SAP S/4 HANA for Finance and Accounting

SAP S/4 HANA for R2R Accounting


With migration from SAP ECC to SAP S/4HANA, this module focuses on familiarizing the Operators with the new platform and guiding them to be productive from day one of working on the new platform.


This module is not a replacement of product- specific process training. It is supplemental to help operators understand what changes to expect with the SAP S/4HANA migration.


S/4HANA is a mandatory update from SAP to be implemented by all partner organizations by 2025 for continued support.




EASE OF USE

Highly intuitive, personalized, responsive and simple, which allows users to ask questions and access required details regardless of device or deployment.


INCREASED SCOPE FOR FURTHER ANALYSIS

Performs granular root cause analysis down to the level of individual line item postings via Fiori integration.


IMPROVED EFFICIENCY & SPEED

S/4HANA enables improved performance by allowing you to plan, execute and generate reports; provide predictive analytics based on live data as well astriggering period-end closing activities.



Learning Path

Complete all the learning components listed below for the Accounts Payable role group. The key messages indicate the key learnings for you in terms of transactions that you will be able to perform for the respective components.

Click on the play button of the videos listed below to watch and complete them before proceeding.

If you get an error on playing a video, open Media Exchange in another tab. After the page launches successfully, return to this page and continue the course.

MANAGE INVOICES

Record and manage the accounting data related to all payables.

Reflect any transaction in purchase that has a financial implication, both in Accounts Payable as well as General Ledger.

Show the uncleared amounts in the Advance and Creditors account.


MANAGE PAYMENTS

KEY MESSAGES:

Post vendor payments by means of Partial, Advance or Residual Payment.

Adjust advance settlement on Accounts Payable against the invoice amount.

Run reports on vendor balances that are under outstanding for less than or more than 6 months. Post bank charges.


ACCOUNTS PAYABLE ANALYSIS

KEY MESSAGES:

Execute the Automatic Payment Run Accounts Payable Analysis for outstanding invoices.


Question 1:

One of the primary benefits of migrating to SAP S/4HANA is to perform granular root cause analysis down to the level of line item postings. Which feature is the key attribute of this analysis?


Fiori Integration

Automation

Six Sigma


Question 2:

In what way does SAP S/4HANA enable improved performance?


By performance tuning

By triggering period-end closing activities; and by planning, executing and generating reports

By planning, executing and generating reports; by conducting predictive analytics based on live data; and by triggering period-end closing activities


Question 3:

State whether this statement is True or False.

SAP S/4HANA allows users to ask questions and access required details regardless of device or deployment.

True

False


Question 4:

Where can you find the RTR T-Code Reference Guide for all the sub-processes covered in this course?

Collection

Knowledge Exchange

Not available

Answers with explanation.

Question 1:

One of the primary benefits of migrating to SAP S/4HANA is to perform granular root cause analysis down to the level of line item postings. Which feature is the key attribute of this analysis?


Correct Response: Fiori integration with S/4HANA enables seamless navigation from Fiori app to another app by selecting any link, button, table row, chart header, or even chart datapoint.


Question 2:

In what ways does SAP S/4HANA enable improved performance?


Correct Response: SAP S/4HANA enables improved performance by allowing you to plan, execute and generate reports, provide predictive analytics based on live data, as well as trigger period-end closing activities.


Question 3:

State whether this statement is true or false.

SAP S/4HANA allows users to ask questions and access required details regardless of device or deployment.

Correct Response: True. This feature is enabled by offering KPIs in real time that provides access to several transactions suing a single app, such as App Overdue Receivables for Customers, App Manage Supplier Line items for Vendors.


Question 4:

Where can you find the RTR T-Code Reference Guide for all the sub-processes covered in this course?


Correct Response: The RTR T-Code Reference guide is available on Knowledge Exchange.


Final Note:

1. Seamless navigation from Fiori app to another app by selecting any link, button, table row, chart header, or even chart data point.

2. Increased Performance: Allows you to plan, execute, generate reports; provide predictive analytics based on live data; as well as trigger period-end closing activities.

3. SAP S/4HANA can be used without SAP Fiori. Both Fiori app and T-codes have been used in this training to ensure that the Operators using Fiori app or GUI can work on their tasks.


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