Sap Finance

Tags: SAP

Master SAP Finance and Controlling

Last updated 2022-01-10 | 4.2

- At the end of the course students would have acquired understanding of concepts
- configuration and business process used in SAP Finance. You can work as SAP Finance consultant along with other SAP consultant.

What you'll learn

At the end of the course students would have acquired understanding of concepts

configuration and business process used in SAP Finance. You can work as SAP Finance consultant along with other SAP consultant.

* Requirements

* Students need to have some knowledge and experience of basic accounting. They should also be familiar with basic navigation in SAP ERP system

Description

SAP is the biggest global player in ERP space. SAP finance is the most sought after module. Master SAP finance Business Process, Configuration, Testing and various SAP finance and accounting concepts. This course on SAP Finance covers business process, concepts, configuration and testing on SAP Finance topics like Enterprise structure, General Ledger, Accounts Payable, Accounts Receivable, Bank Accounting, Electronic Bank statements, Dunning, New General Ledger etc. Topics covered in SAP Controlling are Organization structure, Cost Element Accounting, Cost Center Accounting, Master data creation, Planning, Budgets, Actual Posting, Variances, Report Painter, SAP Standard Controlling Reports, Assessments and Distributions in Cost Center Accounting, Product Costing ( Over head Costing Sheet, Costing variant, Valuation Variant, Cost Component structure, WIP, Variances, Period End Process etc.), Internal Orders, Profit Center Accounting

Enterprise structure: Define Company, Company Code, Segments, Functional Area, Controlling Area, Credit Control Area

Company code global settings: Fiscal Year Variant, Assign Fiscal Year Variant to Company Code, Posting Period Variant, Assign Posting Period Variant to Company Code, Open and Close Posting Period Variant, Define Field Status Variant, Company Code Global Parameters, Chart of Accounts, Define GL Account Groups, Retained Earning Account, Document Type, Document number Range, Posting Key, GL Account Tolerance, Employee Tolerance, Assign Users to Tolerance Groups

General Ledger: GL Master Data Fields and Purpose, Create GL Accounts, Copy GL Accounts from Chart of Accounts, Copy GL Accounts from Company Code, Open Item Clearing, Cross Company code transactions, Special GL transactions.

Foreign Currency Valuation

Accounts Payable: Create Number range for Vendors, Vendor Account Group, Assign Number Range to Vendor Account group, Define Sensitive fields for dual control, create customer master records, Maintain Terms of Payments, Special GL transactions

Electronic Vendor Payments: Global settings for vendor payments, Vendor payment process, Configure Payment Methods - Check, ACH, Wire Transfer in SAP (FBZP), Update Vendor Master Data in SAP for Payment Methods, Test vendor payments in SAP, Electronic Payment file creation using DMEE

Accounts Receivable: Customer Account Group, Customer master Number range, Sensitive fields for dual control, Create customer master records, Main Terms of Payments for customer, Dunning, Special GL Transactions

Dunning: Dunning Procedure, Dunning Level, Dunning Charges, DUNNING TEXT/Form, Execute Dunning (F150)

Bank Accounting: Bank Key, House Bank, Bank Accounts, Electronic Bank Statements

Automation using Accrual Engine: Define Accrual Types, Define Permitted Company Codes and Fiscal Year, Define Accrual Object Categories, Define Number Range for Accrual Objects, Define Customer Settings for Components, Define Standard settings for Accrual calculation, Define Posting Control, Define Set of Rules for Account Determination etc.

Taxation: Tax Calculation Procedure, condition types, Assign tax calculation procedure to country, Tax codes for sales / purchase tax, General Ledger Account for the Tax postings

Asset Accounting : Asset Management Overview, Asset Master Records, Asset Acquisitions and Maintenance, Asset Transfers, Asset Retirements, Depreciation, Reporting

Electronic Bank Statements : Electronic Bank Statement business process, EBS configuration steps in SAP, EBS test file creation and end to end testing in SAP

Lockbox: Lockbox automates check receipt and clearing process in SAP. SAP Lockbox is extensively used by large manufacturing organization, MNC, Banks etc. Lockbox business process, Lockbox configuration in SAP, Customer master data update, Lockbox file structure and it’s creation, end to end testing of Lockbox process

Organizational Structure: Operating Concern, Controlling Area, Controlling versions, CO number range etc.

