SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
1 A. Company is nothing but Group of Company codes eg.
TATA, Company code nothing but Tata Consultancy Servies. so
many company code we can assign to One company. Company
having different typies of company codes eg. TATA Group
having TCS, Tata Steel, Titan like that.
3 A. Retained Account mean this is mandatory we can't creat
GL account without Retained account. On year ending p&l
account balance transfer to Retained a/c balance sheet a/c
s transfer to individual a/cs.
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
account group determines which fields you can configure in
the GL master record. either it should be B/S or P&L item.
It may be even sample account.
It controls the number range of GL account
It controls the status of fields of the GL master record
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
6. Fiscal year variant can be defined as year dependent or
year independent.It contains the definitions of posting
period and special periods.
Posting period variant controls the open and close of
the particular year for each co code(both normal and
special periods)
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
12. External number range is the numbers given by the
person who is entering the transaction, which can be even
alpha numeric. numbers in sequence is not necessary.
Internal number range is the system generated numbers,
in which numbers are in sequence.
13. Client - chart of accounts - co code - business area
20 Base line date is date from which terms of payment
apply. Base line date be a) document date b)posting date c)
no default(the user should explicitly must define the
baseline date in invoice) d)entry date. Base line date is
used to calculate cash discount amount.
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
66 hold document:
No document no. assignemnt
free assignment of the designation
no update of the transaction figure
not taken into account for evaluations/reports
Park document:
system assigns the number
user must pass on the number if it is assinged externally
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
67 sample document is a special type of reference document.
data from this document is used to create default entries
on the accounting document entry screen.It does not update
transaction figures.
recurring document is used for periodical postings such as
rent payments/recipts, loan payements etc.It should be
posted sequentially. it is not possible to skip one payment
and post the next due.
69 clearing accounts is nothing but balancing the debit and
credit of a particular account.
70 open item management shows the transactions which is
open as well as cleared items.
Re: SAP FICO Interview Questions
1) Differences between company code and company
2) business area and PCA
3) Retained earnings Account
4) Account group functionality
5) field status variant
6) fiscal year variant Vs posting period variant
7) withholding taxes
8) tax on sales and purchases
9) use tax
10) Vat
11) jurisdiction code
12) external number range and internal number range
13) FI organizational structure
14) CO organizational structure
15) FI tables
16) CO tables
17) CO-PA tables
18) APP configuration steps
19) APP run steps
20) Importance of base line date
21) importance of next posting date in APP run
22) Dunning configuration
23) Dunning run steps
SAP FICO Interview Questions
24) check printing program
25) Void and reprint checks
26) pre numbered checks
27) House banks
28) if vendor is a customer
29) dunning area
30) dunning key
31) dunning block
32) payment block
33) Journal entries in SD integrations
34) Journal entries Billing and PGI
35) Journal entries in FI-MM integrations
36) Journal entries for goods issue, scraping and goods
issued to production
37) valuation class
38) validations and substitutions
39) valuation area
40) valuation modification
41) general modification
42) Material master views
43) FS00 all tabs
44) Vendor and customer master creation( all tabs)
45) ASAP methodology
SAP FICO Interview Questions
46) All five phases in ASAP methodology
47) testing process
48) documentation
49) functional specs
50) user exits
51) customer exits
52) enhancements
53) tables view
54) work bench request and customizing requests
55) SM35 and SE38 screens
56) DEV, testing and PRD clients
57) Tickets / messages
58) problems faced in implementation and support
59) client, cross client, transport of configuration
60)LSMW
61)BDC
62) Debugging a program
63) Special GL accounts, Special GL Transactions,
Alternative GL accounts
64) Down payment Request, Down payments,
65) Noted items
66) Parking a document and holding a document
67) sample document and recurring document
SAP FICO Interview Questions
68)BRS
69) Clearing accounts
70)Open item management
71) line item display
72) bank sub accounts
