Course Details

SAP eAcademy - FI (eLearning)

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Note: This course is only for University Students

You'll need a copy of your student ID card and a letter from your University stating that you are their active student

This course is also commonly known as 

  • SAP FI
  • SAP Financial Accounting
  • FI eAcademy
  • FI Academy
  • SAP FI Academy

Goals

  • Navigate confidently within SAP systems
  • Define the concept of the SAP Solution Manager
  • Discuss the tools provided by the SAP Solution Manager
  • Identify the organizational levels used in SAP ERP
  • Explain the functions and structure of master data in supporting ERP business processes
  • Identify the various levels and types of reporting available in SAP ERP
  • Introduction to SAP NetWeaver (e-learning)
  • Explain the basic concepts of Financial Accounting master data and business processes
  • Describe the Purchase-to-Pay business process and how it integrates with the General Ledger and Accounts Payable.
  • Describe the integration between the Order to Cash business process and Financial Accounting
  • Configure and use organizational units, master data and documents for Financial Accounting
  • Configure and use the SAP business processes (such as payment, dunning, correspondence and individual closing)
  • Implement various business processes and periodic tasks in Asset Accounting, manage master data and configure Asset Accounting
  • Apply selected evaluation methods
  • Special G/L transactions and document parking
  • Apply substitutions and validations as well as archiving to financial accounting
  • Utilize your knowledge directly as a consultant in your first period of practice
  • To lead to SAP Certification in FI. Certification test can be taken in any SAP offices around the world.

Background

The Financial Accounting (SAP FI) module in SAP is designed to capture organizations business transactions in a manner that will satisfy external reporting requirements. Local legal considerations are pre-delivered with the system and the ability to manage and report on multiple companies in multiple countries with multiple currencies is part of standard functionality. Integration with Sales and Distribution, Purchasing and Materials Management allows for the ability to select any financial transaction and "Drill Down" to the originating transaction whether it is a purchase Order, Sales Order or material movement.

Audience

  • Solution Consultants
  • SAP Consultants
  • Project Team Members

Prerequisites

Essential

  • None

Recommended

  • None

Course based on software release

  • SAP ERP 6.0 EHP5

Content

The eAcademy TFIN5e consists of following products :

  • SAP129 SAP Navigation (e-learning)
    • The SAP Navigation course is designed to familiarize learners with key terms and how to navigate within the SAP system.
    • Logging on and off
    • Understanding and recognizing SAP screens, menus, fields, and special features
    • Recognizing SAP icons
    • Find out how to use ‘Application Help’ and the SAP Library
    • Set up ‘Favorites’ for frequently used transactions
    • Understanding system messages
    • Set up default values
    • Navigate SAP standard reports
    • Test your knowledge through review questions and system simulations
  • SM001 Introduction to SAP Solution Manager (e-learning)
    • This course is meant to familiarize you with the principles and terminology of the SAP Solution Manager. You will be introduced to the benefits of using the SAP Solution Manager during the implementation of your SAP solutions and during ongoing support and operations.
  • TERP01 SAP ERP: Introduction (e-learning)
    • Using recorded presentations, system demonstrations, practice simulations, quizzes, and assessments you will be introduced to:
      • SAP ERP organizational levels
      • Functions and structures of master data throughout SAP ERP
      • SAP ERP analytical and reporting solutions
  • TERP02 SAP ERP: Introduction to SAP NetWeaver (e-learning)
  • TERP21 SAP ERP: Introduction to Processes in Financial Accounting (e-learning)
    • Tasks in Financial Accounting
    • Organizational Levels in Financial Accounting
    • General Ledger Accounting
    • Accounts Payable processes
    • Accounts Receivable processes
    • Asset Accounting processes
  • TFIN50 Financial Accounting I (e-learning + student handbook)
    • Organizational units, master data and documents for Financial Accounting: company code, fiscal year, currencies, general ledger accounts, customer and vendor master records, profit center, document control, postings, clearing open items, cash journal
    • Handling of payments, dunning, correspondence and closing operations in Financial Accounting:
      • Automatic payment program with clearing of open items
      • Automatic dunning program for creating dunning notices and correspondence
      • Overview of month and year-end accounting processes in Financial Accounting
      • Balance sheet and P&L
      • Preparatory closing postings in subledgers and the general ledger
      • Technical organizational and documentary steps in individual closing
      • Financial Closing Cockpit
      • Configuration of periodic closings in Financial Accounting
  • TFIN52 Financial Accounting II (e-learning + student handbook)
    • E-Learning SM001 SAP Solution Manager Overview
      • This course is meant to familiarize you with the principles and terminology of the SAP Solution Manager. You will be introduced to the benefits of using the SAP Solution Manager during the implementation of your SAP solutions and during ongoing support and operations.
    • Organizational structures, master data, and business processes in Asset Accounting:
    • Chart of depreciation, depreciation area, asset classes, master data , asset transactions, valuation, periodic processing, information system
    • Evaluation methods in Financial Accounting (Infosystem and ABAP reports of general ledger accounting, accounts receivable accounting, and accounts payable accounting, report variants, selection variables in variants, List Viewer, sample evaluations using the drilldown reporting tool)
    • Special G/L transactions and document parking
    • Validations and substitutions in Financial Accounting
    • Archiving in Financial Accounting
    • Case study: implementation of a fictitious demo company using specific business processes, configuration and mapping of the company structure, master data, and business processes in the SAP system
    • Review and certification preparation
    • Certification examination for Certified Application Associate - Financial Accounting with SAP ERP 6.05 on the content of the courses SAP129, TERP01, TERP02, TERP21, SM001, TFIN50, TFIN52
  • Help Desk Support is provided for the participants to enable them to understand the training material, resolve queries and assist in assignments during the access period. In this timeframe the participants will get access to training systems to work through the exercises and demo scenarios.
Sub Modules of FI

