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via Udemy |
Go to Course: https://www.udemy.com/course/sap-s4-hana-fico-basic-settings-gl-accounting-with-fiori/
Certainly! Here's a comprehensive review and recommendation for the Coursera course on SAP S/4HANA Financial Accounting and Controlling (FICO): --- **Course Review and Recommendation: SAP S/4HANA Financial Accounting and Controlling (FICO) on Coursera** If you're looking to deepen your understanding of SAP S/4HANA's financial modules, this course offers a well-structured and in-depth journey into SAP Financial Accounting and Controlling (FICO). Designed for both beginners and experienced SAP professionals, it covers a comprehensive range of topics essential for mastering S/4HANA Finance. **Course Content Overview** The course meticulously covers core concepts such as SAP Landscape, versions (ECC 6.0 & HANA), and deployment methods (On-Premise, Private Cloud, Public Cloud, Hybrid). It then delves into the practical aspects of SAP Fiori, illustrating how to perform finance activities using intuitive apps like posting GL invoices, creating recurring documents, and executing automatic payments—all of which are crucial skills in today’s SAP environment. In addition to Fiori transactions, the course explores extensive financial accounting processes: - Global settings such as company codes, fiscal year variants, chart of accounts, and currency settings. - General Ledger operations including master data management, document posting, and line item display. - Accounts payable and receivable workflows, including vendor and customer master data, invoice processing, payments, and reconciliations. - Integration of Financial Accounting with Materials Management and Sales & Distribution for seamless end-to-end process handling. - Fixed Asset Accounting, covering asset creation, depreciation, and asset transfers. Furthermore, the course prepares learners for the SAP S/4HANA Financial Accounting Certification Exam by offering practice exams and exam dumps, enhancing exam readiness. **Strengths** - **Practical Exercises:** The course emphasizes hands-on learning through practical exercises on SAP Fiori apps, enabling learners to translate theory into real-world skills. - **Comprehensive Coverage:** From foundational SAP landscape knowledge to detailed financial processes, the course provides a holistic understanding. - **Updated Content:** The inclusion of S/4HANA-specific features and deployment options ensures relevance for current SAP professionals. - **Exam Preparation:** Practice exams and dumps help learners assess their readiness for certification, boosting confidence. **Areas for Improvement** - **Pace and Depth:** Due to the extensive material, some learners may find the pace fast. Supplementing with additional resources or slow-paced review sessions might be helpful. - **Prerequisites:** A basic understanding of finance principles and prior SAP ERP knowledge can enhance comprehension; beginners might need foundational courses beforehand. **Who Should Enroll?** - SAP consultants seeking to specialize in Financial Accounting and Controlling. - Finance professionals transitioning to SAP S/4HANA. - SAP end-users aiming to streamline financial processes. - Students preparing for SAP S/4HANA Financial Certification. **Conclusion & Recommendation** This course is an excellent investment for anyone aiming to attain proficiency in SAP S/4HANA FICO modules. It balances theoretical knowledge with practical application, making complex concepts accessible. Whether you are preparing for SAP certification or enhancing your enterprise resource planning skills, this course provides the tools needed to succeed. **Final Verdict: Highly Recommended** Enroll in this course to upgrade your SAP skills, understand the latest in S/4HANA Finance, and confidently handle financial processes within SAP environments. With its comprehensive content and practical exercises, it’s a valuable resource for your SAP career advancement. --- Feel free to ask if you'd like a more succinct summary or additional insights!
