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.How do you know to which customer you need to dunning while doing the dunning process ?

11.Will all the customers be dunned at a time or individually? What is the procedure?

12.What are special GL transactions and how do they differ from normal customer and vendor
transactions?

13.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?

14.How does the special GL balances are shown in the balance sheet?

15.Why do we give different posting keys for different transactions?

16.Sales Cycle in Integration corresponding accounting entries, and exactly at which point they will get
affected?

17.Can we make postings to a vendor using the customer posting keys? If yes how? Or if no. Why?

18.Can we print a same check twice in a single payment run?

19.How many variants we can create at a time in APP?

20.Where do we give the variants in APP?

21.How can you restrict the check printing to a particular location and particular user in case of multiple
branch setups?

22.Do we use same bank accounts in APP and BRS?

23.What is the relation between FI &CO and how the accounting flow takes place?

24.Is it possible to give a depreciation key to multiple depreciation areas?

25.When we run the APP We will get the document, that document in which table its getting save.

26.How can you use the additional log in the AP payment program for troubleshooting?

27.How do you handle cash transactions or single purchase vendors?

28.How is debt collection or dunning handled using SAP?

29.When tickets are raised by end users who will give priority? After resolve the tickets who will close the
status?

30.In real time at a time how many normal periods, special periods, MM periods we can open?

31.What is client dependant & Independent?

32.How to transport configuration settings from one client to another client or production client, which
tools we can use for transport?

33.What is the difference between General GL A/c, Control A/c, Reconciliation A/c & Offsetting A/c?

34.What is the difference between withholding taxes and extended withholding taxes?

35.Definition of Spool and Output Requests.

36.Is it possible to have different currencies for GL accounts under one chart of accounts? If yes, what is the
significance?

37.How many posting periods can be given? What is the purpose of special posting periods?

38.Does MM & SD have different posting periods i.e. different from FI?

39.How the opening & closing of periods is done for MM?

40.How many interest types are available?

41.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?

42.How many currencies can be given to a GL account?

43.How did you transfer data from development server to quality server?

44.What did you do in quality server?

45.What did you do in a production server?

46.How did you login into the system and solved the tickets onsite?

47.Integration FI-MM & FI-SD full cycle and accounting entries?

48.What controls the Customer/Vendor master records field status?

49.What are all the segments in a Customer/Vendor master record?

50.What is residual payment and part payment?

51.How to calculate interest on customers, what is customization to be done to calculate interest on

customers.

52.How we can deliver the stock to Customer without invoice creation.

53.Explain the order creation of automatic payment programme in AR/AP

54.How you configure AR/AP reconciliation ledger.

55.Explain dunning procedure.

56.How do you customize a vendor account which is also happen to be a customer.

57.How do you configure sales discount and tax on sales/purchase.

58.How does Dunning Work?

60.When can interest be calculated?

61.Explain how payment terms work?

62.How can you enter cash against a customer?

63.Explain the aging process?

64.Provide me an overview of the order to cash process, from SD to receiving cash in AR?

65.What controls should be in place for Segregation of Duties?

66.How can I see how much a Vendor is owed?

67.Can different currencies be given to different depreciation areas?

68.Is it possible to deal with customer receipts in APP? How do we do the configuration?

69.Why do we require parallel currencies?

70.If fiscal years are different for 2 different company codes with USD and INR currencies respectively, how
do you generate combined reports in USD currency?

71.Tell me some of example of BPR.

72.Tell me some of the Tickets which you have faced (FI-SD) FI-MM).

73.How many normal and special periods can be there in a Fiscal Year? How do you open and close
periods? What is the use of special periods?

74.What do you mean by document type control? What entries do you make in company code global
settings?

75.What do you mean by chart of accounts? What is it used for? What are its important elements? How
many COA can be assigned?

76.What is GL Master Record? What are its various segments? How is the field status of GL master record
maintained?

77.What do you mean by Automatic a/c determination? What data do you need for it?

78.What is open line item management?

79.What is Evaluate option in APP?

80.Which dates are taken into consideration while running a payment run?

