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?

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1.Using Field status, fields can be selected on surpress,required and optional mode?Is any other way to do the same? It can be done through transaction variants 2.In automatic payment program,after all the payments are done,can it be reversed? You can reverse the posted documents and reset the clearing / cancel cheques etc.

3.In year-end closing all the balances are transfered to next year, but accidently some enteries were left out,can they posted again? If the periods are not closed and you are still in the finalization stage, then the answer is yes. Otherwise it is not advisable to post, however you can. 4.Can Business area be assigned to Co.Code? You can assign business areas to plant/division, sales area but not to company code. 5.Depreciation area: Which depreciation will be updated in SAP:Companies Act or Income Tax-India? Depreciation gets posted to the book depreciation area 01 online - so it would update the Companies act relevant Depreciation. The Income tax depreciation area also can be posted periodically if you have defined a depreciation area as per Indian Income tax act. 6.If a check is cancelled, can the same number assigned to a new one? No

SAP FICO INTERVIEW QUESTIONS

SAP FICO Interview Questions 1) Differences between company code and company 2) business area and PCA 3) Retained earnings Account 4) Account group functionality 5) field status variant 6) fiscal year variant Vs posting period variant 7) withholding taxes 8) tax on sales and purchases 9) use tax 10) Vat 11) jurisdiction code

12) external number range and internal number range 13) FI organizational structure 14) CO organizational structure 15) FI tables 16) CO tables 17) CO-PA tables 18) APP configuration steps 19) APP run steps 20) Importance of base line date 21) importance of next posting date in APP run 22) Dunning configuration 23) Dunning run steps SAP FICO Interview Questions 24) check printing program 25) Void and reprint checks 26) pre numbered checks 27) House banks 28) if vendor is a customer 29) dunning area 30) dunning key 31) dunning block 32) payment block 33) Journal entries in SD integrations 34) Journal entries Billing and PGI 35) Journal entries in FI-MM integrations 36) Journal entries for goods issue, scraping and goods issued to production 37) valuation class 38) validations and substitutions 39) valuation area 40) valuation modification 41) general modification 42) Material master views 43) FS00 all tabs 44) Vendor and customer master creation( all tabs) 45) ASAP methodology SAP FICO Interview Questions 46) All five phases in ASAP methodology 47) testing process 48) documentation 49) functional specs 50) user exits 51) customer exits 52) enhancements 53) tables view 54) work bench request and customizing requests 55) SM35 and SE38 screens 56) DEV, testing and PRD clients

57) Tickets / messages 58) problems faced in implementation and support 59) client, cross client, transport of configuration 60) LSMW 61) BDC 62) Debugging a program 63) Special GL accounts, Special GL Transactions, Alternative GL accounts 64) Down payment Request, Down payments, 65) Noted items 66) Parking a document and holding a document 67) sample document and recurring document SAP FICO Interview Questions 68) BRS 69) Clearing accounts 70) Open item management 71) line item display 72) bank sub accounts 73) payment terms 74) controlling area 75) versions 76) link between FI and CO 77) assessment and distributions 78) allocation structure 79) what is cost center 80) what is a profit center 81) Profit center configuration steps 82) Report painter 83) Report 84) Report groups 85) Report library 86) Statistical and Real postings 87) Standard hierarchy and alternative hierarchy 88) Transferring data to SD to COPA configurations 89) CO-PA configuration all steps 90) Month end closing SAP FICO Interview Questions 91) year end closing 92) Go-Live activities 93) Lock Box concept 94) cross company code transactions 95) settlements in co 96) difference between cost centers and internal orders 97) Reconciliation Accounts 98) Extended With Holding Taxes configuration steps right from creation of WH Tax Types, Codes to Annual Return 99) What is chart of account and how many charts of accounts can be assigned to a company

100) What is residual payment and part payment 101) procurement cycle in MM 102) goods movement 103) What is GR/IR? What journal entries 104) Primary cost elements and secondary cost elements 105) How to configure FI and CO reconciliation account 106) Steps for electronic bank reconciliation statement 107) CO-PA Transfer of Incoming Sales Orders 108) Report Painter, How to reverse +/- signs 109) What is the relationship between Report Groups and the report groups

Transaction Codes (T-Codes) in SAP FI/CO 90

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By starworld

1. CHART OF ACCOUNTS 0BY7 = Copy chart of accounts. 2.FISCAL YEAR VARIANTS OB29=define fiscal year variants OBB0=define posting periods variants 3.COMPANY CODE CONFIGURATION OX02=company code creation OBY6=define company code global parameters EC01=copy company code OY01=define countries

