SAP ERP Financials provides the tools to help companies comply with accounting standards such as U.S. Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS).  In addition, SAP ERP Financials offers benefits such as the ability to generate a set of balanced and reconcilable financial statements by any dimension of the business --  including, business unit, profit center, or geographical location -- along with integrated, enterprise wide financial analytic capabilities.

Training courses in this curriculum show you how to empower your customers through the use of the general ledger, vendor, customer, bank, and asset processes. Plus, you'll discover how to leverage role-specific financial reports to meet  ongoing financial and managerial reporting requirements.

With the managerial accounting functionality of SAP ERP Financials, your enterprise can collect, assign, and analyze costs to evaluate the profitability of markets, channels, products, and customer segments. As a result, your managers get the detailed information they need to proactively manage global business performance, profit, and growth.

Training courses for this curriculum will provide you with the knowledge you need to:

• Collect overhead, direct, and indirect costs at the event level

• Assign costs to cost structures in a clear, traceable manner

• Follow a best-practice, structured approach to cost assignments, from overhead management down to the product or market segment

• Drill down into supporting events and documents from high-level, operational results

• Analyze profitability by product, market, customer, service, or channel segment

• Hold managers at all levels of the organization accountable for efficient and effective use of resources