Answer Posted / biswajit ghosh

For Vendor Payment Go to F-53, in this screen you have to maintain document date, document type, company code, posting date, currency in header data. Next in bank data put bank account no, amount, value date etc then in open item selection
put vendor account no to whom you want to pay then click on open item process then select the invoice which you want to clear then Click on document menu - simulate to justify the transaction correct or not then save it.
then check the balance of vendor

What variations are possible when defining a fiscal year?

542

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Can you open a posting period only for a particular user?

698

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What do you mean by low value assets? : fi- asset accounting

614

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Name the sub modules within fi, from which fi-gl gets simultaneous postings? : fi- general ledger

760

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What is the trading partner concept? : fi- accounts receivable

711

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Tell me the SO (sales Order) to Collection in sap with Accounting Effect.

1613

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What does field status group assign to a gl master record controls?

562

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What are ‘commitment’ line items in co?

610

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What is a cost object? : co- general controlling

639

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What is iterative processing of cycles? : co- cost center accounting

659

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What is done by gr/or regrouping program?

584

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What are posting keys? State the purpose of defining posting keys?

583

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Explain what a transaction in sap terms?

614

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Explain bank statement in cash management? : fi- general ledger

588

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Hai friends how to get sap fico consultant which type of questions are asking in interview means configuration steps or project means problem solving questions or steps and subject and present companies are take the telephone interview or face to face interview? how many rounds are having in interview based on 3 ,4 Exp and main iam M Com graduate(2009) how many years of exp putup in my resume why because somebody says u must putup exp how many years are right Pls give me reply

1082

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