A well-structured course on SAP S/4HANA Financial Accounting and Controlling (FICO) that includes practical exercises and S4 HANA Financial Accounting Certification Exam DumpC_S4HANA_2021_Practice ExamFinance Activities on Fiori:-Posting GL Invoice on FioriUpload GL Invoices on FioriCreate Recurring Document on FioriExecute Recurring Run on FioriPost Invoice Invoice Posting on FioriPosting Outgoing Payment To Vendor on FioriRun Automatic Payment Program on FioriCreate Purchase Order on FioriCreate Goods Receipt Document on FioriCreate Invoice Receipt Document on FioriCreate Sales Order on FioriCreate Post Goods Issue on FioriCreate Billing Document on FioriIntroduction to SAP:-ERPSAP As ERP SoftwareSAP Versions ECC 6.0 & HANASAP LandscapeWhy SAP preferred as ERP software.Difference between Functional & Technical Modules in SAPSAP Functional and Technical ConsultantsTypes of ImplementationsSoftware Development Life CycleASAP Methodology in SAP ECCActivate Methodology in SAP S/4 HANARole of SAP ConsultantRole of SAP End-UserIntroduction to SAP S/4 HANA: -Evolution of SAP S/4 HANA VersionsFeatures of SAP S/4 HANASolutions in SAP S/4 HANASAP S/4 HANA DeploymentsOn PremisePrivate CloudPublic CloudHybridComparison of On-Premise Vs CloudSAP S/4 Journey· Introduction to ERP, SAP Versions Advantages of SAP over other ERP Packages· SAP Landscape· SAP Project Types· Difference between SAP ECC and S/4 HANA· ASAP and Activate Methodologies in SAP· Job description of Consultant and Business User· SAP ECC and S/4 HANA Journey· Features & Solutions in S/4 HANA· Deployment Options in SAP S/4 HANA· Comparison SAP HANA On-Premise, Private and Public Cloud Options· SAP Fiori Introduction· Fiori Application Types and BenefitsFinancial Accounting Global Settings: -· Company Code· Fiscal Year Variant. Year shift in Fiscal Year· Posting Period Variant (New)· Field Status Variant· Chart of Account· Account Groups. GL No. Ranges. Controlling Area Settings· Cost Center Creation. Profit Center Creation. Segment Accounting· Document Splitting· Difference Classic, New GL Accounting and Universal Journal Ledger Accounting· Difference Between Standard and Extension Ledgers. Ledger Settings For Company Code· Currency Types, Settings and Use of Company Code, Group, Hard and Freely Defined Currencies· Accounting Principles· Ledger for CO Version· Cost Center Standard Hierarchy· Profit Center Standard Hierarchy· Cost Elements in CO. Tolerance Group. GL Tolerance Group. Employee Tolerance GroupGeneral Ledger Accounting: -· Creation of General Ledger Master with GUI & Fiori App· Display/Change/Block/Unblock of GL Master with GUI & Fiori App· Document Entry postings with GUI & Fiori App Display and change of documents· Upload Journal Entries on Fiori App· Display of GL balances with GUI & Fiori App· Display GL account line items with GUI & Fiori App· Parked documents with GUI & Fiori App· Hold documents with GUI & Fiori App· Recurring Document Creation on GUI & Fiori. Normal Posting with Recurring Document with GUI & Fiori. Recurring Run-on Fiori· Reversal of individual documents and mass reversal with GUI & Fiori App· Reversal of accrual and deferral documents with GUI· Defining Exchange Rate types and Translation ratios· Foreign currency Postings with GUI & Fiori AppAccounts Payable Accounting: -· Business Partner Role. Business Partner Grouping and Number Range· Master Data Synchronization· Customer Vendor/Supplier Integration - CVI· Customer and Vendor/Supplier Number. same as Business Partner Number· Creation of Vendor/Supplier Account Groups· Creation of Number Ranges for Vendor/Supplier Master Records· Assignment of Number Ranges to Vendor/Supplier Account Groups. Assign BP Grouping with Vendor/Supplier Account Groups. Difference Between Internal and External Number Range Assignments· Creation of Tolerance Group for Venders. Create Business Partner. Select Business Roles for BP. Create GLs for Invoice Posting. Create Reconciliation A/c· Creation of Vendor Master (display/change/block/unblock of vender master). Create Purchase Invoice. Post Outgoing Payment· Posting of Vendor transactions (invoice posting, payment posting, credit memo). Partial Payment To Vendor. Residual Payment To Vendor. Difference B/w Partial and Residual Payment Method. Create Bank Keys. Create House Banks. Create Bank Account/Account Ids with Fiori App· Creation of Check Lots. Create Check Register· Display Check Register· Cancellation of un-issued checks· Creation of void reasons· Cancellation of issued checks· Settings for Advance Request (Down Payment