F1120 - Outlining the Record to Report Process in SAP S/4HANA Training

• For all demos and exercises during this training, the following system will be used: SAP S/4HANA Cloud Public Edition 2408.
• You could setup and use the same features that we show and practice if you use:
• SAP S/4HANA Cloud Private Edition 2023 or
• SAP S/4HANA 2023

• The content of this classroom training is also available for self- paced learning: Outlining the Record toReport Process in SAP S/4HANA.
• If you would like to learn how to configure the Record to Reportprocess in SAP S/4HANA or SAP S/4HANA Cloud Private Edition, pleaseconsider to consume the following courses as next steps in your learningcareer: courses S4F12 Basics of Customizing for Financial Accounting:GL, AP, AR in SAP S/4HANA and S4F15 SAP Financial Closing in SAPS/4HANA.

Essential

• Learning Journey Outlining the Financial Accounting Overview in SAP S/4HANA

Recommended

• none

• Business User

• After completing this learning journey, novice users will be able to describe SAP best practice related concepts and structures of the record to report area, taking into consideration:
• Master data
• General concepts of postings and posting scenarios
• Close process and
• Reporting possibilities.
• This basic education provides a starting point for participants to effectively onboard in the record to report area and use the system.

• The Master Data Concept and the Structure of the Record-to-Report Area
• Explaining the Organizational Structure and GL Account Master Data Maintenance
• Describe General Concepts of G/L Postings
• Identifying the Basic Concepts of Financial Postings and Documents
• Identifying Key Elements Required for Posting General Ledger Documents
• Performing Different Posting Procedures
• Analyzing and Reporting Accounting Data
• Postings to Meet Internal and External Reporting Requirements
• Describing Postings to Meet Internal and External Reporting Requirements
• Local Close for the General Ledger
• Describing the Local Close Steps for General Ledger Accounting