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Duration 14 hours
Course Outline
Introduction to SAP S/4HANA and Financial Operations
- Architectural framework of SAP S/4HANA
- Critical enhancements in SAP S/4HANA for finance management
- Fiori applications for financial workflows
- The Universal Journal: Centralized data source for financial and managerial accounting
Financial Accounting (FI) Module
- Comprehensive view of the FI module in SAP S/4HANA
- General Ledger (GL) accounting procedures
- Management of Accounts Payable (AP) and Accounts Receivable (AR)
- Asset accounting and its integration with FI functions
- Distinctions between ECC and S/4HANA in FI operations
Management Accounting (CO) Module
- Detailed overview of the CO module in SAP S/4HANA
- Cost Element accounting and FI integration
- Cost Center and Profit Center accounting structures
- Management and administration of Internal Orders
- Profitability Analysis (CO-PA) capabilities
Integration with Other SAP Modules
- FI integration with Sales and Distribution (SD) and Materials Management (MM)
- Financial Supply Chain Management (FSCM)
- Treasury and Risk Management within SAP S/4HANA
- Tools for financial consolidation
Financial Closing and Reporting
- Financial close procedures in SAP S/4HANA
- Key Fiori applications for monitoring financial close
- Introduction to financial statements (Balance Sheet, Profit & Loss) in SAP S/4HANA
- Integration with Group Reporting tools for consolidation
Planning and Budgeting in SAP S/4HANA
- Overview of Integrated Business Planning (IBP) for finance
- Processes for budgeting and forecasting
- Real-time planning and analysis using SAP Analytics Cloud (SAC)
- Financial planning utilizing embedded analytics
SAP Central Finance
- Introduction to SAP Central Finance
- Applications and advantages of Central Finance
- Real-time replication of financial data from SAP and non-SAP systems
- Implementation considerations for Central Finance
Emerging Innovations and Future Directions in SAP Financials
- Application of Machine Learning and AI in finance (process automation)
- Predictive accounting and reporting methodologies
- Advanced analytics for financial insights
- Future trends in digital finance
Conclusion and Recommended Next Steps
Requirements
- Basic understanding of finance and accounting principles
Target Audience
- Finance professionals
- Business analysts
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