SAP S/4HANA Central Finance (cFIN )

SAP  S/4HANA  Central Finance enables you to create a Central Reporting Platform for FI/CO, as well as a common reporting structure. Moreover, this system allows for the central execution of some financial operations. You can connect the many accounting entities in your source systems to a single set of master data in the central system to prepare common reporting structures. After that, you can reproduce postings from Management Accounting and Financial Accounting in your Central Finance system.

 

$850.00

SAP  S/4HANA  Central Finance has been available on the market for a while, and it may now be considered a means of implementing SAP S/4HANA. It made it possible to recreate FI papers in a new Central Finance system powered by S/4HANA. In a company with numerous older SAP ERP instances or other non-SAP finance solutions, central finance is important.

SAP  S/4HANA  In order to replicate financial records into the central system and provide a real-time organization-wide financial perspective, Central Finance takes advantage of HANA's real-time, speed, and agility features. Simply said, Central Finance enables you to establish a uniform reporting system.

Vision

When you finish this course, you'll be able to:

  • Recognize the SAP Central Finance use cases.
  • Describe the Central Finance concept and architecture.
  • Identify the primary criteria for the SAP Central Finance project.
  • Basic familiarity with the installation and configuration of the SAP Central Finance, landscape
  • Having a basic understanding of how to carry out a SAP Central Finance project.

Pre-requisites

  • Only those who are already familiar with SAP ERP's Financial Accounting or Management Accounting are advised to take this course.
  • Hands-on experiences in implementation projects of SAP ERP or SAP S/4HANA are highly recommended.
  • The following SAP S/4HANA requirements should be met by financial accounting consultants

Who Should attend this training?

The course is designed for solution architects or people who have completed an associate-level course in financial accounting or management accounting on SAP ERP, ideally with knowledge of SAP S/4HANA.

  • FI/CO solution architect
  • FI/CO application consultant
  • FI/CO development consultant

 

Course Contents

Unit 1: Overview of SAP S/4HANA Central Finance

  • Understanding the SAP S/4HANA Central Finance
  • Understanding Use Cases for SAP S/4HANA Central Finance

Unit 2: Central Finance Architecture

  • Understanding the SAP S/4HANA Central Finance Architecture
  • Understanding Data Flow in SAP S/4HANA Central Finance
  • Understanding the SAP S/4HANA Central Finance Functions

Unit 3: SAP S/4HANA Central Finance Setup and Configuration

  • Setup and configure source system for Central Finance integration
  • Setup and configure SLT and AIF for Central Finance integration
  • Setup and configure Central Finance System
  • Configure Business Mapping with MDG Mapping
  • Configure Cost Object Mapping Framework
  • Understand Advanced Settings and Central Finance BAdIs

Unit 4: SAP S/4HANA Central Finance Initial Load

  • Initial Load of Cost Objects
  • Initial Load of FI/CO postings
  • Initial Load of CO internal postings
  • Validation and Reconciliation in Central Finance
  • Resetting Initial Load

Unit 5: SAP S/4HANA Central Finance Real Time

  • Real Time Replication
  • Document Flow to the Source System
  • Fiori Apps and Reporting

Unit 6: Corporate Finance Processes supported by Central Finance

  • Central Processes
  • Credit Management
  • Dispute Management
  • Collection Management

Unit 7: SAP S/4HANA Central Finance Project

  • Central Finance Project Setup
  • Scoping an SAP S/4HANA Central Finance Project
  • Understanding the Organizational Change behind a SAP S/ 4HANA Central Finance Project
  • Central Finance Run Phase

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