ABAP Objective Questions and Answers

ABAP Objective Questions and Answers

 1 Full Buffering would be appropriate for 
A. Transaction Tables
B. Small Static tables
C. Internal Tables
D. Tables with generic Keys 
 
 2 What is the basic object of data Dictionary
A. Domains
B. Documentation
C. Data Models
D. Dynpro
 3 Search help can not be attach to:
A. Domain
B. field of a table
C. check table 
D. Type
 4 Sub query usually more efficient because: 
A. data is filtered in the database 
B. data is filtered on the network
C. data is filtered in the sapgui
D. data is filtered at the application server
 5  It is better to buffer a table when
A. When a table is read infrequently
B. When a table is linked to check tables
C. When a table is read frequently and the data seldom changes 
D. When a single record is to be picked up
 6  In Inner and outter join
A. buffers are always used
B. Choice of buffer can be made to use
C. buffers are always bypassed 
D. None of above
 7  What is invalid attribute of a domain
A. Type
B. Fixed values
C. Length
D. Header
  
 8 Data element is an example of
A. Physical Definition
B. Business Object
C. Semantic Domain
D. Technical Domain
  9 What is true
A. A view contains data
B. Views can be buffered 
C. Views can not be buffered
D. None of above
 
10 Command flushes the database buffers
A. $TAB
B. $RESET
C. $INIT
D. $FREE
11 How many lists can exist in parallel in an interactive reporting?
A. An Interactive report can have 1 basic list and up to 20 Secondary lists. 
B. An Interactive report can have 1 basic list and up to 19 Secondary lists. 
C. An Interactive report can have 1 basic list and up to 19 Secondary lists. 
D. An Interactive report can have 1 basic list and up to 21 Secondary lists.
12. What are the check tables and value tables? (Multiple Answer)
A. Check table will be at field level checking.
B. Value table will be at domain level checking 
C  Value table will be at field level checking
D. Check table will be at domain level checking.
13.What are presentation and application servers in SAP? (Multiple Answer)
A. Application server is actually a program named Sapgui.exe. It is usually installed On a user’s workstation. 
B. Application server is a set of executables that collectively interpret the ABAP/4 Programs and manage the input & output for them.
C. Presentation server is actually a program named Sapgui.exe. It is usually installed On a user’s workstation. 
D. Presentation server is a set of executables that collectively interpret the ABAP/4 Programs and manage the input & output for them.
14.What is the difference between Synchronous and Asynchronous updates? (Multiple Answer)
A. In synchronous processing, the program waits: control returns to the program only when the task has been completed. 
B. In asynchronous processing, the program does not wait: the system returns control after merely logging the request for execution. 
C. In asynchronous processing, the program waits: control returns to the program only when the task has been completed. 
D. In synchronous processing, the program does not wait: the system returns control after merely logging the request for execution.
15.What are the main events an interactive report have? (Multiple Answer)
A. Top-of-page during line selection. 
B. At line-selection. 
C. At user-command. 
D. AT New
16.How many types of tables exist in data dictionary? (Multiple Answer)
A. Transparent tables 
B. Internal Table
C. Pool tables
D. Hash Table
E. Cluster tables 
F. Master Data Table
17. What is the difference between UPLOAD and WS_UPLOAD? (Multiple Answer)
A. WS_UPLOAD - File transfer with dialog from presentation server file to internal table. Data which is available in a file on the presentation server is transferred in an internal table. ASCII & Binary files can be transferred. 
B. UPLOAD - To read data from the presentation server into an internal table without a user dialog, use the function module WS_UPLOAD. The most important parameters are listed below.
C. UPLOAD - File transfer with dialog from presentation server file to internal table. Data which is available in a file on the presentation server is transferred in an internal table. ASCII & Binary files can be transferred. 
D.WS_UPLOAD - To read data from the presentation server into an internal table without a user dialog, use the function module WS_UPLOAD. The most important parameters are listed below.
18.Is Session Method, Asynchronous or Synchronous?
A. Asynchronous 
B. Synchronous 
C. Synchronous and Asynchronous 
D. None of above
19. What are the differences between SAP memory and ABAP memory? (Multiple Answer)
A. SAP Memory is a memory area in the internal session (roll area) of an ABAP program. Data within this area is retained within a sequence of program calls, allowing you to pass data between programs that call one another. It is also possible to pass data between sessions using SAP Memory. 
B. ABAP Memory is a memory area to which all sessions within a SAPgui have access. You can use SAP memory either to pass data from one program to another within a session (as with ABAP memory) or to pass data from one session to another. 
C.ABAP Memory is a memory area in the internal session (roll area) of an ABAP program. Data within this area is retained within a sequence of program calls, allowing you to pass data between programs that call one another. It is also possible to pass data between sessions using SAP Memory. 
D.SAP Memory is a memory area to which all sessions within a SAPgui have access. You can use SAP memory either to pass data from one program to another within a session (as with ABAP memory) or to pass data from one session to another.
20. Which data type cannot be used to define parameters.
A. Type N
B. Type C
C. Type F
D. Type P
                                                             
