SAP Simple Finance Training

Introduction

SAP Simple Finance Training

SAP Simple Finance is the new ERP Financial solution developed for SAP HANA, offering real-real-time analytics at the most granulated level all over the financial dimensions. SAP Simple Finance is an all-inclusive finance SAP HANA solution, which can be organized on-premise or in the cloud. Intended to be easy to use, it can offer prompt insight for finance professionals. It improves the current finance solution collection from SAP, conserving its functional strength while allowing non-disruptive migration.

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COURSE SUMMARY:

Course NameSAP Simple Finance Training
ContentsBasics of SAP Simple Finance, Installation and analysis techniques
Duration30 Hours with Flexible timings
DeliveryInstructor Led-Live Online Training
EligibilityAny Graduate
Ideal ForFreshers, aspirants seeking to learn the SAP Simple Finance.
Live Online TrainingLive Interactive Simple Finance Training by Certified & Industry Expert Trainers by Providing On-Demand Server and Lab access.
AvailabilityRegular/Weekend Batches. 24×7 teaching assistance and support.

Course Objectives

What you’ll learn in SAP Simple Finance Training Course?

  • Understand the Basic concepts of the SAP Simple Finance
  • Learn about the prerequisites for migration to the add-on
  • How to install and configure SAP Simple Finance add-on.
  • How to execute and analysis of migration and its results.
  • How to prepare for project work in real time.

Who can go for SAP Simple Finance Training?

SAP HANA consultant, SAP FICO consultant, Charted Accountants, CPAs, CMAs, basic knowledge of concepts like General Ledger Accounting etc

What are the pre-requisites to learn SAP Simple Finance?

No prerequisites for this course.

Why learn SAP Simple Finance Online Training Course?

SAP Simple Finance is revolutionizing the finance industry with its user base from fortune 500 companies around the world. As in the name, Simple Finance is simplifying the platform of finance, which is why most of the financial agents are moving to SAP. It is advised to join SAP Simple Finance training course to learn from basics to proficiency. We make you proficient in SAP Simple Finance course at IQ Online Training.

 

 

Course Curriculum

Download Course Curriculum

Module 1: Simple Finance with SAP HANA Database

  • Mastering Business Challenges without SAP HANA
  • The New SAP HANA-Based Architecture
  • Structure of Journal
  • Merging G/L Accounts and Cost Elements
  • Compatibility Views
  • Depreciation Runs
  • Multidimensional Profitability Analysis
  • The Challenge of Flexible Operational Reporting Needs
  • Addressing the Challenges Using SAP Simple Finance
  • Conceptual Advances in Reporting
  • Merging of Accounts and Cost Elements
  • Accounts and Other Hierarchies
  • Advances for End Users.

Module 2: Introduction to HANA Concepts

  • Keeping Data in Memory
  • Ensure Durability
  • Columnar Data Organization
  • Data Encoding and Compression
  • Dictionary Encoding
  • Data Compression.
  • Operation on Compressed Data
  • Parallel Execution in Columnar Store
  • Parallel Aggregation
  • Delta Store and Merge
  • Benefits of a Redundancy-Free System
  • In-Memory Technology Removes Redundancy
  • Simplifying the Core Data Model
  • Benefits of the New Data Model
  • Compatible Refactoring
  • Transitioning to SAP Simple Finance
  • Gaining Unparalleled Insights
  • Removing Predefined Aggregates
  • Deciding without Information Loss
  • Optimizing Operations with Big Data
  • Innovating with Line Item Granularity

Module 3: Data updating in HANA Database

  • Information Lifecycle
  • Traditional Approach: Archiving
  • Modern Approach: Data Aging
  • Implementation
  • Avoiding Inconsistencies

Module 4: Flexible analytics with HANA

  • Replacing Complex Analytics with Simplicity
  • SAP HANA Live Paradigms
  • SAP HANA Live Architecture
  • Virtual Data Model
  • Extensible Data Model

