9/22/13

FI-CO interview questions and answers :: ALL Interview .com

Browse | Placement Papers | Company | Code Snippets | Certifications | Visa Question Post Question | Post Answer | My Panel | Search | Articles | Topics | ERRORS

Ask Questions on ANYTHING, that arise in your Daily Life at

FORUM9.COM

Search

Categories >> Software >> ERP-CRM >> SAP >> FI-CO

Question a c c o u n t?

4 )W h a ti st h eu s eo fR e v e l e n tt oC a s hF l o wf i l e di nG L

Question Submitted By :: Sadasiva This Interview Question Asked @ IBM Answer

U s eo ft h i sp o i n ti nG La cm a s t e rr e c o r di fy o ud o n ' tc h e c k t h i sp o i n tt h e nt h ep a y m e n td o c u m e n td o e sn o tt r e a t e da s p a y m e n ta n dy o uw i l lg e tam e s s a g e " t h i si sn o tap a y m e n t d o c u m e n t "b yt h es y s t e m .s ot om a r kt h ed o c u m e n ta sp a y m e n t d o c u m e n tw eu s et h i sf i e l d .

Answer

r e l v a n tt oc a s hf l o wm e a n st og e tc a s ha n db a n kb a l a n c e ss e p a r t e l y

Answer

I fy o ua r eu s i n gC a s hM a n a g e m e n ta n dC a s hC o n c e n t r a t i o nf u n c t i o n a l i t yi nT r e a s u r ym o d u l et h e nt h i sf i e l dh a sg r e a ti m p o r t a n c e . Y o uw i l ls e l e c tt h i sf i e l df o rc a s ha n db a n ka c c o u n t sb e c a u s ea l lm o v e m e n t si nt h e s ea c c o u n t sh a v ec a s hf l o wr e l e v a n c e y . I fy o ud o n ' ts e l e c tt h i sf i e l df o rt h eb a n ka c c o u n tw h i c hy o uu s ef o rm a k i n gd o w np a y m e n t ,w i t h h o l d i n gt a xw i l ln o tb ec a l c u l a t e d .

www.allinterview.com/showqa/FI-CO/page27.html

1/7

9/22/13

FI-CO interview questions and answers :: ALL Interview .com

)w h a ti st h eu s eo fT r a d i n gP a r t n e ri nG La c c o u n t? Question 3

Question Submitted By :: Sadasiva This Interview Question Asked @ IBM Answer

I ti su s e df o rc o n s o l i d a t i o n .E a c ho fy o u rt r a n s a c t i o nt h a t y o ud ow i t hy o u rp a r t n e r / s i s t e r / h o l d i n gc o m p a n yn e e d st o h a v eat r a d i n gp a r t n e r .H e n c e ,i fy o uh a v eas p e c i f i cG / L a c c o u n tt h a ty o us o l e l yu s ew h e ny o ut r a n s a c tw i t ha p a r t i c u l a rc o m p a n yw i t h i ny o u rg r o u p ,t h i sw i l ld e f a u l t y o u rt r a n s a c t i o n st ot h a tc o m p a n y .

)W h a ti st h eu s eo fS o r tc o d e? Question 2

Question Submitted By :: Sadasiva This Interview Question Asked @ IBM Answer

T h es y s t e ms o r t st h el i n ei t e m sa c c o r d i n gt ot h ec o n t e n to f t h es o r tk e ym e n t i o n e di nt h eG Lm a s t e r . F o re x a m p l e :I nac u s t o m e rr e c o n .a c c o u n tw ee n t e r( ' 0 3 1 ' c u s t o m e rn u m b e r )i nS o r tk e yf i e l d .S ow h e ny o ur u nl i n e i t e md i s p l a yF A G L L 0 3-s y s t e mw i l ld i s p l a yl i n ei t e m sS O R T E D b yc u s t o m e rn u m b e r s .

Answer

S o r tC o d eo rS o r tK e y F o rs o r tk e y ,i td e f a u l t sv a l u et ot h eA s s i g n m e n tf i e l d . E x a m p l e ,f o ry o u rG R / I RG / LA c c o u n t s ,u s es o r tc o d e0 1 4 . D u r i n gg o o d sr e c e i p t ,t h eA s s i g n m e n tf i e l do ft h e a c c o u n t i n gd o c u m e n tw i l lb ep o p u l a t e dw i t ht h eP u r c h a s i n g D o c u m e n tn u m b e r .

