SAP FICO- Interview Asked Questions
INTERVIEW QUESTIONS- PART I
Finance
1) What is Client?
A) In Commercial, Organization and Technical terms, a self contained unit in an
r/3 system with separate master records and its own set of tables.
2) What is Company?
A) Smallest Organization unit of which individual financial statements are created
according to legal requirements.
3) What is Company Code?
A) Smallest Organization unit of external accounting for which set
Of accounts can be created.
4) What is Business Area?
A) It is an Organization unit that corresponds to a specific business segment or
area of responsibility in a company.
5) Profit center?
A) A Profit center accounting is main purpose is to provide the client with an
opportunity to analyze and report internal profitability for its organization.
6) What is Fiscal year Variant and what are its uses?
A) Variant defining the relationship between the calendar and fiscal year. The
fiscal year variant specifies the no. of periods and special periods in a fiscal
year and how the system is to determine the assigned posting periods.
7) What is the use of Posting Key?
A) Posting key Controls whether the line is debit or credit and it will be used to
post line items in a particular document. For Example
Accounts
GL posting
Vendor invoice
Customers
Assets
Dr
40
40
01
70
Cr
50
31
50
75
8) What is Document type?
A) Document Types controls the nature of Business Transactions whether it is
vendor invoice, payments, expenses, revenues etc.
9) What is posting periods?
A) Order to manage identical posting periods in several posting periods in
several company codes, maintain one posting variant.
10) What is posting period variant?
A) Posting period variant which controls posting periods, both normal and
special periods are open for each company code. The posting period is
independent of fiscal year variant.
11) What is Field Status Group Variant?
A) FSGV controls the additional account assignments and other fields that can be
posted at the line item level for GL a/c. FSGV can be control at three level
i.e.,1) In OBC4 (ch of a/c’s)- which controls the screen for a particular GL a/c
group, 2) Posting Keys- which controls the screen for a particular posting key
transaction is taken, & 3) Accounting Groups- which controls the screen for a
particular account group i.e., customer group or vendor group.
12) What is Chart of A/c’s and types of chart of a/c’s ?
A) All general ledger accounts grouped together is called ch of a/c’s.
There are 3 types of chart of accounts i.e., 1) Operational ch of a/c’s- used for
daily transaction purposes 2) Group Ch of A/c’s – It is used for company
consolidation purpose & 3) Country Specific Ch of A/c’s – Used for particular
country legal entity purpose.
13) What is Reconciliation account?
A) When u post items to a subsidiary ledger, the system automatically posts the
same data to the general ledger. Each subsidiary ledger has one or more
reconciliation a/c’s in general ledger, we cannot post directly.
14) What is special GL a/c?
A) The transaction other than AR & AP is called a special GL a/c . Example Bills of
exchange, Interest payables, bank bills, guarantees, & reserves for bad debts
etc.
15) What is the use of APP?
A) It is used to multiple vendors, it is also used for multiple company codes, but
it should be in the same country.
16) What is T-code for APP?
A) FBZP.
17) What are the steps in APP?
A) Select all company codes
Select paying company codes.
Payment method in country (incoming and outgoing payments)
Payment method in company code.
Define House bank.
Bank determination.
18) What are the fields in vendor master?
A)
General data – address, communications, Control data – customer, tax
codes, & Payment Transactions- bank details, alternative payee a/c.
Company code data – Reconciliation a/c etc.
19) What are the Main Organization in vendor master?
A) General data, Company code data, & Purchase Organization.
20) Why u is going to create multiple payment methods?
A) We Create on Client Requirement’s like if he wants to create c-bank,
electronic payment, bank transfer, & bills of exchange.
21) What are the Tabs in GL Master?
A) Type description, Control data, & Bank interest tab.
22) What is Open Item Management?
A) OIM allows u to display the open and cleared items and amounts in an
account. Example Salary clearing a/c, GR/IR clearing a/c.
23) What is Sort Key?
A) It is Used to display line item, examples are vendor no., customer no, value
date, & Asset no. etc.
24) What is Organization Structure of Asset Accounting?
A) Company Code, Chart of Depreciation , Number range assignment, Fiscal year
variant, Depreciation area for net worth tax, & Depreciation type for posting
depreciation.
25) What do you mean by Chart of Depreciation?
A)
Ch.of.Dep is used to manage where its legal requisition for depreciation and
valuations of assets. Normally Dep. Contains Dep.Area, Dep.Key.
26) Depreciation Area?
A) An area showing the valuation of fixed assets for a particular purpose (for ex.
Individual financial statement, Balance sheet for tax purposes etc).Example,
01  Book Depreciation, 02  Special tax Depreciation, & 03 Special
Depreciation Reserve.
27) Depreciation Key?
A) Key for calculating depreciation amount’s.T-code is AFAMA.
SDVM  Straight Down Value Method, WDVM  Written Down Value Method.
28) Account Determination?
A) The connection between the asset master records and the corresponding
account’s in the general ledger in FA’ing. This connection is created by the a/c
determination in asset class.
Path: SproFAAA Organization Structure Asset Class Specify a/c
Determination.
29) Asset Class?
A) The Asset Class is the main criterion for classifying assets according to legal
and management requirement. Every asset must assign to only one asset class.
T-code oaoa.
CONTROLLING
Controlling: Controlling provides you with information for management decisionmaking. If facilitates co-ordination, monitoring and optimization of all process in
an organization.
Features of Controlling: Cost Center Accounting, Activity Based Accounting,
Internal Orders, Product Costing, & Profitability Analysis.
Controlling Area: Organization unit that represents a closed system Used for
accounting purposes.
You can assign one or more company codes to one controlling area.
If u assign more than one company code to one controlling area, then u
need to note the following.
1) Consistent Chart of a/c’s( Treat each cost element in all company
codes in same way).
2) The Operative fiscal year variants in the company codes must match
the fiscal year variant in controlling area.
3) You should execute period end closing in controlling for all company
codes at same time.
4) The system only post reconciliation posting across company codes
without taxes, which means that it cannot automatically create invoice.
5) Maintain controlling area  okkp .
6) Maintain no. ranges for controlling documents  Kank
7) Maintain versions  OKEQ
COST ELEMENT ACCOUNTING
Cost Elements: Cost Elements Describe the origin of costs. Cost element classifies
the organization valuated consumption of production factors within a controlling
area.
Primary Cost Elements: These arise through the consumption of productions
factors that are sourced externally. Primary cost elements are used for direct posting
and must be accompanied in GL a/c’s in FI.
T-code  KA02.
The categories are follows 1) General primary cost element, 03 
Imputed cost element percentage method 4  Imputed cost element, target =
Actual Method, 11 Revenue elements, & 12  sales deductions.
Secondary Cost Elements: Cost elements arise through the consumption of
production factor’s that are provided internally i.e., by enterprise itself. Secondary
cost elements are used strictly for internal controlling posting like assessments and
settlements. T-code  kA06
Category: 12 internal settlements, 31 Result analyses, 41  overhead’s, 42
assessments etc. Cost Element Group  KAH1
COST CENTER’S
Cost Center’s: Organizational Unit within a controlling area that represents a
defined location of cost incurrence. The definition can be based on 1) Functional
Requirement, 2) Allocation criteria, 3) Physical location and 4) Responsibilities for
cost.
Change Cost center hierarchy  OKEON
Creation of Cost Center
 KS01
Distribution: Was created to transfer primary costs from a sender cost center to
receiving controlling objects. Distribution is primary cost elements.
Define Distribution  KSV1
Execute “”
 KSV5
Assessment: Was created to transfer primary and secondary costs from a sender
cost center to receiving controlling objects.
During assessment, the original cost elements are summarized into assessment cost
elements (secondary cost element, category=42).
Define Assessment  KSU1
Execute Assessment  KSU5
Activity Types: Categorizes productions and services activities provided by a cost
center to the organization and used for allocating costs for internal activities to the
originates of the costs.
Creation of Allocation Cost elements  KA06
Creating/Maintaining the Activity types  KL01
Statistical key figures: Are used as the basis (tracing factor) on which to make
allocations (assessments & distributions) and to analyze structural key figures.
INTERVIEW QUESTIONS- PART II
1. What is chart of accounts? Chart of accounts is a grouping of GL
accounts that used to post transaction from cross modules and FI
modules. These can be further used for reporting like Balance Sheet,
P&L, and Trial Balance etc...Chart of accounts are usually very specific
to an organization and you will not find the same chart of account
across two different companies. SAP does give you standard set of
accounts that can be used as template but it usually requires detail
discussion with accounts so a list can be finalized.
2. How many types of COA are there? There can be only one primary
chart of account per company code in SAP. You can have a different set
of chart of account that can be used for Group Account and one for
Alternative accounts. I will discuss in step 3 and 4
3. What is alternative chart of accounts? Alternative chart of
accounts is secondary grouping of account that is generally used for
statuary reporting. For example you might have a company chart of
account but due to statutory nature (for countries like Russia and China
to name a few, you have to report your account activity in an account
range that has been provided by the company stature. In this case you
have a primary chart of account as explained above and alternative chart
of account. Postings should always be made in the primary chart of
account and in the GL account setup these primary accounts should be
associated to alternative chart of accounts. This way updates can be
made to both primary and alternative chart simultaneously.
4. What is group COA? A group chart of account is way to group your
primary accounts. For example from an operation perspective you can have
several cash accounts but from a group reporting perspective you might
want to group all cash activity under one account. These are usually
used for Consolidation reporting.
5. How many segments are there in G L a/c what are they: ?
What is APC?
APC stands for Acquisition and Production costs. Acquisition means any asset which
you may acquire/ purchase externally. It includes invoice price and other related
exp. Associated with it like customs, octroi, freight which you add and arrive at total
cost of acquisition for capitalisation of the asset.For ex Say a computer. The total
cost which you incurr for the acquisition of the computer including installation will be
your APC
Production cost means any asset which is created internally within the organisation.
This is normally created by means of AUC and you go on adding cost to the AUC as
and when you incurr exp. for the same.For ex. say addition to the office building.
Therefore APC incudes any external acquisition or internal construction of exp. which
needs to be capitalised.
In OADB under 01 deprn area Acquisition & prod Cost tick is activated.
INTERVIEW QUESTIONS- PART III
1)Why we are using K4(Fiscal year variant)in controling area?why don't
use K1 for the same?
k4 means it may be using calader dependent fiscal year, you con't chage
it.
2)What is the Noted Items? Will the noted items get effected in Balance
Sheet?
noted items are request generated it will not effect your books at all.
3) What is Valvation Grouping Code ?
valuation grouping is the mateiral how it is tobe valued is depends on the
code
4)In Integration how do the values flow from Material master to the GL,s
in integration the MM part is integrated to FI Books, thrugh accouting
keys the fi books is updated
5) What is the meant by Account Determination?
accout detemination is where your account gets determinied or updated
6) What is the T/Code for Asset Master Uploading to SAP,through LSMW?
7) What is the importance of Recalculate value button in Asset
Accounting?
8. Tell us about the challenges you faced during a full life cycle
implementation (please number challenges with specific technical details)
9. Tell us about the challenges you faced during an upgrade project
(please number challenges with specific technical details)
10 Prove yourself a team player by giving any example of specific task
during an implementation that you resolved using your leadership\team
building skills (please describe the situation)
11. Give any example of any system enhancement that you proposed which
end up in implementation and helped the company after all (please propose
any real time system enhancement idea)
12. Give any example of any system enhancement that you proposed which
didn't get implemented (please propose any system enhancement idea)
INTERVIEW QUESTIONS- PART IV
1. Was there a project where you had to co-ordinate between different groups. If so
how did you resolve differences among team members and between groups .
2. Did you ever come across a very controversial piece of information
in your project (you were the only one to know it) and what did you do?
3. What was my approach when there was an issue like what steps were taken to
meet end client needs.
4. In past exp there was a confidential matter at client site and how
did you handle the situation as this was going to impact based on the
answers I present to client.
5. What did you do and was there was any conflict as a team lead how did you
prioritize tasks ?
6. Tell me about a time when you were faced with more to do than you felt you
could manage. What was it and what did you do?
7. Tell me about a recent situation in which you were responsible for
trying to solve a recurring or longstanding problem. What happened and what did
you do?
8. Tell me about a time when you were confronted by extremely tight
deadlines to get something done. What happened and what did you do?
9. Tell me about a situation when you had to present and discuss
potentially controversial information. What happened and what did you do?
10. Tell us about the challenges you faced during a full life cycle
implementation (please number challenges with specific technical
details)
11. Tell us about the challenges you faced during an upgrade project
(please number challenges with specific technical details)
12. Prove yourself a team player by giving any example of specific
task during an implementation that you resolved by your leadership\team building
skills (please describe the situation).
13. Give any example of any system enhancement that you proposed which didn't
get implemented (please propose any system enhancement idea)
14. Identify a project you are involved with, in which you had to
resolve some significant conflicts. Please explain the nature and origin
of conflicts, and how you resolved them.
15. Did you encounter any personality conflicts in the previous
projects and how did you deal with them?
16. Did you work in any project at a client place with teams from
multiple organizations with conflicting priorities? How did you deal with the
situation?
17. Did you get a chance to mentor any one? Talk about the experience.
18. What software development methodologies you are familiar with and how did
you use them in the most significant project you did?
19. Did you ever get to deliver bad news to some body, either to your
client, some one who worked for you etc. how did you handle it?
20. Did you face attrition in any project? How did you deal with it?
21. On lengthy and tedious projects how do you keep your
self-motivated and how do you keep your team members motivated?
22. Did you ever get to make a very critical decision? What is it and
how did you handle it? What are the things you consider before making a decision?
INTERVIEW QUESTIONS- PART V
FI
1) Tell me about FI Organisational structure.
2) How many Normal and Special periods will be there in fiscal year, why do u
use special periods.
3) Where do you open and close periods.
4) What do you enter in Company code Global settings?
5) What is document type, and what does it control..?
6) What is posting key and what does it control.
7) What is field status group, what does it control.
8) What is chart of account and how many chart of accounts can be assigned to
a company.
9) What does definition of a chart of account contains?
10) Can one COA be assigned to several companies..?
11) What is account group and what does it control.
12) What is reconciliation account, Can you directly enter documents in that a/c?
13) How do you control field status of GL master records and from where do you
control.
13) What are the segments of GL master record.
14) What does Field status group assigned to a GL master record controls..? (Ans
: Field status of document line items entered in that particular GL a/c.)
15) What is Country and operational chart of account..? Why do you use group
chart of account?
16) What are all the segments in a Customer/Vendor master record.
17) What is open line item management..? What do you mean by clearing open
line items..?
18) What is residual payment and part payment?
19) What is internal and external number ranges.
20) What controls the Customer/Vendor master records field status.
21) What is sub ledger.? How is it linked to GL?
22) What is house bank, bank key and bank id..?
23) Why do you use “Bank Type” in customer/vendor master records..?
24) How do you identify a document..? How many line items one document can
have..?
25) Tell me some examples of standard document types.
26) How do you control Document line item fields..?
27) Can one posting variant be used by several companies..?
28) What is tolerance group..?
29) If a document type is configured for Vendor and use that document type in
the line item you enter a posting key meant for customer, now what will happen
while document entry..?
30) What does document header control..?
31) After entering a document can you delete the entry..? Can you change the
document..? Which fields’ can/not be changed?
32)What is special GL transactions..?
32) What is normal and negative reversal posting..?
33) How do you reverse cleared documents?
34) What is base line date..? Why is that used.? Can this be changed..?
35) What is park document and held document..? Differences..?
36) Can you configure cash discount terms..?
37) What are the types of tolerance rules..? (Ans.:3, Employee, GL a/c,
Customer/Vendor)
38) What is automatic payment programme..? What are all the steps to configure
it..?
39) What are all the settings you need to do before running the automatic
payment?
40) What is dunning..? What is dunning level..? How many dunning levels can be
configured..?
50) Explain the steps of dunning configuration.
51) What is asset class.? What are depreciation areas..?
52) What is asset master..?
53) What is integration between FI and other modules..?
54) Hwy do you need to have integration with SD and MM modules..?
55) Tell me Journal entries passed in system from the time of good receipt to
payment)
56) What is GR/IR account..? Why do you maintain that..?
57) Tell me journal entries from the stage of procurement of raw-material till
production of finished good and sales.
58) Tell me the procedure of purchase (need to explain from Purchase requisition
till payment), and tell me when and what entries do you pass.?
59) What is business area..? Can you assign it to a company..?
60) What are financial versions..?
61) What is solution manager..?
62) What are the stages of SAP implementation..?
63) How due date of a document is calculated..?
CO
1) Tell me about CO organizational structure.
2) What is cost centre and profit centre..?
3) What is operating concern..? What is controlling area..?
4) What is standard hierarchy..?
5) What is a Statistical key figure..?
6) What are the allocation tools available in CO..?
7) What is the difference between Distribution and assessment..?
8) What is reposting..?
9) What is cycle and segments..?
10) What is drilldown reporting..?
11) What is product costing..?
12) What is cost element?
