Understand the Key Differences and Innovations in SAP S4 HANA 1610 | SAP S4 HANA Training Course

There has been an incredible surge in interest when it comes to SAP S4 HANA. Users and professionals alike have plenty of question regarding the what, why and how of S4 HANA. To learn about S4 HANA and its innovations register for SAP S4 HANA Training from Learn IT Training SAP Training from master of online trainings platform gives you the best insight into the technology to gain maximum knowledge according to industrial practices.

It has to be noted that S4 HANA Finance is a different product as compared to S4 HANA (Enterprise Management). And S4 HANA Finance comprises of just the finance innovations on to the pre-existing system. Therefore everything in logistics will remain as it was before. It also has to be noted that the migration effort to this product is considerably lower than directly moving to S4 HANA. Learn more from SAP Simple Finance Training.

Profitability analysis in S4 HANA

Improvement and consolidation of Account based COPA is made possible in S/4HANA,And this is the recommended form of Profitability Analysis. Even though there is no integration with Universal Journal, Costing-based Profitability Analysis is still offered which can be utilized in parallelMission-critical gaps of the past are sealed with the list of enhancements in Account Based profitability analysis.

• Posting of goods issue is used to split cost of goods sold on multiple accounts depending upon the component split
• Order settlement handles the split of production variances on multiple accounts
•  Three new quantity fields are offered in line items
• There is Real-Time derivation of market segment information gotten from cost postings

    Summary of the enhancementLimitations existing in the current set of enhancements, in Account Based Profitability Analysis, are:

• ·  Sales conditions not posted to GL not supported
  · Realignment of features which are altered after posting are partially supported and doenot extend to all characteristics.
  · Generation of sales order creates expected revenue, COGS and more in profitability analysis which is not supported.

Want to know more about sales order distribution then register for SAP SD Training.Attributed profitability segments This is one of the most important enhancements in profitability analysis.For instance when one has a debit memo request in a Time and Material Service order having a settlement rule for settlement to COPA. There will be no profitability segment, but an account assignment to the service order will exist for the debit memo request. This implies that one cannot possess the profitability segment information unless and until service order is settled to COPA. This new functionality sees the real account assignment to service order and also sees to an attributed assignment to a profitability segment.

Event based revenue recognition

Identification of cost and revenues will be done as and when they occur, and the entry of source document will create two postings. These include initial cost and revenue entry and, revenue recognition posting There is also a new application called ‘Event-based Revenue Recognition’ for monitoring revenue recognition postings and manual adjustments.

Bank Account Management

Conventional setups saw house banks and also bank account in SAP. But in this version, a fundamental function of Bank Account Management within Cash management is incorporated into the core, which is called Bank Account Management Lite. Learn all the financial details from SAP FICO Training.New differences and features as contrasted with the old bank account setup and house bank are as follows:

• Group wise account management
• Opening and closing with approval process
•  Easy maintenance of bank accounts
• Overdraft limit
•  Signatory

New Asset Accounting

A pre-requisite for migration to S4 HANA Finance is once again the migration to New Asset Accounting. This is because of the following reasons:-

• Elimination of data redundancy
• Ensuring of reconciliation between GL and AA
• Transparent assignment of depreciation area to accounting principle

Embedded analytics and reporting

SAP seamlessly integrates analytics and transactions into a single system enabling operational reporting for transaction data that is live.There is a lot of ground to cover in S4 HANA, with so many new possibilities arising out of pre-delivered Virtual Data Models and new data structures which mean the performance of HANA with its cutting-edge reporting tools and interfaces enhances SAP’s tool efficiency greatly learn al from SAP HANA Training.Business logic is embedded in pre-defined models across the suite, which comprises of the entire concept of embedded analytics in S4 HANA. Learn more from SAP S4 HANA Training program. Fiori-reporting, SAP Lumira, and Analysis for Office are the most commonly used S4 HANA implementations by customers Fiori reporting concepts are explained in SAP FIORI Training course.

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What is the Future of SAP S4 HANA | S4 HANA Features| SAP S4 HANA Training

It is worth noting that SAP S4 HANA is not restricted to being an accelerated in-memory database with numerous product innovations being delivered in the S/4 suite as well. The sleek and brand new Fiori front end comes along with plenty of intelligent integration points, with significant reduction in the number of tables used in Finance and also in Logistics. Know what’s new with SAP FIORI Training. The application like appearance that is the look and feel makes it stand out further making it look modern, with it being easily accessed through a Smartphone. Learn database concepts from SAP HANA Training.

The available to promise or ATP is said to be multi-faceted, convenient to use and even intuitive, making the creation of a sales order mean a lot more than it used to. The analytics are side by side on the very same presentation layer along with graphs and similar informative visuals. One does not need to visit a BI system any longer for reports, detailed or otherwise, and the reports are also in real-time with financial closing supposed to be a highly accelerated and even much easier.