OB22=define parallel currencies 4.BUSSINESS AREAS OX03=define business areas GGB0=define validations OB28=activate FI validations 5.FUNCTIONAL AREAS. OKBD=define functional areas. GGB1=define substitution GS01=create sets OBBZ=create functional area substitution 6.SALES AND USE TAX. OBBG=assign country to tax calculation procedure OBCO=specify structure for the jurisdriction code OBCP=define tax jurisdiction codes FTXP=define codes on tax and purchases OBCL=define tax code for non-taxable transactions GENERAL LEDGER 1. CHART OF ACCOUNTS. OBD4=define account groups. FSP3=chart of account display OB53=define retained earnings account OB15=define sample account rule types FSK2=define data transfer rules OB67=allocate company codes to rule types FSM1=create sample accounts FS01=create G/L accounts master records 2. COPYING AND TRANSPORTING G/L ACCOUNTS. OB49=transport chart of accounts OBY2=copy company codes OBC4=define field status groups 3.POSITION KEY CONFIGURATION. OB41=define position key configuration.

4. AUTOMATIC ACCOUNT DETERMINATION. FBKP=configure auto act determination OBY0=define tax accounts auto act assignement OBYA=define cross company code 5.FINANCIAL STATEMENT VERSION. OB58=define financial statement version 6.G/L DISPLAY CONFIGURATION. O7Z3=define line layouts OBVU=add special fields O7S7=define sort variants O7R1=define total variants 7.TOLERENCE GROUPS. OBAY=define tolerance groups OB57=allocate isers to tolerance groups 8.NUMBER RANGES AND DOCUMENT TYPES FBN1=define FI number ranges OBA7=define FI document types OBU1=define document types and posting keys O7E6=define fast entry screen ACCOUNTS PAYABLE A/P 1. HOUSE BANKS AND ACCOUNTS FI12=define house banks FCH1=define check lots FCHV=define void reason codes 2. PAYMENT PROGRAM CONFIGURATION FBZP=payment program configuration 3. VENDOR MASTER DATA OBD=3define vendor groups XKN1=create number ranges for vendor account groups OBAJ=assign number ranges to vendor groups FK15=copy vendor master records FK16=important vendor master records

ACCOUNTS RESIVEABLR A/R 1. TERMS OF PAYMENTS AND INTEREST CALCULATION OBB8=define terms of payments OB46=define interest calculation types OB82=make the interest indicator avail to interest run program OBAC=define reference interest rates OB81=assign reference interest rates to interest indicators OBV1=interest calculations account assignment 2. REASON CODES. OBBE=define reason codes OBCR=define reason codes conversion version OBCS=map external reason codes to internal reason codes 3. DEFAULT ACCOUNT ASSIGNMENT OBXL=assign G/L account to reason codes OBX1=cash discount accounts 4. OVERALL A/R AND EMPLOYEE TOLERENCES OBA3=define customer tolerance groups 5. CREDIT MANAGEMENT OB45=define credit control areas OB01=define credit risk categories OB02=define credit representative groups OB51=assign employee credit representitive groups OB39=define days in arrears calculation 6. CUSTOMER MASTER RECORDS. OBD2=define customer groups ACCOUNTS RESIVEABLR A/R 1. TERMS OF PAYMENTS AND INTEREST CALCULATION OBB8=define terms of payments OB46=define interest calculation types OB82=make the interest indicator avail to interest run program OBAC=define reference interest rates OB81=assign reference interest rates to interest indicators

OBV1=interest calculations account assignment 2. REASON CODES. OBBE=define reason codes OBCR=define reason codes conversion version OBCS=map external reason codes to internal reason codes 3. DEFAULT ACCOUNT ASSIGNMENT OBXL=assign G/L account to reason codes OBX1=cash discount accounts 4. OVERALL A/R AND EMPLOYEE TOLERENCES OBA3=define customer tolerance groups 5. CREDIT MANAGEMENT OB45=define credit control areas OB01=define credit risk categories OB02=define credit representative groups OB51=assign employee credit representitive groups OB39=define days in arrears calculation 6. CUSTOMER MASTER RECORDS. OBD2=define customer groups CONTROLLING ENTERPRISE STRUCTURE 1. CONTROLLING AREAS OX06=controlling area maintenance OKKP=activate relative CO components within Controlling area KANK=maintain number ranges 2. OPERATING CONCERNS KEP8=maintain operating concerns OKEQ=version configuration screen COST ELEMENT ACCOUNTIN 1. AUTOMATIC COST ELEMENT CREATION OKB2= automatic cost element creation OKB3= creation of the cost elements Creation batch run session SM35= execution of the cost element creation

