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SAP Simple Finance Training

This web-based training course on SAP Simple Finance Training functionality, administration and development, is available online to all individuals, institutions, corporates and enterprises in India (New Delhi NCR, Bangalore, Chennai, Kolkatta), US, UK, Canada, Australia, Singapore, United Arab Emirates (UAE), China and South Africa. No matter where you are located, you can enroll for any training with us - because all our training sessions are delivered online by live instructors using interactive, intensive learning methods.

Simple Finance is a part of SAP HANA's in-memory technology services being distributed in its latest iteration. Simple Finance helps in integrating effective analytics and reporting capabilities in the already capable SAP HANA with a financial perspective. Using SAP Simple Finance, the classical and traditional systems of the ERP can be replaced with this high end technology which has a much simpler data model. SAP Simple Finance integrates with SAP S4 HANA, general ledger, cost elements, Integrated business planning finance, cash management, standard and appendix ledgers, asset accounting, controlling, ASAP and a lot more goodies. Through SAP Simple Finance, trainers will also learn to deal with Master Data Settings and how to leverage them to create effective financial models. In a nutshell, using SAP finance, a common view of all financial and operational data can be created which is not just robust but also flexible and easily consumable for creating reports. Automating processes is also an inherent feature of SAP Simple Finance which can be leveraged to automate financial dealing models.


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Course Details

This SAP Simple Finance Online training course ‘is structured to provide an in-depth understanding of this flexible and user friendly financial solution. The trainees will be taught about the various methods of planning, consolidation, accounting and compliance which are needed for effectively working with SAP Simple Finance and delivering efficient financial models. Through this SAP HANA Simple Finance online course, the various elements of redundancy removal, non-disruptive innovation, data aging, deployment and adoption and more is explored in detail. Additionally, the course also covers the integration with SAP Fiori, Central Finance, SAP Lumira and predictive analysis. To successfully complete this course, it is advised that the trainees have a general understanding of SAP HANA, SAP ERP and financial accounting. However, beginners can also take up this course and begin their career path with a bang.


    Working with Simple Finance in SAP HANA Database

  • How to master Business Challenges
  • SAP HANA-Based Architecture
  • Architecture of Journal
  • How to merge G/L Accounts and Cost Elements
  • Compatibility Views
  • Depreciation Runs
  • Profitability Analysis on multiple dimensions
  • Needs of Flexible Operational Reporting
  • Using SAP Simple Finance to face challenges
  • Advances in Reporting
  • How to merge Accounts and Cost Elements
  • Accounts and Hierarchies
  • Advances for End Users
  • Introducing HANA Concepts

  • Saving Data in Memory
  • Durability
  • Organization of Columnar Data
  • Encoding and Compression of Data
  • Encoding of Dictionary
  • Compression of Data
  • Compressed Data operations
  • Columnar Store Parallel Execution
  • Parallel Aggregation
  • Delta Store and Merge
  • Redundancy-Free System Benefits
  • Core Data Model Simplification
  • New Data Model Benefits
  • Compatible Refactoring
  • Migrating to SAP Simple Finance
  • Gaining Unparalleled Insights
  • Predefined Aggregates Removal
  • Making Decisions without Information Loss
  • Operations Optimization using Big Data
  • Line Item Granularity innovations
  • How to Update Data in HANA Database

  • Lifecycle of the Information
  • Archiving
  • Data Aging
  • Implementation methodologies
  • How to avoid Inconsistencies
  • Flexible analytics using HANA

  • Replacing Complex Analytics with Simplicity
  • SAP HANA Live Paradigms
  • SAP HANA Live Architecture
  • Virtual Data Model
  • Extensible Data Model
  • Deployment of Simple Finance

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

  • 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
  • How to Merge G/L Accounts and Cost Elements
  • Compatibility Views
  • Depreciation Runs
  • Profitability Analysis on multiple dimensions
  • Patterns of Analysis
  • Simple Finance Applications

  • How to work with Business Cockpits
  • Understanding a Business Cockpit
  • Financials Operations and implementations
  • Management of Receivables
  • Management of Payables
  • Integration of Networks
  • Collaboration of Order
  • Collaboration of Invoice
  • Management of Discount
  • Bank Account Management
  • Operations in Cash
  • Management of Liquidity
  • Data Model simplification
  • Business Planning Integration for Finance
  • Context of Business
  • Architecture
  • Application Planning
  • Process of Business Planning
  • Profitability
  • Costing-Based to Account-Based Profitability
  • Analysis in Simple Finance
  • Closing and Consolidation
  • Management of Process
  • Reconciliation Efforts avoidance
  • Revenue Accounting
  • Identification of Contract
  • Obligation Identification of Performance
  • Price Determination of Transaction
  • Price Allocation of Transaction
  • Recognition of Revenue
  • SAP Fiori

  • Development of Intuitive Products
  • Design Principles of Fiori in SAP Simple Finance
  • Framework and Finance in Fiori Application
  • Types of Application
  • Patterns and Controls of Application
  • SAP Lumira 1.27

  • Installation process
  • How to import Reports
  • How to Design Dynamic Reports
  • How to analyze Reports
  • SAP Predictive Analytics 2.2

  • Installation process
  • Using Statistical Tools
  • How to update R –Program
  • Methods of Migration
  • Methods of Analysis
  • Installation procedures
Live Instructor-led & Interactive Online Sessions


Regular Course

Duration : 40 Hours


Capsule Course

Duration : 4-8 Hours

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Training Options

OPTION 1

Weekdays- Cloud Based Training

Mon - Fri 07:00 AM - 09:00 AM(Mon, Wed, Fri)

Weekdays Online Lab

Mon - Fri 07:00 AM - 09:00 AM(Tue, Thur)


OPTION 2

Weekend- Cloud Based Training

Sat-Sun 09:00 AM - 11:00 AM (IST)

Weekend Online Lab

Sat-Sun 11:00 AM - 01:00 PM


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