SMART IT Solutions
Contact: 9063 248 348
S/4 HANA FINANCE (SIMPLE FINANCE) OR
FINANCIAL ACCOUNTING & CONTROLLING (FI/CO)
Course Contents
Introduction
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Introduction to HANA
Introduction to S4HANA
Introduction to Simple Finance
Introduction to Simple Finance Add-on
Introduction to S/4 Hana (Finance)
Introduction to Fiori
Introduction to Net Weaver Business Client
Introduction to Universal Journal
Introduction to New Ledger concept
Enterprise Structure
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Organizational Units
Creation of Company, Company Code, Segment, Profit Center, Plant,
Purchase Organization,
Storage Location, Shipping Points, Sales Organization, Distribution
Channels, Divisions
Assignment of organizational units
Basic settings for Financials
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Creation of Chart of Accounts
Assignment of chart of accounts to company code
Accounts Groups and screen layout
Define Retained Earnings Account,
Creation of General Ledger master records
Creation of Fiscal Year, Posting period, Field Status Variant and Field
Status Groups, Document Types and Number ranges, Tolerance
groups, Tax Procedure
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General Ledger Accounting
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General Ledger Postings
Document display and account display
Park Document, Hold Document and Account Assignment Model
Sample document
Month end Provisions-Accrual/Deferral Documents and Open Item
Management
 Standard(full) Payment, Partial and Residual items method
 Define void reason codes
 Reversal of documents-types of reversals
 Foreign Currency Exchange rate types Creation
 Foreign Currency translation ratios creation
 Maintenance of Exchange rates in Forex table
 Foreign Currency postings
 Revaluation of Foreign currency Balances
 Interest Calculations
 Cash Journal
 Financial Statement Version (FSV) creation-Balance Sheet and Profit &
Loss Account Format Creation
 New General Ledger concept (multiple ledgers)
 Segments creation
 Document splitting
 Foreign Currency Revaluation-Valuation Area wise
Accounts Payable
Basic Settings for Accounts payable:
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Define Account Groups with Screen Layout
Create Number Ranges
Assign No. Ranges to Vendor Account Groups
Define Tolerance Groups for vendors
Purchase Invoice Posting
Display Vendor Account Balances
Outgoing Payment with Clearing
Advance Payment Postings
Clearing of Advances against Purchases
Terms of Payment creation
Automatic Payment Program(APP)
Cash Discounts
Credit Memo Postings
Accounts Receivable
Basic Settings for Accounts Receivable:
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Define Account Groups with Screen Layout
Create Number Ranges for Customer Accounts
Assign No. Ranges to Customer Account Groups
Dunning procedure
Bill Discounting transactions
Sales Invoice Posting
Display Customer Account Balances
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Clearing of transactions where Vendor also is a Customer
Incoming Receipt with Clearing
Advance Receipt Postings
Clearing of Advances against Sales
Bank Accounts
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Creation of House Banks
Creation of Bank Accounts through fiori apps/NWBC
Creation of check number ranges
Manual Check creation
Check Register Display
Issued Checks Cancellation
Bank Reconciliation
Electronic Bank Statement (EBS) uploading and reconciliation
Data Medium Exchange (DME) creation
ALE (Application Linking and Enabling), EDI (Electronic Data
Interchange) and IDOC (Intermediate Document)
Automatic Payment Program processing using IDOCs
Asset Accounting
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Creation of Chart of Depreciation
Account determination
Screen layouts
Number ranges
Asset classes
Integration With general ledger
Posting rules
Determination of depreciation area for asset Class
Depreciation Calculation Methods
Depreciation Keys, Screen layout change
Depreciation Keys creation on Useful Life method
Creation of Asset Master Records
Acquisition of Assets &Retirement
Asset transfers & Asset Scrapping
Depreciation run
Settlements of Capital work in progress to Assets
Depreciation calculation as per Indian Income Tax Act, 1961
Asset History Sheet
Integration with Material Management, Production
Planning and Sales &Distribution Modules
Material Management
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Define attributes of Material master
Define company code for material management
Purchase order Tolerance
Goods receipt tolerance
Vendor specific tolerances
Plant parameters
Define default tax code
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Invoice verification background
Valuation grouping code
Account grouping code
Account determination
Treatment of Price Differences in Invoice verification
Creation of Material master records
Vendor master data for material management
Creation of purchase order
Enter Goods receipts
Enter Invoice Verification
To View Stock Ledger
GR/IR Clearing
Production Planning
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Define MRP Controller
Define Floats (Scheduling Margin Key)
Define Production Scheduler
Determine person responsible for work center
Check Order type
Define Order type dependent parameters
Define Scheduling parameters for Production Orders
Define Confirmation parameters
Define Checking control
Sales and distribution
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Pricing & Tax procedure
Define condition types for taxes
Specify condition types in the pricing Procedures
Define and assign pricing procedure
Assign tax conditions to country
Define tax relevancy indicators for customer and materials
Define and assign account keys
Account determination
Partner determination
Creation of Material Master for Finished goods
Specify sales area data for customer master Data
Assign shipping point
