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Management Accounting in SAP S/4HANA for SAP ERP CO Professionals

Management Accounting in SAP S/4HANA for SAP ERP CO Professionals equips SAP ERP Cost Accounting consultants with the skills to transition to SAP S/4HANA, addressing the critical industry shift where over 13,000 customers have already migrated. This course targets application consultants responsible for configuring and managing Management Accounting processes, solving the pain point of outdated ERP knowledge by teaching new architectures like the Universal Journal, real-time reporting, and SAP Fiori-based workflows essential for modern finance operations.

This SAP-authorized course prepares learners for the C_TS4CO certification exam with guaranteed-to-run live training, ensuring access to official curriculum and hands-on practice. Graduates gain immediate applicability in digital transformation projects, positioning them for roles in system migration and financial process optimization within S/4HANA environments.

24 Hours (3 Days)
Live Online / Classroom
1+ professionals trained

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Course Overview

The SAP course Management Accounting in SAP S/4HANA for SAP ERP CO Professionals (course code S4F02) is designed for experienced SAP ERP Financials consultants transitioning to SAP S/4HANA, specifically targeting roles such as Application Consultant, Financial Controller, and SAP FI/CO Consultant. This course prepares learners for the SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates certification exam and focuses on the architectural and functional changes introduced in SAP S/4HANA’s Management Accounting module. With over 26,000 organizations globally running core finance operations on SAP S/4HANA, demand for skilled professionals who can manage the transition from legacy ERP systems is accelerating, particularly in manufacturing, financial services, and public sectors.

Participants engage with key SAP technologies including the Universal Journal, SAP Fiori Launchpad, Material Ledger, Cost-Based CO-PA, SAP Analytics Cloud, and Universal Parallel Accounting (UPA). Through hands-on exercises in a SAP Learning Hub environment, students configure controlling integration, define cost elements, set up budgeting for cost centers, and perform end-to-end integrated processes such as procurement, production, and sales cycle integrations with CO. A key lab scenario involves executing period-end closing with variance calculation for production orders, simulating real-world month-end workflows. These practical labs emphasize real-time data processing and reporting using embedded analytics, ensuring participants gain applied experience aligned with modern SAP S/4HANA implementations.

This course directly supports preparation for the SAP Certified Application Associate - SAP S/4HANA for Management Accounting Associates credential, widely recognized as the entry-level benchmark for SAP S/4HANA Management Accounting consultants. Certified professionals in the United States earn between $95,000 and $130,000 annually, with further advancement into senior consultant or finance lead roles. Koenig Solutions enhances learning outcomes with Guaranteed-to-Run batches, official SAP courseware, and access to expert instructors through 1-on-1 training sessions. Completing the Management Accounting in SAP S/4HANA for SAP ERP CO Professionals curriculum positions finance and consulting professionals to lead critical S/4HANA migration projects, especially as enterprises approach SAP’s 2027 end-of-maintenance deadline for ECC.

What You'll Learn

Configure Universal Journal Integration
Automate Primary and Secondary Cost Element Management
Execute Advanced Cost Allocation
Audit Cost Center Budgeting
Analyze Profitability via SAP CO-PA
Implement SAP Analytics Cloud Planning

Prerequisites

Recommended knowledge before taking this course
  • Basic understanding of Management Accounting principles and concepts
  • Prior experience with SAP ERP, specifically in Controlling (CO) module
  • Familiarity with general accounting practices
  • Knowledge of financial and accounting processes within an organization
  • Understanding of core business processes such as purchasing (purchase to pay), production, and sales (order to cash)
  • Basic familiarity with SAP Fiori is beneficial but not mandatory
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Certification Exam

Everything you need to know about the S4F02 certification exam

Exam Details
Exam Name
Format
Multiple choice, labs & case studies
Questions
Duration
Passing Score
Validity
Retake Policy
Not applicable
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Management Accounting in SAP S/4HANA for SAP ERP CO Professionals

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What's Included in Your Training

Every enrollment comes packed with resources to maximise your learning and exam success

Career Outcomes

82%

of S4F02 certified professionals report career advancement within 6 months

Salary Impact

+28%

Average salary increase reported after obtaining the S4F02 certification

Typical Salary Range (Global)
Entry$90,000–$115,000
Mid$115,000–$145,000
Senior$145,000–$180,000

*Source: Glassdoor / LinkedIn 2025

Job Roles

6
  • SAP Management Accountant
  • SAP FI/CO Consultant
  • Financial Controller (S/4HANA)
  • SAP S/4HANA Finance Lead
  • Cost Accounting Analyst
  • Finance Transformation Consultant

Companies Hiring

5,000+
Accenture Deloitte IBM Capgemini Wipro Tata Consultancy Services Siemens Bosch PwC KPMG

and 5,000+ organizations worldwide seeking S4F02 certified professionals

Real Transformations

Course Student Reviews

Real results from IT professionals who trained with Koenig — rated 4.9/5 from 18,400+ verified reviews.

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    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
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    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

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    SC-300 Certified ✓ Verified
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    AI-102 Certified ✓ Verified
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    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

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    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “Passed AZ-104 on first attempt. The MCT knew the exact exam patterns and the labs were exactly what Microsoft tests. Worth every penny.”

    Rahul M.

    Rahul M.

    Azure Administrator

    AZ-104 Certified ✓ Verified
  • ★★★★★

    “I trained 15 of my team members for SC-200. Koenig's on-site delivery was seamless and all 15 passed within 3 months.”

    Sarah K.

    Sarah K.

