SAP Simple Finance

Course details

OVERVIEW: Simple Finance runs on SAP HANA’s in-memory platform, which enables users to generate real-time reports about operational and financial data. The SAP Simple Finance training course enables professionals to implement and execute financial & accounting operations efficiently and effectively.

CAREER OPPORTUNITIES:

Market Trends: SAP is the market leader in enterprise application software with 92% of the Forbes Global 2000 companies implementing SAP. Approximately 77% of the world’s transaction revenue interacts with SAP due to its vast ecosystem and comprehensive portfolio of solutions.

Salary Trends: SAP–certified professionals enjoy increased package offerings as a result of an expanding job market. The average annual salary of an SAP S4 consultant in the UAE ranges from AED 101,130 at entry-level to AED 230,408 at the senior level, depending on education, experience, and location.

Demand and Opportunities: Due to SAP’s global reach and worldwide customer base, SAP–certified professionals are widely sought after in many major countries of the world. According to LinkedIn, in 2020 there were 242,409 SAP-related job openings worldwide. Over 1200 SAP-related jobs were posted in the Middle East alone on in Oct 2020. The popularity of SAP software has increased the demand for SAP–certified professionals.

COURSE OUTLINE:

General Topics

• Discussion On Table Architecture
• Advantages On New Data Storage – ACDOCA
• Comparison Between The R/3 Data Storage & New Hana Storage
• Row Based & Column Storage And Its Advantages
• Universal Journal – ACDOCA
• Introduction – LUMIRA & FIORI

Basic Settings – Green Field Implementation

• Migration – General Ledger (SAP ERP to SAP Accounting Powered By SAP HANA)
• Creation Of Company, Company Code, FSV, PPV, Tolerance Groups, Chart Of Accounts
• Customizing – Universal Journal Entry & General Ledger
• Creation Of General Ledger – New Method – Unified Creation
• Configuration Of Basic Settings In Controlling Area, Planning Version

New General Ledger – Customization

• Parallel Ledger Accounting
• Postings In On – Premises
• Cloud Premises – Fiori Postings
• Usage Of Hybrid Edition
• Creation Of Gl Account And Cost Elements By Using T. Code: FS00
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA

Accounts Payable

• Creation Of Vendor By Using Business Partner – Available Only From 1511 Onwards
• Discussion On Changes In Table Architecture
• Advantages And Differences On The Hana Storage Compared To R/3 Environment
• Maintenance Of Data Sets Or Tabs
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA
• Discussion On Changes Compared To R/3 Environment With S/4

Accounts Receivable

• Creation Of Debtor/Customer By Using Business Partner – Available Only From 1511 Onwards
• Discussion On Changes In Table Architecture
• Advantages And Differences On The Hana Storage Compared To R/3 Environment
• Maintenance Of Data Sets Or Tabs
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA
• Discussion On Changes Compared To R/3 Environment With S/4

Asset Accounting

• Overview
• Trigger Based Replication
• ETL Based Replication
• Log–Based Replication
• Intro to BODS 4
• Basic Data service Connection types
• Flat File upload into HANA
• Create and execute a Data Service Job to populate HANA
• DXC Overview

Controlling

• MIGRATION: Migration Of Controlling Information To Sap Hana
• Maintaining The Operating Concern In CO-PA
• Discussion On The Changes In CO-PA
• Configuration Of Controlling Area
• Maintenance Of Number Ranges
• Maintenance Of Versions

Cost Center Accounting

• Creation Of Cost Centers
• Postings Using The Cost Centers And Generating The Cost Center Reports
• Assessment Cycle
• Overhead Cycle
• Distribution Cycle
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA
• Discussion On Changes Compared To R/3 Environment With S/4

Internal Orders

• Configuration Of Real Orders
• Configuration Of Statistical Order
• Discussion On Changes Compared To R/3 Environment With S/4
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA

Profit Center Accounting

• Configuration Of Profit Center Accounting
• Discussion On Changes Compared To R/3 Environment With S/4
• Postings Both In Fiori & On – Premises In This Module And Looking The Effects In New Table – ACDOCA

Integration
FI – MM Integration – Available In 1610 Version
Activating The Material Ledger To Post The MIRO, MIGO & MB1A ( T. CODES)
FI – SD Integration – Available In 1610 Version

• Configuration Of The Above Modules In 1610 And The Effects In New Table – ACDOCA

KEY TAKEAWAYS:

Upon completion of our SAP Simple Finance program, the candidate will be able to:

• Establish and maintain financial accounting organizational units
• Discover the functionality of currencies and rate types
• Establish a workflow and document parking system to enter financial information
• Organize the receivables and payables
• Learn to assign the Chart of Depreciation to a Company Code
• Understand the benefits of Asset Classes in Fixed Assets

ACCREDITATION:

Our SAP Simple Finance course is accredited by ISO 9001: 2015, the Knowledge and Human Development Authority (KHDA), and the Systems Applications and Products in Data Processing (SAP).

ALUMNI: Our academy graduates are successfully placed in some of the top-notch companies in Dubai like Jumeirah, Aramex, Airarabia, Damac, Emaar, etc. They are entrepreneurs, career changers, and lifelong learners. Updated on 22 August, 2024