SAP S/4 HANA FINANCE(Simple Finance)



Introduction

SAP S/4 HANA Finance is a comprehensive set of financial management and accounting solutions, covering financial planning and analysis, accounting and financial close, treasury and financial risk management, collaborative finance operations, and enterprise risk and compliance management powered by the SAP HANA in-memory database.

Designed for the office of the CFO, these solutions remove the traditional boundaries between transactional, analytical and planning systems, to deliver instant insights with on-the-fly analysis, across all dimensions of financial data.

Course Objectives

  • To provide an understanding, architecture, scope and deployment of SAP S/4HANA Finance.
  • To provide a practical working knowledge of SAP S/4 HANA Finance.
  • To provide scope, functions, solution of SAP Cash Management Powered by SAP HANA
  • To provide configuration, functionality, posting of SAP New Asset Accounting
  • To provide scope, solution, functions and benefits of  Integrated Business Planning for Finance
  • To provide the steps for migration to the SAP Simple Finance add-on and required customization for migration

Course Outline:

Introduction

  • Introducing SAP S/4 HANA
  • Implementation options
  • Architecture
  • Overview  of SAP  Simple Finance  (latest name-S/4 HANA Finance)
  • Overview to SAP Cash Management Powered by SAP HANA
  • Overview to SAP New Asset Accounting
  • Overview to Integrated Business Planning

Deep drive-S/4 HANA Finance:

  • Universal Journal
  • Central Finance
  • SAP Fiori
  • Database Table level changes
  • Understanding the Prerequisites of Installing SAP Simple Finance Add-on
  • Unifying the Fiscal Year Variants
  • Universal Journal Configuration
  • Currency Configuration
  • Account based vs. ledger based Configuration
  • Accounting Principles/ Ledger Group Configuration
  • Controlling Mapping Variant
  • Unified Master Data (Clubbing of GL master and Cost Element)
  • Consistency Checks of Universal Journal

Deep drive-S4/HANA Finance based Controlling:

  • Master Data Changes
  • Document Types and Versions changes for Controlling Transactions
  • Splitting of Production Variance components in Accounting
  • Advantages of Account based COPA over Cost based COPA
  • Account based COPA as the mandatory solution
  • Activation of Account based COPA
  • Splitting of Cost of Goods Sold in Accounts

Deep drive-S/4 HANA Finance based New Asset Accounting:

  • New Features of New Asset Accounting
  • Database Table level Changes
  • Prerequisites of Activating New Asset Accounting
  • Depreciation Areas for Parallel Currencies
  • Understanding Technical Clearing Account
  • Changes in Posting of Acquisition, Depreciation
  • Depreciation Areas for Parallel Ledgers
  • Posting Controls for Parallel Currencies & Parallel Ledgers
  • Transfer of APC and Depreciation terms
  • Migrating Chart of Depreciation
  • Changes in Posting of Acquisition, Depreciation
  • Consistency Check before activating New Asset Accounting
  • Activate New Asset Accounting

Deep drive-S/4 HANA Finance based Cash Management

  • Configuring House Bank Management
  • Bank Account Workflow Management
  • Bank Account Master and Transaction Approval Process
  • Payments Signatory Control
  • Configuring New Cash Management
  • Configuration of Cash Position
  • Liquidity Forecasting

Deep drive-S/4 HANA Finance based Integrated Business Planning for Finance (IBPF)

  • Difference between IBP and BPC
  • Category Maintenance
  • Default Parameters
  • Maintaining Exchange Rates
  • Maintaining Plans
  • Plan vs. Actual reporting

Migration to SAP Simple Finance

  • Migration process of Simple Finance Add on
  • High Level System View of Migration Sequence
  • Pre Migration system setup
  • Analyzing the Migration process per system starting point
  • Migration From Classic GL to SAP Simple Finance
  • Migration From New GL to SAP Simple Finance
  • Simple finance Migration Project Duration and Support
  • Preparing for Migrating to and Installing the add-on
  • Preparing for Migrating Asset Accounting to Simple Finance
  • Preparing for Migrating Special Purpose Ledger, Sub Ledger to Simple Finance
  • Migration setup for General Ledger Accounting
  • Sequence of the migration Simple Finance
  • Migration and System Setup for CO – PA (Account Based)
  • Migrating to the Universal Journal

 

To Know about SAP S/4 HANA FINANCE certification please visit the below link

Certifications http://iibs.ca/sapbusiness-object/certifications

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SAP Training, SAP Training Toronto, SAP Training Mississauga, SAP S/4 HANA Finance Training Toronto,

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