Financial Closing in SAP S/4HANA (S4F15)

• Basics of Customizing for Financial Accounting: GL, AP, AR in SAP S/4HANA (S4F12)

Audience

• Application consultants
• Business owners
• Power users

Financial Closing in SAP S/4HANA (S4F15) is a module that teaches the integration flow and time frame of the financial closing procedure, along with other relevant customization activities in the SAP S/4HANA system.

This instructor-led, live training (online or onsite) is aimed at application consultants and business process owners who wish to learn how to use SAP S/4HANA in managing financial closing activities.

By the end of this training, participants will be able to:

• Prepare financial statements with SAP S/4HANA.
• Perform month and year-end closing of financial accounting.
• Use SAP Financial Closing Cockpit to monitor closing operations.

Format of the Course

• Interactive lecture and discussion.
• Lots of exercises and practice.
• Hands-on implementation in a live-lab environment.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

Introduction

• Overview of SAP S/4HANA
• Overview of financial closing
• Basics settings of financial closing

Financial Statements

• Managing financial statements
• Using SAP S/4HANA reporting options

Managing Assets

• Fixed and current assets
• Executing closing activities within asset accounting
• Managing closing activities in materials management

Receivables and Payables

• Creating balance confirmations
• Managing foreign currency valuation and value adjustments
• Regrouping receivables and payables

Profit and Loss

• Cost of sales accounting
• Posting accruals and deferrals
• Accruals management

Posting Group-Specific Ledger

• Ledger group-specific FI documents

Closing Activities

• Managing period-end closing activities
• Executing balance audit trail
• Document splitting in general ledger accounting

Financial Closing Cockpit

• Managing the financial closing cockpit

Intercompany Reconciliation

• Executing the intercompany reconciliation process

Summary and Next Steps