Sap fico interview questions and answers pdf free download

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sap fico interview questions and answers pdf free download

Top 50 SAP FICO Interview Questions & Answers

SAP is divided into several posting period, in a typical fiscal year, with a definite start and end date and the same is defined specifically for each of these periods. Only when the posting periods are in place that's when in the system any document posting. Generally, there are 12 posting periods. Each posting period comprises of a month and a year. SAP permits the defining of a maximum of four more posting periods, which are referred to "Special Periods" , as these are utilized for year-end closing activities. All of this is made possible by dividing the last posting period into more than one, but a maximum of four, period.
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SAP FICO Interview Questions and Answers - Video 1 - Accounts Payable - MIRO, MIGO - GR/IR - PO

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.

FICO (Financial Accounting & Controlling) Interview Questions

Code 1 Co. Document type is nothing vouchers containing line items. Several business transac! It controls the document number ranges. It controls the Header part of document IT controls the line item level of the document Helps filing of physical document.

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. Tracing benefits, outgo and cash flow enable administration experts to give significant preparation choices concerning destiny. What Is Sap? What is Erp? Answer: ERP is a package with the techniques and concepts for the integrated management of the business as a whole, for effective utilization of administration sources, to increase the performance of an activity. Originally, ERP was targeted for construction manufacturers essentially for devising and executing core market similar to stock and financial business.

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

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. Good hands on knowledge on these concepts will put you ahead in interview. Every where, we can find job opportunities for this position.

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