Financial Contract Accounting Course Overview

Financial Contract Accounting Course Overview

### Course Overview: Financial Contract Accounting (BR240)

The Financial Contract Accounting (BR240) course offers an in-depth exploration of SAP S/4HANA Financial Contract Accounting (FI-CA). Throughout the course, you'll learn to describe and configure processes such as account determination, payment runs, and dunning procedures. You will also gain hands-on experience with tasks like document management, interest calculation, and installment plan posting. Master essential FI-CA techniques for managing payment procedures, returns processing, and security deposits. By the end, you'll have a comprehensive understanding of SAP Fiori, billing, and revenue innovation management, equipping you with the skills needed to optimize financial contract accounting in real-world scenarios.

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Target Audience for Financial Contract Accounting

Introduction: The Financial Contract Accounting course (BR240) by Koenig Solutions is designed for professionals involved in SAP S/4HANA financial processes and SAP Billing and Revenue Innovation Management.


Target Audience:


  • Application Consultant
  • Technology Consultant
  • Business Process Architect
  • Business Process Owner/Team Lead/Power User
  • Solution Architect
  • Trainer
  • User
  • SAP Project Managers
  • SAP Support Specialists
  • Financial Analysts
  • IT Managers
  • System Administrators
  • Accountants and Financial Controllers
  • SAP Implementation Team Members
  • SAP Functional Consultants
  • ERP Consultants


Learning Objectives - What you will Learn in this Financial Contract Accounting?

Financial Contract Accounting Course (BR240) - Learning Objectives and Outcomes

The Financial Contract Accounting course (BR240) by SAP empowers participants with comprehensive knowledge of SAP S/4HANA, SAP Billing, and Revenue Innovation Management (BRIM), and key financial accounting concepts essential for robust financial management.

Learning Objectives and Outcomes:

  • Introduction to SAP S/4HANA

    • Explain SAP HANA and SAP S/4HANA
    • Describe SAP Billing and Revenue Innovation Management (SAP BRIM)
    • Explain SAP Fiori Application and Tools
  • Master Data

    • Explain FI-CA master data objects
  • Documents

    • Outline the document lifecycle
    • Explain the document structure
    • Integrate with the general ledger
    • Explain segment reporting in the general ledger
    • Use Account Balance Display
  • Account Determination

    • Describe transactions in FI-CA
    • Configure FI-CA account determination
    • Configure FI-CA tax determination
  • Payment Procedures

    • Explain FI-CA payment procedures
    • Process payment lots and check lots
    • Process clarification cases
    • Work with the cash desk and cash journal
  • Payment Runs

    • Explain

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