May 13, 2024 SAP FICO Tutorials 0 Comments What is a ‘Bank Director’ in SAP? SAP stores the master data (details such as bank key, bank name, bank ... Read More
May 13, 2024 SAP FICO Tutorials 0 Comments What is ‘Dual Control’ in Master Records? ‘Dual Control’ helps to prevent unauthorized changes to the important and ‘sensitive’ fields in ... Read More
March 1, 2024 SAP FICO Tutorials 0 Comments Explain ‘Tolerance’ in Transaction Processing. ‘Tolerances’ are defined in the system to facilitate dealing with the differences arising ... Read More
March 1, 2024 SAP FICO Tutorials 0 Comments What is the ‘Trading Partner’ concept? The ‘Trading Partner’ concept is used to settle and reconcile ‘inter-company transactions,’ both ... Read More
February 26, 2024 SAP FICO Tutorials 0 Comments Who is an ‘Alternate Payee’? A customer who pays on behalf of another customer is known as an ... Read More
February 26, 2024 SAP FICO Tutorials 0 Comments Explain ‘Customer/Vendor Master Records’. There are three categories of data maintained in a typical master record for ... Read More
October 26, 2023 SAP FICO Tutorials 1 Comment Procure-to-Pay (PTP) process (T-codes) in SAP Knowledge for the day: “Procure-to-Pay (PTP) process (T-codes) in SAP” Read More
May 12, 2023 SAP FICO Tutorials 0 Comments What is the ‘New FI-GL’ in FI in ECC? The traditional or ‘Classic FI-GL accounting’ in FI has been focused on providing ... Read More
December 22, 2022 SAP FICO Tutorials 3 Comments Top 50+ SAP FICO Interview Questions with their Answers 1. What do you understand by the term SAP FICO? SAP is the ... Read More