What is SAP S/4HANA Finance 2021 Training?
The SAP S/4HANA Finance 2021 Training is designed to give Learners an in-depth understanding of SAP S/4HANA Finance, the latest version of SAP's next-generation ERP solution. This course focuses on configuring, implementing, and managing financial processes, leveraging S/4HANA's innovative capabilities for real-time data processing and advanced analytics.
Learners will gain hands-on experience in financial accounting, controlling, treasury, and reporting functionalities. The training also covers S/4HANA-specific features like Universal Journal, predictive analytics, and Fiori user experience, preparing learners to optimise financial operations and decision-making.
This comprehensive 5-day SAP S/4HANA Finance 2021 Training Course by Oakwood International empowers professionals to manage financial tasks efficiently while aligning with the latest industry trends and SAP innovations.
Course Objectives
- To understand the fundamentals of SAP S/4HANA Finance 2021
- To learn how to configure and implement S/4HANA financial modules
- To master the Universal Journal and its impact on financial processes
- To manage financial accounting, controlling, and treasury operations
- To explore predictive analytics and real-time reporting functionalities
- To leverage Fiori apps for an enhanced user experience
- To ensure compliance with global financial regulations and standards
Upon completion, Learners will have the skills to harness SAP S/4HANA Finance's full potential, contributing to their organisations' financial efficiency and strategic growth.
Course Outline
SAP S/4HANA Finance 2021 Training
Module 1: Introduction to SAP S/4HANA
- SAP S/4HANA with the Activate Methodology
- SAP S/4HANA Overview
- Conversion Journey (Greenfield and Brownfield)
- Activate Methodology
- Moving to the Universal Journal
Module 2: Financial Accounting in SAP S/4HANA
- Overview of Financials for SAP S/4HANA
- Purpose and Functions of SAP S/4HANA and SAP HANA
- Benefits of SAP S/4HANA
- Functions and Purpose of SAP FIORI
- Financials to SAP S/4HANA Migration
- Asset Accounting
- Create and Maintain Depreciation Area and Chart of Depreciation
- Asset Classes and Asset Master Data
- Perform and Configure FI-AA Business Processes (SAP System)
- Set Up Valuation and Depreciation
- Perform Year-End and Periodic Closing Processes
- Parallel Accounting Configuration
- Accounts Payable and Accounts Receivable
- Creating and Maintaining a Business Partner
- Posting Invoices, Payments, and Use of Special General Ledger Transactions
- Reversing Payments and Invoices
- Block Activities with Business Partners
- Control Partial Payments and Configure Payment Programme
- Customer-Vendor Relationships
- Integration with Sales and Procurement
- General Ledger Accounting
- Creating and Maintaining General Ledger Accounts
- Exchange Rates
- House Banks and Bank Master Data
- Create and Reverse General Ledger Posting Transaction
- Cross-Company Code Transactions
- Create Segments and Profit Centres
- Clear an Account
- Use Chart of Accounts
- Maintain Tax Codes, Post Documents, and Tolerance with Document Splitting
- Financial Closing
- Perform Year-End Closing and Month-End Closing in Financial Accounting
- Create Profit/ Loss Statements and Balance Sheet
- Accrual Documents with Post Accruals and Recurring Entry Documents
- Manage Posting Periods
Module 3: SAP S/4HANA
- Architecture Overview of Financials in SAP S/4HANA
- Central Finance Solution
- Central Finance
- Cockpit Migration
- Activation of FIORI Apps
- Cash Management by SAP HANA
- Approaches to Data Migration
Module 4: Delta Changes from SAP S/4Hana 1909 to 2021
- New FIORI Apps
- Group Report for Intercompany Reconciliation and Posting
- Data Migration Approaches
- Digital Payments
- Predictive Accounting
- Reporting and Revenue Accounting
- New Treasury Management Analytics
- Financial Accounting with Treasury Management
Module 5: Treasury and Risk Management
- Business Processes in Treasury and Risk Management
- Integration Scenarios
- General Topics in Treasury and Risk Management
- Master Data
Included
Included
- No course includes are available.
Offered In This Course:
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Video Content
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eLearning Materials
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Study Resources
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Completion Certificate
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Tutor Support
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Interactive Quizzes
Learning Options
Discover a range of flexible learning options designed to meet your needs. Select the format that best supports your personal growth and goals.
Online Instructor-Led Training
- Live virtual classes led by experienced trainers, offering real-time interaction and guidance for optimal learning outcomes.
Online Self-Paced Training
- Flexible learning at your own pace, with access to comprehensive course materials and resources available anytime, anywhere.
Build your future with Oakwood International
We empower you with the skills, knowledge, and confidence to excel in your career. Join us and take the first step towards realising your professional goals.
Frequently Asked Questions
Q. What topics are covered in the SAP S/4HANA Finance 2021 Training?
The course covers financial
accounting, controlling, treasury, Universal Journal, real-time analytics,
Fiori apps, and integration with other modules.
Q. How can this training benefit my career?
Mastering SAP S/4HANA Finance
2021 enhances your expertise in cutting-edge financial solutions, positioning
you for advanced finance and ERP management roles.
Q. Is SAP S/4HANA Finance suitable for all industries?
Yes, SAP S/4HANA Finance is
designed to cater to various industries, offering scalability and flexibility
for diverse financial requirements.
Q. What support is provided during the training?
Learners receive comprehensive study materials, hands-on exercises, and expert instructor guidance to ensure effective learning and practical application.
Q. Is this course suitable for beginners?
Yes, the course is designed for
professionals at all levels. It starts with foundational concepts and
progresses to advanced S/4HANA Finance functionalities.