Cost Element Accounting: Primary Cost Elements, Secondary Cost Elements, Cost Element Categories, Cost Element Groups etc.

Cost Center Accounting: Master Data creation ( Cost Center, SKF, Activity Type), Cost Center Hierachy, Cost Center Planning, Activity Type Price Calculation ( Automatic or Manual), Cost Center Budget, Actual Posting to cost center, Variances, Report Painter, SAP standard controlling Reports, Allocation, Assessments, Distribution of Costs among cost objects

Product Costing: SAP Product Costing configuration: Product Costing Configuration, Costing Sheet, Costing Variant, Cost Component Structure, WIP Settings, Variance Calculation, Production Planning Configuration, SAP FI-MM integration configuration : Define Plant, Define Storage Location, Maintain Purchase Organization, Assign Plant to Company Code, Define Valuation Level, Assign Purchase Org to Co. Code, Assign Pur Org to Plant, Create Purchasing Groups, Define Attributes of Material Type, SAP Standard Costing variant configuration: Define Costing Type, Define Valuation Variant, Define Date Control, Define Quantity Structure Control, Checks BOM Selection, Check BOM Application Area, Check Routing Selection, Define Transfer Control, Define Costing Variant, SAP Cost Component Structure Configuration : Define Cost Component Group, Define Cost Component Structure, Define Cost Components with attributes, Assign CE to Cost Components, Assign Cost Component STR to Org. Unit, SAP WIP/ RA settings configuration: Define RA Key, Define CE for WIP, Define RA version, Define Valuation Method Actuals, Define Line ID, Define Assignment, Define Update, Define Posting Rule for settling WIP, SAP Product Costing variance configuration: Define Variance Key, Define default variance key for Plant, Define Variance Variant, Define Variance (Actual Cost-Std Cost) etc.

SAP FI-MM Integration: Define Plant, Define Storage Location, Maintain Purchase Organization, Assign Plant to Company Code, Define Valuation Level, Assign Purchase Org to Co. Code, Assign Purchase Org to Plant, Create Purchasing Groups, Define Attributes of Material Types, Maintain Company Codes for Material Management, Copy plant parameters from 1000 to our plant, Define Invoice automatic status change, Define Valuation Control, Group together Valuation area, Define Valuation Class, FI-MM Automatic postings (OBYC)

Internal Orders: Internal Order Business Process (Create Internal Order, Maintain Budget, Supplement / Reduce budget, Post Actual, Check Internal Order Report, Variances etc.), Order Type, Model Order, Budget Profile, Allocation Structure, Budgetary Control etc.

Profit Center Accounting: Activate Profit Center Accounting, Maintain Controlling Area settings for Profit center, Create Profit Center Group, Create Profit Center, Profit Center Standard Hierarchy, Profit Center Assignment Monitor, Assign Default Profit center, Profit Center Plan and Actual Line-Item Report etc.

This course includes 103 video lectures which explain the SAP Finance accounting concepts, configuration steps, Testing scenarios. This course is very comprehensive. You can do all lectures and master SAP Finance or you can do topics of your interest like Electronic payments to vendors, Dunning, Automation, Lockbox etc. After completing the course, you will have good understanding of SAP finance accounting concepts, configuration methods and their logic, Business scenarios to be tested, SAP finance automation concepts etc. You will be able to work as SAP Finance consultant in a SAP Implementation, production support, testing project. In addition to all core SAP finance topics, this course also covers some of the latest topics like Electronic Bank statements, Lockbox, Dunning, Accrual engine in SAP Finance.

