Geschaft Formulae SAP Fico Consultant Interview Questions and Answers

Q1. Explain APP process
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Q2. Can we clear Noted item through APP
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Q3. What are project types
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Q1. Self interduction
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Q2. Subject reated question
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Q1. Self interduction
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Q2. Content moderater
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Q1. Self interduction
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Q2. Content morderter
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What is aptitude text? How much rounds?

Q1. Is very simple in this round.
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Q2. Best experience in this round.
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Q1. P2P cycle with accounting entries.
Ans. 
P2P cycle involves procurement of goods/services, invoice processing, and payment to vendors with corresponding accounting entries.
• Procurement of goods/services from vendors

• Receipt of goods/services and creation of purchase order

• Invoice processing and verification against purchase order

• Recording of invoice in accounts payable

• Payment to vendors and recording of payment in accounts payable

• Accounting entries: Debit accoun
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Q2. General configuration questions
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Q1. Procurement to pay cycle
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Q2. Order to cash cycle
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Q1. What needs to taken into action when employee is transferred from one region to other county?
Ans. 
When an employee is transferred from one region to another country, various actions need to be taken to ensure a smooth transition.
• Update employee's personal information in HR system

• Ensure compliance with local labor laws and regulations in the new country

• Transfer employee's benefits and compensation packages to comply with new country's regulations

• Provide cultural training and support for employee to adjust to new wor...read more
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Q1. Finance related
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Q1. Sap fico related
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Agriculture any product related

Q1. What is tuff incident you solved recently?
Ans. 
I recently solved a complex issue related to asset accounting integration in SAP FICO.
• Identified discrepancies in asset accounting data

• Analyzed integration settings between asset accounting and FI modules

• Implemented necessary corrections to ensure accurate financial reporting
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