ANSWERS:-
1.   B
2.   A
3.   D
4.   A
5.   C
6.   C
7.   D
8.   C
9.   B
10. A
11. A
12. A,B
13. C,B
14. A,B
15. A,B,C
16. A,C,E
17. C,D
18. B
19. C,D
20. C

ABAP Programming Test Questions FAQ'S or Interview Questions

ABAP Programming Test Questions FAQ'S or Interview Questions

# 1 . What are the 2 boxes in your system for coding for Abap and their logins?
Development System  &  IDES/Sandbox
# 2.  If I get a problem on a report in Production server how can I modify the report.
If the problem in production server we have to alter the program in Developemnt Client and transport it to QA client  Test it throughly and then Transport it to Production.
# 3. Tell me about Tokens.
Tokens are Issues sent by the Client to us.
#4 .How to Fix the bugs and where you will do those things.
It Actuall Depends what kind of bugs they asked about:
If it is a problem in Program, then we alter them in the SE38 (Develpment) and transport it after testing to Prd Server.
#5. What is a sandboxes.
SAND BOX is nothing but a test client other than Develpment Client or QA.
#6.How to conncet the from ur office to  clinet in US.
It will be configured by the BASIS guys..
In the sap logon pad they will enter the application server id and Routing String and the SERver type in  the Sytem Number....
with that we will connect
#7.Tell me about VPN and the connections.
Its a another way to connect to other PC. its a 3rd  party utility....
#8. How to login ur system.
Thru SAP Logon enter the client number ,user id & password.
#9 .What is the purpose of SE14.
Database Utility to perform table maintenance such as deleting the table or adjusting the table when there is a structure change.
#10 .What is the purpose of SM30.
SM30 is a table Maintanance for the Ztable Created by us.
#11.In Data dictionary in the table creation,What is the purpose of Technical settings.
To identify the Size of the Table Created and to Set whether buffering needs to be done for the table or not.
#12. What is the purpose of buffering in technical settings and for what type of tables are using buffering.
It will reduce the Network tarffic but disadvantage is it will not update the Server back immediately.
#13. In  reporting tell me all the events in a sequentail order.
- Initialization.
- At Selection-Screen 
- Start-of-Selection.
- Top-of-Page.
- At Pfn.
- End-of-Page.
- End-of-Selection.

ABAP Self Test Questions and Answers

ABAP Self Test Questions and Answers

1) Authorization Objects
( this question has more than 1 answer )
a) Stored in User Master
b) Defines fields for a complex authority check
c) Grouped together in profiles
d) Covers up to 10 fields
e) Consists of up to 10 authorization objects
2) Authorization Checking
( this question has more than 1 answer )
a) performed with SELECT statement 
b) performed with AUTHORITY-CHECK
c) determines if user has authority in master record
d) always refers to authorization profile
e) system admin defines which authorization checks are executed
3) Authorization
( this question has more than 1 answer )
a) contains value for field of an authorization object
b) defines fields for a complex authorization object
c) can be grouped together in profiles
d) always refer to a particular authorization
e) authorizations and profiles are stored in user master record
4) Using SM35 – in which case does the system check authorization:
( this question has more than 1 answer )
a) always
b) process / foreground 
c) display errors only
d) process / background
e) system decides based on profile
5) Search Helps:
( this question has more than 1 answer )
a) called at POV
b) controls how fixed values are displayed when F4 is pressed
c) allow different views of info when help is required
d) object stored in data dictionary
e) field names starting with H_
6) Append Structures
( this question has more than 1 answer )
a) append to table without modifying table itself
b) can be assigned to several tables
c) same as substructure
d) use like any other structure
e) you must convert table once append is added
7) Check table
( this question has more than 1 answer )
a) value table assigned to a domain
b) internal table whose contents are used to check input values
c) table assigned to 1 or more fields if a FK (foreign key) table for checking input values
d) table for which a FK is defined
e) table to which a FK refers 
 