)H o wM a n yL e a v e l sw ec a nc r e a t eG La c c o u n t? Question 1

Question Submitted By :: Sadasiva This Interview Question Asked @ IBM , Wipro Answer
W ec a nm a i n t a i nG LA c c o u n tb yt w ol e v e l s , i . e . 1 )C h a r to fA c c o u n tL e v e l ,a n d 2 )C o m p a n yC o d eL e v e l .

Answer

w ec a nm a i n t a i n4l e v e l s , i . e . 1 )c h a r to fa c c o u n t s 2 ) r e t a i n e de a r n i n g sa c c o u n t s , 3 ) t o l e r a n c eg r o u pf o rg la c c o u n t 4 ) a c c o u n t sg r o u p s

Answer

W ec a nc r e a t eG La c c o u n t sw i t ht h r e el e v e l s : 1 . C O AL E V E L F s p 0

www.allinterview.com/showqa/FI-CO/page27.html

2/7

9/22/13
1 . C O AL E V E L F s p 0 2 . C O C O D EL E V E L f s s 0 3 . C E N T R A LL E V E L f s 0 0

FI-CO interview questions and answers :: ALL Interview .com

Answer

1 . o p e r a t i n gc h a r to fa c c o u n t sl e v e l 2 . c o m a n yc o d el e v e l 3 . c h a r to fa c c o u n t sl e v e l

Answer

W ec a nc r e a t eG La c c o u n t sw i t ht h r e el e v e l s : 1 . G r o u pC O AL E V E L F s p 0 2 . C O C O D Eo ro p e r a t i o nc o aL E V E L f s s 0

Answer

w ec a nc r e a t eg la c c o u n t sa t3l e v e l s 1 2 3 c e n t r a l l y( f s s 0 ) c o m p a n yc o d el e v e l( f s s 0 ) c h a r to fa / cl e v e ( f s p 0 )

Answer

W ec a nc r e a t eG / LA c c o u n t sa t3L e v e l s . M e n uP a t h > A c c o u n t i n g > f i n a n c i a la c c o u n t i n g > G e n e r a l L e d g e r > M a s t e rr e c o r d s > G / LA c c o u n t s > I n d i v i d u a lP r o c e s s i n g > 1 ) F S 0 0 C E N T R A L L Y 2 ) F S P 0 -I NC H A R TO FA C C O U N T S 3 ) F S S 0 -I NC O M P A N YC O D E M e a n i n g :1 ) C r e a t i n gG / Lc e n t r a l l ym e a n sG / La c c o u n tw i l lb e c r e a t e da tc o m p a n yc o d el e v e la sw e l la sc e n t r a l i z e dc h a r t o fa c c o u n tl e v e la n dc a ne x t e n d e dt oo t h e rc o c o d e 2 )C r e a t i n gG / La c c o u n ta tc h a r to fa c c o u n tl e v e lm e a n sG / L w i l lb ec r e a t e da tp a r t i c u l a rC h a r to fa c c o u n tl e v e lo n l y . I f m u l t i p l eC O Ai si np l a c et h a no t h e rC O Ac a n n ' tu s et h i sG / L . 3 ) C r a t i n gG / La c c o u n ta tc o m p a n yc o d em e a n st h a tG / Lw i l l o n l yb e l o n gt or e s p e c t e dc o c o d eo n l ya n do t h e rc o m p a n yc o d e c a n n ' tu s et h i sG / La c c o u n t .

