Senior SAP Fico Consultant

Senior SAP Fico Consultant Interview Questions and Answers

Updated 3 Jan 2025

Q1. APP-Payment Methods, What is Asset Accounting. BRS Configuration steps.

Ans.

APP-Payment Methods, Asset Accounting, BRS Configuration steps

APP (Automatic Payment Program) in SAP FICO allows for automatic payment processing based on predefined criteria
Asset Accounting in SAP FICO is used to manage and control assets within an organization
BRS (Bank Reconciliation Statement) configuration involves setting up bank accounts, defining posting rules, and reconciling bank statements

Q2. What is Asset Accounting, APP-Payment Methods, BRS-Configuration.FI-MM, FI-SD Configurations.

Ans.

Asset Accounting involves managing fixed assets, APP-Payment Methods are used for automatic payments, BRS-Configuration is for bank reconciliation, and FI-MM, FI-SD Configurations are integrations with MM and SD modules.

Asset Accounting is used to manage fixed assets such as buildings, machinery, and vehicles.
APP-Payment Methods are used to define how payments are processed automatically in SAP.
BRS-Configuration involves setting up bank reconciliation statements to match comp...read more

Q3. How would you troubleshoot a posting error in SAP FI?

Ans.

To troubleshoot a posting error in SAP FI, I would analyze the error message, check the posting settings, review the transaction data, and consult with other team members if needed.

Analyze the error message displayed in SAP FI to understand the nature of the posting error.
Check the posting settings in SAP FI to ensure they are configured correctly.
Review the transaction data entered to identify any discrepancies or incorrect entries.
Consult with other team members or SAP expe...read more

Q4. What is the landscape?

Ans.

The landscape in SAP refers to the environment in which the system operates, including servers, databases, and other components.

The landscape typically includes development, quality assurance, and production environments.
Each environment may have multiple servers, databases, and other components.
Changes are typically made in the development environment before being moved to quality assurance and then production.

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Q5. SAP APP process end to end

Ans.

SAP APP process involves creating, posting, and clearing vendor invoices in SAP FICO module.

Create vendor invoice in SAP
Post vendor invoice in SAP
Clear vendor invoice in SAP

Q6. BRS Configuration step

Ans.

BRS Configuration step involves setting up Bank Reconciliation Statement in SAP FICO module.

Define House Bank in SAP
Define Bank Sub-Accounts
Assign Bank Sub-Accounts to House Bank
Configure Automatic Bank Statement Upload
Define Posting Rules for Bank Statement Items

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Q7. Whai is recon account?

Ans.

Recon account is a general ledger account used to reconcile transactions between subledgers and the general ledger.

Recon accounts are used to ensure that the balances in subledgers match the corresponding general ledger accounts.
They are typically used in SAP FICO to track and reconcile financial transactions.
Recon accounts help in identifying and resolving discrepancies between subledger and general ledger balances.
Examples of recon accounts include accounts receivable, acco...read more