S4 HANA is also able to accommodate SRM and CRM also on the same box minimizing maintenance and even integration costs. Even though S4 HANA seems expensive at the outset, it is touted by all market experts to be the new norm. An example for this is the Google Instant feature in the Google Search Engine which predicted search topics before even completion of typing. People will see the capabilities of S4 HANA as a paradigm shift and will accept and embrace the changes as the future, sooner than later. Learn more from SAP S4 HANA Training. Know in detail concepts of SRM and CRM from SAP SRM Training and SAP CRM Training.

The Future of SAP – An outlook for SAP and SAP S4 HANA

SAP has remained a dominant player in the enterprise software arena, customers relying SAP technology to operate their enterprise runs to the hundreds of thousands as it stands currently.  Growing customer demand has seen SAP repositioning itself as a digital transformation platform. SAP’s flagship product S/4 HANA is aiming to be the core of modern, digital businesses which are agile with SAP. SAP has also doubled down on Cloud solutions. Recently SAP has claimed around €3 billion in cloud revenue for 2016 out of its total €22 billion in revenues. Already, there exist around 5,400 customers for the S4 HANA product as of 2016. Learn SAP S4 HANA Training by industry experts with practical implementations.

S4 HANA Features:-

Headless “Digital Core”

SAP’s major advances in diverse technological advances has begun to see a future where the requirement for a user interface through a screen or a device will soon become the exception, instead of the rule for the digital core. The advances in technology referred to here are:

• Real time integration
• Cost effective sensor
• Machine learning
• Voice recognition or pervasive mobility

Real Time Integration

The primary foundation for such automation centered Digital Core is the requirement for detailed real-time integration of both data and transactions, in order to collate the real world with the digital one. Also, it will be needed to eliminate the need for anyone to enter transactions into SAP. This will, in turn, need three primary building blocks – the first being high-quality data, the second being a clearly defined mapping between the target and source systems. And the third is strong and fault tolerant integration landscape.

Sensors on everything

The cost of sensors and inexpensive tags such as RFIDs coming down makes it possible to create a detailed digital record of events occurring in the actual world.Such data can be related to physical goods such as ship containers, but this can even be applied to just information which can be automatically gathered from sales teams or it even can be in the form of email exchanges and site visits such as the ones for engineer recording visits and parts consumed and more.

Voice Recognition or pervasive mobility

When the load for machine learning algorithms goes beyond the capacity to handle, the algorithms will seek real-time input in the form of real-time feedback inserted into the process. This can be in the form of a social media feedback or any other online feedback. Such feedback can even be utilized to, in a way, train the machine learning elements to execute the decision automatically in the future.

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What You Need To Know When It Comes To SAP S4 HANA Integration | Learn From SAP S4 HANA Online Course

SAP S4 HANA is the short form for SAP Business Suite 4 SAP HANA. It bought a big wave of SAP innovation, similar to the transition from SAP R/2 to SAP R/3.  SAP offers on-premise, cloud, and hybrid deployments to give real choice to customers.SAP S4 HANA is designed to speed up the business processes to achieve professional goals. To meet those goals and to improve your skills Learn IT Training launched SAP S4 HANA Training course.

Integration Capabilities of SAP S4 HANA to SAP Cloud Solutions

Introduction

SAP S4 HANA is the next-generation business suite product that provides innovated and tightly coupled solutions that support end-to-end business processes integration between SAP S4 HANA core components and SAP software-as-a-service (SaaS) cloud solutions such as SAP Ariba, SAP Fieldglass, Concur, SAP Hybris, SAP Cloud for Customer, SAP Financial Services Network, and other third-party solutions like Vertex for tax calculation. Know what SAP provides to finance from SAP FICO Training and SAP Simple Finance T raining.

SAP offers two deployment options to integrate SAP S4 HANA, namely SAP S4 HANA on premise edition and SAP S4 HANA cloud edition get to improve skills on integration with S4 HANA from SAP S4HANA Training. There are different offerings available:

SAP S4 HANA cloud marketing edition

SAP S4 HANA cloud project services edition

SAP S4 HANA cloud enterprise edition

SAP Simple logistics is an offering of SAP S4 HANA. Learn from SAP Simple logistics Training.These also offer prepackaged integration best practices content and engineered services for SAP S4 HANA and to existing cloud solutions. Want to learn about other integrated modules with HANA like SAP BW on HANA  and  SAP ABAP on HANA then take the advantage from concepts explained by professionals from SAP HANA Training demo.

SAP S4 HANA on premise edition integration:

Depending on the customer requirements the SAP S4 HANA, on premise integration scenario offers a business scope including SAP S4 HANA Enterprise Management processes as well as integration best practice content with SAP’s Saas cloud solutions and third-party applications using SAP Process Orchestration, Web services, or SAP HANA Cloud Integration. Learn the concepts related to cloud integration from SAP HANA Training course.

SAP HANA cloud integration is SAP’s cloud integration middle ware and is a saas product that provide standard integration content delivered by SAP to integrate SAP Ariba, SAP financial services network and SAP cloud for customer with S4 HANA on premise systems or even SAP ERP.

