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 is sap fico?

1031

What are the steps involved before you run a cost estimate for a split valuated material?

1 1907

Explain the use of financial general ledger accounting (fi-gl)?

930

How do you define a new company code?

1064

How the system identifies a ‘posting period’?

1017

What is a sort key and what is it used for?

992

How do you maintain the number range in production environment? Do you directly create it in the production box or do you do it by means of transport?

985

Explain the importance of asset classes in the sap software?

1038

How is cost center accounting related to profit center?

907

What is the special purpose ledger and what would be some reasons for using it?

974

What is the number of configured currencies per company code?

923

What are substitutions and validations?

997

When defining a new ledger in the special purpose ledger, how can you retrospectively populate fi data for a previous fiscal year?

986

What is a cost element group?

1 2351

When a standard cost estimate is run for a finished good does sap calculate cost estimate for its components such as raw and packing material?

1099

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

What are the issues you faced after the implementation project in go-live?

2516

How do you manage outgoing partial payment for the vendor in fi?

954

Hi Could you please share the process of migration of Classical GL Balances to New GL Balances. What are the actions / precautions we need to take at the time of New GL Migration time.

2032

What do you understand by posting key? : cost center accounting

977

How do you calculate the cost for a by-product in sap?

986

Why do you need asset classes? : fi- asset accounting

1045

What does definition of a chart of account contain?

1034

what are the organisational elements in sap fi and describe them ?

1010

I know that in version ECC6 exists the functionality of document splitting like this: If an Invoice is for 11,000/-.Then we write the GL as : vendor A/C Dr XXXX to Purchase 1 XXX to Purchase 2 XXX to Tax XX But through Document Splitting we can write it based on the %age of sharing as 80 : 20%.. Vendor A/c 8,800(DR) Purchase A/C 8,000(Cr) Tax 800 (Cr) Vendor A/C 2,200 (Dr) Purchase 2000(Cr) Tax 200(Cr) This is called Document Splitting But when you talk about tax, you mean a line item created manually like tax or a document where you complete the tax code and the line is created automatically? Thanks a lot in advance. REgards,Lorena

2157

In customizing company code productive means what? What it denotes?

1079

I have a customer and I have a special agreement with him that he always come to my premise and takes delivery and making by cash. In this case instead of debiting customer you have to debit the cash account. Is this possible ? If so how and why and If not how and why ?

1424

Will pricing be changed for mysap business suite on linux?

1046

What is financial accounting sap ?

1020

What are the features of APP programing

2110

Tell me some important tickets in fico?

2112

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