Top 54 SAP FICO Interview Questions 2025

SAP FICO Interview Questions 2025 are crucial for your preparation. Here’s a complete guide with the top 54 questions covering GL, AP, AR, P2P, O2C, Dunning, and T-Codes.
Here’s a list of the most commonly asked questions to help you prepare confidently for your next interview. These questions cover General Ledger, P2P, O2C, Dunning, T-Codes, and Accounting Entries — all crucial topics for SAP FICO consultants.

🎥 Watch the Full Explanation on YouTube

👉 Learn with real-time examples and easy explanations.
📺 Watch on YouTube

📘 General Ledger & Basic Concepts

1. What is Retained Earnings Account?
2. What is Field Status Variant?
3. What is Chart of Accounts?
4. What is the use of Fiscal Year Variant?
5. Transaction codes for GL creation, posting, and reports (FS00, F-02, F.01).
6. What is Open Item Management?
7. What is the use of Post Automatically Checkbox?
8. What is Line Item Display?
9. What is Sort Key?
10. Types of GL Accounts.

🧾 Vendor & Accounts Payable

11. What is Vendor Reconciliation Account?
12. What is Accounts Payable?
13. Accounting entry at the time of Vendor Advance.
14. Where do you configure Vendor Advance?
15. What is Payment Terms?
16. T-Code for Payment Terms.
17. Accounting entry for Cash Discount received from Vendor.
18. Purpose of House Bank.
19. What is Account ID in House Bank?
20. What is Automatic Payment Program?
21. Configuration steps in APP.
22. How to Run APP?
23. How to block a particular invoice during APP?
24. How to resolve errors in APP?

🧾 GST & P2P Process

25. GST configurations.
26. Accounting entry with GST and TDS.
27. P2P Process including BRS with Accounting Entries and T-Codes.
28. Where do you configure Inventory & GR/IR Account?
29. What is Valuation Class?
30. Movement Type at the time of Goods Receipt.
31. Accounting entry for Goods issued to Cost Center.
32. T-Codes for Material Display & Stock Display.
33. T-Codes for List of Materials & Purchase Orders.
34. T-Code for GR/IR Balances.

💰 Accounts Receivable & Customer Master

35. What is Accounts Receivable?
36. What is Customer Reconciliation Account?
37. Account types for Customer.
38. T-Codes to create Customer and Vendor Master Data.
39. T-Codes to post Vendor and Customer Documents.
40. T-Codes for Vendor and Customer Line Item Reports.
41. T-Codes for Vendor and Customer Advances.
42. Accounting entry at the time of Customer Advance.
43. Configuration for Customer Advance.
44. Accounting entry for Cash Discount provided to Customer.

📩 Dunning Process

45. What is Dunning?
46. What is Dunning Area?
47. Dunning Levels and how many levels can be maintained.
48. How to run 2nd level Dunning after the 1st.

📦 O2C Process

49. Order to Cash (O2C) process with Accounting Entries.
50. Where do you configure COGS and Inventory Accounts at Delivery & Billing?
51. Where do you configure Revenue Account?
52. Movement Type at the time of Delivery.
53. T-Code to cancel a Billing Document.

🏁 Conclusion

These Top 54 SAP FICO Interview Questions 2025 will help you revise all essential topics quickly and confidently.
Whether you’re a fresher or experienced consultant, make sure to practice T-Codes, Accounting Entries, and real-time business scenarios.