The SAP S/4HANA SAP FI (Financial Accounting) application is responsible for the administration and presentation of accounting data and is therefore the core component of an SAP S/4HANA system. SAP FI complies with international requirements for external accounting.
The recording of all business transactions according to the document principle ensures a complete audit trail from the balance sheet to the individual document. As a result, each business case relevant to the balance sheet and profit and loss statement posted to FI or transferred to FI.
The flow of data between SAP FI and other components of the SAP system is open and integrated, which means that it characterized by automatic updating. The data is available in real-time financial accounting. This allows management to assess the financial situation of a company on an ad hoc basis and at any time.
SAP FI handles, for example, financial relationships with suppliers and customers, such as accounting for accounts receivable and payable, collecting shipments and payments, as well as processing and issuing reminders and statements. Therefore, SAP FI is essential for the preparation of business information as the basis for strategic decisions.
Financial Accounting with SAP S/4HANA
Standard SAP S/4HANA software is currently the most widely used ERP software worldwide. The Financial Accounting application is the most widely used component of the SAP S/4HANA system. Therefore, theoretical knowledge and practical experience with the SAP S/4HANA system, and especially with the core component of Financial Accounting, are often the basic requirements for entry or career advancement.
While theoretical knowledge of ERP is often part of scientific curricula, the link to practice is often lacking. Direct experience with a "live" SAP S/4HANA system gives you a clear competitive advantage.
SAP S/4HANA FI Consultant Certification
Following the two programs SAP FI - General Ledger Accounting & Annual Accounts with SAP S/4HANA and SAP FI - Asset Accounting & Special Applications you can participate in the official SAP consultant certification exam. The exam is directly by SAP SE and, after successful passing, leads to the official and fully recognized SAP certification C_TS4FI in the industry.
After successful completion of each erp4students program, a certificate is issued from the Brandenburg University of Applied Sciences. These certificates certify the successful completion of the case studies and the handling of the areas used in the SAP S/4HANA FI environment.
Advantages
Exclusive only for SAP UCC CHICO members Faculty Coordinators
- 20% discount on all ERP4STUDENTS programs
- Access the following products
- Access to the SAP ERP4students Consultants Private School which includes:
- Global Bike Inc NEW GBI GO VIDEO GAME Tournament with SAP S/4HANA Private Cloud & SAP Analytics Cloud Scape Game
- Access to the NEW 3D prototype VIDEO GAME with virtual and augmented reality | SAP SMART CITY FIORI PILOT |
- NEW SPONSORS STEAM & SPATIAL.IO (Global Bike Sharing GBS)