What you'll learn:
- Configuration and Implementation for SAP S/4HANA Finance
- Hands-on experience with SAP S/4HANA FICO
- Be able to take SAP S/4HANA Finance 1909 Certification exam
- Understand how a required business process runs on SAP
- Integration of SAP S/4HANA Finance with Logistics (MM & SD) module
- Business Partners and its linkage with Customer and Vendor Master
- SAP Financial Closing Cockpit
- Universal Journal - ACDOCA
- New Asset Accounting in SAP S/4HANA Finance
- SAP FIORI S/4HANA Finance Apps
The course will prepare the students to learn and understand all the necessary end-to-end implementation steps to configure SAP S/4HANA Finance and Controlling with End-User processes for any organization.
After this course, the students will be able to identify and analyze the business requirements of any organization for the Record to Report process cycle and to configure SAP S4 HANA FICO accordingly.
Lectures under each Section can easily be identified for 'Configuration' and 'End-User' processes on SAP S/4 HANA Finance through their titles.
After taking this course, the Learners will be able to work both as a Consultant and End-User and can also take SAP S/4HANA Finance certification exam i.e., C_TS4FI_2020
Here are the highlights of the course:
- Section 1 is about the SAP S/4HANA Business Suite and its HANA database capabilities including SAP Fiori and Universal Journal – ACDOCA
- Section 2 is the one from where the configuration of the module on SAP system is started through the Enterprise Structure and gives an introduction to the types of Projects and SAP Activate methodology
- Section 3 demonstrates the configuration for Fiscal Year and Posting Periods through Variant Principle
- Section 4 shows the configuration and master data related to G/L accounts, Document splitting, and Segments
- Section 5 is important as it demonstrates the configuration related to Controlling module and shows the master data creation of Profit center, Cost center, and Cost element
- Section 6 demonstrates the configuration and settings related to Currency types, Leading ledger, and Non-leading ledger with the assignment of Accounting principles that is new in SAP S/4HANA Business suite
- Sections 8 and 9 demonstrate the configuration and creation of Business Partner master data including Customer master data, Vendor master data, and Bank master data
- Sections 10, 11, 12, and 13 show the configuration related to Document control, Default values, Taxes on Sales/Purchases, Tolerance limits for Employees, G/L accounts, and Customer/Vendor
- Section 14 demonstrates configuration related to Currencies, Exchange rate, and Exchange rate differences
- Sections 15, 16, 17, 18, and 19 show the End-User processes related to Holding and Parking documents, Documents/Invoice posting, Line items display, Reference documents and recurring model, Payment terms and Cash discounts, and Documents clearing
- Sections 20 – 27 demonstrate the configuration and end-user processes related to Automatic payment program, Down payments, Document reversal and reset clearing items, Validations and Substitutions, Bank Accounting including Cash journal and Bank reconciliation, Automatic dunning, Correspondence, and Financial statement version
- Section 28 kicks off the configuration related to New Asset Accounting, while Section 29 demonstrates the end-user processes related to it
- Section 29 demonstrates the configuration of Cross-company code or Intercompany transactions or processes
- Sections 31 – 37 show the configuration and end-user process related to Controlling module
- Sections 38 and 39 show the integration points between SAP S/4HANA Finance and Controlling modules with MM and SD modules
- Section 40 shows the processes related to Finance closing operations such as Accruals and Deferrals, Foreign Currency Valuation, Postings in Special periods, and Financial Closing Cockpit
- Section 41 gives you the information on Certification Exam on SAP S/4HANA Finance and Controlling
Disclaimer: SAP and other products of SAP mentioned in the training is a trademark or registered trademark of SAP SE, Germany. I am not related or affiliated with that.
