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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

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