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. Thanks to the cooperation with SAP University Alliances and SAP Next-Gen, the exam offered at special prices for students.
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
Includes 20 hours of live classes at no additional cost, IBP Epistemy Press Publishing Book, ERPsim Simulators Laboratories
Guidance on how to sign up for the exam included in the program, and tips on how to pass the exam provided in the lectures. Practice more than test questions also provided.
This program is in academic collaboration with SAP UCC CHICO. Where the student will be able to access the next products as complementary material to their training: Global Bike Latest Version | Accounting Information System (AIS) on S/4HANA