73) payment terms
74) controlling area
75) versions
76) link between FI and CO
77) assessment and distributions
78) allocation structure
79) what is cost center
80) what is a profit center
81) Profit center configuration steps
82) Report painter
83) Report
84) Report groups
85) Report library
86) Statistical and Real postings
87) Standard hierarchy and alternative hierarchy
88) Transferring data to SD to COPA configurations
89) CO-PA configuration all steps
90) Month end closing
SAP FICO Interview Questions
91) year end closing
92) Go-Live activities
93) Lock Box concept
94) cross company code transactions
95) settlements in co
96) difference between cost centers and internal orders
97) Reconciliation Accounts
98) Extended With Holding Taxes configuration steps – right
from creation of WH Tax Types, Codes to Annual Return
99) What is chart of account and how many charts of
accounts can be assigned to a company
100) What is residual payment and part payment
101) procurement cycle in MM
102) goods movement
103) What is GR/IR? What journal entries
104) Primary cost elements and secondary cost elements
105) How to configure FI and CO reconciliation account
106) Steps for electronic bank reconciliation statement
107) CO-PA Transfer of Incoming Sales Orders
108) Report Painter, How to reverse +/- signs
109) What is the relationship between Report Groups and the
report groups
2.Business area and pca both are useful for internal
reporting purpose but coming to taxes business area is not
supported so now a days all the people are useing pca for
reporting . mainly pca is useful for to know the profit for
a particular product wuse , product grp wise or location
wise if business area is not activated in fi.
1.company is a legal entity we can assign n no os company
code under one company .
company code means we can maintain all financial data
3.account grp : grouping of all the activities in order to
control the master records
5.different fields which are useful for posting
6. fiscal yr variant is nothing but financial yr for
company here we can maintain 2 types of fiscal yr variants
1.calender yr
2.yr dependent fiscal yr
posting period variant: for posting any g/l a/c we need to
open that period for this we need posting period variant
7.withholding taxes
we have 2 types of withholding taxes
1.classical
2.extended
n some countries, a portion of the invoice amount must be
withheld for certain vendors and paid or reported directly
to the tax authorities.
SAP currently provides 2 functions for calculating
withholding tax.
1. Classic withholding tax 2. Extended withholding tax
Extended withholding tax includes all the features of
classic withholding tax and, in addition, also fulfills a
number of further country specific requirements.
If you wish to implement the withholding tax functions in
your organization you should choose extended withholding
tax.
8. taxes on sales and purchases
if we wnat to maintain taxes on sales and purchases we need
to maintain tax procedures the diff between sales tax and
purchases tax we need to pay to the tax authorities
taxes on sales and purchases are levied on every sales
transaction in accordance with the principles of VAT. This
applies to input and output tax, for e.g. input tax is
calculated using the net invoice amount and is charged by
the vendor.
Output tax is calculated using the net price of products
and is charged to the customer.
Companies can offset input tax against output tax, paying
the balance to tax authorities
9.use tax
use tax is a tax that is withheld by vendor. If the vendor
does not charge taxes on taxable transactions or cannot
charge for legal reasons for e.g. the recipient of the
goods is obliged to pay the taxes due to the tax
authorities. This tax increases the expense.
10. value added tax
11.Jurisdiction code
jurisdiction code is a key which determines the tax amount
and the way in which payment of the total tax amount is
divided between different tax authorities. Jurisdiction
codes are used in USA and Brazil.
These codes are made up of 3 levels these are
250221105
25=state code
022=country code
1105=city code.
In Asset accouting, the capitalisation date of an asset is
01/10/2008, you need to ensure the foll: i. Deprn of 40%
should be completely depreciated on 01/10/2008,
ii. Deprn of 20 % should be evenly distributed throughout
the year
iii. Deprn of 20%, out of which 10% shud be assigned on
01/10/2008 & the remaining throughout the year..
how do you config this??
Hi
IMP Question urgent & confusing.
What is the main difference between OBA3(Tolerance group
for Customers and Vendors) and OBA4(Tolerance group for
Employees).
OBA4 Means giving tolerance limit for the transactions to b
posted by the employees.
Did you received any Funny E-Mails from your Friends and like to share with rest of our friends? Yeah!! you can post that stuff 
Site Map
