SAP S4 HANA Finance Training
Become an SAP S4 HANA Finance Expert!
Master SAP S4 HANA Finance with Real-World Project Implementation. Seamlessly Integrate Finance, Controlling, MM, SD, and PP Modules!
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09 Mar 2025: 12:00 PM IST
(Weekends)
UK: 09 Mar | 06:30 AM
CET: 09 Mar | 07:30 AM
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SAP S4 HANA Finance Training - Quick Overview
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.
Key Features of the Course
- 100% Practical
- End-to-end implementation
- Complete Configuration – On System
- Real-Time Scenario-based training
- Mock tests
- Configuration Materials
- Doubt-clearing Support
- Career-guidance
Training Details
- Course: SAP S4 HANA Finance & Controlling (Latest Version)
- Course Duration : 80 Hours
- Mode of Training: Online
- Batches: Weekends Only
- Audience Type: SAP End User, SAP FICO Junior Consultants, SAP Business Analysts
♦ 1600+ Trainees
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
Course - Snapshot
- SAP S4 HANA Finance- Introduction
- New Bank Accounting
- New Asset Accounting
- Universal Allocation
- WIP Calculation
- Primary & Secondary Cost Element
- Margin Analysis
- COGS Splitting
- Cost Object Controlling
- Credit Management
SAP S4 HANA Finance Training Video
SAP S4 HANA Finance Training - Course Content
Intro Topics
- Explaining the purpose and functions of SAP HANA and SAP S/4 HANA
- Describing the new Architecture of Accounting
- Explaining the Purpose and Functions of SAP Fiori
SAP S/4 HANA Deployment Options
Phase 1: Project Preparation & Planning (Prepare)
- Understanding SAP Activate Methodology – Phases & Deliverables
- Roles & Responsibilities in an Implementation Project
- Requirement Gathering – AS-IS & TO-BE Business Process Analysis
- Business Process Mapping – Fit-Gap Analysis in S/4HANA
- System Landscape Setup – Development, Quality, Production, Sandbox
Module 1: Financial Accounting (FI) Implementation
Phase 2: Business Blueprint (Explore)
1.1 Organisational Structure Setup in FI
- Define Company Code, Business Area, Profit Centers, and Segments
- Define Financial Statement Versions (FSV)
1.2 General Ledger (FI-GL)
1.2.1 Organizational Structure for General Ledger
- Company Code & Chart of Accounts Setup
- Fiscal Year Variant & Posting Periods (OB52)
- Ledger Concept in SAP S/4HANA – Leading, Non-Leading Ledgers & Extension Ledgers
- Parallel Accounting – Ledger vs. Account Approach
1.2.2 Master Data Configuration in FI-GL
- GL Account Master Data – Primary & Secondary Cost Elements
- GL Account Groups & Number Ranges
- Field Status Configuration for GL Accounts
- Document Splitting & Profit Center Accounting
1.2.3 Financial Transactions & Processing
- Document Posting (FB50, F-02, FBS1)
- Posting Key & Document Types in SAP
- Automatic Account Determination for FI Integration
- Open Item Management & Clearing (F.13)
Configuration & Realization
1.2.4 Ledger Concept & New GL Features
- Define & Configure Leading & Non-Leading Ledgers
- Extension Ledger Setup – Delta Postings & Simulations
- Currency Settings in SAP S/4HANA – Transaction, Group & Local Currency
- Real-Time Integration with Controlling (CO)
1.2.5 Financial Closing & Period-End Processing
- Month-End & Year-End Closing in FI-GL
- Accrual & Deferral Processing (FBS1, F.81)
- Balance Carry Forward & Reconciliation Process
1.2.6 FI-GL Integration with Other Modules
- Integration of FI-GL with AP & AR
- FI-GL Integration with MM & SD for Account Determination
- Real-Time CO Integration for Internal Orders & Cost Centres
- Integration with Asset Accounting (FI-AA)
1.2.7 Document Splitting & Parallel Accounting
- Define & Configure Document Splitting Rules
- Profit Center Accounting & Business Segment Reporting
- IFRS & GAAP Parallel Accounting Setup
Testing, Deployment & Go-Live Preparation
1.2.8 User Acceptance Testing (UAT) & Cutover Activities
- Test Cases for General Ledger Postings & Reconciliations
- Open Item Migration Strategy for GL Balances
- Cutover Planning & Data Migration (LTMC, Migration Cockpit)
1.2.9 SAP Financial Statement & Reporting
- Balance Sheet & Profit & Loss Statement Configuration
- Trial Balance & Ledger Report Customization
- SAP Fiori Apps for Financial Reporting
1.2.10 SAP Fiori & Embedded Analytics for FI-GL
- Fiori Apps for General Ledger Reporting
- Universal Journal & Multi-Dimensional Reporting
- Smart Business KPIs & Drill-down Reports
1.3 Accounts Payable (FI-AP)
1.3.1 Vendor Master Data & Business Partner (BP) Setup
- Vendor Master Configuration – BP Grouping & Number Ranges
- Role Management – FI Vendor, Supplier Role, Customer-Supplier Integration
- Define Vendor Account Groups & Field Status Settings
- One-Time Vendor & Employee Vendor Configuration
1.3.2 Accounts Payable Transactions & Processing
- Vendor Invoice Posting (FB60, MIRO)
- Incoming Invoice Processing (PO & Non-PO Based)
- Down Payments & Prepayments (F-48, F-54)
- Vendor Credit Memos & Reversal Transactions
- Vendor Account Clearing (F.13)
- Special G/L Transactions – Down Payments
1.3.3 Automatic Payment Program (APP – F110) Configuration
- Payment Program Parameters & Proposal Run
