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