SAP S/4HANA Finance is a revolutionary financial accounting solution that leverages the latest in-memory database technology to deliver unparalleled performance and efficiency. Financial Accounting in SAP S/4HANA Finance Simplified – Questions & Answers is the most updated book in SAP Financial Accounting, in an easy-to-learn format.
This second edition builds on the first by going in-depth into SAP HANA, Fiori, and SAP S/4HANA Finance. It offers expanded coverage with clearer explanations, practical examples, and step-by-step guidance. You will learn about global settings, the document principle, and managing accounts receivable, payable, bank accounting, and asset accounting processes, making it easier to master these key concepts. The content is presented in a Q&A format with about 650 questions, enhanced with live system screenshots, examples, and illustrations for better understanding. It also includes menu paths and transaction codes for system customization and task execution, making it an effective learning resource.
By the end of this book, you will have a solid understanding of financial accounting in SAP S/4HANA Finance. You will be equipped with the knowledge and skills to streamline your financial processes, improve efficiency, and make informed business decisions.
KEY FEATURES
* Comprehensive coverage of SAP FI modules and their integration with other SAP components.
* Know SAP G/L, FI-A/P, FI-A/R, FI-AA, and Bank Accounting in detail.
* Practical examples and step-by-step instructions for hands-on learning.
WHAT YOU WILL LEARN
* This new edition expands on SAP S/4HANA Finance by covering its integration with other SAP modules and cloud-based solutions.
* Configure global settings like ledgers, fiscal years, document types, and tax settings to align with your organizations specific requirements.
* Master accounts receivable and payable management, bank reconciliation, and asset accounting processes.
* Leverage advanced features like in-memory computing, real-time analytics, and automation.
* Create reports, comply with regulations, and manage financial risks.
WHO THIS BOOK IS FOR
This book is for all professionals, consultants, end-users, and business leaders involved with SAP, to gain expertise in financial accounting for better organizational performance with improved business efficiency, financial compliance, and effective reporting.
A postgraduate in Sciences, a Chartered Financial Analyst (CFA), and a Project Management Professional (PMP), Narayanan Veeriah has over 30 years of work experience in accounting, banking, finance, and Information Technology. Trained in SAP FICO, he is a practicing SAP Finance Consultant-cum-Project Manager. Experienced in various versions of SAP (SAP R/3, SAP ERP, and SAP S/4HANA), he has been instrumental in managing SAP implementations (new, rollouts, upgrades, etc.) for several multinational clients.
Until recently, he was an Executive Project Management Professional (Thought Leader) at IBM and an SAP Practice Area Leader. After retiring from IBM, he currently works as a freelancer in SAP consulting. Trained by Thames Valley University of UK, he is also a professional trainer and a visiting faculty member in the areas of ERP, SAP, Banking, etc.
Armed with an excellent understanding of SAP Financial Accounting and Controlling and with good cross-module expertise, he has authored several best-selling books on SAP Finance.