81.What are the documents require for Born in sale in relation to sales tax?

82.What is born in sale?

83.How is sub ledger linked to GL?

84.What does system landscape mean?

85.What are FI- specs?

86.How many versions of the implementation guides (IMGs) are available in SAP? What are they?

87.In SAP solutions, is it possible to have a self-defined transaction code?

88.Why does copying the COA allow only one FSV?

89.What information will not be copied to a new company code when you copy the company code?

90.Explain the relationship between the Sort key and the Assignment field?

91.Do substitution and validation work the same way when parking a document and posting a document?

92.What do you enter in company code global settings?

93.What is a business area? Can you assign it to a company?

94.What is the difference between a participating and nonparticipating currency?

95.What are the types of currencies?

96.Are any FI documents created during purchase order (PO) creation? If yes, what is the entry?

97.There are many banks in a house bank. If a payment is to be made from a particular bank G/L account,
how is it carried out?

98.What is the difference between Account Assignment Model (AAM), Recurring entries, and sample
documents?

99.What are internal and external number ranges? Why is it generally not a good idea to have external
numbering on transactions?
100.Why do you use special-purpose ledgers (SPLs)?

101.After entering a document, can you delete the entry? Can you change the document? Which fields
cannot be changed?

102.Why and when would you use business areas?

103.What is normal reversal and negative reversal?

104.What is a noted item?

105.What is the difference between withholding taxes and extended withholding taxes?

106.You have four house banks. The end user has to use the third bank (rank order) only for check
payments. Can you make payments through the third house bank? If so, how is it possible?

107.What factors differentiate one dunning level from another dunning level?

108.What is the maximum number of dunning levels that can be created?

109.What is a sub ledger? How is it linked to the G/L?

110.Suppose in 2011 I have depreciation key AB and in 2012 I have changed to depreciation key CD. In what
ways would my balances be affected, e.g., accumulated depreciation, assets, etc.?

111.How do you calculate depreciation retroactively from its acquisition date after changing the
depreciation key?

112.How do you process fixed asset depreciation?

113.What is an asset master? What does it control for sub asset masters?

114.How many depreciation areas can be defined for a company code?

115.What are the types of depreciation methods? What are depreciation areas?

116.What is acquisition and production cost (APC)?

117.How do you reverse depreciation posting?

118.Which activities should be done before the production startup?

119.What is periodic processing, and what is it used for in AA?

120.Define derived depreciation area?

121.What is the difference between the methods for distributing forecast depreciation to the posting
periods?

122.How many ways can you create the asset master record?

123.What is the difference between the COA and the COD?

124.What is integration between FI and other modules?

125.What is the different between withholding tax type and withholding tax code?

126.Suppose I have one asset. I want to post depreciation for first 6 months 2 shifts and second 6 months 3
shifts. How do u configure this in asset accounting? explain me?

127.My company has 2 mode of payment method. 1- is residual method and 2. is partial method. Now the
scenario was I have to clear the customer, which haven’t made payment within the specified time, in that
case I have to charge interest on that customer. Now, the question is that which mode of payment should I
follow to clear that customer. What will be the appropriate payment method inrespect of company rules?
and please, give the reason.

128.what is the ‘o’ and ’9' level dunning? can anyone please specify the names of each 9 dunning level?

129.In ECC 6 during APP run for say vendor (1000) system is printing single check for few open items and
for few open items individual checks are printed. My client ways to print single check for on vendor.

130.What is leading and non-leading ledger in the new Gl configuration?

131.Residual value key?

132.If we have received a check from customer on 02 feb.10, deposited in bank on 3rd and check cleared
on 5th Feb. what are the journal entries should be passed for all three days?

133.what is unit testing? what are the structures in unit testing?

134.How to block the vendor in APP area?

135.There is two company code with a common tax code. can it possible to define different g/l accounts
with single tax code…and the chart of A/c is same for both company codes.
136.What are the steps to follow for customizing Bank Charges?

137.Is it possible to do Down Payments to vendors through AUTOMATIC PAYMENT PROGRAM run, What
are the steps required?

