SAP FICO Wipro Interview Questions

SAP FICO  – WIPRO INTERVIEW QUESTIONS

1. What is the significance of account group? 2. What is the importance of Posting Keys? 3. What is Chart to Accounts? And tell something about different chart of accounts. 4. Is it necessary to have operational chart of accounts even thought the group chart of accounts exits in case of cross company code transactions? 5. What is the purpose of Group chart of accounts? 6. Significance of country specific chart of accounts? 7. Where do you control the header data? 8. Configuration of APP? 9. Significance of available amounts in APP? 10. BRS settings 11. Dunning procedure 12. How do you you know to which customer you need to dunning while doing the dunning process 13. Will all the customers be dunned at a time or individually? What is the procedure? 14. What are special GL transactions and how do they differ from normal customer and vendor transactions? 15. Do we need to assign the special GL Reconciliation account to the customer master otherwise how the special GL transactions affect the normal reconciliation accounts? 16. How does the special GL balances are shown in the balance sheet? 17. Why do we give different posting keys for different transactions? 18. Sales Cycle in Integration corresponding accounting entries, and exactly at which point they will get affected? 19. Can we make postings to a vendor using the customer posting keys? If yes how? Or if no. Why? 20. Can we print a same check twice in a single payment run? 21. How many variants we can create at a time in APP? 22. Where do we give the variants in APP? 23. How can you restrict the check printing printing to a particular location and particular user in case of multiple branch setups? 24. Do we use same bank accounts in APP and BRS? 25. What is the relation between FI &CO and ho the accounting flow takes place? 26. Explain 2 business scenarios which do you feel have considerable significance and what kind of solutions did you offer while working on the projects? 2nd Technical Round: 1. About previous experience and duration. 2. Is it possible to give a depreciation key to multiple depreciation areas? 3. Can different currencies be given to different depreciation areas? 4. Is it possible to deal with customer receipts in APP? How do we do the configuration? 5. Why do we require parallel currencies currencies? ? 6. Is it possible to have USD currency for one company code and INR for another? 7. Do we give currency to chart of accounts? 8. If fiscal years are different for 2 different company codes with with USD and INR currencies respectively, how do you generate combined reports in USD currency?

SAP FICO  – WIPRO INTERVIEW QUESTIONS

9. Is it possible to have different currencies for GL accounts under one chart of accounts? If yes, what is the significance? 10. How many posting periods can be given? What is the purpose of special posting periods? 11. Does MM & SD have different posting periods i.e. different from FI? 12. How the opening & closing of periods is done for MM? 13. How the opening & closing of periods is done for FI? 14. How many interest types are available? 15. What is the need for balance interest calculation and maintenance of settings, in case a financier decides on interest rates and loan repayment due dates etc., all other issues, and we only need to pay the interest amount? 16. How many currencies can be given to a GL account? 17. Client architecture of your project? 18. How did you transfer data from development server to quality server? 19. What did you do in quality server? 20. What did you do in a production server? 21. Any critical scenarios in the production support? Explain 2 or 3 scenarios. 22. How did you login into the system and solved the tickets onsite? 23. Integration FI-MM & FI-SD full cycle and accounting entries?

Collected from Internet By: Pramila Nagaraj SAP FI Associate Certified Consultant Fresher SAP Certified Candidate of SourceOne Management Services Pvt. Ltd, Bangalore