- House Bank & Bank Determination for Payments
- Payment Methods Configuration (Check, Bank Transfer,)
- Check Printing & Electronic Payments (DME, Processing)
1.3.4 Tax on Sale /Purchase
- Tax Procedure configuration
- Tax Code settings
1.3.4 Invoice Verification & Three-Way Matching (MM Integration)
- PO-Based Invoice Verification (MIRO)
- GR/IR Clearing Account Reconciliation (F.19)
- Tolerance Limits for Invoice Blocking (PPV Handling)
1.3.5 Integration of FI-AP with MM, SD & CO
- Vendor Account Determination (OBYC) – MM Integration
- Cost Center Assignment for Expenses (FI-CO Integration)
1.3.7 Period-End & Year-End Closing in Accounts Payable
- Open Item Clearing & Reconciliation
- GR/IR Clearing & AP Accrual Posting
- AP Balance Confirmation & Audit Compliance
1.3.8 SAP Fiori & Embedded Analytics for AP
- Fiori Apps for AP Processing (Vendor Invoice Management, Payments)
- Embedded Analytics for Vendor Liabilities & Aging Reports
- Drilldown Reports & Smart Business KPIs
1.4 Accounts Receivable (FI-AR)
1.4.1 Customer Master Data & Business Partner (BP) Setup
- Customer Master Configuration – BP Grouping & Number Ranges
- Role Management – FI Customer, Sold-To Party, Ship-To Party
- Define Customer Account Groups & Field Status Settings
1.4.2 Accounts Receivable Transactions & Processing
- Customer Invoice Posting (FB70, VF01)
- Incoming Payments (F-28, F-32) – Partial, Residual, and Full Payment
- Customer Credit Memos & Reversal Transactions
- Dunning & Collections Process
- Customer Account Clearing (F.13)
- Special G/L Transactions – Down Payments
1.4.3 Customer Payment Processing
- Automatic Incoming Payment Configuration (EBS)
- Configuration of Payment Terms & Cash Discount Management
1.4.4 Dunning & Credit Management in SAP S/4HANA
- Define Dunning Procedures & Dunning Levels
- Dunning Letter Configuration & Execution (F150)
- FSCM Credit Management
1.4.5 FI-AR Integration with SD, CO & MM
- Revenue Account Determination (VKOA) – SD Integration
- Controlling (CO) Integration for Revenue Recognition
1.4.6 User Acceptance Testing (UAT) & Cutover Activities
- Test Cases for Customer Invoicing, Receipts, & Dunning
- Customer Open Items Migration Strategy
- Cutover Planning & Data Migration (LTMC, Migration Cockpit)
1.4.7 Period-End & Year-End Closing in Accounts Receivable
- Open Item Clearing & Reconciliation
- Revenue Accrual Posting & AR Aging Reports
- Customer Balance Confirmation & Audit Compliance
1.4.8 SAP Fiori & Embedded Analytics for AR
- Fiori Apps for AR Processing (Customer Balances, Dispute management)
- Embedded Analytics for AR Aging
1.5 SAP S/4HANA Asset Accounting (FI-AA)
1.5.1 Organizational Structure Setup for FI-AA
- Define Chart of Depreciation & Depreciation Areas
- Define Company Code & Asset Accounting Integration
- Assign Company Code to Chart of Depreciation
1.5.2 Master Data Setup in Asset Accounting
- Asset Classes & Account Determination
- Number Range Configuration for Asset Master Records
- Integration of Asset Master Data with FI, CO, and MM
- Configuration of Screen Layouts & Field Status
- Custom Fields & Enhancements for Asset Master Data
1.5.3 Asset Transactions & Valuation Methods
- Asset Acquisition – Direct & Indirect Acquisitions
- Acquisition via Purchase Order (FI-MM Integration)
- Acquisition via Internal Order (FI-CO Integration)
- Asset Capitalization – AUC to Fixed Asset Conversion
- Asset Retirement – Scrapping, Sale, or Write-Off
1.5.4 Asset Depreciation Configuration
- Define Depreciation Key (Straight Line, Declining Balance, etc.)
- Configure Multi-Level Depreciation Methods
- Period Control Methods (Half Year, Full Year, Pro-Rata)
- Depreciation Posting Run – Periodic & Year-End Closing
1.5.5 Asset Accounting Integration
- FI-AA Integration with General Ledger (GL)
- FI-AA Integration with CO (Cost Center & Internal Orders)
- FI-AA Integration with MM (Purchase Order & Goods Receipt)
- FI-AA Integration with SD (Asset Sale & Revenue Recognition)
1.5.6 Asset Under Construction (AUC)
- Define AUC Asset Classes & Number Ranges
- AUC Settlement Rules & Periodic Capitalization
- Integration of AUC with Internal Orders
1.5.7 Asset Data Migration Strategy
- Master Data & Transactional Data Migration (LTMC, Migration Cockpit)
- Open Balances Migration & Asset Reconciliation
1.5.8 User Acceptance Testing (UAT) & Cutover Activities
- Unit Testing, Integration Testing & Regression Testing
- Month-End & Year-End Closing – Asset Accounting Perspective
- Cutover Strategy & Go-Live Checklist
1.5.9 Asset Reporting & Analysis
- Asset Explorer (AW01N) & Asset History Sheet
- Balance Sheet Reporting for Asset Accounting
- SAP Fiori Apps for Asset Reporting
1.6 Bank Accounting
- House Banks & Bank Reconciliation ( EBS )
Module 2: Controlling (CO) Implementation
2.1.1 Organizational Structure for Cost Center Accounting
- Controlling Area & Company Code Assignment
- Cost Center Hierarchy – Standard vs. Custom Hierarchies
- Functional Area, Profit Center & Business Area Setup
- Integration with Finance (FI) & Other Controlling (CO) Components
2.1.2 Cost Center Master Data & Configuration
- Define Cost Centers & Cost Center Groups
- Standard Hierarchy Configuration