13) What is the difference between primary and secondary cost elements?
14) What is the internal order..? and types of internal order..?
15) Profitability analysis report is taken at what level..?
16) What is dummy profit centre..? And what is planning profile..?
17) What is accrual..?
Above are the some of questions asked to me when I was appearing for
interview. However prepare yourself thoroughly with the configuration steps and
logical functional reasons. I am also attaching below some questions put on
yahoo group (some of them with answers)
INTERVIEW QUESTIONS- PART VI
1) what is special purpose ledger?
2) Explain the importance of GR/IR clearing account.
3) What is the purpose of Activity type
4) what is specified by the cost element category?
5) what are the statistical key figures and what are they used for?
6) How are revenues dealt with cost cneter accounting?
7)what is accrual calculation?
8) what is the connection between activity type planning and price
calculation?
9) what is the purpose of version?
10) which posting methods are available in co?
11) what is the main control parameter for settlement?
12) What is dummy profitcenter?
13) what is the purpose of reconcillation a/c?
14) what is the process flow for check deposit?
15)Explain the asset classes.
16) what is the connection between costelements and G/L accounts?
17) Explain the terms segment and cycle?
INTERVIEW QUESTIONS- PART VII
(1) What is the function of Account Groups weather be in gl or ap or ar ?
(2) What is the fundamental behind Field Status Groups - where all
assigments - what for used - master data level assignments
(3) What configurations are reqd for Extended Withholding tx
(4) What aboutt the posting periods ?? what configs -- you need to explain
the screen?
(5) What config is w.r.t. the field status variant. If he is asking abt a
thing.. you wuld need to explain the full screen configs, assignments, usage
etc. of that.....
(6) Tax code configs and Account code assignments -- if you have done any
tax procedures configs : that is taxes on sales or purchases
(7) Tell me the structure of FI and CO in SAP : i.e. the enterprise struct
(8) MM entries -- flow At the time of GR, GI, INV. VERIFICATION and
Payments
(9) SD entries
(10) Tell me abt the automatic account assignmnets -- MM integration
(11) Tell me abt the Revenue account determination - SD intergration
(12) What types of cost element are there - purposes - some cost element
catetories in each type?
(13) What is the main integrating element between FI and CO -- cost
element
(14) Differnece between the functionalities of Account Group and field
status group
(15)*****What is the t-code for closing costing periods
CCA-- ENVIRONMENT -- okp1
(16) **** FI has to be closed first aand then only CO
(17) Chart of accounts config-- automatic creation of cost element?
(18) Financial Statement Versoin -- purpose etc.
(19) Number ranges --
(20) Automatic payment run -- full screen -- application menu - every
field
(21) Config for APP
(22) miro -- Logistics Invoice Verification --what for ers..
(23) Downpaymentsà both AP and AR
(24) Difference between Distribution and Assessment cycle... in CCA in CO?
(25) Internal Order Types if you put this
(26) Settlement of Internal Orders - Configs as to allocation structure,
settlement cost elements config etc.
-- dist passes the entries by cost element and hence looses the tracking
at the source
but assessment passes the entry w.r.t. the assessment cost ele
it dr and crs the same SCE and hence .... the oritianl value in the PCE is
stored
but the total vlaue becomes ZERO
(27) Business Area concepts and COMP CODE AND BA relations
(28) Functional areas -- cost of sales accounting
(29) **** RP/RW Ã allocated trail bal -- bUSINESS AREA WISE glt0
-- FI
for CO -- ccss
(30) **** Depreciation Keys
(31) asset master, chart of de
pn, asset clases, account determinations
(32) Credit mgt FD32 (SEE SEOM CONFIGS) (AND STUDY FD32)
(33) Periodic Processing -- FOR GL, AR, AP
(34) **** Recurring entrie à Account Assigment models etc.
(35) **** Structure of cost centes
(36) Accounts config -- cash discount taken account, lost account, forex
gain or loss accounts, allllllllllllll acounts
(37) **** Doc types
(38) Validations and Substitutes à Validations -- cash account <0
Substituesion -- if COST CENTER =1, PC -- ABCD
(39) Tolerance Groups -- AP or GL or AR
(40) Automatic clearin confius ********Global Settings, GL, AR, AP, some
CEA, CCA, IO
(41) ASAP Methodology - steps
(42) Importance of stage of project
(43) Transport Strategy à SE10
(44) What servers... How you transported.. how much team .How big
? how complex are the processes
(45) Tables .... Minimum Tables à BKPF, BSEG, BSIS, BSID, BSIK, BSID, BSAK,
BSAS, BSAS, GLT0, CCSS, CSKA, CSKB, ANLA, LFA1, LFB1, KNA1, KNB1, SKA1,
SKB1,
(46) How will you find a table à SE85, F1-F9, ST05 trace
(47) Data Transfer Procedures -- BDCS
(48) Go Live and Cutover plan
(49) Functionals Specifications.... and your role witih ABAPer à logic,
what tables, what should be input, what should be output , output format
(51) **** Reconciliatoin Ledger
ANSWERS
What is the function of Account Groups weather be in gl or ap or ar ?
a) Account group controls interval of accounts under group
Field status of company code view in gl master creation (fs00)
(2) What is the fundamental behind Field Status Groups - where all
assignments - what for used - master data level assignments
a) FSG is bundle of predefined requirements at the time of document
posting to particular account. FSG controls fields status of document
at the time of posting like suppress, require and optional
(3) What configurations are reqd for Extended Withholding tax
a) Wtax type, Wtax code, formulas for wtax calculation, assign wtax
types to company code, activate wtax, assign tax codes to wtax
accounts and wtax type & wtax code assign to vendor master.
(4) What about the posting periods ?? what configs -- you need to
explain the screen?
a) It controls periods of posting in which u want to enter
transactions . In that screen u give posting period variant , account
group for allow posting , account interval and period year u want to
allow for posting .
(5) What config is w.r.t. the field status variant. If he is asking
abt a thing.. you wuld need to explain the full screen configs,
assignments, usage etc. of that.....
A) FSV is bundle of field status groups. FSG is bundle of predefined
requirements at the time of document posting to particular account.
FSG controls fields status of document at the time of posting like
suppress, require and optional
(6) Tax code configs and Account code assignments -- if you have done
any tax procedures configs : that is taxes on sales or purchases
A) define procedures, assign procedure to country, define tax codes,
assign account for tax postings
(7) Tell me the structure of FI and CO in SAP : i.e. the enterprise struct
a) GLïƒ company codeïƒ controlling area
under GL chart of account, account groups and gl masters
sub ledger account both accounts payable and recivables
asset accounting
in CO controlling area , cost elements, cost centers , profit centers,
(8) MM entries -- flow At the time of GR, GI, INV. VERIFICATION and Payments
A) if GR stock a/c Dr
To gr/ir a/c
IR
gr/ir a/c Dr
To vendor a/c
Payment vendor a/c Dr
To bank a/c
invoice verify with
reference of purchase requisition,
Purchase order , goods receipt , invoice receipt , payment terms and
agreement between vendor and company.
(9) SD entries
A) customer a/c Dr
To stock a/c
Bank A/c Dr
To customer a/c
(10) Tell me abt the automatic account assignmnets -- MM integration
A) automatic account assignments on basis of valuation area ,
valuation modifier ,
Valuation class and valuation grouping code
(11) Tell me abt the Revenue account determination - SD intergration
A) Revenue account determination on the basis of application ,
condition type , sales org , chart of a/c , account assignment group
and accounting key.
(12) What types of cost element are there - purposes - some cost
element catetories in each type?
A) primary cost elements – cat 1,11 and 12
Secondary cost elements – cat 43 ,41 and 31
(13) What is the main integrating element between FI and CO -- cost element
A) primary cost element
(14) Differnece between the functionalities of Account Group and
field status group
A) Account group controls interval of accounts under group
Field status of company code
view in gl master creation (fs00)
FSG controls fields status of document at the time of posting
like suppress, require and optional
(15)*****What is the t-code for closing costing periods
CCA-- ENVIRONMENT -- okp1
(16) **** FI has to be closed first aand then only CO
(17) Chart of accounts config-- automatic creation of cost element?
Financial accountingïƒ general ledger accountingïƒ general
ledgerïƒ master recordsïƒ preparations ïƒ edit chart of account list
automatic creation of cost element- FS00 ( KA01)
(18) Financial Statement Versoin -- purpose etc.
A) for external reporting and fulfill country legal requirements
(19) Number ranges -- FBN1
(20) Automatic payment run -- full screen -- application menu - every field
A) parameters, proposal , edit proposal , payment run and print out.
(21) Config for APP
A) TCïƒ FBZP
(22) miro -- Logistics Invoice Verification --what for ers..
A) ersïƒ sales deductions
(23) Downpaymentsïƒ both AP and AR
A) special gl transactions transaction type -A
(24) Difference between Distribution and Assessment cycle... in CCA in CO?
A) both are allocation methods but distribution allocate only
primary cost elements and assessment does both primary and secondary
cost elements.
(25) Internal Order Types if you put this
A) investment orders, overhead orders, accrual orders and order with revenue
(26) Settlement of Internal Orders - Configs as to allocation
structure, settlement cost elements config etc.
-- dist passes the entries by cost element and hence looses the
tracking at the source
but assessment passes the entry w.r.t. the assessment cost ele
it dr and crs the same SCE and hence .... the oritianl value in the
PCE is stored
but the total vlaue becomes ZERO
(27) Business Area concepts and COMP CODE AND BA relations
A) Business Area used for segment level reporting .CO code for
external reporting but business area always independent .
(28) Functional areas -- cost of sales accounting
(29) **** RP/RW ïƒ allocated trail bal -- bUSINESS AREA WISE glt0
-- FI
for CO -- ccss
(30) **** Depreciation Keys
A) assign to asset master
(31) asset master, chart of depn, asset clases, account determinations
A) requirements for configure asset accounting
(32) Credit mgt FD32 (SEE SEOM CONFIGS) (AND STUDY FD32)
A)
manage credit limits of customers in a company code
(33) Periodic Processing -- FOR GL, AR, AP
(34) **** Recurring entrie ïƒ Account Assigment models etc.
(35) **** Structure of cost centes
a) description, person responsible, dept , std hierarchy,
functional area and profit center
(36) Accounts config -- cash discount taken account, lost account,
forex gain or loss accounts, allllllllllllll accounts
A) account receivable and payable ïƒ business transactionsïƒ out
going / in coming payments global settingsïƒ define accounts for cash
discount taken/ lost
(37) **** Doc types----- OBA7
(38) Validations and Substitutes ïƒ Validations -- cash account <0
Substituesion -- if COST CENTER =1, PC -- ABCD
(39) Tolerance Groups -- AP or GL or AR
(40) Automatic clearin confius ********Global Settings, GL, AR, AP,
some CEA, CCA, IO
(41) ASAP Methodology – steps
A) project preparation , blue print , realization , final
preparation and go&live
(42) Importance of stage of project
(43) Transport Strategy ïƒ SE10
(44) What servers... How you transported.. how much team .How big
? how complex are the processes
A) development , quality/testing and production servers
(45) Tables .... Minimum Tables ïƒ BKPF, BSEG, BSIS, BSID, BSIK, BSID,
BSAK, BSAS, BSAS, GLT0, CCSS, CSKA, CSKB, ANLA, LFA1, LFB1, KNA1,
KNB1, SKA1, SKB1,
(46) How will you find a table ïƒ SE85, F1-F9, ST05 trace
(47) Data Transfer Procedures -- BDCS ,CATT and LSMW
(48) Go Live and Cutover plan
(49) Functionals Specifications.... and your role witih ABAPer ïƒ
logic, what tables, what should be input, what should be output ,
output format
(51) **** Reconciliatoin Ledger
A) It reconcile data between fi and co. it require when u assign
more than one com[any code to one controlling area.
INTERVIEW QUESTIONS- PART VIII
1) What is the stage when we integrate MM & SD with FI?
A) When cross module postings incur
2
What other things (exclude the field status variant) make the
seating of Document layout?
A) POSTING KEY
3
what is the diff. Of Account Assignment Module & Sample
Document?
A) In AAM u can change all thing what we have enter but sample
document like template u can change amount only here.
4
What is Profit Center & Cost Center? If we want to implement
PC then cost center is required to maintain or we want to implement
CC accounting the Profit Center is required to maintain?
A) Profit center for internal reporting purpose and cost center for
where costs are incur. Yes cc is required for co-pc and co-pca is not
compulsory for co-cca.
5
What is hard currency?
A) Some currencies have high inflation effect in that countries they
use some other currency for calculation purpose. That other currency
we called hard currency for that country.
6
How you given the planning data in COPA module?
A) Through user menu in profitability analysis
7
what is the deprecation Area? Can a deprecation key assign to
multiple deprecation area?
A) Deprecation area is what type of dep we want to calculate like book
dep or special dep. yes a dep key assign to more than dep area.
8
How many deprecation keys in SAP?
A) number of dep keys we can maintain
10
What is the accounting entry at the time of delivery (PGI) &
out going billing?
A)
customer a/c Dr
To material stock a/c
11
what is the config steps for interest calculation?
A)
maintain interest calculation types, define reference interest
rates, define time dependent terms, enter interest values and prepare
gl balance interest calculations
13
what is the accounting entry of deprecation run in SAP?
A)
depreciation a/c Dr
To accumulated depreciation a/c
16
How a sale comes in P.A.?
A)
Value fields mapping with SD condition types
18
what the diff. In partial & residual payment?
A)
partial- it leaves the original invoice amount and creates new
line item for incoming amount.
Residual- it clears original invoice with incoming amount and
create new line item for remaining outstanding amount.
INTERVIEW QUESTIONS- PART IX
1.What is Dunning area where it will represent?
An organizational unit within a company code from which dunning is conducted.
The dunning procedure is controlled and the dunning notices are sent separately per
dunning area. A dunning area can represent the following:
Division
Distribution channel
Sales organization
Business area
Use
If different responsibilities or different dunning procedures exist within a company
code, you can set up corresponding dunning areas.
All dunning notices are made separately according to dunning areas , and if
necessary with different dunning procedures.
Dependencies
The dunning area must be noted in the line items. As long as documents are copied
from preliminary work areas (billing documents), the dunning area can be derived
from details such as division or sales area, if necessary.
2.When can we use Dunning area?
Dunning areas are used when several organizational units are responsible for
dunning within a company code (these organizational units are known as ‘dunning
areas’). The dunning area can represent a division, a distribution channel, a sales
organization, or a business area.
Q. What are the different steps that are configured in Dunning procedure?
A pre-defined procedure specifying how customers or vendors are dunned.
For each procedure, the user defines
Number of dunning levels
Dunning frequency
Amount limits
Texts for the dunning notices
Q. Define credit management and steps in configuration of credit management?
You can set a credit limit for your customers and control how much of the credit limit
is used or exceeded.
If you use the SAP R/3 component SAP LO-SD, the system usually prevents you from
creating further sales orders if the credit limit has been exceeded.
SAP LO-SD is not discussed in this document. If the credit limit has been exceeded,
the system outputs a warning message when an invoice is posted.
Steps
1. The company code is assigned to a credit control area.
2. set a credit limit manually or maintain the credit control area accordingly in
Customizing. Path:
Accounting  Financial Accounting  Accounts
Receivable  Credit Management  Master Data 
Change
FD32
In the Customer Credit Management Change: Initial Screen, enter the required data
and select
the Central Data checkbox.
Field
name
Description
R/O/C
User action and values
Comment
Customer
Credit control area
R
R
105
XDE1
Example
Choose Enter.
Enter the required data.
Field
Description
name
R/O/C
User action and values
Comment
Total amount
R
50,000
Example
Individual limit
R
50,000
Example
Currency
R
EUR
Save your entries.
Q. Procedure for cheque deposit?
Call up the transaction as follows:
Menu path
Accounting  Financial Accounting  Banks 
Incomings  Check Deposit  Manual Entry
Transaction code
FF68
In the Edit Check Deposit List screen, enter the required data.
Field name
User action and values
Comment
Company
XDE1
Code
House Bank DB
Account ID
GIRO
Group
BP01
You can enter a group name of your
choice. The name is used to differentiate
between check deposit lists. You can, for
example, enter you initials with a
sequential number if you want to create
several lists per day.
Transaction
CD01+
Transaction: Direct check deposit
Posting
Today
Date
Value Date
Today + 2 days
Currency
EUR
Pushbutton
Enter
You can also display this dialog box by choosing Settings  Specifications.
Field name
Int. Bank
Determin.
User action and values
Set flag
Start
Variant
Processing
BP01
4
Comment
If this flag is set, you can enter the house
bank ID and the account ID. If the flag is
not set, you have to enter the bank
number and the bank account number.
If you enter this processing type, you
Type
Transfer
Value Date
have to use transaction FEBA for further
processing.
Set flag
Choose Continue or
Enter
In the Edit Check Deposit List screen, enter the required data.
Field name
User action and values
Comment
1. Check
Amount
4,500
Check No.
