SAP Finance (SAP FI)

WHAT IS IT ABOUT ?

The demand for acquiring skilled professionals in various functions is driving companies across the world to optimize their finance process first. Most successful organizations use SAP ERP software to achieve this. Consequentially, they look out for Authorized SAP Certified FI Consultants. SAP FI module equips you with knowledge on how to effectively automate the financial processes. In addition, the certification goes hand-in-hand with an exponential career growth.

1. Within an Organization

As an SAP Certified Consultant a leading company could absorb you. Based on your experience and your functional expertise, you would start as a consultant or gain lateral entry as a Project Manager. The exposure you get will be the much-needed catalyst for your compensation package to climb more than a few notches.

2. As an Independent Consultant

As an SAP functional consultant you can work independently and your earning potential becomes that much higher. You would be the one person that companies across the globe turn to for all their SAP related needs

3. As an SAP Trainer

Employees of most SAP customers require extensive training and who better to provide that than you – an SAP Certified Consultant. With your SAP Certification and a few years of experience, you also have the option of becoming an SAP Trainer.

Course Overview

What will you learn ?


SAP & ERP Introduction

  • SAP Navigation
  • Management empowered by mySAP ERP
    Management empowered by mySAP ERP Financials

Financial Accounting Master Data

  • Chart of accounts
  • G/L account
  • Reconciliation accounts
  • Account groups
  • Customer and vendor accounts
  • Bank accounts/bank keys

Document and Posting Control

  • Document types and number ranges
  • Posting keys and field status groups
  • Posting periods
  • Posting authorizations
  • Default values
  • Document changes, change control
  • Tolerance groups and payment differences
  • Cross-company code transactions
  • Document reversal
  • Incoming and outgoing payments
  • Cash discount and payment conditions
  • Taxes
  • Clearing (manual and automatic)
  • Payment differences
  • Foreign currencies and exchange rate differences
  • Cash journal

Special General Ledger Transactions, Document Parking, Substitution and Validation

  • Special G/L transactions using the example of payment and guarantee of payment
  • Special G/L classes and types
  • Customizing of different special G/L transactions
  • “Park document” versus “hold document”
  • Basics of document parking
  • Processing parked documents
  • Substitution
  • Validation

Payment Program, Dunning Program, Correspondence, Interest Calculation

  • Payment program configuration
  • Executing the payment run
  • Creating payment media
  • Dunning program configuration
  • Executing the dunning run and printing the dunning notice
  • Correspondence configuration
  • Creating correspondence
  • Interest calculation configuration
  • Executing the interest calculation run

Evaluation Options in Reporting

  • Drilldown reporting in Financial Accounting
  • List Viewer
  • Infosystem and ABAP reports in General Ledger, accounts receivable and accounts payable accounting

Closing Operations in Financial Accounting

  • Month-end and year-end closing
  • Balance sheet/P&L structure & reporting
  • Receivables and payables
  • Profit and loss
  • Technical, organizational and documentary steps

Asset Accounting

  • Organizational structures
  • Master data
  • Asset transactions (for example, asset acquisition, retirement, and transfer)
  • Periodic processing in Asset Accounting
  • Using the information system

The New General Ledger

  • Activation and the idea of the New General Ledger
  • New characteristics in FI
  • Scenarios and scenario assignment
  • Document splitting
  • Real-time integration CO => FI
  • Reporting with (new) FI standard drilldown reporting

SAP Solution Manager

  • Overview of the SAP Solution Manager