SAP S4 HANA Finance Training (2022)
SAP S4 HANA Finance Training 2022
This SAP S4 HANA Finance Training coveres the end to end implementation & configuration of Finance, Controlling & Receivable Management in the S/4HANA system. This includes advanced business processes such as Margin Analysis, New Bank Accounting, New Asset Accounting, Universal Allocation and much more.
It’s 100% practical-oriented training with no Ppt show. Also, it is based on Real-time scenarios of SAP S4 HANA Finance. With the live online training sessions, you can clear your doubts directly with the trainer Pradeep Hota.
Additionally, you get mock tests, configuration materials and offline practice support to complement the SAP S/4HANA Finance Training. This helps you to pass the SAP S4 HANA Financial Accounting exam conducted by SAP® AG. With this course, you would be able to do end-to-end configuration & implementation of projects on any of the SAP Finance versions, like S/4HANA 2022, S4 HANA 2021, or earlier versions.
Course Objective
- SAP S4 HANA Finance, Controlling & Receivables Management Configuration
- Understand SAP S/4HANA Finance Solution, SAP Analytics
- Get real-time insights into the S/4HANA Finance Process
- Prepare and configure S/4HANA for Project implementation
Upcoming Batch
28th Apr 2024: 7:00 PM IST
EST: 28th Apr | 09:30 AM
CST: 28th Apr | 08:30 AM
SAP HANA Finance Training - Details
- Course Focus : S4 HANA Finance & Controlling with latest S4 HANA Version 2022
Course Duration : 70 Hours - Mode of Training: Online
- Batches: Weekends Only
- Audience Type: SAP End User, SAP FICO Junior Consultants, SAP Business Analysts
SAP S4 HANA Finance Course - Snapshot
S/4HANA Finance
- SAP S4 HANA Finance- Introduction
- New Bank Accounting
- New Asset Accounting
- Universal Allocation
- WIP Calculation
- Primary & Secondary Cost Element
S/4 HANA Controlling
- Margin Analysis
- COGS Splitting
- Cost Object Controlling
- Credit Management
SAP S4 HANA Finance Training Video
Registration Form
About - SAP S/4HANA Finance (Simple Finance)
What's New?
SAP S4 HANA Finance is all-inclusive of Financial Accounting and Management subjects based on cloud technology. This includes in-memory technology, Universal Journal (ACDOCA), Extension Ledger, Business Partner, concepts of SAP Central Finance and more. This also includes Management Accounting topics like Margin Analysis, New Asset Accounting and other key subjects of SAP S4 HANA Controlling.
Major organizations are now adopting the cloud technology offered by SAP in the form of S/4HANA. Thus they look for consultants who are equipped with complete knowledge of all these subjects with quality skills.
Key Benefits
- SAP S4 HANA Simple Finance provides real-time reporting and a single source of truth via SAP Fiori apps, SAP HANA Live, and the Universal Journal.
- Simple Finance Brings many data sources from inside and outside the business into the SAP S4 HANA platform for real insight.
- The new SAP S4 HANA Finance Builds business rules in the platform, including embedded analytics, to create new optimized and innovative business processes.
- It optimizes and simplifies the business model ( embedded SAP BPC for SAP S/4 HANA Finance ) including the removal of unnecessary steps and batch processing
- The Simple Finance model uses a simplified user interface (UI) via SAP Fiori to provide real-time insights.
SAP HANA Finance Milestones
- SAP S/4 HANA represents the next generation and the latest evolution of SAP’s core application platforms.
- It is designed and engineered to exploit the in-memory capabilities of the SAP HANA database.
- SAP S/4 HANA is revolutionary. As it adds transaction simplicity, advanced analytics, innovation and enhancement of functionality compared to traditional SAP ERP.
- Furthermore, it provides a new data model by removing old tables and delivering a single source of truth.
- The New SAP Simple Finance is designed with the SAP Fiori i.e. integrated user experience. Noteworthy, Fiori helps to provide users with instant insight and works on any mobile device.
- Likewise, it offers real-time operational analytics on the SAP ERP platform. Thus, reducing the data latency of SAP Business Warehouse (BW) reporting.
- While SAP HANA enables real-time collaboration to the Internet of things and business networks. Similarly, SAP S/4 HANA enables real-time collaboration (machine to machine via SAP Ariba Network & via Concur etc.).
