SAP FICO interview questions are most useful when you practise explaining a business event, its accounting impact and the evidence you would check. Use the revision topics below alongside the scenario answers to test understanding. Identify the SAP product and edition before discussing configuration or transaction-specific steps.

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📘 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 2026 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.

Scenario-based SAP FICO interview answers

1. Goods arrived, but the supplier invoice has not. What would you investigate?

Start with the purchase order, receipt and related accounting evidence. Explain the remaining GR/IR balance in the context of timing, quantities and values. Do not assume every balance is an error or propose an adjustment without understanding the business event.

2. A supplier invoice appears unpaid. How would you check it?

Identify the supplier, company context, invoice reference and relevant dates. Inspect the item and any related payment or clearing documents. Distinguish a posted payment from completed clearing and explain what additional evidence you need. Avoid changing payment details or configuration before confirming the facts.

3. A customer was billed but has not paid. What is the finance question?

Separate delivery and billing status from collection. Explain the receivable, relevant due date and evidence of incoming payment. For a simplified standard sale, billing and payment are separate events; actual accounting depends on the scenario.

4. How would you document a requirement for development?

State the business objective, scope, inputs, expected output, validation rules and acceptance tests. Include exceptions and open questions. A functional specification should help another person understand what must be built and how the result will be checked.

5. How do you discuss a training project honestly?

Identify it as a learning exercise, name the environment and explain your contribution. Describe a test, the expected result and how you verified it. Do not present a classroom assignment as client employment.

A practical interview rehearsal

1. Choose a topic from the revision list.
2. Explain its business purpose without screen names.
3. Describe one ordinary case and one exception.
4. State what evidence would confirm the result.
5. Identify any edition-specific assumption.

Record a short answer, then check for missing assumptions or unsupported claims. Ask a trainer for feedback on reasoning as well as terminology. If you do not know a configuration detail, explain how you would verify it rather than inventing an answer.

For further study, review SAP Finance learning, the functional specification guide and AP vs AR explanation. Explore MyERP Hub courses for current training scope.