Introduction

SAP Simple Finance is the new ERP Financial solution developed for SAP HANA, offering real-real-time analytics at most granulated level all over the financial dimensions. SAP Simple Finance is an all-inclusive finance SAP HANA solution, which can be organized on premise or in the cloud. Intended to be easy to use, it can offer prompt insight for finance professionals. It improves the current finance solution collection from SAP, conserving its functional strength while allowing non-disruptive migration.

Course Objectives

• Understand the Basic concepts of the SAP Simple Finance
• Learn about the prerequisites for migration to the add-on
• How to install and configure SAP Simple Finance add-on.
• How to execute and analysis of migration and its results.
• How to prepare for project work in real time.

Course Curriculum

Module 1: Simple Finance with SAP HANA Database

• Mastering Business Challenges without SAP HANA
• The New SAP HANA-Based Architecture
• Structure of Journal
• Merging G/L Accounts and Cost Elements
• Compatibility Views
• Depreciation Runs
• Multidimensional Profitability Analysis
• The Challenge of Flexible Operational Reporting Needs
• Addressing the Challenges Using SAP Simple Finance
• Conceptual Advances in Reporting
• Merging of Accounts and Cost Elements
• Accounts and Other Hierarchies
• Advances for End Users.

Module 2: Introduction to HANA Concepts

• Keeping Data in Memory
• Ensure Durability
• Columnar Data Organization
• Data Encoding and Compression
• Dictionary Encoding
• Data Compression.
• Operation on Compressed Data
• Parallel Execution in Columnar Store
• Parallel Aggregation
• Delta Store and Merge
• Benefits of a Redundancy-Free System
• In-Memory Technology Removes Redundancy
• Simplifying the Core Data Model
• Benefits of the New Data Model
• Compatible Refactoring
• Transitioning to SAP Simple Finance
• Gaining Unparalleled Insights
• Removing Predefined Aggregates
• Deciding without Information Loss
• Optimizing Operations with Big Data
• Innovating with Line Item Granularity

Module 3: Data updating in HANA Database

• Information Lifecycle
• Traditional Approach: Archiving
• Modern Approach: Data Aging
• Implementation
• Avoiding Inconsistencies

Module 4: Flexible analytics with HANA

• Replacing Complex Analytics with Simplicity
• SAP HANA Live Paradigms
• SAP HANA Live Architecture
• Virtual Data Model
• Extensible Data Model

Module 5: Deploying simple Finance

• Architecture Overview
• Landscape Migration for Existing SAP ERP Systems
• Handling General Ledger Functionality
• HANA Enterprise Cloud Deployment
• Understanding Cloud Solutions In Financial Operations

Module 6: Simple Finance Concepts

• Reloading SAP ERP Financials Functionality
• Financial Accounting (FI)
• Controlling and Management Accounting (CO)
• Financial Supply Chain Management (FIN-FSCM)
• Treasury and Risk Management (FIN-FSCM-TRM)
• Cash Management
• New Applications in SAP Simple Finance
• Mastering Business Challenges without SAP HANA
• The New SAP HANA-Based Architecture
• Merging G/L Accounts and Cost Elements.
• Compatibility Views
• Immediate Benefits of the New Model
• Depreciation Runs
• Multidimensional Profitability Analysis
• New Analysis Patterns

Module 7: Simple Finance Applications

• Business Cockpits for Business People
• Working with Business Cockpits
• Defining a Business Cockpit
• Financials Operations
• Receivables Management
• Payables Management
• Networks Integration
• Order Collaboration
• Invoice Collaboration
• Discount Management
• Cash Management
• Bank Account Management
• Cash Operations
• Liquidity Management
• Simplified Data Model
• Integrated Business Planning for Finance
• Business Context
• underlying Architecture
• Planning Application
• Business Planning Process
• Profitability
• SAP Fiori Applications
• Costing-Based to Account-Based Profitability
• Analysis
• Financial Closing and Consolidation
• Process Management
• Avoiding Reconciliation Efforts
• Faster Period Close with SAP HANA
• New Closing Applications
• Revenue Accounting
• Contract Identification
• Performance Obligation Identification
• Transaction Price Determination
• Transaction Price Allocation
• Revenue Recognition
• Developing Intuitive Products
• Fiori Design Principles in SAP Simple Finance
• Fiori Application Framework and Finance
• Application Types
• Application Patterns and Controls

Module 8: SAP Lumira 1.27

• Installation
• Importing Reports
• Designing of Dynamic Reports
• Analyzing Reports

Module 9: SAP Predictive Analytics 2.2

• Installation
• Statistical Tools
• Updating R -Program
• Migration
• Analysis
• Installation
• Updating R -Program
• Migration
• Analysis

Module 10: Reporting In Simple Finance

• The Challenge of Flexible Operational Reporting Needs
• Addressing the Challenges Using SAP Simple Finance
• Conceptual Advances in Reporting
• Merging of Accounts and Cost Elements
• Advances for End Users