138.There is two company code with a common tax code. can it possible to define different g/l accounts
with single tax code.

139.How can I copy the G/L accounts from one company code ,1) Within the same client 2) Without the
same client , tell me step by step, if possible?

140.What is IBAN Number in SAP? What does it works?

141.How can we block, a particular payment term for a particular vendor.

142.I have two companies one is parent company & another sister company. Both companies have same
Vendors & customers. Can I assign dunning procedure for both companies?

143.We have a company with 4 branches and one factory. How do you start configuring?

144.Instead of using GR/IR clearing account why can't we use provision for sundry creditors, if yes then why
SAP using GR/IR Clearing Account.

145.Payment advise form name in Asset Accounting?

146.In app we have two different Company Code with different Currencies. How will you run 2 APP ?

147.How many currencies can be assigned to one company code. what is the need of many currencies to
one company code. How does it work. please give me one example also.

148.what is the data associated while uploading data using lsmw?

149.I run my app and I printed my check and after that I find that I made a mistake of wrong payment to
related vendor now, what can I do can I stop app, And can I stop payment and can I delete proposal and
payment in app? And can I run new app towards new vendor ?

150.Can we make Asset as a Cost Element? What is rollout? For this what are the requirements. how to do
the process?

151.Tell me how did you configure the foreign currency?

152.Tell me about the Interface?

153.Can you do Payment for Customers? How? When we may have to do payment for customers in APP?

154.Can we do payment for vendors with two different payment methods at a time in APP? How?

155.Explain the Month end activities?

156.What is the Year End closing procedures?

157.What all GAPs u have found?

158.What is your landscape?

159.What is the use of Next Payment Date in APP?

160.What is ranking order in automatic payment program?

161.What are the support tickets given in SAP fico module? Please give some examples?

162.What type of tool you are used in your supporting project?

163.How is bank reconciliation handled in SAP?

164.What is the use of trading partner?

165.What is recovery indicator?

166.What is the tool you’re using in interfaces?

167.How do you configure electronic bank statement?

168.What is the retained earnings account?

169.What is work flow?

170.What are the gaps in your project?

171.How many types of projects in sap?

172.What is difference between business area and cost center? What is the difference between business
area and profit center?

173.What is the use of tolerance groups?

174.What is I.Doc?

175.What is the cenvat account?

176.What is base line date?

177.Did you know about CIN?

178.Con you explain about new gl concept?

179.In what tables stores the company & Co. code data?

180.Tell me in what table customer cleared item stored?

181.What is the difference between BRS and EBRS?

182.What file (format) you using?

183.What are the entries generated for cheques deposit and receive in EBRS ?

184.What is the porous of withholding tax?

185.What is document splitting? How its splits?

186.What are the documents types are available in sap?

187.What is the header part and what it controls?

188.Asset purchase through PO configuration steps and tell the accounting entries?

189.Tell me the AUC settlement process?

190.FI-SD integration accounting entries? Where is the 1st integration point? Account keys are in SD where
it is assigned?

191.If Cheque is void what u will do? How to assign sequential Cheque lot?

192.Where are FI, MM, and SD Integration Point?

193.How we can know Acquisition date for asset?

194.In current client Tcurr table updation daily base or monthly?

195.Back ground jobs?

196.What are all the month end activities? Realization phase activities ,Cutover activities what is the
sequence and Data take over accounting entries?

197.What level issues will you handle & priority time?

198.Given one scenario vendor is having 3 banks a/c’s how will map & how to make payment from
particular bank?

199.How to change the wrong recon account postings’?

200.New GL functionality? Document splitting purpose? Passive splitting give me an example?

201.I have a requirement to change COA’S is it possible? Then how?

202.10 company codes having difference COA‘s can I assign 1 cod?

203.What is noted item & real postings is it applicable Special G/L transactions for credit check?

204.Duplication of invoice processing configuration steps?

205.Support issues in AA, App & functional specification?

206.Tell me the P2P cycle what are all the accounting entries when the product delivery to the customer?

