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    Sap Fico Faqs

    Uploaded by

    ananth-j
    1) No FI documents are created during a purchase order, but a commitment may be posted to a cost center. The offsetting entry posts at goods receipt. 2) Dunning levels differ based on the urgency of dunning texts, charges, and minimum/maximum amounts. 3) House banks can have multiple GL accounts assigned; these are configured when defining the bank master data and bank accounts.

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    Sap Fico Faqs

    Uploaded by

    ananth-j
    16 views5 pages
    1) No FI documents are created during a purchase order, but a commitment may be posted to a cost center. The offsetting entry posts at goods receipt. 2) Dunning levels differ based on the urgency of dunning texts, charges, and minimum/maximum amounts. 3) House banks can have multiple GL accounts assigned; these are configured when defining the bank master data and bank accounts.

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    Sap Fico Faqs

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    1) No FI documents are created during a purchase order, but a commitment may be posted to a cost center. The offsetting entry posts at goods receipt. 2) Dunning levels differ based on the urgency of dunning texts, charges, and minimum/maximum amounts. 3) House banks can have multiple GL accounts assigned; these are configured when defining the bank master data and bank accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    16 views5 pages

    Sap Fico Faqs

    Uploaded by

    ananth-j
    1) No FI documents are created during a purchase order, but a commitment may be posted to a cost center. The offsetting entry posts at goods receipt. 2) Dunning levels differ based on the urgency of dunning texts, charges, and minimum/maximum amounts. 3) House banks can have multiple GL accounts assigned; these are configured when defining the bank master data and bank accounts.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    SAP FI/CO Faqs

    FI/CO Questions:

    1. Whether any FI doccument will be created during PO(Purchase order)? If please mention the
    entry also.
    2. What factors differentiates from one dunning level and other dunning level?
    3. APP There will be many banks in a house bank. If the payment should be maid from
    particular bank GL account. Where it is need to configured.
    4. What are various types of servers in SAP R/3
    5. Can anybody explain me FI-MM integartion.pl explain in detail
    i. movement types
    ii. account class
    iii. material types
    6. Maximum no. of dunning levels are created?
    7. In how many ways APP is configured
    8. What is diff between AAM, Recurring entries, Sample doccument?

    Find here with the answers for your questions:

    1.Whether any FI document will be created during PO(Purchase order)?If pl mention the entry
    also?

    Ans: There is no document that is created in FI side during PO. But in controlling there can be
    a commitment posting to a Cost Center. The offsetting entry is posted at the time of GR.

    2.What factors differentiates from one dunning level and other dunning level

    Ans: The most important thing that differentiates the dunning levels are the dunning texts. The
    dunning text defines the urgency of the dunning notice. The other things can be the dunning
    charges, minimum & maximum amounts etc.

    1/5
    SAP FI/CO Faqs

    3.APP

    There will be many banks in a house bank. If the payment should be maid from particular bank
    GL account. Where it is configured.

    Ans: There can be several accounts in the same house bank. We should assign the GL
    accounts exclusively at the time of creating the Bank master data and the bank accounts.
    Accordingly we can do the bank determination in FBZP for the individual banks and the
    corresponding sub accounts.

    Tr code for Defining bank : FI12.

    4.What are various types of servers in SAP R/3?

    Ans: The Typical SAP landscape looks something like figure 1.4 below:

    5.can anybody explain me FI-MM integartion.pl explain in detail

    i. Movement types:

    Classification key indicating the type of material movement (for example, goods receipt, goods
    issue, physical stock transfer).

    The movement type enables the system to find predefined posting rules determining how the
    accounts of the financial accounting system (stock and consumption accounts) are to be posted
    and how the stock fields in the material master record are to be updated.

    2/5
    SAP FI/CO Faqs

    ii. Valuation class

    Assignment of a material to a group of G/L accounts

    Along with other factors, the valuation class determines the G/L accounts that are updated as a
    result of a valuation-relevant transaction or event, such as a goods movement.

    The valuation class makes it possible to:

    - Post the stock values of materials of the same material type to different G/L accounts
    - Post the stock values of materials of different material types to the same G/L account

    iii. Transaction/Event Key

    Key allowing the user to differentiate between the various transactions and events (such as
    physical inventory transactions and goods movements) that occur within the field of inventory
    management.

    The transaction/event type controls the filing/storage of documents and the assignment of
    document numbers.

    iv. Material Type

    Groups together materials with the same basic attributes, for example, raw materials,
    semifinished products, or finished products.

    3/5
    SAP FI/CO Faqs

    When creating a material master record, you must assign the material to a material type. The
    material type you choose determines:

    - Whether the material is intended for a specific purpose, for example, as a configurable
    material or process material
    - Whether the material number can be assigned internally or externally
    - The number range from which the material number is drawn
    - Which screens appear and in what sequence
    - Which user department data you may enter
    - What procurement type the material has; that is, whether it is manufactured in-house or
    procured externally, or both

    Together with the plant, the material type determines the material's inventory management
    requirement, that is:

    - Whether changes in quantity are updated in the material master record


    - Whether changes in value are also updated in the stock accounts in financial accounting

    6.Maximum no. of dunning levels are created?

    Ans: 9 levels maximum.

    7.In how many ways APP is configured?

    Tr Code: FBZP

    8.What is diff between AAM,Recurring entries,Sample doccument?

    4/5
    SAP FI/CO Faqs

    Account Assignment Model:

    A reference for document entry that provides default values for posting business transactions.
    An account assignment model can contain any number of G/L account items and can be
    changed or supplemented at any time. In contrast to sample documents, the G/L account items
    for account assignment models may be incomplete.

    Recurring Entries:

    A periodically recurring posting made by the recurring entry program on the basis of recurring
    entry original documents.

    The procedure is comparable with a standing order by which banks are authorized to debit rent
    payments, payment contributions or loan repayments.

    Sample Documents:

    Special type of reference document. Data from this document is used to create default entries
    on the accounting document entry screen.

    Unlike an accounting document, a sample document does not update transaction figures but
    merely serves as a data source for an accounting document.

    5/5

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