Components of Financial Accounting (FI)

1. Organizational Elements/basic settings
2. General Ledger (FI/GL)
3. Accounts Receivable (FI/AR)
4. Accounts payable (FI/AP)
5. Asset Accounting (FI/AA)

Enterprise Structure

• Define Company
• Define Company Code
• Assign Company Code to Company
• Define Business Area

Financial Accounting Global Settings

• Maintain Fiscal Year Variant (Maintain Shortened Fiscal Year)
• Assign Company Code to a Fiscal Year Variant
• Define Variants for Open Posting Periods
• Assign Variants to Company Code
• Open and Close Posting Periods
• Define Document Types
• Define Document Number Ranges
• Define Posting Keys
• Maintain Field Status Variants
• Assign Company Code to Field Status Variants
• Enter Global Parameters

General Ledger Accounting:

• Define Chart of Accounts List
• Assign Company Code to Chart of Accounts
• Define Account Group
• Define Retained Earnings Account
• Define Tolerance Groups for G/L Accounts
• Define Tolerance Groups for Employees
• Creation of G/L Masters
• G/L Account Document Postings
• Parked Document
• Hold Document
• Sample Document

Accounts Receivable and Accounts Payable

• Creation of Vendor Groups
• Creation of Vendor Number ranges
• Assign Vendor Number ranges to Vendor Groups
• Creation of Vendor Masters
• Creation of Vendor Documents and Number ranges
• Vendor Documents Postings (Purchase Invoice)
• Advance Payment Postings
• Automatic Payment Program

Creation of Customer Groups

• Creation of Customer Number ranges
• Assign Customer Number ranges to Customer Groups
• Creation of Customer Masters
• Creation of Customer Documents and Number ranges
• Customer Document Postings (Sales Invoice)
• Advance Payment Postings
• Dunning Program
• Creation of Payment Terms
• Customer/Vendor Statements

Tax Settings

• Tax on sales/Purchases
• FI Tax Integration

Asset Accounting

• Copy Reference Chart of Depreciation/Depreciation Areas
• Assign Chart of Depreciation to Company Code
• Specifying Account Determination
• Create Screen Layout Rules
• Define Number Range Interval
• Define Asset Classes
• Assign G/L Accounts
• Specify Document Type for Posting of Depreciation
• Specify Intervals and Posting Rules
• Specify Rounding of Net Book Value and/or Depreciation
• Define Base Methods
• Define Declining-Balance Methods
• Define Maximum Amount Methods
• Define Multi-Level Methods
• Maintain Period Control Methods
• Maintain Depreciation Key
• Define Screen Layout for Asset Master Data
• Define Screen Layout for Asset Depreciation Areas
• Creation of Asset Master
• Asset Acquisitions
• Asset Retirements
• Asset Transfers
• Asset Scarping
• Asset Reports
• Depreciation Running

FI  MM Integration

• FI MM Integration (Conf. from MM to attain PO,GR and IR)
• Account assignment categories in PO and Business process to be used with different Account Assignment categories
• Valuation area, Valuation class and its importance in Material Master.
• Accounting aspects from Material Master.
• Material Movement Types
• OBYC and G/L account assignments for MM Integration
• FI+MM integration with GST
• Procurement of Assets
• Procurement of services
• In depth P2P CYCLE Explanation and its FI Association

FI SD Integration

• FI + SD integration with GST
• Pricing condition types and their usage
• Importance and use of sales area, sales organization, distribution channel
• In depth O2C CYCLE explanation and its FI association
• VKOA and GL account assignments for FI-SD integration
• Sale of goods including Training Goods & Finished Goods

Components of Controlling (CO)

1. Cost Element Accounting (CO-OM-CEL)
2. Cost Center Accounting (CO-OM-CCA)
3. Internal Orders (CO-OM-OPA)
4. Profit Center Accounting (EC-PCA)

General Controlling

• Maintain Controlling Area
• Maintain Versions
• Maintain Number Ranges for Controlling Documents

Cost Element Accounting

• Manual Creation of Primary and Secondary Cost Elements
• Automatic Creation of Primary and Secondary Cost Elements
• Create Cost Element Groups
• Planning of Cost Elements wise Cost

Cost Center Accounting

• Create Cost Centers
• Define Cost Center Categories
• Document Postings to Cost Centers
• Define Cost Center Groups
• Cost Center Wise Variance Reports
• Repost CO Line-items
• Repost Cost

Profit Center Accounting

• Maintain Controlling Area Settings
• Create Dummy Profit Center
• Profit Centre Maintenance
• Profit Centre Groups Maintenance
• Define Number Ranges for Local Documents
• Choose Additional Balance Sheet and P&L Accounts

INTERNAL ORDERS

• Define Order Types
• Maintain Number Ranges for Orders
• Creation of Internal Orders
• Creation of Internal Order Groups
• Internal Order Settlements:
• IO to CC settlement
• IO to COPA settlement

PRODUCT COSTING

Product Cost planning

• Multilevel costing with multiple plants , Transfer Control ,Special Procurement Types
  • Moving Average Price/Standard price
  • Automatic and Unit Cost Estimate
  • Reference and Simulation Costing
  • Creating a cost estimate w/o quantity structure
  • Creating a cost estimate with quantity structure

Product costing by prod order:

• Multi-level costing / MTS
  • Activity allocations /price calculations
  • Material consumptions
  • PP: Prod order creation/confirmation/Settlement
  • Revaluation at Actual prices
  • Overhead Calculation
  • RA: WIP Posting \reversal
  • Variance calculation (Target cost versions , Scrap variance ,Variance categories )
  • Variance settlement to FI ,COPA
  • Reports for Product Cost by Order
  • Line items for Variances
  • Line items for WIP/Result Analysis
  • Prod Order Cost Analysis
  • Display CO-PA line items

COPA

• SD?COPA mapping
• IO/CC ?COPA settlement
• Prod order variance ?COPA settlement
• Sales order ?COPA settlement
• COPA Valuations(Valuation using Condition types ,valuation using Mat cost estimates , Periodic valuation)
• Top-down distribution of actual data
• Characteristic derivations
• COPA summarization levels, reports (segment level/line item reports)…etc.
• COPA Planning(COPA planning in SAP,

Year-end Closing Activities
Financial Statement Version,
Balances Carry forward to Next year.

S/4 HANA FINANCE (SIMPLE FINANCE)

• Introduction to HANA
• Introduction to S4 HANA
• Introduction to Simple Finance
• Introduction to Simple Finance Add-on
• Introduction to S/4 Hana(Finance)

Changes in Basic Customization

• Changes in General Ledger Accounting
• Changes n Accounts Payable
• Changes in Bank Master Data Creation
• Changes in accounts receivable
• Changes in Asset Accounting
• Changes in Controlling
• New functionalities in General Ledger Accounting
• New Functionalities in Accounts Payable
• New Functionalities in Accounts Receivable
• New Functionalities in Asset Accounting
• New Functionalities in Controlling
• Tables in ECC6 & Simple Finance Release notes in Simple Finance Overview of Cash Management
• Overview of Integrated Business Planning.