Simple Finance (S/4 HANA) – Financial Accounting & Controlling Training

Comprehensive training in Simple Finance covering financial accounting, controlling, asset accounting, and cash management within the S/4 HANA environment. Learn core concepts such as Universal Journal, ledger management, and financial reporting along with real-time business processes.

Course Overview

This SAP Simple Finance (S/4 HANA) course is designed to provide a strong foundation in modern financial management using SAP. It begins with an introduction to SAP HANA and S/4 HANA finance concepts, including the Universal Journal, ledger management, and key changes from traditional SAP ERP systems. You will learn core financial processes such as General Ledger accounting, cost elements, asset accounting, and financial data structures, along with deployment options and system architecture.

The course further covers advanced topics such as controlling (CO), cash management, integrated business planning, and migration from legacy systems to S/4 HANA Simple Finance. You will also explore reporting options using HANA Live and Fiori apps, along with real-time financial insights and analytics. With a focus on practical scenarios and implementation steps, this course prepares you to manage financial operations and support enterprise finance systems effectively

Upcoming Demos

Demo ModuleDemo DateDemo TimeTraining ModeAttend Today!
SAP FICONov-6th9:00 AM (IST)Offline
SAP FIORINov-16th10:00 AM (IST)Online
SAP CPIDec-7th6:00 PM (IST)Offline
SAP MMDec-22nd9:00 AM (IST)Online

Required Skill Set

Module

Pre-Requisite

Qualification

Course Content

  • SAP – Simple Finance Module is a Functional Module of SAP S/4 HANA
    Software.
  • Finance activity or processes of an Organisation is mapped with the
    help of Simple Finance Module in SAP S/4 HANA Version of SAP Software.
  • Professionals who are working in Finance Dept., in various functions can opt for
    Simple Finance Module.
  • Apart from Accounts or Finance Professionals, people
    who are graduated with B.Com, M.Com, CA, ICWA, MBA (Finance) etc.,
  • Degrees can also learn Simple Finance Module and become Simple Finance Consultant in SAP.

Who Can Choose This Course:

ModulePre-RequisiteAcademicsExperience
Simple
Finance
FICOB.ComFinance / Accounts Professional
M.Com
CA
ICWA
MBA (Fin.,)
CMA
  • What is SAP HANA
  • Why you need HANA
  • How it was done before
  • How it works now in HANA
  • Data Replication in HANA
  • HANA Deployment Options
  • On-Premise Deployment
  • Difference between the two cloud services (HEC vs HCP)
  • HANA Architecture Overview
  • SAP HANA Architecture
  • Functionality and benefits of SFIN
  • Deployment Options for SFIN
  • Licensing Options
  • SAP SFIN Software Products
  • Upgrade Paths to SFIN
  • Universal Journal
  • Tables Removed
  • Universal Journal Extensibility
  • Universal Journal Entry
  • Document Numbers (BELNR)
  • Document Numbers compatibility with CO
  • Appendix (Extension) Ledger
  • What’s changed with Simple Finance
  • Existing Custom Programs and Interfaces
  • Prima Nota
  • Interfaces for Central Finance
  • Central Finance Instance
  • External System information
  • Central Finance  Implementatin
  •  Key components for installation
  • General Ledger Master Data
  • Cost Element Master Data
  • Primary Cost Element Creation
  • Secondary Cost Element Creation
  • Fixed Asset Statistical Cost Element Creation
  • FI and CO Period Locks
  • Authorizations for GL Master Data
  • Appendix (Extension) Ledger
  • Appendix Ledger Benefits
  • Appendix Ledger Configuration
  • Level 1: Master Data of Ledger
  • Level 2: Company Code Assignment
  • Level 3: Accounting Principles to Company Code Assignment
  • Table Changes in New Asset Accounting
  • Advantages of New Asset Accounting
  • How posting works with New Asset Accounting
  • Technical Clearing Account
  • Configuring Technical Clearing Account
  • Define How Depreciation Areas Post to GL
  • CO posting changes
  • CO Configurations
  • CO-PA with HANA
  • CO and Material Ledger
  • Period End Closing
  • Technical Changes for CO
  • CO Postings (without Ledger Group vs with Ledger Group) for Interfaces
  • Technical Changes for Material Ledger
  • Material Pricing
  • Function of Cash Operations
  • Function of Bank Account Management
  • Function of Liquidity Management
  • Fiori Apps for Cash Management
  • IBPF’s role
  • Pre-requisites for Installing IBPF
  • Benefits of using IBPF
  • How IBPF works
  • Migration Phases
  • Project Preparation Phase
  • Installation Phase
  • Customizing Phase
  • Data Migration Phase
  • Post Processing Phase
  • Points to Consider
  • Simple Finance Migration
  • Migration from Classic GL to SFIN
  • Project Preparation Phase Activities
  • What’s good about Asset Accounting (New)
  • Checks on pre-requisites for migration to New Asset Accounting
  • Project Preparation – FI-AA (New)
  • Project Preparation – FI, CO, Sub-ledgers
  • Installation Phase Activities
  • Check and Adopt Fiscal Year Variants
  • Migrate General Ledger Customizing
  • Define Settings for Ledgers and Currency Types
  • Define Ledger for CO Version
  • Define Document Types for Postings in Controlling
  • Define Document Type Mapping Variants for CO Business Transactions
  • Check and Define Default Values for Postings in Controlling
  • Define Offsetting Account Determination Type
  • Define Currency Settings for Migration
  • Define Source Ledger for Migration of Balances
  • Execute Consistency Check of General Ledger Settings
  • Activate Business Functions
  • Preparation and Pre-Check
  • Steps in Customizing client
  • Steps in Test and Production client
  • Migrate Chart of Depreciation (CoD)
  • Check Pre-requisites for Activating AA (New)
  • Activate Asset Accounting (New)
  • Adjust Parameters in Chart of Depreciation (Optional)
  • Execute BW-Delta extraction for Account-based CO-PA
  • Maintain Operating Concern
  • Maintain Operating Concern – Banking Add-on
  • Activate Account-based Profitability Analysis
  • COGS splitting flow to Account based COPA
  • Partitioning of Universal Journal Entry Line Items Table
  • Regenerate CDS Views and Field Mapping
  • Migration of Cost Elements
  • Technical Check of Transaction Data
  • Migration – Enrichment of Data
  • Migration of Line Items into data structure
  • Migration of Balances
  • Migration: Calculation of Depreciation and Totals Values
  • Migrate House Bank Accounts
  • Complete Migration
  • Transfer Application Indexes
  • Fill Due Dates in FI Documents
  • Fill the Offsetting Account in FI Documents
  • Migrate House Banks
  • Traditional SAP ERP Reports
  • SFIN Reports
  • HANA LIVE Reports
  • Fiori Apps
  • How to book for the exam
  • Preparing for the online proctored exam
  • What contents will be quizzed upon
  • Sample questions and answers

Job Scope 

Training Mode 

Students 

:-  100 %

:-  Offline / Online 

:-   352

:-   15+ Years

Job Scope  :-  100 %

Training Mode :- Offline / Online

Students  :-  352

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