Overview

A warm welcome to the SAP S/4HANA Finance: Financial Accounting and Controlling course by Uplatz.SAP S/4HANA Finance (previously known as SAP Simple Finance) is a module within the SAP S/4HANA ERP suite that modernizes and streamlines financial management processes. It integrates financial and management accounting, treasury, and risk management with real-time reporting capabilities, offering comprehensive financial insights to support business decision-making.SAP S/4HANA Finance is widely adopted by organizations aiming for digital transformation in their financial operations, offering a robust foundation for data-driven strategies.Key Features of SAP S/4HANA FinanceUnified Financial Data: Combines financial and operational data into a single source of truth using the SAP HANA in-memory database.Real-Time Analytics: Enables instant financial insights through advanced reporting and analytics capabilities.Simplified Processes: Reduces complexity in financial operations such as closing, reporting, and reconciliation.Advanced Integration: Seamlessly integrates with other SAP modules (e.g., MM, SD, CO) and external systems for end-to-end financial processes.Enhanced User Experience: Offers intuitive, role-based Fiori applications for streamlined workflows and decision-making.Key Innovations: Includes functionalities like universal journal (ACDOCA), real-time profit analysis, and predictive financial planning.Key Components of SAP S/4HANA FinanceFinancial Accounting (FI): Covers core accounting processes like general ledger, accounts payable, accounts receivable, and asset accounting.Controlling (CO): Supports internal management functions such as cost center accounting, profit center accounting, and internal orders.Treasury and Risk Management: Manages liquidity, cash flow, and financial risks.Advanced Financial Closing: Automates and accelerates month-end and year-end closing activities.Benefits of SAP S/4HANA FinanceFaster decision-making with real-time financial insights.Reduced operational costs through simplified data structures.Improved financial compliance and accuracy.Scalable architecture to support growing business needs.SAP S/4HANA Finance: Financial Accounting and Controlling - Course CurriculumSection 1: Introduction to SAP S/4HANA FinanceOverview of SAP S/4HANA FinanceKey Innovations in SAP S/4HANA Finance (Cloud Version)Course Objectives and OutcomesSection 2: SAP FI (Financial Accounting)1. General Ledger (GL)New Ledger Concepts and ConfigurationsLeading and Parallel CurrenciesJournal Entry Posting2. Accounts Payable (AP)Vendor Management and TransactionsGST Configuration and Withholding Tax SetupAuto Payment ProgramIntegration with FI-GL, FI-AA, and MM3. Accounts Receivable (AR)Customer Management and Credit ManagementDown Payment Receipt with ClearingDunning and Interest Calculation Setup4. Bank Accounting (BA)House Bank and Bank Account ID SetupCheque Payment ProcessElectronic Bank Reconciliation Setup (EBRS)5. Asset Accounting (AA)Overview and Integration with FI-GL, CO, MMAsset Master Data Creation and ChangesAsset Acquisition, Additions, Retirements, and TransfersDepreciation Job Setup and Legacy Asset Balance Transfer6. ReportingFinancial Statements and Multiple Reporting MethodsMonth-End and Year-End ActivitiesSection 3: SAP CO (Controlling)1. Cost Centre Accounting (CCA)Cost Centers Setup and ManagementInternal Order Accounting2. Profit Centre Accounting (PC)Configuration and Reporting3. Real-Time CO-FI IntegrationKey Concepts and Benefits4. Advanced CO ConceptsControlling Area SetupCross-Company PostingsSection 4: Technical KnowledgeOverview of ABAP and BASIS KnowledgeUnderstanding Validations and Substitutions in S/4HANASection 5: Fiori TilesWorking Knowledge of Fiori Tiles for SAP FI and COSection 6: Practical Lab Exercises1. Enterprise Structure and SetupCompany Enterprise Structure CreationCompany Code Basic FeaturesControlling Area Setup with Profit and Cost Centers2. End-to-End IntegrationP2P Process with FI-MM IntegrationO2C Configuration (SD to FI Integration)3. Advanced Asset AccountingAsset Acquisition from POAUC and Settlements4. Custom ProcessesExchange Rate Differences and Document ClearingAccrual and Deferral ProcessesSection 7: Advanced FeaturesMass Updates in S/4HANAValidations, Substitutions, and Custom WorkflowsNew GL Concepts and Real-Time ReportingSection 8: Assessment and ReportingScenario-Based ExercisesFinancial Statements Generation and AnalysisPerformance Benchmarking

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