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Best SAP S4 HANA Simple Finance Online Course Training

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Title: Best SAP S4 HANA Simple Finance Online Course Training


1
Demo Session
SAP S/4 HANA Finance(Simple Finance)
Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
2

Course Introduction
  • Overview of SAP HANA
  • Overview of S4 HANA
  • Scope Impact of Simple Finance
  • Understand the prerequisites for migration to
    Simple Finance
  • Configuring the system in preparation of
    migration
  • Migration steps from Classical and New GL
    Accounting
  • Configuration of new functionalities available in
    Simple Finance including
  • General Ledger Accounting
  • Asset Accounting
  • Management Accounting
  • Cash Management

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
3

Agenda for Demo
  • Trainer Introduction
  • Power point Presentation
  • Questions related to Course Contents
  • Questions related to Administration

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
4

Demo Topics
  • Common Problems faced by the Finance teams all
    over the world
  • Overview of functionalities and benefits provided
    by SAP Simple Finance
  • Universal Journal Entry
  • Available Deployment options
  • Adoption Options for Existing Customers
  • Central Finance Solution

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
5

Common Challenges Solutions
  • Slower reporting/ closing due to complex data
    model
  • Thanks to SAP HANAs in memory capability for
    providing columnar database and simplified Data
    Model which helps in instant insight
  • Time Consuming Reconciliation
  • No need to reconcile totals and CO, ML, COPA
    tables as all these data will be updated in the
    single line item table called as Universal
    Journal (Single Source of Truth)
  • High Cost of Operations
  • Reduction in cost of operations due to great user
    experience provided by SAP Fiori and that too it
    can work on any device which mean faster
    approvals
  • High Cost of Infrastructure
  • Lower cost of hardware and software licenses
    using SAPs cloud services and leasing the
    applications

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
6

Current Architecture
  • Data is stored in multiple components
  • Multiple tables are updated for single
    transaction to update these components
  • Huge effort is required for reconciliation

Profitability Analysis(CO-PA)
Controlling (CO)
Reconciliation
Reconciliation
General Ledger
Reconciliation
Reconciliation
Asset Accouting
Material Ledger

7

Universal Journal Entry
  • UJE takes the best of all the worlds
  • One line item table with full details of all
    components
  • No need of reconciliation

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
8

Deployment Option
  • On Premises
  • On Cloud
  • Hybrid

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
9

On Premises as a Deployment option
  • Advantages
  • Company is having full control over the system
    and its implementation, including functional
    configuration and the ability to make
    modifications
  • Disadvantages
  • On-premise deployment usually requires on-going
    investments to manage and purchase the software
    as well as hardware.
  • Company also have to invest more time and money
    on employees and their trainings

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
10

On Cloud as the deployment option
  • Advantages
  • Low infrastructure cost as infrastructure and
    applications are managed on subscription basis
  • Cloud ERP solutions are continually upgraded by
    SAP so customer will get latest and most advanced
    version
  • Disadvantages
  • Customer will have no control for any
    modifications

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
11

Hybrid as deployment option
  • Hybrid ERP model is combination of On-premise ERP
    and cloud ERP implementation
  • Can be used on such process which dont need
    integration with SAP Business suite and can be
    easily taken away from SAP business suite
  • Large companies which are using On-premise
    implementation may choose to run specific
    functions of organizations such as remote sales
    offices, subsidiaries, or recent mergers and
    acquisitions on cloud
  • Organization can use the cloud with an
    integration with their On-premise systems for
    consolidated reporting and disclosures

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
12

Adoption Scenarios for existing customers
Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
13

Central Finance Solution
Vintage IT Solutions email sana_at_sapvits.com,
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
14

Central Finance Solution
  • With this feature you can transition to SAP
    Simple without disruption to your current system
    landscape, which can be made up of a combination
    of SAP systems of different releases and non-SAP
    systems
  • Central Finance allows you to create a common
    reporting structure
  • You must map your different accounting entities
    (for example, account, profit center, or cost
    center) in your local systems to one common set
    of master data in the central system
  • In the local system, the financial accounting
    postings typically result in two documents an
    FI document and a primary cost posting in CO. In
    the central system, the FI document creates one
    combined document, a universal journal entry

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
15

Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
16

Thank you!
Email sana_at_sapvits.com yogesh_at_sapvits.com
Website www.sapvits.com IND 91 880 532
2100USA 1 678 389 8898UK 44 141 416 8898
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