Preparing for an SAP FICO (Financial Accounting and Controlling) interview involves understanding both technical and functional aspects of the SAP FICO module. Here is an overview of key topics and areas you might be questioned on during an SAP FICO interview:
1. General Questions:
Introduction to SAP FICO: Basic concepts, importance, and role of FICO in SAP.
Experience and Background: Your experience with SAP FICO, types of projects worked on, roles, and responsibilities.
2. Technical Questions:
Configuration:
How to configure company codes, business areas, and chart of accounts.
Configuration of GL accounts, vendor accounts, and customer accounts.
Tax configurations, withholding tax settings.
Integration:
Integration points between FI and CO.
Integration with other SAP modules (MM, SD, PP).
Document Management:
Document types, number ranges.
Posting periods, fiscal year variants.
Master Data:
Creation and management of master data (GL accounts, cost centers, profit centers).
Differences between account groups and field status groups.
Reports and Analysis:
Standard reports in SAP FICO.
Custom reporting (using Report Painter, Report Writer).
3. Functional Questions:
Financial Accounting (FI):
Accounts Payable (AP) and Accounts Receivable (AR) processes.
Asset Accounting: Fixed assets management, depreciation.
Bank Accounting: House banks, electronic bank statements.
Financial Statements: Balance sheet, P&L statement.
Controlling (CO):
Cost Element Accounting: Primary and secondary cost elements.
Cost Center Accounting: Cost centers, activity types.
Internal Orders: Creation, settlement.
Profit Center Accounting: Profit centers, segments.
Product Costing: Costing types, cost components.
4. Scenario-Based Questions:
Real-world scenarios and how you would handle specific business requirements using SAP FICO.
Troubleshooting and problem-solving questions related to typical issues faced in SAP FICO.
5. SAP FICO Best Practices:
Implementation methodologies (ASAP, Activate).
Best practices in configuring and using SAP FICO.
Data migration strategies and tools (LSMW, BDC).
6. Soft Skills and Behavioral Questions:
Communication and teamwork skills.
How you manage project deadlines and pressures.
Conflict resolution in a project environment.
Preparation Tips:
Hands-on Practice: Make sure to practice in a sandbox or demo environment.
Documentation: Familiarize yourself with SAP FICO documentation, whitepapers, and implementation guides.
Study Guides: Use study guides and certification materials to cover all aspects of SAP FICO.
Mock Interviews: Participate in mock interviews to get comfortable with the interview format and types of questions.
Example Interview Questions:
Explain the integration points between SAP FI and CO.
How do you configure a new company code in SAP FICO?
What are the different types of depreciation methods in asset accounting?
Describe the process of handling inter-company transactions in SAP.
How do you manage cost center hierarchies in SAP CO?
By understanding these areas and preparing accordingly, you'll be well-equipped to handle an SAP FICO interview successfully.