Sap fico interview questions and answers pdf

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(PDF) 00 REAL TIME SAP FICO INTERVIEW QUESTIONS AND ANSWERS | mdanwar rahmani - heavenlybells.org

What is the difference between company and company code? A company is the organizational unit used in the legal consolidation module to roll up financial statements of several company codes. The Company Code is the smallest organizational! How many chart of accounts can be attached to a company code? One or more Operative Chart of Accounts can be assigned to a company code.
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SAP FICO Interview Questions and Answers - Video 1 - Accounts Payable - MIRO, MIGO - GR/IR - PO

It is very important as it handles all the financial transactions data. FICO data can be used to decide on the risk involved in giving the credit to the user. The credit score will decide if the credit can be extended or not.

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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. 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. There are three currencies that can be configured for a Company code, one is a local currency and two are the parallel currencies. Fiscal year in SAP is the way financial data is stored in the system.

Tagged MCQs on. Ans: A,B. SAP business object consists of. Ans: C. Maximum number of sessions a user can open when he logs.

All SAP FICO Interview Questions

To browse Academia. - 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 Learn SAP FICO Online. Financial accounting and regulating are essential business fields, building a framework for every additional business enterprise.

The main goal of this SAP fico interview questions are provide readers with a good knowledge base, to those new to SAP Finance Accounting and SAP controlling and to sharpen the skills to experienced consultants for job change. FICO module is the backbone of SAP which records, collects and process all the financial transactions of an organization on real time basis and provides the required details for internal and external reporting. What are the data will be copied to a new company code when you create a company code using copy as function? All the master data of company code will be copied to the new company code except transactional data. What is Retained earning account?

1 COMMENTS

  1. Maideswiwa says:

    In SAP FICO, SAP FI take cares about accounting, preparation of financial statements, tax computations etc, while SAP CO take cares of inter.

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