- Importantly, the SAP S/4 HANA can be deployed using the SAP cloud platform and the DevOps platform for extensions.
SAP S4 HANA Finance Training - Course Content
SAP S/4HANA Finance Case Studies
Case Study 1
Understanding the new S4 HANA System, Deployment, System Landscape
Case Study 2
Analyze provided customer requirements and transfer them to a Business Concept
Case Study 3
Maintain Enterprise Structure – End to End
Case Study 4
Implement and realize business processes in General Ledger Accounting
Case Study 5
Implement and realize business processes in Overhead Management Accounting
Case Study 6
Implement and realize business processes in Accounts payable
Pre-requisite – FI-MM Integration
Case Study 7
Implement and realize business processes in Accounts Receivable
Pre-requisite: FI-SD Integration
Case Study 8
Implement and realize business processes in Bank Accounting
Case Study 9
New Asset Accounting
Case Study 10
Implement and realize business processes in Product Costing & Material Ledger
Case Study 11
Margin Analysis (Profitability Analysis)
Case Study 12
Migration & Central Finance
Syllabus Units
Internal Topics for the S4 HANA Finance Project
WEEK-1
Unit-1 – Introduction to SAP S/4HANA Finance
- SAP ECC VS SAP HANA VS S4 HANA
Unit-2 – SAP Organization Structure
- Company
- Company Code
- Business Area
- Profit Centers
- Plant
- Purchase Organisation
- Sales Organisation
- Shipping Point
- Define Chart of Accounts & Assign to Company Code
Unit-3 – SAP Financial Accounting Global Settings
- Define Fiscal Year Variant, Short-end fiscal year
- Assignment of fiscal year variant to company code
- Define Posting Period Variant
- Assignment of posting period variant to company code
- Open and close the FI posting period
- Define document type & number range
- Maintain Field Status Variant
- Assignment of field status variant to company code
- Define User Tolerance
- Define Customer/Vendor Tolerance
- Define GL Tolerance
WEEK-2
Unit-4 – General Controlling
- Organisation structure in Controlling
- Controlling Area- Version
- CO Number Range
Unit-5 – New General Ledger Accounting in SAP Finance
- Introduction to New GL Accounting
- Leading Ledgers
- Non Leading ledgers
- Parallel Accounting
- Document Splitting
- Parallel Currencies
- Foreign Currency Valuation Configuration
- Business Process for General Ledger
- General Ledger Master
- Ledger Level Postings
- Document Postings
- Tables and Reports in General Ledger
Unit-6 – Cost Center Accounting
- Master Data
- Activity Types
- Statistical Key Figures
- Cost Center Categories
- Posting with Cost Object-Cost Center
- Period End Closing Activities
- Reposting of Cost from Cost Center to Cost Center
- Distribution Method
- Period End Reposting
- Assessment Allocation
- Activity Allocation
Unit-7 – Internal Order Accounting
- Internal Order Types
- Internal Order Master Data
- Cost Posting with Internal Order
- Period End Closing Activities
- Settlement Profile
- Allocation Structure
- Maintain Settlement Rule
- Execute Settlement
WEEK – 3 – 4 – 5
Unit-8
MM Configuration
- Material Type Configuration
- Pricing Procedure or Calculation Scema Configuration
- Document Types and Number Ranges for Purchasing Documents-Configuration
- Item Category in Procurement Process-Configuration
- Purchase Order Configuration
- Creation of Purchase Order with reference PRQ-User
- Movement Type-Configuration
- Goods Receipt & Goods Issue Configuration
- Creation of Goods Receipt-User
- Display Inventory Value in Material Master-End User
- Logistic Invoice Verification-Configuration
- Configure Supplier-Specific Tolerance & Invoice Blocking-Configuration
- Creation of Logistics Invoice Verification-End User
Integration of FI Material Management (P2P Cycle)
- FI-MM Integration Settings (OBYC Settings)
- Business Partner Configuration
- Material Ledger Activation
- Material Master Creation
- Purchase Order Creation
- Goods Receipt Note – Accounting Analysis
- Purchase Price Variance Analysis
- Vendor Invoice – Accounting Analysis
- Vendor Payment
Unit-9
SD Configuration
