SAP Fi Fscm Consultant Interview Questions and Answers

Withholding tax is a tax deducted at source from payments made to vendors or contractors. Enhancements include customizing tax codes and rates.

• Withholding tax is deducted from payments made to vendors or contractors

• It is deducted at source and paid directly to the tax authorities

• Enhancements include customizing tax codes and rates based on country-specific regulations

• Options for enhancements include customizing withholding tax types, tax codes, and rates

• Examples of enhancemen...read more

Partner Bank type is relevant for Supplier Payments as it determines the payment method and currency.

• Partner Bank type determines the payment method and currency for supplier payments

• Different partner bank types may have different payment methods and currencies

• For example, a domestic partner bank may only support local currency payments while an international partner bank may support multiple currencies

• Choosing the right partner bank type is important to ensure timely and acc...read more

Dunning is the process of reminding customers of overdue payments. BTEs are used to customize dunning notices.

• Dunning is a process of sending reminders to customers who have overdue payments

• BTEs (Business Transaction Events) are used to customize dunning notices

• BTEs can be used to add custom fields or logic to the dunning process

• For example, a BTE can be used to add a custom message to the dunning notice based on the customer's payment history