AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Filter interviews by
CalTech IT Solution SAP Fico Consultant Interview Questions and Answers for Experienced
CalTech IT Solution SAP Fico Consultant Interview Experiences for Experienced
1 interview found
Anonymous
I applied via Naukri.com and was interviewed in Mar 2024. There were 2 interview rounds.
(2 Questions)
- Q1. How you make the gst reconciliation
- Ans.
GST reconciliation is done by comparing the GST returns filed by the company with the books of accounts to ensure accuracy.
Compare the GST returns filed with the books of accounts to identify any discrepancies
Adjust any errors or differences found during the reconciliation process
Ensure that all input tax credits are correctly claimed and accounted for
Reconcile the GST payable as per the returns with the GST liability ...
- Q2. Explain APP process
- Ans.
The APP process in SAP FICO stands for Automatic Payment Program, which automates the payment process for vendors.
APP is used to make payments to vendors based on due dates and payment terms.
It allows for the creation of payment proposals, selection of invoices to be paid, and generation of payment files.
The program can be customized to include different payment methods, currencies, and bank accounts.
Once the payment r...
(2 Questions)
- Q1. Explain P2P process
- Ans.
P2P process refers to Procure-to-Pay process which involves all steps from requisition to payment for goods or services.
Requisition: Request for goods or services is made by the user.
Purchase Order: Formal document is created to order the goods or services.
Goods Receipt: Goods are received and inspected.
Invoice Verification: Invoice is matched with purchase order and goods receipt.
Payment: Payment is made to the vendor...
- Q2. What is journal entry of depreciation
- Ans.
Depreciation journal entry records the decrease in value of an asset over time.
Debit the Depreciation Expense account to recognize the expense
Credit the Accumulated Depreciation account to reduce the asset's carrying amount
Depreciation expense increases the total expenses on the income statement
Accumulated Depreciation reduces the asset's value on the balance sheet
Top trending discussions
Interview questions from similar companies
Interview Questionnaire
2 Questions
- Q1. Dear team I am Srinivas working as a SAP FICO consulatant i want to job change if any requirements in your organization let me know for interview.
- Q2. I want to do job in INFOSYS it is my achievement to work in work in Infosys
I applied via Recruitment Consultant and was interviewed before Nov 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Mostly from your domain and previous experience
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. How many chart of accounts can we assign a company code
- Ans.
A company code can be assigned to only one chart of accounts.
A company code can have multiple company codes, but each company code can only be assigned to one chart of accounts.
The chart of accounts determines the account structure and is used for recording transactions.
If a company has multiple subsidiaries with different accounting requirements, it may need to create multiple company codes with different charts of ac...
Skills evaluated in this interview
I applied via Referral and was interviewed in Mar 2021. There were 4 interview rounds.
Interview Questionnaire
1 Question
- Q1. FICO basics, Dunning process, vendor master, P2P cycle
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. Project related
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. Interviewer asking questions related to FICO like GL, AR,AP and COPA
Interview Preparation Tips
If you don't know the answer then simply said no I have never worked on that part
I applied via Company Website and was interviewed before Aug 2021. There were 2 interview rounds.
(2 Questions)
- Q1. What is sap,what is fiscal year variant,document type ,chart of accounts, what is pto p cycle,App,, chusmer vendor,chart of depreciation,asset procurement,document splitting,FCV,
- Ans.
SAP is an ERP software used for managing business operations. Fiscal year variant determines the financial year of a company. Document type is used to classify accounting transactions. Chart of accounts is a list of all G/L accounts used by a company. PtoP cycle refers to the procurement process. Asset procurement is the process of acquiring assets for a company. Document splitting is used to split a document into mult...
- Q2. Validation,asap methodology
Interview Preparation Tips
Dhushyanth Reddy
Interview Questionnaire
1 Question
- Q1. Introduction ur self?
Interview Preparation Tips
I appeared for an interview in Jul 2021.
Interview Questionnaire
4 Questions
- Q1. Why should hire you.
- Ans.
I bring extensive SAP FICO expertise, strong analytical skills, and a commitment to delivering effective financial solutions.
Proven experience in SAP FICO implementation, having successfully led projects that improved financial reporting accuracy by 30%.
Strong analytical skills, demonstrated by optimizing financial processes that reduced month-end closing time by 20%.
Excellent communication skills, enabling effective c...
- Q2. What are your expectations from job.
- Ans.
I expect to grow professionally, contribute to team success, and enhance my SAP FICO skills while delivering value to the organization.
Professional Growth: I aim to deepen my expertise in SAP FICO through hands-on experience and training.
Team Collaboration: I look forward to working with cross-functional teams to solve complex financial challenges.
Value Addition: I want to leverage my skills to optimize financial proce...
- Q3. Do you consider your self successful.
- Q4. Reasons behaind leaving your last job.
- Ans.
I left my last job to pursue better growth opportunities and align my career with my long-term goals in SAP FICO consulting.
Seeking professional growth: I wanted to advance my skills in SAP FICO, which was limited in my previous role.
Desire for new challenges: I was looking for more complex projects that would enhance my problem-solving abilities.
Cultural fit: I realized that the company culture did not align with my v...
Interview Preparation Tips
Your skills are aligned with the job description.
CalTech IT Solution Interview FAQs
Tell us how to improve this page.
Interview Questions for Popular Designations
- Consultant Interview Questions
- Associate Consultant Interview Questions
- Senior Consultant Interview Questions
- SAP MM Consultant Interview Questions
- SAP Basis Consultant Interview Questions
- Lead Consultant Interview Questions
- SAP Consultant Interview Questions
- SAP SD Consultant Interview Questions
- Show more
Overall Interview Experience Rating
based on 1 interview experience
Difficulty level
Duration
SAP Fico Consultant Interview Questions from Similar Companies
CalTech IT Solution SAP Fico Consultant Reviews and Ratings
based on 1 review
Rating in categories
|
SAP Fico Consultant
10
salaries
|  ₹4.8 L/yr - ₹5.5 L/yr |
|
Data Analyst
3
salaries
| ₹3.6 L/yr - ₹3.6 L/yr |
|
Fico Consultant
3
salaries
| ₹4.8 L/yr - ₹4.8 L/yr |
|
Senior IT Recruiter
3
salaries
| ₹4.8 L/yr - ₹4.9 L/yr |
|
Information Technology Recruiter
3
salaries
| ₹2.2 L/yr - ₹5 L/yr |
TCS
Accenture
Wipro
Cognizant
- Home >
- Interviews >
- CalTech IT Solution Interview Questions >
- CalTech IT Solution Interview Questions for Experienced
