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Accenture SAP Fico Consultant Interview Questions and Answers

Updated 8 May 2025

25 Interview questions

A SAP Fico Consultant was asked 1mo ago
Q. Explain the entire Procure-to-Pay (P2P) cycle process.
Ans. 

The P2P cycle involves procurement processes from requisition to payment, ensuring efficient supply chain management.

  • 1. Purchase Requisition: Initiated by departments to request goods/services.

  • 2. Purchase Order: Converted from requisition, sent to vendors for confirmation.

  • 3. Goods Receipt: Verification of received goods against the purchase order.

  • 4. Invoice Verification: Matching invoices with purchase orders and ...

A SAP Fico Consultant was asked 2mo ago
Q. What are the types of entries?
Ans. 

SAP FICO entries include various types such as journal entries, asset postings, and invoice entries for financial reporting.

  • Journal Entries: Used for recording financial transactions, e.g., sales or expenses.

  • Asset Postings: Involves the acquisition or depreciation of fixed assets.

  • Invoice Entries: Captures vendor or customer invoices for accounts payable and receivable.

  • Adjustment Entries: Made to correct errors in ...

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A SAP Fico Consultant was asked 2mo ago
Q. What is the need for bookkeeping?
Ans. 

Bookkeeping is essential for accurate financial tracking, compliance, and informed decision-making in businesses.

  • Ensures accurate financial records: Helps track income and expenses systematically.

  • Facilitates tax compliance: Accurate records simplify tax preparation and filing.

  • Supports financial analysis: Enables businesses to analyze trends and make informed decisions.

  • Aids in budgeting: Provides historical data fo...

🔥 Asked by recruiter 2 times
A SAP Fico Consultant was asked 2mo ago
Q. What is accounting?
Ans. 

Accounting is the systematic process of recording, analyzing, and reporting financial transactions.

  • It involves tracking income, expenses, assets, and liabilities.

  • Example: Recording sales revenue when a product is sold.

  • It helps businesses make informed financial decisions.

  • Example: Preparing financial statements like balance sheets and income statements.

  • Accounting ensures compliance with laws and regulations.

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Job offer in Malaysia - legit or scam?
Hey everyone, I received a job proposal from Mindgraph for a Junior Mainframe Developer position in Malaysia (onsite). Not sure if it's a real deal. They found my resume on Naukri and the offer includes: * Experience: 3+ years on cardlink, VSAM, CICS, JCL * Location: Malaysia (Accenture client in Kuala Lumpur) * Notice: 0-60 days * Benefits: One-way ticket, 1-week stay, medical insurance, visa. Has anyone heard of Mindgraph or had a similar experience? Note : This is a permanent position with Mindgragh and you need to work with our client Accenture - Malaysia (Kaula Lumpur) & we will provide one way Air Ticket from India - Malaysia, 1 Week Accommodation, Medical Insurance and will take care of the Visa process also. Any insights would be appreciated!
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A SAP Fico Consultant was asked 2mo ago
Q. What are application servers?
Ans. 

Application servers in SAP FICO manage business logic and data processing for financial transactions and reporting.

  • Application servers handle user requests and execute business logic.

  • They communicate with database servers to retrieve and store data.

  • Examples include SAP NetWeaver Application Server and SAP S/4HANA.

  • They support various protocols like HTTP, RFC, and more.

  • Load balancing can be implemented across multi...

A SAP Fico Consultant was asked 2mo ago
Q. What are the attributes of accounti6?
Ans. 

Accounting attributes define the characteristics and functionalities of financial accounts in SAP FICO.

  • Account Type: Defines whether the account is a balance sheet or income statement account.

  • Account Group: Categorizes accounts for reporting and control purposes, e.g., 'Assets', 'Liabilities'.

  • Currency: Specifies the currency in which the account transactions are recorded, e.g., USD, EUR.

  • Reconciliation Account: Lin...

🔥 Asked by recruiter 4 times
A SAP Fico Consultant was asked 2mo ago
Q. What is SAP?
Ans. 

SAP is a leading enterprise resource planning (ERP) software that integrates various business processes and functions.