Create Condition records for prices and tax rates
Creation of Sales orders
Goods receipts without production orders
Display of material and accounting document
Outbound delivery preparation
Display of accounting document
Sales Billing
Accounting document for invoice display
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Other Areas:
 Data takeover—Masters uploading and Transactional data uploading
 Closing Procedure-Year end activities
 Reports view-How to attach reports to favorites and
How to attach reports on desktop
 Cross Company Code transactions
GOODS & SERVICES TAX AND TDS (CIN):
 Overview of GST
 Comparison with GST existing Indirect Taxes
 Tax components-INTRA-STATE SUPPLY AND INTER STATE
SUPPLY (CGST/SGST AND IGST)
 Define Business Places
 Assign Business Place to Plants
 Define HSN/SAC codes
 Creation of Condition Table
 Creation of Access Sequence
 Creation of Condition Types
 Define Tax Procedure
 Creation of Tax Codes
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Creation of Accounts and Assignment of Accounts
Maintain Default condition type
Assign Tax Indicator in Vendor and Customer Master
Testing of Intra State purchases (within State)
Testing of Inter State Purchases (Outside State Purchases)
Testing of Inter State Sales (within State)
Testing of Inter State Sales (outside state)
Testing of Stock Transfers
Reverse Charge Mechanism
Reports for Input Tax and Output Tax
Withholding Tax(TDS)
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CONTROLLING
Basic Settings
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Maintain Controlling area
Define document number range for Controlling documents
MaintainVersions
Cost and Revenue Element Accounting
 Definition of cost elements-Primary Cost Elements
and Secondary Cost Elements
 Cost element categories; Cost element groups
 Creation of Cost elements at Financials Area,
Controlling Area and Automatic Creation of Cost
Elements at the time of CO implementation and after
Co implementation
Cost center Accounting
 Introduction to Cost Center Accounting Master Data
 Cost centers and Cost center groups
 Activity type categories
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Definition of Activity types, Activity prices
Creation Statistical key figures
Posting to Cost centers
To view cost center report
Repost cost
Repost Co line items
To View variance report cost center wise
Statistical key figures
Accrual calculation(imputed cost calculations)
Period end closing activities in cost center accounting:
o Assignment
o Distribution
o Periodic Reposting
o Indirect activity allocation
Internal orders
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Use of Internal Orders
Settlement profile
Planning profile
Budget profile
Tolerance for budgeting and availability control
Order types
Real orders and Statistical Orders
Creation of secondary cost elements for Internal
and External settlements
Planning of internal orders
Entering budget information
Actual data posting
Displaying internal order information
Displaying budgeting and availability control
Information Reports
Settlement of Real internal orders to cost centers
Classic Profit Center Accounting
▪ Basic settings
▪ Creation of dummy profit center
▪ Creation of profit centers
▪ Creation of Account groups
▪ Assignment of Profit center in cost centers
▪ Derivation rules creation for revenue elements
▪ Derivation rules creation for Balance Sheet accounts
▪ Planning Profit center wise for P&L items and Balance Sheet items
▪ Posting of transactions in FI
▪ Profit Center Reports
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PRODUCT COSTING:
Product Cost Planning
 Maintain Overhead Cost Elements
 Define Overhead Keys
 Define Overhead Groups
 Define Calculation Bases
 Define Percentage Overhead Rates
 Define Quantity Overhead Rate
 Define Costing Sheets
 Assign Costing Sheet to Plants
 Define Cost Component Structure
Create Cost Estimate with Quantity Structure
Create Cost Estimate without Quantity Structure
Product Cost by Order
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Define Costing Variant
Check Costing Variant to Manufacturing Orders(PP)
Define Goods Received Valuation for order delivery
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Work In Process Calculation:
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Define Results Analysis Keys
Define Cost Elements for WIP Calculation
Define Results Analysis Versions
Define Valuation Methods (Actual Costs)
Define Line IDs
Define Assignment
Define Update
Define Posting Rules for Settling work in process
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Variance Calculation:
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Define Variance Keys
Define Default Variance Keys for Plants
Define Target Cost Version
Assign Variance Keys in material master
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Settlement:
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Create Settlement Profile
Create PA Transfer Structure
Maintain Number Ranges for Settlement Documents
Product Cost by Period
3 Scenarios
1. Product Cost by Period with Work
in Process
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2. Product Cost by Period without
Work in Process
3. Product Cost by Period with
ProductionOrder
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Check Costing Variant for Product Cost Collectors
Check Order Types
Define Costing Accounting relevant default values
for order types and plants
Activate and Generate cost log in Repetitive Manufacturing
Define Goods Received Valuation for order delivery
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Work In Process Calculation:
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Define Results Analysis Keys
Define Cost Elements for WIP Calculation
Define Results Analysis Versions
Define Valuation Methods (Actual Costs)
Define Line IDs
Define Assignment
Define Update
Define Posting Rules for Settling work in process
