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Course Outline
Introduction to SAP S/4HANA and Financials
- Architectural framework of SAP S/4HANA
- Core advancements in SAP S/4HANA Finance
- Fiori applications supporting financial workflows
- The Universal Journal: Unified repository for financial and managerial accounting data
Overview of Financial Accounting (FI)
- Functional scope of the FI component in SAP S/4HANA
- General Ledger (GL) accounting procedures
- Management of Accounts Payable (AP) and Accounts Receivable (AR)
- Asset Accounting functions and their integration with FI
- Distinctions between ECC and S/4HANA regarding FI processes
Overview of Management Accounting (CO)
- Functional scope of the CO component in SAP S/4HANA
- Cost Element Accounting and its interaction with FI
- Cost Center and Profit Center Accounting mechanisms
- Administration and control of Internal Orders
- Profitability Analysis (CO-PA) capabilities
Integration with Other SAP Modules
- Financial integration with Sales and Distribution (SD) and Materials Management (MM)
- Financial Supply Chain Management (FSCM) functions
- Treasury and Risk Management capabilities in SAP S/4HANA
- Overview of tools for financial consolidation
Financial Closing and Reporting Procedures
- Financial close operations within SAP S/4HANA
- Essential Fiori apps for monitoring financial close activities
- Generation of financial statements in SAP S/4HANA (Balance Sheet, Profit & Loss)
- Consolidation using Group Reporting tools
Planning and Budgeting Processes in SAP S/4HANA
- Integrated Business Planning (IBP) for finance functions
- Budgeting and forecasting methodologies
- Real-time planning and analysis via SAP Analytics Cloud (SAC)
- Financial planning utilizing embedded analytics
SAP Central Finance
- Introduction to the SAP Central Finance solution
- Operational use cases and strategic benefits of Central Finance
- Real-time replication of financial data from SAP and non-SAP source systems
- Critical considerations for implementing Central Finance
Key Innovations and Future Trends in SAP Financials
- Application of Machine Learning and AI to automate financial processes
- Capabilities for predictive accounting and reporting
- Advanced analytics for deriving financial insights
- Emerging trends in digital finance operations
Summary and Next Steps
Requirements
- Fundamental knowledge of financial and accounting standards
Target Audience
- Finance specialists
- Business analysts
14 Hours
Testimonials (2)
In question and answer section, we can ask many cases and Mr. Oki is great to make us understand the solution of our issues.
Verified Client
Course - Mastering On-Premise SAP Fiori Development
It was straight to the point and more practical