Interview Q&A

SAP FICO Interview Questions
What is Client and Company code relation...
Answers

The Client is the highest level in the SAP organizational structure. Anything specified for a Client applies to all Company Codes that are attached to that Client. Clients have a one-to-many relationship with Company Codes. Clients are generally not reported on with balance sheet and P&L’s, the company codes are the legal entities and serve for this purpose. However, clients can be reported on as part of consolidation or extended G/L.
Questions

Major organizational hierarchy elements

Answer

The hierarchy, from the highest organizational unit to the lowest, is the
Client,
Chart of Accounts (COA),
Company Code
and the optional Business Areas (BA).
Two other optional areas include the Dunning Area and the Credit Control Area
(CCA). Credit Control Areas come above the Company Code, and Dunning Areas come below the Company Code.
There is only one Client and its values are the same across all Company Codes that are attached to it. Every Company Code is a legal independent entity. Business Areas can be shared among Company Codes (many-to-many relationship) and they are used for internal reporting purposes. Each Company Code is assigned a COA. The COA may be the same for multiple Company Codes, but each Company Code may only use one COA.

Question
What is the correction and transport system? Who operates this system?

Answers
Transport request tcode se01,T-code STMS ,se09
------------------
The Correction and Transport System provides a method to move configuration and program code from system to system or Client to Client. It would be used to move customized data from a development system to a test system, and then to a production system.

The Correction and Transport System is usually operated by the System Administrator.
You have the option to search with - User range , request range & date range. There are other selection criteria too if you want Here you can find ANY request ( prod, testing, devlp) - whether released or modifiable.

you can see list of old trans requests tcode SE01
Workbench transport request se09
For customising transport request tcode se10


Questions
What is organizational structure?
Answers
Company code
controlling area
buiness area
functional area
Credit control area

Sap structure levels
Client level ---Chart of accounts,controlling area,business area,
One clint can have many company code, controlling area.

But one Company code can not have many client,or many controlling area,
company code level gl accounts,vendor,customers for master data
company code is legal entity... reporting to external auditors...income tax dept..

business area is uses for internal report



Question
Who is usually responsible for establishing the organizational structure on an implementation
Answers
FI/CO Team

Question : What are the tables that are configured under global settings?

Answers : Calendar, Units of Measure, Country Table, and Currency & Exchange Rate Table

Questions :-Cash Management is a sub-module of which module..?

Answers :Treasury module

Questions :Can depreciation be processed from Asset Accounting sub-module directly to the FI and CO Modules?

Answers : YES

Question:What are the two major areas within the SAP environment? Describe each.

Answers : Configuration - Maintenance of settings in the system to support customized business requirements of the client.
&
Application - On going processes required to record and report business activity

Questions: What are the two methods available for accessing the configuration functions in FI? Describe each.

Answers :Implementation Guide (IMG) - leads you through the steps required for configuration in an implementation.
Transaction codes - takes you directly to the first screen of a transaction without the use of the IMG or menu paths
Questions
What is in Account Management....?

Answers
Open Item Management
Line Item Display
Sort Key


Questions:What are the four configuration areas of the IMG? Describe each.

Anwers :
General Settings - non-application dependent specifications
Enterprise Structure - definition of organizational units and their relationships
Cross-applications component
Functional Areas (e.g., Financial Accounting, Sales and Distribution)
Question
What is the highest level of information in SAP? Where is this configured?

Answers
General Settings, which is configured in the IMG

Questions
What is simple accounts
Anwers
A sample account kind of template that can be used to create GL accounts is not actual account in GL.