SAP Simple Finance Online Training

SAP Simple Finance Course Overview

I offer SAP Simple Finance Online Training with latest version and updates. As I am a real time consultant I bring all my experience into my training so as to give my students the best education. My training includes the complete SAP HANA Finance configuration step by step. This course will prepare you to work on SAP S/4 HANA Finance implementation/Migration projects independently. 

It will also help you to pass Certification exam conducted by SAP® AG, as our course covers 100 % of the certification exam’s content, assisted with multiple certifications based online mock tests. 

I don’t provide false guarantees on securing any SAP based jobs for you; however, I have a history of a good number of alumni students who have got excellent jobs in SAP domain from my training, implementation of case studies projects and post-training support.

Course Duration: 30 Hours

What is SAP Simple Finance?

SAP S/4HANA Finance, popularly known as SAP Simple Finance is a standard product for SAP ERP. Its growing solutions for Financial Management & Accounting, are highly demanded by top financial organizations worldwide. SAP S/4 HANA Finance is one of the most important modules of SAP used by top financial companies all over the world where you learn important functionalities such as SAP ERP systems, develop and manage HANA Data Base and understand HANA analytics & cloud solutions.

SAP S/4 HANA Finance creates financial and operational data for any organization. It also helps to automate the process and evaluates all financial implications with real-time analytics and predictions, therefore, helps the business run professionally in a digital economy.

Why Simple Finance?

This application offers planning, consolidation, accounting and compliance. SAP Accounting powered by HANA and SAP Cash Management powered by HANA covers all financial aspects of the organisation like Financial Accounting, Management Accounting, Bank Management Accounting, Profitability Analysis& Bank ledger Accounting etc.

Objectives of the SAP S/4 HANA Training course

• Understand SAP S/4 HANA Finance Solution, SAP Analytics
• Provide real-time insights into Finance process
• Learn to prepare and configure S/4 HANA for migrating Add-ons
• Learn Simple Finance with and without migration
• Master planning with Warehouse Management
• Learn simple user interface

Course Prerequisite

• Associate certification level knowledge of the SAP ERP Financial Modules
• Basic knowledge of Financial Accounting (including Asset Accounting) and Management Accounting
• Adequate knowledge of a few basic concepts like General Ledger Accounting, Accounts Receivables, Accounts Payable etc.

Curriculum

1.SFIN – Simple Finance

1:1 Introducing SAP HANA

1:2 Introducing SAP S4 HANA

1:3 Outlining SAP Simple Finance

2. Overview of the Simple Finance Add-On

2:1 Providing Technical Overview of the Implementation Prerequisites

2:2 Describe the Architecture of the Simple Finance

2:3 Analyzing the universal Journal

2:4 Analyzing the Central Finance

2:5 Providing an overview of Reporting Options

2:6 Introducing SAP Fiori

2.7 Simple Finance Central Finance

3. Migration to the SAP Simple Finance On-Premise Edition

3:1 Explaining the Migration Process for the SAP Simple Finance On-Premise Edition

3:2 Analyzing the Migration process per system starting point

3:3 Simulation: Display financials tables before migration

3:4 Preparing for Migration to and installing the SAP Simple Finance On-Premise Edition

3:5 Simulation: Perform System checks before migrations

3:6 Configuring General ledger Accounting

3:7 Simulation: Configure General Ledger accounting for Migration

3:8 Configuring new Asset Accounting

3:9 Simulation: Configure Asset Accounting ( new ) for migration

3:10 Migration to new Asset Accounting

3:11 Simulation: Activate new Asset Accounting

3:12 Customizing Controlling ( Accounting Based CO-PA )

3:13 Simulation: Configure Controlling for Migration

3:14 Migration to the Universal Journal

3:15 Simulation: Perform checks and data enrichment

3:16 Finalizing the Migration

3:17 Simulation: Perform and Finalize the migration

3:18 Simulation: Perform activities after migration

3:19 Simulation: Execute HANA optimized reporting transactions

3: 20 Simulation: Create an Appendix Ledger and post a journal to it

4. The result of Migration to the SAP Simple Finance On-Premise

4:1 New Asset Accounting

4:2 Simulation: Create an asset and post an asset acquisition

4:3 Simulation: Post a partial asset scrapping and simulate a depreciation run

4:4 Explain the Results of Migration

4:5 Simulation: Perform internal order settlement

4:6 Simulation: Configure and test CO=PA characteristic derivation

5. General Ledger Accounting

5:1 GL Accounts and Cost Elements in SAP Accounting powered by HANA

5:2 Simulation: How to create a primary Cost Account

5: 3 Simulation: Create a Secondary Cost Account

5:4 Simulation: How to create an asset account as a statistical cost element

5:5 Simulation: Create default account assignment

5:6 How to use the period lock transactions

5:7 Managing Ledgers in SAP Accounting powered by SAP HANA

5:8 Simulation: Post-secondary cost to Financial Accounting

5:9 Simulation: Create an appendix ledger and post a document to it

6. Asset Accounting

6:1 Providing an Overview of new Asset Accounting Functions

6:2 Simulation: Create Assets

6:3 Posting Logic in New Asset Accounting

6:4 Simulation: Posting Integrated Asset Acquisitions

6:5 Simulation: Post partial scrapping to an asset

6:6 Simulation: Post partial scrapping to an asset

6:7 Simulation: Execute a depreciation posting run and analyzing the log

6:8 Simulation: Manage Depreciation Runs

6:9 Configuring new Asset Accounting

7. Management Accounting

7:1 Understanding the new Architecture of Management Accounting

7:2 Simulation: How to check the configuration of the integration CO > FI

7:3 Explaining CO-PA and ML in SAP Simple Finance

7:4 Simulation: How to check the configuration of the operation Concern

7:5 Simulation: How to check the customizing for the Cost of Goods Sold split

7:6 Simulation: Post and analyze the cost of Goods Sold splitting

7:7 Simulation: Process purchase to invoice ( Material Ledger update )

7:8 Outlining new period Closing Programs for Management Accounting

7:9 Simulation: How to check the configuration for splitting price differences

7:10 Simulation: post Price Difference – Variance Categories of Production Order

8. Further Simple Finance Integration

8:1 Providing an overview of Cash management Functions

8: 2 Simulation: Mange House Bank Accounts

To add some more value to your profile, this topic will help you to understand what has been changed from the Logistics point of view

·         FSCM Credit Management

·         FSCM Collection Management

·         FSCM Dispute Management