SAP FI Interview Questions
& Answers
Comprehensive guide covering General Ledger, Accounts Payable, Accounts
Receivable, Asset Accounting, and Bank Accounting modules with real-world
scenarios and practical examples.
, 1. General Ledger (GL)
1 What is the difference between a leading ledger and a non-le
Answer:
Leading Ledger (0L) ³ Standard ledger for all postings (local GAAP).
Non-Leading Ledger ³ Parallel reporting (e.g., IFRS).
Scenario: Company uses 0L (Indian GAAP) and L1 (IFRS). A single posting updates bo
depreciation values.
2 Explain Document Splitting in GL.
Answer: Splits accounting entries into segments (Profit Center, Business Area).
Scenario: Vendor Invoice ¹1,00,000 shared across 2 profit centers ³ system splits a
Profit Center A: ¹60,000
Profit Center B: ¹40,000
3 Difference between Open Item Managed and Non-Open Item Manag
Answer:
Open Item Managed ³ Need clearing (Vendor Recon, GR/IR).
Non-Open Item ³ Balance only (Cash, Expense).
4 How do you handle Accruals in GL?
Answer: Use FBS1 (Accrual/Deferral) and F.81 (Reversal).
Scenario: Rent expense ¹50,000 accrued in March ³ reversed in April.
5 What are Substitution and Validation in GL?
Answer:
Validation ³ Checks conditions at posting.
Substitution ³ Replaces field values.
& Answers
Comprehensive guide covering General Ledger, Accounts Payable, Accounts
Receivable, Asset Accounting, and Bank Accounting modules with real-world
scenarios and practical examples.
, 1. General Ledger (GL)
1 What is the difference between a leading ledger and a non-le
Answer:
Leading Ledger (0L) ³ Standard ledger for all postings (local GAAP).
Non-Leading Ledger ³ Parallel reporting (e.g., IFRS).
Scenario: Company uses 0L (Indian GAAP) and L1 (IFRS). A single posting updates bo
depreciation values.
2 Explain Document Splitting in GL.
Answer: Splits accounting entries into segments (Profit Center, Business Area).
Scenario: Vendor Invoice ¹1,00,000 shared across 2 profit centers ³ system splits a
Profit Center A: ¹60,000
Profit Center B: ¹40,000
3 Difference between Open Item Managed and Non-Open Item Manag
Answer:
Open Item Managed ³ Need clearing (Vendor Recon, GR/IR).
Non-Open Item ³ Balance only (Cash, Expense).
4 How do you handle Accruals in GL?
Answer: Use FBS1 (Accrual/Deferral) and F.81 (Reversal).
Scenario: Rent expense ¹50,000 accrued in March ³ reversed in April.
5 What are Substitution and Validation in GL?
Answer:
Validation ³ Checks conditions at posting.
Substitution ³ Replaces field values.
