10/9/13

INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

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INFOSYS INTERVIEW SAP FICO QUESTIONS

Posted on February 14, 2013 by aslamkhan064

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SAP FICO interview questions : SET-1 1. How are controlling areas and company codes
related? 2. How many charts of accounts can a company code have? 3. How many normal
and special peroids can be there in a Fiscal Year? How do you open and close
periods? What is the use of special periods? 4. What do yo mean by document type
control? What entries do you make in company code global settings? 5. What do you
mean by chart of accounts? What is it used for? What are its important elements?
How many chart accounts can be assinged to a company? 6. Explain an account group.
What does it control? 7. Differentiate between: a.) Residual payment and part
payment. b.) Chart of Account and Operation Chart of Account c.) Profit center and
Business area 8. What is GL Master Record? What are its various segments? How is
the field status of GL Master Record maintained? 9. Explain the following and list
various segments in them. a.) Customer Master Record b.) Vendor Master Record 10.
What do you mean by the following? a.) Acquisition and Production Costs.
b.)Depreciation
aslamkhan.blog.com/2013/02/14/infosys-interview-sap-fico-questions/

CALENDAR
February 2013 M T W T F 1 4 11 18 25 5 12 19 26 6 13 20 27 7 14 21 28 8 15 22 S 2 9
16 23 S 3 10 17 24

« Jan

TAGS
64 INTERV IEW QUESTIONS WITH ANSWERS ACCENTURE APTITUDE Accenture ORACLE -APPS
Interv iew Questions ACCENTURE SAP FICO ADV ANCE EXCEL. (ANALY SIS SKILLS) BUSINESS
LAW CASES Careers Tips COST ANALY SIS (METHOD ABC COSTING)

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INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

c.) Accumulated Depreciation d.) Tolerance Group e.) Reversal posting f.) Field
Status Group 11.What do you mean by Automatic a/c determination? What data do you
need for it? 12. Explain: a.) Automatic payment programmer b.) Dummy cost center
c.)Statistical key figure d.) Asset Class 13. What is Business Area? What are its
advantages and disadvantages? 14. Situation – You want to run a payment run. Which
dates would you take into consideration? 15. How do you calculate the due date of a
document? SET-2 1.What is a special GL transaction? 2. What is open line item
management? 3. Where do you open and close periods? 4. What are the segments of GL
master record? 5. What does document header control? 6. What is asset master? 7.
What is the difference between the R/3 4.6version to R/3 4.7 version? 8. What is
enterprise structure? 9. What data is required for automatic a/c determination 10.
What is Evaluate option in APP? 11. What is the difference between profit center
and business area? 12. What are financial versions? 13. What are all the settings
you need to do before
aslamkhan.blog.com/2013/02/14/infosys-interview-sap-fico-questions/

CURRENCY NOTES DELL INTERV IEW FINANCIAL QUESTIONS Difference Between Sales and
Marketing ENTREPRENEURSHIP (STARTING SELF BUSINESS) FACTORING FINANCE AND
ACCOUNTING INTERV IEW MATERIAL FINANCE MATERIAL...... IMPORT AND EXPORT NOTES.
INFLATION INFORMATION TECHNOLOGY (HOW USEFUL FOR THE BUSINESS) INFOSY S INTERV IEW
SAP FICO QUESTIONS INSURANCE INTERNATIONAL DERIV ATIV E MARKET INTERNATIONAL
FINANCE INV ENTORY PROJECT ISLAMIC BANKING AND INV ESTMENT POLICY Islamic Banking
Institute Address LETTER OF CREDIT OR DOCUMENTARY CONTROL MARKETING & SALES
STRATEGY . MARKETING MATERIAL MBA (MAJOR FINANCE SPECILIZATION) MUTUAL FUND
OPERATIONS MANAGEMENT ORACLE CO. FINANCIAL APPLICATION INTERV IEW QUESTIONS
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14. What is residual payment and part payment? 15. What is account group? 16.
Explain FI Organizational structure. 17. Why do we use group chart of account? 18.
What is tolerance group 19. What is GR/IR account? 20. Which dates are taken into
consideration while running a payment run? 21. What are the documents require for
Born in sale in relation to sales tax? 22. What is born in sale? 23. How is sub
ledger linked to GL? 24. How do you reverse cleared documents? 25. What is Country
and operational chart of account? 26. How due date of a document is calculated? 27.
What are the components of enterprise structure? 28. What is sub ledger? 29. What
does definition of a chart of account contains? 30. What is reversal posting? 31.
What is integration between FI and other modules? 32. What is activity type 33.
What is field status group? SET-3 1. Hi, Can any one tell me what we will do after
the marking and releasing of standard price in product costing. 2. Hi, I have run
the standard cost estimate for one product. Can any one tell me the planning steps
for 100 products.
aslamkhan.blog.com/2013/02/14/infosys-interview-sap-fico-questions/