8) Modify SAP objects:
( this question has more than 1 answer )
a) R/3 prevents modifications be user id DDIC and SAP*
b) Objects can be changed with registration
c) Register objects in OSS
d) Carry out modification without registration
e) Adjust modified object in upgrade
9) Activities required at upgrade when applying hot pack:
( this question has more than 1 answer )
a) adjust modified object
b) everything is automatic
c) release correction before update
d) abap dictionary tables, data elements and domains are adjusted during upgrade
e) abap dictionary objects not handled seperately
10) SELECT-OPTIONS COUNTRY FOR LFA1-LAND1:
What will internal table be? 
a) LAND1
b) LFA1
c) COUNTRY
d) LFA1-LAND1
11) In program A function module F is called from function group G for the first time. Which one is correct:
a) coding of entire function group G is loaded in the roll area
b) global data from A can be accessed in F
c) A and F have common work areas for dictionary table
d) Function module F is called in a separate internal session
e) Function module F can not call any sessions
12) from transaction A you call transaction B with LEAVE TO TRANSACTION B:
a) internal system session opened for B
b) LEAVE can be used to return from B to A
c) Data from A can be accessed in B
d) A can pass data to B with export
e) A can pass data using SET
13) What is a SAP LUW: 
a) a modularised unit in ABAP programs
b) all the updates for 1 SAP transaction
c) a logical grouping of database updates that should all be performed at the same time
d) the section of program code from setting a lock until it is released
e) all actions between first and last database update in transaction
14) Why do update functions have attributes of  either START NOW (v1) or START DELAYED(V2):
a) define whether update task triggered immediately
b) combine synchronous and asynchronous updates
c) assign different priorities
d) take different speed of servers into account
e) enable reaction to termination n V1
15) Relationship between SAP transactions and database transactions:
a) each SAP corresponds to one database
b) update requests of one SAP transaction are distributed amongst several database transactions
c) one database group change request of several SAP
d) database transaction is an internal system representation of SAP transactions   
Answers:
  1) b, c, d
  2) b, d
  3) a, c
  4) b, c, d
  5) a, c, d
  6) a, d
  7) a, c, e
  8) b, c, e
  9) a, c, d
10) c
11) a
12) a, d, e
13) c
14) c
15) b            

ABAP Certification Sample Questions and Answers

ABAP Certification Sample Questions and Answers 

To take the ABAP certification, contact your local or regional SAP Education training center at this url :
http://www.sap.com/services/education/index.epx
Caution: more than one answer may be correct. 
Please mark ALL correct answers. 
Question:
Within the TOP-OF-PAGE event the following code represents:
  write: /1 text-001. 
  A:  A selection text. 
  B:  A basic list row. 
  C:  A page footer 
  D:  A page header
Question:
Given the two ABAP Dictioary tables below, the Customer number field in table one must contain
a value from table two. The Customer number field is known as a ____. 
  Table one: 
   Customer number (Primary key) 
   Company code (Primary key) 
   Other data 
   Table two: 
   Customer number (Primary key) 
   Customer name 
   Other data 
   A:  Secondary index 
   B:  Matchcode object 
   C:  Validation field 
   D:  Foreign key
Question:
A batch input job with two steps is processed.  IMPORT/EXPORT statements are used to pass values between the steps.
Step 1 contains the statements
  STATUS='S'. CONT = 'C'.
  EXPORT STATUS CONT TO MEMORY ID 'XXXX'.
Step 2 contains the statements
  CLEAR:CONT, STATUS, FLAG.
  IMPORT CONT FLAG FROM MEMORY ID 'XXXX'.
What do the fields SY-SUBRC, CONT and FLAG contain after the IMPORT statement have been executed?
A.  SY-SUBRC=4. CONT='C'. FLAG=''.
B.  SY-SUBRC=0. CONT='C'. FLAG=''.
C.  SY-SUBRC=0. CONT=''.   FLAG=''.
Question:
The structure of a table has been changed in the ABAP/4 Dictionary.
Which of the following adjustments in the relevant database table is correct, if you want to retain the previous data?
A.  Delete and recreate the database table.
B.  Change the database directory (ALTER TABLE) where the structure change with ALTER TABLE is supported by the database.
C.  Convert the table.
Question:
Must Exits be predefined by SAP programmers?
A.  No
B.  Yes
C.  Customers can determine for themselves where they want to use exits