- Cost Center Categories & Field Status Settings
2.1.3 Cost Element Accounting & Integration with FI-GL
- Primary vs. Secondary Cost Elements – Mapping with GL Accounts
- Cost Element Category & Automatic Creation from GL Master
- Relationship Between Cost Elements & Cost Centers
Hierarchy
2.1.4 Cost Allocation Methods in CCA
- Direct vs. Indirect Cost Allocation
- Distribution (KSV5) vs. Assessment (KSU5)
- Cycles & Segments Configuration for Periodic Cost Allocations
- Activity Type & Statistical Key Figures Setup
2.1.5 Actual Cost Postings & Period-End Processing
- FI-CO Integration for Real-Time Postings
- Actual Cost Allocation & Periodic Settlement
- Internal Order Settlement to Cost Centers (KO88)
- Reconciliation with FI-GL
2.1.6 FI-CO Integration & Reporting
- Cost Center Reporting in SAP Fiori & SAP GUI
- Integration with Profit Center Accounting (PCA), Product Costing (PC)
- Multi-Dimensional Reporting with Universal Journal (ACDOCA)
2.1.7 Month-End & Year-End Closing in CCA
- Periodic Allocations & Closing Activities
- Cost Center Variance Analysis & Corrective Postings
- Audit Compliance & Reporting
2.1.8 SAP Fiori & Embedded Analytics for CCA
- Fiori Apps for Cost Center Reporting & Planning
- Embedded Analytics & Smart Business KPIs
- Drill-down Reports for Cost Analysis
2.2 Internal Orders
2.2.1 Organizational Structure for Internal Orders
- Controlling Area & Company Code Assignment
- Cost Center & Profit Center Integration with Internal Orders
- Internal Order Types & Number Range Assignments
2.2.2 Internal Order Master Data & Configuration
- Defining Internal Orders & Order Groups
- Statistical vs. Real Internal Orders
- Order Category Configuration – Investment, Overhead, Accrual, Revenue Orders
- Integration with Cost Center Accounting (CCA) & FI-GL
2.2.3 Cost Posting & Settlement in Internal Orders
- Direct Cost Posting to Internal Orders (FB50, KB11N)
- Internal Order Allocations – Distribution & Assessment
- Period-End Processing & Settlement Rules Configuration
- Internal Order Settlement to Cost Centers, GL, Fixed Assets (KO88)
2.2.4 Actual vs. Plan Cost Analysis
- Variance Analysis & Corrective Postings
- Commitment Management in Internal Orders
- Integration with Profitability Analysis (CO-PA)
2.2.5 FI-CO Integration & Internal Order Reporting
- Integration of Internal Orders with MM, SD & FI-AP
- Custom Reporting in SAP GUI & SAP Fiori
- Drill-down Reports using SAP S/4HANA Embedded Analytics
2.2.6 Period-End & Year-End Closing in CO-IO
- Periodic Settlement & Final Order Closure
- Order Balance Carry Forward & Reporting
- Audit Compliance & Financial Reconciliation
2.3 Product Costing (CO-PC)
Business Process Explanation
2.3.1 Organizational Structure for Product Costing & Material Ledger
- Controlling Area & Company Code Assignment
- Cost Object Controlling – Cost Centers, Production Orders
- Material Ledger Activation & Configuration in S/4HANA
Business Process Configuration
2.3.2 Master Data Setup for Product Costing
- Material Master Configuration – Costing View & Accounting View
- Cost Elements & Cost Component Structure
- Work Centers, Bill of Materials (BOM), and Routing Setup
- Activity Types & Cost Center Planning for Costing
2.3.3 Product Cost Planning (CO-PC-PCP)
- Standard Cost Estimation & Cost Rollup (CK11N, CK40N)
- Quantity Structure vs. Value Structure in Costing
- Cost Component Split & Costing Sheet Configuration
- Marking & Releasing Standard Cost Estimates
2.3.4 Cost Object Controlling (CO-PC-OBJ)
- Make-to-Stock (MTS) vs. Make-to-Order (MTO) Costing
- Product Cost by Order (Production Orders)
- Product Cost by Period (Process Orders)
- Cost Object Hierarchy & Reporting
2.3.5 Work in Progress (WIP) & Variance Calculation
- Period-End Processing for Production Orders
- WIP Calculation & Settlement (KKAO, CO88)
- Variance Analysis – Production, Scrap, Input Price Variance
- Settlement of Variances to FI-GL & CO-PA
2.3.6 Actual Costing & Material Ledger (CO-PC-ACT & ML)
- Concept of Material Ledger in SAP S/4HANA
- Configuration of Material Ledger & Activation Steps
- Actual Costing & Periodic Costing Run (CKMLCP)
- Multi-Level Price Determination & Actual Costing Cockpit
2.3.7 FI-CO Integration & Reporting
- Integration of Product Costing with FI, MM, and SD
- Custom Reporting in SAP GUI & SAP Fiori
- Multi-Dimensional Reporting with Universal Journal (ACDOCA)
Testing & Reporting Analysis of Product Costing
2.3.8 Month-End & Year-End Closing in CO-PC & ML
- Periodic Settlement & Cost Adjustments
- Cost Component Analysis for Profitability Reports
- Reconciliation & Audit Compliance
2.3.9 SAP Fiori & Embedded Analytics for CO-PC & ML
- Fiori Apps for Product Costing & Material Ledger Reporting
- SAP Analytics Cloud Integration for Cost Analysis
- KPI-Based Cost Tracking in S/4HANA
2.4 Profitability Analysis (CO-PA)
Business Process Explanation
2.4.1 Organizational Structure & Types of CO-PA
- Account-Based CO-PA vs. Costing-Based CO-PA (Key Differences)
- Choosing the Right CO-PA Type in S/4HANA
- Integration with FI, MM, SD, PP & Other SAP Modules
2.4.2 Master Data Setup for CO-PA
- Characteristics (Customer, Product, Region, Sales Org, etc.)
