SAP S4 HANA Finance Tutorial for Beginners
Users are now able to reimagine finance with the SAP S/4HANA Finance solution (formerly SAP Simple Finance). This ERP financial software runs on the in-memory platform of SAP HANA, and supports financial planning and accounting, among others. Almost all verticals are familiar with SAP S/4 HANA Finance. And therefore, the pay scale of SAP S/4 HANA experts is around $100,000.
Watch this SAP Fico Video This free introduction to SAP HANA finance tutorial will provide you with the necessary experience in SAP HANA basics, Pathway to S4 HANA, Features & Architecture of S4 HANA, General ledger accounting, Account types, Managing ledgers in SAP, Reporting options, Management accounting in S/4 HANA Finance, Integrating Business Planning for Finance and Migration to S/4 HANA Finance.
In the present time, SAP HANA finance can be used widely in multiple use cases like S/4HANA deployment option, with the unifying feature being one or more legacy ERP’s that will transfer financial data to Central Finance, statutory reporting and transition to regional template. Replacing the responsibility of data maintenance on the traditional systems, it simplifies administrator’s tasks in the digital platforms. The in-memory data support in SAP HANA supports smoother processing of data transactions with fault-tolerance analysis. With SAP HANA, you can perform simple data operations on a unified cloud platform.
Here we have the list of topics if you want to jump right into a specific one:
Special features of SAP HANA :
In the present time, SAP HANA can be used widely in multiple use cases database management and solutions including big data processing and implementing business warehousing processes. It has received an excellent rating from analysts for its in-memory computing engine on huge volumes of data and deploys real-world projects. It offers an advanced relational database product with a high-performance analytic system, HANA.
This tutorial is designed with a similar perspective facilitating a large number of business groups and IT organizations to create gen-next digital applications and perform real-time analytics in the SAP HANA for gaining efficient business results.
Intellipaat’s SAP HANA finance tutorial is a complete learning package that lists its top features and helps you know better about SAP HANA processes and performance. The best of all- each and every topic are comprehensively illustrated using real-world and day-to-day business operation examples. You can even take quick and appropriate business decisions by implementing the techniques of SAP HANA in your database and business warehousing projects, ensuring the overall growth of your organization.
SAP HANA Finance Tutorial Video :
What is SAP?
SAP is an acronym for System Application Products in Data Processing. It is a system that provided users with a soft real-time business application that could be used in multiple currencies and languages. SAP solutions include a number of functional modules, which support transactions to execute key business processes.
SAP is especially well-known for its Enterprise Resource Planning (ERP) and data management programs. It has evolved to replace all company spreadsheets with a single user accounting package within the business management system of the particular firm. SAP is also known for developing Graphical User Interface or GUI.
Recommended Audience :
- Accounting professionals
- Business analysts and consultants
- Business process architects and owners
- Project managers
- Business executives.
Watch this SAP FICO vs SAP S4 HANA Finance Video
There are no prerequisites for taking this training course. Basic knowledge of financial management and business processes is beneficial.