How do you configure FI-SD account determination?

How do you configure FI-SD account determination?
The FI-SD account determination happens through an access sequence.
The system goes about finding accounts from more specific criteria to less specific criteria.
This is the sequence it would follow:
1) It will first access and look for the combination of Customer accounts assignment grp/ Material account assignment grp/ Account key.
2) If it does not find the accounts for the first combination it will look for Customer account assignment grp and account key combination.
3) Furthermore, if it does not find accounts for the first 2 criteria’s then it will look for Material account  assignment grp/Account key


4) If it does not find accounts for the all earlier criteria’s then finally it will look for Account key and assign the GL code. Thus posting of Sales Invoices into FI are effected on the basis of a combination of Sales organization, Account type, or Customer and Material Account assignment groups and following are the options available.
a. Customer AAG/Material AAG/Account type
b. Material AAG/Account type
c. Customer AAG/Account type
For each of this option you can define a Gl account. Thus the system uses this gl account to automatically pass the entries.

procedure in SAP for Initial stock uploading

What is the procedure in SAP for Initial stock uploading? Mention the accounting entries also.
Initial stock uploading in SAP from the legacy system is done with inventory movement type 561( a MM transaction which is performed).

Material valuated at standard price: For a material valuated at standard price, the initial entry of inventory data is valuated on the basis of standard price in the material master. If you enter an alternative value at the time of the movement type 561, then the system posts the difference to the price difference account.

Material valuated at moving average price: The initial entry of inventory data is valuated as follows : If you enter a value when uploading the initial data, the quantity entered is valuated at this price. If you do not enter a value when entering initial data, then the quantity entered is valuated at the MAP present in the material master.
The accounting entries are: Inventory account is debited and Inventory Historical upload account is credited.

can you default the G/L account in Purchase order?

If a material has no material code in SAP, can you default the G/L account in Purchase order or it has to be manually entered?.
If a material has no material code in SAP, we can still, default the G/L account with the help of material groups. We can assign the valuation class to a material group and then in FI-automatic posting, we can assign the relevant G/L account in the Transaction event key. The assignment of a valuation class to a material group enables the system to determine different G/L accounts for the individual material groups.

Is it possible to default certain values for particular fields?

Yes it is possible to default values for certain fields where a parameter id is present.
Step 1 Go to the input field to which you want to make defaults.

Step 2 Press F1, then click technical info push button. This would open a window that displays the  corresponding parameter id (if one has been allocated to the field) in the field data section.

Step 3 Enter this parameter id using the following path on SAP Easy access screen System à User profile à Own data.

Step 4 Click on parameter tab. Enter the parameter id code and enter the value you want as default. Save the usersettings.

Which is the default exchange rate type which is picked up for all SAP transactions?

The default exchange rate type picked up for all SAP transactions is M (average rate)

What are the problems faced when a Business area is configured?

The problem of splitting of account balance is more pertinent in case of tax accounts.

What are the different scenarios under which a Business Area or a Profit Center may be defined?

This question is usually very disputable. But both Business Areas and Profit centers are created for internal reporting. Each has its own pros and cons but many companies nowadays go for Profit center as there is a feeling that business area enhancements would not be supported by SAP in future versions.

There are typical month end procedures which need to be executed for both of them and many times reconciliation might become a big issue. A typical challenge in both of them is in cases where you do not know the Business Area or Profit Center of the transaction at the time of posting.

Is Business area at company code Level?

No. Business area is at client level. What this means is that other company codes can also post to the same business area.

Is it possible to maintain plant wise different GL codes?

Yes. To be able to do so the valuation group code should be activated. The valuation grouping code is  maintained per plant and is configured in  the MM module. Account codes should be maintained per valuation grouping code after doing this configuration.

