SAP Simple Finance Online Training

You will learn SAP Simple Finance Online Training With main topics i.e data updating in Hana database, flexible analytics with Hana, deploying simple finance, simple finance concepts, simple finance applications, sap lumira 1.27, sap predictive analytics 2.2, reporting in simple finance, etc.

  • Duration: 20-25 hours
  • Fast-track / Weekend batches
  • Instant Doubt Clarification
  • 15+ y Experienced Faculty
  • 100% Hands on Classes
  • Real time Scenarios
  • Free Bundle Videos
  • Sample Resumes
  • Interview Q&A
online training

SAP Simple Finance Online Training

You will complete this course within 20-25 hours.

we will provide for the students fast track & Weekend Batches at your flexible timings.

Basic database architectural idea and knowledge of SQL will help to flourish in SAP HANA domain. The SAP provides very good self-explanatory documentation and books to learn HANA. If you know your subject of interest, then you can learn SAP HANA easily. Obviously, working in practical environment will or enrich your knowledge more.

Do the faculty have a real-time experience?
Yes, the faculty has more than 15+ years of experience in real-time.

How many batches does trainer complete for this course?
✓ Successfully trained more than 40 batches
✓ Trained more than 350 learners

Will the trainer concentrate on the practical sessions?
Absolutely, the trainer concentrates on 30% theoretical and 70% on practical.

Do the faculty clear all the doubts during the session?
Obviously, the faculty clears all the doubts during the session.

Simple Finance with SAP HANA Database

  • Mastering Business Challenges without SAP HANA
  • The New SAP HANA-Based Architecture
  • Structure of the 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.

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

Data updating in HANA Database

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

Flexible analytics with HANA

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

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

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

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

SAP Lumira 1.27

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

SAP Predictive Analytics 2.2

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

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

What you will get!

The trainer will provide the Environment/Server Access to the students and we ensure practical real-time experience and training by providing all the utilities required for the in-depth understanding of the course.

  • Sure, We will share all classes High-quality Pre-Recording videos.
  • You get Free Access for Bundle of videos. It will help you learn the next version of this technology.

A virtual classroom is an online learning environment that allows Instructor and students to communicate, interact, collaborate, and share knowledge.

In the Self-Paced Online Course, Students can take the time they need and set their suitable schedule. Self-paced courses do not follow a set schedule. Course materials are entirely available as soon as the course begins.

Self-paced learning has several advantages that will enhance the performance of the students.

  • No time pressure
  • No need for a schedule
  • Improves memory
  • Suitable for different learning styles

Choice of Training Mode

Instructor Led Training

Duration: 20-25 Hours | Version: S4
25,000/-
  • Experienced Faculty
  • Real time Scenarios
  • Free Bundle Life time Access
  • 100% Hands-on Classes
  • Sample CV/Resume
  • Interview Q&A
  • Instructor Led Live Online Classes
  • Instant Doubt Clarification

S/4 Hana Training Videos

Duration: 20-25 Hours | Version: S4
999/-
  • Experienced Faculty
  • Real-time Scenarios
  • Free Bundle Access
  • Course Future Updates
  • Sample CV/Resume
  • Interview Q&A
  • Complimentary Materials
  • No Doubt Clarification
POPULAR

SAP Simple Finance Online Training Course FAQ!

What if I miss a class?
We record each LIVE class session you undergo through and we will share the recordings of each session/class.,

If I cancel my enrollment, will I get the refund?
If you are enrolled in classes and/or have paid fees, but want to cancel the registration for certain reason, it can be attained within 48 hours of initial registration. Please make a note that refunds will be processed within 30 days of prior request.
Is this a job guarantee program?
Institute doesn’t provide you any guarantee to get a job but as a guide as a mentor, as a friend, we will always provide you a good opportunity.

Do you help me to get a job?
We will definitely help you in attending interviews and it’s your caliber, hard-work, and ability.

After getting job can I expect support from you?
Even after getting a job when you stuck in any problem we will help but not for sure.

How long they give support after the course?
We are ready to help always, however it should fit in our course curriculum.

Do you Provide any real-time projects in CV Preparation?
In CV Preparation for real-time projects provide template documentation for the implementation project. You can access practice that in your idea system. If you have any difficulty, you can approach the trainer.

Will you provide any sample CV’S?
Yes, we will provide sample C.V’s for experience 2-3 years.

Can I expect your helping hand in C.V Preparation?
Definitely, we help you during C.V Preparation.

In what way you help me in interview preparation?
Yeah, Even after the completion of course, we will provide you some interview questions where you can concentrate on them.

What will they provide for references for interview preparation?
We provide excellent study materials and customizable course curriculum to students for superior quality training and we also provide videos recordings which support throughout your career.

Can I crack the interview with 3 year’s experience?
At the completion of this course, with hands-on training definitely give you confidence that you go in an interview with leaving 3 years of experience.

What is the certification procedure?
Yes during the course, we will guide you and give you a clear picture about certification procedure.

Can i attempt certification after this course?
All the topics will be covered during the course. We provide question banks which will be helpful for you to attempt for certification.

Do you support me to pass certification?
Even after completion, of course, you can approach a trainer if you have any doubt regarding certification.

Do they provide the certification sample queries and references?
Surely, We provide the certification sample queries and references.

Does this certification benefit my career?
The certification has multiple impacts and encouraging factors in the recruitment of experts. Organizations claim that hiring certified professionals has served them with greater deployment and yield on investment. Check Cloud Career Building Up Force for New-age IT Professionals to understand the career benefits.