1500001
Issuer
Schmitt und So
Bank Key
12345678
Reference
SZ00001
Doc No
2. Check
Amount
999
Check No.
1600002
Issuer
Holzmann KG
Bank Key
456789123
Reference
SZ00002
Doc No
Pushbutton
Save
The check deposit is included in the
system when you choose Save, but is not
yet posted. You can still change the check
deposit transaction or add new items.
Pushbutton
Post
The check deposit is posted online (in the
background).
Transaction CD01 is for ‘Direct check deposit’ and contains the posting logic for the
document to be posted. In this case, the document is posted:
From the bank subaccount 280008 to the customer, and the open item is cleared. In
this case bank subaccount is debited and customer account is credited.
Both of the checks received are posted on the debit side in the bank clearing
account. The totals posting on the account statement, however, is in credit.
Once you have posted the check deposit, the system displays the posting statistics.
These enable two FB02 postings have been carried out.
Result
The customers have been cleared and you have printed out a list to be deposited
with the check(s) at the bank.
Clearing Bank Subaccounts Manually
(Bank Clearing Accounts)
Use
Both of the checks received are posted on the debit side in the bank clearing
account. The totals posting on the account statement, however, is in credit.
Procedure
Call up the transaction as follows:
Menu path
Accounting  Financial Accounting  General Ledger
Transaction code
 Account  Clear
F-03
In the Clear G/L Account: Header Data screen, enter the required data.
Field name
User action and values
Comment
Account
280008
Bank 1 (checks received)
Company
XDE1
Code
Pushbutton
Process Open Items
Q. where credit control reports are available?
1. Call up the transaction as follows:
Menu path
Accounting  Financial Accounting  Accounts
Receivable  Credit Management  Credit Management
Info System  Overview
Transaction code
F.31
Q. Why do we run batch input processing in interest calculation or other process
In order to carry out the postings, go to batch input processing.
Q. What is the use of Spool in batch process running
Go to the spool administration to print out the letters.
Q. What are different fields that a customer master data screen contains under
correspondence?
Dunning procedure, dunning receiptent, last dunned, duncheck, dunning block,
dunning level, grouping key, Dunning areas, Legal Dunning procedure.
Q. Important screens in dunning procedure
Dunning levels
Dunning charges
Minimum amounts
Dunning texts
Special G/L indicators
Q. What a grouping key represents in setting dunning steps in customer master?
The grouping key represents a rule according to which the open items of the account
are to be grouped together for dunning notices.
You must define one field from the open items for each grouping key. All items which
have the same contents in this field are then grouped together in a single dunning
notice. With credit memos, ensure that the contents in this field match those in the
same field in the invoice; if this is not the case, the items will either be included in a
different dunning notice or will not be dunned at all.
Example:
If you install Financial Assets Management, you can define a rule which creates a
separate dunning notice for every rent object.
3.What is Company Code?
The company code is the smallest organizational unit in Financial Accounting for
which a complete self-contained set of accounts can be drawn up for the purposes of
external reporting.
4.What is Line Item and what it controls?
The part of a document containing information on a single item.
This information includes the:
Amount
Account number
Whether the item is a debit or credit
Additional information depending on the transaction to be posted
5. Define Sales area?
A combination of sales organization, distribution channel, and division.
6. What is division and division category?
Company-internal key for the division category that is predefined by the Utilities
Industry (IS-U) component.
One or more divisions are allocated to the division category.
For example, a utility company might divide the division category water into drinking
water and waste water.
Q. Define receivables and what are the subdivisions of receivables?
A claim for payment on the recipient of goods or services supplied.
Receivables are shown in the balance sheet under current assets.
subdivisions, such as receivables from goods and services and receivables from
consolidation companies.
Q.What is Accounting document what happens if a accouting document is posted?
The accounting documents record changes in values in a company code arising from
accounting transactions.
When posting an accounting document, the SAP system updates the transaction
figures in the accounts to which the document is posted.
An accounting document is a representation within the SAP System of the document
(for example, an invoice) that triggered the posting
Q. What is Screen variant Why it is used?Examples
In some cases screens with country-specific features are needed when entering
accounting documents.
You determine which screen variant is to be processed per company code.
ScrV 1 for Austria and Switerzerland
ScrV 2 France and countries with withholding tax
The screen variant which you specify for each company code addresses special
screens for documents for several specific functions. You determine the screen
variant dependent on the company code.
Example
In an Italian company code, for example, a screen with fields for withholding tax is
required when entering a vendor item. You therefore have to select a special screen
variant for Italian company codes.
Standard settings
A corresponding variant was selected for the standard company codes.
Activities
Check whether the required variants have been selected for your company codes.
Q.What is Screen variant and what are different types of screen variants
With a screen variant, you determine which fields are displayed and/or ready for
input during entry / fast entry.
SAP delivers different screen variants for the different business transactions.
Transactions in FI:
Program
Application
Number of
lines
Post document
Invoice/credit memo 2
Post document
G/L account items
2
Account statement
4
Check deposit trans.
3
External documents
2
Parked documents
2
Account assignment model
2
Payment advice notes
1
Q What is use of Workflow variant?
To group together several company codes. You must define the same local currency
for the company codes assigned to this workflow variant. This local currency must
correspond to the currency of the workflow variant.
Q. Define ?
A type of profit and loss statement that matches the sales revenues to the costs or
expenses involved in making the revenue (cost of sales).
The expenses are listed in functional areas such as:
Manufacturing
Management
Sales and distribution
Research and development
Cost of sales accounting displays how the costs were incurred. It represents the
economic outflow of resources.
Q. What is the use of maintaing functional area?
Functional central organizational unit for Cash Budget Management and Funds
Management.
Financial Management areas subdivide an organization into units in which you can
conduct independent cash budget management and independent funds management.
An FM area is an organizational unit which plans, controls and monitors funds and
commitment budgets
Q. Can a Company can have more than one company code
A company can consist of one or more company codes.
All company codes within a company must use the same transaction chart of
accounts and the same fiscal year breakdown. The company code currencies can be
different.
A company has one local currency in which its transaction figures are recorded
INTERVIEW QUESTIONS- PART X
How do I know which target cost version we are using?
To find out which version is used for your Target Cost, try this menu path
IMG Controlling - Product Cost Controlling - Cost Object Controlling - Product Cost
by Order - Period-end Closing - Variance Calculation - Define Target Cost Versions
(tcode OKV6).
How do you change the "Input tax code - Assets without input tax" value for a
company in Asset Accounting? Technically, how do you change field MWSKZVA field
in table T093C? TIA.
You can used transaction 'OBCL'.
Via customizing: Asset accounting - Integration with general ledger - Assign input
tax indicator for non-taxable acquisitions
Require GR & IV report
Is there any report on GR pending for IV?
You could try executing program RFWERE00, without postings.
This is the same program which is used for period end closing- regrouping of
GR/IR...but for only a report do not create postings.
or
May be transaction MB5S can help you out.
Retained Profit Account
After you run the GL balance carry forward, you only manage to know the balance
carry forward for the retained profit account but you don't how much is actually post
to the particular account. You have try almost all of the standard report but still can't
find any report that can show you the figure.
The balance carried forward is only a 'calculated' figure and not a 'posted' figure. The
break-up of the retained earnings figure is available when you run the balance
carried forward report.
You can also derive the balance by selecting only the P&L Accounts for the relevant
period. The net balance of these accounts should equal the retained earnings
account.
ACH payment configuration
Based on 4.0B. Is it possible to configure the system for ACH payments or do we
need to upgrade?
You can use RFFOUS_T to produce an ACH file. You may have to use user exits to
write header and trailer records. Please read documentation on this program and it is
self-explanatory.
Locking of Planning Data in Profit Center Accounting
How to lock planning data in profit center accounting.
In 4.6 b the transaction is S_ALR_87004395 - Maintain Versions you can lock
versions for each fiscal year
Changes in vendor master
Is there a report which shows changes in vendor master data.
Not only for one like MK04 or XK04 but for a range like all changes in vendors per
ccode.
(should be similar to customer master transdaction OV51)
You can used report "RFKABL00".
In the accounts payable reporting menu this program can be found via:
Accounts payable - Adequacy and documentation - Master data - Display of vendor
changes
(depending on your SAP version of course)
Bank Statement Upload
How to used the program RFEBKATX? This creates two files STATE.TXT and
ITEM.TXT.
How are these files imported into SAP?
Try using program RFEBKA00 to upload the two files.
- one is the header file containing the House bank & account information along with
the date and the statement number
- the other is the item details.
1. Whether any FI doccument will be created during PO(Purchase order)? If please
mention the entry also.
2. What factors differentiates from one dunning level and other dunning level?
3. APP There will be many banks in a house bank. If the payment should be maid
from particular bank GL account. Where it is need to configured.
4. What are various types of servers in SAP R/3
5. Can anybody explain me FI-MM integartion.pl explain in detail
i. movement types
ii. account class
iii. material types
6. Maximum no. of dunning levels are created?
7. In how many ways APP is configured
8. What is diff between AAM, Recurring entries, Sample doccument?
Find here with the answers for your questions
1.Whether any FI document will be created during PO(Purchase order)?If pl mention
the entry also?
Ans: There is no document that is created in FI side during PO. But in controlling
there can be a commitment posting to a Cost Center. The offsetting entry is posted
at the time of GR.
2.What factors differentiates from one dunning level and other dunning level
Ans: The most important thing that differentiates the dunning levels are the dunning
texts. The dunning text defines the urgency of the dunning notice. The other things
can be the dunning charges, minimum & maximum amounts etc.
3.APP
There will be many banks in a house bank. If the payment should be maid from
particular bank GL account. Where it is configured.
Ans: There can be several accounts in the same house bank. We should assign the
GL accounts exclusively at the time of creating the Bank master data and the bank
accounts. Accordingly we can do the bank determination in FBZP for the individual
banks and the corresponding sub accounts.
Tr code for Defining bank : FI12.
4.What are various types of servers in SAP R/3?
Ans: The Typical SAP landscape looks something like figure 1.4 below:
5.can anybody explain me FI-MM integartion.pl explain in detail
i. Movement types:
Classification key indicating the type of material movement (for example, goods
receipt, goods issue, physical stock transfer).
The movement type enables the system to find predefined posting rules determining
how the accounts of the financial accounting system (stock and consumption
accounts) are to be posted and how the stock fields in the material master record are
to be updated.
ii. Valuation class
Assignment of a material to a group of G/L accounts
Along with other factors, the valuation class determines the G/L accounts that are
updated as a result of a valuation-relevant transaction or event, such as a goods
movement.
The valuation class makes it possible to:
- Post the stock values of materials of the same material type to different G/L
accounts
- Post the stock values of materials of different material types to the same G/L
account
iii. Transaction/Event Key
Key allowing the user to differentiate between the various transactions and events
(such as physical inventory transactions and goods movements) that occur within
the field of inventory management.
The transaction/event type controls the filing/storage of documents and the
assignment of document numbers.
iv. Material Type
Groups together materials with the same basic attributes, for example, raw
materials, semifinished products, or finished products.
When creating a material master record, you must assign the material to a material
type. The material type you choose determines:
- Whether the material is intended for a specific purpose, for example, as a
configurable
material or process material
- Whether the material number can be assigned internally or externally
- The number range from which the material number is drawn
- Which screens appear and in what sequence
- Which user department data you may enter
- What procurement type the material has; that is, whether it is manufactured inhouse or
procured externally, or both
Together with the plant, the material type determines the material's inventory
management requirement, that is:
- Whether changes in quantity are updated in the material master record
- Whether changes in value are also updated in the stock accounts in financial
accounting
6.Maximum no. of dunning levels are created?
Ans: 9 levels maximum.
7.In how many ways APP is configured?
Tr Code: FBZP
8.What is diff between AAM,Recurring entries,Sample doccument?
Account Assignment Model: A reference for document entry that provides default
values for posting business transactions. An account assignment model can contain
any number of G/L account items and can be changed or supplemented at any time.
In contrast to sample documents, the G/L account items for account assignment
models may be incomplete.
Recurring Entries: A periodically recurring posting made by the recurring entry
program on the basis of recurring entry original documents. The procedure is
comparable with a standing order by which banks are authorized to debit rent
payments, payment contributions or loan repayments.
Sample Documents: Special type of reference document. Data from this document is
used to create default entries on the accounting document entry screen.
Unlike an accounting document, a sample document does not update
INTERVIEW QUESTIONS- PART XI
Part I Accounts Payable (AP)
Additional log
Q1- What is the additional log in the AP payment program and how can it be used for
troubleshooting?
A-The additional log is an important setting when performing a payment run. The
amount of information stored in the log can be selected. If there are any
errors with the payments run, due to either missing or incorrect master data
settings, negative balances due to credit memo’s etc, the system will report
these in the additional log.
Support position interviews often ask this question as a way of determining if you
know how to troubleshoot day-to-day Accounts Payable operations.
Master Data
Q2- How can you link customer and vendor master records and what is the purpose
of doing so?
A- On the customer master there is a field “vendor” and likewise on the vendor
master there is a field “customer”. By entering these master data numbers, a
link can be created between the AP/AR sub ledgers for use in the payment
program, dunning routine and the clearing of open items. For example in the
payment program, if a specific business partner is your vendor but also your
customer, linking their master records together will allow the open AR
invoices to be offset against the outstanding AP invoices.
Payment Terms
Q3- What are terms of payment and where are they stored?
A- Payment terms are created in configuration and determine the payment due
date for customer / vendor invoices. They are stored on the customer /
vendor master record and are pulled through onto the customer / vendor
invoice postings. The due date derived via the payment can be changed on
each individual invoice if required.
Baseline Date
Q4- What is meant by a “baseline date” in SAP AR and AP?
A- The baseline date is the date from which the payment terms (specific in IMG
transaction OBB) apply. Usually this is the document date on the invoice but
can also be the date of entry or posting date from the ledger.
One Time Vendor
Q5- What are one time vendors?
A- In certain industries (especially where there are a high volume of cash
transactions), it is not practical to create new master records for every vendor
trading partner. On-time vendors allow for a dummy vendor code to be used
on invoice entry and the information which is normally stored in the vendor
master (payment terms, address etc), is keyed on the invoice itself.
Q6-What factors should be considered when configuring an Accounts Payable Vendor
Group?
A- The following are determined by the creation of a new AP vendor group
(transaction OBD3)
. Whether the vendors in this group are one-time vendors i.e. no master record is
created but the address and payments details are entered against each invoice to
this vendor.
. Field status group – which fields on the vendor master are suppressed, optional
or mandatory when creating vendors belonging to this group.
Additionally the vendor number ranges defined in transaction XKN1 need to be
assigned to your vendor account groups in transaction OBAS. The decision needs to
be made whether to assign an external number range (where the user chooses the
master record number) or an internal number range (system assigned)
Payment Run
Q7-Name the standard stages of the SAP Payment Run.
A- The following steps are usually performed during the payment run.
. Entering of parameters (company codes, payment methods, vendor accounts etc)
. Proposal Scheduling – the system proposes list of invoices to be paid.
. Payment booking – the booking of the actual payments into the ledger.
. Printing of payment forms (cheques etc)
Variations on the above may be found in different SAP customer, but the interviewer
will be looking for the basis steps above.
Payment Methods
Q8- What is the purpose of payment methods and when are they stored?
A- Generally payment methods are one digit alphanumeric identifiers that
indicate the type of payments made to vendors or received from customers.
There are many standard delivered SAP entries for each country. The
payment methods are stored in the vendor / customer master record as well
on vendor / customer line items. (The default from master record can be
changed during manual postings)
Electronic Banking
Q9- Explain briefly how you can import electronic bank statements into SAP.
A- A text file is received from the bank which is then uploaded into the SAP
system. The file contains details of the company’s bank movements e.g.
cheques, bank interest, bank charges, cash receipts, etc. Depending on the
system configuration SAP will attempt to book these transactions
automatically to the correct accounts to avoid the need for manual entries by
SAP users.
Any postings which the system can not derive automatically can be booked
through “post-processing”
Part II Accounts Receivable (AR)
Residual Payments
Q10- In Accounts Receivable, what’s the difference between the ‘residual payment’
and ‘part payment’ methods of allocating cash?
A- These are the two methods for allocating partial payments from customers.
. As an example, lets say invoice A123 exists for $100 and a customer pays $60.
With partial payment, the $60 simply offsets the invoice leaving a remaining
balance of $40.
With residual payment, invoice A123 is cleared for the full value $100 and a new
invoice line item is booked for the remaining balance of $40.
Correspondence
Q11 – What are correspondence types in AR / AP?
A- Correspondence types are different outputs which can be printed and sent to your
business partners based around either customer vendor or GL information. Popular
correspondence types include customer statements, payment notices and line items
lists. Within the most common AP/AR functions (such as ‘Display vendor line items’
below there is the option to generate correspondence requests. At the end of the
working day these can be printed together as a batch and sent out.
Dunning
Q12- What is “dunning” in SAP?
A- Dunning is the process by which payment chasing letters are issued to
customers. SAP can determine which customers should receive the letters and
for which overdue items. Different letters can be printed in SAP depending on
how far over due the payment is; from a simple reminder to a legal letter.
