SAP Central Finance Training on S/4HANA

SAP Central Finance Training - On S/4HANA

SAP Central Finance training at Skillstek enables you to work on a Central Finance project by doing end-to-end configuration. Thus you can do the implementation of the financial application with this advanced deployment option successfully into the SAP HANA System.

The training is based on all practicals while explaining the basic concepts simultaneously. This obviously helps you to do hands-on practice for all that you see and learn during the live sessions.

The SAP Central Finance Online Training guides you throughout the project implementation and covers almost all important scenarios and issues that a consultant faces while doing real-time projects.

Course Objective

After doing this course, you can efficiently implement SAP Finance into your S/4HANA project using Central Finance methodology. You replicate your financial data from the source system to the S4 HANA system using SLT (SAP Landscape Transformation) Replication server. 

After this course you would be able to:

• To understand the Central Finance Deployment
• To understand the Central Finance System Architecture including SAP components and third-party technology.
• Further, to learn the step-by-step process for the Central Finance implementation project.
• Finally, to know how central Finance customers can change their master data management practices in their new landscape.

Upcoming Batch

18th Aug 2023: 6:30AM IST

17th Aug 2023: 9:00PM EST

SAP Central Finance Training Details

  • Hours of Training: 40 Hours
  • Batch Type: Weekdays (Mon-Fri)
  • Mode of Training: Online Live Interactive Sessions
  • Training Type: 100% Practical
  • Topic Coverage: End-to-end Data Conversion (Version S/4HANA 2022)
  • Eligibility: Working SAP FICO Consultants
  • Training Supports:
    • Configuration Documents
    • Troubleshooting
    • Resolving Issues
    • Working on Scenarios and Case-Studies

What is SAP Central Finance?

SAP Central Finance enables centralized service delivery models to report & analyze data within a single system and across a common information model. This helps in further driving value from the shared service center. Likewise, Central Finance is frequently thought of as the least disturbing option to bring data together in a common information model across multiple ERP.
Subsequently, this gives companies visibility to transaction data. Which would otherwise be masked aggregated summary data tables or be in a completely different format together.
Furthermore, the SAP Central Finance acts as a hub to accelerate merger integration or separation by allowing companies to continue to transact in legacy systems.

Why Learn SAP Central Finance?

SAP Central Finance is the new advanced technology. It is an easy method of deploying financial applications into the SAP HANA system, representing a new approach to financial accounting.

With Central Finance, you get a lot of functionalities in a single system. These include Consolidated Transaction Execution, Business Planning, Group Consolidation, Reporting, and Analytics, etc. This also helps to avoid data duplication.

Registration Form

Course Details and Syllabus

FAQ's

To become a successful SAP Central Finance consultant, you need to master the skills of SAp Central Finance, which subsequently requires you to have a deep understanding of S/4HANA Finance as well. Though these both are different, still inter-related. The basic concepts are similar. This is the reason many S/4HANA Finance consultants choose to learn Central Finance in order to enhance their portfolio.

Making SAP as your career is already a good decision. With SAP’s growing global demand, every aspect of it is being adopted by businesses open armed.

Central Finance is one of the great inclusion of SAP in its portfolio. With SAP’s demand growing rapidly, Central Finance too has a good future. Though its demand is not as big as s/4hana finance, as it is optional for industries. Still many are looking for consultants who are equipped with central finance deployment knowledge.

SAP Central Finance uses the latest technology SAP S/4HANA Business suit. It is faster and reliable.

Since SAP S/4HANA Finance is the business process, so it is mandatory for an SAP enabled industry. However, Central Finance being a deployment option is a choice.

All S4 HANA Finance implementations are not with central finance deployment. but all central finance Deployments must perform on the S/4HANA Finance application.

It all depends on your experience and the profile you are already in. You cannot define this thing in fixed numbers.

Since these two are different methodologies of deployment. Thus, you cannot compare these two.
Central Finance is one of the Deployment options for customers when they want to implement S4 HANA Finance without disrupting their existing legacy systems whereas S4 HANA Finance covers all the business processes for Finance, Management Accounting, Cash Management, etc.

Yes. You can. It is advisable to learn both for a better career prospects. In fact, most of our trainees are either already an s4 hana finance consultant or are trained on it. By doing sap central finance training further, they upgrade themselves with central finance deployment skill. This helps them to get more and better work opportunities and a great career growth.

Industry expert Pradeep Hota conducts central finance training. He conducts regular batches for SAP s/4hana finance training on skillstek. He has trained 10000+ trainees already and now he has started central finance too.

All training at Skillstek is 100% practical-based with no Ppt show. Pradeep conducts end to end configuration and implementation of the training project. which gives you a crystal clear idea of the real-time work and perfect knowledge.

You would learn about the case-studies and on training projects, which are a replica of real projects. Working on actual live projects is only possible on-job. You cannot work on real-time projects with a training institute.

Though you can do it, it is not advisable. To be honest, as a fresher it is better for you to go step by step in your SAP career. Learning central finance at the initial stage would be difficult for you so go for SAP Finance training first (on ECC or HANA). For better guidance on this question, please read this article.

It is good to have a 2-3 years of domain experience (in SAP sector), before going for this training.
This will help you to learn the subject in a efficient manner and easily understandable the concepts.

Disclaimer: Skillstek is Not an SAP Partner

Skillstek is not an authorized SAP Partner. Any course, training or any other service provided at Skillstek or by Pradeep Hota are not associated, affiliated, authorized, endorsed by, or in any way officially connected with SAP organization. SAP is a registered trademark of SAP AG in Germany and in many other countries. Skillstek and Pradeep Hota both are NOT associated with SAP organization. We do not conduct any SAP Certification training programs.