Request). Settings For Advance Payments (Down Payment). Noted items for accounts payable. Special GL Line Items. Alternate Reconciliation A/c. Special Reconciliation A/c. Clearing Down Payment Line Items·. Automatic Payment Program· Creation of Terms of Payment· Posting of purchase returns· Defining Correspondence & party statement of accountsCreate Purchase Order on FioriCreate Goods Receipt Document on FioriCreate Invoice Receipt Document on FioriAccounts Receivable Accounting: -· Business Partner Role. Business Partner Grouping and Number Range· Master Data Synchronization· Customer Vendor Integration - CVI· Customer as Business Partner Number· Creation of Customer Account Groups· Creation of Number Ranges for Customer Master Records· Assignment of Number Ranges to Customer Account Groups. Assign BP Grouping with Customer Account Groups. Difference Between Internal and External Number Range Assignments· Creation of Tolerance Group for Customer. Create Business Partner. Select Business Roles for BP. Create GLs for Sales Invoice Posting. Create Reconciliation A/c· Creation of Customer Master (display/change/block/unblock of vender master). Create Sales Invoice. Post Incoming Payment· Posting of Customer transactions (invoice posting, payment posting, credit memo). Partial Payment from Customer. Residual Payment from Customer. Difference B/w Partial and Residual Payment Method· Creation of customer account groups. Noted Item. Special Line Item. Alternate Reconciliation Account. Special Reconciliation· Settings for advance payment from parties (down payment)· Configuration of settings for dunning· Generating the dunning letters· Defining correspondence and party statement of accounts· Posting of sales returns· Noted items for accounts receivableCreate Sales Order on FioriCreate Post Goods Issue on FioriCreate Billing Document on FioriActivate Material Ledger in SAP S/4 HANAIntegration of financial accounting with Materials Management:· Definition of organizational units in materials management i.e. plant, storage location and purchase organization· Assignment of organizational units to each other· Definition of tolerance groups for purchase orders· Definition of tolerance groups for goods receipt· Definition of tolerance groups for invoice verification balance sheet items.· Definition of vendor specific tolerances· Creation, display and change of material master records· Creation of plant parameters· Maintenance of posting periods for materials management· Maintenance of parameters for invoice verification· Maintenance of plant parameters for inventory management and physical inventory· Definition of attributes for material types· Assignment of GL accounts for material transactions in financial accounting (Integration of MM with FI)· Creation of purchase order, posting of goods receipt, invoice verification on GUI.· Creation of purchase order, posting of goods receipt, invoice verification on Fiori Integration of Financial Accounting with Sales and Distribution:· Definition of sales organization· Definition of distribution channels· Definition of divisions· Assignment among various organizational units in SD· Definition of partner functions· Definitions of shipping point and loading points· Definition of pricing procedures· Determining the shipping points· Determining the pricing procedures· Maintenance of SD condition types· Maintenance of condition records· Assignment of GL accounts for sales transactions( integration of FI with SD)· Creation of sales order on GUI & Fiori· Initialization of stock· Posting the delivery of goods GUI & Fiori· Creating the sales invoice GUI & FioriNew Fixed Asset Accounting· Defining chart of depreciation· Creation of 0% tax codes for sales and purchased· Depreciation Area For Local Currency· Depreciation Area For Group Currency. Assignment of chart of depreciation to company code· Defining account determination· Definition of screen lay out rules· Definition of number ranges for asset classes· Integration with General Ledger & Posting rules· Defining Depreciation key· Definition of multilevel methods· Definition of period control methods. Close Previous Fiscal Year. Create Technical Clearing Account. Relevance of Technical Clearing Account· Creation of main asset master records· Creation of sub asset master records· Acquisition of fixed assets· Sale of fixed assets· Transfer of assets· Scrapping of assets· Depreciation run· Create Asset Under Construction. Line item Settlement of assets under construction of capital work in progressC_S4HANA_2021_ Practice Exam