Management Accounting in SAP S/4HANA - Academy Part II - TS4F04 Course Overview

Certainly! For students interested in successfully undertaking training in the Management Accounting in SAP S/4HANA - Academy Part II - TS4F04 course, here are the minimum required prerequisites:

• Basic knowledge of Management Accounting (Controlling) in SAP S/4HANA: As this course builds upon fundamental concepts, a foundational understanding of management accounting processes in SAP S/4HANA is recommended.

  
  

• Understanding of basic business processes: Familiarity with general business operations and processes will help in comprehending the application of management accounting within an organizational context.

  
  

• Completion of relevant SAP S/4HANA Fundamental training: It is advisable to have completed the Management Accounting in SAP S/4HANA - Academy Part I or possess equivalent knowledge in financial operations within SAP S/4HANA.

  
  

• Analytical skills: The ability to analyze and interpret financial data will be beneficial for understanding the course material and applying it to real-world scenarios.

  
  

• Computer literacy: Proficiency in using computers and navigating software applications is essential for working within the SAP S/4HANA environment.

  
  

Please note that while these prerequisites are aimed at preparing you for the course, individuals with determination and a willingness to learn have successfully completed this training with varied backgrounds. The key is to engage actively with the course content and seek clarification whenever necessary.

Target Audience for Management Accounting in SAP S/4HANA - Academy Part II - TS4F04

1. The TS4F04 course provides advanced training in Management Accounting with SAP S/4HANA, ideal for professionals involved in finance and controlling processes.

   
   

2. Target audience for the course:

   
   
   • SAP Finance and Controlling Consultants
   • Management Accountants
   • Financial Controllers
   • SAP S/4HANA Migration Specialists
   • ERP Financial Systems Analysts
   • Cost Accountants
   • Financial Analysts
   • SAP End Users involved in accounting processes
   • Profitability Analysts
   • SAP Implementation Team Members
   • CFOs and Finance Managers looking to upgrade their SAP skills
   • IT professionals specialising in SAP financial modules

Learning Objectives - What you will Learn in this Management Accounting in SAP S/4HANA - Academy Part II - TS4F04?

Introduction to Course Learning Outcomes and Concepts

The TS4F04 course on Management Accounting in SAP S/4HANA – Academy Part II is designed to deepen your understanding of internal orders, product costing, and profitability analysis within the SAP S/4HANA environment.

Learning Objectives and Outcomes

• Internal Order Management in SAP S/4HANA

  • Understand the purpose and functionality of internal orders and how they can be used for detailed cost tracking.
  • Learn to configure and use order types, order status, and settlement rules.

• Product Costing Basics

  • Gain insights into cost object controlling and the integration with other SAP modules.
  • Acquire skills in creating and managing cost estimates with quantity structure and without quantity structure.
  • Understand the process of product cost planning and the use of cost components and cost component splits.

• Cost Object Controlling

  • Learn about cost object controlling for products and how it integrates with the SAP S/4HANA system.
  • Understand the configuration and use of product cost by order, by period, and by sales order.

• Preliminary Costing and Simultaneous Costing

  • Become proficient in performing preliminary costing of cost objects and simultaneous costing in a production environment.

• Profitability Analysis (CO-PA)

  • Understand the structure and significance of profitability analysis within the SAP S/4HANA landscape.
  • Learn to configure and execute account-based CO-PA and costing-based CO-PA.

• Cost Center Accounting

  • Acquire knowledge on how to plan, allocate, and monitor costs within cost centers.

• Profit Center Accounting

  • Understand the setup and use of profit centers for internal Financial Reporting.

• Reporting in Management Accounting

  • Learn to generate and analyze reports for cost centers, internal orders, and profitability analysis.

• Integration with Other SAP Modules

  • Understand the integration points between Management Accounting and other SAP modules like Material Management (MM) and Sales and Distribution (SD).

• Month-End Closing

  • Become familiar with month-end closing processes and activities in Management Accounting.