SAP S4 HANA Simple Finance Training and Certification

This SAP S4 Simple Finance 1909 and SAP FICO training course, you will learn various aspects of financial planning, accounting management, and enterprise risk. As part of this training, you will also learn SAP Fiori to work with real-time analytics, prediction, and simulation for all financial and operational data through hands-on projects. SAP S4 HANA Central Finance allows you to establish a Central Reporting Platform for FICO with the option of creating a common reporting structure. Additionally, selected financial processes can be executed centrally in this system. To prepare common reporting structures, you can map your different accounting entities (for example, account, profit centre, or cost centre) in your source systems to one common set of master data in the central system. You can then replicate Financial Accounting and Management Accounting postings to your Central Finance system.
Curriculum
Overview of SAP HANA
SAP Hana Implementation and Finance Concepts
• Customer Program
• Quota Management
• FIORI
• Rationalization
• Profit Center
• IOT
• ECC
• New GL Concept
• SAP Vs SAP Fi
• WorkCenter and RECIPE
• Column Based reading
• Company Code
• Production Order
• Cost of Activity
• Cost of Production
General Ledger Accounting and Master Data
Integrated Business Processes
• General Table Display
• Document number, Company Code, Fiscal Year
• Asset Accounting
• Cost Center
• Cost element
• Profitability segment
• Sales and Distribution
• Type of accounting
• Central finance
• Credit Control area
Organization Structure
• Creation of new company codes
• Defining business area
• Functional area
• IFRS
• Profit Center
• Product hierarchy
• Profit center finalization and profit center dissension
• Financial accounting organizational structure
• Group Currency
CO (Controlling)
• Controlling organisation structure
• Current and valuation profile
• Controlling area
• Operating Concern
• Financial accounting global setting
• Ledgers
• Currency Types
• Legal View
Concepts of General Ledger Accounting Continued
• Fiscal year
• Shortened fiscal year
• Purchase to pay
• Order to cash
• Goods receipts
• Invoice
Master Data Management and Migration
Management Accounting and CO-PA
Material Ledger and Centralized Master Data for GL
Financials for SAP S4 Hana
SAP Product Costing
Materials Management
• Material Vs Asset
• Receipts and consumption
• Material price analysis
• Two type of consumption
• Cost center
• Material price analysis
• Changing cost components splits of a material
Functionalities in New Asset Accounting
• SAP Hana Implementation
• G/L Account
• Cost Object
• Revenue collector
• Asset accounting
• HANA road map
• Standard optimized transaction
• Service order
• Consignment
• Fault part return
• Accrual Management
• What is underlined process
• How finance support other modules
• Positive post to order and negative post to order
• Go-live and post migration activities
• KPI with HANA
• Monitor business performance
• Accrual entry
• Pricing procedure
• Expense and revenue account
Finance process improvement
• Over absorption and under absorption
• Types of cycle
• SAP treasury and risk management
• Functional changes in HANA
Migration to SAP S4HANA Finance and General Ledger Accounting Continued
• Project system
• Data archiving
• Profit center
• Reconciliation issue
• Migration to S4 Hana
• Enablement of SAP S4 Hana
• Implementing new G/L
• Document Splitting
• Parallel accounting
SAP Central Finance on S4 Hana
• Replication to central finance
• Non ECC system
• Central finance mapping
• Type of deployment
S4 Hana project phases
• Preparation phase
• Feasibility check
• Check Size
• Active business function
• Parallel valuation
• Depreciation calculation
• Consistency check
• Customizing
• Data migration
• Post migration
• Testing
• Preparation phase
• Important SAP notes
• Scope – ABAP
• Active business function
• FI consistency check
Reconciliation Process in SAP Hana
• Reconciliation of general ledger and account payable
• Reconciliation of the general ledger with materials management
• Reconciliation of the ledgers
• Ledger Comparison
• Consistency check
• Migration of general ledger settings
• Defining setting for the journal entry ledger
Other Key Topics
• Document types for Co
• Real time reconciliation
• Execute consistency check of general ledger setting
• Data migration
• Universal journal entry table
• Management accounting
• Migrate secondary cost elements to the card of accounts
• Migration of cost elements to G/L account
• Automatic account determination
Material Valuation in SAP Hana
• Automatic determination of the account
• Material valuation
• Migrate default account assignments
Customizing Financials in SAP S/4HANA
• Reconcile transnational data
• Types of reconcile
• Enrichment of data
• Migration of line items into new data structure
• Universal journal entry structure