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SAP Company Financial Interview Questions

Below we have listed all the SAP Company Financial Interview Questions and answers. Feel free to comment on any SAP Company Financial Interview Questions or answer by the comment feature available on the page.

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SAP Financial Database provides a framework for managing your control, reporting, and compliance data and all related applications. SAP ERP is enterprise resource planning software developed by the German company SAP SE. SAP ERP incorporates the key business functions of an organization. The latest version (SAP ERP 6.0) was made available in 2006. The most recent Enhancement Package (EHP8) for SAP ERP 6.0 was released in 2016.

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Question
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Can one COA be assigned to several companies?
4.7 Rating
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What is reconciliation account; can you directly enter documents in that a/c?
4.4 Rating
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Which Master data uploads will be done?
4.3 Rating
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Suppose I have purchased goods of 10 units(raw materials or semi-finished goods) worth Rs10000 from vendor A (suppose) and also made payment for the same. Now during the manufacturing process, it was observed that 3 units are defective, now my question is how do we deal with the defective units in SAP as I have already made payment for the 10 units(i.e Rs10000).
4.3 Rating
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What is open line item management? What do you mean by clearing open line items?
4.5 Rating
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What do you enter in Company code Global settings?
4.9 Rating
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What is Country and operational chart of account? Why do you use group chart of account?
4.7 Rating
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Please tell me the procurement cycle how it works?
4.2 Rating
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What does definition of a chart of account contains?
4.5 Rating
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What are adjustment postings and its use? Give t.codes and paths if possible?
3.8 Rating
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What is internal and external number ranges?
3.6 Rating
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How do you reverse cleared documents?
4.3 Rating
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How many Normal and Special periods will be there in fiscal year, why do u use special periods?
3.6 Rating
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Suppose in 2004 I have depreciation key 'AB&in 2005 depreciation key I have changed to"CD". In what way my balances would be affected like balances of depreciation,accumulated depreciation,assets etc.
3.5 Rating
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After entering a document can you delete the entry? Can you change the document? Which fields? can/not is changed?
4.6 Rating
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What is field status group, what does it control?
4.1 Rating
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While posting transaction, can we give cost centre / production order at time.
3.9 Rating
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How many financial statement versions can be assigned to co.code?
3.9 Rating
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Difference between Depreciation ,Accumulated Depreciation and APC?
What is APC?
3.2 Rating
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Where do you open and close periods?
4.4 Rating
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India News Network
Latest 20 Questions
An offer which is open for acceptance over a period of time is: (a) Cross Offer (b) Counter Offer (c) Standing Offer (d) Implied Offer
Specific offer can be communicated to__________ (a) All the parties of contract (b) General public in universe (c) Specific person (d) None of the above
_________ amounts to rejection of the original offer. (a) Cross offer (b) Special offer (c) Standing offer (d) Counter offer
A advertises to sell his old car by advertising in a newspaper. This offer is caleed: (a) General Offer (b) Special Offer (c) Continuing Offer (d) None of the above
In case a counter offer is made, the original offer stands: (a) Rejected (b) Accepted automatically (c) Accepted subject to certain modifications and variations (d) None of the above
In case of unenforceable contract having some technical defect, parties (a) Can sue upon it (b) Cannot sue upon it (c) Should consider it to be illegal (d) None of the above
If entire specified goods is perished before entering into contract of sale, the contract is (a) Valid (b) Void (c) Voidable (d) Cancelled
______________ contracts are also caled contracts with executed consideration. (a) Unilateral (b) Completed (c) Bilateral (d) Executory
A offers B to supply books @ Rs 100 each but B accepts the same with condition of 10% discount. This is a case of (a) Counter Offer (b) Cross Offer (c) Specific Offer (d) General Offer
_____________ is a game of chance. (a) Conditional Contract (b) Contingent Contract (c) Wagering Contract (d) Quasi Contract
There is no binding contract in case of _______ as one's offer cannot be constructed as acceptance (a) Cross Offer (b) Standing Offer (c) Counter Offer (d) Special Offer
An offer is made with an intention to have negotiation from other party. This type of offer is: (a) Invitation to offer (b) Valid offer (c) Voidable (d) None of the above
When an offer is made to the world at large, it is ____________ offer. (a) Counter (b) Special (c) General (d) None of the above
Implied contract even if not in writing or express words is perfectly _______________ if all the conditions are satisfied:- (a) Void (b) Voidable (c) Valid (d) Illegal
A specific offer can be accepted by ___________. (a) Any person (b) Any friend to offeror (c) The person to whom it is made (d) Any friend of offeree
An agreement toput a fire on a person's car is a ______: (a) Legal (b) Voidable (c) Valid (d) Illegal
"Holiday Packages" announced as an advertisement are an example of _________: (a) Offer (b) Counter Offer (c) Invitation to Offer (d) None of the above
A match fixing contract between a player and a broker is a: (a) Valid Contract (b) Unenforceable Contract (c) Void Contract (d) Illegal Contract
When a bookseller sells a book on cash payment then it is called as ___________: (a) Unilateral Contract (b) Bilateral Contract (c) Executed Contract (d) Executory Contract
____________ agreements are created by situation: (a) Written (b) Oral (c) Void (d) Implied
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