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

ramesh reddy nalamada

{ City } hyderabad
< Country > india
* Profession * fico consultanta
User No # 1776

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Total Answers Posted # 2

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Answers / { ramesh reddy nalamada }

Question { IBM, 233592 }

What is GR/IR account? Why do you maintain that? Explain the
importance of GR/IR clearing account.

Answer

Normally there will be time lag between recording of Goods
received and Invoice received. To track the differences at
any point of time, GR/IR Account will be helpful.

Is This Answer Correct ?

199 Yes

21 No

Question { 13908 }

In FI Invoice transactions are not getting posted to a
customer account. Possible reasons can be

Answer

Check Reconciliation Account Entered in the Customer Master

Is This Answer Correct ?

2 Yes

2 No