00 REAL TIME SAP FICO INTERVIEW QUESTIONS AND ANSWERS. mdanwar rahmani. Uploaded by. Mdanwar Rahmani. Download with Google Download. Download SAP FICO 1 SAP FI stands for Financial Accounting and it is one of important Answering Tough Interview Questions For Dummies® England. 18 Question 4 SAP-FICO Interview Questions answers Certification. PDF. The main goal of this SAP fico interview SAP FICO Interview Questions on Decade Study Howard S Friedman Sl Operators ManualAjaya.
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SAP FI/CO—Questions and Answers. SAP FI/CO—Questions What are the ' Solutions' Currently Available from SAP? What is the Significance of the 'SAP NetWeaver' Platform? . Performance: Upload/Download. AL 95 . Top 50 SAP FICO Interview Questions and Answers Pdf SAP Finance and Controlling (FICO) is the most broadly adopted SAP modules. SAP FICO module . Answers Pdf By Siva Pidugu | January 8th, | SAP FICO Interview Questions | 0 Comments. 1. What Is The Report Painter? Answer: The report painter is a.
Siril Pao-iton Mayapit. Improvements that will be system-enabled will form part of the implementation and also help the project team to identify areas of change. Venu Undavilli. Currently, SAP Solutions include the following: It is understood that whatever is explicitly stated in the business blueprint document is the only scope; no implied scope will be considered for system configuration in the next phase. There is a configuration setting to be done.
The following are the steps for configuring manual bank statement: Under the Chart of depreciation all the depreciation calculations are stored. For example in the payment program.
Chart of depreciation is the highest node in Asset Accounting and this is assigned to the company code. By entering these master data numbers. The due date derived via the payment can be changed on each individual invoice if required. The baseline date is the date from which the payment terms specified in IMG transaction OBB apply Usually this is the document date on the invoice but can also be the date of entry or posting date from the ledger.
Variations on the above may be found in different SAP customers. Printing of payment forms cheques etc. What Are One-time Vendors? In certain industries especially where there are a high volume of cash transactions.
Proposal Scheduling — the system proposes list of invoices to be paid. One-time vendors allow for a dummy vendor code to be used on invoice entry and the information which is normally stored in the vendor master payment terms. The following steps are usually performed during the payment run Entering of parameters company codes. Payment booking — the booking of the actual payments into the ledger. The dunning level on the customer master indicates which letter has been issued to the customer.
SAP can determine which customers should receive the letters and for which overdue items. A text file is received from the bank which is then uploaded into the SAP system. Dunning is the process by which payment chasing letters are issued to customers. Different letters can be printed in SAP depending on how far overdue the payment is from a simple reminder to a legal letter.
Depending on the system configuration SAP will attempt to book these transactions automatically to the correct accounts to avoid the need for manual entries by SAP users.
During configuration the following are determined Whether the items booked with these reason codes are to be flagged as disputed items for the purposes of credit management disputed items do not increase a customer credit exposure. Combined with an exchange rate of 0. Exchange Rate factors are the relationships between one currency and another to which an exchange rate is applied. If the local amount is manually overwritten. Substitution rules allow field values to be replaced when certain pre-requisites conditions are met.
SVR affected ledger s. If this is different from the entity currency or local currency. Another popular use is when entering GL journals with many hundreds of line items.
The document can be partsaved allowing for completion at a later date. A separate person can then release the posting to the ledger when required. On the document header. What Are Fi Substitution Rules? Defined in configuration they are similar to the FI validation rules above. It is possible however to overwrite the system proposed value in this field manually. This is useful for example if junior staff are to initially enter the invoices.
Derived from the exchange rate table by leaving exchange rate blank. The exchange rate can be entered via either: Directly on the document header. SAP Interview Questions: This occurs when the exchange rate in the document header either entered by the user or derived from the exchange rate table differs by a larger amount than that specified as the maximum tolerance.
During Document Postings. The message can changed to be either an error or a warning. Student should take care about software.
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Jump to Page. Search inside document. What Is The Report Painter? Ma Yumi Angelica Tan. Ahsan Rabbani. Mohammed Hossain. Muhammad Rashed.
Faryal Jafri. Siril Pao-iton Mayapit. Angella D'Michi. Pankaj Panday. Abu Akhtar Aira Althaf. Narayan Kardile. Ryan Sharrow. More From Manas Kumar Sahoo. Pages are defined to provide the system with a start and end point in text formatting. Page windows are the combination of windows and pages, where the dimensions of a window and its position on a page are specified.
The enhancement may be done through: SAP guarantees that all such exists will remain valid across all future releases. The customer exits include: The screen painter allows you to make modifications to screen attributes, the flow control logic, or the layout.
Figure 6: Figure 7: Modification Assistant. This provides you with a detailed overview of modifications that is easy to read and that dramatically reduces the amount of effort needed to upgrade your system.
The Modification Assistant offers support in the following areas: This dialogue box appears exactly once per user for each of the various kinds of transport objects. The actual data is placed in the Tem Se Temporary Sequential objects.
The changes such as the creation of a new Company Code, changing a document type, etc. The components to be transported are specified in the object list of a transport request. Figure 8: Transport Organizer A Client is denoted by a 3-character alphanumeric code in SAP, and is a mandatory element. The settings made at the Client level, data maintained, etc. A Client should have at least one Company Code defined.
SAP comes delivered with Clients and , which contain all the default settings. Usually, copying from the default Clients creates additional and new Clients. Development Client 2. Test Client 3. Production Client In any implementation, you must have at least three types of Clients as mentioned above. There are some companies where you will have more than three. These include: Also check to see if the field name you are looking for is in any of the tables.
