Management Accounting in SAP S/4HANA - Academy Part I - TS4F03 Course Overview

To ensure that participants are well-prepared and can fully benefit from the Management Accounting in SAP S/4HANA - Academy Part I - TS4F03 course, the following minimum prerequisites are recommended:

• Basic understanding of management accounting concepts and principles.
• Familiarity with the navigation and general functionality of SAP S/4HANA.
• Knowledge of the organizational structures related to financial accounting and controlling.
• Prior experience with financial operations within a business context.
• Understanding of the general business processes in cost center and internal order accounting.
• Basic knowledge of financial planning, budgeting, and reporting processes.
• Willingness to engage with the course material and participate actively in hands-on exercises.

Please note that these prerequisites are intended to provide a foundation for the comprehensive content covered in the course. They are not meant to deter anyone with a keen interest in learning about management accounting in SAP S/4HANA. If you have a strong desire to learn and a commitment to professional development, you are encouraged to enroll and expand your skill set.

Target Audience for Management Accounting in SAP S/4HANA - Academy Part I - TS4F03

1. The Management Accounting in SAP S/4HANA course is designed for professionals involved in finance and controlling within enterprises.

   
   

• Financial Accountants
• Management Accountants
• SAP FICO Consultants
• SAP S/4HANA Finance Professionals
• Controllers
• Finance Managers
• Cost Analysts
• ERP Financials Business Process Owners
• SAP Technical Analysts with a focus on finance
• Internal Auditors overseeing financial operations
• CFOs and Finance Executives seeking system understanding
• Business Analysts specializing in finance and controlling
• IT Professionals responsible for finance system implementations
• Project Managers for finance system upgrades or migrations

Learning Objectives - What you will Learn in this Management Accounting in SAP S/4HANA - Academy Part I - TS4F03?

1. Introduction: Gain expertise in SAP S/4HANA's Management Accounting with a focus on overhead cost controlling, internal orders, profit centers, and product cost planning.

2. Learning Objectives and Outcomes:

• Understand the organizational structures and master data essential for overhead cost controlling in SAP S/4HANA.
• Learn how to perform event-based postings to cost centers and internal orders.
• Master the periodic cost allocation and activity allocation procedures within overhead cost controlling.
• Develop skills in planning costs and cost allocations for more effective overhead cost controlling.
• Acquire knowledge on the creation and management of internal order master data.
• Execute event-based postings and comprehend period-end closing activities for internal orders.
• Implement planning and budgeting processes on cost centers and internal orders, and manage budget availability.
• Get introduced to new commitment management solutions for cost centers in SAP S/4HANA.
• Delve into profitability management and understand the role of profit centers in the SAP S/4HANA environment.
• Learn actual postings to profit centers and how to perform profit center planning.
• Explore the transfer pricing concept and its application within SAP S/4HANA.
• Gain insights into product cost planning methods and understand the basics of product cost planning.
• Perform material cost estimates without quantity structures and with quantity structures.
• Configure settings for product cost planning and understand additional costing functions.
• Study extended valuation methods, such as mixed cost estimates, special procurement types, and costing for subcontracting operations.