sap fico interview questions and answers pdf

Sap Fico Interview Questions And Answers Pdf

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It is very important as it handles all the financial transactions data.

SAP FI Interview Questions & Answers

It is the software that stores data, and also computes them and retrieves the result based on the current marketing scenario. In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as 'Posting Key' Posting key determines a Account Types b Types of posting. To generate financial statements like Profit and Loss statement, Balance sheets etc. You can have one Chart of Account for one company code which is assigned. There are three currencies that can be configured for a Company code, one is a local currency and two are the parallel currencies. Fiscal year in SAP is the way financial data is stored in the system.

What is the difference between company and company code? A company is the organizational unit used in the legal consolidation module to roll up financial statements of several company codes. The Company Code is the smallest organizational! How many chart of accounts can be attached to a company code? One or more Operative Chart of Accounts can be assigned to a company code. A COA must be aasigned to a company code. One Chart of Account can be assigned to many Company codes i.

SAP FICO Interview Questions

Since through our expertise great interviewers simply intend to ask any critical question during your interview, commonly questions begin with some fundamental concept of the subject and next they proceed based on the distant analysis and Learn SAP FICO Online. Financial accounting and regulating are essential business fields, building a framework for every additional business enterprise. Tracing benefits, outgo and cash flow enable administration experts to give significant preparation choices concerning destiny. What Is Sap? What is Erp? Originally, ERP was targeted for construction manufacturers essentially for devising and executing core market similar to stock and financial business. Since the extension and benefits of ERP package ERP software are intended for a primary method of a corporation from manufacturing to tiny stores with the purpose of combining data over the organization.

SAP is divided into several posting period, in a typical fiscal year, with a definite start and end date and the same is defined specifically for each of these periods. Only when the posting periods are in place that's when in the system any document posting. Generally, there are 12 posting periods. Each posting period comprises of a month and a year. SAP permits the defining of a maximum of four more posting periods, which are referred to "Special Periods" , as these are utilized for year-end closing activities. All of this is made possible by dividing the last posting period into more than one, but a maximum of four, period. Typically, all the postings in these special periods should be counted in the last posting period.

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SAP FICO INTERVIEW QUESTIONS. & ANSWERS. How to Clear Each and e.g. FI-GL, Assets, Controlling etc at the following levels. 1. Document level. 2.


SAP FICO Interview Questions

There are lot of opportunities from many reputed companies in the world. It is not always necessary that everyone needs to use the FICO in the same manner. Therefore, it needs to be changed as per the requirement. Q3 Why the financial statements are important for any business? Well, it simply enables them to keep an eye on the purposes for which a specific amount was send including all its information.

The main goal of this SAP fico interview questions are provide readers with a good knowledge base, to those new to SAP Finance Accounting and SAP controlling and to sharpen the skills to experienced consultants for job change. FICO module is the backbone of SAP which records, collects and process all the financial transactions of an organization on real time basis and provides the required details for internal and external reporting. What are the data will be copied to a new company code when you create a company code using copy as function?

Когда ее глаза привыкли к темноте, Сьюзан разглядела, что единственным источником слабого света в шифровалке был открытый люк, из которого исходило заметное красноватое сияние ламп, находившихся в подсобном помещении далеко внизу. Она начала двигаться в направлении люка. В воздухе ощущался едва уловимый запах озона. Остановившись у края люка, Сьюзан посмотрела. Фреоновые вентиляторы с урчанием наполняли подсобку красным туманом.

SAP FICO Interview Questions & Answers

Он вошел.

 Коммандер, я должна… - попробовала вставить слово Сьюзан. И снова Стратмор нетерпеливым взмахом руки заставил ее замолчать. Сьюзан в испуге взглянула на Хейла. Он стоял с безучастным видом, словно происходящее его никак не касалось. И это понятно, - подумала .

SAP FICO Interview Questions and Answers

Чатрукьян опустился на колени, вставил ключ в едва заметную скважину и повернул.

3 comments

Alexandra V.

1) Explain the term SAP FICO? 2) What are the other modules to which 'Financial Accounting' is integrated? 3) In SAP FI what are the organizational elements? 4) Explain what is posting key and what does it control? 5) What is the company code in SAP? 6) How many Chart of Accounts can company code have?

REPLY

Michael C.

Top sap fico interview questions and answers pdf in Our senior faculty tailored it technically depending on what you answer to the previous question.

REPLY

Vjuliet

It is used to store the financial data of an organization.

REPLY

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