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How Exactly the Real Time
Interview Questions
Environment would be on SAP
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FICO.
Oracle Financials OR SAP FICO
FICO Real Time Work/ Issues Answered for MBA Marketing 
real time implementation in sap
By: Nitesh Singh | 23 Apr 2014 6:07 pm | 0 Comments
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How they will determine landscape server
while in roll out project or implementation Error: While Assigning Define
project?
Account Determination for Real-
Time Integration
For roll out landscape will be on development Accounting & Finance with SAP
server to production server but where as in FICO
implementation in end to end we can have the
option to choose landscape of development to
testing and then to production server.

Will all the master data uploaded by Lsmw

and other Abap tools?

Yes we have other tool other than LSMW like batch date input etc., for uploading the master data into the
system.

If they upload master data mean, how much time will it take to complete? Ex: 3000 vendors
means?

Not more than 30 minutes

Examples needed for requirements of client on sap Fico?

Separate cash and trade discount accounts or input and output tax calculations and separate account for
service tax amount and cenvat credit account for month end setoff etc.

Client is required P&L ,B/S financial statements for 12+6 months(with considering special period
next 6 months) i.e. 18 months period or any period beyond 12 months. In concise, the client is
required reports for more than 12 months.

SAP cannot manage more than 16 periods (12 + 4 special periods). You can see P&L & B/S statements
only for 16 periods/

There a few reports which provide the option of viewing the reports for more than 12 months (between 13
to 16 period) also.

Example: T.code F.01 , selection periods option is accessible.

Before 1st Jan 2017, a list of the finished goods stocks and values were being maintained out of
system. Post 1st Jan 2017, the list of FG stocks has also been included in the system. On 31st
December 2016, the client was advised to update the system. However, it was not possible for
them to do so as they did not have the accurate numbers handy. Later, after two months, they are
had the desired numbers, the question then arose how should these numbers reflect in the
opening balance.

The stock can be updated with “Posting Date” as 31-12-2016.

There are MTO scenario with configurable material. the system has been set up in such a manner, ASK US !
Get solutions from our experts!
that a cost estimate is prepared for or every sales order. The good receipt is made based on these
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1/19/2018 FICO Real Time Work/ Issues | FICO (Financial Accounting & Controlling) | STechies
cost estimate. However, sometimes, the Goods receipts is created at a very low price. It was found
FICO » TUTORIAL FORUM BOOK INTERVIEW QUESTIONS TRANSACTION CODES
that the raw materials requested by the system was incorrect. The sales order costing variant
seemed fine, although there were doubts regarding the variant configuration since I don’t have the
expertise regarding the same.

The Variant Condition must be maintained for purchasing and Sales. Since this has already been done for
sales, now it should be done for purchasing also using the TCODE MEK1 for condition type PB00. Then
the total price for base model and characteristics will be derived

Billing Document not released to accounting and Accounts determination:

For resolving the error, an analysis of the account determination has to be performed, in the billing
document. Process:
Fastest Data
Go to T.Code: VF02 & Enter Invoice number

Next (On the top most strip) go to Environment
Recovery 
Next (Select Environment) go to Account determination

Next (In Account Determination) choose Revenue Account Determination (first option) 
You will see a list of all the condition types mentioned in the Billing document. Now you will required to
analyze each condition & check for which G/L accounts has not been determined.

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SAP FICO Tree Menu

Sap tree_ficoSAP standard menu||-- Office|-- Logistics|-- Accounting| || |-- Financial accounting| | || | ASK US !
|-- General ledger| | | || | | |-- Document entry| | | | || | | | |-----G/L account posting... Get solutions from our experts!

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FICO » TUTORIAL FORUM BOOK INTERVIEW QUESTIONS TRANSACTION CODES

SAP ERP Financials and FICO Handbook

Contents An Introduction to SAP Software tttPreface tttxi tttxiii tt ttt ttChapter 1 Interview
Questions and Answers ttt1 tt1.1 SAP-General ttt1.2...

SAP FICO Functional Consultant

Nisi 732 343 5550/412 747 7744 x 143 Email: [email protected] Summary: · Over 7
years of experience as Financial...

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