How do you configure a special GL indicator for Customer?

You can use an existing special GL indicator ID or create a new one. After creating a special GL indicator id, update the chart of accounts and the Reconciliation account. Also as a last step you need to update the
special GL code.

The special GL code should also be marked as a Reconciliation account. Switch on the relevant for credit limit and commitment warning indicators in the master record.

What are Validations and Substitutions?

Validations/Substitutions in SAP are defined for each functional area e.g. FI-GL, Assets, Controlling etc at the following levels
1. Document level
2. Line item level
These need to be specifically activated and setting them up are complex and done only when it is really needed. Often help of the technical team is taken to do that.

What is generally configured in the payment term as a default for baseline date?

Generally document date is configured in the payment term as a default for base line date.

In payment term configuration what are the options available for setting a default baseline date?

There are 4 options available:-
1) No default
2) Posting date
3) Document date
4) Entry date

How are input and output taxes taken care of in SAP?

A tax procedure is defined for each country and tax codes are defined within this. There is flexibility to either expense out the Tax amounts or Capitalize the same to Stocks.

Will this advance amount be considered for credit check?

There is an advance given by the customer which lies in a special GL account indicator A. Will this advance amount be considered for credit check?
It depends on the configuration setting in the special GL indicator A. If the “Relevant to credit limit” indicator is switched on in the Special GL indicator A the advances will be relevant for credit check, otherwise it will not be relevant.

What is the impact on the old balance when the reconciliation account in the vendor master is changed?

What is the impact on the old balance when the reconciliation account in the vendor master is changed?
Any change you make to the reconciliation account is prospective and not retrospective. The old items and balances do not reflect the new account only the new transactions reflect the account.

‘Automatic postings’ in SAP for the specific G/L accounts in SAP FICO

What is the accounting entry in the Financial books of accounts when the goods are received in unrestricted use stock?
Also mention the settings to be done in the ‘Automatic postings’ in SAP for the specific G/L accounts.
On receipt of the goods in unrestricted-use stock, the Inventory account  is debited and the GR/IR account gets credited. In customization, in the automatic postings, the Inventory G/L account is assigned to the
Transaction event key BSX and the GR/IR account is assigned to the Transaction event key WRX.

What is a Financial Statement Version?

A FSV (Financial Statement Version) is a reporting tool and can be used to depict the manner in which the financial accounts like Profit and Loss Account and Balance Sheet needs to be extracted from SAP. It is freely definable and multiple FSV's can be defined for generating the output for various external agencies like Banks and other Statutory authorities.

Can we change the reconciliation account in the vendor master?

Yes. Reconciliation account can be changed in the vendor master provided that the authority to change has been configured. Normally we should not change the reconciliation account.

How are Tolerances for Invoice verification defined?

The following are instances of tolerances that can be defined for Logistic
Invoice Verification.
c. Small Differences
d. Moving Average Price variances
e. Quantity variances
f. Price variances
Based on the client requirement, the transaction can be “Blocked” or
Posted with a “Warning” in the event of the Tolerances being exceeded.
Tolerances are nothing but the differences between invoice amount and
payment amount or differences between goods receipt amount and
invoice amount which is acceptable to the client.

What is the purpose of a “Document type” in SAP?

A Document type is specified at the Header level during transaction entry and serves the following purposes:

· It defines the Number range for documents
· It controls the type of accounts that can be posted to eg Assets, Vendor, Customer, Normal GL account
· Document type to be used for reversal of entries
· Whether it can be used only for Batch input sessions Document Type is created for differentiating business transactions. Eg Vendor Invoice, Credit Memo, Accrual Entries,Customer Invoice. It is a two digit character.

Explain the entire process of Invoice verification from GR to Invoice verification in SAP with accounting entries?

These are the following steps:
A goods receipt in SAP for a purchased material is prepared referring a purchase order.
When the goods receipt is posted in SAP the accounting entry passed is:- Inventory account Debit

GR/IR account credit
A GR/IR (which is Goods receipt/Invoice receipt) is a provision account which provides for the liability for the purchase. The rates for the valuation of the material are picked up from the purchase order.

