SAP S4 HANA Finance Training
SAP S4 HANA Finance Training - End To End
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
Upcoming Batch
05th Jan 2025: 07:00 PM IST
(Weekends)
EST: 05th Jan | 08:30 AM
CST: 05th Jan | 07:30 AM
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
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 S4 HANA Finance Training – End-to-End
Module 1- Greenfield Implementation
(Modules Used -FI, CO, MM, SD & PP)
Journey to SAP S/4HANA with the Activate Methodology
- Introducing SAP S/4 HANA Outlining the Conversion Journey
Unit – 2 – Overview of Financials for SAP S/4 HANA
- 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
- Outlining the Migration of Financials to SAP S/4 HANA
Unit – 3 – Organization Structure for Greenfield Implementation
- Operating Concern
- Company
- Company Code
- Business Area
- Profit centers
- Plant
- Purchase Organization
- Sales Organization
- Shipping Point
- Chart of Accounts
Customizing Financials in SAP S/4 HANA
Unit – 4 – Configuring General Ledger Accounting (Record to Report)
- Define Fiscal Year Variant
- Define Posting Period Variant
- Define Document Settings
- Define Field Status Settings
- Define User/Customer/Vendor/GL Tolerance
- Parallel Ledgers
- Leading Ledger
- Non-Leading Ledgers
- Extension Ledgers
- Parallel Accounting
- Multiple Currency Settings in Universal Journal
- Extended Document Splitting
- FI-CO reconciliation
- Advance Foreign Currency Valuation
- Profit center Accounting & Segment Reporting
Master Data Creation
- GL Master
- Segment
- Profit Center
UAT – General Ledger Document Posting & Analysis of GL Reports
1st Assignment Submission
Unit – 5 – Cross Module Configuration
- Business Partner Configuration
- CVI Settings & Activation
- Material Ledger Configuration & Activation
Unit – 6 – SAP S4 HANA Procurement Configuration
- Material Type Configuration
- Valuation Class
- Movement Type
- Condition Type
- Logistic Invoice Verification Configuration
- Invoice Blocking Configuration
Unit – 7 – SAP FI-MM Integration Settings (OBYC Settings)
Unit – 8 – Tax on Sale & Purchase Configuration in SAP
- Tax Procedure
- Tax Code
- Tax GL Mapping
Unit – 9 – SAP Master Data for Procurement to Pay Execution
- Business Partner -Vendor
- Material Master -Purchase
- MM Condition Records
UAT -P2P Cycle Execution in SAP S4 HANA
- PO Creation
- Goods Receipt Creation
- Logistic Vendor Invoice Posting
- Non-PO Invoice Posting
- Vendor Document & Report Analysis
2nd Assignment Submission
Unit – 10 – Sales & Distribution Configuration in SAP S4 HANA
- Business Process Sales & Accounts Receivable
- SD Pricing Procedure Configuration
- SD Partner Determination Configuration
- SD Condition Type Settings
Unit – 11 – SAP FI-SD Integration (VKOA settings)
Unit – 12 – Master Data for Order to Cash in SAP
- Business Partner -Customer
- Material Master -Sales
- SD Condition Records
Unit – 13 – Order to Cash Execution
- Sales Order Creation
- Goods Delivery Creation
- Logistic Customer Invoice Posting
- Non-SO Invoice Posting
- Customer Document & Report Analysis
3rd Assignment Submission
Unit – 14 – New Bank Accounting -Accounts Payable & Accounts Receivable in SAP
- House Bank & Bank Master through FIORI
- Automatic Payment Program- APP-DMEE
- Cheque Deposit Configuration & Execution
- EBS-Electronic Bank Reconciliation through FIORI
4th Assignment Submission
Unit – 15 – New Asset Accounting- SAP S4 HANA
- 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 Methods
- Asset Master
- External Asset Acquisition
- Asset Under Construction
- Capitalization of AUC
- Settlement of AUC
- Sales of Asset
- Depreciation Calculation & Posting
Management Accounting (Controlling) in SAP S/4 HANA
Unit – 16 – SAP Cost Center Accounting
- Define & Configure Cost Centers
- Cost Center hierarchies
- Cost Center groups
- Cost Center Planning
- Activity Types
- Universal Allocations through cost centers
- Periodic Reposting Method
- Distribution Method
- Assessment Allocation
- Activity Allocation
Unit – 17 – Internal Order in SAP
- Internal Order Types
- Internal Order Master Data
- Cost Posting with Internal Order
- Period End Closing Activities
- Allocation Structure
- Settlement Profile
- Cost Settlement through Order
5th Assignment Submission
Unit – 18 – Product Cost Planning in SAP
- 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
6th Assignment Submission
Unit – 19 – SAP Cost Object Controlling – Make to Stock
Actual Costing/Material Ledger
- Creation of Production Order
- Production Order Confirmation
- Simultaneous Costing
- Actual Costing
- Result Analysis- WIP Calculation
- Variance Calculation
- Variance Settlement
Unit – 20 – SAP Cost Object Controlling – Make to Order
Actual Costing/Material Ledger
- Basic Settings for Product Costing by Sales Order
- Product Costing by Sales Order with Variant Configuration
- Preliminary Costing & Order BOM Costing
- Super BOM creation
- Work Center for Super Routing Purpose
- Super Routing Creation
- Testing with product Cost by Sales Order
7th Assignment Submission
Unit – 21 – Marginal Analysis and Combined CO-PA in SAP
- Overview of Profitability Analysis
- Account-Based COPA vs Costing-Based COPA
- Profitability Analysis vs Profit Center Accounting
- Data Flow to COPA from Sales Cycle
- Data Flow to COPA from Purchase Cycle
- Data Flow to COPA from the Cost center
- Data Flow to COPA from Internal Order
8th Assignment Submission
Unit – 22 – Financial Closing in SAP S4 HANA
- COGS Splitting
- Predictive Accounting
- Universal Allocation
- Commitment Management
- Period End Closing Activities
Module 2- Brownfield Implementation in SAP
Unit – 23 – Preparation for Migration to SAP S/4 HANA
- Explaining the Migration Process
- Analyzing the Migration Process per system starting point
- Preparing for Migration to SAP S/4 HANA, Preparing for Business Partner Adoption
- Installation Phase
Unit – 24 – Customizing Financials in SAP S/4 HANA
- Configuring General Ledger Accounting
- Configuring New Asset Accounting
- Migrating to New Asset Accounting
- Customizing Controlling for Account-Based COPA-Margin Analysis
- Preparing for Migration Material Ledger
- Preparing for Migration of House Bank Accounts
- Preparing for Migration of Credit Management
Unit – 25 – Migration to SAP S/4 HANA
- Migrating to the Universal Journal
- Finalizing Migration and Post-Processing Business Partner
- Performing Post Migration Activities
Module – 3 – SAP Central Finance
Unit – 26 – SAP Central Finance Architecture
- Understanding SAP S/4 HANA Central Finance Architecture
- Understanding Data Flow in SAP S/4 HANA Central Finance
- Understanding S/4 HANA Central Finance Function
Unit – 27 – SAP S/4 HANA Central Finance Setup and Configuration
- Setup and Configure Source system for Central Finance Integration
- Setup and configure SLT & AIF for Central Finance Integration
- Setup and Configure Central Finance System
- Configure Business Mapping with MDG Mapping
- Configure Cost Object Mapping
- Master Data Replication
Unit – 28 – SAP S/4 HANA Central Finance Realtime Replication
- Real-Time Replication
- FICO Posting
- CO Internal Posting
- Asset Postings
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
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.