Business Advisory Analyst Interview Questions and Answers

Automatic payment (F110) is a process in SAP that allows for the automatic payment of vendors based on predefined criteria.

• Set up payment methods and payment program parameters in SAP

• Create payment proposals by selecting vendors and invoices to be paid

• Schedule the payment run and execute it to generate payment documents

• Review and post the payment documents in SAP

• Monitor the payment status and reconcile any discrepancies

FSG stands for Financial Services Guide, a document provided by financial service providers to inform clients about the services offered, fees, and complaints process.

• FSG is a regulatory requirement for financial service providers to provide transparency to clients.

• It outlines the services offered, fees and charges, and the complaints process.

• Clients are required to receive and acknowledge the FSG before engaging in any financial services.

• FSG helps clients make informed decis...read more