Jun 15

SAP FICO Interview Questions – Accounts Payables

SAP FICO Interview Questions – Account Payables Part 1

  • Explain the Procurement to Pay process
  • What are the documents that get created in Procurement to Pay process ?
  • Which steps in Procurement to Pay process does FI documents get created.
  • What is a RFQ / PR / PO ?
  • Give details on how FI -MM integration works.

Continue reading

Dec 03

SAP FICO Interview Questions – Account Receivables

Start with these basic set of SAP FICO Interview questions related to Accounts Receivables
.
  • What is a ‘Customer/Vendor Master Record ?
  • Why is an ‘Alternate Payee’ used ?
  • Define ‘Tolerance’ in Transaction Processing
  • What is ‘Dual Control’ in Master Records?
  • What is a ‘Bank Director’ in SAP?
  • Give step of a ‘Sales Cycle’ in SAP

 

Continue reading

Dec 02

SAP FICO Interview Questions in General Ledger Accounting (FI-GL)

Here are some useful SAP FICO Interview questions related to General Ledger Accounting
(FI-GL)

  •  What is a General Ledger Accounting Document? 
  • Explain the Document Principle in SAP
  • What is the significance of Document Type and Document Header?
  • What is the connection between Account Type and Document Type?
  • What are GROSS and NET postings?

Continue reading

Jun 09

SAP FICO Interview questions – Basics in Asset accounting Part 2

Part two of SAP FICO Interview questions in Asset Accounting
.

  • What is the use of Depreciation Keys ?
  • Why do we define Internal Calculation Key ?
  • What  are the prerequisites to perform a Depreciation Run ?
  • Detail the steps in a Depreciation Run .
  • How does the system calculate Depreciation values

Continue reading

Jun 09

SAP FICO Interview Questions – Basic Asset Accounting – Part 1

Posting the first set of SAP FICO Interview questions related to Asset Accounting
. These are the basic set of SAP FICO interview questions in Asset accounting .These only confirm that the candidate has a basic understanding of the breadth of SAP Asset Accounting
. Depth of Asset accounting is something very subjective but interesting . I shall be posting those questions too later.

Continue reading