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Deloitte SAP Fico Consultant Interview Questions and Answers
Deloitte SAP Fico Consultant Interview Experiences
5 interviews found
Likhitha Narayanaswamy
I applied via Company Website and was interviewed in Feb 2024. There was 1 interview round.
(2 Questions)
- Q1. Procurement to pay cycle
- Q2. Order to cash cycle
Anonymous
(2 Questions)
- Q1. Expalin PTP process
- Q2. Explain APP configuration and Payment run
- Ans.
APP configuration is the setup of Automatic Payment Program in SAP FICO to process vendor payments.
APP configuration involves defining payment methods, bank determination, payment terms, and tolerances.
Payment run is the process of executing the APP to generate payment proposals and payment orders.
During payment run, the system selects open items based on defined criteria and creates payment documents.
Payment run can b...
(2 Questions)
- Q1. App configuration
- Q2. Explain Document splitting
- Ans.
Document splitting is a feature in SAP FICO that allows for the splitting of financial documents into multiple segments for reporting purposes.
Document splitting is used to meet legal and management reporting requirements.
It allows for the allocation of costs and revenues to different segments of the business.
Document splitting can be based on various criteria such as business area, profit center, or segment.
For exampl...
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I applied via Naukri.com and was interviewed before May 2021. There were 3 interview rounds.
(2 Questions)
- Q1. They went through my resume
- Q2. Please be prepare what we put in resume
(2 Questions)
- Q1. Senior manager round
- Q2. They just gone through my over all roles and responsibilities in my previous company
(2 Questions)
- Q1. Salary discussions and location
- Q2. Just salary discussions
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PSN SAP FICO
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Selected
I applied via LinkedIn and was interviewed in May 2023. There were 4 interview rounds.
(1 Question)
- Q1. FIMM integration details and Currency specific questions
(1 Question)
- Q1. Support project details and APP questions
(1 Question)
- Q1. Salary discussions and benefits
Selected
I applied via Naukri.com and was interviewed before Nov 2022. There were 3 interview rounds.
(2 Questions)
- Q1. What is difference between actual costing and standard costing
- Ans.
Actual costing is based on the actual costs incurred, while standard costing uses predetermined costs for materials, labor, and overhead.
Actual costing uses actual costs incurred for materials, labor, and overhead, providing a more accurate reflection of costs.
Standard costing uses predetermined costs for materials, labor, and overhead, allowing for easier budgeting and cost control.
Actual costing is more time-consumin...
- Q2. Why material Ledger mandatory in s/4hana?
- Ans.
Material Ledger is mandatory in S/4HANA for accurate valuation of inventory and cost of goods sold.
Material Ledger provides real-time, multi-dimensional valuation of inventory
It allows for parallel valuation in different currencies and valuation views
Enables accurate calculation of actual costs for materials using actual costing method
Supports transfer pricing and profit center valuation
(1 Question)
- Q1. Salary Negotiation
Interview Preparation Tips
Skills evaluated in this interview
I applied via Referral and was interviewed in Jun 2021. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Procure yo pay process of SAP.
- Ans.
Procure to pay process of SAP involves the entire procurement process from purchase requisition to payment to vendor.
The process starts with creating a purchase requisition
The purchase requisition is then converted into a purchase order
Goods receipt is created upon receipt of goods
Invoice verification is done to ensure accuracy of invoice
Payment is made to vendor
SAP modules involved in the process include MM, FI, and C
- Q2. Journal entries of Accounting
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed in Jun 2022. There was 1 interview round.
(2 Questions)
- Q1. Basic accounting knowledge
- Q2. What is accrual? Depreciation Provision Pre-paid IND AS 2nd was director round Why SAP, why PWC
- Ans.
Accrual is an accounting method where expenses or revenues are recognized before they are paid or received.
Accrual accounting is used to match expenses and revenues to the period in which they are incurred or earned.
Accruals are recorded as adjusting entries in the financial statements.
Examples of accruals include accrued interest, accrued salaries, and accrued taxes.
Depreciation is the systematic allocation of the cos...
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Selected
I applied via Naukri.com and was interviewed before Nov 2022. There were 3 interview rounds.
(2 Questions)
- Q1. What is difference between actual costing and standard costing
- Ans.
Actual costing is based on the actual costs incurred, while standard costing uses predetermined costs for materials, labor, and overhead.
Actual costing uses actual costs incurred for materials, labor, and overhead, providing a more accurate reflection of costs.
Standard costing uses predetermined costs for materials, labor, and overhead, allowing for easier budgeting and cost control.
Actual costing is more time-consumin...
- Q2. Why material Ledger mandatory in s/4hana?
- Ans.
Material Ledger is mandatory in S/4HANA for accurate valuation of inventory and cost of goods sold.
Material Ledger provides real-time, multi-dimensional valuation of inventory
It allows for parallel valuation in different currencies and valuation views
Enables accurate calculation of actual costs for materials using actual costing method
Supports transfer pricing and profit center valuation
(1 Question)
- Q1. Salary Negotiation
Interview Preparation Tips
Skills evaluated in this interview
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Deloitte SAP Fico Consultant Reviews and Ratings
based on 45 reviews
Rating in categories
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Consultant
32.9k
salaries
|  ₹6.2 L/yr - ₹23 L/yr |
|
Senior Consultant
20.7k
salaries
| ₹11 L/yr - ₹42 L/yr |
|
Analyst
13.9k
salaries
| ₹3.9 L/yr - ₹12.6 L/yr |
|
Assistant Manager
9.9k
salaries
| ₹7.7 L/yr - ₹24 L/yr |
|
Manager
7k
salaries
| ₹15.7 L/yr - ₹52 L/yr |
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