Feb 08, 2008 at 04:19 AM | 570 Views

Hi Gurus,
1)How will we upload vendor open items and transaction data
2)Explain GR/IR automatic clearing during month end activities
3)Explain about automatic account determination
4)Explain about account assignment model
5)What is the use of sub bank a/c
6)If a co. have different branches in different states and have bank a/c in each state under SBI then should we create
one house bank or create house bank for each branch a/c
7)Difference between normal f-02 and enjoy fb50 transaction
8)In business areas will dr and cr should match in balance sheet
9)Retained earnings a/c transfer from P&L balances to B.S at period end closing what is T.code ? is it System
activity?
10)When a transaction is posted in foreign currency when displaying P&L & B/S how will be the balances will be
displayed / will it be displayed. If it should display in local currency then what are the settings required.
11)what do u know about interfaces, idocs?
12)FI Organizational structure.
Co.mpany, Company Code, Business Area, Chart of Accounts, Fiscal Year variant
Or
Client – company – chart of accounts – co.code – business area
which of the above is right
13)what is org. structure in controlling
CO organization structure is this right
Client -- operating concern – controlling area – company – company code.
14)what is business process? what are the 4 standard documents that we will prepare in business process.
15)tell some reasons why after billing an entry cannot occur in FI even the entry in SD gots posted.
16)when goods are received at the month end and invoice is still not received. in the month end P&L and balance
sheet report how we will show the goods received. what is the accounting entry as the invoice is still not received.
Here suppose auditors did not know about the temporary GR/IR account. How and what can we tell them about this
posting.
17)Balance sheet according to schedule 6 of companies act?
Thanks in advance

)How will we upload vendor open items and transaction data

Thru BDC - we have to clear 1 clearing a/c which will get offsetetd for evry line item of the vendor
2)Explain GR/IR automatic clearing during month end activities
This will knock off all debits ( Invoice receipts) against all credits ( GR)
3)Explain about automatic account determination
In SAP theer sre some postings which result in finding the accounts automatically. For ex: asset postings, we
configure the relevnat accounts ( APC, DEPN etc T.code AO90)
4)Explain about account assignment model
In AAM we craete a template with the acounts,cost objects etc which can be used during document postings by the
user)
5)What is the use of sub bank a/c
It is used as a clearing a/c which would more or less represent the bank ledger in our books whereas the main bank
a./c will be like our ledger in bank books.used in bRS.
6)If a co. have different branches in different states and have bank a/c in each state under SBI then should we create
one house bank or create house bank for each branch a/c
No 1 house bank with each branck as bank ccount.
7)Difference between normal f-02 and enjoy fb50 transaction
In F-02 we use posting keys for Dr and Cr, where in enjot Trn we use debit and credit.
8)In business areas will dr and cr should match in balance sheet
In ECC 6.0 idf doc split is active yes. In other cases not necessary, unles syou do some periodic adjustments.
9)Retained earnings a/c transfer from P&L balances to B.S at period end closing what is T.code ? is it System
activity?
Yes. FAGLGVTR
10)When a transaction is posted in foreign currency when displaying P&L & B/S how will be the balances will be
displayed / will it be displayed. If it should display in local currency then what are the settings required.
No addtnl settings required. every document will be displayed in co.code currency, for currency( doc currency) and
group currency.
11)what do u know about interfaces, idocs?
Pls go thru SAP HELP as this is huge topic.
12)FI Organizational structure.
Co.mpany, Company Code, Business Area, Chart of Accounts, Fiscal Year variant
Or
Client – company – chart of accounts – co.code – business area
which of the above is right
second is much closer than first.
13)what is org. structure in controlling
CO organization structure is this right
Client -- operating concern – controlling area – company – company code.
yes, though I dont think Company matters.
14)what is business process? what are the 4 standard documents that we will prepare in business process.
15)tell some reasons why after billing an entry cannot occur in FI even the entry in SD gots posted.
we need to release to accounting.
16)when goods are received at the month end and invoice is still not received. in the month end P&L and balance
sheet report how we will show the goods received. what is the accounting entry as the invoice is still not received.
Here suppose auditors did not know about the temporary GR/IR account. How and what can we tell them about this
posting.
we need to reclassufy the GR/IR postings.
17)Balance sheet according to schedule 6 of companies act?
Yes thru financial statement version.
Hope this helps.pls assi9gn points as way saying thanks.
Thanks,
Vamsi