SAP Finance
3.8 (14 ratings)
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SAP Finance

Master SAP Finance
3.8 (14 ratings)
Instead of using a simple lifetime average, Udemy calculates a course's star rating by considering a number of different factors such as the number of ratings, the age of ratings, and the likelihood of fraudulent ratings.
75 students enrolled
Created by MKS Consultancy
Last updated 7/2017
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Current price: $22 Original price: $90 Discount: 75% off
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  • 7.5 hours on-demand video
  • 11 Supplemental Resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
What Will I Learn?
  • At the end of the course students would have acquired understanding of concepts, configuration and business process used in SAP Finance. You can work as SAP Finance consultant along with other SAP consultant.
View Curriculum
  • Students need to have some knowledge and experience of basic accounting. They should also be familiar with basic navigation in SAP ERP system

SAP is the biggest global player in ERP space. SAP finance is the most sought after module. Master SAP finance Business Process, Configuration, Testing and various SAP finance and accounting concepts. This course on SAP Finance covers business process, concepts, configuration and testing on SAP Finance topics like Enterprise structure, General Ledger, Accounts Payable, Accounts Receivable, Bank Accounting, Electronic Bank statements, Dunning, New General Ledger etc

Enterprise structure: Define Company, Company Code, Segments, Functional Area, Controlling Area, Credit Control Area

Company code global settings: Fiscal Year Variant, Assign Fiscal Year Variant to Company Code, Posting Period Variant, Assign Posting Period Variant to Company Code, Open and Close Posting Period Variant, Define Field Status Variant, Company Code Global Parameters, Chart of Accounts, Define GL Account Groups, Retained Earning Account, Document Type, Document number Range, Posting Key, GL Account Tolerance, Employee Tolerance, Assign Users to Tolerance Groups

General Ledger: GL Master Data Fields and Purpose, Create GL Accounts, Copy GL Accounts from Chart of Accounts, Copy GL Accounts from Company Code, Open Item Clearing, Cross Company code transactions, Special GL transactions.

Foreign Currency Valuation

Accounts Payable: Create Number range for Vendors, Vendor Account Group, Assign Number Range to Vendor Account group, Define Sensitive fields for dual control, create customer master records, Maintain Terms of Payments, Special GL transactions

Electronic Vendor Payments: Global settings for vendor payments, Vendor payment process, Configure Payment Methods - Check, ACH, Wire Transfer in SAP (FBZP), Update Vendor Master Data in SAP for Payment Methods, Test vendor payments in SAP, Electronic Payment file creation using DMEE

Accounts Receivable: Customer Account Group, Customer master Number range, Sensitive fields for dual control, Create customer master records, Main Terms of Payments for customer, Dunning, Special GL Transactions

Dunning: Dunning Procedure, Dunning Level, Dunning Charges, DUNNING TEXT/Form, Execute Dunning (F150)

Bank Accounting: Bank Key, House Bank, Bank Accounts, Electronic Bank Statements

Automation using Accrual Engine: Define Accrual Types, Define Permitted Company Codes and Fiscal Year, Define Accrual Object Categories, Define Number Range for Accrual Objects, Define Customer Settings for Components, Define Standard settings for Accrual calculation, Define Posting Control, Define Set of Rules for Account Determination etc.

Taxation: Tax Calculation Procedure, condition types, Assign tax calculation procedure to country, Tax codes for sales / purchase tax, General Ledger Account for the Tax postings

Asset Accounting : Asset Management Overview, Asset Master Records, Asset Acquisitions and Maintenance, Asset Transfers, Asset Retirements, Depreciation, Reporting

Electronic Bank Statements : Electronic Bank Statement business process, EBS configuration steps in SAP, EBS test file creation and end to end testing in SAP