Question a n d6 . 0v e r s i o n ?( M a i nc h a n g e s ) Question Submitted By :: Manju This Interview Question Asked @ Infosys Answer

c a na n yo n ee x p l a i nt h ed i f f e r e n c eb e t w e e n4 . 7 e ev e r s i o n

N E WG LA / CC O N C E P TA N DD O C U M E N TS P L I T T I N G

Answer

m a j o r l y4a d d i t i o n a lf u n c t i o n sa d d e di nE c c 6 1 . P a r l l e lG e n e r a lL e g e r 2 . D o c u m e n tS p l i t i n g 3 . S e g m e n tR e p o r t i n g 4 . F I \ C oO n l i n eR e c o n c i l a t i o n

www.allinterview.com/showqa/FI-CO/page27.html

3/7

9/22/13

FI-CO interview questions and answers :: ALL Interview .com

o rs a m p l ed o c u m e n ta n da l s og i v e nx 1f o rr e c u r i n gd o c u m e n t , x Question f f o rr e t a i n e de a r n i n g sp l e a s eh e l pm ea b o v ef a q

h ie x p e r t sih a v eaq u e s t i np l e a s ea n s w e rm e: w h yw eg i v e nx 2

Question Submitted By :: Surendra This Interview Question Asked @ IBM Answer

ih o p ew h i l ew r i t i n gt h ep r o g r a mt h e yh a v ed e f i n e di nt h a t w a ys p e c i f i c a l l yf o rr e c u r r i n ga n ds a m p l ed o c u m e n t s . . . . b u tf o rr e t a i n e de a r n i n g sa c c o u n ti no b 5 3uc a ng i v ea n y l e e t e rt h a tw h a tuw a n tb u ti ts h o u l db es i n g l el e t t e r o n l y. . . a n da l s on o to n l yo n er e t a i n e de a r n i n g sa c c o u n t s. . y o uc a n d e f i n ea sm a n ya suw i s h . . . b u ti nr e a lt i m e, o n l yo n e r e a t i a n e de a r n i n g sa c c o u n tw i l lb ed e f i n e d . . .

Answer

B E C A U S ET H O S ED O C U M E N T SA R ER E F E R E N C ED O C U M E N T S

Answer

h i . . ! s a m p l ea n dr e c u r r i n gd o c u m e n t sa r er e f e r e n c ed o c u m e n t s . w h i l et h i sd o c u m e n t sc r e a t i n ga l r e a d yi ns y s t e mu s e sx 1 , x 2f o rb o t ht h ed o c c o m i n gt or e t a i n e de a r n i n g sa / ca tt h ee n do ft h eF Yw en e e dt ot r a n s f e rt h eg la m o u n t st oB / ss of o rt h a tw ec a nd e f i n ea n yk e y ( n e e dt

h a ti st h ed i f f e r e n tb e t w e e nC o m p a n ya n dC o m p a n yC o d e ? Question W

Question Submitted By :: Punitthakur001 This Interview Question Asked @ TCS Answer

C o m p a n ym e a n st h en a m ew ed e f i n ei ta sal e g a le n t i t yn a m e i nw h i c hm a yb et h ec o m p a n yr e g i s t e r e do rt h ec o m p a n yw a n t s i t sn a m ea sah e a d e ro nt h er e p o r t sw h e r e a st h ec o m p a n y c o d ei st h en u m e r i cc o d et h a ta l l o t st oe a c he x c l u s i v e c o m p a n yn a m e s .

Answer

C o m p a n yr e f e r st ol a r g ec o r p o r a t eg r o u p s .I ti su s e df o r c o n s o l i d a t i o no fc o m p a n yc o d e s . I ti si d e n t i f i e dw i t h6d i g i t a / nk e y s C o m p a n yc o d er e f e r st oi n d e p e n d e n tl e g a la n db a l a n c i n g a c c o u n t i n ge n t i t y .I ti si d e n t i f i e dw i t h4d i g i ta / nk e y s . F i n a n c i a ls t a t e m e n t sr e q u i r e db yl a w sa r ec r e a t e da tt h i sl e v e l .

h e c kb o xi nf s o o ? h o wm a n yw a y sw ec a nv i e wb a l a n c e so fg / l Question c a / cl i n ei t e m sw i t h o u tc h e c k i n gl i n ei t e mb o x e s .

h i , h o wc a niv i e wg / la / cb a l a n c e sw i t h o u tc h e k i n gl i n ei t e m

Question Submitted By :: Guest Answer

H i . . . . A sp e rm yk n o w l e d g e ,w ec a nn o ts e eG La c c o u n tl i n e i t e mb a l a n c ei fw ed o n tt i c kt h el i n ei t e mb o xi nF S 0 0 .

www.allinterview.com/showqa/FI-CO/page27.html

4/7

9/22/13

FI-CO interview questions and answers :: ALL Interview .com

Answer

H I , Y o uc a nv i e wi nF S 1 0 N D i s p l a yb a l a n c ef o rt h ep a r t i c u l a r G / La c c o u n t . . . .