The dunning level on the customer master indicates which letter has been
issued to the customer.
Reason Codes
Q13- What are “reason codes” used for in Accounts Receivable module and what are
the factors to be considered in their configuration?
A- Reason codes are tags which can be assigned to explain under / over
payments during the allocation of incoming customer payments. They should
not be confused with ‘void reason codes’ used when outgoing checks are
generated. During configuration the following are determined:
.Whether the items booked with these reason codes are to be flagged as
disputed items for the purpose of credit management (disputed items do not
increase a customer credit exposure)
.The type of correspondence (if any) to be generated for this reason code as a
result of the under / over payment.
.Whether a separate line item should be created to charge off the payment
differences to a separate G/L account.
Part III: Document Postings
Rate Factors
Q14- What are exchange rate “factors”?
A- Exchange Rate factors are the relationships between one currency and
another to which an exchange rate os applied. For example you may define
the Indonesia Rupiah to US $ factor as 10000:1 Combined with an exchange
rate of 0.95 this would equate to 9500 IDR to 1 USD
Parking Documents
Q15- What is document parking and why is it important when consideration internal
control procedures and “segregation of duties”?
A- Parking is a SAP term which means a posting (AP/AR/GL) can be temporarily
saved (possibly with incomplete information) without hitting the affected
ledger(s). A separate person can then release the posting to the ledger when
required. This is useful for example if junior staff are to initially enter the
invoices, before their supervisor checks it and books it to the ledger. Another
popular use is when entering GL journals with many hundreds of line items.
The document can be part saved allowing for completion at a later date.
Document Currency
Q16- Explain the document currency (WRBTR) and local currency fields (DMBTR)
when posting a document in SAP FI
A- On the document header, the currency key is entered. If this is different from
the entity currency (or local currency), an equivalent amount in local currency
is calculated automatically by the system and stored in the field “local
currency”. It is possible however to overwrite the system proposed value in
this field manulally. If the local amount is manullay over written, and the
difference between the implied exchange rate is sufficiently different to the
rate used by the system, a warning or error message is displayed (depending
on system configuration)
Substitution Rules
Q17- What are FI substitution rules?
A- Defined in configuration they are similar to the FI validation rules above.
Substitution rules allow field values to be replaced when certain pre-requisites
conditions are met.
Exchange Rate Types
Q18- What are exchange rate “types” in SAP?
A- Exchange rate types are how SAP categorizes the different sets of exchange
rates int eh R3 system. By default exchange rate type “M” is used for the
rates used to calculate local currency in the SAP system..
Calculated Rate vs Header Rate
Q19- During document posting, under what circumstances would SAP display the
following warning / error message” “Calculated rate deviates from document header
rate by x%”
A- This occurs when the exchange rate in the document header (either entered by
the user or derived from the exchange rate table) differs by a larger amount than
that specified as the maximum tolerance. (The message can changed to be either
error or a warning)
Foreign Currency
Q20- When entering foreign currency FI transactions describe the various ways in
which the exchange rate is derived by SAP
A- The exchange rate can be entered via either:. Directly on the document header
. Derived fromt eh exchange rate table (by leaving exchange rate blank)
. Indirectly, by entering the explicit local currency amount so the system is forced to
use a specific exchange rate.
FB50 vs FB01
Q21-What is the difference between the Enjoy SAP document entry screens (e.g.
FB50, FB60 etc) and the old general posting transaction (FB01)
A- The Enjoy SAP screens were created to expedite data entry for AP, AR, and
GL postings. In the old FB01 screen users were required to enter document
types and posting keys manually to determine the nature of the postings. In
the Enjoy SAP data entry screens these are defaulted via a configuration table
so the user just has to choose debit / credit and the system will default the
posting key. The document type is determined based on whether the entry is
a vendor / customer invoice / cedit memo or GL journal.
Validation Rules
Q22- What are FI validation rules?
A- Validation rules (configured via transaction code OB28) enforce certain
conditions when FI postings are made.
Validation rules comprise:
A pre requisite event that has to occur for the validation check to take place.
The check itself
The output message that is to be displayed (you can choose between a warning or
error message)
For example you may wish to ensure that users only enter GL journals with
document type ‘SA’ for a special GL account 88510005 in company code A100. Your
pre requisite would be if the GL account = 88510005 in company code = A100. The
check would be that the document type = SA and in the event of an incorrect entry
the message could be “Error – only document type SA allowed” You can enrich
validation routines using ABAP code.
Internal Number Assignment
Q23- Explain the terms internal number assignment” and “external number
assignment” and the difference between them? Why is it generally not a good idea to
have external numbering on transactions?
A- “Internal” numbering means R3 system assigns the next available sequential
number to the master data object or transaction posting. “External” means
the user has to manually enter the number during the creation of the master
record or the posting of the document.
Entering the document number manually on each SAP financial posting is a time
consuming effort and causes a risk to those transactions booked via interfaces.
Often organizations want to do this to match source or legacy systems data with
R3. However there are plenty of text and reference fields available to store this
information without requiring external numbering.
Part IV General Ledger
Transporting Tax Codes
Q24- Explain the procedure for transporting tax codes and their associated rates
between SAP systems.
A- Rather than simply attaching tax codes to a transport as per any other SAP
configuration, a unique import / export routine needs to be followed which
imports the settings into your productive SAP system. The export routine can
be found under within IMG transaction FTXP via transport tax
codeexport/import
The tax codes themselves have to be manually created in the target system. You
leave the tax rates blank (your basis colleagues will have to ensure your production
system is open for configuration) and run the import routine. Note that the tax
accounts have to maintained manually in production also.
This is a common interview question which can be quickly used to test those with
previous FI/CO experience.
GR/ IR clearing
Q25- Explain what is meant by GR/IR clearing?
A- Goods receipts fromt eh MM module typically generate entries such as
- Debit Stock, Credit GR/IR clearing
This indicates an increase in stock and a pending entry to be cleared once the invoice
from the vendor arrives. At month end there will be a need to accrue those
purchases received but not yet invoiced hence the reason for the account named
‘Good Received / Invoice Received’ Typically the balance on this account at month
end indicates the value of goods received but not invoiced. Once the invoice is
received th corresponding entry is booked.
- Credit Vendor, Debit GR/IR
These opposite entries to the GR/IR need to be cleared against each other. (This
account is managed on an open itme basis) Using th F.19 transaction this can be
done automatically by using the PO and line itmen numbered stored in the
assignment field.
Account Type Field
Q26- Explain the purpose of the account type field in the GL master record
A- At year enf P&L accounts are cleared down to the retained earnings balance
sheet account. This field contains an indicator which is linked (in the IMG
transaction OB53) to the specific GL account use in this clear down.
Alternative Account
Q27- What is the alternative account field used for in the GL master record?
A- Another very popular interview question. This field can be used to store the
old legacy system’s account number against the new number in SAP
A standard search help exists which will allow users to search for the SAP
account based on the old legacy account number. This is particularly used for
the new SAP users who are still getting used to the new chart of accounts.
GL Views
Q28- What is the difference between the chart of account view and company code
view when maintaining a GL account?
A- There are two screens which have to be maintained for each new GL account.
The first is at ‘chart of account’ level (transcation FSP0) and contains the
information used by all company codes using this chart of accounts such as
description, group account number etc.
Each company code using this chart will then add its own company code view
(via transaction code FSSO) which contains localized data specific to that
entity e.g. field status group, alternative account number etc.
The chart of accounts screen must be maintained before the local company
code screens.
Sort Key
Q29- What is a sort key and what is it used for?
A- Sort keys are stored in customer, vendor and GL master records. They
determine what value is populated in the assignment field in the document
line items posted. There are several standard entries in pre-delivered SAP
system and additional entries can be configured if required. A ver common
use for sort key O14 Purchase Order number for example, is to allow the
GR/IR clearing GL account to be cleared automatically. For FI/CO jobs in
logistics environment this is a common question.
Fiscal Year Variant
Q30Special Periods
Q31- What are special periods 13,14,15,16 and what are they used for?
A- When you define the fiscal year variant you can choose to define additional
special periods. These can be used for example for the posting of year end
adjustments, auditors, adjustments etc. Periods 1-12 can be closed and
periods 13-16 left open during year end closing.
GL Status Groups
Q32-What are GL field status groups and where are they used?
A- Field status groups are defined in configuration and are used to determine
which fields are available for posting when entries are booked against GL
accounts. Each field can be set as optional, mandatory, or suppressed.
Recurring Entries
Q33- What are the recurring entries and wy are they used?
A- Recurring entries (setup in FBD1) can eliminate the need for the manual
posting of accounting documents which do not change from month to month.
For example, a regular rental expense document can be created which can be
scheduled for the last day of each month. Usually multiple recurring entries
are created together and then processed as a batch at month end using
transaction F.14
Currency Revaluation
Q34- Explain how foreign currency revaluation works in SAP R3 FI
A- Over time the local currency equivalent of foreign currency amounts will
fluctuate according to exchange rate movements. Usually at month end, there
is a requirement to restate these amounts using the prevailing month end
exchange rates. SAP can revalue foreign currency GL account balances as well
as outstanding customer and vendor open item balances. In SAP
configuration, you define the balance sheet adjustment account and which
accounts the realized gain/loss should be booked. A batch input session is
created to automatically post the required adjustments.
Account Clearing
Q35- During GL clearing how can small differences be dealt with?
A- During configuration a tolerance limit is set which defines the maximum
differences allowed during clearing. The differences can be automatically
booked by the system to a specific account during posting (using IMG
transaction OBXZ)
Part V Controlling (CO)
Disposing Assets
Q36
Account Assignment Models
Q37
CO-PCA
Q38
Value Field
Q39
Characteristic Field
Q40
COPA Basis
Q41- What is the difference between “costing base” (CB) and “account based” (AB)
CO-PA?
A- This is an incredibly popular question for any positions with a COPA
component. The interviewer will be looking for some of the following:
 AB can easily be reconciled with FI at account level through the use is cost
elements. CB can only be reconciled at account group level (such as
revenues, sales deductions etc) as values are stored in “value fields” as
opposed to accounts.
 In CB data is stored by posting periods and weeks.
 In AB storage is only by periods.

In CB transactions can be stored in operating concern currency and
company code currency. In AB transaction are stored in controlling area
currency, company code currency and transaction currency.
 In CB you can create cross controlling are evaluations or cross controlling
area plans. In AB you can not as the chart of accounts may differ.
 In CB the cost of good sales (COGS) are updates via material price
valuations. Stock change values can be transferred to CB COPA during
billing. Timing difference can occur if the goods issue and billing
documents are in different posting periods. In AB the value posted in the
stock change is posted simultaneously to COPA.
Operating Concern
Q42Internal Orders
Q43Settlement Receivers
Q44- Name some settlement receiver for CO Internal Orders
A- Typically CO internal Order settled to :*Other internal orders
*Fixed assets (including assets under constructions)
*GL Accounts
*Cost Centers
Performance Issues
Q45- What are the performances issue to be in mind when configuring Profitability
analysis (COPA)?
A- Sometimes COPA reporting performance eis severely affected by poor initial
setup. Anyone involved in a full COPA project lifecycle in a retail or
manufacturing environment will have come across such issues hence the
reason the interviewer is asking the question. The most important thing.
Internal Order Controls
Q46Assessment vs Distribution
Q47
Reconciliation Ledger
Q48
Freeze Data
Q49- Explain how using th “freeze data” option in COPA can speed up reporting
performance.
A- Often companies that use COPA have extremely large volumes of data and
reports can tak several minutes, even hours, to run Thi option can be selected
and the report run overnight. This way re-running the report online during the
working data will see huge performance benefits as the system simply has to
display stored and not recalculate it “on-the-fly”
Questions regarding performance issues in COPA are common. You may be
asked how summarization levels can increase reporting speed or alternatively
asked to explain how you’ve minimized number of characteristics with the
same aim.
Statistical Key Figures
Q50- What are statistical ket figures in CO?
A- SKF’s are statistical (or information values) used in cost allocations such as
assessments and distributions. For example, we may have an SKF for ‘head
count per department’ When utility costs are allocated across various
departments we could perform the percentage allocation based on the ‘head
count’ SKF.
Part VI Fixed Assets (FA)
Fixed asset reconciliation
Q51
Acquisition Costs
Q52
Sub Assets
Q53
Asset Under Construction
Q54
Evaluation Groups
Q55
Fixed Asset Depreciation
Q56
Smoothing and Catchup
Q57
Part VI Org Structure & Module Integration
FI Global Settings
Q58
Financial Statement
Q59
New Company Code
Q60
Chart of Accounts
Q61
What is stored in T001
Q62
Company Code
Q63
SD and AR
Q64MM and AP
Q65Batch Input
Q66
Commitment Line Items
Q67
Special Purpose Ledger
Q68
Using Special Purpose Ledger
Q69- What is the special purpose ledger and what would be some reasons for using
it?
A- The SPL is a user defined ledger which can be built to support reporting
requirements which can not normally be met through the usual SAP modules.
You can pull information from many SAP modules such as FI, CO, MM, SD and
build user defined fields whose contents are based on calculations from other
SAP standard information. Typical uses include:
 Reporting using an alternative fiscal year variant other than the one
assigned to the entity.
 Reporting in a different currency (maybe to meet a new head office
reporting currency)
 Meeting USGaap and local reporting requirements
BSEG, BKPF,GLTO
Q70- Explain the purpose of the following SAP R3 FI tables: BSEG, BKPF,GLTO
A- BKPF is the document header table. It stores all the fields common to all of
the document line items such as posting date, currency key , document
number, etc
BSEG is the associated line itme table to BKPF, specific line itme information
such as posting key, GL account document amount are stored
GLTO is the summarized account balances table showing account balances by
period, by account, by fiscal year.
Question regarding tables may seem overly technical but but interviews can
quickly ascertain whether a potential candidate has worked ina pure end user
role or in a hands on configuration role.
COEP, CSKA, CE1XXXX
Q71- Explain the purpose of the following SAP R3 CO tables: COEP, CSKA, CE1XXXX
A- COEP is the CO object line itme table.
CSKA is the cost element master table (dependant on chart of accounts)
CE1XXXX ( where XXXX is the name of your operating concern) is the
profitability analysis line item table.
LSMW
Q72- What is the Legacy System Migration Workbech (LSMW) and when would you
use it in your SAP FI/CO rollout?
A- LSMW is a technical tool used for migrating master datat and transaction data
from your old ‘legacy’ systems to SAP. Though usually setup by your ABAP
programming colleagues, the LSMW project are usually run by FI/CO project
team members in order to upload vendors, customers, cost centers, internal
orders etc. The interviewer is unlikely to ask any technically difficult questions
but most experienced FI/CO team members who have been through a data
migration stage will have at least a basic understanding of LSMW.
Credit Checks
Q73- Describe some of the standard credit checks available within SAP. Where does
most of the credit management information sit in the IMG?
A- Credit management is one of the key integration areas between the Sales and
Distributuin modules (SD) and financial Accounting (FI). Most of the
configuration sits in the SD IMG menu under Sales and Distribution Basic
Functions Credit Management / Risk Management Credit Management
Define Automatic Credit Control
The following are the standard credit checks available:
 Static ( a simple check against customer credit limits of the total AR open
items, SD billing docs etc)
 Dynamic (as above but including open sales orders not yet delivered over a
particular time period)
 Maximum sales order or delivery specified
 Critical field check (for such fields as payment terms)
 Next review Date – checks the review date stored on the customer master
 AR open items – checks existing overdue itmes on the customer account
 Highest dunning level – specifies a max dunning level allowed
Report Painter
Q74- The report painter is a pre-delivered SAP reporting tool for the controlling
module. It allows SAP reports to be quickly created, typically actual versus plan
analysis for cost elements, internal orders and cost centers.
User Exits
Q75- What are user exits and name an example where one could be used in the
FI/CO modules
A- User exits are SAP supplied ‘hooks’ within specific program which allow user
customizations to meet specific requirements. When the program is run, SAP
checks to see is the user has setup any logic within these hooks. For example
in the fixed assetmodule lets say the gain/loss from disposal is normally
booked to GL account 65410. During posting however you wish to book
certain asset retirement transaction types to 65499 for reporting purposes.
An enhancement AINT0002 exists to do this. User exits are commonly used
also with validation and substitution rules. To implement user exist you need
an understanding of the ABAP programming language. However for those who
have worked across seeral SAP projects its inevitable that at some point they
will have come across user exits at some stage even if its just at a conceptual
level.
INTERVIEW QUESTIONS- PART XII
INTERVIEW QUESTIONS - ACCENTURE, SATYAM & BRISTLECONE INDIA
FI TOPIC
1.
2.
3.
4.
What is the difference bet’ Company & Company code
What are the two radio buttons in the COA Segment of a G/L a/c
What is COA all about and what are the fields in COA and what is its function?
