SAP FICO Training (S/4HANA Finance)

Lay the organisational foundation every finance posting depends on, because getting this wrong is expensive to unwind later.

• Company, company code and the difference that matters
• Business area, segment and profit centre basics
• Fiscal year variants and shortened fiscal years
• Posting periods and the period-open workflow
• Field status variants and field status groups
• Document types and number ranges
• Currencies, exchange rate types and translation
• Client, chart of accounts and controlling area assignment

Understand what changed in S/4HANA with ACDOCA and configure the ledger that everything else posts into.

• The Universal Journal (ACDOCA) and why line items merged
• Chart of accounts: operating, group and country
• G/L master data and account groups
• Ledgers, parallel accounting and extension ledgers
• Document splitting and the splitting characteristics
• Posting keys and automatic postings
• Recurring entries, accruals and reversals
• Open item management and clearing

Run the vendor side end to end, from master data through the payment programme to reconciliation.

• Business partner and the vendor role in S/4HANA
• Reconciliation accounts and special G/L
• Invoice and credit memo posting (FB60, FB65)
• Payment terms, cash discount and tolerance groups
• The automatic payment programme (F110)
• Payment methods, house banks and bank determination
• Down payments and vendor clearing
• AP reporting, ageing and open item analysis

Configure the customer side that the sales process posts into, including dunning and credit control.

• Business partner and the customer role
• Customer invoices and credit memos (FB70, FB75)
• Incoming payments and partial or residual clearing
• Dunning procedure, levels and dunning run
• Credit control area and credit limits
• Interest calculation on arrears
• Customer down payments and security deposits
• AR ageing, DSO and collections reporting

Set up the sub-ledger for fixed assets and run a full asset lifecycle without breaking depreciation.

• Chart of depreciation and depreciation areas
• Asset classes, account determination and screen layouts
• Asset master data and sub-numbers
• Acquisition: direct, with PO and with AuC
• Depreciation keys, methods and the depreciation run
• Transfers, retirements and scrapping
• Asset under construction and settlement
• Year-end asset closing and the asset history sheet

Connect SAP to the bank so statements post and clear automatically instead of by hand.

• House banks, bank accounts and bank account management
• Electronic bank statement (MT940, CAMT.053)
• Posting rules, transaction types and search strings
• Manual bank statement and lockbox basics
• Cash journal configuration and use
• Bank reconciliation and clearing differences
• Payment medium workbench basics
• Cash position and liquidity forecast overview

Move from statutory accounting to management accounting so the business can see where money is really made.

• Controlling area, operating concern and number ranges
• Cost element accounting in the S/4HANA model
• Cost centre hierarchy, planning and actual postings
• Assessment, distribution and periodic allocations
• Internal orders: real, statistical and settlement
• Profit centre accounting and transfer pricing basics
• Margin analysis (account-based CO-PA) in S/4HANA
• Product costing overview and where it meets PP

Finish the cycle: close the books, produce the statements, and see how FI is fed by MM and SD.

• Month-end and year-end closing checklists
• GR/IR clearing and the automatic account determination behind it
• FI to MM integration: OBYC and movement types
• FI to SD integration: revenue account determination
• Foreign currency valuation and translation
• Financial statement version and balance sheet reporting
• Fiori apps and embedded analytics for finance
• Audit trail, document flow and drill-down reporting