ORACLE FINANCIAL APPLICATION (1 1 i) INTERV IEW QUESTIONS ORACLE FINANCIAL

APPLICATION (HOW IT USEFUL FOR THE ORGANISATION) ORACLE FINANCIAL APPLICATION 1 1 i
(NAV IGATION) PRIV ATE EQUITY – V ENTURE CAPITAL RECENT INTERV IEW QUESTIONS IN MNC
Research For Marketing Decisions SENSEX CALCULATION STRATEGIC MANAGEMENT
(STRATEGY ) Strategy for the Business. SUPPLY CHAIN MANAGEMENT OR LOGISTIC
MANAGEMENT TOPIC ON INV ESTMENT BANKING TOTAL QUALITY MANAGEMENT OR QUALITY CONTROL
Wipro SAP SD Interv iew Questions

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3. what is the difference between delivery and post goods issue? 4. what is
Composite key in table creation? what is the use? 5. what is the requirement column
contains in pricing table.Please explain with example. 6. with two sales
organization, two distribution channel and two division howmany sales areawe can
prepare. 7. what is document flow? and in which table document flow data wil be
store? its a recently asked question from wipro technologies. so pls guide me in
detail 8. You exit the payroll process after the successful payroll run. Later you
realize that you have done wrong calculation. How you will rectify that? 9. What is
Employee Attributes 10. What are the features of APP programming 11. i can give
default values in select-options also then what is use of INTIALIZATION event? 12.
we have created a organisational structure in a nonsap system and how we will
transfer this organisational structure to another non-sap systems. 13. What is the
T-code of transferring gl balances from one fiscal year to another fiscal year? 14.
Why should we create number ranges in FICO? 15. Can we create a search help for a
particular user ? if yes..How ? 16. What are the authorization objects which are
always present in user master record? 17. what is tickets? tel me any real time
tickets? 18. In production server how many clients are there? 19. what is the use
of search help exit? 20. How to write long-text in SAP scripts? EX: I want to write
text like below: * Terms and Conditions: 1>…. 2>…. 3>…. 21. what is the use of
system field ‘SY-LOOC’? when will we use it? SET-4 1. GIVE ME THE EXAMPLE OF
TICKET. 2. What is the different between withholding tax type and withholding tax
code? 3. Suppose I have one asset. I want to post depreciation for first 6 months 2
shifts and second 6 months 3 shifts. How do u configure this in asset accounting?
explain me? 4. what is app program how it works in real time 5. What is the t-code
to see the error message list in sap?
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INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