  • Founded in 1972 in Germany, SAP stands for Systems, Applications, and Products in Data Processing.

  • SAP ERP helps organizations manage business operations in areas like finance, logistics, and human resources.

  • SAP FICO (Financial Accounting and Controlling) is a core module that handles financial tran...

Are these interview questions helpful?
A SAP Fico Consultant was asked 2mo ago
Q. What is summarization?
Ans. 

Summarising involves condensing information to highlight key points and essential details for clarity and understanding.

  • Summarising helps in distilling large volumes of data into manageable insights.

  • For example, summarising a financial report can highlight key metrics like revenue, expenses, and profit margins.

  • In SAP FICO, summarising financial data can aid in quick decision-making and reporting.

  • Effective summaris...

A SAP Fico Consultant was asked 6mo ago
Q. What are the different project types?
Ans. 

Project types in SAP FICO define the nature and scope of financial projects, impacting configuration and reporting.

  • 1. Investment Projects: Focus on capital expenditures, e.g., construction of a new facility.

  • 2. Customer Projects: Related to specific customer contracts, e.g., custom software development.

  • 3. Internal Projects: For internal improvements, e.g., system upgrades or process reengineering.

  • 4. Research and De...

A SAP Fico Consultant was asked 6mo ago
Q. Explain the APP process.
Ans. 

The APP process in SAP FICO automates the payment process to vendors, enhancing efficiency and accuracy.

  • APP stands for Automatic Payment Program, which streamlines vendor payments.

  • It allows for batch processing of payments, reducing manual effort.

  • Configuration includes setting up payment methods, company codes, and bank details.

  • Example: A company can schedule payments to multiple vendors on a specific date.

  • The pro...

Accenture SAP Fico Consultant Interview Experiences

19 interviews found

Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Nov 2024. There was 1 interview round.

Round 1 - Technical 

(3 Questions)

  • Q1. Explain APP process
  • Ans. 

    The APP process in SAP FICO automates the payment process to vendors, enhancing efficiency and accuracy.

    • APP stands for Automatic Payment Program, which streamlines vendor payments.

    • It allows for batch processing of payments, reducing manual effort.

    • Configuration includes setting up payment methods, company codes, and bank details.

    • Example: A company can schedule payments to multiple vendors on a specific date.

    • The program ...

  • Answered by AI
  • Q2. Can we clear Noted item through APP
  • Ans. 

    Noted items cannot be cleared through Automatic Payment Program (APP) in SAP FICO.

    • Noted items are typically used for informational purposes and do not affect financial accounting directly.

    • APP is designed to clear open items that are due for payment, such as invoices and vendor payments.

    • For example, if a noted item is related to a customer dispute, it won't be cleared through APP until resolved.

  • Answered by AI
  • Q3. What are project types
  • Ans. 

    Project types in SAP FICO define the nature and scope of financial projects, impacting configuration and reporting.

    • 1. Investment Projects: Focus on capital expenditures, e.g., construction of a new facility.

    • 2. Customer Projects: Related to specific customer contracts, e.g., custom software development.

    • 3. Internal Projects: For internal improvements, e.g., system upgrades or process reengineering.

    • 4. Research and Develop...

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Hard
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Approached by Company and was interviewed in May 2024. There was 1 interview round.

Round 1 - Technical 

(9 Questions)

  • Q1. What is the difference between down payment and down payment request
  • Ans. 

    Down payment is a partial payment made before goods/services are delivered, while down payment request is a formal request for a down payment.

    • Down payment is made by the customer to secure an order, while down payment request is initiated by the vendor to request a down payment from the customer.

    • Down payment is a financial transaction, while down payment request is a formal document.

    • Down payment is usually a percentage...

  • Answered by AI
  • Q2. General ledger control data tab which field we have seen
  • Ans. 

    In the general ledger control data tab, we can see fields like chart of accounts, account group, reconciliation account, etc.

    • Chart of accounts field displays the chart of accounts assigned to the company code

    • Account group field specifies the account group for the G/L account

    • Reconciliation account field shows the reconciliation account for vendors or customers

  • Answered by AI
  • Q3. Explain down payment step by step
  • Ans. 

