Interview Questions and answers for SAP FICO FAQS

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1.How is Data Quality Solution helpful to SAP
FICO?

• The Data Quality Solution is helpful to SAP FICO
  in many ways. Its functions are given below
• It helps in managingcustomer data in different
  formats existing in a separate database.
• It helps in building and maintaining successful
  customer relationships.
• It helps in betterment in customer service.
• It helps in enhancement of knowledge on Business
  Intelligence initiatives with accurate
  information.
• It helps in delivering clean and reliable data
  throughout operational and analytical
  applications in the entire enterprise.

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2.Name the server configurations of My SAP
Business suite that will be supported on Linux?

• The server configurations of My SAP Business
  suite that will be supported on Linux is SAP. It
  will support for database and application servers
  in both homogeneous and heterogeneous
  environments.

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3.How to execute user exists in SAP FICO?

• You need to find the user exist, and use it by
  going to CMOD and you need to add your user-exit
  to your project. You then have to activate the FM
  which you may require. You then have to into its
  functional module that can be included in the ZX
  program. You have to double click on it, and it
  will ask you to create an object. You have to
  answer it and write your code in it.

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4.What do table buffers in applications do?

• Table buffers exist in application server in the
  system where the data of buffered tables can be
  accessed easily from the buffer of the
  application server.This will avoid wasting time
  while accessing from the database. And that is
  why buffering is useful while accessing table
  various times.

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5.Name an advantage of using logical database?

• It requires less coding while retrieving the data
  compared to normal internal tables.

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6.Is the call transaction or session method
faster?

• The call transaction is faster. But the session
  method is preferred in real-time due the
  availability of transferring data in a large data
  from internal table to the database. Also, the
  process will not be completed until the session
  is error-free.

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7.How is Runtime Analysis used to know how past
is the program?

• Runtime Analysis doesnt consume much time to
  analyse the program execution time. It will check
  in milliseconds only. It will take you to below
  the screen when you specify the programs name in
  the performance file. This is how you can use
  runtime analysis to know past aboutyour the
  program.

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8.How is internal recruitment helpful in SAP
FICO?

• Internal recruitment searches for internal
  applicants when you integrate it with personal
  development. You can also use profile match up
  which will search resources internally.

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9.Name the three central points of the R3 System?

• The central points of the R/3 system are
  presentation interface, database interface,and
  operating system interface.

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10.Why is the company code in SAP?

• The company code is used for generating financial
  statements like profit and loss statements,
  balance sheets,etc.

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11.How many currencies is needed for configuring
company code?

• Three currenciesare needed for configuring
  company code. These are local currency and
  parallel currencies.

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12.Name the application area that uses validation
and substitutes?

• The application area that uses validation and
  substitutes are.
• FI Financial Accounting
• CO Cost Accounting
• AM Asset Accoutning
• GL Special Purpose Leger
• PS Project System
• RE Real Estate
• PC Project Center Accounting

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13.What does the field status group do?

• The field status group controls the fields when
  the user transacts. In FIGL i.e., Financial
  General Ledger master, the field status group is
  stored.

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14.Name the exchange rate of SAP transactions?

• The exchange rate of SAP Transaction is M
  (Average Rate).

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15.Mention the issue faced when the business area
is configured?

• The issue faced is splitting account balance.

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