Wednesday, July 31, 2013

SAP FICO Class Assessment

Perhaps one of the leading and spicy training modules of SAP is (FICO) or Financials and controlling module. Lots of individual users choose to effectively dive into the endevour for attaining SAP FICO online training entirely. This is often often splendidly accepted as an awfully sizzling and salty portion of SAP and many enrollees pick to really undergo its practical training. It applies to one of the best technical points i.e. Reserve retaining and management of your respective business. Numerous establishments are conducting mental crash SAP FICO training programs to teach their own team. Moreover, the IT branch has lots of top FICO related work for all those a lot of people who exactly grab nuances of FICO.


Circumstances for Drain FICO Online Training Course:
  
There aren t many pragmatic vital conditions before obtaining Drain FICO online training. The chief and then the leading requirement would certainly academic parameters i.e. the mortal need to have exceeded any selling level. The wise know-how of a website is as well crucial for displayed the nominee likewise. The contestants Who may have was employed inside the reserve retaining and price financial subject for one season might just be adequate contestants to actually endure Erode FICO training. Briefly, the nominee ought to have the necessary facts of area, bookkeeping, high quality management and put on record statistics.


Different Alternatives to be advised Erode FICO

You will get the permissible Remove FICO courses within the following well-liked way. You will never specifically figure out the charges of the Drain FICO course simply because they contrast from location to location. Once profit the Erode FICO courses, you’d be accorded an alternate proficient stimulate that may take your livelihood considerable ahead as part of your getting in touch with. Plenty of IT positions could be these days at the access right once finishing up SAP FICO workout program with the use of achieving success.


The Remove FICO module will be the most essential dimm of every. Erode FICO feature is the fact that the lending module that is just like king dimm for any opposite training modules. This military courses can arrange one to make yourself a trainee/junior point FI/CO adviser. Victimization this Remove FICO online modules you’ll just simply see a provoke FI/CO adviser position with any consultancies and go ahead after that to actually stimulate on the act proper training to become a coached expert.

Tuesday, February 19, 2013

SAP FICO INTERVIEW QUESTIONS


INTERVIEW QUESTIONS AND ANSWERS

What is the SAP® implementation roadmap and what steps are involved
in it?

The SAP implementation roadmap is a standard process provided by SAP AG for
smooth SAP implementation and is called the ASAP Roadmap. The ASAP Roadmap
consists of five phases: (1) Project Preparation, (2) Business Blueprint, (3) Realiza-
tion, (4) Final Preparation, and (5) Going Live and Support.

FIGURE 1.1

Project Preparation—In this phase of the ASAP Roadmap, decision-makers define
clear project objectives and an efficient decision-making process. Here, project
organization and roles are defined and implementation scope is finalized.
Business Blueprint—In this phase, the scope of the R/3 implementation is defined
and the Business Blueprint is created. The Business Blueprint is a detailed docu-
mentation of the customer’s requirements.
Realization—The purpose of Phase 3 is to configure the R/3 system. The
configuration is carried out in two steps: baseline configuration and final
configuration.

INTERVIEW QUESTIONS AND ANSWERS

Final Preparation— The purpose of this phase is to complete the final
preparation of the R/3 system for going live. This includes testing, user train-
ing, system management, and cutover activities to finalize your readiness to
go live.
Going Live and Support—During this phase, the first early watch session should
be held, where SAP experts analyze the system’s technical infrastructure. The
aim is to ensure the system functions as smoothly as possible.

What does system landscape mean?

The system landscape represents the SAP system deployment at your imple-
mentation site. Ideally, in an SAP environment, a three-system landscape exists,
consisting of the development server (DEV), quality assurance server (QAS),
and production server (PRD). This kind of setup is not primarily designed to
serve as a server cluster in case of system failure; rather, the objective is to enhance
“configuration pipeline management.”

PRD

PROD

QTST

TRNG

Quality assurance
system

Production
system

FIGURE 1.2 System landscape

The system landscape is the system structure that you have for your imple-
mentation project. For example, you might have a development system, quality
assurance (QA) system, and production system. It also includes how the configu-
ration change goes through these systems and what controls there are. System
landscape mostly has to do with the systems, their servers, and so forth.

1.1 SAP-GENERAL

Specs represent specifications. In an information technology (IT) environment, you
will find two kinds of specifications: (1) functional specifications and (2) technical
specifications. These documents contain the business requirements, such as inputs,
solutions, processing logic, and so on.
Functional specification: The documentation typically describes what is
needed by the system user as well as requested properties of inputs and outputs.
The functional specification is business-oriented. A functional specification does
not define the inner workings of the proposed system, nor does it include informa-
tion for how the system function will be implemented. Instead, it focuses on what
various outside agents (e.g., people using the program, computer peripherals, or
other computers) might observe when interacting with the system.
Technical specification: While the functional specification is business-oriented,
the technical specification is system-oriented and discusses programming.

How many versions of the implementation guides (IMGs) are available
in SAP? What are they?

