Manik Printpack India Associate SAP Fico Consultant Interview Questions and Answers

P2P cycle refers to Procure-to-Pay cycle in SAP FICO, involving procurement of goods/services, invoice processing, and payment to vendors.

• Procurement of goods/services from vendors

• Receipt of goods/services and creation of goods receipt in SAP

• Invoice processing and verification against purchase order

• Payment to vendors through accounts payable process

• Integration with other modules like MM and SD

O2C cycle stands for Order to Cash cycle, which is the process of receiving and fulfilling customer orders.

• O2C cycle involves receiving customer orders, creating sales orders, picking and packing goods, shipping to customers, and invoicing.

• It also includes credit checks, pricing, delivery scheduling, and payment processing.

• An example of O2C cycle in SAP Fico would be receiving a customer order, creating a sales order i...read more