    Down payment is a partial payment made by a customer before receiving goods or services.

    • Customer requests down payment to be made

    • Vendor creates down payment request in SAP

    • Customer makes partial payment

    • Vendor delivers goods or services

    • Down payment is cleared against final invoice

  • Answered by AI
  • Q4. Explain AUTOMATIC PAYMENT PROGRAM
  • Ans. 

    Automatic Payment Program is a feature in SAP FICO that allows for automated payment processing.

    • Automates the process of making payments to vendors or customers

    • Can be scheduled to run at specific intervals

    • Allows for customization of payment methods and parameters

    • Reduces manual effort and errors in payment processing

  • Answered by AI
  • Q5. In app explain ranking order
  • Ans. 

    Ranking order refers to the sequence in which items or individuals are arranged based on a specific criteria or attribute.

    • Ranking order is used to determine the relative position or importance of items in a list.

    • It can be based on factors such as performance, value, or priority.

    • For example, in a sales report, products can be ranked in order of highest to lowest sales revenue.

  • Answered by AI
  • Q6. CONTROL DATA GL TAX FIELD EXPLAIN
  • Ans. 

    Control data GL tax field is used to manage tax-related information in the General Ledger.

    • Control data GL tax field is used to specify tax codes for different tax types.

    • It helps in determining the tax amounts to be posted to the General Ledger accounts.

    • The tax field can also be used to track tax exemptions or special tax treatments.

    • It is important to ensure that the tax field is correctly configured to comply with tax ...

  • Answered by AI
  • Q7. EXPLAIN O2C PROCESS
  • Ans. 

    O2C process refers to Order to Cash process which involves receiving and fulfilling customer orders.

    • Customer places an order

    • Order is processed and goods/services are delivered

    • Invoice is generated and sent to customer

    • Payment is received from customer

    • Accounts receivable is updated

  • Answered by AI
  • Q8. EXPLAIN P2P PROCESS
  • Ans. 

    P2P process stands for Procure to Pay process, which involves all steps from requisition to payment for goods or services.

    • Requisition: Request for goods or services

    • Purchase Order: Formal order placed with supplier

    • Goods Receipt: Receiving and inspecting goods

    • Invoice Verification: Matching invoice with purchase order and goods receipt

    • Payment: Settling the invoice

  • Answered by AI
  • Q9. VALIDATION AND SUBSTITUTION

Interview Preparation Tips

Interview preparation tips for other job seekers - CONTINUE PRACTICE

SAP Fico Consultant Interview Questions & Answers

user image pulaganti rohith

posted on 13 Apr 2025

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
Selected Selected
  • Q1. What is sap
  • Ans. 

    SAP is a leading enterprise resource planning (ERP) software that integrates various business processes and functions.

    • Founded in 1972 in Germany, SAP stands for Systems, Applications, and Products in Data Processing.

    • SAP ERP helps organizations manage business operations in areas like finance, logistics, and human resources.

    • SAP FICO (Financial Accounting and Controlling) is a core module that handles financial transacti...

  • Answered by AI
  • Q2. What are the application servers
  • Ans. 

    Application servers in SAP FICO manage business logic and data processing for financial transactions and reporting.

    • Application servers handle user requests and execute business logic.

    • They communicate with database servers to retrieve and store data.

    • Examples include SAP NetWeaver Application Server and SAP S/4HANA.

    • They support various protocols like HTTP, RFC, and more.

    • Load balancing can be implemented across multiple a...

  • Answered by AI
  • Q3. What is the accounting
  • Ans. 

    Accounting is the systematic process of recording, analyzing, and reporting financial transactions.

    • It involves tracking income, expenses, assets, and liabilities.

    • Example: Recording sales revenue when a product is sold.

    • It helps businesses make informed financial decisions.

    • Example: Preparing financial statements like balance sheets and income statements.

    • Accounting ensures compliance with laws and regulations.

  • Answered by AI
  • Q4. What are the attributes of accounti6
  • Ans. 

