SAP FI/CO Demystified: Questions & Answers 1st Edition, authored by V. Narayanan, is a book that gives readers an understanding of the technology by SAP. SAP FI/ CO Demystified: Questions and Answers top of page ABSTRACT. Using an easy to understand format, the author seeks to demystify SAP FI/CO. : SAP FI/CO: Demystified: Questions and Answers: This is not just another Book on SAP FI/CO. Through an easy-to-understand `Questions.

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Generally, it is a two digit number when is entered during defining of item.

Questions and Answers PDF

It only understands qquestions year. Q22 What exactly do you call a short-end Fiscal Year? There are options for manual payments that can be made either in cash or through cherubs.

It is possible for the users to configure upto 3 currencies and among which one generally remains local sap fico demystified questions and answers other can be considered as parallel. Q15 Can you name a few methods with the help of which the vendor invoice payments can be taken care of?

View Answer Is business area at company code level? Popular Courses in View Answer What are the problems when business area is configured? They can be accessed through two options and they are Document level and the line level.

However, it is not always necessary that sap fico demystified questions and answers all the organizations the calendar year is the financial year. Errors are of lot of types and can be due to a diverse array of reasons. View Answer What are the statistical internal orders? View Answer What are the methods by which vendor invoice payments can be made? Q21 What prerequisites are there which users need to handle when it comes to document clearing?


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Financial statements also enable business to get reducation in taxes in a few cases. Q25 Name a few important components of the charts that matters in accounting? Salesforce Lightning Training 5. Previous Next Autoplay Stop.

It simply give idea about the type of posting which can either be credit or debit as well as the type of accounts. Microsoft Azure Training 5. It is not always necessary that everyone needs to sap fico demystified questions and answers the FICO in the same manner. Generally it is accountable to control accounting periods that are complex.

SAP FICO has tax procedure already defined in it for various nations sap fico demystified questions and answers the users are free to get the information regarding the same.

View Answer How many Chart of Accounts can company code have? The user needs to provide the controller name, Description, Currency option is to be selected, risk category is to be selected and then the information about the Fiscal variant is also to be provided. They are generally used when it comes to defining any data that is related to fiscal year.

View Answer What is sap fico demystified questions and answers dependent fiscal year variant? It is basically an approach that is used for the purpose of maintaining the General Ledger accounts. View Answer Where can you use the internal order? It focuses on business and technical decisions that need to be taken during, before or after administration of FICO module.


All the financial accounts can be extracted through it along with all the relevant information required by the users. There are several useful modules sap fico demystified questions and answers it is possible for the users to consider this approach under an integrated manner.

It questoons possible for the users to customize it if required. Machine Learning Training 5. View Answer What is the importance of asset classes? View Answer Is it possible to calculate depreciation to the day?


Organizations are allowed to add two more currency option than their local. It simply makes sure of sap fico demystified questions and answers the situation such as risk of demystifeid debts and outstanding receivables. Well, it simply enables them to keep an eye on the purposes for which a specific amount was send including all its information. The organizations are free to use any two options for parallel that they seem to have more need.