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KPMG India SAP Fico Consultant Interview Questions and Answers

Updated 11 Nov 2023

KPMG India SAP Fico Consultant Interview Experiences

1 interview found

Interview experience
3
Average
Difficulty level
Moderate
Process Duration
4-6 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Nov 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Technical 

(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...

  • Answered by AI
  • 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

  • Answered by AI
Round 3 - HR 

(1 Question)

  • Q1. Salary Negotiation

Interview Preparation Tips

Interview preparation tips for other job seekers - I have attended the interview for SAP CO Consultant and all the questions asked about functional experience in product costing, profitability analysis, cost centre and internal order. Scenario based questions also asked with business cases. If we gan the answer with confidence then interview can be cleared easily.

Skills evaluated in this interview

Interview questions from similar companies

I applied via Newspaper Ad and was interviewed before Sep 2021. There was 1 interview round.

Round 1 - One-on-one 

(1 Question)

  • Q1. Details Accounting Entries for GL

Interview Preparation Tips

Interview preparation tips for other job seekers - Basic Interview Question will do the work

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...

  • Answered by AI

Skills evaluated in this interview

Interview Questionnaire 

1 Question

  • Q1. Project related

Interview Preparation Tips

Interview preparation tips for other job seekers - What you mentioned in Resume was mainly focused.
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Naukri.com and was interviewed before Mar 2022. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all Resume tips
Round 2 - Group Discussion 

Technical questions asked on SAP functional

Round 3 - HR 

(1 Question)

  • Q1. 1. What is the Experience and salary expectation? 2. Notice period ?

Interview Preparation Tips

Interview preparation tips for other job seekers - Good option to join tcs. Job security is good. Balanced work
Life

Interview Questionnaire 

1 Question

  • Q1. Interviewer asking questions related to FICO like GL, AR,AP and COPA

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident about your answers no matter how much knowledge you have but remain confident in that stage
If you don't know the answer then simply said no I have never worked on that part

I applied via Walk-in and was interviewed in Aug 2021. There was 1 interview round.

Interview Questionnaire 

3 Questions

  • Q1. What is Kofi & Kofa ?
  • Q2. What is the use of condition record?
  • Ans. 

    Condition record is used to define pricing and discounts for customers and materials.

    • Condition record is used in SAP FICO module.

    • It is used to define pricing and discounts for customers and materials.

    • It helps in maintaining the consistency of pricing and discounts across the organization.

    • It can be used to define different pricing and discounts for different customers and materials.

    • Examples of condition records include ...

  • Answered by AI
  • Q3. What will happen if I won't maintain account modifier?
  • Ans. 

    Not maintaining account modifier can lead to incorrect financial reporting and accounting errors.

    • Account modifier is used to differentiate between different types of transactions in financial reporting.

    • If not maintained, it can lead to incorrect financial statements and accounting errors.

    • For example, if a company has multiple revenue streams, not maintaining account modifier can lead to revenue from different streams b...

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Study thoroughly integrations like fi with mm & sd and accounting entries based on real time issues

Skills evaluated in this interview

Interview Questionnaire 

1 Question

  • Q1. Name any four situations where we have to create a Bank Reconciliation Statement.
  • Ans. 

    Four situations where we have to create a Bank Reconciliation Statement

    • When there is a discrepancy between the bank balance and the company's books

    • When there are outstanding checks or deposits in transit

    • When there are bank errors or fees that need to be reconciled

    • When there are adjustments for interest earned or bank charges

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Don't think about what questions you're going to be asked. Thing about how confident you can be while answering the questions.

I applied via Recruitment Consultant and was interviewed before May 2020. There were 4 interview rounds.

Interview Questionnaire 

2 Questions

  • Q1. Subjective questions and Background Analysis.
  • Q2. Answers in short.

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confident and don't keep quiet if u don't no know the answer atleast reply Sorry in a positive way.

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

  • Answered by AI
  • Q2. Journal entries of Accounting

Interview Preparation Tips

Interview preparation tips for other job seekers - Be confidence while speaking, If you don't know any thing just say I don't have any idea or I am not aware about this, listen more and than speak clearly.
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KPMG India Interview FAQs

How many rounds are there in KPMG India SAP Fico Consultant interview?
KPMG India interview process usually has 3 rounds. The most common rounds in the KPMG India interview process are Resume Shortlist, Technical and HR.
How to prepare for KPMG India SAP Fico Consultant interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at KPMG India. The most common topics and skills that interviewers at KPMG India expect are SAP FICO, SAP FICO Implementation, SAP FI, FICO and SAP CO.
What are the top questions asked in KPMG India SAP Fico Consultant interview?

Some of the top questions asked at the KPMG India SAP Fico Consultant interview -

  1. What is difference between actual costing and standard cost...read more
  2. Why material Ledger mandatory in s/4ha...read more

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KPMG India SAP Fico Consultant Interview Process

based on 1 interview

Interview experience

3
  
Average
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KPMG India SAP Fico Consultant Salary
based on 119 salaries
₹3.8 L/yr - ₹16.1 L/yr
11% more than the average SAP Fico Consultant Salary in India
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KPMG India SAP Fico Consultant Reviews and Ratings

based on 7 reviews

2.5/5

Rating in categories

3.0

Skill development

2.7

Work-life balance

3.7

Salary

3.1

Job security

2.5

Company culture

3.0

Promotions

2.9

Work satisfaction

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