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Course Outline
Introduction to SAP S/4HANA and Finance
- Architectural overview of SAP S/4HANA
- Primary innovations in the finance domain of SAP S/4HANA
- Fiori applications designed for financial workflows
- The Universal Journal: A unified source for financial and managerial accounting
Financial Accounting (FI) Fundamentals
- Overview of the FI module within SAP S/4HANA
- General Ledger (GL) accounting processes
- Management of Accounts Payable (AP) and Accounts Receivable (AR)
- Asset accounting and its alignment with FI processes
- Significant distinctions between ECC and S/4HANA regarding FI operations
Management Accounting (CO) Fundamentals
- Overview of the CO module within SAP S/4HANA
- Cost element accounting and its integration with FI
- Accounting for cost centers and profit centers
- Administration and management of internal orders
- Profitability Analysis (CO-PA)
Critical Integrations with Other SAP Modules
- Alignment of FI with Sales and Distribution (SD) and Materials Management (MM)
- Financial Supply Chain Management (FSCM) concepts
- Treasury and Risk Management features in SAP S/4HANA
- Overview of financial consolidation utilities
Financial Closing and Reporting Processes
- Financial close workflows in SAP S/4HANA
- Essential Fiori apps for monitoring financial close activities
- Introduction to financial statements in SAP S/4HANA (including Balance Sheet and Profit & Loss)
- Consolidation strategies using Group Reporting tools
Planning and Budgeting within SAP S/4HANA
- Overview of Integrated Business Planning (IBP) for financial scenarios
- Processes for budgeting and forecasting
- Real-time planning and analytics leveraging SAP Analytics Cloud (SAC)
- Financial planning utilizing embedded analytics
SAP Central Finance
- Introduction to the SAP Central Finance concept
- Practical use cases and advantages of Central Finance
- Real-time financial data replication from other SAP and non-SAP systems
- Key considerations for implementing Central Finance
Emerging Innovations and Future Trends in SAP Finance
- Application of Machine Learning and AI in finance (including process automation)
- Predictive accounting and reporting methodologies
- Advanced analytics for deriving financial insights
- Upcoming trends in digital finance
Summary and Recommended Next Steps
Requirements
- Foundational knowledge of finance and accounting principles
Target Audience
- Finance specialists
- Business analysts
14 Hours
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…