SAP FICO Interview questions

SAP - FICO Interview Questions

    *
      What is a special GL transaction?
      
    *
      What is open line item management?
      
    *
      Where do you open and close periods?
      
    *
      What are the segments of GL master record?
      
    *
      What does document header control?
      
    *
      What is asset master?
      
    *
      What is the difference between the R/3 4.6version to R/3 4.7 version?
      
    *
      What is enterprise structure?
      
    *
      What data is required for automatic a/c determination
      
    *
      What is Evaluate option in APP?
      
    *
      What is the difference between profit center and business area?
      
    *
      What are financial versions?
      
    *
      What are all the settings you need to do before
      
    *
      What is residual payment and part payment?
      
    *
      What is account group?
      
    *
      Explain FI Organizational structure.
      
    *
      Why do we use group chart of account?
      
    *
      What is tolerance group?
      
    *
      What is GR/IR account?
      
    *
      Which dates are taken into consideration while running a payment run?
    *

      What are the documents require for Born in sale in relation to sales tax?
      
    *
      What is born in sale?
      
    *
      How is sub ledger linked to GL?
      
    *
      How do you reverse cleared documents?
      
    *
      What is Country and operational chart of account?
      
    *
      How due date of a document is calculated?
      
    *
      What are the components of enterprise structure?
      
    *
      What is sub ledger?
      
    *
      What does definition of a chart of account contains?
      
    *
      What is reversal posting?
      
    *
      What is integration between FI and other modules?
      
    *
      What is activity type?
      
    *
      What is field status group?
      
    *
      What does Field status group assigned to a GL master record controls?
      
    *
      How do you identify a document?
      
    *
      What is dunning?
      
    *
      What is High value sale?
      
    *
      What is the main control parameter for settlement?
      
    *
      What is base line date?
      
    *
      How do you control Document line item fields?
      
    *
      What is posting key?
      
    *
      What is automatic payment programmer?
      
    *
      What is the purpose of version?
      
    *
      What is dummy cost center?
      
    *
      What are depreciation areas?
      
    *
      What is accrual calculation?
      
    *
      Define Statistical Key Figure?
      
    *
      What are the disadvantages of Business Area?
      
    *
      Explain about Consolidation?
      
    *
      What is asset class?