- Value Fields vs. Account-Based Mapping
- Derivation Rules & Characteristic Value Derivation
2.4.2 Revenue & Cost Flow in CO-PA
- Data Flow from SD (Billing), FI (GL), MM (Material Movements)
- Integration with Product Costing (CO-PC)
- Direct Posting from FI & MM Transactions
Business Process Configuration
2.4.3 Operating Concern Configuration
- Defining Operating Concern & CO-PA Configuration
- Assigning Characteristics & Value Fields
- Maintaining Operating Concern Currency & Versioning
2.4.4 Data Flow & Settlement in CO-PA
- Revenue Flow from Billing Document to CO-PA
- Cost Flow from Material Ledger & Cost Centers
- Settlement of Production Variances, Overheads & Orders
2.4.5 Profitability Analysis & Reporting
- Profitability Segment Definition & Reporting Structures
- Real-Time CO-PA Reporting in Universal Journal
- COPA Reporting using SAP Fiori & Embedded Analytics
2.4.6 FI-CO Integration & Advanced Reporting
- COGS Splitting
- Predictive Analysis for Profitability Forecasting
Testing & Reporting Analysis of Profitability Analysis
2.4.7 Month-End & Year-End Closing in CO-PA
- Periodic Allocation & Assessment Cycles
- Profitability Analysis & Reporting for Management
- Reconciliation & Audit Compliance
2.4.8 SAP Fiori & Embedded Analytics for CO-PA
- Fiori Apps for Profitability Analysis & Drill-down Reports
- SAP Analytics Cloud Integration for CO-PA Reporting
Module 3: Materials Management (MM) Implementation
3.1 Organizational Structure in MM
- Define Plant, Storage Location & Purchase Organization
3.2 Master Data Configuration
- Material Master, Vendor Master & Purchasing Info Records
3.3 Procurement Process
- Procure-to-Pay (P2P) Lifecycle
- Purchase Requisition & Purchase Order
- Release Strategy & Approval Workflow
- Automatic Account Determination
3.4 Inventory Management
- Goods Receipt (GR) & Goods Issue (GI)
- Movement Types & Stock Transfers
3.5 Invoice Verification & LIV
- Logistics Invoice Verification (LIV) Process
- Three-Way Matching (PO-GR-IV)
3.6 MM Integration with FI & CO
- GR/IR Clearing & Account Determination
Module 4: Sales & Distribution (SD) Implementation
4.1 Organizational Structure in SD
- Define Sales Organization, Distribution Channel & Division
4.2 Master Data Setup
- Customer Master & Business Partner Concept
- Material Master, Pricing Conditions & Credit Management
4.3 Order-to-Cash (O2C) Business Process
- Sales Order Processing – Standard & Special Orders
- Pricing Procedure – Condition Types, Access Sequences
- Credit Management – Risk Categories & Credit Limits
- Delivery & Goods Issue – Picking, Packing & Shipping
4.4 Billing & Revenue Recognition
- Invoice Generation & Posting to FI
4.5 SD-FI & SD-CO Integration
- Revenue Account Determination
- Integration with CO-PA for Profitability Analysis
Module 5: Production Planning (PP) Implementation
5.1 Organizational Structure in PP
- Define Plant, Work Centres & Production Versions
5.2 Master Data Setup
- Material Master (BOM), Routing & Work Centres
- Production Versions & Recipe Management
5.4 Production Execution
- Discrete & Process Manufacturing
- Order Confirmation & Variance Analysis
5.5 Integration with MM, FI, CO
- Material Consumption Posting
- Production Costing & Variance Calculation
Phase 3: Realization – System Build & Testing
6.1 User Acceptance Testing (UAT) & Training
- Unit Testing, Integration Testing & Regression Testing
- SAP Fiori Role-Based Access & Security Setup
Phase 4: Deployment (Go-Live & Support)
7.1 Cutover Strategy & Go-Live
- Master Data & Transactional Data Migration
- Hyper-care & Post-Go-Live Support
7.2 Month-End & Year-End Closing
- FI & CO Period-End Closing
- GR/IR Clearing & Financial Reporting
SAP ECC to S/4HANA Conversion
Phase 1: System Readiness & Simplification Item Analysis
1.1 SAP Readiness Check & Compatibility Analysis
- Running SAP Readiness Check Tool
- Identifying Business Function Changes & Add-On Compatibility
- Checking Custom Code Impact Analysis (ATC – ABAP Test Cockpit)
- Understanding Simplification Items in Finance, Logistics, and Controlling
1.2 Business Partner (BP) Concept – Mandatory Change
- Customer & Vendor Master Data Migration to Business Partner (BP)
- Configuration & Synchronization of BP Roles, Grouping, & Number Ranges
1.3 Universal Journal (ACDOCA) & Ledger Impact Analysis
- Concept of Universal Journal (ACDOCA) in S/4HANA
- Changes in General Ledger (FI-GL), AP, AR, Asset Accounting (FI-AA)
- Impact of Leading & Non-Leading Ledgers
- Migration from Classic GL to New GL (if required)
Phase 3: System Conversion – Finance & Controlling
2.1 General Ledger (FI-GL) & Financial Accounting Changes
- New Features in SAP S/4HANA GL (e.g., Parallel Ledgers, Document Splitting)
- Configuring Extension Ledger & Predictive Ledger
- Conversion of Existing GL to Universal Journal
2.2 Accounts Payable (FI-AP) & Accounts Receivable (FI-AR) Changes
- Vendor/Customer Merge into BP (Business Partner)
- Invoice Management & Open Item Handling in Conversion
- Payment Processing & Integration with FSCM
2.3 Asset Accounting (FI-AA) Changes
- New Asset Accounting (FAA) in S/4HANA – Key Changes
- Changes in Depreciation Calculation & Ledger Integration
- Fixed Asset Data Migration & Conversion
2.4 Controlling (CO) Changes in S/4HANA
- Changes in Cost Center Accounting, Internal Orders, & Profit Centers
- Material Ledger Activation (Mandatory in S/4HANA)
- Impact of Universal Allocation in CO-OM
2.5 Profitability Analysis (CO-PA) Conversion
- Migration from Costing-Based to Account-Based CO-PA
- Real-Time CO-PA Integration with Universal Journal
- Changes in Reporting for Profitability Segments
SAP S/4HANA Central Finance (CFIN)
Phase 1: Introduction to SAP Central Finance (CFIN)
- Overview of SAP Central Finance – Concept & Architecture
- Key Business Scenarios for Central Finance
- Differences Between Central Finance & Traditional S/4HANA migration
- Benefits of Central Finance in a Multi-System Landscape
- Key Components of SAP Central Finance
Phase 2: System Architecture & Technical Setup
