Sap fico new gl interview questions and answers pdf

Posted on Monday, June 14, 2021 4:28:49 PM Posted by Amitee R. - 14.06.2021 and pdf, pdf 2 Comments

sap fico new gl interview questions and answers pdf

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It is the software that stores data, and also computes them and retrieves the result based on the current marketing scenario.

ECC 6.0 New GL Functionality and General Interview Questions and Answers

Since through our expertise great interviewers simply intend to ask any critical question during your interview, commonly questions begin with some fundamental concept of the subject and next they proceed based on the distant analysis and SAP FICO Training Videos. Financial accounting and regulating are essential business fields, building a framework for every additional business enterprise. Tracing benefits, outgo and cash flow enable administration experts to give significant preparation choices concerning destiny. What Are Fi Validation Rules? Answer : Validation rules configured via transaction OB28 enforce certain conditions when FI postings are made. Answer : There are two screens which have to be maintained for each new GL account.

Sap Fi GL is the general ledger accounts. The GL is the group of accounts that a business users open to have operations in financial sectors and finally to prepare the reports on monthly, quarterly basis. Each account is set of asset, liability, revenue, equity and expenses. One should have good knowledge on working on General ledger. Sap Fi GL offers many other certifications in various industries.

Sap Fi Gl Interview Questions & Answers

It is used to store the financial data of an organization. SAP FI helps to analyze the financial condition of a company in the market. SAP Financials accounting module enables you to manage financial accounting data within an international framework of multiple companies, currencies, and languages. A General Ledger contains all the transaction details of a company. It acts as primary record to maintain all accounting details.

8. 7) Which transaction code is used to create a customer master data? 9. 8) Which transaction is used in new general ledger account? 9).

SAP FICO Interview Questions

Tks very much for your post. Avoid surprises — interviews need preparation. Some questions come up time and time again — usually about you, your experience and the job itself. We've gathered together the most common questions so you can get your preparation off to a flying start.

It is the software that stores data, and also computes them and retrieves the result based on the current marketing scenario. In order to determine the transaction type which is entered in the line item, a two digit numerical is used known as Posting Key Posting key determines a Account Types b Types of posting. To generate financial statements like Profit and Loss statement, Balance sheets etc. You can have one Chart of Account for one company code which is assigned.

The FI standard functions and reports are available for all parallel ledgers. Many standard reports can evaluate the information from the user-defined fields. For each document, the system then creates a zero balance for the relevant entity, for example, for the segment. Furthermore, you can, for example, navigate from the financial statements report results or the profit and loss statement report results to the relevant CO report. As a result, users do not require any additional training.

Stock and Consumption accounts are instances of GL accounts that should be automatically posted to. An account group controls the data that needs to be entered at the time of creation of a master record. Account groups exists for the definition of a GL account, Vendor and Customer master.


  • SAP FICO is a software that takes in and computes the information that has been loaded, and in turn, offers the needed results in line with the marketing situation. Faustin M. - 20.06.2021 at 15:42
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