batch input session 2. MANUAL COST ELEMENT CREATION KA06= seacondry cost element creation KA01= primary cost element creation 3. IMPUTED COSTS KSAZ= manual overhead costing sheet Creation for imputed cost calculation 4. RECONCILATION LEDGER KALA= activate the reconciliation ledger OKKP= assignment of the reconciliation Table to the controlling area OBYB= maintain the CO-FI automatic account Assignment configuration OK13= assignment to the reconciliation ledger Document number range COST CENTER ACCOUNTING 1. C.C.ACCOUNTING STANDARD HIERACHRY KSH2= C.C.A standard hierachry maint creation. 2. CO AREAS P.C.A MAINT. OKES= maint the PCA CO area settings OK59= creating the dummy profit center 3. COST CENTER BASICS OKA2= cost center category maint OKEG= maint of the time based fields KS01=creating/main the cost center M. records 4. ACTIVITY TYPES STATSTICAL KEY FIGURE KK01=creation / maint of statistical key figs KVA5= activity independent key figs KV06= creation of an allocation cost elements OKEI= time based field maint for activity types OKL01= creation maint of activity types 5. ASSESMENT DISTRIBUTION AND REPORTING

KCAV= maint of the allocation character for the sender /receiver KA06= creation/maint of the assessment cost element KSWI= creation of the cost center reporting KSV1= creation of the cost center distribution KSU1= creation of the cost center assessment 6. COST CENTER ACCOUNTING PLANNING KP97= copy planning for cost center accounting KPU1=creation of the plan revaluation KP65= creation of the cost planning layout KP34=planning profile creation OKB9=maint of the CO automatic account INTERNAL ORDER ACCOUNTING 1. ORDER SETTELEMENT CONFIGURATION KA01= primary cost element KA06= secondary cost elements OK06= settlement structure OKEV= origin source structure OK07= settlement profile SNUM= maintain number range assignment 2. ORDER PLANNING AND BUDGITING OKEQ= maintain CO versions OKOS= define planning profile for overall value planning OKOB= define budget profile OK14= maintain budget manager OPTK= define exempt cost element for availability control KANK= maint number range assignment OK11= maint number range for planning/ budgeting objects 3. INTERNAL ORDER STATUS MANAGEMENT KOT2= define order status management KOV2= define transaction groups OK02= define status profile

BS52= define authorization keys 4. ORDER TYPE DEVELOPMENT KOT2= define order types PROFITABILITY ANALYSIS 1. OPERATION CONCERN DEVELOPMENTS KEAO= maintain operation concerns 2. CHARACHTERISTIC DERICATION KE4K= maint derivation KE04= create derivation structure KE05= change derivation structure KE06= display derivation structure KES1=maintain CO-PA master data KE07= create derivation rules KE08= change derivation rules 3. ASSIGNING VALUES TO VALUE FIELDS KE41=assign condition types to value fields KE4M= assign SD quantity fields to value fields KE4W= reset value fields KEI1= define PA settlement structure KEU1= create CO-PA cost center assessment KEV2= change CO-PA cost center assessment 4. CO-PA PLANNING OKEQ= maintain plan versions KEF1= define planning revaluation KE14= create planning layouts KE15= change planning layouts KE16= display planning layouts KP34= define planning profiles KE4D= define external data transfer structure KE4Z= define assignment groups KE4E= define field assignment

KEN2= define plan number ranges 5. ACTIVITY CO-PA KEKK= assign controlling areas to operating concerns KEN1= define number ranges to actual postings 6. CO-PA REPORTING KER1= define report line structure KE34= create forms KE35= change forms KE36= display forms KE31= create CO-PA reports KE32= change CO-PA repots KE33= display CO-PA reports 7. CO-PA TRANSPORTS KE3I= create CO-PA transports PROFIT CENTER ACCOUNTING 1. BASIC SETTINGS AND MASTER DATA REVIEW OKE5= maintain controlling area setups 1KE1=analyze settings OKE4= update settings OKE7= maintain time based fields 2. ASSIGNEMENT IN PCA 1KEB= perform fast assignment OKEM= sales order sub creation OKEL= sales order dist sub creation 1KE4= PCA assignment monitor 3. ACTUAL POSTING MAINTAINANCE 1KEF= set control parameters for actual postings GCBX= define document types for actual postings OKB9= maintain default account assignment 3KEH= maintain add. Bal. sheet and P&L acts. 2KET= activate balance carry format for CO-PA

4. PCA PLANNING OKEQ= maintain controlling versions GCBA= define documents types for plan postings GS01= set maintenance for plan parameters creation GP41= create plan parameters for plan postings KE62= copy data to plan INVESTEMENT MANAGEMENT 1. PROGRAMS TYPES, INVESTEMENT MEASURES AND INVESTMENT PROFILE OIT3= define program types OITA= define investment profiles 2. I.M PLANNING AND BUDGETING PROFILES OIP1= define investment management plan profile OIB1= define IM budget profile OIT5= assign actual value to budget category OK11= define IM management plan profile