1.1 SAP Central Finance System Landscape
- Source System vs. Target System Architecture
- Supported SAP & Non-SAP Source Systems
- Data Flow in Central Finance – SLT, AIF, & Replication Process
- Understanding the Universal Journal (ACDOCA) in CFIN
- 1.2 Key Configuration in Central Finance System
- Activation of Central Finance in S/4HANA
- Mapping Entities – Company Codes, GL Accounts, Cost Centers, Profit Centers
- Configuration of Central Payment & Replication Settings
Phase 3: Data Replication & SLT Configuration
2.1 SAP Landscape Transformation (SLT) for CFIN
- Overview of SAP SLT Replication Server
- Setting Up SLT for Central Finance
- Replication of Master Data & Transactional Data
- Real-Time Data Replication & Error Handling
2.2 Key Mapping & Data Transformation in CFIN
- Mapping of Company Codes, Profit Centers, Cost Centers, Business Partners
- GL Account & Document Type Mapping
- Handling of Document Splitting & Line-Item Details
Phase 4: Central Finance Process Execution
3.1 FI Document Replication & Posting Logic
- Real-Time Document Replication from Source to Central Finance
- Managing FI Document Flow & Reconciliation
- Handling Financial Document Adjustments in CFIN
3.2 CO Document Replication & CO-PA Integration
- Replication of Cost Centers, Internal Orders & Profitability Analysis (CO-PA)
- Understanding Universal Allocation in Central Finance
Reporting, Analytics & Reconciliation
- FI-CO Reconciliation Between Source & Central Finance
- Troubleshooting & Error Handling in SLT & AIF
- Period-End & Year-End Closing in Central Finance
Post-Go-Live Support & Optimization
- Performance Tuning for SLT & AIF
- Monitoring Data Latency & Optimization Strategies
- Advanced Features in Central Finance – Future Roadmap
Intro Topics
- Explaining the purpose and functions of SAP HANA and SAP S/4 HANA
- Describing the new Architecture of Accounting
- Explaining the Purpose and Functions of SAP Fiori
SAP S/4 HANA Deployment Options
Phase 1: Project Preparation & Planning (Prepare)
- Understanding SAP Activate Methodology – Phases & Deliverables
- Roles & Responsibilities in an Implementation Project
- Requirement Gathering – AS-IS & TO-BE Business Process Analysis
- Business Process Mapping – Fit-Gap Analysis in S/4HANA
- System Landscape Setup – Development, Quality, Production, Sandbox
Module 1: Financial Accounting (FI) Implementation
Phase 2: Business Blueprint (Explore)
1.1 Organisational Structure Setup in FI
- Define Company Code, Business Area, Profit Centers, and Segments
- Define Financial Statement Versions (FSV)
1.2 General Ledger (FI-GL)
1.2.1 Organizational Structure for General Ledger
- Company Code & Chart of Accounts Setup
- Fiscal Year Variant & Posting Periods (OB52)
- Ledger Concept in SAP S/4HANA – Leading, Non-Leading Ledgers & Extension Ledgers
- Parallel Accounting – Ledger vs. Account Approach
1.2.2 Master Data Configuration in FI-GL
- GL Account Master Data – Primary & Secondary Cost Elements
- GL Account Groups & Number Ranges
- Field Status Configuration for GL Accounts
- Document Splitting & Profit Center Accounting
1.2.3 Financial Transactions & Processing
- Document Posting (FB50, F-02, FBS1)
- Posting Key & Document Types in SAP
- Automatic Account Determination for FI Integration
- Open Item Management & Clearing (F.13)
Configuration & Realization
1.2.4 Ledger Concept & New GL Features
- Define & Configure Leading & Non-Leading Ledgers
- Extension Ledger Setup – Delta Postings & Simulations
- Currency Settings in SAP S/4HANA – Transaction, Group & Local Currency
- Real-Time Integration with Controlling (CO)
1.2.5 Financial Closing & Period-End Processing
- Month-End & Year-End Closing in FI-GL
- Accrual & Deferral Processing (FBS1, F.81)
- Balance Carry Forward & Reconciliation Process
1.2.6 FI-GL Integration with Other Modules
- Integration of FI-GL with AP & AR
- FI-GL Integration with MM & SD for Account Determination
- Real-Time CO Integration for Internal Orders & Cost Centres
- Integration with Asset Accounting (FI-AA)
1.2.7 Document Splitting & Parallel Accounting
- Define & Configure Document Splitting Rules
- Profit Center Accounting & Business Segment Reporting
- IFRS & GAAP Parallel Accounting Setup
Testing, Deployment & Go-Live Preparation
1.2.8 User Acceptance Testing (UAT) & Cutover Activities
- Test Cases for General Ledger Postings & Reconciliations
- Open Item Migration Strategy for GL Balances
- Cutover Planning & Data Migration (LTMC, Migration Cockpit)
1.2.9 SAP Financial Statement & Reporting
- Balance Sheet & Profit & Loss Statement Configuration
- Trial Balance & Ledger Report Customization
- SAP Fiori Apps for Financial Reporting
1.2.10 SAP Fiori & Embedded Analytics for FI-GL
- Fiori Apps for General Ledger Reporting
- Universal Journal & Multi-Dimensional Reporting
- Smart Business KPIs & Drill-down Reports
1.3 Accounts Payable (FI-AP)
1.3.1 Vendor Master Data & Business Partner (BP) Setup
- Vendor Master Configuration – BP Grouping & Number Ranges
- Role Management – FI Vendor, Supplier Role, Customer-Supplier Integration
- Define Vendor Account Groups & Field Status Settings
- One-Time Vendor & Employee Vendor Configuration
1.3.2 Accounts Payable Transactions & Processing
- Vendor Invoice Posting (FB60, MIRO)
- Incoming Invoice Processing (PO & Non-PO Based)
- Down Payments & Prepayments (F-48, F-54)
- Vendor Credit Memos & Reversal Transactions
- Vendor Account Clearing (F.13)
- Special G/L Transactions – Down Payments
1.3.3 Automatic Payment Program (APP – F110) Configuration
- Payment Program Parameters & Proposal Run
- House Bank & Bank Determination for Payments
- Payment Methods Configuration (Check, Bank Transfer,)
- Check Printing & Electronic Payments (DME, Processing)
1.3.4 Tax on Sale /Purchase
- Tax Procedure configuration
- Tax Code settings
1.3.4 Invoice Verification & Three-Way Matching (MM Integration)
- PO-Based Invoice Verification (MIRO)
- GR/IR Clearing Account Reconciliation (F.19)
- Tolerance Limits for Invoice Blocking (PPV Handling)