When the invoice is booked in the system through Logistics invoice
verification the entry passed is as follows:-
GR/IR account debit
Vendor credit

What is a field status group?

Field status groups control the fields which come up when the user does the transactions. There are three options for field selection. They are:

Display only
Suppressed
Mandatory

So basically you can have any field either for display only or you can totally suppress it or make it mandatory.
The field status group is stored in the FI GL Master Record.

Which is the payment term which actually gets defaulted in transaction

Which is the payment term which actually gets defaulted in transaction (accounting view or purchasing view)?

The payment term in the accounting view of the vendor master comes into picture if the transaction originates from the FI module. If an FI invoice is posted (FB60) to the Vendor, then the payment terms is defaulted from the accounting view of the vendor master. The payment term in the purchasing view of the vendor master comes into picture if the transaction originates from the MM module. A purchase order is created in the MM module. The payment terms are defaulted in the purchase order from the purchasing view of the vendor master.

moving average price of the material in the material master in SAP FICO

If the answer to the above question is ‘Yes’, then list the scenario in which the moving average price of the material in the material master changes when the goods are issued.
The moving average price in the material master changes in the scenario of Split Valuation which is sometimes used by many organizations. If the material is subject to split valuation, the material is managed as Several
partial stocks and each partial stock is valuated separately. In split valuation, the material with valuation header record will have ‘v’ moving average price. This is where the individual stocks of a material are managed cumulatively. Here two valuation types are created, one valuation type can have ‘v’ (MAP) and the other valuation type can have ‘s’(standard price).
In this case, whenever the goods are issued from the respective valuation types, always the MAP for the valuation header changes.

Where are Payment terms for vendor master maintained?

Where are Payment terms for vendor master maintained?
Payment terms for Vendor master can be maintained at two places i.e. in the accounting view and the purchasing view.

Which is the payment term which actually gets defaulted when the transaction is posted for the customer

Which is the payment term which actually gets defaulted when the transaction is posted for the customer (accounting view or the sales view)?
The payment term in the accounting view of the customer master comes into picture if the transaction originates from the FI module. If an FI invoice is posted (FB70) to the customer, then the payment terms is defaulted from the accounting view of the customer master.
The payment term in the sales view of the customer master comes into picture if the transaction originates from the SD module. A sales order is created in the SD module. The payment terms are defaulted in the sales order from the sales view of the customer master.

material master during issue of the stock assuming in SAP FICO?

Does the moving average price change in the material master during issue of the stock assuming that the price control for the material is Moving Average?
The moving average price in the case of goods issue remains unchanged. Goods issue are always valuated at the current moving average price. It is only in goods receipt that the moving average price might change. A
goods issue only reduces the total quantity and the total value in relation to the price and the moving price remains unchanged. Also read the next question to learn more about this topic.

Where are Payment terms for customer master maintained?

Payment terms for customer master can be maintained at two places i.e. in the accounting view and the sales view of the vendor master record.

What is a Account group and where is it used?

An Account group controls the data that needs to be entered at the time of creation of a master record. Account groups exist for the definition of a GL account, Vendor and Customer master. It basically controls the fields which pop up during master data creation in SAP.

Valuation class in the material master in SAP

Can we change the valuation class in the material master once it is assigned?
Once a material is assigned to a valuation class in the material master record, we can change it only if the stocks for that material are nil. If the stock exists for that material, then we cannot change the valuation class. In such a case, if the stock exists, we have to transfer the stocks or issue the stocks and make the stock nil for the  specific valuation class. Then only we will be able to change the valuation class.

Where do you attach the check payment form?

Where do you attach the check payment form?
It is attached to the payment method per company code.

How do you configure the automatic payment program?

