AmbitionBox
Interview Questions
- Reviews
- Salaries
- Interview Questions
- About Company
- Benefits
- Jobs
- Office Photos
- Community
Add office photos
Filter interviews by
SV Tech IT Solution SAP Fico Consultant Interview Questions, Process, and Tips
SV Tech IT Solution SAP Fico Consultant Interview Experiences
1 interview found
Anonymous
Selected
I applied via Approached by Company and was interviewed in Feb 2023. There were 4 interview rounds.
What about the sap fi , financial statements, fiscal year, chart of accounts etc.
Chart of accounts and fiscal year
(4 Questions)
- Q1. In sap fi how was the store the fiscal year and entry effects
- Ans.
In SAP FI, fiscal year is stored in a variant and entry effects are recorded in the general ledger.
Fiscal year is stored in a variant which defines the start and end dates of the fiscal year
Entry effects are recorded in the general ledger accounts
The fiscal year variant can be assigned to a company code
Posting periods can be defined within the fiscal year variant
Closing entries are made at the end of the fiscal year to
- Q2. What is the shortened fiscal year
- Ans.
Shortened fiscal year is a period of less than 12 months used for financial reporting purposes.
Shortened fiscal year is used when a company changes its fiscal year-end date.
It can be due to mergers, acquisitions, or changes in business operations.
Financial statements for a shortened fiscal year are prepared for the period between the old and new fiscal year-end dates.
For example, if a company changes its fiscal year-en...
- Q3. Defined field status group
- Ans.
Field status group is a configuration setting in SAP FICO that determines the field status of various fields in financial accounting documents.
Field status group is assigned to a company code in SAP FICO.
It controls the field status of various fields such as posting key, account type, document type, etc.
Field status can be defined as mandatory, optional, suppressed, or display-only.
Field status group is used to enforce...
- Q4. How many types of chart of accounts and which
- Ans.
There are multiple types of chart of accounts in SAP Fico, including operating chart of accounts, country-specific chart of accounts, and group chart of accounts.
Operating chart of accounts is used for daily accounting transactions and is common across all company codes.
Country-specific chart of accounts is used to meet legal and statutory requirements of a specific country.
Group chart of accounts is used for consolida...
Interview Preparation Tips
- SAP FI Module
- SAP Finance
I am from kolhapur so kindly you can give me one chance in your company
Top trending discussions
Interview questions from similar companies
Rahul Srivastava
I was interviewed in Dec 2024.
(2 Questions)
- Q1. Tell me about yourself
- Q2. Describe AP cycle and principles of accounting
Interview Preparation Tips
Selected
I applied via LinkedIn and was interviewed in Nov 2024. There was 1 interview round.
(3 Questions)
- Q1. Explain APP process
- Q2. Can we clear Noted item through APP
- Q3. What are project types
I applied via Referral and was interviewed in Oct 2024. There were 3 interview rounds.
(2 Questions)
- Q1. Self interduction
- Q2. Subject reated question
(2 Questions)
- Q1. Self interduction
- Q2. Content moderater
(2 Questions)
- Q1. Self interduction
- Q2. Content morderter
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Sep 2024. There were 2 interview rounds.
What is aptitude text? How much rounds?
(2 Questions)
- Q1. Is very simple in this round.
- Q2. Best experience in this round.
I applied via LinkedIn and was interviewed in Sep 2024. There was 1 interview round.
(2 Questions)
- 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
- Q2. General configuration questions
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 was interviewed in Mar 2024.
(1 Question)
- 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...
Selected
I applied via Company Website and was interviewed in Feb 2024. There were 3 interview rounds.
(1 Question)
- Q1. Finance related
(1 Question)
- Q1. Sap fico related
Agriculture any product related
(1 Question)
- 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
SV Tech IT Solution Interview FAQs
Tell us how to improve this page.
Interview Questions for Popular Designations
- Associate SAP Fico Consultant Interview Questions
- Senior SAP Fico Consultant Interview Questions
- Junior SAP Fico Consultant Interview Questions
- SAP Abap Consultant Interview Questions
- SAP Fico Functional Consultant Interview Questions
- SAP MM Consultant Interview Questions
- SAP Consultant Interview Questions
- SAP SD Consultant Interview Questions
- Show more
SV Tech IT Solution SAP Fico Consultant Interview Process
based on 1 interview
Interview experience
SAP Fico Consultant Interview Questions from Similar Companies
TCS
Accenture
Wipro
Cognizant
- Home >
- Interviews >
- SV Tech IT Solution Interview Questions >
- SV Tech IT Solution SAP Fico Consultant Interview Questions