Lockbox: Lockbox automates check receipt and clearing process in SAP. SAP Lockbox is extensively used by large manufacturing organization, MNC, Banks etc. Lockbox business process, Lockbox configuration in SAP, Customer master data update, Lockbox file structure and it’s creation, end to end testing of Lockbox process

This course includes 64 video lectures which explain the SAP Finance accounting concepts, configuration steps, Testing scenarios. This course is very comprehensive. You can do all lectures and master SAP Finance or you can do topics of your interest like Electronic payments to vendors, Dunning, Automation, Lockbox etc. After completing the course, you will have good understanding of SAP finance accounting concepts, configuration methods and their logic, Business scenarios to be tested, SAP finance automation concepts etc. You will be able to work as SAP Finance consultant in a SAP Implementation, production support, testing project. In addition to all core SAP finance topics, this course also covers some of the latest topics like Electronic Bank statements, Lockbox, Dunning, Accrual engine in SAP Finance.

Who is the target audience?
  • This course is suitable for people aspiring to work as SAP Finance consultant in SAP Implementation, Production support, Testing project. Students should have some accounting knowledge and experience of working in accounts department. This course can also be takeb by existing SAP consultant working in other SAP modules like manufacturing, Sales and distribution aspiring to learn SAP Finance module
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Curriculum For This Course
64 Lectures
1 Lecture 05:33

Overview of SAP Finance course content

Preview 05:33
Enterprise Structure
3 Lectures 20:36
Enterprise Structure in SAP - Part 1

Enterprise Structure in SAP - Part 2

Enterprise Structure in SAP - Part 3
Company Code Global Settings in SAP Finance
7 Lectures 53:06

Co. Code Global Settings - Posting Period Variant

Co. Code Global Settings - Field Status Variant, Global Parameters

Co. Code Global Settings - Chart of Accounts

Co. Code Global Settings - Document Type

Co. Code Global Settings - Number Range, Posting Key

Co. Code Global Settings - Tolerance Group
SAP General Ledger
3 Lectures 17:35
SAP General Ledger Master Data

Copy General Ledger Accounts from another Co. Code or Chart of Accounts

SAP GL Accounts Open Item Clearing
Accounts Payable in SAP
3 Lectures 23:08

Accounts Payable - Create Vendor Master

Accounts Payable - Vendor Payment Terms
Vendor Payments Process and Configuration in SAP
9 Lectures 42:52
Vendor Payments - Business Process

Vendor Payments - Bank Key

Vendor Payments- House Bank

Vendor Payments- All Company Code

Vendor Payments- Paying Company Code

Vendor Payments- Bank Determination

Vendor Payments- Update Vendor Master with Vendor Payment Method

Vendor Payments - Testing Vendor Payments
1 Lecture 08:24
Dunning in SAP
Bank Accounting in SAP
1 Lecture 06:04
Bank Accounting in SAP
SAP General Ledger, Accounts Payable business process testing
3 Lectures 37:55
GENERAL Ledger Business process and Testing

Special General Ledger transactions Business process and Testing
SAP Accounts Receivable
2 Lectures 20:34
Customer master data creation

Accounts Receivable - Business Process and Testing
4 More Sections
About the Instructor
MKS Consultancy
3.7 Average rating
33 Reviews
138 Students
4 Courses
SAP Training and Consultancy

MKS Consultancy is an education and training provider. We are a team of SAP consultants with more than 20 years of SAP Implementation, Development, Testing experience. We specialize in providing consultancy and training in the areas of SAP Finance, Controlling, Treasury, Business Planning and Consolidation. Experience of head instructor as below:

Instructor is a Chartered Accountant, MBA and SAP Finance Certified

He has more than 20 years of experience in implementing global SAP projects

He has deep expertise in SAP Finance, Controlling, Treasury and BPC

He can address any Technical question in SAP

lectures provides sound conceptual knowledge of SAP, detailed configuration and development steps and real world SAP implementation examples.

* Please note discounts may be slightly higher than advertised amount due to rounding and currency conversion.