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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

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