The following are the steps for configuring the automatic payment program:-
Step 1 Set up the following:
Co. code for Payment transaction
Define sending and paying company code.
Tolerance days for payable
Minimum % for cash discount
Maximum cash discount
Special GL transactions to be paid

Step 2 Set up the following:
Paying company code for payment transaction
Minimum amount for outgoing payment
No exchange rate diff
Separate payment for each ref
Bill/exch payment
Form for payment advice


Step 3 Set up the following:
Payment method per country
Whether Outgoing payment
Check or bank transfer or B/E
Whether allowed for personnel payment
Required master data
Doc types
Payment medium programs
Currencies allowed


Step 4 Set up the following:
Payment method per company code for payment transactions
Set up per payment method and co. code
The minimum and maximum amount.
Whether payment per due day
Bank optimization by bank group or by postal code or no
optimization
Whether Foreign currency allowed
Customer/Vendor bank abroad allowed
Attach the payment form check
Whether payment advice required



Step 5 Set up the following:
Bank Determination for Payment Transactions
Rank the house banks as per the following
Payment method, currency and give them ranking nos
Set up house bank sub account (GL code)
Available amounts for each bank
House bank, account id, currency, available amount
Value date specification

examples of GL accounts that should be posted automatically through the system and how is this defined in the system.

Stock and Consumption accounts are instances of GL accounts that should be automatically posted . In the GL account master record, a check box exists wherein the automatic posting option is selected called “ Post Automatically Only”

How are Vendor Invoice payments made?

Vendor payments can be made in the following manner:
Manual payments without the use of any output medium like cheques etc.
Automatic Payment program through cheques, Wire transfers, DME etc.

What is Valuation Class in SAP?

The Valuation Class in the Accounting 1 View in Material Master is the main link between Material Master and Finance. This Valuation Class along with the combination of the transaction keys (BSX,WRX,GBB,PRD ) defined above determine the GL account during posting. We can group together different materials with similar properties by valuation class. Eg Raw material,Finsihed Goods, Semi Finished
We can define the following assignments in customizing :
All materials with same material type are assigned to just one valuation class.
Different materials with the same material type can be assigned to different valuation classes.
Materials with different material types are assigned to a single valuation class.

what level are the customer and vendor codes stored in SAP?

At what level are the customer and vendor codes stored in SAP?
The customer and vendor code are at the client level. That means any company code can use the customer and vendor code by extending the company code view.

What is Valuation and Account assignment in SAP?

What is Valuation and Account assignment in SAP?
This is actually the link between Materials Management and Finance. The valuation in SAP can be at the plant level or the company code level. If you define valuation at the plant level then you can have different prices for the same material in the various plants. If you keep it at the company code level you can have only price across all plants. Valuation also involves the Price Control .Each material is assigned to a material type in Materials Management and every material is valuated either in Moving Average Price or Standard Price in SAP. These are the two types of price control available.

If there are two company codes with different chart of accounts how can you consolidate their activities?

In this case you either need to write an ABAP program or you need to implement the Special Consolidation Module of SAP. If both the company codes use the same chart of accounts then standard SAP reports give you the consolidated figure.

Can posting period variant be assigned to more than 1 company code?

Can posting period variant be assigned to more than 1 company code?
Yes. Posting period variant can be assigned to more than one company code.

How do you keep the FI posting period open only for certain GL codes?

In transaction code OB52 click on new entries and maintain an interval or a single GL code for the account type S with the posting period variant. If the GL codes are not in sequence then you need to maintain further entries for the posting period variant and account type S.

Is it possible to keep the FI posting period open only for certain GL codes?

Is it possible to keep the FI posting period open only for certain GL codes?
Yes. It is possible to keep open the FI posting period only for certain GL codes.

Do you require to configure additional ledger for parallel currencies?

Where only 2 currencies are configured (Company code currency and a parallel currency) there is no need for an additional ledger. In case the third parallel currency is also configured and if it is different than the second currency type, you would then need to configure additional ledger.

How many currencies can be configured for a company code?

A company code can have 3 currencies in total. They are local currency ie company code currency) and 2 parallel currencies. This gives the company the flexibility to report in the different currencies.

Is it possible to generate a financial statement form automatically?

Is it possible to generate a financial statement form automatically?
Yes. It is possible to generate a form automatically.

What is a year dependent fiscal year variant ?

In a year dependent fiscal year variant the number of days in a month are not as per the calendar month. Let us take an example:- For the year 2005 the period January ends on 29th, Feb ends on 27th, March ends on
29. For the year 2006 January ends on 30th, Feb ends on 26th, March ends on 30th. This is applicable to many countries especially USA. Ever year this fiscal year variant needs to be configured in such a case

How do you configure the SAPscript form financial statement version?

It is possible to generate a form from the financial statement version and print the financial statements on a SAPscript form. In the customizing for financial statement version select the FSV you created and choose Goto
à Generate form à One column or Two column form. You can also copy form from the standard system.