T h a n k s R a v i

Question c a na n yp o s tt h es a pe n t r i e s Question Submitted By :: Babu9653 This Interview Question Asked @ SAP-Labs Answer
s a pe n t r i e sa r e 1t o0 9c u s t o m e rd a b i t 1 0-1 9 C u s t o m e rc r e d i t 2 0 -2 9v e n d o rd a b i t 3 0 3 9v e n d o rc r e d i t 4 0G LD a b i t 5 0G lC r e d i t 7 0A s s e tb a d i t 7 5A s s e tc r e d i t

H i ,

H i ,

Question

C o u l dy o up l e a s ee x p l a i nt h eA S A Pm e t h o d o l o g y ? T h a n k si nA d v a n c e , P R S

Question Submitted By :: Prasad_prs This Interview Question Asked @ TCS , Wipro Answer
T h eA S A PR o a d m a pp r o v i d e st h em e t h o d o l o g yf o ri m p l e m e n t i n g a n dc o n t i n u o u s l yo p t i m i z i n gy o u rS A PS y s t e m .I td i v i d e st h e i m p l e m e n t a t i o np r o c e s si n t of i v ep h a s e sa n do f f e r sd e t a i l e d P r o j e c tP l a n st oa s s i s ty o u .T h e ya r e : 1 .P r o j e c tp r e p a r a t i o n 2 .B u s i n e s sB l u e p r i n t 3 .R e a l i s a t i o n 4 .F i n a lP r e p a r a t i o n 5 .G oL i v ea n dS u p p o r t

Answer

1 .P r o j e c tp r e p a r a t i o n s t e e r i n gc o m m i t t e e s y s t e ml a n d s c a p i n g u s e r sa u t h o r i z a t i o nw i l ld e c i d e w h oa r ei np r o j e c tw i l lb ed e c i d e u s e rt r a i n i n g 2 .B u s i n e s sB l u e p r i n t P r e p a r a t i o no dB B P / B P D / K D Sd o c u m e n t s 3 .R e a l i s a t i o n b a s e l i n ec o n f i g u r a t i o n 4 .F i n a lP r e p a r a t i o n b a l a n c e su p l o a d i n g u s e rt r a i n g p r e p a r a t i o no fe n du s e rm a n u a l s 5 .G oL i v ea n dS u p p o r t c h a n g er e q u e s t s u s e rs u p p o r t s i g no f f

www.allinterview.com/showqa/FI-CO/page27.html

5/7

9/22/13
s o l v i n gt i c k e t s

FI-CO interview questions and answers :: ALL Interview .com

Answer

T h ef o l l o w i n ga r et h eb u s i n e s sp r o c e s sm e t h o d o l o g y 1 .P r o j e c tp r e p a r a t i o n 2 .B u s i n e s sB l u e p r i n t 3 .R e a l i s a t i o n 4 .F i n a lP r e p a r a t i o n 5 .G oL i v ea n dS u p p o r t

Answer

1 .P r o j e c tp r e p a r a t i o n Q u e s t i n a i r e( w i t hc l i n t s ) A S I S T O B E 2 .B u s i n e s sB l u e p r i n t B P D 3 .R e a l i s a t i o n C o n f i g a r a t i o n 4 .F i n a lP r e p a r a t i o n T e s t i n g 5 .G oL i v ea n dS u p p o r t E n dU s e rT r a i n i n g H a n d l i n gT i c k e t s

h a ta r et h eg la c c o u n tt h a ts h o u l db es e l e c t e da s' p o s ta u t o m a t i c a l l yo n l y ' Question w

Question Submitted By :: Sapuser Answer

S t o c kc o n s u m p t i o na c c o u n t , d i s c o u n t sa l l o w e d ,d i s c o u n t s r e c i v e d , d e p r e c i a t i o na c c o u n t se t c . , h e r ey o uf o rs t o c kc o n s u m p t i o ny o ua r en o tp o s t i n ga n y e n t r i e ss i n c ei tt a k e sp l a c ei nM M . D i s c o u n t sa l l o w e da n dr e c i v e dt a k e sp l a c ew h e ny o ua l l o w d i s c o u n tt oc u s t o m r e so rr e c e i v e df r o mv e n d o r s .

