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SAP S/4HANA Finance: Financial Accounting and Controlling
Learn SAP S/4HANA Finance: Financial Accounting, AP, AR, Controlling, Asset Management, Reporting, Real-Time Integration
This Course Includes
udemy
4.2 (4 reviews )
35h 5m 
english
Online - Self Paced
professional certificate
Udemy
About SAP S/4HANA Finance: Financial Accounting and Controlling
A warm welcome to the
SAP S/4HANA Finance: Financial Accounting and Controlling
course by
Uplatz
.
SAP S/4HANA Finance
(previously known as SAP Simple Finance) is a module within the SAP S/4HANA ERP suite that modernizes and streamlines financial management processes. It integrates financial and management accounting, treasury, and risk management with real-time reporting capabilities, offering comprehensive financial insights to support business decision-making. SAP S/4HANA Finance is widely adopted by organizations aiming for digital transformation in their financial operations, offering a robust foundation for data-driven strategies.
Key Features of SAP S/4HANA Finance
1.
Unified Financial Data
: Combines financial and operational data into a single source of truth using the SAP HANA in-memory database. 2.
Real-Time Analytics
: Enables instant financial insights through advanced reporting and analytics capabilities. 3.
Simplified Processes
: Reduces complexity in financial operations such as closing, reporting, and reconciliation. 4.
Advanced Integration
: Seamlessly integrates with other SAP modules (e.g., MM, SD, CO) and external systems for end-to-end financial processes. 5.
Enhanced User Experience
: Offers intuitive, role-based Fiori applications for streamlined workflows and decision-making. 6.
Key Innovations
: Includes functionalities like universal journal (ACDOCA), real-time profit analysis, and predictive financial planning.
Key Components of SAP S/4HANA Finance
Financial Accounting (FI)
: Covers core accounting processes like general ledger, accounts payable, accounts receivable, and asset accounting.
Controlling (CO)
: Supports internal management functions such as cost center accounting, profit center accounting, and internal orders.
Treasury and Risk Management
: Manages liquidity, cash flow, and financial risks.
Advanced Financial Closing
: Automates and accelerates month-end and year-end closing activities.
Benefits of SAP S/4HANA Finance
Faster decision-making with real-time financial insights.
Reduced operational costs through simplified data structures.
Improved financial compliance and accuracy.
Scalable architecture to support growing business needs.
SAP S/4HANA Finance: Financial Accounting and Controlling - Course Curriculum
Section 1: Introduction to SAP S/4HANA Finance
Overview of SAP S/4HANA Finance
Key Innovations in SAP S/4HANA Finance (Cloud Version)
Course Objectives and Outcomes
Section 2: SAP FI (Financial Accounting)
1. General Ledger (GL)
New Ledger Concepts and Configurations
Leading and Parallel Currencies
Journal Entry Posting
2. Accounts Payable (AP)
Vendor Management and Transactions
GST Configuration and Withholding Tax Setup
Auto Payment Program
Integration with FI-GL, FI-AA, and MM
3. Accounts Receivable (AR)
Customer Management and Credit Management
Down Payment Receipt with Clearing
Dunning and Interest Calculation Setup
4. Bank Accounting (BA)
House Bank and Bank Account ID Setup
Cheque Payment Process
Electronic Bank Reconciliation Setup (EBRS)
5. Asset Accounting (AA)
Overview and Integration with FI-GL, CO, MM
Asset Master Data Creation and Changes
Asset Acquisition, Additions, Retirements, and Transfers
Depreciation Job Setup and Legacy Asset Balance Transfer
6. Reporting
Financial Statements and Multiple Reporting Methods
Month-End and Year-End Activities
Section 3: SAP CO (Controlling)
1. Cost Centre Accounting (CCA)
Cost Centers Setup and Management
Internal Order Accounting
2. Profit Centre Accounting (PC)
Configuration and Reporting
3. Real-Time CO-FI Integration
Key Concepts and Benefits
4. Advanced CO Concepts
Controlling Area Setup
Cross-Company Postings
Section 4: Technical Knowledge
Overview of ABAP and BASIS Knowledge
Understanding Validations and Substitutions in S/4HANA
Section 5: Fiori Tiles
Working Knowledge of Fiori Tiles for SAP FI and CO
Section 6: Practical Lab Exercises
1. Enterprise Structure and Setup
Company Enterprise Structure Creation
Company Code Basic Features
Controlling Area Setup with Profit and Cost Centers
2. End-to-End Integration
P2P Process with FI-MM Integration
O2C Configuration (SD to FI Integration)
3. Advanced Asset Accounting
Asset Acquisition from PO
AUC and Settlements
4. Custom Processes
Exchange Rate Differences and Document Clearing
Accrual and Deferral Processes
Section 7: Advanced Features
Mass Updates in S/4HANA
Validations, Substitutions, and Custom Workflows
New GL Concepts and Real-Time Reporting
Section 8: Assessment and Reporting
Scenario-Based Exercises
Financial Statements Generation and Analysis
Performance Benchmarking
What You Will Learn?
- Understand the key innovations and benefits of SAP S/4HANA Finance, including its role in digital transformation. .
- Configure and manage the General Ledger (GL), including new ledger concepts, leading/parallel currencies, and journal entries. .
- Implement and manage Accounts Payable (AP) processes, including vendor management, GST configuration, withholding tax, and the automatic payment program. .
- Execute Accounts Receivable (AR) processes, such as customer management, credit management, down payment clearing, and dunning setup. .
- Set up and handle Bank Accounting (BA) processes, including house bank setup, cheque payments, and electronic bank reconciliation (EBRS). .
- Integrate Asset Accounting (AA) with other modules (FI-GL, CO, MM) and perform asset-related activities like acquisitions, transfers, and depreciation setup. .
- Generate financial reports, including financial statements, and perform month-end and year-end activities efficiently. .
- Utilize SAP Controlling (CO) features such as cost center accounting, internal orders, and profit center reporting for effective cost management. .
- Configure real-time CO-FI integration to enhance financial insights and streamline operations. .
- Leverage advanced controlling concepts, such as cross-company postings and controlling area setups. .
- Gain foundational knowledge of ABAP, BASIS, validations, and substitutions to support SAP S/4HANA processes. .
- Navigate and use Fiori Tiles for performing key SAP FI and CO functions with a user-friendly interface. .
- Create and manage enterprise structures, including company codes and controlling areas with profit and cost centers. .
- Integrate end-to-end business processes, including P2P (Procure-to-Pay) and O2C (Order-to-Cash), across modules like FI, MM, and SD. .
- Apply advanced features such as mass updates, real-time reporting, and custom workflows in SAP S/4HANA. .
- Handle specialized processes like exchange rate differences, document clearing, accruals, and deferrals. .
- Conduct scenario-based exercises to analyze financial statements and benchmark performance. .
- Confidently manage advanced asset accounting tasks like acquisitions from PO, AUC settlements, and legacy data transfers. Show moreShow less.