• Participant will be able to navigate the SAP ERP environment, gain better understanding of global best practice on SAP ERP End Financial Accounting (FI) Business Processes, Functionality and Customization with hands-on experience.

• Understand and execute task involved in the End-to-End Financial Accounting Business Processes.
• Define, map and configure relevant organizational elements used in Financial Accounting.
• Confidently configure all necessary Settings and Functionalities for implementing SAP ERP Financial Accounting Business Processes.
• Explain integration with other SAP components.
• Support decision makers responsible for implementing the system.
• Train users at all levels
• Carry out Unit, Integration, Regression and UAT Tests.
• Properly support and resolve Users issues.
• Monitor and evaluate SAP ERP Financial Accounting Best Practice.
• This skill will put you ahead of colleagues (competitors) and position you as probably a first choice for promotion if your organization currently runs on SAP.
• It increases your value in the labor marketplace; it gives you an edge during interviews.
• Increased Earnings.
• You will be added to our Job Placement Assistance List for possible job hiring by organizations that require SAP ERP Users.

• Navigation
• SAP ERP System Wide Concept
• SAP System Landscape
• Overview of Financial Accounting

• Map the accounting structure of a company in SAP ERP.
• Explain the Functionality and Customize of Company, Company Code, Business area, Chart of Accounts and do the necessary assignments required for FI.
• Create and assign fiscal year variants, Define variants for Open Posting Periods, Open and Post Periods, Assign Posting Period Variant to Company Code.
• Define currencies. Configure and test validations and substitutions.
• Set up document types and number ranges.
• Utilize and explain posting keys.

• Create and maintain general ledger accounts.
• Maintain exchange rates.
• Maintain bank master data and Define house banks.
• Create and reverse general ledger transfer postings.
• Post cross-company code transactions.
• Create profit centers and segments.
• Clear an account.
• Use document parking.
• Define and use a chart of accounts.
• Maintain tolerances.
• Maintain tax codes.
• Perform postings with document splitting.
• Parallel accounting with the accounts and ledger approach.

• Create and maintain customer accounts and Master Record (Accounting View).
• Post invoices and reverse and payments and use special g/l transactions.
• Manage partial payments.
• Define terms of payment and payment types.
• Set up correspondence and send periodic account statements.
• Understand integration with sales and distribution.
• Create special g/l indicators and post with special g/l indications.

• Create and maintain vendor accounts and Master Record (Accounting View).
• Post and reverse invoices and payments and use special g/l transactions.
• Manage partial payments.
• Block open vendor invoices for payment.
• Configure and use the payment program.
• Define the customizing settings for the Payment Medium Workbench.
• Create a payment medium using the PMW.
• Use the debit balance check for handling payments Set up dunning and execute dunning.
• Define terms of payment and payment types.
• Explain the connection of customers to vendors.
• Understand integration with procurement.
• Create special g/l indicators and post with special g/l indications.

• Create and maintain chart of depreciations and the depreciation areas.
• Create and maintain asset classes and asset master data.
• Configure and perform FI-AA business processes in the SAP System.
• Setup valuation and depreciation.
• Perform periodic and year-end closing processes.
• Explain and configure parallel accounting (with the accounts solution).

• Perform month and year-end closing in Financial Accounting (exchange rate valuation, post provisions etc.).
• Create balance sheet and profit and loss statements. Monitor closing operations using the Financial Closing Cockpit.
• Post accruals with accrual documents and recurring entry documents.
• Manage posting periods.

• Create evaluations in the information system.
• Customize the accounts receivable/accounts payable information system.
• Use drilldown reporting.

• Explain the ASAP Methodology and the deferent phases.

Cost: 400000 NGN

Duration: 8 Days

Cost: 3995 USD

Duration: 5 Days

• Identifying the relationship between cash flow and profit
• Development of an integrated cash flow model
• Recognizing it’s all about cash
• Understanding the relationships between the 3 main accounting statements.

• How the P&L has changed over the last 25 years
• Detailed review of the Profit and Loss Account
• Profit types - trading, asset and business
• Inventory, Depreciation, Capitalised interest
• Minority interests and consolidation
• Exceptional and material items

• Detailed review of the Balance Sheet
• Understanding the fixed assets note
• Accounting goodwill – what is it?
• Liabilities, pension fund accounting
• Debt and other liabilities like debt
• Deferred tax, contingent liabilities

• Detailed review of the Cash Flow Statement
• Analyzing and interpreting cash flows
• Summarizing cash flows for analysis
• Cash Flow Analysis
• Defining free cash flow

• Objectives of ratio analysis
• Developing ratio analysis skills
• Understanding the classic ratios
• How much information is there in ratios?
• Ratio rules – avoiding errors of principle

• Introduction to capital budgeting
• Discounted cash flow techniques
• Calculating the internal rate of return

• Understanding the indicators & signals
• Implications of macro-economic change for Investors, Banks and Businesses

• The relationship between business risk & financial risk
• The four phases of the corporate life-cycle
• Identifying appropriate funding structures
• Recognizing the drivers of funding strategies

• Introducing credit analysis frameworks
• Financial analysis - review of the issues
• Non-financial analysis – Developing a framework

• Strategy analysis - what is strategy/business risk?
• Overview of strategy terminology and concepts.

• SWOT/Environmental analysis
• Porters five forces
• Boston portfolio matrix
• Environments matrix

Cost: 3995 USD

Duration: 5 Days

Cost: 4690 USD

Duration: 7 Days

Cost: 3995 USD

Duration: 5 Days

• Identify the functions of accounting information in decision making process
• Explain elements of financial statements
• Conduct basic analysis of financial performance
• Use accounting information for decision making

• Role of accounting in making decisions
• Classifying accounting information
• Balance sheet
• Income statement
• Cash flow statement
• Notes to financial statements
• Introduction to analysis techniques and analysis benchmarks
• Fraud and its minimization techniques
• Financial data audit
• Controlling manager's authority
• Profitability, liquidity, business cycle, financial risk
• Accounts role in business development

Cost: 3195 USD

Duration: 3 Days