Introduction To SAP Simple Finance: Page 1-1

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Introduction to SAP Simple Finance

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SAP SFIN Trainer Background

 Over a decade of SAP Consulting Experience


 SAP Certified – SFIN, FICO, S4Hanna
 Bachelors in Accounting
 Masters in Accounting
 MBA Finance
 Certified Chartered Accountant

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SAP SFIN What is SAP Simple Finance?

SAP Simple Finance: the new ERP Financial Solutions portfolio built
for SAP HANA, allowing “real-real-time” analytics at “most granular
level” across all financial dimensions.

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SAP SFIN Why SAP Simple Finance?

1. Upgrade: After successfully running previous SAP architecture for


over 20 years, SAP has decided to take their ERP to the next level,
transitioning from R/3 to S/4 Hana

2. Processing Speed: Previously SAP did not own its own database
instead the database layer (Relation Database Management
System) which held the data was either on Oracle, SQL, Access,
etc., but S/4 Hana changed it completely and SAP has now moved
from R/3 to S4 Hana, which made execution of transactions and
reporting significantly faster.

3. Reports: In memory database took reporting to new level with the


help of Live Hana Reports, SFIN Report, Fiori, etc.

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SAP SFIN Why SAP Simple Finance?

4. Apps: Its time to say goodbye to SAP GUI. SAP Fiori is the new
user experience, which applies modern design principles for a
completely reimagined user experience. SAP Fiori UX represents a
personalized, responsive and simple user experience across
devices and deployment options

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SAP SFIN Why it is called Simple Finance?

1. SAP Simple Finance is a comprehensive finance solution


based on SAP HANA, which can be deployed in the cloud or on
premise. Designed to be easy to use, it can deliver instant
insight for finance professionals. It enhances the current finance
solution portfolio from SAP, preserving its functional strength
while enabling non-disruptive migration.

2. SAP Accounting and Controlling is powered by SAP S4HANA

3. Simple Finance is one of the base-components of SAP


S4HANA

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SAP SFIN Who should be doing this course?

1. End-Users who might be migrating to Simple Finance

2. Experienced users targeting to become SAP Consultants

3. Experienced SAP FICO Consultants

4. Others such as Finance Managers, System Analyst, or anyone


looking to evaluate enhancement of Simple Finance in existing
SAP environment

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SAP SFIN Who should not be doing this course?

1. Anyone who has no prior SAP knowledge, they should be starting


from a beginner course!

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SAP SFIN Course Overview

This course has been divided into 8 major sections, in which


various sub-sections are covered.

1. Introduction to SAP Simple Finance

2. Overview includes SAP HANA, HANA Deployment, HANA


Architecture, Simple Finance, Central Finance, General Ledger and
Cost Elements, Managing Ledgers, Asset Accounting, Controlling,
Cash Management, Integrated Business Planning, etc.

3. Overview of ASAP Methodology

4. Migration journey from Project Preparation Phase to Simple


Finance

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SAP SFIN Course Overview

5. Customization includes General Ledger, Controlling, Asset


Accounting, etc.

6. Migration includes Data Migration, Post Processing, etc.

7. Reporting in Simple Finance

8. Certification includes How to pass SAP Simple Finance


certification

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SAP SFIN SAP Fiori Preview

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SAP SFIN SAP Fiori User Roles

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SAP ERP

The End

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