Courses

What is Financial Accounting in S4/HANA (SAP FI on S4/HANA)?

Financial Accounting in SAP S/4HANA (SAP FI) is a core module that manages the organization’s financial transactions and reporting requirements. It is designed to record, track, and analyze financial data in real-time, providing accurate and timely information for decision-making, compliance, and financial reporting purposes.

Financial accounting in SAP S/4HANA provides a comprehensive solution for managing financial processes, optimizing financial performance, and ensuring compliance with regulatory standards. It enables organizations to streamline their accounting operations, improve financial transparency, and make informed decisions based on real-time insights.

Financial Accounting in SAP S/4HANA (SAP FI Training & Certification)

What does this course have to offer?

  • Goals
  • Audience
  • Prerequisites
  • Version
  • Content
Goals

Goals

This course will prepare you to configure and use core functions of Financial Accounting:

  • General Ledger Accounting
  • Accounts Receivable
  • Accounts Payable

Become familiar with the configuration and usage of Asset Accounting and Closing Operations

Audience

Audience

  • General business knowledge about finance and accounting processes
  • 0 to 4 years of experience in finance or accounting management
  • Fresh commerce, accounting and finance graduates or post graduates.
  • Good Communication Skills is a must.
Prerequisites

Prerequisites

  • Basic Business knowledge in finance and accounting processes
  • Business Processes in Financial Accounting in SAP S/4HANA (S4F10)
Version

Course based on software release

  • SAP S/4HANA 2021
Content

Content

What will you learn?

Financial Accounting in SAP S/4HANA | TS4F01 

  • Financial Accounting Organizational Units
  • Financial Accounting Master Data
  • Financial Document Control
  • Financial Document Postings
  • Automatic Payment Processing with clearing of open items
  • Automatic Dunning Processing for creating dunning notices
  • Correspondence
  • Special G/L transactions and document parking
  • Validations and substitutions in Financial Accounting
  • Archiving in Financial Accounting
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Financial Accounting in SAP S/4HANA | TS4F02

  • Organizational structures, master data, and business processes in Asset Accounting
  • Chart of depreciation, depreciation area, asset classes, master data, asset transactions, valuation, periodic processing, investment support measures, information system, and asset legacy data transfer
  • Overview of month and year-end accounting processes in Financial Accounting Balance sheet and P&L
  • Preparatory closing postings in subledgers and the general ledger
  • Financial Closing Cockpit
  • Configuration of periodic closing in Financial Accounting
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Related Courses

Management Accounting in SAP S/4HANA (SAP CO Training & Certification)

Management Accounting in SAP S/4HANA (SAP CO Training & Certification)

This program is aimed toward new consultants who want to obtain a broad and deep knowledge of Management Accounting in SAP S/4HANA.

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