SAP S/4HANA Finance 1809 Certification Training

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SAP S/4HANA 1709 in finance was based on various inventions like enhanced real-time accounting and closing capabilities, embedded analytics capabilities, advanced cloud apps on the SAP cloud platform and the first Machine Learning scenario for Finance. SAP S/4HANA 1809 finance, which was released in 2018, includes new and enhanced functionalities in the finance field. SAP S/4HANA Finance 1809 is software which comprises various intelligent financial processes. It is used in managing the accounting and financial activities in a business. This software solution comprises various intelligent financial processes that attend to important financial aspects such as treasury management, financial planning & analysis, accounting financial close, compliance & risk, and central finance.

Organizations across the globe are now hiring the SAP HANA certified professionals to restructure their business models by fact-based decision making. A business cannot stand and survive without an efficient finance department. That's why, there is a lot of emphasis on this aspect in any business, irrespective of the industry. With the growing complexity of business operations and a dynamic business environment, financial operations have also turned complex and difficult to manage. Today's businesses face the challenge of effectively managing the finances in a market that is unpredictable and in a constant state of flux. Thus, SAP®, which is known for its effective ERP and CRM software for businesses, has introduced SAP S/4HANA Finance 1809.

Upon the completion of this course, the candidates will be able to:

  • Describe the architecture of SAP S/4HANA Finance 1809;
  • Configure and make use of new functionalities SAP S/4HANA Finance 1809;
  • Explain the SAP central finance deployment option of this software; and much more
Target Audience
  • Application Consultants
  • Accounting Professionals
  • Business Analysts and Consultants
  • Project Managers
  • Business Process Architects
  • Chartered Accountants; CPAs, CMAs
  • SAP FICO Consultants
  • Basic Knowledge of Financial Management & Business Processes
  • Familiarity with basic concepts of AC200 such as Accounts Payable, Accounts Receivable, Ledger Accounting

Module 1: Finance Migration To SAP S/4HANA

Unit 1: Journey to SAP S/4HANA with the Activate Methodology

  • Introducing SAP S/4HANA
  • Outlining the Conversion Journey

Unit 2: Preparation for Migration to SAP S/4HANA

  • Explaining the Migration Process
  • Analyzing the Migration process per system starting point
  • Preparing for Migration to SAP S/4HANA
  • Preparing for Business Partner Adoption
  • Describing the SAP S/4HANA Installation Phase

Unit 3: Customizing Financials in SAP S/4HANA

  • Configuring General Ledger Accounting
  • Configuring new Asset Accounting
  • Migrating to new Asset Accounting
  • Customizing Controlling for Account Based CO-PA
  • Preparing for Migration Material Ledger
  • Preparing for Migration of House Bank Accounts
  • Preparing for Migration of Credit Management

Unit 4: Migration to SAP S/4HANA

  • Migrating to the Universal Journal
  • Finalizing Migration and Post Processing Business Partner
  • Performing Post Migration Activities

UNIT 5: Additional Topics for Migration

  • Explaining Business Downtime Reduction with Near Zero Downtime (NZDT)
  • Explaining the Results of Migration
  • Using new Asset Accounting

Module 2: Management Accounting In SAP S/4HANA

Unit 1: Overview of Financials for SAP S/4HANA

Unit 2: Organizational Structure and Master Data in Management Accounting

  • Understanding the New Architecture of Management Accounting in SAP S/4HANA Managing the Organizational Structure
  • Analyzing the Reporting Options
  • Introducing SAP Fiori
  • Understanding the new concept of cost elements in S/4HANA Finance

Unit 3: Integrated Business Processes

  • Understanding CO integration with Procurement
  • Understanding CO integration with Sales
  • Understanding CO Integration with Production
  • Understanding Parallel Valuation and Transfer Pricing
  • Understanding Event-Based Revenue Recognition for Projects
  • Understanding Attributed Profitability Segments
  • Planning in Management Accounting

Unit 4: Additional Topics

  • Analyzing the Central Finance Option (optional)
  • Getting an Overview of Product Lifecycle Costing (optional)

Module 3: Financial Accounting In SAP S/4HANA

UNIT 1: Overview of Financials for SAP S/4HANA

  • Explaining the Purpose and Functions of SAP HANA and SAP S/4HANA
  • Describing the new Architecture of Accounting
  • Explaining the Purpose and Functions of SAP Fiori
  • Outlining the Migration of Financials to SAP S/4HANA

UNIT 2: General Ledger Accounting

  • Managing GL Accounts and Cost Elements in SAP S/ 4HANA
  • Managing Ledgers in SAP Accounting Powered by SAP HANA

UNIT 3: Asset Accounting

  • Analyzing the Posting Logic of new Asset Accounting
  • Configuring new Asset Accounting

UNIT 4: Reporting

  • Providing an overview of Reporting Options

UNIT 5: Other Topics

  • Understanding Central Finance
  • Introducing Cash Management powered by SAP HANA

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