Controlling in SAP S/4HANA Finance Simplified

SAP S/4HANA Finance is revolutionizing financial management, and mastering its Controlling module is essential for both beginners and professionals seeking to optimize financial processes.

This book is the latest and comprehensive guide to SAP Controlling. Presented in an easy-to-understand format, it traces the history and evolution of SAP application from its initial version of just a financial accounting application to the current all-encompassing in-memory processing enterprise resource planning application on the HANA platform. Besides an overview of SAP Controlling, it discusses the building blocks, the Controlling methods before dealing with the various application components like Cost Center Accounting, Internal Orders, Activity-Based Costing, Product Cost Controlling and Profitability Analysis. It includes multiple examples and illustrations, making complex concepts simple to learn. The answers are replete with numerous screenshots from a live SAP S/4HANA Finance system, enhancing the learning experience. It also provides menu paths and Transaction Codes for system Customization and application task executi on.

By the end of this book, you would have earned the wealth of information, references, and tips and tricks to help you excel in your day-to-day tasks with SAP, whether you are learning, configuring, or utilizing the SAP Finance application.

WHAT YOU WILL LEARN

* Basics of SAP along with features of SAP HANA, SAP S/4HANA, and SAP S/4HANA Finance.
* An overview of SAP Controlling (CO), CO components, CO evolution, FI versus CO, and Universal Journal functionality.
* Learn all about SAP Fiori, CO planning, cost center planning, internal order planning, project planning, and Fiori apps for CO.
* Understand Overhead Cost Controlling (CO-OM) including Cost Center Accounting (CO-OM-CCA), Internal Orders (CO-OM-OPA) and Activity-Based Costing (CO-OM-ABC).
* Learn Product Cost Controlling (CO-PC) and Profitability Analysis (CO-PA) in detail.
* Leverage Controlling Apps for management accounting.

WHO THIS BOOK IS FOR

This book is a versatile resource for everyone in SAP / SAP Finance, from beginners and junior consultants to senior consultants, an end-user, or a SAP learner. Additionally, it is an invaluable resource for those aspiring to reach new professional heights in SAP.

1. Overview of SAP
2. Overview of SAP S/4HANA Finance
3. Overview of Controlling
4. CO Building Blocks
5. CO Organizational Structure
6. CO Methods
7. CO Master Data
8. Overhead Cost Controlling
9. Cost Center Accounting
10. Internal Orders
11. Activity-Based Costing
12. Product Cost Controlling
13. Profitability Analysis
14. Predictive Accounting
15. Controlling Apps

Narayanan Veeriah holds a postgraduate degree in sciences, alongside the much- coveted professional qualifications as a Chartered Financial Analyst (CFA) and a Project Management Professional (PMP). With over 30 years of extensive experience in accounting, banking, finance, and information technology, Narayanan is a seasoned expert in these fields. Trained in SAP FICO, he has been a practicing SAP Finance Consultant and a Project Manager.

Throughout his career, Narayanan has gained substantial expertise in multiple SAP versions, including SAP R/3, SAP ERP, and SAP S/4HANA. He has played a pivotal role in managing various SAP implementations: new implementations, rollouts, upgrades, and support for numerous multinational clients.

Until his recent retirement from IBM, Narayanan served as an Executive Project Management Professional (Thought Leader) and SAP Practice Area Leader. Following his departure from IBM, he transitioned to freelance SAP consulting, where he continues to make significant contributions to SAP consulting. Trained by Thames Valley University in the UK, Narayanan is also a professional trainer and a visiting faculty member, specializing in areas such as ERP, SAP, and Banking.

His profound understanding of SAP Financial Accounting and Controlling, coupled with his cross-module expertise, has led Narayanan to author several best-selling books on SAP Finance. His comprehensive knowledge and dedication to his profession make him a respected figure in the field of SAP consulting and training.