207.How many COA’S are using the client? What is the use of country specific COA’S? Tell me one scenario
where it is using? How the consolidation will happen?

208.Asset entries? Depreciation entry? Asset sale with customer & without entries and scrapping?

209.What is Use of availability amount field in bank determination?

210.In PO what is the use of a/c assignment category?

211.ASAP methodology phases?

212.Foreign currency valuation process and tell the entries diff b/w realized gain and unrealized gain ?

213.OIM? GL a/c wrongly created without selecting the OIM entries are posted to that G/L a/c how will
solve the issue ?

214.What rate has been changed will you make the rate change to the existing code are create a new code
? then how what is the effect on the open items?
215.What is process for period end activities in AP and AR.

216. What is process Interest calculation in G/L?

217.1 Company operating business in 10 countries how many company codes will you create?

218.Reclassify assets – Wrongly created asset class ? While doing reclassification of asset’s you are getting
an error what will you do?

219.What is the variant principle at what level it is created?

220.New GL document splitting structure ? Item categories ,business transaction ? Tell me the business
transaction for vendor?

221.Cut over activities, Data migration ,balance uploads entries?

222.How will you interact with master data team?

223.Customer recon a/c wrongly assigned ? How to handle the situation?

224.Document reversals and country specific requirements?

225.New g/l functionality LL –NLL , Document splitting with example, Zero balance clearing a/c ?

226.What is the correspondence types ? With new GL will u send Splitted line items are the normal line
items?

227.When the user doing postings he was not given the business area ? Is it possible to update the business
area for posted document what is the process?

228.Cut over activates ,vendor balances upload entry?

229.New GL functionality , direct postings to non-leading ledger?

230.Importance of variant principle/ Changes in the depreciation key what is the impact on asset
accounting?

231.Explain t.code ABS0 ? Unplanned depreciation use?

232.Derived depreciation & delta depreciation area difference?

233.Cash discount configuration ? Entry?

234.Define the functional area? Differentiate between business area and functional area?

235.Support process , SLA?

236.Tell me about your work process in support project? Which tool you are using ?

237.Co-FI reconciliation?

238.A/C entries of freight charges, asset scrapping, asset sale ,down payment made ,asset depreciation,
FCV and Document type?

239.Terms of payment ? Use of Day limit? How the top will derive at transaction level?

240.Tax’s on sales and purchases configuration steps?

241.In FBZP settings use of payment medium work bench ?

242.How to change the payment method after proposal created?

243.Support issues and transportation procedure?

244.Documents type for Batch input session?

245.Group asset ? Reporting?

246.Explain about VKOA settings?

247.FI-SD, What is subsequent debit?

248.Entry is hitting is domestic debtors instead of export debtors ?

249.Asset is hitting a different cost center ?

250.TDS Receivable is not showing in the customer master ?

251.Why Company called as Internal trading Partner ?

252.What is Difference between Navigation path and Transactions code ?

253.What is difference between Database Tables and Field Names ?

254.Why we need to assigned a Credit control area to company code?

255.What is difference between Social and Logical Enterprise structure?

256.What is Difference between no. range for local document and no, range for controlling document?

257.My scenario is I have two vendor invoices with 20000 and 30000.In my FBZP setting I have two bank
a/c with 1st ranking of 20000 and 2nd ranking with 50000 balances. when I run APP, I need my 1st ranking
bank to be debited for 1st invoice(20000rs) and 2nd invoice from my 2nd ranking bank?? How to run this
APP?

258.How we can configure posting period variant periodically different account types ?

259.Once a document number range has been deleted at what level the system will allow to delete the
document number ranges?

260.Why the G/L is called as Central ternate total accounting system ?

261.What is post with supplement?

262.What are mandatory fields for posting any financial accounts?

263.How does a system controls a document currency while creation a document?

264.What is difference between document type and Net document type?

265.What do you mean by exchange rate difference key?

266.What do you mean by house bank ? What is difference between Account ID and Bank Key?

267.Where we are maintain external sub number for sub asset master records?