    Accounting attributes define the characteristics and functionalities of financial accounts in SAP FICO.

    • Account Type: Defines whether the account is a balance sheet or income statement account.

    • Account Group: Categorizes accounts for reporting and control purposes, e.g., 'Assets', 'Liabilities'.

    • Currency: Specifies the currency in which the account transactions are recorded, e.g., USD, EUR.

    • Reconciliation Account: Links su...

  • Answered by AI
  • Q5. Types of accounting
  • Q6. What is summarising
  • Ans. 

    Summarising involves condensing information to highlight key points and essential details for clarity and understanding.

    • Summarising helps in distilling large volumes of data into manageable insights.

    • For example, summarising a financial report can highlight key metrics like revenue, expenses, and profit margins.

    • In SAP FICO, summarising financial data can aid in quick decision-making and reporting.

    • Effective summarising c...

  • Answered by AI
  • Q7. Where the types of entires
  • Ans. 

    SAP FICO entries include various types such as journal entries, asset postings, and invoice entries for financial reporting.

    • Journal Entries: Used for recording financial transactions, e.g., sales or expenses.

    • Asset Postings: Involves the acquisition or depreciation of fixed assets.

    • Invoice Entries: Captures vendor or customer invoices for accounts payable and receivable.

    • Adjustment Entries: Made to correct errors in previ...

  • Answered by AI
  • Q8. What is the need of bookkeeping
  • Ans. 

    Bookkeeping is essential for accurate financial tracking, compliance, and informed decision-making in businesses.

    • Ensures accurate financial records: Helps track income and expenses systematically.

    • Facilitates tax compliance: Accurate records simplify tax preparation and filing.

    • Supports financial analysis: Enables businesses to analyze trends and make informed decisions.

    • Aids in budgeting: Provides historical data for cre...

  • Answered by AI

SAP Fico Consultant Interview Questions & Answers

user image shravan kumar

posted on 24 Nov 2024

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(2 Questions)

  • Q1. SAP objects worked
  • Ans. 

    Worked on various SAP objects including tables, views, reports, transactions, and interfaces.

    • Created custom tables for storing financial data

    • Developed custom reports for analyzing financial information

    • Configured transactions for posting financial entries

    • Designed interfaces for integrating SAP FICO with other systems

  • Answered by AI
  • Q2. GR/IR in trail balance
  • Ans. 

    GR/IR in trail balance refers to Goods Receipt/Invoice Receipt clearing account in the trial balance.

    • GR/IR is used to track the difference between goods receipt and invoice receipt in the accounting system.

    • It helps in reconciling the accounts payable and accounts receivable.

    • Any discrepancies in the GR/IR account need to be resolved to ensure accurate financial reporting.

    • Example: If a company receives goods but has not ...

  • Answered by AI

Skills evaluated in this interview

Interview experience
1
Bad
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via LinkedIn and was interviewed in Aug 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - One-on-one 

(4 Questions)

  • Q1. Account receivable in SAP FICO
  • Ans. 

    Account receivable in SAP FICO involves managing customer invoices and payments.

    • Involves creating customer invoices for goods or services provided

    • Tracks payments received from customers

    • Allows for reconciliation of accounts receivable with general ledger

    • Provides reports on outstanding receivables and aging analysis

  • Answered by AI
  • Q2. Fico based questions
  • Q3. Introuse myself , what is ap2p cycle
  • Ans. 

    AP2P cycle stands for Accounts Payable to Payment cycle in SAP FICO. It involves the entire process from invoice receipt to payment disbursement.

    • AP2P cycle starts with the receipt of vendor invoices.

    • Invoices are verified, approved, and posted in the system.

    • Payment terms are determined and payments are processed.

    • Finally, payments are disbursed to vendors.

    • The cycle ensures accurate and timely payment to vendors.

  • Answered by AI
  • Q4. Account payable in SAP FICO
  • Ans. 

    Account payable in SAP FICO refers to the money a company owes to its suppliers or vendors for goods or services received.

    • Account payable is a liability account in the general ledger that represents the amount a company owes to its suppliers.

