Fico model questions

Can some help me to get fico model questions..

Hi
Some of the FICO Q's are as follows:-
1. I have created GL master without selection open item management and I have posted business transactions to that GL. Now client wants to change that GL to open item management. is it possible...how?
2. While creating asset master we have two options. One is using asset class and another one is using existing asset master. Here the question is what default values to be provided by asset class and existing asset master to newly created asset master?
3. What is the role of FI consultant in FI-SD integration?
4. Give some examples of GL accounts that should be posted automatically through the system and how is this defined in the system.
5. What is an Account group and where all is it used?
6. What is a field status group?
7. What is a Financial Statement Version?
8. How are input and output taxes taken care of in SAP?
9. What are Validations and Substitutions?
10. Is it possible to maintain plant wise different GL codes?
11. Is Business area at company code Level?
12. What are the different scenarios under which a Business Area or a Profit Center may be defined?
13. What are the problems faced when a Business area is configured?
14. Which is the default exchange rate type which is picked up for all SAP transactions?
15. Is it possible to configure the system to pick up a different exchange rate type for a particular transaction?
16. What are the Customizing prerequisites for document clearing?
17. Explain the importance of the GR/IR clearing account.
18. How is Vendor Invoice payments made?
19. How do you configure the automatic payment program?
20. Explain the entire process of Invoice verification from GR to Invoice verification in SAP with accounting entries?
21. How are Tolerances for Invoice verification defined?
22. Can we change the reconciliation account in the vendor master? If so, and how? What is the impact on the old balance?
23. What is the difference between primary and secondary cost elements?
24. What is the difference between Assessments and distributions?
25. What is the difference between profit center and profitability analysis?
26. What is the difference statistical order and real orders in internal orders?
27. What is statistical key figure?
28. What is the difference between Cost center and internal orders?
The above are only a few. If you browse throughe you will come across various sites providing SAP FICO questions.
Regards
Phani

Similar Messages

  • Fico interview questions and Real time tickets with resoving details

    MODERATOR:  Do not post (or request) email address or links to copyrighted or confidential information on these forums.  If you do, the thread will be LOCKED and all points UNASSIGNED.
    hi sap gurus
                    i have done sap-fico iam in job trails. can any body help me    Fico interview questions and Real time tickets with resoving details
    regards
    prasad.v
    Edited by: chinna prasad on Jun 5, 2008 4:10 PM

    Hello Prasad,
    Before attending interviews.....First you need to understand general things like CV writing, projects, sub modules etc., you should be gain knowledge on these concepts then you can move further.
    1. CV 2.Projects 3.your strenths in sap (reading..reading...reading....practice...practice...practice)
    2.you please interact with your friends who is on trails, then you can get more information like interview process, methodology, technical etc.,
    I am sending some real time interview tech questions which will useful for you.
    Questions:
    1.When tickets are raised by end users who will give priority? After resolve the tickets who will close the status?
    2.In real time at a time how many normal periods, special periods, MM periods we can open?
    3.What is client dependant & Independent?
    4.How to transport configuration settings from one client to another client or production client, which tools we can use for transport?
    5.Why we donu2019t assign business area to company code?
    6.What is the difference between General GL A/c, Control A/c, Reconciliation A/c & Offsetting A/c?
    Answers:
    1.The priority is generally decided by the Coordinator on the client side. After tickets are resolved, they will have to be closed by the coordinator on the customer site
    2. In FI as many as you wants. In MM only 2 (current month + previous
    3.Certain tables and customizations made in one client will affect the other clients also - then it is cross client i.e, client dependent. While if the changes made in one client has no impact on the other client - it is said to be client independent
    4.Transports from one server to the other can be made with the help of transport requests. When a configuration is done the system generates a request number. First release the task and then release the request. Use TC-SE10 / SE09, SE09: workbench transport; SE10: customizing transport. But currently no such difference actually exists.
    5.because in case of multiple company codes, same business area can be used across company codes. Business area is cross company code, means it is not confined to one company code thatu2019s why we don't assign BA to any of the company codes. It is client dependant, not company code dependant. We can pass values from one company code to any of the BA in that client.
    6.General GL Account are those used for standard posting like for example Income and Expenses Accounts
    - Control Account are basically used for reconciliation between modules like FI and CO, to ensure that both the modules are in sync.
    - Reconciliation Account are those specific covering ADK (A-Assets, D-Customer, K-Vendor). For example a Customer Master would be mapped to a Bills Receivable Reconciliation Account and any transaction that needs to be posted are done against the customer code.
    - Offsetting Account are used for variety of reasons and few examples are Intercompany Postings, at the time of Implementation when TB and Balance sheet are uploaded would be offsetted against a dummy account.
    All the best.....dont forget and pl assign points if useful and if u have any querries pl revert back
    thanks
    Anil

