SAP FI-CO (Financial Accounting & Controlling) Interview Questions, Answers for Freshers and Experienced asked in various Company Job Interviews

SAP FI-CO (Financial Accounting & Controlling) Interview Questions

Questions Answers Views Company eMail

What do you mean by chart of accounts? What are its important elements?

1212

If Document posted in one fiscal year can it posted in Next Fiscal year?

1119

What is Lock box in sap fico?

1451

What is validations and substitutions in sap?

1273

How can you create credit control area in sap?

1044

What are the application areas that use validation and substitutions?

1798

What is a 'year shift' in sap calendar?

1429

What is recurring entries and why are they used?

1270

What is the advantage of configuring both the type of profitability analysis together?

1095

Explain the document currency (wrbtr) and local currency fields (debt) when posting a document in sap fi?

1521

During document postings, under what circumstances would sap display the following warning / error message: “calculated rate deviates from document header rate by x%”?

1100

What are fiscal year variants and how are fiscal periods opened and closed?

1073

What is meant by a “baseline date” in sap ar and ap?

1167

What is the significance of sender & receiver cost elements & cost centers?

1266

How is it possible to apply 2 different overhead rates for 2 different finished goods?

1100

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

What are the benefits of using cost center accounting? : cost center accounting

1073

what is the use of primary cost component split in PC? How would you calculate the overheads per qty without using costing sheet?

4051

What is account modification key?

1158

What is an output variance? : co- cost center accounting

1106

What is a company code and what are the basic organizational assignments to a company code?

1095

What is a special period?

1193

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

1008

What is pre-closing? : fi- general ledger accounting

1094

What is number range interval? : cost center accounting

1141

What is the difference between Held, Parked, Recurring and Sample Doc?

1683

How do you perform budget structuring and take care of budget overrun issues in Funds management? What is the configuration and what are the T codes that are used?

2362

How do you create new status groups for capital spending accounts and revenue accounts? What are the steps and the T codes used?

2312

How many retained earnings a/c can be defined?

1111

What is operating concern in co-pa? : co-pa

1096

What is a chart of accounts?

1226

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