Org. Seg. | a) Gen. Segment b) Company Code C) Sales Area Seg | NIL | NIL | NIL | NIL | NIL | NIL | NIL | NIL |
H | Business Area | |||||||||||
Direct | NO | NO | NO | NO | YES | YES | YES | NO | N/A | Y | N/A | |
Indirect | YES | YES | YES | NO | YES | YES | YES | YES | N/A | Y | N/A | |
I | Block | a) Company Code b) COA | Company Code Level | Company Code Level | NO | NO | NO | NO | NO | NO | NO | NO |
J | Lock For Transaction | NO | YES | YES | NO | NO | NO | YES | YES | YES | YES | YES |
K | Delete | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES | YES |
Can be deleted through IMG Only. This is possible only in case if there are no entries exists. If there is a single entry posted, you cannot delete these Masters for life time | You may delete if there are no entries during the year. You cannot delete these Master in case if there is any entry during the year. However, in the later case you may delete in next Fiscal year | |||||||||||
L | Planning | YES Transaction Code = fse5n | NO | NO | NO | NO | YES | YES | YES | YES | YES | YES |
M | Currency Control | YES | NO | NO | NO | YES | NO | NO | NO | NO | YES | YES |
N | Link to Masters | |||||||||||
Direct | 2,3,5,6 | 1,3,4,5 | 1,2,4,5 | 2,3,5 | 1,2,3,4 | 1,7,10,11 - P 7,8,10(*) -S | 6,11,10(+) | 6 | -- | 6,7,11 | 6,7,10 | |
Indirect | 7,10,11 | 7(/),11 | 11(=) | -- | -- | 11 | 1,2,8 | 11,7 | -- | 1 | 1,2,3,6,8 | |
O | Link to Transactions | |||||||||||
Direct | 2,3,5,6,7,10,11 | 1,3,4,5 | 1,2,4,5 | 2,3,5 | 1,2,3,4 | 1,7,9,10 | 1,6,8,9,10 | 7,10 | 6,7,10,11 | 1,6,7,8,9,11 | 1,9,10 | |
Indirect | 7,10,11 (Determination) | 11 | 11 | -- | -- | 8,11 | 1,11 | 6,11 | -- | 1 | 1,2,3,6,7,8 | |
P | Currency | Local Currency, Parallel Currency, Transaction Currency, Group Currency for Company Only | Local Currency, Parallel Currency, Transaction Currency | Local Currency, Parallel Currency, Transaction Currency | -- | Local Currency | Local Currency, Transaction Currency, Controlling Area Currency | Local Currency, Transaction Currency, Controlling Area Currency, Cost Center Currency | Any Currency for Planning OR Controlling Currency | -- | Any Currency for Planning OR Internal Order Currency | Local Currency, Transaction Currency, Profit Center Currency |
P (a) | Restriction of Currency | YES | YES | YES | -- | -- | NO | NO | NO | NO | NO | NO |
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