TCS Q&a

Top SAP-FICO Interview Questions for TCS :
1.How Revenue G/L recognises in Fi-SD integration?
All accounting entries with respect to the billing will have one side of the account as a
Customer or receivable and the other side to be a revenue account.
For e.g.
Customer –Dr.
To Revenue Account- Cr.
You have to bear in mind that the customer account gets picked up from the customer
master data. All we need to do is to configure the revenue account or the discounts and
surcharges
2.Where and how do we do this?
You make the allocation for each of these through access sequences. Access sequence
is nothing but SAP’s terminology of determining the Gl accounts. SAP provides the
following six ways of determining the Gl accounts in SD.
Application (key for the Sales and Distribution application)

Account determination type
Chart of accounts (from the FI System
Customer account assignment group
Materials account assignment group
Account key
The allocated accounts are used to post revenues, surcharges and discounts
automatically.
The account determination in SD happens through an access sequence
3.Explain about OBYC Config for FI MM integration?
It is complete Fi-MM integration config.
In material master, we stored all information for a certain material. Like as material type,
material group, purchasing information, sale and distribution information etc etc.
The valuation class (in accounting 1 view) is most important for automatic account
posting purpose.
Valuation class is used to group together several material with their same attributes, so
that we can carry the same account determination for various material.
Every material has a valuation class, many materials can contain same valuation class.
As we know the valuation class is link with material type via account category reference.
Valuation class and Movement type is used for the G/L determination.
Movement type is used for all types of material movement. Suppose if you receive a
material from a vendor, a movement is happens for the movement.
If we transfer a material from one location to another, a movement type is happens for
the movement.
It means, whenever we do a off-setting entry, a movement type will be created for that.
For various movement type SAP defines a G/L account for the material movement.
The all account entry is done via automatic account posting tcode: OBYC.
4.CK11N and its Uses?
CK11n is used to calculate the standard cost estimate of the product. the system
considers the bom structure and valuation strategy and control mention in the costing
variant and calculates teh standard cost of the material. cost estimate is run or the
standard cost is calculated monthly, quarterely etc. and all the analasys of actual
production is based against this standard estimate.
5. CK40N and its Uses?
CK40N is used for updation purpose, CK40n is used to update the Prices in the material
master. it is done by marking and releasing the cost estimate which is calcualted. when
marking is done, the system will update the price of the material in the material master
in costing 2 tab in the future price. when release is done then the system will update the
current standard price in teh costing 2 tab. all the postings will then use the price which
is updated.
6. What does definition of a chart of account contains?

The chart of accounts contains the list of GL accounts. In simple words, it may be
defined as a list of GL accounts used for external(Tax authorities etc.) and internal(
management level etc.) purposes.
7. What is USGAAP?
USGAAP Stands for "United State Generally Accepted Accounting Principle" used to
prepare financial statements for publicly traded companies and many private companies
in the United States. Generally accepted accounting principles for local and state
governments operates under a different set of assumptions, principles, and constraints,
as determined by the Governmental Accounting Standards Board.
8. How dunning procedure will updated in Customer Master?
By Assigning Dunning Procedure in Customer Master Record.
SAP Super User

The SAP super user creates a link between end users and the implementation team.
They should have strong communication skills, as they need to be able to convey the
business requirements to the implementation partner. They act as representatives of
their departments and are also the first line of support for end users. Thus, SAP super
user should know and understand the users and their functions.
During the implementation cycle, super users take an active role in learning the SAP
solution, testing the system and training end users. They end up with intimate
knowledge of the SAP business processes and become the champions of the
implementation.
After go-live, super users usually have special access within SAP which other end users
do not have. For example, an end user might have access to create a document and
park it while SAP super user has the right to post it.

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Top SAP-FICO Interview Questions for TCS :

1.How Revenue G/L recognises in Fi-SD integration?

2.Where and how do we do this?

Application (key for the Sales and Distribution application)

3.Explain about OBYC Config for FI MM integration?

It is complete Fi-MM integration config.

4.CK11N and its Uses?

5. CK40N and its Uses?

6. What does definition of a chart of account contains?

8. How dunning procedure will updated in Customer Master?

By Assigning Dunning Procedure in Customer Master Record.

SAP Super User

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