Your Reference to SAP ERP common interview questions on Financial Accounting Areas:

»» Enumerate all the necessary settings you need to do before configuring company code?

»» Under asset accounting component, what are depreciation areas?

»» What is chart of accounts? How many chart of accounts can be assigned to a company code?

»» What is baseline date?

»» What is automatic payment program?

»» What are financial statement versions?

»» Enumerate disadvantages of business area?

»» What are the segments of General Ledger account master?

»» What does document header control?

»» In asset accounting, what is asset class?

»» In asset accounting, what is asset master?

»» What is activity type?

»» What’s the function of field status group? Explain.

»» What is a profit center? What is a business area? Differentiate the two.

»» What is a special GL transactions?

»» What is an account group?

»» What is accrual calculation?

»» What is GR/IR process? Explain the journal entries created during this process.

»» What is enterprise structure?

»» Explain dunning of accounts receivable?

»» What is a dummy profit center?

»» Explain operational chart of accounts?

»»  What is cost center?

»» Explain tolerance group?

»» What is the function of version?

»» What is sub-ledger?

»» Explain the integration of FI module and MM module.

»» Explain the integration of FI module and SD module.

»» Explain the integration of FI module and PS module.

»» Explain the integration of FI module and PP module.

»» Explain the integration of FI module and Treasury module.

»» What is open item management?

»» What is posting key?

»» Differentiate partial payment and residual payment.

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