Financial Accounting in SAP S/4HANA Finance Simplified

DESCRIPTION SAP S/4HANA Finance is a revolutionary financial accounting solution that leverages the latest in-memory database technology to deliver unparalleled performance and efficiency. Financial Accounting in SAP S/4HANA Finance Simplified - Questions & Answers is the most updated book in SAP Financial Accounting, in an easy-to-learn format. This second edition builds on the first by going in-depth into SAP HANA, Fiori, and SAP S/4HANA Finance. It offers expanded coverage with clearer explanations, practical examples, and step-by-step guidance. You will learn about global settings, the document principle, and managing accounts receivable, payable, bank accounting, and asset accounting processes, making it easier to master these key concepts. The content is presented in a Q&A format with about 650 questions, enhanced with live system screenshots, examples, and illustrations for better understanding. It also includes menu paths and transaction codes for system customization and task execution, making it an effective learning resource.By the end of this book, you will have a solid understanding of financial accounting in SAP S/4HANA Finance. You will be equipped with the knowledge and skills to streamline your financial processes, improve efficiency, and make informed business decisions.WHAT YOU WILL LEARN● This new edition expands on SAP S/4HANA Finance by covering its integration with other SAP modules and cloud-based solutions.● Configure global settings like ledgers, fiscal years, document types, and tax settings to align with your organization's specific requirements.● Master accounts receivable and payable management, bank reconciliation, and asset accounting processes.● Leverage advanced features like in-memory computing, real-time analytics, and automation.● Create reports, comply with regulations, and manage financial risks.WHO THIS BOOK IS FORThis book is for all professionals, consultants, end-users, and business leaders involved with SAP, to gain expertise in financial accounting for better organizational performance with improved business efficiency, financial compliance, and effective reporting.