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Ernst & Young SAP Fico Consultant Interview Questions and Answers for Experienced
Ernst & Young SAP Fico Consultant Interview Experiences for Experienced
1 interview found
Anonymous
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
Interview questions from similar companies
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 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...
Interview Preparation Tips
All the best
SAP Fico Consultant Interview Questions & Answers
Deloitte
Likhitha Narayanaswamy
posted on 8 Mar 2024
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
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
Interview Preparation Tips
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
(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...
I applied via Campus Placement and was interviewed before Feb 2021. There were 3 interview rounds.
Tests are Pymetrics and an online case. Pymetrics is a personality test of sorts (risk aversion, pattern recognition, etc.) this was benchmarked against successful Consultants. Online case is multiple choice but the questions flow like a normal case interview. You will get a final round interview if you do really well on them. If you just ‘pass’, you have to have an internal designation of a high priority or very high priority candidate. (See advice)
Standard 2 case interviews with senior leaders, already a lot of material on this elsewhere
Interview Preparation Tips
I applied via Naukri.com and was interviewed in May 2020. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. If you have work experience, majority of the questions will revolve around it along with general questions related to about your own self, interests, achievements etc.
Interview Preparation Tips
If a fresher - except general questions around the industry you are applying for including recent news, developments, basic product service understanding and so on.
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Ernst & Young SAP Fico Consultant Reviews and Ratings
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