SAP FICO

Integration of FI MM SD PP What is integration between FI and other modules? In SAP FI Integration with other modules means how the syste...

Asset Accounting What is asset master? Asset Master contains details of asset as follows: 1. Asset No. 2. Asset Sub No. 3. Asset Descript...

Questions & answers Automatic payment program What is automatic payment programmer? What are all the steps to configure it? APP is us...

What is base line date? Why is that used? Can this be changed? Base line date is date from which terms of payment apply, by default base ...

What is tolerance group? Tolerance Groups are acceptable, permissible differences, and authorization given to the user of the organization ...

Tell about standard document types. Standard document types DR - customer invoice DZ - Customer Payment KR - Vendor Invoice KZ - Vendor ...

SAP FICO Interview question on bank What is house bank, bank key? Operating bank of client is called House bank. It contains details abou...

                                                    What is sub ledger? How is it linked to GL? A sub ledger is used for tracking individu...

                                                    What are all the segments in a Customer/Vendor master record? Customer segment: 1) ...

                                                    What is open line item management? What do you mean by clearing open line items? Open...

                                                    How do you control field status of GL master records and from where do you control. F...

                                                      What is reconciliation account? can you directly enter documents in that a/c? The...

                                         What is account group and what does it control? Account group is a summary of accounts based on a...

What is chart of account and how many charts of accounts can be assigned to a company? The chart of Accounts is nothing but the list of g...

What is field status group, what does it control? Field Status Variant contains different field status groups. Field status groups control...

What is posting key and what does it control? Posting keys tell the nature of the transaction (Dr. or Cr).which sub group it belongs. The...

What do you enter in Company code Global settings? Go to Transaction code (OBY6) and see Chart of Account, Company, Fiscal year variant, ...

What is document type, and what does it control? Examples. In SAP system document types are used to classify the various document. To ret...

How many Normal and Special periods will be there in fiscal year, why do u use special periods? Every fiscal year having 12 normal period...

What is the difference between business area and profit center. Business area refers to branches assigned with consolidated business area ...

Tell me about SAP FICO Organizational structure. Operating Concern  Controlling area Company code Business units.