Is it possible to print the financial statement version on a SAPscript form?

Is it possible to print the financial statement version on a SAPscript form?
Yes. It is possible to print the financial statement version on a SAPscript form.

What are the options in SAP when it comes to Fiscal years?

Fiscal year is nothing but the way financial data is stored in the system.SAP provides you with the combination of 12 normal periods and also four special periods. These periods are stored in what is called the fiscal year variant.
There are two types of Fiscal Year Variant
· Calendar Year – e.g. Jan-Dec
· Year Dependent Fiscal Year .

What are the functionalities available in the financial statement version?

In the financial statement version the most important functionality available is the debit credit shift. This is more important in case of  Bank overdraft accounts which can have a debit balance or a credit balance. Thus in case of a debit balance you would require the overdraft account to be shown on the Asset side. In case of credit balance you would require the account to be shown on the Liability side.

In customizing “company code productive “means what? What does it denote?

In customizing “company code productive “means what? What does it denote?

Once the company code is live(real time transactions have started) this check box helps prevents deletion of many programs accidentally. This check box is activated just before go live.

How do you maintain the number range in Production environment?

How do you maintain the number range in Production environment? Do you directly create it in the Production box or do you do it by means of transport?
Number range is to be created in the production client. You can transport it also by way of request but creating in the production client is more advisable.

Controlling Area and Company Code relationship in SAP?

A Controlling area can have the following 2 type of relationship with a
Company code
a. Single Company code relation
b. Cross Company code relation
This means that one single controlling area can be assigned to several
different company codes. Controlling can have a one is to one
relationship or a one is to many relationship with different company
codes.
Controlling Area is the umbrella under which all controlling activities of
Cost Center Accounting, Product Costing, Profit Center and Profitability
Analysis are stored.
In a similar way Company Codes is the umbrella for Finance activities.

How many numbers of line items in one single entry you can have?

The number of line items in one document you can accommodate is 999 lines.

How many Chart of Accounts can a Company code have?

A single Company code can have only one Chart of Account assigned to it. The Chart of Accounts is nothing but the list of General Ledger Accounts.

Explain the importance of the GR/IR clearing account.

GR/IR is an interim account. In the legacy system of a client if the goods are received and the invoice is not received the provision is made for the same.

In SAP at the Goods receipt stage the system passes an accounting entry debiting the Inventory and crediting the GR/IR Account .Subsequently when an invoice is recd this GR/IR account is debited and the Vendor account is credited. That way till the time that the invoice is not received  the GR/IR is shown as uncleared items.

What are the master data pre-requisites for document clearing?

The Gl Account must be managed as an ‘open item management’ . This checkbox is there in the General Ledger Master Record called Open Item Management. It helps you to manage your accounts in terms of cleared and uncleared items. A typical example would be GR/IR Account in SAP (Goods Received/Invoice Received Account)

Basic organizational assignments to a company code in SAP?

Plants, purchasing organization, sales organization are assigned to the company code.

Is it possible to configure the system to pick up a different exchange rate type for a particular transaction?

Yes it is possible. In the document type definition of GL, you need to attach a different exchange rate type.

What is done by GR/IR regrouping program?

What is done by GR/IR regrouping program?
The balance in a GR/IR account is basically because of 2 main types of transactions:-
Goods delivered but invoice not received – Here the Goods receipt is made but no invoice has yet been received from the vendor. In such a scenario GR/IR account will have a credit balance.

Invoiced received but goods not delivered – Here the Invoice is received from the vendor and accounted for, but goods have not been received. In such a scenario GR/IR account will have a debit balance. The GR/IR account would contain the net value of the above two types of transactions. The GR/IR regrouping program analyses the above transactions and regroups them to the correct adjustment account. The balance on account of first transactions will be regrouped to another liability account and the balance on account of second  transactions will be regrouped to an asset account.

How does posting happen in MM (Materials Management) during special periods?

There is no posting which happens from MM in special periods. Special periods are only applicable for the FI module. They are required for making any additional posting such as closing entries, provisions. which happen during quarter end or year end.

What is company code in SAP

Company code is nothing legal entity, where we do perform all the operations like financial statements(ex: profit and loss statements and balance sheets.