Youtube | LinkedIn | Instagram

Top 10 Common Interview Questions in SAP S/4HANA FICO

Are you looking to start or accelerate your career in SAP? This is your chance to gain hands-on experience, expert training, and even a potential job opportunity — all in one comprehensive program.

A Field Status Variant (FSV) is a configuration object in SAP FI that defines how field status groups are applied across company codes. It acts as a container for multiple Field Status Groups, and it determines which fields appear during document entry and how they behave. It is Created at Client Level and can be Used for Multiple Company Codes.

Overview of Controlling Module of SAP.

The Pricing Procedure in SAP MM determines how the system calculates the price of a material during purchasing or procurement.

The Order To Cash Process in SAP refers to the end-to-end cycle that starts with receiving a customer order and ends with receiving payment.

The SAP SD - Enterprise Structure includes key organizational elements such as: Plant, Sales Organization, Distribution Channel, etc.

Partner Functions are roles that business partners (such as customers, vendors, or other entities) can play in a business transaction.

Payment terms are the conditions agreed upon between a company and its business partners regarding the payment of invoices.

The O2C process refers to the series of steps a business takes to process customer orders, deliver products or services and receive payment.

Bank Reconciliation in SAP S/4 HANA

The Procure to Pay (P2P) process is a series of steps that a company follows to acquire goods or services from external suppliers.

Low value Asset in SAP S4 HANA

1:-Current Asset (AS01) AS01 is used to create a new asset master record in SAP. It allows you to define the characteristics and...

Asset Accounting Configuration in SAP S/4 HANA

Partial payment refers to paying only a portion of an invoice or bill, Residual payment involves paying part and leaving Balance paid later.

An advance payment received from a customer or an advance payment made to supplier, part of full payment and rest of money paid later.

Understanding Parallel Accounting in International Business

Document splitting in SAP S/4 HANA allows you to display documents using a differentiated representation.

SAP Document Change Rules refer to the configuration settings that determine which fields in financial documents can be changed