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Why You Should Master SAP S4 HANA | Why SAP S4 HANA Training Is Preferred

SAP S4 HANA is the highest growing technology; hence, there is no surprise in plenty of career opportunities in this field. Since it is one among the fastest-growing products in the history of SAP. Keeping the view of career opportunities SAP S4 HANA Training is on demand. SAP S4 HANA is considered as key for in memory databases SAP S4 HANA job profiles are rated as vastly paid among Information Technology industry over other modules of SAP.

SAP S4 HANA and its associated modules are designed to build a new ecosystem where S4 HANA can manage other SAP Modules. Hence, it is the exact time to enter into the SAP HANA career. Here in this article, we are going to explore the career opportunities of SAP HANA and importance of learning this platform. Learn how HANA enhances job opportunities from SAP HANA Training. SAP HANA can be integrated with some of the SAP modules such as BW, ABAP and many. Know more concepts related to integration of SAP BW on HANA Training and SAP ABAP on HANA Training from industry experts.

SAP S4 HANA is popularly known as next generation business suite that brings together the following things:

• Advanced Analytics
• Business Transactions
• Social Media
• Design Connections
• Mobile Experience
• Collaborative Business

Why Organizations prefer SAP S4 HANA Skilled employees?

If you are searching for the ways to enter in Information Technology sector, SAP S4 HANA offers you the best picture.

Here are some of the reasons why people prefer SAP S4 HANA

• They will be possible to receive high package
• They will able to have a less stressful life
• They will enjoy greater career options ahead
• It is simple to have SAP certification at any stage; hence, the job is secured
• They will get a chance to work with software that shows more creativity

Career Growth Of  SAP HANA

Experts state that SAP S4 HANA ensures the best career growth. SAP has released HANA as the platform and database on which entire application will function in the future. The demand for the SAP professionals evidence the success of this migration. In addition, HANA remains as one of the best solutions that offer fruitful revenue to the businesses; hence clients in IT started to invest in this SAP  Training platform. The career growth in the SAP HANA is enriching and it would continue to a long way. Click here to enroll for SAP  HANA Training.

In recent times, candidates with experience in SAP HANA are paid with the highest salary. The average SAP salary in the USA is $33 per hour or $ 64,540 per year. Based on the study on 255 salaries that is extracted from SAP Job description, salary range for the entry-level candidates’ starts with 45,000 while the range of the most experienced worker touches up to 90,000.

Here is a list of average salaries for the SAP related jobs

• SAP HANA Consultants receive around $97, 143
• SAP Business Analysts receive around $84, 406
• SAP Consultants receive around $68, 528
• Functional Business Analysts receive around $92, 902

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SAP S4 HANA Career Opportunities | How Will S4 HANA Impact The SAP Job Market

S4 HANA is an entirely new generation SAP Business Suite brought in to offer simplified solutions to customers in a digitized economy whilst breaking the limitations of past software. Its advanced design business suite is built on SAP’s fastest memory platform, HANA, and signals a move towards giving end users active decision support in real time. The end result is a modern and simple yet powerful business model that facilitates businesses with this faster decision making, efficient data modeling, and customer adoption strategy that combines the latest technologies and user experiences.

SAP S4 HANA is designed to speed up the business processes to achieve professional goals. To meet those goals and to improve your skills Learn IT Training launched SAP S4 HANA Training course.Learn IT Training provides many IT technologies training's online and we have best experienced industry experts for SAP Training and also for Oracle Training, HADOOP Training, JAVA, Android Training and many other courses.

Integrate and expand

S4 HANA will enable customers to leverage the cloud at their own pace based on their needs whilst keeping all the benefits and integrations of existing systems. It does this by enabling customers to build hybrid scenarios between various SAP cloud solutions such as Ariba, CEC, Concur. Learn basic concepts of HANA from SAP HANA Training course.Rather than replacing current portfolios of IT solutions, S4 HANA allows businesses to further integrate and expand. In order to maximise ROI on SAP investments, keep afloat with the dynamic market, and utilise these features, customers are now looking to integrate S4 HANA and upgrade their current systems. SAP HANA can be integrated with many modules such as BW. Know more about integrated module of SAP BW on HANA Training.

S4  HANA impact on the SAP Job Market

As a result of the need for customers to integrate and upgrade to S4 HANA there is now a huge demand for SAP experts who are able to execute the successful and smooth transition from SAP R/3 to S4 HANA for the customers. Whilst some companies are simply migrating, others, such as large enterprises are seeing the technical innovations of S4 HANA as an opportunity to completely rebuild their ERP landscapes from the ground up.These implementations and projects mean that S/4 HANA will continue to impact on the SAP job market. As a consultant, it is now critical to ensure that you can learn and adapt to new solutions such as SAP Simple Finance Training, Fiori, Ariba, and Big Data Hadoop, and are up to speed on new technologies. Learn Fiori concepts from SAP FIORI Training.

Despite S4 HANA’s impact, this does not mean traditional SAP HANA and BW skills will not become obsolete. The SAP ecosystem will still require ABAP programming, and ABAP OO developers will continue to be in demand for their SAP business consulting skills, particularly as S/4 HANA systems are faster and cheaper to configure.Want to learn and implement HANA practically to enhance skills, Then Enroll for SAP S4 HANA Training at:

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