Answer

Iw i l la g r e ew i t hR a ja n df e wm o r ea r eB a dd e b ta / c ' s , r e t a i n e de a r n i n ga / c ' s . . . f o rf u r t h u rd e t a i l e di n f o .g ot o F B K P> > >a u t o m a t i cp o s t i n g s. . uf i n dt h el i s to fa u t o m a t i c p o s t i n g sr e q u i r e d . . .

Question 2 2t h i si s s s u er a i s i n g ,D o c u m e n tn u m b e rf o rg e n e r a ll e d g e r
d o c u m e n tc o u l dn o tb ed e t e r m i n e d "

H i ,f r i e n d sc a na n y b o d ys o l v et h i si s s u e ? w h i l ei ' mt r y i n gt op o s tc u s t o m e ri n v i c et h r o u g ht c o d ef -

Question Submitted By :: Pjanardhan80 Answer

h i ,ih o p euh a v ec r e a t e dt h ec u s t o m e ra n dh a dn o tg i v e n t h er e c o n c i l l a t i o na / cb c o zf 2 2i sac u s t o m e ri n v o i c e .A s o fm yk n o w l e d g eA Ri sc o n n e c t i n gw i t hG Lv i aR e c o nA / c o n l y . s op l e a s ec h e c kw h e t h e ruh a dg i v e nr e c o na / co rn o t

Answer

c h e c kf i r s tw a tis a i di nt h ea n s w e r 1. . i fy e st h e nc h e c k m i g h tuh a v ea c t i v a t e dn o n l e a d i n gl e d g e r .

www.allinterview.com/showqa/FI-CO/page27.html

6/7

9/22/13

FI-CO interview questions and answers :: ALL Interview .com

t h e nd e a c t i v a t et h en o nl e a d i n gl e d g e r. . o ra s s i g nt h e d o c u m e n tt y p ea n dd o c .n u m b e rr a n g ei n t e r v a li nt h eg e n e r a l l e d g e rv i e w . . . . f o rt h ep u r p o s eo fn o nl e a d i n gl e d g e r

Answer

it h i n ky o ud i dn o ta s s i n gn or a n g ei nd o c u m e n tn or a n g e f o rg e n e r e ll e d g e rv i e wf o rt h i sd o c u m e n tt y p e" D R " .y o u a s s i g nt h e np o s tt h ei n v o i c e .

Answer

H e ym yd e a rf r i e n d,f o rt h i ss p e c i f i ce r r o ry o un e e dt o d e f i n eN u m b e rr a n g ef o rg e n e r a ll e d g e rv i e w,g ot o t r n s a c t i o nF A G L _ D O C N Ra n dd e f i n en u m b e rr a n g eo rc o p yi t f r o mr e l a r e dc o m p a n yc o d e.

Question C o u l dy o up l e a s ee x p l a i na b o u tt h eA S A Pm e t h o d o l o g y ? Question Submitted By :: Guest Answer

A S A PM E T H O D O L O G YI SS A PR O A D M A PP R O V I D E DB YT H ES A PA GF O R T H ES M O O T HI M P L E M E N T A T I O NO FS A P .I TC O N T A I N S5P H A S E S W H I C HA R E 1P R O J E C TP R E P A R A T I O N 2 . P R E P A R A T I O NO FB U S I N E S SB L U EP R I N T 3 . C O N F I G U R A T I O N 4 . F I N A LP R E P A R A T I O N 5 . G O L I V EA N DS U P P O R T

Answer

a n j a n e y u l ui sc o r r e c tn i c ea n s w e r

Back to Questions Page

Copyright Policy | Terms of Service | Help | Site Map 1 | Articles | Site Map |

Site Map | Contact Us

Copyright 2012 ALLInterview.com. All Rights Reserved.

ALLInterview.co m

:: Fo rum9.co m

:: KalAajKal.co m

www.allinterview.com/showqa/FI-CO/page27.html

7/7