  • Need SRM Library and model question

    Hello,
    I am going to write SRM Certification Exam.
    can any body help how to down load the SRM Library from internet,i wanted to prepare offline in home.
    and also need some model question papers and material.
    pl.send to my e-mail:[email protected]
    thanks.

    Hi
    <b>Please download the SAP SRM Libraray from the link below.</b>
    http://help.sap.com/content/documentation/sbs/docu_sbs_srm.htm
    Also, Sent the require details at your email id. )
    Regards
    - Atul

  • I need scjp 1.5 model questions...

    i am preparing for SCJP1.5 which i should have to write before the end of this year.
    i am reading Kathey sierra for that.
    and i am testing myself by doing questions in Danchilosm and khalid moghal book.
    one more thing is i have test killer also...
    let me know the name of the sites from which we can get similar model questions in SCJP exam.
    can you help me by sending response?

    don't crosspost.

  • I want scjp1.5 model questions......

    i am preparing for SCJP1.5 which i should have to write before the end of this year.
    i am reading Kathey sierra for that.
    and i am testing myself by doing questions in Danchilosm and khalid moghal book.
    one more thing is i have test killer also...
    let me know the name of the sites from which we can get similar model questions in SCJP exam.
    can you help me by sending response?

    You can also try this website
    http://www.javaranch.com/
    This site was originally created by Kathy Sierra

  • SRM4.0 procurement cerification model questions

    Hi All,
    Could you please forward me SRM4.0 procurement cerification model questions and any helpful material regarding this.
    Reward points are sure.
    Thanks in advance.
    Regards,
    Murali

    Hi,
    Thanks for your immediate response.
    My mail Id: [email protected]
    Regards,
    Murali

  • Ibm Written Test Model Questions Plz

    Hi Experts
    Can Any one send me IBM written test model questions plz .tomorrow i have test with IBM .....
    Thnx In Advance....

    Hi,
    you can have the material in the following link.
    http://www.123eng.com/forum/viewtopic.php?t=105
    HOpe it could help you.
    Note: plz reward with points if it is useful to you.
    regards
    Rakesh

  • SAP Netweaver Certification model questions

    Please can any one post SAP Netweaver Certification model questions.
    Thanks
    VK
    Message was edited by: Venu Kanjarla

    HI tadm10_1 and tadm10_2 and tadm12_1 and tadm12_2 and tadm 51 i have this pdf if u want mail me [email protected] (for cost)

  • CRM model questions

    Dear Experts,
    I am planing to attend the SAP Tech for CRM Sales( Professional). If any body is having the model question of CRM  Pls guide me . It will be helpful for preparing the SAP Tech( CRM Sales - professional).
    Regards
    Ashwini

    Hi Ashwini,
    Check this out....
    http://www.sap.com/services/education/certification/levels/crmsalesexam.epx
    Amit

  • Controlling model questions

    Dear SAP Guru's,
    Kindly provide me Controlling Model Question papers. My Controlling cetificqation is on 26th June. Removed by Moderator
    Humbly request you to help me.
    Thanks
    Deepak
    Edited by: Lakshmipathi on Jun 20, 2010 7:33 PM
    Dont deviate the forum rules by asking to share the information to personal mail id

    me too, but I was so deceived not to found Model questions that I just did not resist posting "anything" about the MODEL clause !
    well, to find sample question, just go to the oracle certification homepage than you will find selftestsoftware.
    However, revealing content of the exams is not allowed and nobody will do that here...

  • Model questions

    I am gonna give the Oracle 9i DBA first modules(SQL and Fundamental 1) exams. Can anyone supply some model question papers for online which can give me some idea??? Thanks in advance.

    me too, but I was so deceived not to found Model questions that I just did not resist posting "anything" about the MODEL clause !
    well, to find sample question, just go to the oracle certification homepage than you will find selftestsoftware.
    However, revealing content of the exams is not allowed and nobody will do that here...