What are the two important fields in Customer a/c which affects the
accounting entries
5. Where do u create House banks and what is the process
6. How do u create business transactions in Cash journal (what r the fields) and
examples of Business Transactions
7. Where do u open and close posting periods
8. What does posting key control
9. What is account group all about and where all u use?
10. What r the steps in APP?
11. What is that u enter in the parameters in payment program run?
12. How many dunning levels are there?
13. If a customer does not pay u even after dunning, what is the next step?
14. What is Recon a/c and where u define?
15. Where u customize partial payment and where and how do u post?
16. Question on partial and residual payment entries?
17. What is noted item and example for that?
18. In Vendor master there is a field for House bank, what is it used for and what
is the relation bet the ranking order of banks in APP?
19. Can Profit centers be used as alternative for Business Areas?
20. What are the organizational units in FI and CO?
21. What is Business area and what is the relationship with Company code?
22. What does Fiscal year variant contain?
23. What does “Only balances in Local currency” mean and where do u come
across?
24. What are the various COA?(Three COA – Operational, Group and Alternative)
25. If u activate Open item Mgmt sometime in middle of the year when bal is
Zero, does this be applicable for the past entries also?
26. What are the segments in Customer and Vendor?
27. If there is delay in customer receipts, which type of interest u charge and how
does system determine the due date and where do u configure it?
28. What is Tolerance groups and Tolerance, what is the difference between
them?
29. How many varieties of Tolerance groups are there and what are they?
30. What u need to set up cash journal?
31. Where Dunning procedure is defined? (Company code or client level)
CO TOPIC
1. What u need to do if u want two or more company codes under one controlling
area?
2. Can FYV, PPV and COA be different in FI and CO?
3. What are the master data in CCA?
4. Diff bet’ Assessment and Distribution
5. What is Periodic reposting and explain sender and receiver rules?
6. What is Internal order, why u need, what’s the use when u have cost centers,
explain through example?
7. What is secondary cost element and it’s use of it?
8. Define activity type and SKF
9. Postings to a Profit center in case of material purchase?
10. What is Order type?
11. Is settlement mandatory and what does it mean?
ALL THE BEST
Date : 01/03/05
Time 120 minutes
EXAM QUESTIONS
Chart of Accounts
1. A chart of accounts ( Multi )
a.
b.
c.
d.
can be allocated to multiple company code
can be defined as the group chart of accounts
only contains definitions for G/L accounts
can only allocated to one company code.
2. Which of the following statements is true when configuring a group chart of accounts?
a. In the company code segment of every operational account, the group account
number will be a required entry.
b. The group chart of accounts is assigned to the company code in the company code
global parameters screen.
c. When the assignment is made between the group and operational chart of accounts,
the field group account number becomes an optional entry.
d. A one to one relationship exists between the group account number and the
operational account number in the G.L. master.
3. Which are true regarding operational chart of account. (Single).
a. To perform allocations between companies codes in the controlling each company
code must be assigned to its own operational COA.
b. A company code can choose to work with multiple operational COA.
c. If cross company code controlling is required the same operational COA must be
used.
d. Company code with different base currency must work with there own operational
COA.
e. The operational COA is optional by co. code.
Organizational Structure
4. A client. ( Single )
a. only contain a single chart of accounts
b. may contain multiple charts of accounts
c. only use one exchange rate type
d. only have one controlling area
5. Identify the correct statement(s) regarding organizational elements within the R/3 System.
a. The Business area is defined at client level and changed in transactions defaulted by
Cost Center.
b. A plant is a location in which inventory quantities and values are stored or
manufactured.
c. A Controlling area can comprise several company codes using different chart of
accounts but must operate in the same currency.
6. Which of the following statements is true ? ( Single Choice)
a. A Company code can belong to more than one controlling area.
b. A plant must be allocated to a company code
c. A controlling area and a company code must have the same local currency.
d. A business area and a company code are assigned to each other in the corporate
structure IMG
7. The productive indicator in the Company Code controls the following.
a. Blocks Implementation Guide menu path
b. De-activates the delete documents and
delete master data programs
c. De-activates the Transport and Correction Request System
d. Prevents the fiscal year variant from being changed in the Company Code
e. Prevents the Chart OF accounts from being changed in the Company Code
8. Identify the correct statement
a. Business area is defaulted to a Co code in FI.
b. Business area is mapped to a co. code in controlling area.
c. Business area is used for internal P&L a/c and Balance sheet.
d. Business area if activated in FI will necessitate an assignment in controlling area
master record.
e. Business area can be mapped to profit center in company in order to produce more
accurate P&L account.
Account Receivable
9. Identify the correct statement(s) relating to how the main business processes are integrated
in the SAP R/3 System. ( Multi Choice)
a. A goods receipt is the recording of the movement of materials into the warehouse. In
SAP, a financial document which updates the inventory account and an accrued
liability account is created
b. The Invoice receipt and verification process compares the vendor invoice with the
purchase order and goods receipt. However, the corresponding financial transaction
must be entered through the financial module of R/3.
c. In SAP, payment processing reduces the liability to a vendor and a company codes
cash balance, records discounts taken and disburses payment.
d. A customer delivery is the transfer of the ownership of goods. A customer delivery
includes, creation of a delivery document, picking the goods for shipment; physically
transferring the goods to the customer and financially recording the goods issue.
10. Please click on the button next to the correct answer.
a. The business area can run across many company codes, i.e. all company codes can
post in all business areas.
b. A company code may belong to more than One Controlling Area.
c. Each company codes uses exactly one chart of accounts and one controlling area for
assignments
d. Business areas are used to create internal balance sheets and income statements.
11. Which correspondence extracts all items in the chosen period from a customers account
displays the balance carried forward balance and a closing balance of the account ?
a. Payment advice
b. Payment notice
c. Account statement
d. Dunning notice
12. Which of the following statements about creating customer master records are correct?
a. An account group always gets assigned to a customer.
b. The company code is always a required entry.
c. The account number may be assigned by the user externally.
d. Information on each screen may be defined in configuration as mandatory,
suppressed or optional, depending upon the account group.
e. Information on each screen may be defined in configuration as mandatory,
suppressed or optional, depending upon the company code.
13. Which of the following statements are correct?
a. A FI customer master is divided by client level and company code level.
b. In case of one-time customer you have to enter the customers address in the
document itself.
c. Address, control data, and reconciliation account are included in the client level of the
customer.
d. The most efficient way to create master records is to work with the external number
range not internal number range.
14. Which of the following statements are correct?
a. If a customer is also a vendor, the system can include outstanding Accounts
Receivable invoice items in payment program.
b. If a customer is also a vendor, the system can include outstanding Accounts Payable
invoice items when you clear incoming payment receipts for the customer.
c. The reconciliation account defined on the customer master record is an account used
to reconcile CO transactions back to FI.
d. All customer belonging to the same account group must be assigned to the same
reconciliation account.
e. The alternative payer is used to transfer outstanding receivable item to the
alternative payers account.
15. Which of following statements are correct? [mul]
a. The customer master data comparison the customers in the legacy system with the
customers in the R/3 System.
b. The customer master data comparison compares which master records are already
created in financial accounting but not yet created in sales and distribution.
c. The customer master data comparison compares which master records are already
created in purchasing but not yet in sales and distribution.
d. The customer mater data comparison checks whether the customer master record
contains a telephone number.
Vendor Master
16. Which statement is true? (Multi)
In Vendor master record it is possible to activate a check for duplicate invoice at doc
entry
If you delete a vendor master record, data is automatically deleted on both chart of
account level and co. code level.
Changes to vendor master records can only be displayed using central function.
You can block a vendor to prevent financial transaction postings for one co. code or for
all co. codes.
Bank master data for vendor can only be created with in customizing.
17. Which of the following statement about one time account are correct.
a. Must use account group defined for one time vendor.
b. One time account group must use defined number range.
18. Which of the following about vendor transaction is correct. (Multi)
a. Vendor down payment is shown on balance sheet under normal reconciliation
account for payables.
b. Special g/l transaction is one, which is included in spl purpose ledger under coding
block in G/L account.
c. A vendor down payment request cannot be included in payment program to produce
down payment
d. A vendor down payment request is a noted item.
e. A vendor down payment is cleared after final invoice is received from vendor.
19. Which is correct.
a. Customer master is divided by client level & co. code level.
b. In case of one time customer – customer address in entry .
20. Which is correct.
a. If a customer is also a vendor system includes outstanding account receivables
invoice items in the program.
b. If a customer is also a vendor system includes outstanding account receivables
invoice items in the clearing.
21. Which of the following statement affect creating customer master records are correct.
a. An account group gets assigned to customer
b. Co. code is always a reqd entry.
c. Account number may be assigned externally.
Automatic Payment Program
22. Which of the Following statements about automatic payment are correct ?
a. In automatic payment procedures, all incoming invoices as of the second dunning
level are paid automatically
b. Direct debiting or bank collection can be used in automatic payment procedures to
clear customer invoices
c. Open items posted to G/L accounts can be cleared using the payment program
d. Special G/L transactions(down payment)can be posted using the payment program
e. The payment program can pay vendor invoices using wire transfers and checks
23. Imagine the following scenario:
A company wants to execute a payment run on a daily basis and process several company
codes at the same time. If the amount exceeds US$ 1000, the vendors are to be paid by bank
transfer, amounts less than US$ 1000 are to be paid by check. The customer has two house
banks and wants all checks to be processed by bank A and all
a. You store variants for print programs within customizing. Here you can specify that
the information is to be output to a data carrier
b. You specify, per house bank, whether payments are to be made by check only or
also by transfer
c. You specify the payment method from within the application,in the master record
d. The payment proposal of the automatic payment program can only be displayed
e. You can precisely schedule the print program from within the application
24. According th which criteria does the payment program determine and select open items:
a. posting date and baseline date
b. document date and posting date
c. baseline date and payment terms
d. posting date and cash discount periods
e. posting date and payment terms
25. Which of the following statements are true with regard to the customizing setting for banks in
the automatic payment run ?
a. The sequence of the banks for processing outgoing payments is selected randomly
b. You can only determine one payment method per house bank
c. You can select several payment methods per country
d. You can specify by bank and method the anticipated number of days before the bank
account is debited
e. You can determine the banks to be used for payments according to postal code
26. Which of the following factors does the systems take into account in a payment run ?
a. Fiscal year variant
b. Payment method specifications in the IMG
c. Specifications in the vendor master records
d. Information in the documents(incoming invoices)
e. Specifications made when maintaining the payment run parameters
27. Identify the correct statement(s). (Multi)
a. The vendor master record is divided into three different data areas; General data,
Accounting data and Purchasing data.
b. When the goods receipt is posted, the system automatically updates the general
Ledger accounts by the value of the goods receipt. It is also possible to include an
additional account assignment object such as cost center, order or asset.
c. MM and FI set up and use different account groups for their respective view of the
vendor master record.
d. The account group determines the number interval for assigning the account Number
to the vendor, whether or not the number in internally or externally Assigned, and
what fields are mandatory, suppressed, displayed and optional
e. A purchase requisition is a binding contract with a vendor to supply certain materials
or Services based on certain terms and conditions.
28. Suppose that one company is used as both a vendor and a customer. Which of the following
statements are correct regarding creating linked customer and vendor master records for this
company? (Multi)
a. Only one business partner master record is created, with client level, purchasing,
sales, And accounting data. This prevents the creation of redundant master data.
b. If the master records are linked correctly. The vendor and the customer line items will
be posted to the same reconciliation account.
c. The corresponding vendor master number must be entered in the client level of the
customer master record and vice versa.
d. The vendor and customer records that are to be linked may have different account
numbers.
e. Once properly linked, sales invoices and purchase invoices for this company will
automatically clear against each other.
29. Which of the following statements about transactions are correct? (Multi)
a. An invoice may be parked by an accounts clerk and a workflow message sent
Automatically to the supervisor.
b. Credit memos can be included in the payment program to reduce the final invoice
Value paid.
c. A parked invoice has a temporary document number assigned by the user.
d. An invoice which has been cleared by the payment program can only be reversed
After the cleared line items have been reset.
e. An individual cheque cannot be printed automatically when you manually post an
Outgoing payment.
30. Which of the following statements about one time accounts are correct? (Multi)
a. One time accounts must use an account group which has been defined specifically
for one time accounts.
b. A one time account group must use a different number range from all other account
Groups.
c. The vendor¡¯s name and address are not held in the one time account master
record.
d. Credit memos cannot be created for a one time vendor account.
e. You cannot change a one time account master record once it has been created.
31. Between which functions in the FI-MM module does a direct relationship exist? (Multi)
a. Requirement planning- Invoice Verification
b. Invoice verification- Account Payable.
c. Inventory Audit- Invoice Verification.
d. Purchasing – Invoice Verification.
e. Goods issue to a production order – G/L account.
Bank
32. Which of the following statements are correct ?
a. When creating a House bank, you do not need to specify the country.
b. The payments program can use a different House bank for each different payment
method
c. A House bank account can be defined in more than one currency
d. House bank master data must be created in advance, before assigning the House
bank to a payment method in the payment program configuration
e. A house bank can be assigned to a business area within the payment program
configuration
33. In a Payment method definition
a. Define a maximum and min payment
b. Define house bank link
c. Define allowed currency for company code
d. Define allowed currency for country level
34. Which of the following statements about House banks are correct.
a. House bank is linked in all FI Accounting masters
b. House bank Account ID is linked in all FI accounting masters
c. House Bank currency is controlled by Vendor master
d. Vendor Master currency controls AP payment
e. Payment method currency alone controls House Bank account ID postings to GL
35. Which of the following statements about creating customer master records are correct?
a. An account group always gets assigned to a customer.
b. The company code is always a required entry.
c. The account number may be assigned by the user externally.
d. Information on each screen may be defined in configuration as mandatory,
suppressed or optional, depending upon the account group.
e. Information on each screen may be defined in configuration as mandatory,
suppressed or optional, depending upon the company code.
36 . Which of the following order types are internal orders?
a. Capital investment orders for creating assets.
b. Maintenance orders.
c. Sales orders for make-to-order function
d. CO production orders.
37. Which of the following statements are correct regarding Internal Orders?
a. Once an order has been released, only closing entries can be made.
b. Transactions can be allowed or disallowed depending in the order status.
c. Additional order status categories can be created in the order master.
Environment
That system tool allows you to add graphics, re-arrange fields, add pushbuttons and change input
fields into radio buttons?
a. GuiXT
b. GuiCapture
c. SAPGui
d. SAPShow
e. Profile Generator
Which of the following can you add to a Favorites list?
a. Files
b. Transactions
c. Web address
d. Reports
e. User menus
40
The date format can be defined by the following:
a. Country
b. System.
c. User.
d. Company
e. Plant
Closing
41
Which of the following statements regarding year-end closing are correct?
a. The balance carry forward program can be run at any time during the fiscal year.
b. The system creates the balance carried forward for every balance sheet account for
new fiscal year.
c. The p&l accounts balance is transferred to a Retained Earnings account. You
determine the retained earning account as part of the selection criteria when
executing the Balance Carry Forward program.
d. Posting during the Balance Carry forward program is possible.
Currency
42. The en entering a document using a foreign currency, which date is used to determine the
exchange rate if the translation date is not entered ?
a. Posting date
b. Document date
c. Baseline date
d. Entry date
43.
Which type of currency will R/3 always track when posting a document? (Single)
a. Local currency
b Group currency
c Transaction currency
d Group & transaction currency
e Local & transaction currency.
Posting Period
44. Where are posting periods defined?
a. Posting period variant.
b. Fiscal year variant.
c. Field status variant.
d. Closing period variant
Document Control
45
Which of the following statements supports the reversal of a document?
a. The original document contains no cleared line items.
b. Documents originating in other modules should be corrected there to allow the
changes to flow naturally through to financial accounting.
c. If a reversal date is not specified, the system reverses the document using the
posting date of the document to be reversed.
d. A new document number is created for the reversal document.
46
Choose the correct statements regarding recurring documents.
a. When creating a recurring document, the valid time period must be defined.
b. The posting date is determined by either the run date or the run schedule.
c. Field values can be changed in recurring document.
d. After running the recurring document posting, the next run date cannot be
displayed.
e. The original recurring document can be deleted from the batch input menu.
47.
bulk change of line item - this function allows you to change a whole group of line items
simultaneously, instead of having to change individual items in the documents. What data
can you change using this function?
a. The reconciliation account
b. The company code
c. The payment terms and payment block
d. The house bank and payment method
48.
which of the following statements are correct?[mul]
a. Posting keys are used to define the screen layout for document entry and
take priority over other field status groups.
b. Validations and substitutions can be carried out in FI but not in the Special
Purpose Ledger
c. The main purpose of a payment advice note is that it can be used to
automatically search for and then compare open items as part of the clearing
process, thus eliminating the need to make individual selection entries.
d. Two of the currencies available in the FI system are the transaction currency
and the company code currency, these are defined at country level within
configuration.
49. Which of the following statements in correct?[single]
a. The field status definition controls the Document type, Posting key and
Account number.
b. The documents number assignment can be controlled using the Account
type.
c. The tax rates and tax codes for the various countries are predefined by SAP.
d. The field status definitions determine the screen layout, when you enter a
document using the relevant G/L account.
e. The document type controls which company code is used in a G/L posting.