1.3.5 Integration of FI-AP with MM, SD & CO
- Vendor Account Determination (OBYC) – MM Integration
- Cost Center Assignment for Expenses (FI-CO Integration)
1.3.7 Period-End & Year-End Closing in Accounts Payable
- Open Item Clearing & Reconciliation
- GR/IR Clearing & AP Accrual Posting
- AP Balance Confirmation & Audit Compliance
1.3.8 SAP Fiori & Embedded Analytics for AP
- Fiori Apps for AP Processing (Vendor Invoice Management, Payments)
- Embedded Analytics for Vendor Liabilities & Aging Reports
- Drilldown Reports & Smart Business KPIs
1.4 Accounts Receivable (FI-AR)
1.4.1 Customer Master Data & Business Partner (BP) Setup
- Customer Master Configuration – BP Grouping & Number Ranges
- Role Management – FI Customer, Sold-To Party, Ship-To Party
- Define Customer Account Groups & Field Status Settings
1.4.2 Accounts Receivable Transactions & Processing
- Customer Invoice Posting (FB70, VF01)
- Incoming Payments (F-28, F-32) – Partial, Residual, and Full Payment
- Customer Credit Memos & Reversal Transactions
- Dunning & Collections Process
- Customer Account Clearing (F.13)
- Special G/L Transactions – Down Payments
1.4.3 Customer Payment Processing
- Automatic Incoming Payment Configuration (EBS)
- Configuration of Payment Terms & Cash Discount Management
1.4.4 Dunning & Credit Management in SAP S/4HANA
- Define Dunning Procedures & Dunning Levels
- Dunning Letter Configuration & Execution (F150)
- FSCM Credit Management
1.4.5 FI-AR Integration with SD, CO & MM
- Revenue Account Determination (VKOA) – SD Integration
- Controlling (CO) Integration for Revenue Recognition
1.4.6 User Acceptance Testing (UAT) & Cutover Activities
- Test Cases for Customer Invoicing, Receipts, & Dunning
- Customer Open Items Migration Strategy
- Cutover Planning & Data Migration (LTMC, Migration Cockpit)
1.4.7 Period-End & Year-End Closing in Accounts Receivable
- Open Item Clearing & Reconciliation
- Revenue Accrual Posting & AR Aging Reports
- Customer Balance Confirmation & Audit Compliance
1.4.8 SAP Fiori & Embedded Analytics for AR
- Fiori Apps for AR Processing (Customer Balances, Dispute management)
- Embedded Analytics for AR Aging
1.5 SAP S/4HANA Asset Accounting (FI-AA)
1.5.1 Organizational Structure Setup for FI-AA
- Define Chart of Depreciation & Depreciation Areas
- Define Company Code & Asset Accounting Integration
- Assign Company Code to Chart of Depreciation
1.5.2 Master Data Setup in Asset Accounting
- Asset Classes & Account Determination
- Number Range Configuration for Asset Master Records
- Integration of Asset Master Data with FI, CO, and MM
- Configuration of Screen Layouts & Field Status
- Custom Fields & Enhancements for Asset Master Data
1.5.3 Asset Transactions & Valuation Methods
- Asset Acquisition – Direct & Indirect Acquisitions
- Acquisition via Purchase Order (FI-MM Integration)
- Acquisition via Internal Order (FI-CO Integration)
- Asset Capitalization – AUC to Fixed Asset Conversion
- Asset Retirement – Scrapping, Sale, or Write-Off
1.5.4 Asset Depreciation Configuration
- Define Depreciation Key (Straight Line, Declining Balance, etc.)
- Configure Multi-Level Depreciation Methods
- Period Control Methods (Half Year, Full Year, Pro-Rata)
- Depreciation Posting Run – Periodic & Year-End Closing
1.5.5 Asset Accounting Integration
- FI-AA Integration with General Ledger (GL)
- FI-AA Integration with CO (Cost Center & Internal Orders)
- FI-AA Integration with MM (Purchase Order & Goods Receipt)
- FI-AA Integration with SD (Asset Sale & Revenue Recognition)
1.5.6 Asset Under Construction (AUC)
- Define AUC Asset Classes & Number Ranges
- AUC Settlement Rules & Periodic Capitalization
- Integration of AUC with Internal Orders
1.5.7 Asset Data Migration Strategy
- Master Data & Transactional Data Migration (LTMC, Migration Cockpit)
- Open Balances Migration & Asset Reconciliation
1.5.8 User Acceptance Testing (UAT) & Cutover Activities
- Unit Testing, Integration Testing & Regression Testing
- Month-End & Year-End Closing – Asset Accounting Perspective
- Cutover Strategy & Go-Live Checklist
1.5.9 Asset Reporting & Analysis
- Asset Explorer (AW01N) & Asset History Sheet
- Balance Sheet Reporting for Asset Accounting
- SAP Fiori Apps for Asset Reporting
1.6 Bank Accounting
- House Banks & Bank Reconciliation ( EBS )
Module 2: Controlling (CO) Implementation
2.1.1 Organizational Structure for Cost Center Accounting
- Controlling Area & Company Code Assignment
- Cost Center Hierarchy – Standard vs. Custom Hierarchies
- Functional Area, Profit Center & Business Area Setup
- Integration with Finance (FI) & Other Controlling (CO) Components
2.1.2 Cost Center Master Data & Configuration
- Define Cost Centers & Cost Center Groups
- Standard Hierarchy Configuration
- Cost Center Categories & Field Status Settings
2.1.3 Cost Element Accounting & Integration with FI-GL
- Primary vs. Secondary Cost Elements – Mapping with GL Accounts
- Cost Element Category & Automatic Creation from GL Master
- Relationship Between Cost Elements & Cost Centers
Hierarchy
2.1.4 Cost Allocation Methods in CCA
- Direct vs. Indirect Cost Allocation
- Distribution (KSV5) vs. Assessment (KSU5)
- Cycles & Segments Configuration for Periodic Cost Allocations
- Activity Type & Statistical Key Figures Setup
2.1.5 Actual Cost Postings & Period-End Processing
- FI-CO Integration for Real-Time Postings
- Actual Cost Allocation & Periodic Settlement
- Internal Order Settlement to Cost Centers (KO88)
- Reconciliation with FI-GL
2.1.6 FI-CO Integration & Reporting
- Cost Center Reporting in SAP Fiori & SAP GUI
- Integration with Profit Center Accounting (PCA), Product Costing (PC)
- Multi-Dimensional Reporting with Universal Journal (ACDOCA)
2.1.7 Month-End & Year-End Closing in CCA
- Periodic Allocations & Closing Activities
- Cost Center Variance Analysis & Corrective Postings
- Audit Compliance & Reporting
2.1.8 SAP Fiori & Embedded Analytics for CCA
- Fiori Apps for Cost Center Reporting & Planning
- Embedded Analytics & Smart Business KPIs
