SAP FI-CO (Financial Accounting & Controlling) Interview Questions
Questions Answers Views Company eMail

WHAT ARE THE STEPS INVOLVED WHILE DATA UP LODGING IN LSMW

Cap Gemini, IBM, Wipro,

1538

WHAT ARE THE STEPS INVOLVED WHILE DATA UP LODGING IN LSMW

1 4976

Hi SAP experts...I am new to CO and i am learning it by installing SAP in my own system...can any body advice me how to start with CO, like which one i configure first and then next steps. it will be very helpful to me if somebody advice. Thanks, Rajendran.

1 2291

1. I want to create an installment method payment term whereby my customer pays 50% as Advance Payment & 50% Net 45 days. How to configure the 50% advance payment term in OBB8 as system does not take negative days say -1 . I have created Z100 as 50% Advance Payment & 50% Net 45 days, Z101 as 50% Adv Pyt and Z102 as 50% Net 45 days in OBB8 and then assigned the same in OBB9 to Z100, 1, 50%, Z101 and Z100, 2, 50%, Z102. But the payment terms Z101 should be having -1 days instead of 0 days. How to configure this or achieve the payment term of advance payment? 2. My purpose is that during FB70, I should get a warning message that advance payment has not yet been received for this customer having this installment payment term Z100. It should not let me post the invoice unless 50% adv pyt has been received. At present we are not using Down Payment functionality. But I assume that without the Down Payment functionality the same cannot be achieved. Please confirm this. How can I achieve the above requirements? 3.Dear Group - Our Purchasing Dept has asked me to create a new payment term with the following terms: "Payable 90% upon delivery, 60 days net, 10% upon acceptance, 60 days net". So when we receive the invoice, we get a 10% discount off the total price, due within 60 days. The balance is due 60 days after that. Any ideas on how I would configure this using transaction OBB8. IT IS VERY URGENT FOR ME KINDLY SEND ME THE ANSWER ON MY E.ID-sahu.suryakanta@hotmail.com.

4670

What is sort key and how it controls?

IBM, Zensar,

3 11396

What is Noted item?.... what is the difference between Noted item and Special GL transaction?

2 16809

Hi friends i went to interview interviewer asked in bank accounting why we give masking to G/L accounts.I don't know please let me any one explain.

IBM,

2 4485

How is the electronics bank statement gets uploaded in the sap system, how the reconciliation and document posting happens? explain in detail...?

1 25388

no range we are using internaly or externally in g/l?

BirlaSoft, IBM,

2 4987

while making DO in SAP system allowes passing an entry more than the credit limit set in the system configuration Please help me

IBM,

1714

what is month end activities pls explain briefly

Patni,

7 20559

WHAT IS APPLICATION INTERFACE EXPLAIN BRIEFLY

L&T,

1 5563

re: when i am posting insharecapitalpaid i received one message that is there is no item is assigned to this account (bankaccount)/company code

IBM,

2 4549

SAP FICO support level interview questions

IBM, Sabero,

2 19864

Please Someone give me any Business Blue Print for SAP FI

1 3329


Post New SAP FI-CO (Financial Accounting & Controlling) Questions

Un-Answered Questions { SAP FI-CO (Financial Accounting & Controlling) }

I had posted a down payment to a vendor. In addition to that i had posted the invoice to the same vendor.When i run the F110 to make the payment, I want the functionality to adjust the down payment with the invoice & to pay the balance amount. I don't want to do the down payment clearing manually in F- 54. the down payment should be done in the F110 itslef. Is it possible?. If yes what is the configuration related to this.

1958


You are entered a credit memo posting to vendor who is linked to a customer on 1st of May 2003 for your company code but you have not specifically entered the same data in customer till now. You have lots of entries appearing in the vendor and customer account prior to that date of May 2003 also. You are making a manual payment to the vendor ? select out of the following which statements are correct. a. Credit memo document will get the special payment term as per vendor master definition. b. Customer items will not be shown while paying the vendor as customer is not linked. c. Customer items will be shown only postings after the date 1st May 2003. d. All items of customer and vendor will be available for payment provided payment is same from 1st May 2003. e. All items of customer and vendor will be available for payment provided Special GL items are also selected in selection screen irrespective of the activation date

1736


Explain automatic payment programmer

594


What is Plan Depreciation(AFAB)

1486


Explain the process of calculating the planned activity output through long term planning?

634






if sap master data has been change due to user demand how to test his result

1522


For what purposes internal orders can be used?

592


What is the use of document reversal in sap system? : cost center accounting

676


What is the importance of good received/ invoice received clearing account?

589


Explain the most common g/l reports in fi?

722


Explain asset class

569


If you want to learn Free Sap FI Course online join "SAP Fi Free online Course group" on FB

804


How do you perform annual closing in sap? : fi- general ledger accounting

695


How to setup the performance base payment process?

1609


What are fi substitution rules?

600