Logical databases can also be useful in determining how tables are linked together. You may also use other methods listed below to zero-in on the field. You can perform any of these, in isolation or in combination, until you find what you are looking for: This will detail the tables hit, and the order in which they were hit. Not all tables hit will be displayed; for example, configuration tables tend not to show up, as they are buffered. The Runtime Analysis will show all tables accessed by the transaction.
Figure 9: The LSMW assists in organizing your data migration project and guides you through the process by using a clear sequence of steps. The most common conversion rules are predefined. Reusable conversion rules assure consistent data conversion for different data objects.
The LSMW performs the following steps: Figure Data Transfer Workbench There are two ways to do this: With this method, you have the flexibility of subprojects or objects that need to be transported. Transport request. With this method, you will not be able to select the objects, and the project as a whole is transported.
You can also find release, installation, upgrade, and migration information. Project Implementation ASAP helps to a reduce the implementation time, b achieve quality implementations, and c make effective and efficient use of project resources.
ASAP integrates the following three components: ASAP Roadmap 2. Tools Questionnaires, templates, etc. ASAP Roadmap is aimed at providing step-by-step direction and guidance throughout the project implementation by providing a process-oriented, clear and concise project plan. The roadmap meanders through the following milestones or phases in the project implementation lifecycle: Project preparation 2.
Realization 4. Final preparation 5. Go-live, support, and continuous improvement Project preparation is the first and initial phase of the ASAP roadmap where you are just starting the project. You will perform activities such as preparation of the initial scope, high-level timelines and plans, project charters, identification of project team members, project kick-off, etc. ASAP Roadmap Business blueprint is the second phase in the implementation where you will try, identify, and document business requirements and goals to prepare the foundation for future stages of the project.
It is understood that whatever is explicitly stated in the business blueprint document is the only scope; no implied scope will be considered for system configuration in the next phase. Realization is the third phase where the implementing team breaks down the business processes identified in the second phase and configures the SAP settings.
Final Preparation is the penultimate phase in the project. This phase also serves to resolve all crucial open issues. This phase is marked by the following activities: Setting up a help desk involves, among other things, installing office and technical equipment and defining OSS users.
On successful completion of this phase, you are ready to run your business in your production system. Users make productive live business transactions in the system and all the issues cropping up in the wake of going live are supported and resolved by a support team immediately.
The tool is Web-based to make mySAP. The Quicksizer has been developed by SAP in close cooperation with all platform partners and is free.
The Quicksizer calculates CPU, disk, and memory resources based on throughput numbers and the number of users working with the different SAP components. The tool gives customers and prospects an idea of the system size requirements for running the proposed workload, and is also useful for initial budget planning.
Initially used during the Project Preparation and Blueprinting Phases, and anytime after these phases when there is a change in system requirements, the tool helps in arriving at the recommendations for hardware deployment.
These lists become the central repository from which you build the individual master lists to manage the initial configuration, final configuration, final end-user integration testing, and any other end-user procedures including the documentation. The templates are replete with Best Practices or Standard Procedures for completing a particular transaction, which you can customize for end-user training.
These maps define the activities, roles, system interfaces, and business documents required for inter-enterprise collaboration. They also show which SAP Solutions and Services you need to make your organization a truly collaborative e-business. C-Business Maps explain what happens when you deploy e-business solutions to integrate existing resources and transcend the borders of individual enterprises.
They give you a complete picture of the benefits and advantages of collaborative business processes. Smart Implementations provide tools to assist with technical infrastructure planning, installation of necessary components, system configuration and integration into an existing SAP system landscape, and infrastructure management in a production system.
This is the central repository for customizing, providing a step-by-step guide for carrying out various activities. When you execute an activity from the IMG, you are indirectly changing the values parameters in the underlying table.
General Settings Country settings, currencies, calendar maintenance, time zones, field display characteristics, etc. Enterprise Structure Definition, assignment, consistency check, etc.
In this case, the country selection is done when the Project IMGs are created. You can customize SAP using: Just follow the IMG tree, step-by-step.
No technical knowledge about tables, views, etc. You need to know the name and structure of the tables where the parameters are directly entered. Technical knowledge of customizable objects is required. This is because there are many transactions, which affect more than one table. This is to test whether the system is properly configured to meet the requirements of the business.
Secondly, the transactions with high resource consumption are searched for and necessary adjustments are made. Thirdly, the changes from the two prior sessions are validated. This check is performed in the productive operation system. After a system goes live, some fine tuning and eliminating of potential bottlenecks is still necessary. This will help to identify any improvements that can be made prior to implementation and begin the process of change within the organization.
Improvements that will be system-enabled will form part of the implementation and also help the project team to identify areas of change. However, it is also possible but not recommended if there are large areas requiring total process re-engineering to do BPR during the business blueprint phase provided the project team works within the boundary of the initial scope provided.
You can, among many alternatives, set: Financial Accounting FI General The module FI has several submodules that are tightly integrated. This submodule is integrated with all other submodules within FI and outside FI. When moving through the questions, at any point in time if you need clarification on the arrangement of the various organizational elements, do visit this page again.
Company 2. Company Code 3. Business area A Company can include one or more Company Codes. The creation of a Company, in SAP, is optional. Company and Company Code Figure Define a Company It is denoted by a 4-character alphanumeric code. The creation of a Company Code is mandatory; you need to have at least one Company Code defined in the system, for implementing FI. Check Company Code Option. You may also define the Company Code anew the second option in the following figure , from scratch.
Options to define a Company Code General data: Business Area The financial statements drawn per business area are for internal reporting purposes.