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This list of SAP FICO Questions and answers mainly covers topics such as Foreign Currency Valuation, Documents Clearing, Open Items, GR/IR Clearing, Accounts Payable, Accounts receivable, Vendor Payment, APP (Automatic Payment Program), Payment Terms, etc. SAP FICO is the most popular module of SAP. Subsequently, many aspirants look for the Read more…
To get a job in SAP FICO, you first learn the subject. Whenever you plan to do something, make a to-do list. This would help you to move systematically and you can see your progress too. I have made a career planner here. By following the steps, you can beg Read more…
Is a Career in SAP FICO good? Yes, a career in SAP FICO is still very good and demanding. It is even better if you are from an account or finance background. SAP is the leading ERP worldwide and its popularity and demand are increasing day by day. It offers Read more…
SAP FICO vs. S4 HANA Finance The main difference between SAP FICO and S4 HANA Finance is the technology used in them. SAP FICO works on the ECC model, while SAP S4HANA Finance (Simple Finance) is based on the in-memory HANA database which works on cloud technology. The following are Read more…
Why these SAP FICO Interview Questions For Freshers? Cracking an interview can be crucial for beginners. Due to being no or less experienced, it becomes hard to presume what the employer is going to ask. Thus, I come up with this list of SAP FICO interview questions for freshers. It Read more…
The periodic Year-end and Month-end closing activities in SAP S4 HANA Finance are carried out in the system by the accounts department. Thus, as the SAP S4 HANA Finance consultant, you need to have a good understanding of these closing activities in SAP. Importance of Closing Activities in SAP Many Read more…
Why go for SAP Certification Exam? Clearing the SAP Certification exam is a dream for every aspirant who wants to become an SAP consultant. It is not just a choice but an essential step towards getting a better job in the SAP sector. Almost all companies with SAP applications prefer Read more…
What is New Asset Accounting in SAP S/4HANA? New Asset Accounting is SAP’s latest version of Asset Accounting. SAP introduced this module in ERP 6.0 enhancement pack 7. It has since been fully optimized for SAP S/4 HANA with more added features. Prerequisite for New Asset Accounting We need Enterprise Read more…
SAP New GL Migration Scenarios (General Ledger Accounting) is used to define the ledger to be updated during posting. Though we cannot define our scenarios, we can use customer-specific fields. These New GL Migration scenarios are an important part of the SAP S4 HANA Finance implementation. Defining and Assigning SAP Read more…
Master Data in SAP FICO – Introduction There are two types of Data available in SAP. Master Data & Transactional Data. Master Data is the base for any posting of Transactions. In SAP, different dedicated tables are available for Master Data. Here we have four kinds of Master Data in Read more…