Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02 Course Overview

To ensure that participants can successfully comprehend and engage with the curriculum of the Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02 course, the following prerequisites are recommended:

• Basic understanding of financial accounting principles and practices.
• Familiarity with the general concepts of enterprise resource planning (ERP) systems.
• Exposure to SAP ERP Financials or SAP S/4HANA Finance, either through direct experience or by having completed introductory SAP Financials training.
• Knowledge of business processes in the area of financial accounting and management accounting within an organization.
• Ability to navigate the SAP S/4HANA user interface.
• Prior completion of the Financial Accounting in SAP S/4HANA - Academy Part I course, or equivalent knowledge, is highly beneficial for a seamless learning experience.

Please note that these prerequisites are set to ensure that all participants have a foundation upon which to build the more complex topics covered in the course. They are not intended to exclude interested learners but to provide a guideline for the knowledge base that will enable them to get the most out of the training.

Target Audience for Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02

The Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02 course is designed for professionals dealing with SAP's financial modules, aiming to enhance their expertise in S/4HANA.

Target Audience for the Course:

• Financial Accountants and Managers
• SAP Financial Consultants
• SAP CO (Controlling) Consultants
• SAP S/4HANA Finance Implementation Team Members
• SAP Technical & Functional Analysts in Finance
• Financial Controllers
• Accounts Payable/Receivable Managers
• Asset Accountants
• Cost Accountants
• Management Accountants
• Financial Analysts
• Profit Center Managers
• Internal Auditors
• IT Professionals transitioning to finance roles within SAP-enabled enterprises
• SAP End-Users involved with finance-related tasks
• Professionals seeking to update their skills to S/4HANA's financial accounting functions

Learning Objectives - What you will Learn in this Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02?

Introduction to Course Learning Outcomes and Concepts:

The Financial Accounting in SAP S/4HANA - Academy Part II - TS4F02 course equips learners with advanced skills in financial accounting and controlling within the SAP S/4HANA environment, focusing on configuration, processes, and reporting.

Learning Objectives and Outcomes:

• Understand the foundational elements and configuration steps for Financial Accounting (FI) in SAP S/4HANA.
• Gain proficiency in SAP S/4HANA Controlling (CO) basics and learn how to manage cost accounting operations.
• Configure and manage basic settings for financial operations, including company codes and fiscal year variants.
• Master the concepts and processes for Cost Element Accounting, including the creation and management of cost elements.
• Learn the intricacies of Asset Accounting and how to manage fixed assets within SAP S/4HANA.
• Develop skills for creating financial reports and customizing them to meet specific organizational requirements.
• Acquire knowledge on setting up and managing Cost Centers and understand their role in cost tracking and control.
• Learn about Profit Centers, their configuration, and how they are used for internal financial reporting.
• Understand how to use Internal Orders for detailed tracking of costs and internal budgeting purposes.
• Gain insights into Product Costing to calculate manufacturing costs and evaluate cost efficiency.
• Explore Profitability Analysis (CO-PA) to analyze market segments and assess profit contributions within the company.