SAP Fico end User

SAP Fico end User Interview Questions and Answers

Updated 26 Jan 2025

Q1. What is company job description?

Ans.

Company job description outlines the duties, responsibilities, qualifications, and expectations for a specific role within the organization.

  • Defines the tasks and responsibilities of the position

  • Outlines the qualifications and skills required for the job

  • Sets expectations for performance and behavior in the role

Q2. What is fiscal year variant

Ans.

Fiscal year variant is a key element in SAP FICO that defines the structure of the fiscal year.

  • Defines the number of periods in a fiscal year

  • Specifies the start and end dates of the fiscal year

  • Determines the posting periods for financial transactions

  • Used to assign posting periods to a company code

Q3. What is company code

Ans.

Company code is a unique identifier assigned to each company within SAP system.

  • Company code is a four-digit alphanumeric code used to represent a specific company within SAP.

  • It is used to differentiate between various legal entities or business units within an organization.

  • Each company code has its own chart of accounts, fiscal year variant, and other financial settings.

  • For example, company code '1000' may represent the headquarters of a company, while '2000' may represent a ...read more

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