BCSE ERP Financial Accounting (FI)

Question 1

What is a 'chart of accounts' in SAP FI?

Accepted Answer

A structured list of G/L accounts used by a company code

Answer

A list of all bank accounts

Answer

A report of annual revenues

Answer

A customer payment schedule

Question 2

Which document type in SAP FI is typically used for vendor invoice postings?

Accepted Answer

KR

Answer

SA

Answer

DR

Answer

AB

Question 3

In SAP FI, what is the purpose of the 'reconciliation account'?

Accepted Answer

To automatically update the G/L when postings are made to sub-ledger accounts

Answer

To reconcile bank statements

Answer

To match purchase orders with invoices

Answer

To balance intercompany transactions

Question 4

What transaction code is used to post a General Ledger document in SAP FI?

Accepted Answer

FB01

Answer

ME21N

Answer

VA01

Answer

MM60

Question 5

What is 'dunning' in SAP Accounts Receivable?

Accepted Answer

The process of sending payment reminders to customers with overdue invoices

Answer

Approving vendor payments

Answer

Reversing incorrect postings

Answer

Running depreciation calculations

Question 6

Which SAP FI sub-module handles the management of company-owned assets?

Accepted Answer

FI-AA

Answer

FI-AP

Answer

FI-AR

Answer

FI-GL