Integration of SAP FI Sales & Distribution (O2C Cycle)
- Business Process Accounts Receivables
- Sales Cycle
- Sales Order
- Business Partner- Customer
- Outbound Delivery- Accounts Analysis
- Sales Invoice- Accounts Analysis
- Collection
- Advance Receipt
FSCM- Credit Management
Unit-10 – Bank Accounting
- House Bank
- Cheque Deposits
- EBS-Electronic Bank Reconciliation and Execution MT940
- Cash Journal
WEEK-6
Unit-11 – New Asset Accounting
- Define Chart of Depreciation, Depreciation areas
- Define Account Determination
- Define Screen Layout Rules
- Integration with General Ledger & Posting Rules
- Depreciation key
- Define Multilevel methods
- Define Period Control Method
- Business Process-Asset Accounting
- Asset Master
- All types of Asset Acquisition
- Sale of Asset
- Asset Under Construction
- Capitalisation of AUC
- Settlement of AUC
- Depreciation posting
WEEK 7-8-9
Product Costing & Material Ledger
Unit-12 – Product Cost Planning
- Costing Variant for Standard Cost Estimate
- Valuation Variant
- Costing Type
- Quantity Structure Control
- Settings Required from MM & PP
- Automatic Account Assignment
- Maintain Master Data for Standard Cost Estimate
- BOM Creation
- Work Center Creation
- Routing Creation
- Maintain Quantity Structure
- Run standard Cost Estimate
- Price Update- Mark & Release
Unit-13
Cost Object Controlling- Product Cost by Order- Make to Stock
- Creation of Production Order
- Production Order confirmation
- Simultaneous costing
- Actual Costing
- Result Analysis -WIP Calculation
- Variance Calculation
- Variance Splitting
WEEK-10
Unit-14 – Margin Analysis (CO-PA)
- Overview of Profitability Analysis
Account-Based COPA VS Costing-Based COPA - Profitability Analysis Vs. Profit Center Accounting
- Marginal Analysis
- Data Flow to COPA from Sales Cycle
- Data flow to COPA from Order Settlement
WEEK-11
Unit- 15- Migration from ECC to S4 HANA Finance – Brown Field Implementation
- Migration of Cost Elements
- Check Consistency of G/L Accounts and Cost Elements
- Migrate Secondary Cost Elements to the Chart of Accounts
- Migrate Default Account Assignments
- Material Ledger Migration
- Material Ledger Master Data Migration
- Check Material Ledger Production Order and Purchase Order
- Migration of Line Items into New Data Structure
- Migrate Accounting Documents to Universal Journal
- Migration of Balances
- Calculation of Depreciation and Total Values
- Migrate General Ledger Allocations
- Migrate House Bank Accounts
- Complete Migration
- Post Migration Activities
Miscellaneous Topics
- Migration Cockpit-LTMC
- UAT, GAP Analysis, Interview Discussion
- Financial Closing
- Resume Building
- Interview Discussion
- Certification Discussion
SAP S4 HANA Finance Online Training Course Pre-Requisites
- Basic knowledge of SAP FI & CO
- SAP FICO level configuration knowledge
- Basic knowledge of Financial Accounting and Management Accounting.
- Adequate knowledge of a few basic concepts of Accounting like General Ledger Accounting, Accounts Receivables, Accounts Payable, etc.
Who should attend SAP S4 HANA Simple Finance Online Training
- SAP S4 HANA Finance Associate level consultants
- SAP FICO Consultants with implementation experience
- Support Consultants
FAQ's
General FAQ
Difference between SAP FICO Training & S4 HANA Finance Training?
SAP FICO was based on old ECC Technology, which has now been updated with S/4HANA Technology by SAP company. This is a cloud-based technology and all SAP implementations are now been done on this new technology itself. So it is really important to learn SAP Finance implementation based on S4 HANA as this is the future of SAP ERP system implementations.
Do you provide certification?
No. We do not provide any certification. We are not SAP Authorised Partners. We only share our knowledge.
Do you provide job assistance?
No, we do not provide direct job assistance. But we equip you with the skills which are in most demand by employers. Our training quality is unmatched in the industry. After this training, you would be able to grab the desired job for yourself.
What is SAP S/4HANA Finance?