    • In SAP FICO, account payable transactions are recorded in the Accounts Payable module.

    • Payments to vendors are processed through the Accounts Payable module in SAP FICO.

    • Account paya...

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Accenture SAP Fico Consultant interview:
  • Capital Goods
Interview preparation tips for other job seekers - Sap Fico (finance and controlling) I am fresher and interested with company

Skills evaluated in this interview

Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Introduce your self
  • Ans. 

    I am a dedicated SAP Fico Consultant with 5 years of experience in implementing and optimizing financial systems for various clients.

    • 5 years of experience in SAP Fico consulting

    • Expertise in implementing and optimizing financial systems

    • Strong understanding of client requirements and delivering solutions

    • Experience working with various clients in different industries

    • Certified in SAP Fico

  • Answered by AI
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - Technical 

(2 Questions)

  • Q1. What are your experience and work in last company and current company?
  • Ans. 

    Experienced SAP FICO Consultant with expertise in financial processes and system implementations across multiple industries.

    • Led the implementation of SAP FICO for a manufacturing client, improving financial reporting accuracy by 30%.

    • Conducted training sessions for end-users, enhancing their understanding of SAP functionalities and increasing productivity.

    • Collaborated with cross-functional teams to streamline financial ...

  • Answered by AI
  • Q2. Some basic question like sort key, coa, depreciation key, fiscal year, year end actives, p2p, o2c, tds, APP etc.
Interview experience
3
Average
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Recruitment Consulltant and was interviewed in Aug 2023. There was 1 interview round.

Round 1 - Technical 

(1 Question)

  • Q1. What is Fiscal Year Variant What is Posting key Explain more about projects you've done
  • Ans. 

    A Fiscal Year Variant defines the structure of a fiscal year in SAP, including periods and special periods for financial reporting.

    • Fiscal Year Variant determines how the fiscal year is divided into periods.

    • It can be calendar year-based or non-calendar year-based (e.g., April to March).

    • Example: A company with a fiscal year from April 1 to March 31 would have a fiscal year variant set accordingly.

    • Special periods can be d...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be well prepared with what you've done in past and with current updates
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - One-on-one 

(2 Questions)

  • Q1. Basic business of all SAP FICO
  • Q2. Transaction code, p2p cycle, asset class , basics of fi
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - Technical 

(3 Questions)

  • Q1. Consultant questions
  • Q2. Fico based questions
  • Q3. Sap fico questions

Accenture Interview FAQs

How many rounds are there in Accenture SAP Fico Consultant interview?
Accenture interview process usually has 1-2 rounds. The most common rounds in the Accenture interview process are Technical, Resume Shortlist and One-on-one Round.
How to prepare for Accenture SAP Fico Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Accenture. The most common topics and skills that interviewers at Accenture expect are SAP FICO, SAP FI, Business process, Co Module and Data migration.
What are the top questions asked in Accenture SAP Fico Consultant interview?

Some of the top questions asked at the Accenture SAP Fico Consultant interview -

  1. Introduce yourself, What is P2P cyc...read more
  2. what is the difference between down payment and down payment requ...read more
  3. Accounts Receivable in SAP-F...read more
How long is the Accenture SAP Fico Consultant interview process?

The duration of Accenture SAP Fico Consultant interview process can vary, but typically it takes about less than 2 weeks to complete.

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Overall Interview Experience Rating

4.4/5

based on 15 interview experiences

Difficulty level

Easy 17%
Moderate 67%
Hard 17%

Duration

Less than 2 weeks 100%
View more
Accenture SAP Fico Consultant Salary
based on 1.6k salaries
₹4.3 L/yr - ₹19.7 L/yr
24% more than the average SAP Fico Consultant Salary in India
View more details

Accenture SAP Fico Consultant Reviews and Ratings

based on 78 reviews

3.8/5

Rating in categories

3.8

Skill development

3.8

Work-life balance

3.5

Salary

3.6

Job security

3.8

Company culture

2.8

Promotions

3.4

Work satisfaction

Explore 78 Reviews and Ratings
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