50. What controls whether a line item is a debit or credit and specifies the type of account for a
line item. (Single)
a. Posting key.
b. Document type
c. Account group
d. Field status
51.
What controls the number assignment assigned to a financial document in R/3 (single).
a. The number range assigned to the account group.
b. The number range assigned to the document type
c. The number range assigned to the Posting key
d. The field status group
52.
Closing of period is controlled by. (Single).
a. Posting Period variant.
b. Fiscal year variant.
c. Field status variant.
d. Closing period variant.
53.
Where are the posting period defined. (Single)
a. Posting period variant.
b. Fiscal year variant.
c. Field status variant
d. Closing period variant
54.
What is the difference between distribution and assessments?
a. Distribution can be made for both planned and actual figures; assessments
cannot.
b. Distributions can be made using statistical key figures; assessments cannot.
c. Distributions are used when the original cost information is necessary on the
receiver; assessments are used when this information is not necessary on
the receiver.
d. Distributions are made using the original primary cost elements;
assessments are made using secondary cost elements.
55.
Out of the following select the right answers
a.
b.
c.
d.
56.
Cost element category controls FI posting only.
Cost element is a must for all GL accounts
All P&L GL accounts should be cost element.
All cost elements are linked to Activity type.
Activity types can be
a.
b.
c.
d.
e.
restricted for a single cost center directly
created for a restricted period only
created with primary cost element assignment
All activity types are used in Cost center planning without any restriction.
Planning of price is done for a activity for all cost centers
57.
Select out of the following which statements are correct.
a. Cost center can be defaulted in all FI line items in all GL accounts
b. Internal order can be defaulted in all FI line items in all GL accounts
c. Cost center can be defaulted in GL accounts provided it is assigned
to company code.
d. Cost center is linked to company code as Chart of accounts is linked
to the same company code.
e. Time dependant data is possible in Cost center, cost element,
Activity type and SKFs
Reports
58.
Which of the following statements about financial reporting are correct?
a. A financial statement version displays either a balance sheet or a profit and lost
statement, not both.
b. When displaying a financial statement, the system can automatically
calculate the profit and loss statement result.
c. You can obtain a summarized financial statement for any hierarchy level
defined in the financial statement version.
d. The system can translate a financial statement into any currency for reporting
purposes.
e. A financial statement version cannot include more than one company code,
unless you are using FI-LC
General Ledger Account
59.
An account group.[mul]
a. Defines the number range for a mater record.
b. Uses a field status group to control the field layout for the maintenance of mater
records.
c. Determines one-time accounts for accounts payable and accounts receivable.
d. Is defined for every company code.
60.
You have several options for creating G/L accounts . Which of the following statements
are corrent?[mul]
a. You can create a G/L account in a company code without using a sample
account.
b. You can create a G/L account in chart of accounts.
c. You can create a G/L account in a company code using a samples account.
d. You can create a G/L in a controlling area if you specify the chart of accounts
and the company code.
e. You can create a G/L account when settling an order.
61.
Which of the following statements are correct regarding open item management?[mul]
a. In order to manage line items as open and cleared for venders and customers
the open item management¡± Indicator must be on in the reconciliation account
master record.
b. Vendor and customer account are always open item management accounts.
c. In order to be able to manage line items as open and cleared, the line item
display indicator must be on in the G/L account mater record.
d. I order to be able to manage line item as open and cleared, the open item
management indicator must be on in the G/L account master record.
e. In order to be able to manage line items as open and cleared, the sort key must
be defined as the document number.
62.
63.
When you
account
a.
b.
c.
d.
e.
create a G/L account the following entries must always be assigned to the
Account Group.
Balance sheet a/c & P&L statement type.
Short text.
Sample account number
Consolidation trading partner.
Which of the following are true:
a.
Multiple currencies can be assigned in G/L master record to facilitate reporting.
b.
Key words may be input as search criteria on a G/L master for use with only one
Co. code
c.
A G/L account will have the changes made to it if any tracked in a separate data
base.
d.
All G/L Balance Sheet accounts are marked with Account type B.
64. The primary cost element is one type of master data in Controlling. Before you can create a
new primary cost element, certain prerequisites need to be fulfilled Which of the following
conditions must be fulfilled BEFORE you can create primary cost elements? (37-2)
a. The controlling area must be defined.
b. The cost center must be defined.
c. The G/L account must be defined.
d. The plant must be in the system.
e. The business areas have been defined.
170 SAP FICO EXAM RELATED QUESTIONS
1. A chart of accounts ( Multi Choice)
A. can be allocated to multiple company code
B. can be defined as the group chart of accounts
C. only contains definitions for G/L accounts
D. can only allocated to one company code.
2. A client. (Single Choice)
A. may only contain a single chart of accounts
B. may contain multiple charts of accounts
C. may only use one currency type
D. may only have one controlling area
3. Identify the correct statement(s) relating to how the main
business processes are integrated in the SAP R/3 System. (Multi
Choice)
A. A purchase requisition is a documented request to purchase
goods or services. In SAP it can be created manually or
automatically.
B. A goods receipt is the recording of the movement of materials
into the warehouse. In SAP, a financial document which updates the
inventory account and an accrued liability account is created
C. The Invoice receipt and verification process compares the
vendor invoice with the purchase order and goods receipt. However,
the corresponding financial transaction must be entered through the
financial module of R/3.
D. In SAP, payment processing reduces the liability to a vendor
and a company¡¯s cash balance, records discounts taken and disburses
payment.
E. A customer delivery is the transfer of the ownership of
goods. A customer delivery includes, creation of a delivery
document, picking the goods for shipment; physically transferring the
goods to the customer and financially recording the goods issue.
4. Identify the correct statement(s) regarding organizational
elements within the R/3 System. ( Multi Choice)
A. The Sales area combines the sales organization, distribution
channel, and division.
B. The Purchasing Organization is responsible for the purchasing
for the only one plant.
C. A plant is a location in which inventory quantities and values
are stored or manufactured.
D. A Controlling area can comprise several company codes using
different chart of accounts but must operate in the same currency.
E. A profit center is used to generate income statements and
operating profit statements.
5. Identify the correct statements. ( Multi Choice)
A. All areas of an organization that are to be integrated into
the R/3 Production system should be included under one client.
B. The term ¡°client dependent¡± refers to tables or data that
relate only to the client which was accessed during the log on
process.
C. Due to the integrated nature of SAP, there are certain core
organization element that cut across the modules. Client and company
code are two of these core elements.
D. To determine the number of clients required, the focus is
placed on data access and sharing strategies.
6. Which of the following statements is true ? ( Single Choice)
A. A Company code can belong to more than one controlling area.
B. A plant must be allocated to a company code
C. A controlling area and a company code must have the same local
currency.
D. A business area and a company code are assigned to each other
in the corporate structure IMG
7. Identify the correct statements relating to the
Implementation Guide( Multi Choice)
A. When creating a project in the IMG, the application areas and
countries are selected from the Enterprise IMG
B. The number of implementation activities can be reduced by
creating Project IMG views, such as a view for ¡°mandatory activities¡±
C. The Project IMG must include all customizing activities for all
R/3 applications.
D. The SAP Reference IMG is generated for the application modules
to be implemented in a company and for the different countries
E. Customizing transactions can be accessed from the SAP
Reference IMG, Project IMG and the Project views.
8. What characteristics do roles have in the Workplace? ( Multi
Choice)
A. Roles describe business processes in a company
B. Roles contain a collection of activities that a user who is
assigned to this role can execute
C. Roles represent a range of executable functions in a company
that users can assign themselves to
D. The authorizations required to execute the assigned functions
are automatically linked to roles
E. Roles contain MiniApps
9. What content elements of the mySAP.com Workplace are provided?
(Multy)
A. The Workplace contains role-based navigation options for
R/3 transactions, reports, and other links to various systems.
B. The Workplace is a completely personalizable working
environment.
C. The Workplace contains role-specific information and rolebased access to the Marketplace.
D. The Workplace is used exclusively as a LaunchPad for
Employee Self Service with information for employees.
E. The Workplace contains personal Favorites.
10. What are MiniApps?(Multy)
A. MiniApps are small applications that are started automatically
when the Workplace is called.
B. Miniapps are small applications that can be called from the
Workplace.
C. MiniApps are small applications that communicate continuously
with the implemented SAP products
D. MiniApps are Java Applets that are loaded from the Workplace
to the user client.
E. MiniApps are role-specific applications that can contain more
activity options.
11. What system tool allows you to add graphics, re-arrange fields,
add pushbuttons and change input fields into radio buttons?(Single)
A. GuiXT
B. GuiCapture
C. SAPGui
D. SAPShow
E. Profile Generator
12. Which of the following can you add to a Favorites list?(Multy)
A. Files
B. Transactions
C. Web address
D. Reports
E. User menus
13. What does SAP call the new asset value display transaction?
(Single)
A. Item Explorer
B. Accounts Explorer
C. Accounts Viewer
D. Asset Viewer
E. Asset Explorer
14. Which of the following statements about year-end closing are
correct?(Multy)
A. You carry out year-end closing before the fiscal year change.
B. During year-end closing, the program checks if the year-end
closing can be carried out.
C. Once the year-end closing was successfully completed, the system
automatically changes certain entries in Customizing (closed fiscal
year)
D. You cannot create and post to new fixed assets until The yearend closing is successfully completed
E. You can only conduct year-end closing on June 30 or December 31
of each year.
15. What steps have to be completed before you can generate asset
classes form G/L accounts? (Multy)
A. Account selection
B. Account determinations
C. Number range intervals
D. Screen layout variants
E. Asset classes
16. For each depreciation area you need to specify whether you want to
(Multy)
A. post depreciation at periodic intervals to the general ledger
B. post asset values at periodic intervals
C. automatically post values online
D. use index classes
E. post to business areas
17. Please click on the button next to the correct answer.(Multy)
A. The business area can run across many company codes, i.e.
all company codes can post in all business areas.
B. A company code may belong to more than One Controlling Area.
C. Each company codes uses exactly one chart of accounts and one
chart of depreciation.
D. Business areas are used to create internal balance sheets and
income statements.
18. The time of the first acquisition posting to the asset sets the
following fields
in the master of asset(Multy)
A. the depreciation start date per depreciation area
B. the cost enter to be hit through depreciation
C. the date of capitalization
D. the depreciation key
19. Usually one Chart of Depreciation is defined for each country.
At which level is the chart of Depreciation created?(Single)
A. at Company Code level
B. at Client level.
C. at Chart of accounts level.
D. at Business area level.
E. at System level.
20. What are the functions asset class?(Multy)
A. Asset number assignment.
B. Cost Center determination.
C. Screen layout
D. Account allocation
E. Definition of default value.
21. Which of the following statements about asset data transfer from
a previous system are correct?(Multy)
A. Transferring asset data ¡®during the fiscal year¡¯ is only
possible on july 1 of the given year.
B. When you transfer asset data ¡®during the fiscal year¡¯, the
system automatically determines replacement values and insurable values
using batch input.
C. During the asset transfer, you can enter either the APC or
the net book value.
D. During the asset transfer, you can specify the order in
which the depreciation are apper.
E. When you transfer asset data ¡®during the fiscal year¡¯,you
must enter the last depreciation posting period from your previous
system in the SAP R/3 System.
22. Intergration with MM: An asset purchase order is created in
Purchasing. The goods receipt is posted on a value basis. Invoice
verification then posts the invoice.
What is the name of the auxiliary account used for all of these
transactions?(Single)
A. MM/FI clearing account.
B. GR/IR clearing account.
C. Asset purchasing clearing account.
D. Asset acquisition clearing account.
E. Vendor asset acquisition clearing account
23. What additional functions do asset classes offer?(Multy)
A. Specify required entry fields for asset master data
B. Enter default values for asset master data
C. Enter default values entries for depreciation area
D. Enter allowed entries for user fields
E. Define allowed company codes
24. Which of the following statements about manual depreciation (for
example unplanned depreciation in FI-AA) area true?(Multy)
A. You cannot post manual depreciation in FI-AA.
B. Manual depreciation is posted immediately after entry(real
time).
C. Manual depreciation is initially shown as a planned value after
entry and only posted when the depreciation posting report is run.
D. Manual depreciation usually only applies to depreciation
areas which you choose when you enter the document.
E. After entering manual depreciation in FI-AA., you also need to
enter it manually in FI/CO.
25 .Which correspondence extracts all items in the chosen period from
a customer¡¯s account displays the balance carried forward balance and
a closing balance of the account ?(Single)
A. Payment advice
B. Payment notice
C. Account statement
D. Dunning notice
26. Which of the Following statements about automatic payment are
correct ? (Multy)
A. In automatic payment procedures, all incoming invoices as of the
second dunning level are paid automatically
B. Direct debiting or bank collection can be used in automatic
payment procedures to clear customer invoices
C. Open items posted to G/L accounts can be cleared using the
payment program
D. Special G/L transactions(down payment)can be posted using the
payment program
E. The payment program can pay vendor invoices using wire transfers
and checks
27. Imagine the following scenario:A company wants to execute a
payment run on a daily basis and process several company codes at the
same time. If the amount exceeds US$ 1000, the vendors are to be paid
by bank transfer, amounts less than US$ 1000 are to be paid by check.
The customer has two house banks and wants all checks to be processed
by bank A and all¡¦ (Multy)
A You store variants for print programs within customizing. Here you
can specify that the information is to be output to a data carrier
B. You specify, per house bank, whether payments are to be made
by check only or also by transfer
C. You specify the payment method from within the application,in
the master record
D. The payment proposal of the automatic payment program can
only be displayed
E. You can precisely schedule the print program from within the
application
28. According th which criteria does the payment program determine
and select open items (Single)
A. posting date and baseline date
B. document date and posting date
C. baseline date and payment terms
D. posting date and cash discount periods
E. posting date and payment terms
29. Which of the following statements are true with regard to the
customizing setting for banks in the automatic payment run ? (Multy)
A. The sequence of the banks for processing outgoing payments is
selected randomly
B. You can only determine one payment method per house bank
C. You can select several payment methods per country
D. You can specify by bank and method the anticipated number of days
before the bank account is debited
E. You can determine the banks to be used for payments according to
postal code
30. Which of the following factors does the systems take into account
in a payment run ?(Multy)
A. Fiscal year variant
B. Payment method specifications in the IMG
C. Specifications in the vendor master records
D. Information in the documents(incoming invoices)
E. Specifications made when maintaining the payment run parameters
31. Which of the following statements are correct ?(Multy)
A. When creating a House bank, you do not need to specify the
country.
B. The payments program can use a different House bank for each
different payment method
C. A House bank account can be defined in more than one currency
D. House bank master data must be created in advance, before
assigning the House bank to a payment method in the payment program
configuration
E. A house bank can be assigned to a business area within the
payment program configuration
32. When entering a document using a foreign currency, which date is
used to determine the exchange rate if the translation date is not
entered ?(Single)
A. Posting date
B. Document date
C. Entry date
D. Baseline date
33. where are posting periods defined?(Multy)
A. Posting period variant.
B. Fiscal year variant.
C. Field status variant.
D. Closing period variant.
34. which of the following statements supports the reversal of a
document?(Multy)
A. The original document contains no cleared line items.
B. Documents originating in other modules should be corrected there
to allow the changes to flow naturally through to financial
accounting.
C. If a reversal date is not specified, the system reverses the
document using the posting date of the document to be reversed.
D. A new document number is created for the reversal document.
35. Choose the correct statements regarding recurring documents.
(Multy)
A. When creating a recurring document, the valid time period must be
defined.
B. The posting date is determined by either the run date or the run
schedule.
C. Field values can be changed in recurring document.
D. After running the recurring document posting, the next run date
cannot be displayed.
E. The original recurring document can be deleted from the batch
input menu.
36. In manual bank statement customizing, you must (Multy)
A. Define an internal activity
B. Define a posting rule
C. Define a posting type
D. Define a currency
E. Define an account symbol
37. Which of the following statements about manual planning are
correct?(Multy)
A. The planning type determines which bank accounts the plan amount
to be inputted to.
B. The expiration date shows how long the payment advice is included
in planning.
C. The payment advices for editing can be changed, archived, or
reactivated.
D. Archived payment advices are included in planning till the value
date.
E. The retention periods are determined by the bank account name.
38. Bank accounts should be controlled as follows when Cash
Management is in use Multy)
A. Open items are managed for both the main bank account and the
bank clearing account.
B. Both the main bank account and the bank clearing account
permit line item displays.
C. The main bank account and the bank clearing account use the
same sort key.
D. The value date in the field status string for both the main
bank account and the bank clearing account must accept entry.
E. The cash-relevance flag in the master records for both the
main bank account and the bank clearing account must be set.
39. Which of the following statements about creating customer master
records are correct? (Multy)
A. An account group always gets assigned to a customer.
B. The company code is always a required entry.
C. The account number may be assigned by the user externally.
D. Information on each screen may be defined in configuration as
mandatory, suppressed or optional, depending upon the account group.
