Real SAP FICO interview questions on GL accounting. Prepare these questions before attempting your next sap fico s4hana interview.
Below are some of the most commonly asked interview questions on GL accounting in SAP FICO S4HANA
1. What GL accounts are kept as post automatic only? 2. Tell me few examples of GLs which are kept open item managed? 3. I want to restrict a GL to post only in a particular foreign currency, How can I restrict posting in any other currency? 4. What is the usage of sort key in GL master? Where is it used? 5. Field Status Group is created or provided by sap out of box? 6. What is the usage of tolerance group in GL master? 7. What is reconciliation GL account? Explain with example. 8. How can I create secondary cost element in s4hana? 9. How can I create primary cost element in s4hana? 10. Give me examples of non-operating income & expense account in sap s4hana? 11. What is the usage of posting without tax allowed in GL master? 12. What data in GL master is at company code level? 13. What data in GL master is at chart of accounts level? 14. Alternate GL account is maintained at company code level or chart of accounts level? 15. Is it possible to change GL master from non-open item management to open item management after posting transactions? 16. What is document splitting? How do you activate it? Explain the configuration steps for document splitting. 17. What is the use of alternate chart of accounts? How operational GL account is connected with alternate GL account? 18. What is open item management in GL account? Give me examples of GL account which are kept as open item managed. 19. Alternate GL account in GL master is maintained at chart of account level or company code level? 20. What is document type in sap? What are the control parameters in document type? 21. In SAP S4HANA, what is the document type posted as a result of intercompany allocation cycle? 22. What GL account types are available in SAP S4HANA? 23. Explain delta changes between SAP ECC and SAP S4HANA in GL accounting. 24. What fields in a posted finance documents can be edited? 25. Explain foreign currency valuation in sap? What accounting entry is posted as a result of foreign currency valuation at month end?
Most commonly asked sap fico interview question on leading ledger and non-leading ledger
1. What is the purpose of non-leading ledger? 2. Can we use extension ledger as base ledger? 3. How many currencies can be assigned to a ledger? 4. Is it possible to close period period of non-leading ledger while keeping posting period of leading ledger open? 5. What is predictive ledger in sap s4hana? 6. Which ledger updates controlling module?
Prepare these questions and face your next sap fico interview with confidence
These are real sap fico interview question on GL accounting. These questions are collected from candidates who appeared in interviews of various companies including IBM, TCS, HCL, Wipro, Infosys, Accenture, Cognizant, Capgemini etc. Whichever company interview you are giving, expect questions from this list. If you are a fresher, prepare answer to these questions in advance. It will surely help you clear the sap fico interview.
