SAP Simple Finance Training | SAP FICO Simple Finance - S4 HANA 1909 - Key Topics

Описание: #sap #sapsimplefinance #sapfico
This video highlights the Key Topics of SAP Simple Finance like: SAP Bank Accounting, Material Ledger, Asset Accounting, Product Costing, CO-PA etc. and their importance in S/4HANA 1909.
Also know the concept of the new SAP S/4HANA Finance 1909 with its best features.

SAP Simple Finance - Introduction

The SAP Simple Finance (or S4 HANA Finance) application offers planning, consolidation, accounting and compliance on Cloud technology. Further, it offers SAP Accounting, Cash Management and all financial aspects of the organisation. These are Financial Accounting, Management Accounting, Bank Management Accounting, Profitability Analysis & Bank ledger Accounting etc.

Key Tools in SAP Simple Finance

In-Memory Technology
At the core of SAP HANA, there is a massively parallel database management system (DBMS). This DBMS runs fully in main memory.

While the traditional DBMS were designed for optimizing performance on hardware with constrained main memory. In contrast, the SAP HANA database is designed from the ground up. It works around the idea that memory is available in abundance to keep all business data.

Further, the input/ output (I/O) access to the hard disk is not a constraint in the S4 HANA Database.

Likewise, while the traditional database systems put the most effort into optimizing hard disk I/O. The SAP HANA focuses on optimizing memory access between the CPU cache and the main memory.

Features of In-memory database in SAP S/4HANA

Keep Data in Memory – Although you still need the nonvolatile storage (Disk-based memory) to ensure that write operations are durable. Since the read operations can anticipate that all relevant data resides permanently in main memory. Thus you can execute them without disk I/O.

Optimize the In-Memory Data access – Since all the data is readily available in main memory. Consequently, the data movement between the CPU cache and the main memory becomes the new performance bottleneck. SAP HANA resolves this by using the columnar store and effective data compression techniques. Hence it effectively reduces the overall size of data in memory. Not only this, but it also achieves high hit ratios in the different caching layers of the CPU.

Support Massive Parallel Data Processing – Modern computer systems have a continuously increasing number of processing cores. In order to natively take advantage of massively parallel multi-core processors, SAP HANA manages the SQL processing instructions into an optimized model. Further, this model allows parallel execution and scales incredibly well with the number of cores. The optimization includes partitioning the data in sections for which the calculations can be executed in parallel.

SAP Material Ledger
Material Ledger in SAP is primarily used to do Inventory valuation of the organisation. It is an auxiliary ledger with another main objective of carrying material prices in multiple currencies and various valuations also.

Bank Accounting
Bank Accounting in SAP is a sub-application within SAP Financial Accounting (FICO or S/4HANA Finance). It deals with managing accounting transactions with your banks. Further, it helps you to manage both incoming and outgoing payments for effective cash-balance management.

Even more, you can define all the country-specific parameters for manual and electronic payment processing, payment forms, data media, settings for lockbox processing (USA operation specific) and more.

Profitability Analysis - COPA
We use Profitability Analysis opted for costing based because it was much powerful and very integrated with Product Costing. It is more useful as it allowed the use of valuations to import in CO-PA sales order statistical conditions.

SUBSCRIBE my channel for more educational videos and updates on SAP Simple Finance Training or to watch the complete SAP FICO Free Training Videos.

If you are interested to learn complete SAP S/4HANA Finance 1909 with Product Costing, please contact at the below mentioned contact details.

For full course details and curriculum, please visit:
https://skillstek.com/sap-s4hana-fina...
Or
https://skillstek.com/sap-s4-hana-fin...

Read Free blog articles at:
https://skillstek.com/blog

Contact Details:
Email - [email protected] Or [email protected]
WhatsApp:- +91-9556432150
Website: https://skillstek.com

View me on Social Media:-
LinkedIn:-   / pradeephota  
Twitter:-   / pradeephota8  
Blogger:- https://pradeephotasap.blogspot.com/

View Skillstek on:
Facebook:   / skillstekedu  
Instagram:   / skillsteksap  
YouTube Channel:    / skillstek