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Course Outline
Introduction to SAP S/4HANA and Financials
- Architecture overview of SAP S/4HANA
- Major innovations in SAP S/4HANA for Finance
- Fiori applications for financial processes
- The Universal Journal: A single source of truth for financial and managerial accounting
Financial Accounting (FI) Overview
- Overview of the FI module in SAP S/4HANA
- General Ledger (GL) Accounting
- Accounts Payable (AP) and Accounts Receivable (AR)
- Asset Accounting and its integration with FI
- Key differences between ECC and S/4HANA for FI processes
Management Accounting (CO) Overview
- Overview of the CO module in SAP S/4HANA
- Cost Element Accounting and its integration with FI
- Cost Center Accounting and Profit Center Accounting
- Internal Orders and their management
- Profitability Analysis (CO-PA)
Key Integrations with Other SAP Modules
- Integration of FI with Sales and Distribution (SD) and Materials Management (MM)
- Financial Supply Chain Management (FSCM)
- Treasury and Risk Management in SAP S/4HANA
- Overview of Financial Consolidation tools
Financial Closing and Reporting
- Financial close processes in SAP S/4HANA
- Key Fiori apps for monitoring financial close
- Introduction to financial statements in SAP S/4HANA (Balance Sheet, Profit & Loss)
- Consolidation using Group Reporting tools
Planning and Budgeting in SAP S/4HANA
- Overview of Integrated Business Planning (IBP) for finance
- Budgeting and forecasting processes
- Real-time planning and analysis using SAP Analytics Cloud (SAC)
- Financial planning leveraging embedded analytics
SAP Central Finance
- Introduction to SAP Central Finance
- Use cases and benefits of Central Finance
- Real-time replication of financial data from other SAP and non-SAP systems
- Implementation considerations for Central Finance
Key Innovations and Future Trends in SAP Financials
- Machine Learning and AI in Finance (automation of financial processes)
- Predictive accounting and reporting
- Advanced Analytics for financial insights
- Emerging trends in digital finance
Summary and Next Steps
Requirements
- Fundamental knowledge of finance and accounting principles
Target Audience
- Finance professionals
- Business analysts
14 Hours
Testimonials (2)
It was straight to the point and more practical
Lungelo Ndlela - SNG Grant Thornton
Course - SAP S/4 Hana (S/4Hana)
His calm and collected voice even though at points he was frustrated with the system, but kept his cool…