- Drill-down Reports for Cost Analysis
2.2 Internal Orders
2.2.1 Organizational Structure for Internal Orders
- Controlling Area & Company Code Assignment
- Cost Center & Profit Center Integration with Internal Orders
- Internal Order Types & Number Range Assignments
2.2.2 Internal Order Master Data & Configuration
- Defining Internal Orders & Order Groups
- Statistical vs. Real Internal Orders
- Order Category Configuration – Investment, Overhead, Accrual, Revenue Orders
- Integration with Cost Center Accounting (CCA) & FI-GL
2.2.3 Cost Posting & Settlement in Internal Orders
- Direct Cost Posting to Internal Orders (FB50, KB11N)
- Internal Order Allocations – Distribution & Assessment
- Period-End Processing & Settlement Rules Configuration
- Internal Order Settlement to Cost Centers, GL, Fixed Assets (KO88)
2.2.4 Actual vs. Plan Cost Analysis
- Variance Analysis & Corrective Postings
- Commitment Management in Internal Orders
- Integration with Profitability Analysis (CO-PA)
2.2.5 FI-CO Integration & Internal Order Reporting
- Integration of Internal Orders with MM, SD & FI-AP
- Custom Reporting in SAP GUI & SAP Fiori
- Drill-down Reports using SAP S/4HANA Embedded Analytics
2.2.6 Period-End & Year-End Closing in CO-IO
- Periodic Settlement & Final Order Closure
- Order Balance Carry Forward & Reporting
- Audit Compliance & Financial Reconciliation
2.3 Product Costing (CO-PC)
Business Process Explanation
2.3.1 Organizational Structure for Product Costing & Material Ledger
- Controlling Area & Company Code Assignment
- Cost Object Controlling – Cost Centers, Production Orders
- Material Ledger Activation & Configuration in S/4HANA
Business Process Configuration
2.3.2 Master Data Setup for Product Costing
- Material Master Configuration – Costing View & Accounting View
- Cost Elements & Cost Component Structure
- Work Centers, Bill of Materials (BOM), and Routing Setup
- Activity Types & Cost Center Planning for Costing
2.3.3 Product Cost Planning (CO-PC-PCP)
- Standard Cost Estimation & Cost Rollup (CK11N, CK40N)
- Quantity Structure vs. Value Structure in Costing
- Cost Component Split & Costing Sheet Configuration
- Marking & Releasing Standard Cost Estimates
2.3.4 Cost Object Controlling (CO-PC-OBJ)
- Make-to-Stock (MTS) vs. Make-to-Order (MTO) Costing
- Product Cost by Order (Production Orders)
- Product Cost by Period (Process Orders)
- Cost Object Hierarchy & Reporting
2.3.5 Work in Progress (WIP) & Variance Calculation
- Period-End Processing for Production Orders
- WIP Calculation & Settlement (KKAO, CO88)
- Variance Analysis – Production, Scrap, Input Price Variance
- Settlement of Variances to FI-GL & CO-PA
2.3.6 Actual Costing & Material Ledger (CO-PC-ACT & ML)
- Concept of Material Ledger in SAP S/4HANA
- Configuration of Material Ledger & Activation Steps
- Actual Costing & Periodic Costing Run (CKMLCP)
- Multi-Level Price Determination & Actual Costing Cockpit
2.3.7 FI-CO Integration & Reporting
- Integration of Product Costing with FI, MM, and SD
- Custom Reporting in SAP GUI & SAP Fiori
- Multi-Dimensional Reporting with Universal Journal (ACDOCA)
Testing & Reporting Analysis of Product Costing
2.3.8 Month-End & Year-End Closing in CO-PC & ML
- Periodic Settlement & Cost Adjustments
- Cost Component Analysis for Profitability Reports
- Reconciliation & Audit Compliance
2.3.9 SAP Fiori & Embedded Analytics for CO-PC & ML
- Fiori Apps for Product Costing & Material Ledger Reporting
- SAP Analytics Cloud Integration for Cost Analysis
- KPI-Based Cost Tracking in S/4HANA
2.4 Profitability Analysis (CO-PA)
Business Process Explanation
2.4.1 Organizational Structure & Types of CO-PA
- Account-Based CO-PA vs. Costing-Based CO-PA (Key Differences)
- Choosing the Right CO-PA Type in S/4HANA
- Integration with FI, MM, SD, PP & Other SAP Modules
2.4.2 Master Data Setup for CO-PA
- Characteristics (Customer, Product, Region, Sales Org, etc.)
- Value Fields vs. Account-Based Mapping
- Derivation Rules & Characteristic Value Derivation
2.4.2 Revenue & Cost Flow in CO-PA
- Data Flow from SD (Billing), FI (GL), MM (Material Movements)
- Integration with Product Costing (CO-PC)
- Direct Posting from FI & MM Transactions
Business Process Configuration
2.4.3 Operating Concern Configuration
- Defining Operating Concern & CO-PA Configuration
- Assigning Characteristics & Value Fields
- Maintaining Operating Concern Currency & Versioning
2.4.4 Data Flow & Settlement in CO-PA
- Revenue Flow from Billing Document to CO-PA
- Cost Flow from Material Ledger & Cost Centers
- Settlement of Production Variances, Overheads & Orders
2.4.5 Profitability Analysis & Reporting
- Profitability Segment Definition & Reporting Structures
- Real-Time CO-PA Reporting in Universal Journal
- COPA Reporting using SAP Fiori & Embedded Analytics
2.4.6 FI-CO Integration & Advanced Reporting
- COGS Splitting
- Predictive Analysis for Profitability Forecasting
Testing & Reporting Analysis of Profitability Analysis
2.4.7 Month-End & Year-End Closing in CO-PA
- Periodic Allocation & Assessment Cycles
- Profitability Analysis & Reporting for Management
- Reconciliation & Audit Compliance
2.4.8 SAP Fiori & Embedded Analytics for CO-PA
- Fiori Apps for Profitability Analysis & Drill-down Reports
- SAP Analytics Cloud Integration for CO-PA Reporting
Module 3: Materials Management (MM) Implementation
3.1 Organizational Structure in MM
- Define Plant, Storage Location & Purchase Organization
3.2 Master Data Configuration
- Material Master, Vendor Master & Purchasing Info Records
3.3 Procurement Process
- Procure-to-Pay (P2P) Lifecycle
- Purchase Requisition & Purchase Order
- Release Strategy & Approval Workflow
- Automatic Account Determination
3.4 Inventory Management
- Goods Receipt (GR) & Goods Issue (GI)
- Movement Types & Stock Transfers
3.5 Invoice Verification & LIV
- Logistics Invoice Verification (LIV) Process
- Three-Way Matching (PO-GR-IV)
3.6 MM Integration with FI & CO
- GR/IR Clearing & Account Determination
