Unitel Software Junior SAP Fico Consultant Interview Questions and Answers

The enterprise structure refers to the way an organization is organized in terms of its business units, divisions, and geographical locations.

• The enterprise structure in SAP FICO includes company code, business area, and functional area.

• It helps in defining the financial reporting structure and facilitates the flow of data within the organization.

• The enterprise structure is crucial for setting up the organizational hie...read more

Different types of documents in SAP Fico and their number ranges

• Customer invoices - number range 1-10000

• Vendor invoices - number range 10001-20000

• Credit memos - number range 20001-30000

• Payment documents - number range 30001-40000

APP Run in SAP FICO refers to the Automatic Payment Program for managing vendor payments efficiently.

• APP Run automates the payment process to vendors, reducing manual effort.

• It allows for scheduling payments based on due dates and payment terms.

• Users can customize payment methods, such as bank transfers or checks.

• Example: A company can set up APP to pay all invoices due within the next week.

• The program generates paymen...read more

FI and MM integration in SAP ensures seamless financial and material management processes.

• 1. Automatic posting of invoices: When a goods receipt is posted in MM, it automatically creates a corresponding accounting document in FI.

• 2. Integration of purchase orders: When a purchase order is created in MM, it reflects in FI for budget control and financial planning.

• 3. Inventory valuation: The value of inventory in MM is li...read more