SAP FICO- Level 2

Q1. What does it mean by Enterprise/Organization structure??

An enterprise structure is the structure that represents the enterprise in SAP ERP System. It is
subdivided in various organizational units. There are various levels in Organization Structure in
various SAP Modules.

Q2. Please explain the enterprise structure of SAP FICO

Enterprise Structure is the system representation of your business structure. As in company there
are level to operate the business same way in sap we have levels.

Client
(Company)
WIPRO

Credit Conrol Chart of Chart Of

Area Accounts depreciation

Company Company Company

Code 1 Code 2 Code 3
Wipro China Wipro India Wipro USA

Business
Area Segment

Accentuate Business Solutions Private Limited

Office No-436, JMD Megapolis Building.
Sohna Road, Sector-48, Gurugram-122018
PH: 0124-4089864
Q3. What is difference between company and company code?.
Company is Group company Whereas Company Code is organizational Unit.
Example- Infosys is a group company (Company) operating in many countries. Each subsidiary is
legal unit (company Code). Each company code or the subsidiary company has to provide the
balance sheet and p&L according to the country government. Whereas if the Infosys need to know
the progress of all the subsidiary company then we can consolidate the balance sheet at group of
chart account level i.e. Group Company level.

Q4. What are Fiscal year variant & the length of the FYV code?
Fiscal Year represent the Companies Financial year. FSV only defines number of periods and their
start and finish dates. FSV contains the posting periods and the special periods. Posting periods
are the working month in a year and the special periods are the month which are provided in SAP
for year end closing or correction purpose(max 4 special periods). There are three types of Fiscal
year –
1. Calender Year – Ex- Jan- Dec
2. Non- Calender Year- Ex. – April To March
3. Shortend Fiscal year- Ex.- jan- oct

Q5. Can we assign multiple company code to one fiscal year variant?
Yes we can assign multiple company codes to one fiscal year Variant.

Q6. What is the standard Fiscal year variant for April-March and Jan-Dec financial year?
V3 is April- March
K4 is Jan- Dec

Q7. What is open & close posting period variant & the length of the Open & Close posting
period variant?
Open & close posting period variant helps to open and close the posting periods in which
documents need to be posted. To prevent documents from being posted to an incorrect posting
period, you can close certain posting periods. Usually we open the current period and close the
other period for posting.
Legth of the variant is 4.

Q8. Can we assign multiple company code to one Open and close posting period variant?
Yes we can assign multiple company codes to one Open and close posting period variant

Q9. What are Field status group variant code and the length of it?
Field status group variant is assigned to G/L accounts. FSGV determines the screen layout for
document entry for g/l accounts. It can define the fields to be suppress, display, optional and
required.
Length of FSGV is 4.

Accentuate Business Solutions Private Limited

Office No-436, JMD Megapolis Building.
Sohna Road, Sector-48, Gurugram-122018
PH: 0124-4089864
Q10. Can we assign multiple company code to one field status group variant?

Yes we can assign multiple company code to one fsgv .

Q11. What types of field status group are there in SAP system?

 Suppress
 Optional
 Display
 Required

Q12. What are the areas from where we can control the field’s status of the documents?

 Posting Keys
 Field Status Group Variant
 Document Type

Q13. At what level tolerance can be defined in SAP FI module?

 Employee tolerances
 General ledger account tolerances
 Customer or vendor tolerances

Accentuate Business Solutions Private Limited

Office No-436, JMD Megapolis Building.
Sohna Road, Sector-48, Gurugram-122018
PH: 0124-4089864
Accentuate Business Solutions Private Limited
Office No-436, JMD Megapolis Building.
Sohna Road, Sector-48, Gurugram-122018
PH: 0124-4089864