  • SAP ABAP Workbench Certification - Model Question Papers

    Hi All,
    Can any one of you please help me by sending the SAP ABAP workbench certifcation model question papers with answers,if possible for examination TAW10 and TAW12
    Thanks and Regards
    E Karthikeyan

    Hi,
    It is not possible to get any model question papers for SAP certification exams. In the syllabus mentioned you will have () symbol on most of the topics concentrate on the topics with two or three() you will get more questions on those sections. Thats all we can do.
    regarding the exam
    You can go back to any question whether you have answered or not and change the answers anytime during the test.

  • OCA DBA 1Mock exams&mODEL QUESTION PAPERS

    Hi,
    Iam preparing for OCA exam,anyone can help me by providing good model question papers.And also i need to test myself is there any mock exams.
    If anyone helps me kindly appreciated.
    Thanks,

    Just a reminder:
    "Oracle reserves the right to take action against any candidate involved in fraudulent activities, including, but not limited to, fraudulent use of vouchers, promotional codes, reselling exam discounts and vouchers, cheating on an exam, alteration of score reports, alteration of completion certificates, violation of exam retake policies or other activities deemed fraudulent by Oracle.
    If Oracle determines, in its sole discretion, that fraudulent activity has taken place, it reserves the right to take action up to and including, but not limited to, decertification of a candidate's OCA, OCP and/or OCM credentials, temporary, indefinite or permanent ban of a candidate from Oracle certification programs, notification to a candidate's employer, and notification to law enforcement agencies. Candidates found committing fraudulent activities forfeit all fees previously paid to Oracle, or to Oracle's authorized vendors, and may be required to pay additional fees for services rendered."
    Tom

  • Java.lang.ClassCastException: org.model.Question

    I'm trying to typecast a list of question Objects to Object StudyQuestionPage. Im doing this becase i want to set the list of question to its boolean validate property to validate the return of validate. Im getting a typecast error:
    [ROOT] ERROR [http-8080-1] DispatcherUtils.serviceAction(237) | Could not execute action
    java.lang.ClassCastException: org.model.Question
    at org.webapp.action.DemogAction.saveQuesOrder(DemogAction.java:1147).
    Here is the code of what im doing:
    questionsList = demogManager.getQuestions(sqp);
    for(Object sqpTemp:questionsList){
         questionTemp = (StudyQuestionsPage)sqpTemp; <---- /* im getting the line error here*/
         questionTemp.setValidate(validate);
         studyPageManager.saveStudyPage(sqp);
    }

    shendel wrote:
    I'm trying to typecast a list of question Objects to Object StudyQuestionPage. Im doing this becase i want to set the list of question to its boolean validate property to validate the return of validate. Im getting a typecast error:
    [ROOT] ERROR [http-8080-1] DispatcherUtils.serviceAction(237) | Could not execute action
    java.lang.ClassCastException: org.model.Question
    at org.webapp.action.DemogAction.saveQuesOrder(DemogAction.java:1147).Okay so?
    You don't have a StudyQuestionPage you have an org.model.Question. If StudyQuestionPage extended org.model.Question then you could, but it doesn't so you can't.

  • Carear in FICO Model

    Hello,
    Thanks for sharing above info...
    Am MBA-FINANCE graduate having experience of Finance Domain of 1.5Yrs..
    Am  planing to pursue FICO model from Pune ...
    Wan to knw whether is it right time for pursuing the  course ?? (As am having exp of only 1.5Yrs)
    I also want to knw more about Placement Assistance of Genovate Pune .....

    Hello Amod,
    As per your details, you have some knowledge regarding Finance. So you can start with SAP FICO module. As SG Sg also commented, it will help you to learn SAP FICO, FICO is somehow related to Finance and related concepts so it will help you to build a good start in FICO. So its a good time to learn FICO.
    And as per placement thing.  I am not sure about institute, but some facts i would like to share with you. Like No Institute can make sure that they will provide a job after your training got over,if they are doing then ask them to give a written note for the same . IF you are going for Certification also then same case with Certification , No Jobs Surety based on Certification only.
    Never be afraid to fail, Be afraid not to try. Just do it..  
    BR
    ChanS

Maybe you are looking for