E. Information on each screen may be defined in configuration as
mandatory, suppressed or optional, depending upon the company code.
40. Which of the following statements are correct? (Multy)
A. A customer master is divided by client level and company code
level.
B. In case of one-time customer you have to enter the customer¡¯s
address in the document itself.
C. Address, control data, and reconciliation account are included in
the client level of the customer.
D. The most efficient way to create master records is to work with
the external number range not internal number range.
41. Which of the following statements are correct? (Multy)
A. If a customer is also a vendor, the system can include
outstanding Accounts Receivable invoice items in payment program.
B. If a customer is also a vendor, the system can include
outstanding Accounts Payable invoice items when you clear incoming
payment receipts for the customer.
C. The reconciliation account defined on the customer master
record is an account used to reconcile CO transactions back to FI.
D. All customer belonging to the same account group must be
assigned to the same reconciliation account.
E. The alternative payer is used to transfer outstanding
receivable item to the alternative payer¡¯s account.
42. Bulk change of line item - this function allows you to change a
whole group of line items simultaneously, instead of having to change
individual items in the documents. What data can you change using
this function?(Multy)
A. The reconciliation account
B. The company code
C. The payment terms and payment block
D. The house bank and payment method
43. Which of the following order types are internal orders?(Multy)
A. Result analysis orders for posting accrual costs in CO.
B. Capital investment orders for creating assets.
C. Maintenance orders.
D. Sales orders for make-to-order function
E. CO production orders.
44.Which of the following statements are correct regarding Internal
Orders?(Single)
A. Planning transactions are allowed under any status.
B. Once an order has been released, only closing entries can be
made.
C. Transactions can be allowed or disallowed depending in the
order status.
D. Additional order status categories can be created in the
order master.
45.Which of the following statements is true about CO production
orders?(Multy)
A. It is an internal order used to control production from a
cost accounting point of view.
B. Bills of materials and routings are required.
C. It is not possible to post goods movements to and from the
order.
D. You can post primary costs from Financial Accounting to the
order.
E. You can post secondary costs from overhead calculation to
the order.
46.Which statements are true regarding direct and indirect activity
allocations? (Multy)
A. If both the amount of the activity used by the receiver and
the total output activity quantity of the sender can be measured,
then indirect activity allocation is used.
B. If the amount of activity consumed by the receiver is not
measured, then indirect activity allocation is used.
C. Manual activity input planning cannot be performed if actual
activities are allocated indirectly.
D. If direct activity allocation is used, the total output
activity quantity is determined by summing all of the activity
quantities allocated.
47. The primary cost element is one type of master data in
Controlling. Before you can create a new primary cost element,
certain prerequisites need to be fulfilled.
Which of the following conditions must be fulfilled BEFORE you can
create primary cost elements?(Multy)
A. The controlling area must be defined.
B. The cost center must be defined.
C. The G/L account must be defined.
D. The plant must be in the system.
E. The business areas have been defined.
48. What is the difference between distribution and assessments?
(Multy)
A. Distribution can be made for both planned and actual figures;
assessments cannot.
B. Distributions can be made using statistical key figures;
assessments cannot.
C. Distributions are used when the original cost information is
necessary on the receiver; assessments are used when this information
is not necessary on the receiver.
D. Distributions are made using the original primary cost
elements; assessments are made using secondary cost elements.
49
[Organizational Structures] – Which structure provides an environment for analyzing
market profitability, even allowing for customer defined segments?
A
B
C
D
Controlling Area
Business Area
Operating Concern
Company Code
50
[Organizational Structures] – A business Area is:
A
The legal unit of consolidation to which company codes is assigned.
B
The organization entity for which balance sheets as well as profit & loss statements can
be executed across company codes covering a company’s main areas of operation.
C
The smallest organization unit for which a complete self-contained set of books can be
executed.
D
Identifies an independent organizational structure within a company, which includes all
functions, required for internal cost and revenue accounting.
51
[Organizational Structures] – Which chart of accounts is always required ?
A
B
C
D
Group chart of accounts.
Country chart of accounts.
Operating chart of accounts.
Alternate chart of accounts.
52
[FI-Master Data] – Define GL Account Group. One or more is correct.
A
The GL account group is a classifying feature for general ledger master records.
B
The account group only determines in which number interval the GL account number
must reside.
C
The account group determines the fields for data entry screens if you create or change a
master record in a company code.
D
The account group also determines in which number interval the GL account number
must reside.
53
[FI-Master Data] – Field Status group control:
A
B
C
D
The number ranger.
The account type.
The fields for data entry screens.
The GL account group.
54
[FI-Master Data] – How many levels the GL account master record have and what are they?
A
B
C
D
3 Levels – client, chart of account
2 Levels – company code and client level.
2 Levels – company code and chart of account level.
1 Levels – GL master record
55
[FI-Master Data] – The reconciliation account : One or more is correct.
A
B
C
D
Ensures real-time integration of sub ledger account with the general ledger.
Itself is not designed for direct posting.
Is defined on the client portion of the company code.
Can be defined for customer, vendor and asset account types.
56
[FI-Master Data] – Customer specific information such as name and address is stored at
what level?
A
B
C
Company code.
Customer master record.
Client.
D
Account group.
57
[FI-Master Data] – Vendor specific information such as reconciliation acct. and item
sorting is stored at what level ?
A
B
C
D
Company code.
Customer master record.
Client.
Account group.
58
[FI-Master Data] – What determines whether the vendor account is one-time ?
A
B
C
D
The posting keys.
Document type.
Field Status.
Account group.
59
[TR-Master Data] – Bank accounts that contain a company’s own funds:
A
B
C
D
Customer bank account.
Vendor bank account.
House bank.
Bank key.
60
[TR-Master Data] – Bank master data records can also be manually : One or more is
correct.
A
B
C
D
When defining house bank.
At one-time(account) document entry.
In the account ID.
On the general data section of customer & vendor masters.
61
[FI-Postings] – What are examples of currency types? One or more is correct.
A
B
C
D
User currency.
Global currency.
Hard currency.
Index currency.
62
[FI-Postings] – The accounting document : One or more is correct.
A
The header section contains data relevant for the management of whole document, such
as document number, posting date, company code, currency and document text.
B
Each line item would contain an account, an amount and other relevant posting
information.
C
An accounting document must contain at leas 1 line item.
D
The debits and credits are not required to balance to zero before posting is permitted.
63
[FI-Postings] – What identifies which of the account types will be permitted on particular
document?
A
B
C
D
Posting key.
Document number ranger.
The audit trail.
Document type.
64
[FI-Postings] – Define posting keys ? One or more is correct.
A
B
C
D
The posting key also specifies the specific account type for a line item.
Determines whether the vendor account is one-time.
Identifies which of the account types will be permitted on a particular document.
Helps control the field status of a line item.
65
[FI-Postings] – A document can only be reversed if: One or more is correct.
A
The original document contains only customer, vendor and G/L line items.
B
The original document contains no cleared line items, if the document does contain
cleared items, then these items must be reset before reversal can take place.
C
All specified values (such as, cost center) are not still valid.
D
The original document was posted in FI system or originating in other modules.
66
[FI-Postings] – What defines the date on which terms of payment are to begin ?
A
B
C
D
Document type.
Posting date.
Baseline date.
Entry date.
67
[FI-Postings] – Allocation Field: One or more is correct
A
field.
B
C
D
item).
Line items can be sorted in the account group directory by the content of the Allocation
Can get more information on entry by displaying the document.
Is an additional reference field for line items.
Is either filled automatically (sort key in the máster Record) or manually (entry in a line
68
[FI-Postings] – The currency that was input on the header of document:
A
B
C
D
Company code currency.
Transaction currency.
Additional currency.
Local currency.
69
What gives an overview of planned processes carried out periodically in the system ?
A
B
Dunning runs.
Payment runs.
C
D
Financial calendar.
Interest calculation.
70
Which of the following are controlled by the posting period variant ? One or more is
correct.
A
The ranger of periods that is currently open for processing.
B
Only one period ranger can be open at the same time.
C
The ranger of accounts within a specific account type that is currently open for
processing.
D
The specific user authorization necessary to book entries within a specific period.
71
A document is identified by the combination of : One or more is correct.
A
B
C
Document number
Company code
Fiscal year
72
How variants that are required in each company code ? One or more is correct
A
B
C
D
Fiscal year variant
Field status variant
Posting period variant
Depreciation variant
73
Which payment terms are defaulted when posting an invoice depends on where the
invoice is created: One or more is correct.
A
If the invoice is created in FI the payment terms from the company code segment are
defaulted.
B
When posting the SD-invoice payment terms are not copied to the FI-invoice.
C
If a vendor invoice is created in MM payment terms from the purchasing segment are
not defaulted.
D
When posting the MM-invoice payment terms are copied to the FI-invoice.
74
The FI system assists with the management of taxes calculated by: One or more is correct.
A
B
C
D
Checking the tax amount entered or automatically calculating the tax.
Posting the tax amount to G/L accounts.
Performing tax adjustments for cash discounts or other forms of deductions.
When you clear the document with a tax amount.
75
The tax code is used for what? One or more is correct.
A
B
C
D
76
Verify the amount of tax.
Calculate the amount of tax.
Verify the account type.
Determine the G/L account.
All reconciliation accounts and all G/L accounts with open item transactions in foreign
currency must be assigned to the G/L account for realized losses and gains. Which of the
following options exist for this assignment: One or more is correct.
A
B
C
D
A single G/L account can be used for all currencies and currency types.
A single G/L account can not be used per currencies and currency types.
A single G/L account can be used per currency.
A single G/L account can not be used per currency type
77
Cross-Company code transaction number: One or more is correct.
A
If the cross-company code transaction number is not entered manually the system
generates the number.
B
The documents of a cross-company code transaction are not linked by a common crosscompany code transaction number.
C
Cross-company code transaction may be reversed.
D
The cross-company code transaction number is stored in the document header of all
documents created by the system.
78
What are transactions in accounts receivable and accounts payable that are displayed
separately in the general ledger and sub-ledger ? This may be necessary for reporting or
internal reasons.
A
G/L fast entry.
B
Financial reporting.
C
Special G/L transactions.
D
Additional assignments.
79
You tell the payment program which accounts and items to consider in the automatic
payment run. What is it ?
A
B
C
D
Proposal run
Parameters
Edit proposal
Schedule payments
80
Items which have to be paid are bundled together to create payments as long as they
have: One or more is correct.
A
The different payee/payer.
B
The same currency.
C
The same paying and sending company code.
D
The different bank connection in the item.
81
The payment method can be entered directly into an item. If this is the case, the system
checks if: One or more is correct.
A
B
C
82
This payment method is permitted by the parameters entered.
This payment method can be used(payment method check).
A bank account for the payment can be found.
Choice the true alternative:
A
Every company code needs its own payment forms.
B
The sequence in which the payment methods are entered in the master data reflects their
priority.
C
When editing the payment proposal, items can be reallocated to existing or new
payments.
D
To reallocate certain items the automatic payment method and bank selection can be \
repeated at any time.
83
The user can clear open items of A/R, A/P and G/L accounts with the automatic clearing
program. The program groups items together from an account which have the same: One
or more is correct.
A
B
C
D
Reconciliation account number.
Document number.
Currency.
Special G/L indicator.
84
What is the difference between a partial payment and a residual payment ?
A
The partial payment clears the invoice and incoming payment and creates a new line
item for the incoming payment. The residual payment leaves the invoice as an open line item and
posts a new line item for the residual payment amount.
B
The partial payment leaves the invoice as an open line item and posts a new line item for
the residual payment amount. The residual payment clears the invoice and incoming payment
and creates a new line item for the incoming payment.
C
The partial payment leaves the invoice as an open line item and creates a new line item
for the incoming payment. The residual payment clears the invoice and incoming payment and
post a new line item for the residual payment amount.
85
Payment differences that fall outside defined limits : One or more is correct.
A
When posting a residual item, you require a payment term. You can transfer the payment
term from the original invoice or default a separate payment item.
B
Grant only cash discount for the portion paid. The remaining discount can only be
granted once the outstanding receivable has been paid off in full, within the due date.
C
Limit the possible dunning levels.
86
Choice the False alternative:
A
It is possible to dun vendors as well as customers.
B
The dunning run update dunning data in dunned items and accounts.
C
One dunning form can be use for all dunning levels and dunning area.
D
After the dunning proposal is created, changes to the dunning data in items or master
data records will not be valid for the current dunning run.
87
Which accounts shall be considered in the dunning run ?
A
Dunning Accounts
B
C
D
Account Selection.
Dunning line items.
Reconciliation account.
88
What is the highest organizational unit which usually perform dunning ?
A
B
C
D
Client
Business Area
Company Code
Chart of account
89
Define the concept “account assignment variant” in check deposit? One or more is
correct.
A
The account assignment variants determines which fields are displayed during entry.
B
You can define the variants as you want in customizing.
C
You can not change variants during entry.
D
For some fields(document number, invoice amount), you can enter as many values as
required.
90
The local currency it is defined at the time the: One or more is correct.
A
B
C
D
Company code is created.
Document is posting.
Document header.
Chart of account is created.
91
Logistics integration, define procurement process :One or more is correct.
A
B
C
D
A plant must be assigned to exactly one company code.
Material valuation always takes place on the level of the plant. [** See note at next page.]
Material master records consist of a lot of views on different organizational.
A material can be assigned to several divisions.
92
[FI-AM] The chart of depreciation is defined at what level ?
A
B
C
D
Company code.
Asset class.
Client.
Plant.
93
[FI-AM] The country-specific chart of depreciation, delivered by SAP, contains a catalog of
depreciation areas that cannot be changed.
A
B
True.
False.
94
[FI-AM] Different company codes can be linked to one chart of depreciation.
A
B
True
False
95
[FI-AM] Several asset class can use the same account determination if: One or more is
correct.
A
B
C
D
They use the same chart of account.
Post to different G/L accounts.
Post to same G/L accounts.
The different company code.
96
[FI-AM] The status of each field in asset master record can be maintained at what levels ?
One or more is correct.
A
B
C
D
Asset class.
Asset main number.
Asset under construction.
Asset sub-number.
97
[FI-AM] Mark the correct statements : One or more is correct.
A
An asset use only one reconciliation account.
B
An asset must use more than one reconciliation account.
C
An asset uses balance reconciliation account.
D
An asset uses profit/loss reconciliation.
98
[FI-AM] Where do you define the reconciliation account that will be used by an asset?
A
B
C
D
Account determination in asset class.
Account number in fixed asset.
Account determination in depreciation area.
Account number in depreciation area.
99
[FI-SL] We do know that are differences between Cost-of-sales-accounting and period
accounting. What is the correct answer ?
A
Period accounting has the emphasis into matching the revenues for goods/or services
provided against the related expanses for those items.
B
Cost of sales accounting has the emphasis on summarizing the activity and situational
change over a period of time, for a given organizational unit.
C
Period accounting is divided into Costing based and into Account based.
D
Companies must choose to use one of these methods (Cost of sales or Period
accounting) for generating their legal financial statements.
100
[FI-SL] What is it validation ? One or more is correct
A
Allows you to define your own conditions for substituting specific fields.
B
Allows you to define your own individual checks for specific fields when a business
transaction is being processed.
C
Allows you to define your own account document.
D
Allows you to define your own account number.
101
[FI-SL] Transferring Data to Special Purpose Ledger is : On or more is correct.
A
Most data that enters the FI-SL System come from transactions occurring in many
different places.
B
A business transaction can enter the FI-SL System via another SAP application.
C
All data that enters the FI-SL System is processed by the integration manager.
D
The account assignment block, also called the coding block is a standard component
delivered with the SAP System. The user does not usually come into direct contact with
the coding block.
102
[FI-SL] Report Painter allows you to use characteristics in the : One or more is correct.
A
B
C
D
Line items
Rows
Base line date
Columns
103
[FI-GL] In accounting data which are the records that remain in the system for an extended
period of time ?
A
B
C
D
Transaction data
Master data
Document number
Invoices data
104
[FI-GL] Data relevant to mm functionality is stored in which segment of the vendor master
record ?
A
B
C
D
Client
Company code
Purchasing
Account group
105
[FI-TR] The house banks are identified by :
A
B
C
D
Bank name
Bank-ID
Account number
Address
106
[FI-GL] The payment terms are used to define : One or more is correct.
A
B
C
D
107
Baseline date for due date calculation.
Cash discount periods
The house bank
Cash discount percentage rates
[FI-GL] What are the ways to clear open items within an account in R/3 ? One or more is
correct.
A
B
C
D
Down payment transaction
Account clearing
Posting with clearing
Reversing documents.
108
[FI-TR] Bank statements you enter can be displayed, changed, or deleted before posting.
A
B
True.
False
109
[General Knowledge] Which statements are true ? A chart of accounts : One or more is
correct
A
B
C
D
Can be allocated to multiple company codes.
Can be defined as the group chart of accounts.
Only contains definitions for G/L accounts.