6. Is Profit Center is created before Cost Center in CO ? if yes, then why? 7. My

company has 2 mode of payment method. 1- is resudial method and 2. is partial
method. Now the scenario was I have to clear the customer, which haven’t made
payment within the specified time, in that case I have to charge interest on that
customer. Now, the question is that which mode of payment should I follow to clear
that customer.What will be the appropriate payment method inrespect of company
rules? and plz. give the reason. 8. What is the use of creating number ranges in
co? 9. What is activity rate? 10. while running depreciation(TC:- AFAB) for first
time (posting period 001) under test run system don’t show any error and no
document is pickup by the system. 11. what is the ‘o’ and ’9′ level dunning? can
any one please specify the names of each 9 dunning level? 12. In ECC 6 during APP
run for say vendor (1000) system is printing single check for few open items and
for few open items individual checks are printed. My client ways to print single
check for on vendor. 13. What is VERSION Management in SAP? 14. What is leading and
non-leading ledger in the new Gl configuration? 15. residual value key? 16. If we
have received a check from customer on 02 feb.10, deposited in bank on 3rd and
check cleared on 5th feb. what are the journal entries should be passed for all
three days? 17. What is Parallel Ledger? 18. What is born in sale? 19. how to
connect client server in sap &how solve ni tickets in sap fico 20. How to do
advance payment through APP? 21. What is the integration T.Code for PP and FI? What
steps and entries involved in integration between those two modules? 22. what is
unit testing?what are the structures in unit testing? 23. how to block the vendor
in APP area? 24. There is two company code with a common tax code. can it possible
to define diffrent g/l accounts with singal tax code…and the chart
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INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

of A/c is same for both company codes 25. What are the steps to follow for
customising Bank Charges?? 26. Is it possible to do Down Payments to vendors
through AUTOMATIC PAYMENT PROGRAM run, What are the steps required? 27. There is
two company code with a common tax code. can it possible to define diffrent g/l
accounts with singal tax code 28. How can I copy the G/L accounts from one company
code plz? 1) Within the same client 2) Without the same client Plz tell me step by
step, if possible? 29. How to Configure Parking document system in SAP. SET-5 1.
What is IBAN Number in SAP? What does it works? 2. how can we block, a particular
payment term for a particular vendor. 3. i run my app and i printed my check and
after that i find that i made a mistake of wrong payment to irrelated vendor…. now
wat can i do…. can i stop app… and can i stop payment and can i delete proposal and
payment in app???? and can i run new app towards new vendor….. 4. I have two
companies one is parent company & another sister company. Both companies have same
vendors & customers. Can I assign dunning procedure for both comapnies? 5. What is
internal number range? What advantages & risk? 6. We have a company with 4 branches
and one factory. How do you start configuring 7. Instead of using GR/IR clearing
account why cant we use provision for sundry creditors, if yes then why SAP using
GR/IR Clearing Account 8. can u explaine what is the purchase life cycle and with
entries? 9. 1.Payment advise form name in Asset Accounting
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INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

2.Extending GL accounts in Company Code(FS00) 3.Need of Posting date in APP

4.Declining Method in Asset Accounting 5.Importing GL accounts with same GL account
numbers. 6.In app we have two different Company Code with different Currencies. How
will you run 2 APP 7. Hard Currency 10. WHAT IS T CODES FOR INTERGRET FI TO MM AND
SD 11. what is the alternative g/l accounts? 12. what is the entry date ,document
date, posting date, value date, and next run date 13. Can we make Asset as a Cost
Element? What is rollout. for this what are the requirements.. how to do the
process…? 14. Dependent fiscal year & independent fiscal year 15. Difference
between controlling area currency & company code currency? 16. How a ticket (run
time problem) comes to a junior sap consultant (at support level)? In which server
he solves the ticket (run time problem)? 17. how to find particular G/L account
releate to Cost center. 18. How many currencies can be assigned to one company
code.what is the need of many currencies to one company code.how does it work.pls
give me one example also. 19. When we run the APP We will get the document,,that
document in which tabel its getting save. 20. Brief about g/r I/r clearing. Can’t v
avoid this a/c? Process? 21. what is the data associated while uploding data using
lsmw? 22. Disadvantages of Distribution in Controlling
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INFOSYS INTERVIEW SAP FICO QUESTIONS | Master of Business Adminstration.

23. What is field status group, what does it control?

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