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SAP S/4 HANA Finance Course Introduction

SAP S/4 HANA Finance Online Training Course Content

SAP S/4 HANA Finance is a financial application in the SAP S/4HANA ERP platform. It consists of a set of interconnected financial management functions that provide real-time data from the enterprise resource planning (ERP) applications. SAP S/4HANA Finance is part of S/4HANA and is built on the SAP HANA in-memory database platform. S/4HANA integrates cross-organizational functions into one system that combines transactional processes and analytics for real-time applications. For the front end, SAP S/4HANA Finance uses SAP Fiori for a consumer-like and personalized UX (user experience).

SAP S/4HANA Finance, which was previously called SAP Simple Finance, is the first business application developed for the S/4HANA platform. It is designed to remove traditional barriers between transactional, analytics, and planning systems to provide instant insights and on-the-fly analysis using all levels of financial data. A business decision maker, for example, can use SAP S/4HANA Finance to model data and create forecasts of potential decisions using real-time financial data from various systems.

SAP S/4HANA Finance is aimed at financial professionals and specialists in all industries, including Chief Financial Officers (CFOs) and others involved in accounting and tax, treasury, financial operations, risk and compliance. The user base ranges from small companies to Fortune 100 enterprises and includes companies around the world.

The main advantage SAP S/4HANA Finance has is processing speed combined with integrated features for the various financial functions, such as financial accounting and management accounting. Because of this, SAP S/4HANA Finance allows for a much faster reconciliation of financial processes such as the quarterly close, and provides a single source of financial truth for the organization as a whole, according to SAP.

SAP S/4 HANA Finance Online Training Course Content

  • SAP HANA, SAP S/4HANA, & SAP Fiori
  • Introducing SAP
  • Introduction to SAP HANA - SAP S4 HANA Finance Online Training
  • Introducing SAP S/4 HANA
  • SAP ASAP & SAP Activate Methodology
  • SAP Fiori Introduction
  • Setting Up Enterprise Structure
  • Setting Up Company
  • Setting Up Company Codes
  • Fiscal Year Variant - SAP S4 HANA Finance Online Training
  • Posting Period Variant
  • Field Status Variant
  • Controlling Areas
  • General Ledger Accounting
  • 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 - SAP S4 HANA Finance Online Training
  • Tax codes, and
  • Post documents with document splitting
  • Manage Organizational Units
  • Currencies
  • Configure Validations and Document Types,
  • Utilize Reporting Tools,
  • Configure Substitutions, and
  • manage Number ranges.
  • Accounts Payable & Accounts Receivable
  • Create and maintain business partners,
  • Post invoices and payments and use special g/l transactions,
  • Reverse invoices and payments,
  • Block open invoices for payment,
  • Configure the payment program,
  • Manage partial payments - SAP S4 HANA Finance Online Training
  • 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 sales.
  • Asset Accounting
  • Create and maintain charts of depreciation and the depreciation areas,Asset classes,Asset master data,Configure and perform FI-AA business processes in the SAP system.
  • Set up valuation and depreciation,Perform periodic and year-end closing processes,Explain and configure parallel accounting.
  • Financial Closing
  • Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.),
  • Create balance sheet,
  • Create profit and loss statements - SAP S4 HANA Finance Online Training
  • Monitor closing operations using the Financial Closing Cockpit,
  • Post accruals with accrual documents and recurring entry documents, and
  • manage posting periods.
  • Cost Center Accounting
  • Setup Controlling Areas
  • Activate Controlling Components
  • Cost Center Standard Hierarchy
  • Cost Center Groups - SAP S4 HANA Finance Online Training
  • Cost Center Planning
  • Cost Center Actual Posting
  • Cost Center Accounting Reports
  • Profit Center Accounting
  • Activate Profit Center Accounting
  • Profit Center Standard Hierarchy
  • Profit Center Groups - SAP S4 HANA Finance Online Training
  • Profit Center Actual Posting
  • Profit Center Accounting Reports
  • Overview to SAP Product Costing
  • ​Overview to SAP Profitability Analysis (CO-PA)

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