Instead, it will focus on some of the important parts such as an introduction to accounting and the financial statements. This post will not serve as that basic accounting course rolled up into one blog post. It may not work for everyone, but I am sharing this insight in case you feel it is worth a try – even if it is through free courses, YouTube videos, free learning materials, etc. If you think this approach will help you then I highly encourage you to try it. At the end of the day, this approach helped me associate the basics to the overall functionality and use of SAP in terms of finance. I personally decided to pursue the online course on top of the SAP resources provided by the company I was working in because I felt that I needed more accounting knowledge.Īt the time I thought “Hey, it could serve as a refresher (maybe) or even a huge chunk of valuable information”. If you read my previous post on 10 BIG Tips for SAP FICO Consultants – Career Journey (First Few Months), I mentioned that I took up an online accounting course to further aid my understanding on the topic. This in turn will give you a backbone of understanding the purpose of SAP Finance functionalities, behaviors, configurations, and more. The basic concepts should help you link basic accounting to financial accounting in SAP. When it comes to understanding how Financial Accounting works in SAP, it helps to take a step back from the ERP software and digest (at least) the basic accounting concepts first.
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