Infosys Consulting SAP Fico Consultant Interview Questions, Process, and Tips

Trains, boat and strem, time and work, percentage, trignometry, geomentry etc.

Q1. Tell me about bank determination
Ans. 
Bank determination is the process of determining the appropriate bank account for a specific business transaction.
• Bank determination is a key functionality in SAP FICO module.

• It involves mapping various business transactions to specific bank accounts.

• Bank determination is based on various factors such as company code, payment method, country, and currency.

• Multiple bank accounts can be assigned to a single payment metho...read more
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Q2. Tell me about transaction keys in assest accounting
Ans. 
Transaction keys are used to identify different types of transactions in asset accounting.
• Transaction keys are used to record different types of transactions such as acquisition, retirement, transfer, and revaluation of assets.

• Each transaction key has a unique four-digit code that is used to identify the transaction type.

• Transaction keys are used to determine the general ledger accounts that are affected by the transac...read more
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Q1. What you learned in you skill set?
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Q2. What was the experience in respective Domain
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Q1. What is your salary expectation?
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Q2. Are you willing to relocate to any location?
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Q1. What is consignment and sub contracting process, how to create the shopping carts, configuration of purchasing group, P2P.cycle, classic and extend classic sceniero.
Ans. 
Consignment and subcontracting are procurement processes. Shopping carts are created to initiate purchases. Purchasing group configuration is done to assign buyers. P2P cycle includes requisition, purchase order, goods receipt, and invoice verification. Classic and extended classic scenarios refer to different integration approaches.
• Consignment is a process where the supplier retains ownership of the goods until they a...read more
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Q1. Creation of service entry sheet, STO, idov error in po
Ans. 
The creation of service entry sheet, STO, and IDOV error in PO are common issues in SAP MM.
• Service entry sheet is used to record the receipt of services performed by a vendor.

• STO (Stock Transport Order) is used to transfer goods between different plants within a company.

• IDOV (Item Data Output Variant) error in PO refers to an issue with the output variant settings for a purchase order.

• These issues can occur due to inco...read more
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Trains, boat and strem, time and work, percentage, trignometry, geomentry etc.

Q1. Tell me about bank determination
Ans. 
Bank determination is the process of determining the appropriate bank account for a specific business transaction.
• Bank determination is a key functionality in SAP FICO module.

• It involves mapping various business transactions to specific bank accounts.

• Bank determination is based on various factors such as company code, payment method, country, and currency.

• Multiple bank accounts can be assigned to a single payment metho...read more
Answered by AI
View 1 more answer
Q2. Tell me about transaction keys in assest accounting
Ans. 
Transaction keys are used to identify different types of transactions in asset accounting.
• Transaction keys are used to record different types of transactions such as acquisition, retirement, transfer, and revaluation of assets.

• Each transaction key has a unique four-digit code that is used to identify the transaction type.

• Transaction keys are used to determine the general ledger accounts that are affected by the transac...read more
Answered by AI
Add your answer