Can only be allocated to one company code.
110
[CO-OM-CCA] About the statistical key figures it is correct to say that : One or more is
correct.
A
Immeasurable value applicable to cost centers, profit centers, internal orders or
processes.
B
Measurable value applicable to cost centers, profit centers, internal orders or processes.
C
You can post both plan and actual values.
D
You can not use statistical key figures as a tracing factor.
111
[CO-OM-CEL] Expenses in financial accounting that are relevant to cost accounting are
recorded in Controlling using :
A
B
C
D
Primary cost elements
Primary expenses elements
Secondary cost elements
Secondary expenses elements
112
[CO-OM-PCA] About the profit center accounting, we can say that : One or more is correct.
A
It allows you to calculate external measurements of profitability.
B
It allows you to calculate internal measurements of profitability.
C
The external view of profitability reflects the success of a given profit center at meeting
the profitability goal for which it was given responsibilities.
D
The internal view of profitability reflects the success of a given profit center at meeting
the profitability goal for which it was given responsibilities.
113
[CO-OM-OPA] About the overhead costing sheet, the “dependency” has the following
functions, except by one; What is this one ?
A
It allows to differentiate overhead rates or amounts by plant.
B
It allows to differentiate overhead rates or amounts by company code.
C
It allows to differentiate overhead rates or amounts by profit center.
D
It allows to differentiate overhead rates or amounts by material origin.
114
[CO-OM-CCA] About the cost center, we can say that: One or more is correct.
A
Cost centers can be set up based on functional requirements, allocation criteria, activities
or services provided.
B
For the purposes of overhead cost controlling, cost centers are grouped together in
decision, control, and responsibilities units.
C
The standard hierarchy must be created and assigned to the company code. [** Note]
D
Cost centers can be assigned to the highest level node of the standard hierarchy
115
[CO-OM-CCA] About the activity types, we can say that :
A
It classifies the specific activities provided by a cost center along cost allocation lines.
B
It does not serve as tracing factor for this cost allocation.
C
The system calculates the associated cost based on the activity price and generates a
credit to the receiver and a debit to the sender for both the quantity and the costs.
D
The internal activity allocation is carried out via primary cost elements, which are stored
in the master data of the activity type master record.
116
[CO-OM-CCA] Postings of costs an revenues to CO can result in real and statistical
postings. Which of the following answers is(are) correct ?
A
B
C
D
Real postings cannot be managed.
Statistical postings can be allocated or settled to other controlling objects.
One, and only one, real posting is required in CO.
Real postings are for informational purposes only.
117
[CO-OM-CCA] About the actual activity type that can be entered on the sender, it is correct
to say that: One or more is correct.
A
It is possible to determine the total activity provided by the receiving cost center.
B
You generate the posting to the receivers by executing the indirect activity allocation.
C
You use an indirect activity allocation to distribute these posted activity quantities from
the receivers to the senders as defined in their segments.
D
For activities that can be measured and posted on a sender object, you can create a
manual entry, indirect allocation activity type. [**See note]
118
[CO-OM-CCA] Data from internal and external accounting should be reconcilable. Which is
(are) correct?
A
External postings to FI with a cost accounting effect are transferred automatically to the
appropriate Co application component.
B
The CO totals in the reconciliation ledger are not updated for the external postings.
C
If amounts are allocated within CO across company codes, functional areas or business
areas, the information do not need to pass back to FI, the R/3 system sends this data
automatically to the FI component.
D
It is not possible to use the reconciliation ledger to generate a posting that brings FI into
agreement with the CO postings.
119
[CO-OM-CCA] Assessment is designed for what?
A
B
C
D
It classifies the specific activities provided y a cost center along cost allocation lines.
Allocation of primary and secondary costs from a sender to receiver controlling objects.
Allocation of amounts within CO across company codes.
Activating plan integration with Orders and projects.
120
[CO-OM-CCA] For each fiscal year, you can make basic settings in the version affecting all
of planning. These settings include : One or more is correct.
A
B
C
Locking the version against any plan activity.
Saving exchange rate types for currency translation
Activating plan integration with orders and projects
121
[CO-OM-OPA] When creating an Overhead Cost Order, the rist order information which
must be entered is:
A
B
C
D
E
Order status
Order type
Settlement type
Currency
Classification code
122
[CO-OM-OPA] When creating an overhead cost order, the settlement rule must be entered
in the control data. Which settlement receivers are available for internal orders ?
A
B
C
D
E
Cost center
Orders
General ledger accounts
Asset
Vendor
123
[CO-OM-OPA] Which of the following statements regarding order numbers are correct ?
A
B
C
D
The order master record is uniquely identified by the order number within a client.
For internal orders, only internally assigned numbers are allowed.
The order is assigned to a particular number range group through the order type.
A separate number interval is required for each order type.
124
[CO-OM-CCA] Certain postings to a cost center can be blocked using a cost center
indicator. Which of the following blocking indicators can be selected ?
A
B
C
D
Primary costs actual/plan
Material withdrawals
Secondary costs actual/plan
Revenues actual / plan
E
Commitments
125
[CO-OM-CCA] When a cost center is created, certain basic data must be entered. Which of
the following are needed when creating a cost center.
A
B
C
D
E
Cost center category
Assignment to company code
Validity period
Assignment to cost element
Selection of activity unit
126
[CO-OM-CCA] Accounting can be divided into internal and external accounting. Which of
the following areas are part of internal accounting ?
A
Overhead Cost Controlling
B
Financial Accounting
C
Asset Management
D
Product Cost Controlling
127
[CO-OM-PCA] Assignment to profit centers – which statements are correct ?
A
Direct assignment of costs to a profit center is not possible because the profit center is
posted as a “shadow object”.
B
Revenues can be assigned directly to profit centers through Financial Accounting.
C
When material are withdraw from stock on cost centers, the profit center for the
consumption posting is derived from the material master record.
D
With outgoing invoices, the profit center of the customer is posted,
128
[FI-GL-POSTINGS] Choose the correct statements regarding the document, posting, and
entry dates of accounting documents. Note! More than one answer is correct.
A
B
C
D
E
The posting period is determined by the document date.
The document date must be the same as the invoice date.
The posting date must be the same as the entry date.
The posting period is determined by the posting date.
The entry date is the same as the operating systems’ date.
129
[FI-GL-MASTER DATA] Which the following statements about creating customer master
records are correct ?
A
An account group always gets assigned to a customer.
B
The company code is always a required entry.
C
The account number may be assigned by the user externally.
D
Information on each screen may be defined in configuration as mandatory, suppressed or
optional, depending upon the account group.
E
Information on each screen may be defined in configuration mandatory, suppressed or
optional, depending upon the company code.
130
[CO-OM-CCA] Which the following statements are true ? Note! More than one answer is
correct.
A
B
C
D
E
Each Cost center must be part of the standard hierarchy.
You can define multiple hierarchies.
Multiple cost center areas can be grouped together in parent nodes.
The cost center hierarchy can contain cost centers and activity types.
A node represents a summarization of multiple costs centers.
131
[FI-GL-MASTER DATA] Which the following SAP items can be inputted during the creation
of a vendor master record ? Note! More than one answer is correct.
A
B
C
D
E
The account group.
The field status definition.
The document type.
A reference vendor.
The number range interval of the document type.
132
[FI-GL-Organizational Structure] Which structure provides an environment for analyzing
market profitability, even allowed for customer defined segments ?
A
Controlling area.
B
Business area.
C
Operating concern.
D
Company code.
133
[ FI-GL-Organizational Structure] A Business Area is:
A
The legal unit of consolidation to which company codes are assigned.
B
The organization entity for which balance sheets as well as profit & loss statement can be
executed across company codes covering a company’s main areas of operation.
C
The smallest organization unit for which a complete self-contained set of books can be
executed.
D
Identifies an independent organizational structure within a company, which includes all
functions for internal cost and revenue accounting.
134
[ FI-GL-Organizational Structure] Which chart of accounts is always required ?
A
B
C
D
Group chart of accounts.
Country chart of accounts.
Operating chart of accounts.
Alternative chart of accounts.
135
[FI-GL-MASTER DATA] Define GL Account Group. Note! More than one answer is correct.
A
The GL accounts group is a classifying for general ledger master records.
B
The account group only determines in which number interval the GL account number
must reside.
C
The account group determines the fields for data entry screens if you create or change a
master record in a company code.
D
The account group also determines in which number interval the GL account number
must reside.
136
[FI-GL-MASTER DATA] Field Status group control:
A
B
C
D
The number range.
The account type.
The fields for data entry screens.
The GL account group.
137
[FI-GL-MASTER DATA] How many levels the GL account Record has and what are they?
A
B
C
D
3 levels – client, chart of account and specific level.
2 levels – company code and client level.
2 levels – company code and chart of account level.
1 level – GL master record.
138
[FI-GL-MASTER DATA] The reconciliation Account : Note! More than one answer is
correct.
A
B
C
D
Ensures real-time integration of subledger account with the general ledger.
Itself is not designed for direct posting.
Is defined on the client portion of the company code.
Can be defined for customer, vendor and asset account types.
139
What type of data refers to documenting action-oriented business events.
A
B
C
D
Master data.
Transaction data.
Production data.
Accounting data.
140
Master data includes which of the following.
A
B
C
D
Employee Information.
Sales Information.
Backorder information.
Product information.
141
Which module of R/3 includes na organization’s bank data ?
A
B
C
D
Controlling.
Financial accounting
Investment management.
Treasury.
142
Which of the following is a benefit of the open system architecture feature of the SAP R/3
?
A
B
The plattaform can be translated across different hardware design.
The system can be configured and customized according to an organization’s
Specifications.
C
D
The system modules can be installed all in once, singly or in any combination.
the applications in the system are expandable.
143
The SAP R/3 system automates business processes using which of the following types of
information?
A
B
C
D
Accounting and production data
Accounting, production and sales data
Production, receiving and stock status
Configuration, master and transaction data.
144
Mark the correct statements:
A
The modularity of the SAP R/3 gives an organization added flexibility and
B
efficiency of its supply chain management
The SAP R/3 system does not usually provide real-time processing and
improves the
instead utilizes
batch processing for handling most business processing related
transactions.
C
You can prevent some of the problems in your system by installing the
D
E
F
H
available in the OSS.
A client represents the highest level group of data within the R/3 system.
The SAP R/3 system was initially envisioned to be a mainframe product
The SAP R/3 system supports client-server architecture.
The human resource module is not responsible for training the
G
SAP AG heavily relies on their partnership with consulting organizations
patch software
employees
for
I
reference model
J
of their SAP R/3
implementation support.
The workflows in your organization can be configured using the
The project team defines the clients that are used by end-users as part
system implementation process.
145
Which layer of the R/3 contains the SAPGUI software component for the graphical user
interface ?
A
B
C
D
The application layer
The network layer
The presentation layer
The database layer
146
The validation of data entered by an SAP R/3 users is done :
A
B
C
D
In the presentation layer
In the application layer
In the database layer
By the SAPGUI layer
147
The presentation software sends the data entered by the user to the ?
A
B
C
D
Presentation layer
Application layer
Database layer
SAPGUI program
148
Mark the correct statements
A
In a distributed presentation, the presentation layer and the application
layer resides on
B
operating system
the client.
The SAP R/3 Basis software is only responsible for providing the
C
D
services to the SAP R/3 applications.
The background program cannot read from the database.
The SAP R/3 software provides the system administration tools for the
E
There can be only one application layer in a tree-tier SAP R/3
F
The dialog program can directly update the database.
entire system.
configuration
149
The SAP Basis software is
A
B
C
D
A firmware
A groupware
A hardware
A middleware
150
Which layer of the SAP R/3 basis software processes requests for data storage and
retrieval
to the underlying database management system?
A
B
C
D
The presentation layer
The network layer
The database layer
The application layer
151
Which of the following is not a require parameter to log on the system ?
A
B
C
D
Client
User-Id
Language code
Password
152
Mark the correct statements.
A
You must enter both old and new password in the new password dialog
B
If you turn off the power supply of your workstation, you will automatically
box
be logged
off from the system.
C
You can use function keys to execute common tasks that are also
accessible through the
standard toolbar.
D
The menu options are identical regardless of the transaction being
performed.
153
Mark the correct statements.
A
B
C
D
A field can be activated using the SHIFT key.
A field can be activated using the TAB key.
A field can be activated by clicking the field with the mouse.
The input field is the dialog window that lets you interact with the SAP
E
The screen is the dialog window that lets you interact with the SAP R/3
R/3 system.
system.
154
How you determine whether there is a sub-menu available for a particular menu option ?
A
B
C
D
A button titled SUB-MENU appears in the menu bar
An arrow appears to the right of a menu item
A blinking menu item appears
A bolded menu item appears
155
Mark the correct statements
A
B
The Dynamic Menu is a tool to find transaction codes
A transaction code is present on the right hand side of the menu option
in the Dynamic
Menu.
Not every transaction has a transaction code associated to it
D
You can enter the transaction code in the main menu window
command field to start the
transaction
E
User defaults do not go into effect until the next time you log on to the
SAP R/3 system.
C
156
Mark the correct statements
A
You can use the set data and hold data functions to avoid entering data
B
same value.
You can use the set data and hold data functions to avoid repeated data
that repeats the
entry for fields
C
was set through the
requiring identical data.
You cannot change the field value in a transaction screen if the value
user parameter screen.
D
F
explained by using
You can access the R/3 library from any screen in the system.
The online glossary allows you to find specific words of terms to be
the SEARCH button.
157
Which of the following options allows you to access Help for field entries.
A
B
Double clicking on the green check button.
Placing the cursor in the field you want information about and clicking the
C
Clicking the red “X” button after you typed “FIND” in the field select in the
“?” button.
Help >
Glossary menu path.
158
You can change your password
A
B
C
Before entering your log in parameters
After entering your log in parameters
By pressing CTRL P on your keyboard prior to entering your password.
159
If you receive a message on the status bar and you do not understand the message, or if
you need further explanations, you should:
A
B
C
D
Access the Getting Started function
Access the Master Data function
Access the Online Help
Access the R/3 Library
160
Which of the following represents the area of responsibility for sending payment requests
for past due open items ?
A
B
C
D
The credit control area
The business area
The dunning area
The company code
161
Which of the following is required for internal management reporting only ?
A
B
C
D
The credit control area
The business area
The dunning area
The company code
162
Which of the following represents an independent legal business entity required to issue
financial statements ?
A
B
C
D
The credit control area
The business area
The dunning area
The company code
163
Mark the correct statements:
B
systems
A
A controlling area can be assigned to only one company code.
Several company codes can be defined within each client in the same SAP R/3
installation. You can compare the financial performance of the company codes
across
C
systems
the clients as all data is maintained in the same system.
Several company codes can be defined within each client in the same SAP R/3
installation. You can compare the financial performance of the company codes
within a
D
client and not across the clients.
ABC, Inc. USA and ABC Inc. Europe are two subsidiary companies of XYZ Co.
ABC
USA and ABC Europe must be configured as two clients when implementing the
SAP
R/3 system at XTZ Co.
164
Mark the correct statements:
A
B
The Client is an optional unit in the Purchasing Organization structure.
A central Purchasing Organization can serve plants in different
companies
C
Plants ABC1 and ABC2 require an specific raw material for their manufacturing
process. ABC1 requires it in 200 Kg drums and ABC2 requires it 100 drums.
You can assign a single Purchasing Group 02 to material for both plants.
D
A Plant can be assigned to more than one company code.
E
More than one Plants can be assigned to one company code.
165
Mark the correct statements:
A
In the SAP R/3 system a Sales area can be assigned to multiple company codes.
B
In the SAP R/3 system a Sales area is made up of a combination of Sales
Organization, Distribution Channel and Division. A sales Organization can be
assigned to only one company code; therefore, a Sales area belongs to one company code only.
C
A company code cannot be linked to more than one personnel area.
D
Since the SAP R/3 system is delivered with pre-defined employee groups, you
cannot create new Employee Groups in the system.
166
The functions of the Purchasing Organization include:
A
B
C
D
Procurement of Material and Services.
Reaching and agreement on terms and conditions with customers
Reaching and agreement on terms and conditions of purchase with vendors.
A and C
167
Which of the following is not part of the production organization.
A
B
C
D
The client
The controlling area
The company code
The plant
168
Which of the following statements is incorrect
A
B
C
D
production line.
Storage locations are not assigned to plants
Storage locations may be defined as individual storage bins
Storage locations can be warehouses in which finished goods are stored
Storage locations can be areas in which raw materials are stored along a
169
In dunning program for clearing between customer and vendor, the following is
true….(single)
1.
Same dunning procedure must be defined for both customer and vendor.
2. Different dunning procedure must be defined for both
3. If no procedure is defined both will use default procedure
170
Solution Manager is the answer for followings , select the right ones
1. How to ensure successful implementation (functional and technical) as well as
operation of core business process
2. How to secure the technical installation and operation
3. How to facilitate customer’s IT dept. and other business units
4. How SAP can ensure continuous improvement of customers business solution
5. How can SAP ensure the best in class support