Who this course is for:

This course is suitable for people aspiring to work as SAP Finance consultant in SAP Implementation, Production support, Testing project. Students should have some accounting knowledge and experience of working in accounts department. This course can also be takeb by existing SAP consultant working in other SAP modules like manufacturing, Sales and distribution aspiring to learn SAP Finance module

Course content

18 sections • 102 lectures

Introduction 1 lectures

Introduction Preview 05:33

Overview of SAP Finance course content

Enterprise Structure 3 lectures

Enterprise Structure in SAP - Part 1 Preview 02:36

Enterprise Structure in SAP - Part 2 Preview 09:31

Enterprise Structure in SAP - Part 3 Preview 08:29

Company Code Global Settings in SAP Finance 8 lectures

Co. Code Global Settings- Fiscal Year Variant Preview 06:53

Co. Code Global Settings - Posting Period Variant Preview 06:01

Co. Code Global Settings - Field Status Variant, Global Parameters Preview 08:36

Co. Code Global Settings - Chart of Accounts Preview 10:31

Co. Code Global Settings - Document Type Preview 03:58

Co. Code Global Settings - Number Range, Posting Key Preview 07:28

Co. Code Global Settings - Tolerance Group Preview 09:39

SAP Finance Quiz 1

SAP General Ledger 3 lectures

SAP General Ledger Master Data Preview 10:20

Copy General Ledger Accounts from another Co. Code or Chart of Accounts Preview 03:02

SAP GL Accounts Open Item Clearing Preview 04:13

Accounts Payable in SAP 3 lectures

Accounts Payable - Vendor No. Range, Vendor Account group, Sensitive fields Preview 14:02

