Course Prerequisites
Minimum Required Prerequisites for IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA (Course Code: S4F73)
To ensure a successful learning experience in the IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA course, learners should meet the following prerequisites:
- Basic Knowledge of SAP S/4HANA: Familiarity with the core functionalities and navigation within the SAP S/4HANA platform.
- Understanding of Financial Accounting: A basic understanding of financial accounting principles and concepts related to IFRS 16 and US-GAAP ASC 842.
- Experience with SAP Real Estate Management: Prior exposure to SAP Real Estate Management solutions can be beneficial but is not mandatory.
- General IT Literacy: Proficiency in using standard computer software and internet browsers for online learning and accessing SAP systems.
Meeting these prerequisites will help ensure that participants can follow the course content effectively and maximize their learning outcomes.
Target Audience for IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA
Course Introduction:
The IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA (S4F73) course is designed for professionals managing lease contracts and financial compliance in SAP environments.
Target Audience:
- Application Consultant
- Business Process Owner
- Team Lead
- Power User
- SAP Functional Consultant
- Real Estate Managers
- Financial Accountants
- Compliance Officers
- IT/System Analysts
- SAP S/4HANA Users
- Lease Administration Professionals
- Corporate Finance Team Members
Learning Objectives - What you will Learn in this IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA?
Introduction
The IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA course equips students with the knowledge to manage lease contracts and comply with IFRS 16 and US-GAAP ASC 842 regulations using SAP S/4HANA solutions.
Learning Objectives and Outcomes
- Describe Contract Management in SAP Real Estate Management for SAP S/4HANA and SAP Fiori.
- Outline Accounting Standards: Understand IFRS 16 and US-GAAP ASC 842 regulations and their impact.
- SAP Contract and Lease Management:
- Describe the solution design and structure of Lease Contracts.
- Explain contract conditions, posting parameters, and periodic posting.
- Contract Valuation Process:
- Outline valuation rules for Lease Payments.
- Process and define Condition Valuation properties.
- Understand Valuation Postings and their implications.
- Change Management:
- Understand contract changes and their impact on valuation.
- Perform and evaluate the effects of contract renewals and terminations.
- Transition Scenarios:
- Describe and explain transition scenarios and related valuation processes.
- System Setup:
- Outline the main customizing tasks for the leasing solution.
- Detail the settings required for the
Target Audience for IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA
Course Introduction:
The IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA (S4F73) course is designed for professionals managing lease contracts and financial compliance in SAP environments.
Target Audience:
- Application Consultant
- Business Process Owner
- Team Lead
- Power User
- SAP Functional Consultant
- Real Estate Managers
- Financial Accountants
- Compliance Officers
- IT/System Analysts
- SAP S/4HANA Users
- Lease Administration Professionals
- Corporate Finance Team Members
Learning Objectives - What you will Learn in this IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA?
Introduction
The IFRS Leasing with SAP Contract and Lease Management for SAP S/4HANA course equips students with the knowledge to manage lease contracts and comply with IFRS 16 and US-GAAP ASC 842 regulations using SAP S/4HANA solutions.
Learning Objectives and Outcomes
- Describe Contract Management in SAP Real Estate Management for SAP S/4HANA and SAP Fiori.
- Outline Accounting Standards: Understand IFRS 16 and US-GAAP ASC 842 regulations and their impact.
- SAP Contract and Lease Management:
- Describe the solution design and structure of Lease Contracts.
- Explain contract conditions, posting parameters, and periodic posting.
- Contract Valuation Process:
- Outline valuation rules for Lease Payments.
- Process and define Condition Valuation properties.
- Understand Valuation Postings and their implications.
- Change Management:
- Understand contract changes and their impact on valuation.
- Perform and evaluate the effects of contract renewals and terminations.
- Transition Scenarios:
- Describe and explain transition scenarios and related valuation processes.
- System Setup:
- Outline the main customizing tasks for the leasing solution.
- Detail the settings required for the
