Knowledgable Content for Beginners and Consultants.
Profit Center Accounting in SAP is an important topic of SAP CO. Thus, usually, interviewers ask questions on this subject, considering important questions in SAP FICO interviews. Let’s learn a few of them with explanations. Q1. What is Profit Center Accounting in SAP? The Profit Centers reflect a management-oriented structure Read more…
Why is SAP S4 HANA Finance Certification Required? SAP S4 HANA Finance Certification is an authentication of your knowledge of the S4 HANA Finance module. It gives an edge over the non-certified people, who may have the knowledge but don’t have the certificate. Thus, it is wise to go for Read more…
SAP Logistics Invoice Verification SAP Logistics Invoice Verification is a part of the SAP Logistics process (MM and SD). It is importantly connected with SAP FICO as during SAP FI-SD integration (and FI-MM integration), an accounting document is generated for Finance regarding logistics invoices. These questions on SAP Logistics Invoice Read more…
This article covers some important yet lesser found SAP FICO questions on a variety of topics which interviewers generally ask to check your practical knowledge. These are related to: So, lets us go ahead with each part of these SAP FICO Questions. SAP FICO Questions – Bank Accounting Q1. – Read more…
SAP FICO Interview Questions – Why Best? These SAP FICO Interview Questions are collected from the true interview experiences of past students (alumni). It also includes the questions and queries that I have from them in classes and the best answers that I suggest to them. Hence, these questions help Read more…
What is GR/IR Clearing Account? The goods receipt/ invoice receipt or popularly called GR/IR Clearing Account is a provision account and is posted whenever you receive goods that have not been invoiced yet or whenever you receive invoices for goods that have not been delivered yet. GR/IR Account Maintenance In Read more…
We usually get errors in SAP FICO in the testing phase under the realization process of project implementation. To resolve these errors a consultant has to check back-end work, and configurations and sometimes require a trial & error run also. Hence below I present the Top Ten Common Errors in Read more…
What is SAP SD – An Introduction SAP SD is related to the Selling & Distribution of products & services of a business. It handles the whole process of sales starting from receiving orders to the delivery of the product. Likewise, it manages requests for Quotations, Sales Orders, setting up Read more…
To learn SAP S4HANA Finance one has to have an in-depth knowledge of SAP FICO basic module on ECC platform so as to properly understand the delta changes infused in HANA which works on the cloud computing platform.
SAP FICO HANA is a term popularly called by people for SAP Finance on the S4 HANA platform. However, it derived from the migration process that SAP did to migrate its database from ECC to HANA. SAP HANA is a from cloud-based computing, which is faster, friendlier and flexible in Read more…