SAP S4 HANA Simple Finance

Course details

Knowasap provides best SAP S4 HANA SIMPLE FINANCE Training by our highly professional instructor.
As part of the training you will learn about the architecture of SAP S/4 HANA Finance, configuring and using the various functionalities in S/4 HANA, designing the SAP Fiori applications, SAP finance central deployment in S/4 HANA finance and more through real world scenarios.
 
What you will learn in this online SAP S/4 HANA finance training course?

• S/4 HANA finance key functional areas
• How SAP Fiori fits into the context
• Controlling profitability analysis (COPA) in SAP
• Universal Journal in SAP S/4 HANA
• General ledger accounting with S/4 HANA
• Integrating material management & accounting
• Complete business planning with S/4 HANA finance.

Duration of SAP S4 HANA SIMPLE FINANCE: 60+ hours             
                 
SAP S4 HANA SIMPLE FINANCE  Course Content : 

Overview of S/4HANA      

1. Introducing SAP HANA
2. Introducing SAP S/4HANA
3. Journey from SAP HANA to SAP S/HANA
4. Key Facts about SAP S/4HANA
5. Differences between SAP Business Suite, SAP Business Suite on HANA and S/4HANA
6. Latest Versions of the software
7. Deployment Options

 Overview of the SAP S4 HANA SIMPLE FINANCE functions & Features

1. Introducing Simple Finance
2. Introducing Simple Finance Add-on          
3. Advantages of Simple Finance
4. Universal Journal Entry
5. Prima Nota in Simple Finance  
6. Simulation: Analyzing Universal Journal Entry table: ACDOCA
7. Simulation: How to Extend General Ledger Coding Block
8. Tables Replaced with HANA Views and Back Up Tables
9. Simulation: Display Financial Tables in Simple Finance
10. Effect on Existing Programs and Interfaces built on the Tables Replaced
11. Key Innovations within SAP Simple Finance
12. Providing an overview of Reporting Options
13. Introducing SAP Fiori
    • Transactional Apps       
    • Analytical Apps
    • Fact Sheets
14. Simulation: Post G/L Document in Fiori.
15. Simulation: How to Open/Close Posting Periods in Fiori for Company Codes and Ledgers
16. Simulation: Display Financial Statements Versions in Fiori

General Ledger Accounting 

1. Manage Multiple Ledgers and Multiple Currency Types for Company Codes
   • Leading Ledger
   • Non-Leading Ledger
   • Extension Ledger aka Appendix Ledger
   • Stacked Ledger
2. Simulation: Post Documents in Multiple Ledgers , In Multiple Currencies and in Multiple Periods and Analyze the results
3. Accounting Principles
4. Simulation: Run FC valuation with new features
5. Overview on G/L Account Types
6. Merge of Cost Elements and G/L Accounts
7. Simulation: How to Create Primary Cost Element
8. Simulation: How to Create Secondary Cost Element
9. Simulation: How to create an Asset Accounts as a Statistical Cost Element
10. Simulation: Create Default Account Assignment
11. Simulation: Mange Posting Periods for Company codes /Ledgers
12. Simulation: Post Secondary Cost to Financial Accounting
13. Simulation: Create an Extension Ledger and post a document to it.
14. Configure Document Splitting Settings

New Asset Accounting    

1. Overview on Business Functions to be activated
2. New Functions in FI-AA (New)
3. Effects on Existing Settings (Transactions, Programs, etc.)
4. Overview and Simulation on Changes for users
   • Document Entry
   • Document Display
   • Asset Explorer
   • Depreciation Run
5. Test the FI-AA processes (acquisitions, retirements, depreciation) in
6. Overview on Account Approach and Ledger Approach
7. Integration with the Universal Journal Entry
8. Posting Logic in New Asset Accounting
9. Overview on New Architecture in FI-AA
10. Simulation: Create Assets
11. Simulation: Post Integrated Asset Acquisitions
12. Simulation: Post a Partial Scrapping to an Asset
13. Simulation: Execution Depreciation posting run and Analyzing the Log
14. Simulation: Manage Depreciation Runs

Controlling    

1. Understanding the new architecture of Controlling Module
2. Integration of Controlling with Financial Accounting
   • Define a document types for postings in Controlling
   • Define document type mapping variant for CO business transactions
   • Check and Default values for posting in controlling
   • Define Ledger group for CO version
3. Explain COPA and Material Ledger in simple Finance
4. Simulation: Post and Analyze Cost of Goods Sold
5. Simulation: Process Purchase to Invoice (Material Ledger update)
6. Simulation: Repost costs with/without Ledger Group specific and Analyze the accounting entry created.
7. Simulation: How to check the configuration for Splitting Price Differences
8. Simulation: Post Price Differences: Variance Categories of Production Order

Central Finance     

1. Overview on OSS notes to be Implemented in Source System and Central Finance System
2. Overview on Business Functions to be Activated for Central Finance
3. Overview on Central Finance Architecture
4. Overview on Interfaces in Central Finance
5. Overview on Master Data Governance (MDG)
6. Configure Settings for Central Finance
   • General Settings
   • Mapping
   • Initial Load Settings
7. Overview on tables set up in SLT
8. Simulation: Initial Data Loading
9. Simulation: Replicate FI and CO Master Records from source system to Central Finance system
10. Simulation: Replicate FICO documents, Only CO document and Cost Objects (Internal Orders, Maintenance Orders, Process Orders)
11. Simulation: Replicate Document Changes, Reversal, Payment Document
12. Simulation: Replicate Accounting Document from P2P cycle and OTC cycle and analyze the results
13. Simulate: Document splitting test Cases from source system (Where New G/l was not activated) to Central Finance
14. Overview on Application Interface Framework (AIF)
15. How to Monitoring and Error Handling in AIF

Updated on 05 April, 2023