Financial Accounting I

Part 1

Basic Settings
Master Data
Document Control
Posting Control
Clearing
Cash Journal
Special G/L Transaction
Parking Documents

Financial Accounting I

Part 2

Fundamentals
Automatic Payments
Automatic Dunning
Correspondence
Interest Calculation
Country Specifics
Standard Reports in General Ledger Accounting, Accounts Receivable Accounting and Accounts Payable Accounting
List Viewer
Drilldown Reporting in Financial Accounting
Overview of the Closing Activities
The Financial Statements
Receivables & Loss
Technical, Organisational, and Documentary Steps
Additional Materials
Mini Case Study
Financial Accounting IIOrgansational Structures
Master Data
Asset Transaction
Periodic Processing
Information System
Validations/Substitutions
The New General Ledger - Overview
Ledger Definition
Document Splitting
Integration
Periodic Processing
Reporting

Certification

Monsoon Academy is an OFFICIAL Partner of SAP.  And, Yes ! This couse can lead you to OFFICIAL SAP Certification

The cerfitication fee is managed by SAP Offices around the world. Each SAP offices may have different pricing (in local currency). Please check with your local SAP offices for the certification fee. Generally, it is around USD 500 to 700

The certification process is normally multiple choices. Candidate will be given specific time to complete the test in SAP Office. The result of the certification test is immediate. When pass, candidate will receive OFFICIAL SAP Associate Consultant Certificate directly from SAP

Job Description for SAP Consultant

SAP consultants analyze, design, and configure new computer software and systems in accordance with their employers’ or clients’ specifications, as well as write programs such as forms, specifications, and interfaces. They also test new interfaces to ensure that system workflows are optimized and interact with end-users to make changes as requested and obtain feedback.

For a complete description, please read on at http://www.payscale.com/research/US/Job=SAP_Consultant/Salary

Average Salary for SAP Consultant

The median salary as 2016 is $85,591. Please see http://www.payscale.com/research/US/Job=SAP_Consultant/Salary

Career Path for an SAP Consultant

The followings are the possible career future for SAP Consulants:

  • Senior Consultant
  • Senior System Consultant, Manager, Director
  • Business Analysis Consultant, Manager, Director
  • IT Manager, Director, Executive
  • Project Manager, Director
  • Program Manager, Director

Fee

Country/Currency OptionFee
USD650
AUD910
MYR2,700
SGD920
THB23,000
PHP30,000
IDR9,000,000
depending on your currency choice

How Monsoon Deliver

Monsoon eAcademy (by SAP Learning Hub) learning process is the proven online learning program launched by SAP since 2007 and rolled out by SAP globally since 2008.

Within 7 days after sign up, student can begin taking the Academy lessons online using the provided ID to access the class materials online from anywhere and anytime. The access is valid for 12 months.

This is what you will get when you purchase an SAP eAcademy package from Monsoon Academy:

For eLearning only (SD, MM, FI, CO, PP, HCM, ABAP)

You wil get :

  • 12 months access to SAP LMS (Learning Management System) that student can access anytime, anywhere (cloud based)
  • Printed materials for the course you have chosen
  • Student services :
    • Counsel you as to when you should activate your SAP IDES server within that 12 months of access.
    • Put you in contact with Monsoon student program counselor who will help you in your career.
    • Put you in our database of Monsoon alumni, and our recruitment arm, www.MySAPExpert.com, who will monitor and propose you to prospective employer, especially when you are certified.

For eLearning with server access  (SD,MM, FI, CO, PP, HCM, ABAP)

You wil get :

  • 12 months access to SAP LMS (Learning Management System) that student can access anytime, anywhere (cloud based)
  • 1 Month SAP IDES server access 
  • Printed materials for the course you have chosen
  • Student services :
    • Counsel you as to when you should activate your SAP IDES server within that 12 months of access
    • Put you in contact with Monsoon student program counsellor who will help you in your career
    • Put you in our database of Monsoon alumni, and our recruitment arm, www.MySAPExpert.com, who will monitor and propose you to prospective employer, especially when you are certified

 

(Optional) Students can also purchase separately: 

  • SAP IDES server access 
  • Official SAP books/print out based on the modules student has signed up for.

A student may be able to complete the course and ready for certification from the materials provided, which consists of simulated and guided animations for exercises. However, it is advisable that the student gets real SAP IDES servers to do some hands-on exercise.  Typically, about one (1) or two (2) months of server access would be sufficient for the student. Student can subscribe to SAP servers from Monsoon Academy (please see pricing), which can be purchased separately on monthly basis.

After student finishes all the materials (with or without actual server practice) he/she will get COA (Certificate of Attendance) that can self-printed as a proof that student already finishes the training and eligible to take the certification test in SAP centers throughout the world. 

Benefits of such mode of training

In this mode of learning, student can learn at his/her own pace without having to follow anyone`s schedule. All materials come directly from SAP and the materials are same as standard materials provided by SAP throughout the world.

Certification

Unlike other SAP academies, which only produces Certificate of Completion or Certificate of Attendance, Monsoon SAP eAcademy program leads you to the SAP Associate Consultant Certification program. When you have finished your materials and you have performed all the necessary exercises, you should be ready to take the certification.

Monsoon Student Service is there to help you to register for the certification. We will inform you of the time and you can make certification test payment to confirm your slot on the test. On the day of the certification test, you will come to the SAP office in Jakarta to take the three-hour test. Once you have passed, you will be notified of your result instantly and Monsoon Academy will notify you when we have received your Certificate from SAP head quarter in Germany.

 


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