Accounts Payable - Create Vendor Master Preview 03:36

Accounts Payable - Vendor Payment Terms Preview 05:30

Vendor Payments Process and Configuration in SAP 9 lectures

Vendor Payments - Business Process Preview 03:50

Vendor Payments - Bank Key Preview 01:49

Vendor Payments- House Bank Preview 05:04

Vendor Payments- All Company Code Preview 04:43

Vendor Payments- Paying Company Code Preview 04:57

Vendor Payments-Payment Methods per Country Preview 06:05

Vendor Payments- Bank Determination Preview 09:03

Vendor Payments- Update Vendor Master with Vendor Payment Method Preview 04:05

Vendor Payments - Testing Vendor Payments Preview 03:16

Dunning 1 lectures

Dunning in SAP Preview 08:24

Bank Accounting in SAP 1 lectures

Bank Accounting in SAP Preview 06:04

SAP General Ledger, Accounts Payable business process testing 3 lectures

GENERAL Ledger Business process and Testing Preview 10:06

Accounts Payable - Business Process and Testing Preview 18:49

Special General Ledger transactions Business process and Testing Preview 09:00

SAP Accounts Receivable 3 lectures

Customer master data creation Preview 11:13

Accounts Receivable - Business Process and Testing Preview 09:21

SAP Finance Quiz 2

Automation in SAP Finance 6 lectures

Automation in SAP Finance Preview 11:44

Automation : Prepaid Expenses Concepts Preview 03:30

Automation: Accrual Engine Configuration -1 Preview 09:23

Automation: Accrual Engine Configuration -2 Preview 05:59

Automation: Accrual Engine Configuration -3 Preview 18:37

Automation : Prepaid Expenses Business Process and Testing Preview 06:39

Asset Management in SAP 7 lectures

Asset Management Overview Preview 08:00

Asset Master Data creation in SAP Preview 06:32

Asset Acquisition and Maintenance in SAP Preview 05:50

Asset Transfer in SAP Preview 06:40

Asset Inter company transfer in SAP Preview 07:07

Asset Retirement and Scrapping in SAP Preview 15:09

Asset Depreciation calculation and posting in SAP Preview 03:52

Electronic Bank Statement 7 lectures

Electronic Bank Statement Business Process and Overview Preview 03:19

Electronic Bank Statement Business Process..continued Preview 03:00

Electronic Bank Statement Configuration in SAP Preview 03:26

Electronic Bank Statement Configuration in SAP..Continued Preview 08:41

Electronic Bank Statement Configuration in SAP.. Continued Preview 07:01

Electronic Bank Statement Format - BAI2 Preview 10:16

Electronic Bank Statement creation and testing in SAP Preview 09:26

SAP Lockbox 11 lectures

SAP Lockbox Overview Preview 08:47

SAP Lockbox Configuration-1 Preview 05:25

SAP Lockbox Configuration - 2 Preview 07:03

SAP Lockbox Configuration-3 Preview 03:45

SAP Lockbox Configuration -4 Preview 08:55

Customer Master Data Update for Lockbox Posting Preview 03:38

SAP Lockbox File Structure - 1 Preview 04:28

SAP Lockbox File Structure - 2 Preview 12:39

SAP Lockbox File Structure - 3 Preview 05:05

SAP Lockbox File Structure - 4 Preview 03:13

SAP Lockbox Testing Preview 10:19

SAP Cost Center Accounting 13 lectures

Controlling Tutorial -1 Preview 01:58

Controlling Overview, Organization Structure, Cost Element Accounting

Controlling Tutorial -2 Preview 18:06

Create Controlling Number range, Create Cost Elements master data, Understand Cost element categories, Create Cost Element Groups

Controlling Tutorial -3 Preview 18:25

Cost Center accounting fundamentals in SAP, Create Cost center in SAP, Create Cost center hierarchy, Create Cost Center Group

Controlling Tutorial -4 Preview 13:48

Understand Statistical Key figures in SAP, Create SKF in SAP, Create SKF groups

Controlling Tutorial -5 Preview 07:51

Understand activity type use in SAP, Create Activity Type master data in SAP, Create activity type groups

Controlling Tutorial -6 Preview 13:02

Cost Center Planning, Plan activity independent values for cost center using transaction code KP26, KP06, Activity dependent planning, Create SKF plan values for the cost center,

Controlling Tutorial -7 Preview 16:42

Plan cost splitting, Plan activity price calculation - automatic / manual, Create cost splitting structure

Controlling Tutorial -8 Preview 27:09

Cost Center Accounting summary

Controlling Tutorial-9 Preview 34:47

SAP Cost Center Accounting Allocation - Reposting & Distribution

Controlling Tutorial -10 Preview 19:29

SAP Cost Center Accounting Allocation - Assessment

Controlling Tutorial -11 Preview 02:10

SAP Report painter, Create Custom Planning in SAP, Planner Profile, Learn Excel upload of plan activity type using custom planning layout

Controlling Tutorial -12 Preview 21:58

SAP Report painter, Create Custom Planning in SAP, Planner Profile, Learn Excel upload of plan activity type using custom planning layout

SAP Controlling : Quiz 1

Internal Orders in SAP 4 lectures

Internal Orders in SAP -1 Preview 16:46

Internal Order, Concept, Configuration

Internal Orders in SAP -2 Preview 07:50

Internal Order configuration in SAP

Internal Orders in SAP -3 Preview 22:44

Internal Order Business process, End to End test scenario and reports in SAP

SAP Controlling Quiz 3

SAP Profit Center Accounting 2 lectures

SAP Profit Center Accounting - 1 Preview 18:04

SAP Profit Center Accounting - 2 Preview 26:16

Configuration, End user transactions and Reports in SAP Profit Center Accounting

SAP Product Costing Advance 17 lectures

SAP Product Costing Advance- 1 Preview 06:31

SAP Product Costing Advance- 2 Preview 29:35

SAP Finance company code configuration. Define Company Code, Define Credit Control Area, Define Company Code, Assign Company code to Controlling Area, Define Field Status Variant, Assign Company Code to Field Status Variant, Define Posting Period Variant, Assign Company Code to Posting Period Variant, Open Posting Period Variant, Maintain Fiscal Year Variant, Assign Company Code to Fiscal Year Variant, Enter Global Parameters, Define Document Number Range etc.

