ACC SAP Fico Consultant Interview Questions and Answers

The business process refers to the series of steps or activities that are undertaken to achieve a specific business goal.

• Identifying the business goal or objective

• Mapping out the steps or activities required to achieve the goal

• Assigning responsibilities to individuals or departments

• Implementing the process

• Monitoring and evaluating the process for effectiveness

FI-MM integration refers to the seamless flow of financial and material management data between SAP FI and SAP MM modules.

• FI-MM integration allows for automatic posting of accounting entries based on material movements in MM module.

• It ensures accurate and real-time financial reporting by linking procurement, inventory management, and accounting processes.

• Integration helps in tracking costs, managing budgets, and optimi...read more