There are three versions of the IMG available in SAP. These are:
Reference IMG—The reference IMG contains all configuration transactions avail-
able for all functionalities/modules/submodules in the installed versions of
SAP R/3. The reference IMG represents the base set of configuration options
from which SAP functionality can be configured. All other versions of the IMG
are subsets of the reference IMG.

Enterprise IMG—The enterprise IMG only contains configuration transactions
that are applicable to a specific company’s installation of SAP software. The
enterprise IMG serves the purpose of filtering out configuration options that
are not required by a company if certain modules are not implemented.

Project IMG—A project IMG contains a subset of the enterprise IMG config-
uration transactions that need to be configured to complete a specific project.

In SAP solutions, is it possible to have a self-defined transaction code?

Yes, self-defined reports, transactions, and functions are possible within SAP
solutions. There might be numerous reasons why a company would want

INTERVIEW QUESTIONS AND ANSWERS

customized transaction codes or reports. To cater to this demand, SAP allows the
creation of user-defined transaction codes.
User-defined transaction codes allow the user to speed up access to specific
reports or programs since the user no longer needs to use transaction code SE38,
enter the program name or report name, and press Execute. Instead, the user can
simply use a predefined transaction code that will automatically open the program.
Customized T-codes can be created by using transaction code SE93. Follow these
steps to create a transaction code:
1. Name your transaction code. In this case, it is ZTEST1.

Naming a transaction code

2. Click on the Create button and then select the relevant option in the screen that
appears. In this case, select Program and selection screen.

Creating a transaction code

1.1 SAP-GENERAL

3. Click on the check mark icon at the bottom left of the screen. In the next
screen that appears, assign a program name and selection screen and save
your work. Now your transaction code ZTEST1 is ready for execution.

FIGURE 1.5 Your new transaction code

What is the best practice for transporting configuration requests? How
can you transport a configuration request?

In standard SAP implementation, there will be three clients: (1) Development,
(2) Quality, and (3) Production. These three clients may be located within one
server or on different servers for each client. Configuration will be carried out in
the Development client and transported to the Testing client. After satisfactory test-
ing of the SAP R/3 system, configuration will be transported from the Development
client to the Production client.
If different servers are used for different clients, the request is generated in
the Development client, which has to be released first through transaction code
SE10. Then the basis consultant will move the request to QUALITY through STMS,
which is really the job of the basis consultant. After thorough testing, you can again
ask the basis consultant to transport through STMS to move the request to the
Production client.

INTERVIEW QUESTIONS AND ANSWERS

Using transaction code SE10

If clients are located on the same server, transaction code SCC1 is used to trans-
port requests from one client to another client. For example, if in the Development
server itself you have the golden client (a SAP-specific word used for a good client),
i.e., DEV and one more client for Testing, you do not need to release the request in
SE10. You can do this directly through transaction code SCC1 in the Testing client
by giving the request number. Here, you may not require basis help.

SAP FINANCE & CONTROLS:   A BRIEF INTRODUCTION & OUTLINE
In today’s world of innovation through Information Technology, SAP is truly a dynamic package by which
one can integrate, diversify, and streamline their work-processes with multi-dimensional compatibility.
SAP – “Systems, Applications, and Products in Data Processing” – was founded in 1972 with its
headquarters in Walldorf, Germany.  
For those who are in the Finance/Accounting Profession who wish to delve into a creative and
interactive scenario by which they can apply their hands-on experience & expertise to another level of
fantastic intellectual stimulation, SAP FI/CO Implementation & Configuration is truly the ultimate.  Their
expertise will render them to very swiftly master its technical configuration – for the concepts are all
part of every Finance/Accounting Professional’s innate thought-process – and - the SAP modules follow
a thorough schematic pattern by which all functionalities & technicalities are logically laid-out.
SAP Financial Accounting (FI) is an important core module where in live-time, the financial processing
transactions are all captured to provide the basis via which data is drawn for external reporting.  This
SAP FI Module is integrated with many parallel modules that enable a company to unify processes that
may have needed the utilization of many software packages.  
Other Modules of SAP that commonly find a role of integration with FI are (but not limited to) Material
Management (MM), Sales & Distribution (SD), Human Resources (HR), Product Planning (PP), Controlling
(CO), etc.   Amongst these CO – Controlling is another major focus for those coming from the
Finance/Accounting/Auditing/Budgeting and Financial Reporting/Analysis Backgrounds/Professions.
SAP FI:  There are many sub-modules that streamline and specialize in each aspect of the Financial
Accounting Processes:   
AA – Asset Accounting
AP – Accounts Payable
AR – Accounts Receivable
BL – Bank Accounting
FM – Funds Management
GL – General Ledger Accounting
LC – Legal Consolidations
SL – Special Purpose Ledger
TM – Travel Management
Out of the above, FI-AR, FI-AP, & FI-AA are the three sub-modules that send simultaneous
postings to FI-GL.    SAP FI/CO

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