SAP Certified Associate-SAP S/4HANA-Financial Accounting Course Overview

SAP Certified Associate-SAP S/4HANA-Financial Accounting Course Overview

Course Overview: SAP Certified Associate - SAP S/4HANA Financial Accounting

Our SAP Certified Associate - SAP S/4HANA Financial Accounting course is an intensive 18-day program designed to equip you with the essential skills required for financial management using SAP S/4HANA. Through practical modules like General Ledger, Accounts Payable, and Financial Closing, you'll learn to configure Organizational structures, manage Foreign currency transactions, and execute Period-end closing activities. You'll also gain hands-on experience with SAP Fiori and Intercompany reconciliation. By the end of this course, you will be able to navigate and utilize the SAP S/4HANA Finance module effectively in real-world scenarios.

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♱ Excluding VAT/GST

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Course Prerequisites

Minimum Required Prerequisites for SAP Certified Associate-SAP S/4HANA-Financial Accounting Course:


  • Basic Accounting Knowledge: Understanding of fundamental accounting principles and practices.


  • ERP System Familiarity: General awareness or experience with Enterprise Resource Planning (ERP) systems, preferably SAP.


  • Finance Background: Prior experience or knowledge in financial processes such as accounts payable, accounts receivable, general ledger, and financial reporting.


  • Computer Proficiency: Proficient in using computers and navigating software applications; familiarity with Microsoft Office Suite is advantageous.


  • Analytical Skills: Ability to analyze financial data and interpret financial reports.


  • Interest in Financial Management: A keen interest in finance and a desire to learn about the integration of financial processes within SAP S/4HANA.


Target Audience for SAP Certified Associate-SAP S/4HANA-Financial Accounting

1. Introduction The SAP Certified Associate - SAP S/4HANA Financial Accounting course is a comprehensive 18-day program designed for professionals seeking in-depth expertise in financial accounting using SAP S/4HANA.


2. Relevant Job Roles and Target Audience


  • Finance Managers and Directors
  • Chief Financial Officers (CFOs)
  • Accounting Managers
  • Financial Analysts
  • SAP Consultants
  • IT and ERP Consultants
  • Business Process Owners and Team Leads
  • Internal Auditors
  • SAP FI/CO End Users
  • Finance and Accounting Professionals
  • SAP Project Managers
  • System Administrators and Managers
  • ERP Implementation Specialists


Learning Objectives - What you will Learn in this SAP Certified Associate-SAP S/4HANA-Financial Accounting?

SAP Certified Associate-SAP S/4HANA-Financial Accounting Course Overview

Elevate your SAP skills by mastering the essential concepts of Financial Accounting in SAP S/4HANA, including General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, and Financial Closing.

Learning Objectives and Outcomes

  • Understand SAP S/4HANA Finance:

    • Introduction to Financial and Management Accounting
    • Usage of SAP Fiori User Interface
  • Configure SAP FI Organizational Structure:

    • Define Company and Company Code
    • Assignments within Organizational Units, such as Business Area and Credit Control
  • Global Financial Settings and Processes:

    • Maintain Fiscal Year Variants and Open/Close Posting Periods
    • Define Field Status, Posting Keys, Document Types, and Number Ranges
  • General Ledger Management:

    • Set up and activate New GL
    • Configure Chart of Accounts, Account Groups, and General Ledger Accounts
    • Post, hold, park, and reverse GL documents
  • Vendor and Customer Management:

    • Create, configure, and manage Vendor and Customer Accounts
    • Handle Down Payments, Payment Terms, and the Automatic Payment Program in Accounts Payable and Receivable

Technical Topic Explanation

Accounts Payable

Accounts Payable (AP) refers to the financial obligations that a company owes to its vendors or suppliers for goods or services received. Managing AP effectively is critical for maintaining healthy cash flow and business relations. SAP software, particularly SAP S/4HANA Finance and SAP Accounting, offers robust solutions for streamlining and automating AP processes. Professionals can enhance their skills and understanding of these systems through SAP HANA Finance Certification or SAP FI course online, which provide in-depth training on managing financial transactions and reporting in SAP environments.

General Ledger

A general ledger is a complete record of all financial transactions over the lifetime of a company. It holds account information needed to prepare financial statements and includes accounts for assets, liabilities, owners' equity, revenues, and expenses. In SAP environments, tools like SAP S/4HANA Finance feature robust general ledger capabilities, often essential for SAP finance certification. These tools help streamline and integrate financial processes, making SAP for accounting and finance crucial. Professionals can benefit from SAP FI course online offerings or SAP S/4HANA Finance training to enhance their understanding and skills in managing financial operations effectively.

Financial Closing

Financial closing is a critical accounting process performed at the end of an accounting period, usually a month, quarter, or year. The main goal is to ensure complete, accurate financial statements reflective of a company's financial status. Professionals engaged in financial closing often use specialized software like SAP for accounting and finance, which optimizes this complex task by automating entries and consolidating financial data. SAP S/4HANA Finance and SAP FI course online provide comprehensive tools and training to enhance the effectiveness and efficiency of financial closing, enabling professionals to achieve accurate results faster and adhere to compliance standards.