WHAT IS SAP SIMPLE FINANCE COURSE

Redundantly kept SAP simple finance online training data that is, data derived from other data available elsewhere in the database is one of the big challenges of software systems. You may wonder why you would store, for example, the sum of two invoice amounts separately if the same value can easily be derived by calculating it on the fly from the two invoices. In the past, such data redundancy was only introduced to increase performance, because traditional databases could not keep up with user expectations in light of billions of data entries. This SAP simple finance online training came at the costs of significant effort to keep the redundant data consistent, increased database storage, and more complex systems. Now that SAP HANA online training improves performance radically, as outlined in the SAP simple finance online training, the need for redundancy vanishes. Based on a single source of truth, derived data can be calculated on the fly instead of being physically stored in the database. Hence, in the spirit of simplification, getting rid of redundancy is a key paradigm of SAP Simple Finance. We begin our exploration of the paradigms underlying the SAP Simple Finance model.

SAP SIMPLE FINANCE COURSE OVERVIEW

This SAP simple finance online training first introduces the conceptual benefits of a redundancy-free system by contrasting it with the disadvantages of redundant data. SAP QM online training demonstrates how SAP HANA and in-memory technology enable us to overcome redundancy and avoid its pitfalls. Then, in SAP simple finance online training we explore how SAP Simple Finance simplifies the core financials data model by non disruptively replacing materialized redundant data with on-the-fly calculation. Finally, SAP simple finance online training highlights the immediate benefits of this simplification for companies switching to SAP Simple Finance. Data redundancy occurs if data is repeated in more than one location for example, in two separate database tables or can be computed from other data already kept in the database. In general, all data that you can also derive from other data sources of a system is redundant. Redundant data is distinguished by the fact that you need to maintain its consistency. If you modify the data at one location, then you need to apply corresponding modifications at all the other locations in the database in order to keep the relationship intact and avoid anomalies.

Job Opportunities On SAP Simple Finance

Redundant data is high-maintenance data, and it won’t take care of itself. Software engineers spotted the fundamental problems of data redundancy early on. In 1970, Codd introduced the fundamental relational model that underlies many of today’s database systems. In order to reduce redundancy, normalization techniques at SAP online training such as normal forms are an integral part of the relational model. But data redundancy has remained. None of these instances of redundancy is necessary from a functional point of view. They have been introduced in the past into enterprise systems to improve query response times in view of slow, disk-based database systems, which made an on-the-fly calculation prohibitively expensive. In-memory technology now breaks down the performance barrier so that SAP Simple Finance removes all kinds of redundancy. This SAP simple finance online training covers the removal of redundancy with regard to the first two categories: materialized views and materialized aggregates. We’ll see these categories come up in SAP Training. As described in SAP simple finance online training, eliminating the need for long-running batch jobs makes materialized result sets obsolete in a real-time finance system.

SVR Features

The Universal Journal covered in SAP simple finance online training describes a case in which (application) gets rid of duplicated data due to overlap between financial components.) If you look beyond a single database, redundancy also occurs when duplicating the same or derived data in several database systems. In contrast to redundancy within the same database, this cross-system duplication may in some cases be wanted—for example, for data security purposes. In other cases, it is truly redundant for example, in the case of data warehouses, due to missing analytical capabilities of traditional database systems. As outlined in SAP simple finance online training, this kind of data redundancy on a system level is inherently superfluous, because SAP online training combines OLTP and OLAP capabilities with superior performance. Coming back to redundancy within a database, what are the benefits of having a redundancy-free system? Why is having a single source of truth in SAP simple finance online training preferable compared to the traditional world with materialized views that serve to improve the performance of reading operations?

Conclusion

The fundamental problem of SAP simple finance online training with redundant data is the effort necessary to keep it consistent when the original data changes. If you materialize the total amount of all orders of a certain customer, then you need to update that SAP online training every time a new order by that customer comes in. Materializing a figure that needs to be updated frequently, for example, the balance of an often-used account may even lead to contention, because the balance entry needs to be locked on each debit or credit on the account. Similarly, a materialized SAP simple finance online training view containing a duplicated subset of accounting data, for example, all open invoices needs to reconciled whenever the original data changes. If an open invoice is cleared by a customer’s payment, then it also has to be removed from the corresponding materialized view. Regardless of whether this reconciliation needs to be done manually by each business transaction or is handled automatically by the database system, maintaining consistency leads to additional database operations on top of the actual modifications. Otherwise, your SAP simple finance online training database had more than one “truth” which means that it was inconsistent. SVR provides traditional SAP online training software also, It was not designed with those demands in mind.

What is a live virtual classroom?
A virtual classroom is an online learning environment that allows Instructor and students to communicate, interact, collaborate, and share knowledge.

What are the benefits of online training?
Online training is a valuable and cost-effective way for Employees and Students. Online training courses are of two kinds – free and paid versions. Here are a few advantages of online training that showcase how it helps improve an employee’s professional life:

  • Convenience and flexibility
  • Comfortable learning environment
  • Career advancement
  • More choice of course topics
  • Improve your technical skills
  • Easy Accessibility
  • It speeds up career progression

Is online courses Good or bad?
Of course, It is good. One of the significant benefits of the online course is its much affordable cost of learning. Also, it saves a student’s energy & time.
What is online training for employees?
Live Virtual Classroom has several advantages. Online Training allows employees to learn at their own pace and a convenient time for them. In other words, they are suitable for self-paced Training also.

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