Taciti Consulting SAP Fico Consultant Interview Questions and Answers

Q1. Self interduction
Add your answer
Q2. Subject reated question
Add your answer

Q1. Self interduction
Add your answer
Q2. Content moderater
Add your answer

Q1. Self interduction
Add your answer
Q2. Content morderter
Add your answer

What is aptitude text? How much rounds?

Q1. Is very simple in this round.
Add your answer
Q2. Best experience in this round.
Add your answer

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
Answered by AI
Add your answer
Q2. General configuration questions
Add your answer

Q1. FI MM Integration
Add your answer
Q2. House Banks configuration
Ans. 
House Banks configuration involves setting up bank accounts in SAP for electronic payments and receipts.
• House Banks are created in SAP using transaction code FI12

• Bank accounts are linked to House Banks for payment transactions

• House Banks can be assigned to company codes for specific use cases
Answered by AI
Add your answer
Q3. Asset Accounting
Add your answer
Q4. Intermediate Document
Add your answer

Q1. Difference between ECC & S4Hana
Ans. 
ECC is the older version of SAP's ERP system, while S4Hana is the newer, more advanced version with improved features and capabilities.
• ECC is based on traditional row-based database technology, while S4Hana utilizes in-memory computing for faster processing.

• S4Hana offers real-time analytics and predictive capabilities, while ECC does not.

• S4Hana has a simplified data model and user interface compared to ECC.

• S4Hana is de...read more
Answered by AI
Add your answer
Q2. House bank Creation
Add your answer

Q1. Regarding Package
Add your answer

Q1. Procurement to pay cycle
Add your answer
Q2. Order to cash cycle
Add your answer

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
Answered by AI
Add your answer

Q1. Finance related
Add your answer

Q1. Sap fico related
Add your answer

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
Answered by AI
Add your answer