Module 4: Sales & Distribution (SD) Implementation
4.1 Organizational Structure in SD
- Define Sales Organization, Distribution Channel & Division
4.2 Master Data Setup
- Customer Master & Business Partner Concept
- Material Master, Pricing Conditions & Credit Management
4.3 Order-to-Cash (O2C) Business Process
- Sales Order Processing – Standard & Special Orders
- Pricing Procedure – Condition Types, Access Sequences
- Credit Management – Risk Categories & Credit Limits
- Delivery & Goods Issue – Picking, Packing & Shipping
4.4 Billing & Revenue Recognition
- Invoice Generation & Posting to FI
4.5 SD-FI & SD-CO Integration
- Revenue Account Determination
- Integration with CO-PA for Profitability Analysis
Module 5: Production Planning (PP) Implementation
5.1 Organizational Structure in PP
- Define Plant, Work Centres & Production Versions
5.2 Master Data Setup
- Material Master (BOM), Routing & Work Centres
- Production Versions & Recipe Management
5.4 Production Execution
- Discrete & Process Manufacturing
- Order Confirmation & Variance Analysis
5.5 Integration with MM, FI, CO
- Material Consumption Posting
- Production Costing & Variance Calculation
Phase 3: Realization – System Build & Testing
6.1 User Acceptance Testing (UAT) & Training
- Unit Testing, Integration Testing & Regression Testing
- SAP Fiori Role-Based Access & Security Setup
Phase 4: Deployment (Go-Live & Support)
7.1 Cutover Strategy & Go-Live
- Master Data & Transactional Data Migration
- Hyper-care & Post-Go-Live Support
7.2 Month-End & Year-End Closing
- FI & CO Period-End Closing
- GR/IR Clearing & Financial Reporting
SAP ECC to S/4HANA Conversion
Phase 1: System Readiness & Simplification Item Analysis
1.1 SAP Readiness Check & Compatibility Analysis
- Running SAP Readiness Check Tool
- Identifying Business Function Changes & Add-On Compatibility
- Checking Custom Code Impact Analysis (ATC – ABAP Test Cockpit)
- Understanding Simplification Items in Finance, Logistics, and Controlling
1.2 Business Partner (BP) Concept – Mandatory Change
- Customer & Vendor Master Data Migration to Business Partner (BP)
- Configuration & Synchronization of BP Roles, Grouping, & Number Ranges
1.3 Universal Journal (ACDOCA) & Ledger Impact Analysis
- Concept of Universal Journal (ACDOCA) in S/4HANA
- Changes in General Ledger (FI-GL), AP, AR, Asset Accounting (FI-AA)
- Impact of Leading & Non-Leading Ledgers
- Migration from Classic GL to New GL (if required)
Phase 3: System Conversion – Finance & Controlling
2.1 General Ledger (FI-GL) & Financial Accounting Changes
- New Features in SAP S/4HANA GL (e.g., Parallel Ledgers, Document Splitting)
- Configuring Extension Ledger & Predictive Ledger
- Conversion of Existing GL to Universal Journal
2.2 Accounts Payable (FI-AP) & Accounts Receivable (FI-AR) Changes
- Vendor/Customer Merge into BP (Business Partner)
- Invoice Management & Open Item Handling in Conversion
- Payment Processing & Integration with FSCM
2.3 Asset Accounting (FI-AA) Changes
- New Asset Accounting (FAA) in S/4HANA – Key Changes
- Changes in Depreciation Calculation & Ledger Integration
- Fixed Asset Data Migration & Conversion
2.4 Controlling (CO) Changes in S/4HANA
- Changes in Cost Center Accounting, Internal Orders, & Profit Centers
- Material Ledger Activation (Mandatory in S/4HANA)
- Impact of Universal Allocation in CO-OM
2.5 Profitability Analysis (CO-PA) Conversion
- Migration from Costing-Based to Account-Based CO-PA
- Real-Time CO-PA Integration with Universal Journal
- Changes in Reporting for Profitability Segments
SAP S/4HANA Central Finance (CFIN)
Phase 1: Introduction to SAP Central Finance (CFIN)
- Overview of SAP Central Finance – Concept & Architecture
- Key Business Scenarios for Central Finance
- Differences Between Central Finance & Traditional S/4HANA migration
- Benefits of Central Finance in a Multi-System Landscape
- Key Components of SAP Central Finance
Phase 2: System Architecture & Technical Setup
1.1 SAP Central Finance System Landscape
- Source System vs. Target System Architecture
- Supported SAP & Non-SAP Source Systems
- Data Flow in Central Finance – SLT, AIF, & Replication Process
- Understanding the Universal Journal (ACDOCA) in CFIN
- 1.2 Key Configuration in Central Finance System
- Activation of Central Finance in S/4HANA
- Mapping Entities – Company Codes, GL Accounts, Cost Centers, Profit Centers
- Configuration of Central Payment & Replication Settings
Phase 3: Data Replication & SLT Configuration
2.1 SAP Landscape Transformation (SLT) for CFIN
- Overview of SAP SLT Replication Server
- Setting Up SLT for Central Finance
- Replication of Master Data & Transactional Data
- Real-Time Data Replication & Error Handling
2.2 Key Mapping & Data Transformation in CFIN
- Mapping of Company Codes, Profit Centers, Cost Centers, Business Partners
- GL Account & Document Type Mapping
- Handling of Document Splitting & Line-Item Details
Phase 4: Central Finance Process Execution
3.1 FI Document Replication & Posting Logic
- Real-Time Document Replication from Source to Central Finance
- Managing FI Document Flow & Reconciliation
- Handling Financial Document Adjustments in CFIN
3.2 CO Document Replication & CO-PA Integration
- Replication of Cost Centers, Internal Orders & Profitability Analysis (CO-PA)
- Understanding Universal Allocation in Central Finance
Reporting, Analytics & Reconciliation
- FI-CO Reconciliation Between Source & Central Finance
- Troubleshooting & Error Handling in SLT & AIF
- Period-End & Year-End Closing in Central Finance
Post-Go-Live Support & Optimization
- Performance Tuning for SLT & AIF
- Monitoring Data Latency & Optimization Strategies
- Advanced Features in Central Finance – Future Roadmap
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
- SAP Support Consultants
- SAP End Users
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.
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
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 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.