SAP S/4HANA Finance, earlier known as SAP Simple Finance is a standard product for SAP ERP. Its growing solutions for Financial Management & Accounting, are highly demanded by top financial organizations worldwide.
S4 HANA 2022 is the latest version of the S4HANA series, launched after S/4HANA 2021. Even the prior versions are still working on many business processes.
It is one of the most important modules of SAP used by top financial companies all over the world where you learn important functionalities such as SAP ERP systems, develop and manage HANA Data Base and understand HANA analytics & cloud solutions.
SAP S4 HANA Finance creates financial and operational data for any organization. It also helps to automate the process and evaluates all financial implications with real-time analytics and predictions, therefore, it helps businesses run professionally in a digital economy.
Training FAQ
How the training is conducted?
We conduct classes on premium training software which offers lots of user-friendly features. The tools in that software will assist you to get connected with the trainer in the most convenient manner.
I am new to Online Training. It is as comfortable as classroom training?
We use top quality paid training software that has premium tools and features. With these features, you get constantly connected live with your trainer and other participants. This makes online training even better and comfortable, as you can attend the training being at your own location without wasting time on travelling.
You will be privileged to get trained from the best faculty across the globe which would otherwise not possible in the classroom training.
What is the course Fee?
Our course fee is remarkably low. Please fill the enquiry form. You will get all details in your mailbox.
What if I miss a class?
Don’t worry. After each class, we share the class recordings with you. You can watch it as per your comfort and time.
What if after finishing the full training I have some doubt on some topic?
You can E-mail your query to the support Email-ID which we would share with you. It would help to resolve your question related to your training subject.
Do you provide a demo?
We conduct 1st day of each batch as an Induction session, where the trainer shares the Calender about the full program. He also gives you a presentation of new features about the application on the basis of recently completed batch customization. This will help you to make the decision about the course.
Does all the batches taken and conducted by Pradeep Hota, or some other trainer?
All batches for S4 HANA Finance, Controlling and Central Finance are run by Pradeep Hota himself. He conducts complete live sessions for all batches.
What additional benefits would I get with this training?
Mocks tests, E-books with quality content, access to Class recordings & many more.
What are the benefits of doing SAP S4 HANA Finance training?
Skillstek delivers practical-oriented training which enables you to work as an SAP S4HANA Finance consultant. Since SAP consultants are most in-demand, you can beg a decent job in this domain. You can confidently work for SAP S/4HANA Finance and Controlling projects. With good practice and continuous efforts, you can successfully work on implementation projects.
What type of job I will get after doing SAP S4HANA Finance Training?
You would be able to get a job as SAP S/4HANA Finance consultant on-site or as an SAP S/4HANA Finance Support consultant. However, it depends on your prior experience too.
Students Review
SAP Simple Finance Training in India
In India, there are many online and classroom institutes, which provide SAP Finance training. For classroom training, many people prefer to search for SAP S4 HANA Finance Training in big cities like Hyderabad, Bangalore, Delhi, Mumbai, Noida, Pune Gurgaon, Chennai, Kolkata, etc. Though, the attractive ambience of the classroom may give you a good feeling, don’t forget that your main aim is to get the Best Training on S4 HANA Finance.
Thus, in this context, choosing the Online training mode is still a widely accepted option for many aspirants as it gives more flexibility and more options to choose from. This is a good decision as it actually helps you to take a much better decision. However, you need to know the major factors you should consider to choose the best online institute or trainer for your training.
Not just this, in the current changing time, online is the new way of education worldwide. So you too should adapt to this new method and get the best of it.
Your focus should primarily be on the trainer’s skills and ability and his/her quality of the training. Secondarily, it should be the commitments, timeliness, and punctuality of the class schedules. Other important factors are training fees, offline practice support, study materials, training videos, etc.
So before taking a final decision, one should always look into all these factors. I am sure, if you carefully look into these points, you would never regret your decision and get the expected training.
Where We Serve SAP S/4 HANA Finance Training
- India: Hyderabad, Bangalore, Pune, Mumbai, Chennai, Gurugram, Delhi, Noida, NCR, Bhubaneswar, Kolkata
- USA: Chicago, Fulshear, New York, Austin, Dallas
- UK: England
- Germany: Walldorf, Berlin
- Canada: Montreal, Mississauga, Toronto
- Other Regions: Australia, Vietnam, Singapore
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.