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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