SAP Product Costing Advance- 3 Preview 24:49

Configure Cost Center Accounting : Maintain Company Code Global Parameters, Create Controlling Area, Create Controlling Number Range, Create Controlling versions, Create Cost Elements, Create Secondary CE, Create Cost Centers, Create Activity Types, Display Cost Center Report

SAP Product Costing Advance- 4 Preview 31:49

Cost Center Accounting Planning : Activity Independent Cost Center Planning, Plan CE per Cost Center, Activity Dependent Planning, Plan activity hours per cost center, Plan Activity dependent Cost per cost center, Plan Cost Splitting, Plan Price Calculation, Display Activity Prices

SAP Product Costing Advance- 5 Preview 39:21

SAP FI-MM integration configuration : Define Plant, Define Storage Location, Maintain Purchase Organization, Assign Plant to Company Code, Define Valuation Level, Assign Purchase Org to Co. Code, Assign Pur Org to Plant, Create Purchasing Groups, Define Attributes of Material Types, Maintain Company Codes for Material Management, Copy plant parameters from 1000 to our plant, Define Invoice automatic status change, Define Valuation Control, Group together Valuation area, Define Valuation Class, FI-MM Automatic postings (OBYC)

SAP Product Costing Advance- 6 Preview 21:38

SAP Product Costing configuration :Product Costing Configuration, Costing Sheet, Costing Variant, Cost Component Structure, WIP Settings, Variance Calculation, Production Planning Configuration

SAP Product Costing Advance- 7 Preview 26:03

SAP Standard Costing variant configuration : Define Costing Type, Define Valuation Variant, Define Date Control, Define Quantity Structure Control, Checks BOM Selection, Check BOM Application Area, Check Routing Selection, Define Transfer Control, Define Costing Variant

SAP Product Costing Advance- 8 Preview 23:02

SAP Cost Component Structure Configuration : Define Cost Component Group, Define Cost Component Structure, Define Cost Components with attributes, Assign CE to Cost Components, Assign Cost Component STR to Org. Unit, Activate Cost Component Structure, Activate CCS to Controlling Area currency, Define Costing Variant for Plan, Define Costing Variant for Actual

SAP Product Costing Advance- 9 Preview 47:26

SAP WIP/ RA settings configuration: Define RA Key, Define CE for WIP, Define RA version, Define Valuation Method Actuals, Define Line ID, Define Assignment, Define Update, Define Posting Rule for settling WIP, Define Cost Object Controlling Number Ranges

SAP Product Costing Advance- 10 Preview 16:05

SAP Product Costing variance configuration: Define Variance Key, Define default variance key for Plant, Define Variance Variant, Define Variance (Actual Cost-Std Cost), Define Controlling Area version for planning, Define Number Range for Variance Doc, Create Prod Order Settlement Profile, Maintain Number Range for settlement Doc

SAP Product Costing Advance -11 Preview 18:15

SAP Product Costing Advance -12 Preview 28:36

SAP Product Costing Advance -13 Preview 14:13

Product Costing business user transactions. Standard cost calculation in SAP using Tcode CK11N, Standard cost mark and release using Tcode CK24. CK11N standard cost verification with quantity, prices etc. entered in BOM, Routing, Material Master and Cost Center Planning

SAP Product Costing Advance -14 Preview 21:47

Product Costing end user transactions: Create Production Order, Create Purchase Order for Raw Material, Receive Raw Material from Vendor, Issue Raw Material to Production Order, Confirm Actual Hours spent at work center, Compare Planned Cost and Actual Cost

SAP Product Costing Advance -15 Preview 23:30

Post Actual Cost, Verify Actual Cost to Cost Center, Actual Cost Splitting for Cost Center

Actual Activity Price Calculation, Manually Enter Activity Prices if required, Verify Activity Prices

Revalue Activities at Actual Prices, Calculate Actual OH, Verify Planned Cost and Actual Cost of Order

SAP Controlling Quiz 2

SAP Product Costing Advance -16 Preview 19:13

Calculate WIP for Production Order, Settle Production Order, cut off Previous Period, Post Goods Receipt from Production Order, Variance Calculation