SAP Simple Finance Training

SAP Simple Finance (S/4 HANA Finance) is the new ERP Financial Solutions portfolio built for SAP
HANA, allowing real-real-time analytics at most granular level across all financial dimensions.
With SAP S/4HANA Finance, you can create a common view of all financial and operational data,
provide flexible, easily consumable reporting, automate processesand instantly evaluate the
financial implications of business options with real-time analytics, prediction, and simulation, all with
a beautiful user experience.

SAP Simple Finance Course Contents

Introduction to S/4 HANA and Simple Finance

Overview of SAP HANA

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 and Architecture

HANA Deployment Options
On-Premise Deployment
Difference between the two cloud services (HEC vs HCP)
HANA Architecture Overview
SAP HANA Architecture

Overview of Simple Finance

Functionality and benefits of SFIN
Deployment Options for SFIN
Licencing 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
Whats changed with Simple Finance
Existing Custom Programs and Interfaces
Prima Nota

Central Finance
Interfaces for Central Finance
Central Finance Instance
External System information
Central Finance Implementation
Key components for installation

GL and Cost Elements

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

Managing Ledgers
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

New Asset Accounting

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 Module in Simple Finance

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

Cash Management
Function of Cash Operations
Function of Bank Account Management
Function of Liquidity Management
Fiori Apps for Cash Management

Integrated Business Planning for Finance (IBPF)

IBPFs role
Pre-requisites for Installing IBPF
Benefits of using IBPF
How IBPF works

Migration to Simple Finance Add-on

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

Project Preparation Phase Activities
Whats 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
Installation Phase Activities

Customization Phase General Ledger

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

Customization Phase Asset Accounting (New)

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)

Customization Phase Controlling

Execute BW-Delta extraction for Account-based CO-PA
Adapt Settings for the Change of Profitability Segment Characteristics
Maintain Operating Concern

 Maintain Operating Concern Banking Add-on

Activate Account-based Profitability Analysis

Data Migration Phase

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

Post Processing Phase

Transfer Application Indexes
Fill Due Dates in FI Documents
Fill the Offsetting Account in FI Documents
Migrate House Banks

Reporting Options
Traditional SAP ERP Reports
SFIN Reports
HANA LIVE Reports
Fiori Apps

Preparing for Certification

How to book for the exam
Preparing for the online proctored exam
What contents will be quizzed upon
Sample questions and answers