Variance Calculation:
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Define Variance Keys
Define Default Variance Keys for Plants
Define Target Cost Version
Assign Variance Keys in material master
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Settlement:
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Create Settlement Profile
Create PA Transfer Structure
Maintain Number Ranges for Settlement Documents
Product Cost by Sales Order
3 Scenarios:
1. Product Cost by Sales Order with Valuated Stock
where Sales order is a Cost Object
2. Product Cost by Sales Order with Valuated Stock where
Sales order is not a Cost Object
3. Product Cost by Sales order with Non Valuated Stock
where Sales order is a Cost Object
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Check Account Assignment Categories
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Check Requirement Classes
Check Requirement Types
Check Control of requirements type determination
Check Costing Type
Check Costing Variants for Product Costing
Define Results Analysis Keys
Define Cost Elements for Results Analysis Keys
Define Results Analysis Versions
Define Valuation Methods for Results Analysis Versions
Define Line IDs
Define Assignment for Results Analysis
Define Update for Results Analysis
Define Posting Rules for Settling to Financial Accounting
Create Settlement Profile
Create PA Transfer Structure
Scrap in Product Costing
▪ Scrap Basics
Assembly Scrap▪ Definition
▪ Assembly Scrap effect on quantities
▪ Assembly Scrap Master Data
▪ Planned Assembly Scrap Costs
▪ Actual Assembly Scrap Costs
▪ Variance Calculation
Component Scrap▪ Definition
▪ Component Scrap effect on quantities
▪ Component Scrap Master Data
▪ Planned Component Scrap Costs
▪ Actual Component Scrap Costs
▪ Variance Calculation
Operation Scrap▪ Definition
▪ Operation Scrap effect on quantities
▪ Operation Scrap Master Data
▪ Planned Operation Scrap Costs
▪ Actual Operation Scrap Costs
▪ Variance Calculation
Combined Scrap▪ Component and Assembly Scrap
▪ Component and Operation Scrap
▪ Operation and Assembly Scrap
▪ Component, Operation and Assembly Scrap
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Actual Costing and Material Ledger
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Activate Valuation Areas for Material Ledger
Assign Currency types to Material Ledger Type
Assign Material Ledger Types to Valuation Area
Maintain Number Ranges for Material Ledger Documents
Activate Actual Costing
Assignment of Accounts for Automatic Postings
PROFITABILITY ANALYSIS:
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Maintain Characteristics
Maintain Value Fields
Maintain Operating Concern
Set Operating Concern
Assign Controlling Area to Operating Concern
Define Profitability Segment Characteristics
Maintain Characteristics Values
Define Characteristics Derivation
Define and Assign Valuation Strategy
Define Keys for accessing material cost estimates
Assign Costing Keys to any characteristics
Assign Value Fields
Define Number Ranges for Planning Data
Maintain Versions
Assign Quantity Fields
Setup Planning Framework
Define Number Ranges for Actual Postings
Transfer of Billing Documents
Assign quantity Fields
Maintain PA transfer Structure for Direct Postings
Automatic Account Assignment
Define PA transfer structure for Variance Settlement
Define PA transfer structure to Settlement Profile
Activate Profitability Analysis
Define Forms for Profitability Reports
Create Profitability Report
Account Based Profitability analysis in S/4 Hana Finance
SPECIAL SCENARIOS IN CONTROLLING:
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Activity dependent planning
Activity independent planning
Activity input planning
Activity output planning
Direct Activity Allocation
Indirect Activity Allocation
Cost center planning by copying plan/actual values
Plan revaluation
Mixed Costing
Joint Product Costing-Main Product, Co-Product
and By-Product Costing
Overhead key and overhead group
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CO-PA Characteristics Derivation rules
CO-PA Tables
S/4 HANA FINANCE
▪ Changes in Basic Customization
▪ Changes in General Ledger Accounting
▪ Changes in 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 and Simple Finance
▪ Release notes on Simple Finance
▪ Overview of Cash Management
▪ Overview of Integrated Business Planning
▪ Migration steps from ECC6 to S/4 Hana
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FI/CO PROJECT
COURSE CONTENTS:
Project implementation flow
Project Creation and allocation of areas to
different consultants
Business Process Reengineering
ASAP Methodology
a) Project Preparation
b) Business Blue Print
c)Realization
d) Final Preparation
e) Go Live and Support
GAP Analysis
Case Study
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FI Tables
CO Tables
How to view tables
How to view transactional data
How to create USER IDS
How to create own transaction codes
Online Support System(OSS)
System Landscape
Issues in implementation
Issues in Upgradation
Issues in Support
Tickets
Terms used in Projects and their
Meaning-cutover strategy
Rollouts/Kickoff meeting
Customization documents preparation
User documents preparation
User manual in SAP
SAP query
User Exits
Transport requests and their
Transportation process
How to make a request as a default
request
Authorization check
User parameter maintenance
Functional and technical specs
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Schedule Manager/Closing cockpit
Report Painter
Validations
Substitutions
Consulting companies and implemented
companies
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FI interview questions and answers
CO interview questions and answers
Tips for Resume preparation
Fi/Co important websites
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Classes by Mr. Shasidhar
20+ years of experienced faculty
SMART IT Solutions
Contact: 9063 248 348
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