Scribd
Upload
920 views

SAP FICO Interview Questions in General Ledger Account

This document lists various interview questions related to general ledger accounting in SAP FI-GL. Some of the key topics covered include: the document principle and how it relates to document types, headers, and account assignments; gross and net postings; reference methods; line items and displays; posting keys; parking vs holding documents; automatic and manual postings/clearings; reversing documents; fast entry methods; account master data creation; account groups; number ranges; field status groups; local currency balances; archiving vs deletion; house banks; period closing activities like pre-closing and financial closing; financial statement versions; annual vs managerial closing; and the new FI-GL in ECC.

Uploaded by

ziddu
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
920 views

SAP FICO Interview Questions in General Ledger Account

This document lists various interview questions related to general ledger accounting in SAP FI-GL. Some of the key topics covered include: the document principle and how it relates to document types, headers, and account assignments; gross and net postings; reference methods; line items and displays; posting keys; parking vs holding documents; automatic and manual postings/clearings; reversing documents; fast entry methods; account master data creation; account groups; number ranges; field status groups; local currency balances; archiving vs deletion; house banks; period closing activities like pre-closing and financial closing; financial statement versions; annual vs managerial closing; and the new FI-GL in ECC.

Uploaded by

ziddu
Copyright
© © All Rights Reserved
Available Formats
Download as TXT, PDF, TXT or read online on Scribd
You are on page 1/ 2

SAP FICO Interview Questions in General Ledger Accounting (FI-GL)

* What is a General Ledger Accounting Document?


* Explain the Document Principle in SAP
* What is the significance of Document Type and Document Header?
* What is the connection between Account Type and Document Type?
* What are GROSS and NET postings?
* Why are Reference Methods used?
* Give an example of Document Change Rule.
* How are Account Assignment Model, Recurring Entries and Sample
Document different?
* What is a Line Item? What is Line Item Display?
* Why are Posting Keys used?
* What is the difference between Parking and Holding documents?
* How does Automatic Postings work
* What is Manual and Automatic Clearing?
* How do we Reverse document in SAP?
* What is the different between True Reversal and Regular Reversal?
* What is a Fast Entry?
* What are the methods used to create GL Account Master Data
<http://en.wikipedia.org/wiki/Master_data>?
* What is the difference between Individual and Collective Processing
of GL Accounts?
* Can you change existing Balance sheet
<http://en.wikipedia.org/wiki/Balance_sheet> GL account to Profit
and Loss account <http://en.wikipedia.org/wiki/Income_statement>?
* How Account Group helps in defining GL accounts?
* What is a Number Range?
* What are the options while configuring Screen Layout?

* What is the use of Field status Group?


* Why do we set Balance in Local currency only for a GL account?
* How is Archiving different from Deletion?
* What is a House Bank? How do we configure House banks?
* When and how can we manually clear open items?
* What are the steps involved to perform Period Closing in SAP?
* What do we mean by Pre-Closing activity?
* How do we perform a Financial Closing?
* What is meant by Financial Statement
<http://en.wikipedia.org/wiki/Financial_statement> Versions? What
are the items in FSV?
* Explain Annual Closing in SAP
* How is this different from Managerial closing?
* Explain the New FI-GL in ECC.

You might also like