Organizational structures

Organizational structures define how activities such as task allocation, coordination, and supervision are directed toward the achievement of organizational aims. They can be structured in various ways, including by function, geography, or product line, depending on what best suits the company’s strategy and goals. These structures help in setting a clear hierarchy and establishing clear roles and responsibilities, ensuring efficient management and easier administrative operations in various sectors including technology, finance, and more. A well-defined organizational structure can enhance productivity and enable companies to respond faster to market changes.

Foreign currency transactions

Foreign currency transactions involve the exchange of one currency for another during business operations, affecting companies that engage in international trade. Accounting for these transactions accurately requires converting foreign currency amounts into the reporting currency at current exchange rates. SAP software, particularly SAP S/4HANA Finance, provides robust tools through its SAP accounting functionalities to manage these transactions efficiently. Professionals can enhance their skills in handling such complex financial scenarios through SAP HANA Finance certification and SAP FI course online, ensuring precise financial reporting and compliance in global business environments.

Period-end closing activities

Period-end closing activities in SAP for accounting and finance involve finalizing accounts at the end of a financial period. This process, critical for accurate financial reporting, includes tasks such as reconciling ledgers, posting accruals, and updating financial statements. Professionals can enhance their skills in these activities through SAP S/4HANA finance training or an SAP FI course online. Obtaining an SAP HANA finance certification can also validate proficiency in using SAP software efficiently for these crucial accounting tasks.

Intercompany reconciliation

Intercompany reconciliation is a process used by companies within a larger corporate group to ensure that transactions between the different entities are accurately recorded and balanced. This typically involves verifying and matching the accounts receivable and accounts payable between subsidiaries to eliminate discrepancies, ensuring that each company’s financial statements are accurate. Tools like SAP S/4HANA Finance are often used to streamline and automate these reconciliations, providing a clear, real-time view of financial data across the entire corporation, enhancing both efficiency and compliance.

SAP S/4HANA Finance module

SAP S/4HANA Finance, part of SAP for accounting and finance, is a comprehensive suite of financial management solutions designed to streamline accounting processes. It integrates seamlessly with other SAP modules, enhancing real-time analytics and reporting capabilities. For professionals keen on mastering this platform, sap s 4hana finance training, and sap fi course online are available for in-depth learning. Gaining an sap hana finance certification can significantly boost expertise in handling complex financial operations efficiently, making it a valuable asset for anyone in finance and accounting roles.

SAP Fiori

SAP Fiori is a user experience design approach developed by SAP to provide a more responsive, intuitive, and user-friendly interface for SAP software. It simplifies how users interact with complex SAP systems commonly used in finance and accounting, optimizing tasks like SAP accounting and financial management. Fiori is designed to work seamlessly with SAP S/4HANA Finance, enhancing productivity through its streamlined design which supports accessibility across all types of devices. Fiori apps also help professionals easily manage SAP HANA finance certification processes and engage with SAP FI course content online, making it a vital tool for professionals in accounting and finance.

Target Audience for SAP Certified Associate-SAP S/4HANA-Financial Accounting

1. Introduction The SAP Certified Associate - SAP S/4HANA Financial Accounting course is a comprehensive 18-day program designed for professionals seeking in-depth expertise in financial accounting using SAP S/4HANA.


2. Relevant Job Roles and Target Audience


  • Finance Managers and Directors
  • Chief Financial Officers (CFOs)
  • Accounting Managers
  • Financial Analysts
  • SAP Consultants
  • IT and ERP Consultants
  • Business Process Owners and Team Leads
  • Internal Auditors
  • SAP FI/CO End Users
  • Finance and Accounting Professionals
  • SAP Project Managers
  • System Administrators and Managers
  • ERP Implementation Specialists


Learning Objectives - What you will Learn in this SAP Certified Associate-SAP S/4HANA-Financial Accounting?

SAP Certified Associate-SAP S/4HANA-Financial Accounting Course Overview

Elevate your SAP skills by mastering the essential concepts of Financial Accounting in SAP S/4HANA, including General Ledger, Accounts Payable, Accounts Receivable, Asset Accounting, and Financial Closing.

Learning Objectives and Outcomes

  • Understand SAP S/4HANA Finance:

    • Introduction to Financial and Management Accounting
    • Usage of SAP Fiori User Interface
  • Configure SAP FI Organizational Structure:

    • Define Company and Company Code
    • Assignments within Organizational Units, such as Business Area and Credit Control
  • Global Financial Settings and Processes:

    • Maintain Fiscal Year Variants and Open/Close Posting Periods
    • Define Field Status, Posting Keys, Document Types, and Number Ranges
  • General Ledger Management:

    • Set up and activate New GL
    • Configure Chart of Accounts, Account Groups, and General Ledger Accounts
    • Post, hold, park, and reverse GL documents
  • Vendor and Customer Management:

    • Create, configure, and manage Vendor and Customer Accounts
    • Handle Down Payments, Payment Terms, and the Automatic Payment Program in Accounts Payable and Receivable