268.How many Additional Currencies assigned to a Company code?

269.How many types of currencies will display for document?

270.Difference between Local Currency, Document currency, Accounting Currency?

271.What is Difference between Individual Reversal , Reversal of Reversal?

272.How does the asset class controls the asset master record?

273.What are valid receivers will be taken in a settlement profile?

274.What is Local document number range Intervals can you explain?

275.What are mandatory global parameters which need assign Company code to CO Area?
276.How can we exclude the mass vendors from APP?

277.At what level are the customer and vendor codes stored in SAP?

278.Which is the payment term which actually gets defaulted in transaction (accounting view or purchasing
view)?

279.Can we change the reconciliation account in the vendor master?

280.What is the impact on the old balance when the reconciliation account in the vendor master is
changed?

281.What is the use of only balance in local currency and document currency ?

282.There is an advance given by the customer which lies in a special GL account indicator A. Will this
advance amount be considered for credit check?

283.What is generally configured in the payment term as a default for baseline date?

284.What are the special steps and care to be taken in Fixed asset data migration into SAP system
especially when Profit center accounting is active?

285.How do you maintain multiple shift depreciation in asset master?

286.Let’s say you have changed the depreciation rates in one of the depreciation keys due to changes in
legal requirements. Does system automatically calculate the planned depreciation as per the new rate?

287.What are evaluation groups? What are group assets?

288.What are the steps to be taken into account during a depreciation run to ensure that the integration
with the general ledger works smoothly?

289.Is it possible to ensure that no capitalization be posted in the subsequent years?

290.Is it house bank mandatory to run the app?

291.Suppose company code currency is in INR and GL Account currency is in USD, can we post this GL
Account in INR Currency?

292.What is zero balance gl account in New gl concept?

293.In financial statement version, what is the hierarchies ?

294.How many retained earnings can we use in company code. Is there any impact on financial statement
by using more than one retained earnings account.

295.what is the use of balances in only local currencies and for which g/l accounts we use this concept ?

296.what is Difference between KDF and KDB Transaction key in FCV?

297.How to configure the Down payments in AP and how to map the down payments in APP ?

298.How do we pay partial payment through APP?

299.Is it possible to pay single invoice amount form different banks?

300.Can we change the base amount for tax in MIRO?

301.User wants to control the payment method by using the amount limit, is it possible in APP?

302.What is the use of Alternative payee account ?

303.Is it possible to change the Base value method in depreciation key after posting to depreciation in sap

304.How to change the asset from one asset class to another asset class ?

305.What is AUC and how to settle to Main asset ?

306.What is the accounting entry for asset sale to customer ?

307.What is capitalization date and ordinary depreciation date and how to control ?

308.Down payment date and Purchase date both are different, how system will pick the which date ?

309.What is revaluation of fixed assets in sap ?

310.What is depreciation key? Why its uses (Ur posting capital but not allows what is the reason? posting
done in 2012, now u got some discount, how can you post)

311.What is house bank why it is creating? Difference between Bank G/L a/c & house bank?

312.What is bank account key? In APP determine g/l a/c no with house bank a/c why does its happen?

313.Ur posting p&l a/c but posting not allowed its showing error why it is happen ?

314.If close posting period how can we make adjustment entry for the previous month..
315.Can we create GL account without Account group?

316.How can we make out who has run the APP..?

317.Can we copy previous payment run to the current?

318.What is the length of GL A/C why does it require. What reason client says particular no.?

319.How to reassign G/l a/c in AO90, already that g/l a/c having balance?

320. AA-A/R integration?

321.Can Valuation Level be changed from Plant to Co-code? Explain?

322. Explain importance of GR/IR clearing a/c?

323. Differentiate between Value date, Document date, posting date, entry date, translation date?

324. Why do we remove Recon a/c type for G/L in Cut-over strategies? elaborate?

325. What is the entry generated while transferring asset from one co-code to another co-code?

326. What is exceptional error? where it will come? how to resolve?

327. How do u define special purpose ledger?

328. How many ways can we create House bank?