Module 5: Deploying simple Finance

  • Architecture Overview
  • Landscape Migration for Existing SAP ERP Systems
  • Handling General Ledger Functionality
  • HANA Enterprise Cloud Deployment
  • Understanding Cloud Solutions In Financial Operations

Module 6: Simple Finance Concepts

  • Reloading SAP ERP Financials Functionality
  • Financial Accounting (FI)
  • Controlling and Management Accounting (CO)
  • Financial Supply Chain Management (FIN-FSCM)
  • Treasury and Risk Management (FIN-FSCM-TRM)
  • Cash Management
  • New Applications in SAP Simple Finance
  • Mastering Business Challenges without SAP HANA
  • The New SAP HANA-Based Architecture
  • Merging G/L Accounts and Cost Elements.
  • Compatibility Views
  • Immediate Benefits of the New Model
  • Depreciation Runs
  • Multidimensional Profitability Analysis
  • New Analysis Patterns

Module 7: Simple Finance Applications

  • Business Cockpits for Business People
  • Working with Business Cockpits
  • Defining a Business Cockpit
  • Financials Operations
  • Receivables Management
  • Payables Management
  • Networks Integration
  • Order Collaboration
  • Invoice Collaboration
  • Discount Management
  • Cash Management
  • Bank Account Management
  • Cash Operations
  • Liquidity Management
  • Simplified Data Model
  • Integrated Business Planning for Finance
  • Business Context
  • underlying Architecture
  • Planning Application
  • Business Planning Process
  • Profitability
  • SAP Fiori Applications
  • Costing-Based to Account-Based Profitability
  • Analysis
  • Financial Closing and Consolidation
  • Process Management
  • Avoiding Reconciliation Efforts
  • Faster Period Close with SAP HANA
  • New Closing Applications
  • Revenue Accounting
  • Contract Identification
  • Performance Obligation Identification
  • Transaction Price Determination
  • Transaction Price Allocation
  • Revenue Recognition
  • Developing Intuitive Products
  • Fiori Design Principles in SAP Simple Finance
  • Fiori Application Framework and Finance
  • Application Types
  • Application Patterns and Controls

Module 8: SAP Lumira 1.27

  • Installation
  • Importing Reports
  • Designing of Dynamic Reports
  • Analyzing Reports

Module 9: SAP Predictive Analytics 2.2

  • Installation
  • Statistical Tools
  • Updating R -Program
  • Migration
  • Analysis
  • Installation
  • Updating R -Program
  • Migration
  • Analysis

Module 10: Reporting In Simple Finance

  • The Challenge of Flexible Operational Reporting Needs
  • Addressing the Challenges Using SAP Simple Finance
  • Conceptual Advances in Reporting
  • Merging of Accounts and Cost Elements
  • Advances for End Users
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Good course material

★★★★☆
4 5 1
It was great and everything was fine. I learned a lot in this course

Excellent Customer Support

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5 5 1
Knowledgeable Presenters, Professional Materials, Excellent Customer Support what else can a person ask for when acquiring a new skill or knowledge to enhance their career. IQ Online Training true to its name, is the place to gather,garner and garden the knowledge for all around the globe. My Best wishes to IQ Online Training's team for their upcoming bright future.

I cleared my Course ....thank you mentors at IQ ONLINE TRAININGS

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It was a wonderful learning experience....and was just like a class room training...

Nice!!

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very helpful. Thank you.

absolutely superb and I genuinely enjoyed

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5 5 1
My name is MUKESH and I am one of the lucky ones that got the chance to attend the training that was held by you for the past one and half month. The training was absolutely superb and I genuinely enjoyed each and every moment of it. The content was extremely informative and incredibly useful. I have attended several training before, but I can't recall any of them having such a strong impact. You have done a wonderful job and I appreciate your efforts. The fact that almost everyone had the same feedback as mine proves just how powerful and influencing the training was. I was particularly impressed with the practical use of the material presented. This is exactly what I would expect from training. I would like to thank on my behalf everyone who was involved in the preparation and execution of the training. You have all done a wonderful job. I look forward to attend future training's given the opportunity. You have done a wonderful job. Thank you very much. Sincerely, Mukesh

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