Smart Accounting for Financial Instruments

Course Details
Code: FS261-v016
Tuition (USD): $3,000.00 • Classroom (4 days)

Skills Gained

  • This course will prepare you to:
       -Acquire an overview of the Bank Analyzer Accounting for Financial Instruments (AFI) solution offering
       -Contribute to the implementation, change and enhancement of the Bank Analyzer AFI
       -Identify and select different Bank Analyzer AFI set up options for your organization
       -Get knowledge of the process coverage: Accounting and Financial Close process for Banking with strong focus on AFI
       -Understand the reason for smart AFI
       -Use the smart AFI solution of SAP

Who Can Benefit

  • Application Consultant
  • Business Analyst
  • Business Process Owner/Team Lead/Power User
  • Developer
  • Development Consultant
  • Industry Specialist
  • Solution Architect
  • System Architect
  • Technology Consultant

Prerequisites

  • Essential:
       -FS250
  • Recommended:
       -none

Course Details

Course Content

  • Smart AFI - Solution Overview
       -Gain an overview about smart AFI
       -Describe current challenges and business drivers in banking industry
       -Explore smart AFI as a problem solver for current challenges in the banking industry
       -Understand the key differences to other SAP solutions for banking industry
       -Understand the key improvements in smart AFI compared to classic AFI
       -Explain the Connections to underlying systems and an overview of SAP Bank Analyzer architecture
  • Financial Services Data Platform
       -Explain the Financial Services data platform
       -Explain the Source Data Layer (SDL)
  • Smart AFI Overview
       -Explain the accounting process model and book value components
       -Describe the Central GAAP approach
       -Explore the subledger code block
       -Gain an overview about result delivery
       -Process SDL products mapped as structured products
       -Explore the subledger chart of accounts
       -Explain the general ledger chart of accounts
  • Smart AFI Process Model
       -Gain an overview of core accounting processes
       -Explain the intraday process
       -Explain the period-end-process
       -Explain the closing process
       -Explain the connection to the GL/GL posting
  • Smart AFI Customizing Guide
       -Explain the IMG structure
       -Outline basic settings
       -Explain the settings of the subledger coding block
       -Explain the Chart of Accounts customizing
       -Explore process steps
       -Explore technical steps
       -Explore technical settings
  • Impairment
       -Explore Impairment
  • FX Scenario
       -Explain the business background of the FX scenario
       -Explore the FX accounting in smartAFI
       -Explain FX treatment: intraday and day-end
       -Explain FX treatment: period-end
       -Explore FX additional specialties
  • Hedge Accounting
       -Explain Hedge accounting
  • Balance Sheet notes and Other Topics
       -Explain suspense accounting
  • Technical Requirements and Design
       -Explain system/solution components – DB design
  • Fair Value
       -Explain fair value

Course based on software release

  • Banking Services from SAP 9.0