    CISO, Financial Services

    Enterprise Client ✓ Verified
  • ★★★★★

    “The 1-on-1 format was a game changer. My trainer adjusted the pace to my schedule and I cleared PL-300 while working full-time.”

    Ahmed R.

    Ahmed R.

    Business Intelligence Lead

    PL-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “From AZ-900 to AZ-305 in 6 months. Koenig's structured roadmap and MCT mentoring made the expert level achievable.”

    Priya S.

    Priya S.

    Cloud Solutions Architect

    AZ-305 Expert ✓ Verified
  • ★★★★★

    “As an L&D head I've used 5 training vendors. Koenig's MCT quality, MOC materials, and ESI compliance is in a different league.”

    James T.

    James T.

    Head of L&D, UK Enterprise

    100+ Learners Trained ✓ Verified
  • ★★★★★

    “SC-900 and SC-300 back to back — both cleared first try. The security curriculum at Koenig is incredibly thorough and up to date.”

    Aisha N.

    Aisha N.

    Security Analyst

    SC-300 Certified ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified
  • ★★★★★

    “AI-102 was daunting but the trainer broke it down perfectly. Real Azure OpenAI labs made the difference. Highly recommend.”

    David L.

    David L.

    AI Engineer

    AI-102 Certified ✓ Verified
  • ★★★★★

    “DP-600 Fabric certification done in 3 weeks of part-time study. The customised schedule around my timezone was a lifesaver.”

    Mei W.

    Mei W.

    Data Platform Engineer

    DP-600 Certified ✓ Verified
  • ★★★★★

    “Our whole DevOps team got AZ-400 certified through Koenig's corporate training. Smooth logistics and top-tier MCTs throughout.”

    Carlos R.

    Carlos R.

    Engineering Manager

    AZ-400 Team Training ✓ Verified

Frequently Asked Questions

Everything you need to know about the S4F02 training course

Is the certification exam included in the Management Accounting in SAP S/4HANA for SAP ERP CO Professionals course fee, and what is the cost?
The SAP C_TS4CO_2023 certification exam is not included in the course fee. You must purchase it separately for $230 USD (excluding tax) via the SAP CER001 subscription. This subscription grants one exam attempt and 12 months of access to the SAP Certification Hub for scheduling.
What training formats does Koenig offer for Management Accounting in SAP S/4HANA for SAP ERP CO Professionals, and is scheduling guaranteed?
Koenig offers live online 1-on-1, public instructor-led, and self-paced formats. All options feature Guaranteed-to-Run scheduling. This ensures public batches proceed even with one participant, eliminating cancellation risks and providing you with reliable, expert-led training access for your professional development.
How long is lab access provided for Management Accounting in SAP S/4HANA for SAP ERP CO Professionals, and what environment is used?
You receive 30 days of lab access via SAP Live Access. This cloud-based sandbox provides a secure, preconfigured SAP S/4HANA 2023 environment. You can access it through the Fiori Launchpad or SAP GUI to execute real-world configurations and processes without needing any local software installation.
What is the rescheduling and cancellation policy for the Management Accounting in SAP S/4HANA for SAP ERP CO Professionals course?
Koenig permits free rescheduling if requested over 10 days before the start date. Cancellations or rescheduling within 10 days incur a 50% fee of the total purchase amount. Each enrollment is eligible for one reschedule under the standard Koenig Terms of Service.
What are the details of the SAP C_TS4CO_2023 exam for Management Accounting in SAP S/4HANA for SAP ERP CO Professionals?
The SAP C_TS4CO_2023 exam includes 80 multiple-choice questions with a 180-minute time limit. A passing score of 59% is required. The exam is remotely proctored via webcam through the SAP Certification Hub and validates your expertise in core SAP S/4HANA management accounting processes.
How long is the SAP C_TS4CO_2023 certification valid, and what is the renewal process for Management Accounting in SAP S/4HANA?
The SAP C_TS4CO_2023 certification remains valid for 12 months. Renewal requires an annual assessment and an active SAP Learning Hub subscription, which starts at approximately $1,488 per year. If you do not renew, the certification lapses and you must retake the full exam.
What post-training support does Koenig provide for Management Accounting in SAP S/4HANA for SAP ERP CO Professionals?
Koenig provides 30 days of post-training support, including session recordings, continued lab access, and exam preparation materials. You also receive a 100% happiness guarantee, allowing a full refund if you are dissatisfied within 24 hours of the first training session.
What are the prerequisites for the Management Accounting in SAP S/4HANA for SAP ERP CO Professionals course?
You need at least associate-level knowledge of SAP ERP Management Accounting. This delta training is designed for experienced SAP ERP Financials consultants transitioning to SAP S/4HANA. It focuses on updates to cost elements, reporting, integration, and new functionalities like the Universal Journal and Fiori apps.
What career impact can professionals expect after completing Management Accounting in SAP S/4HANA for SAP ERP CO Professionals?
You can pursue roles like SAP S/4HANA Controlling Consultant or FP&A Analyst. Certified consultants often earn 20–30% more than non-certified peers. In the U.S., SAP S/4HANA CO consultants typically earn between $95,000 and $135,000 annually, depending on experience and location.
How does instructor-led training for Management Accounting in SAP S/4HANA for SAP ERP CO Professionals compare to self-study?
Instructor-led training provides expert guidance and real-time doubt resolution, significantly increasing exam success rates. Learners report 85% higher confidence in applying concepts. Koenig’s approach includes mock tests aligned with the C_TS4CO_2023 blueprint to ensure you are fully prepared for the certification.
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