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SAP FICO Scenarios – Real-time Issues with Solutions
SAP aspirants commonly looked for SAP FICO scenarios. Some may require them for solving their on-job issues while some people will require to prepare for the interview. In this article, we are providing some case studies that help you in SAP FICO interview and real-time working.
Scenario 1: Add new column in open item
With T Code- F-03, how you can add a new column in an open item clear transaction? Presently, you have document number, document date, type and posting key, and amount. You require adding a posting key and amounting in the transaction field on the screen.
SAP FICO Scenario Solution:
Use T Code-F-03, from the menu bar, goes to G/L account process open item screen
- Choose setting and change line layout
- Then choose line layout a name and description and select enter
- After the button for viewing the available field, select insert.
- Choose the required field by double click on the field. This needed field is automatically listed under own layout
- Repeat the process for each field need to create the layout and save.
- Go back to clear G/L account process open item screen and choose editing option button underline layout variant for G/L A/C clearing transaction
- Give variant name and save
Scenario 2: SAP Purchase Order
The client raised a PO at USD 15 for 60 quantities. At that price, a goods receipt MIGO transaction is done. Now, the client wants to do MIRO transaction at USD 16 for 60 quantities.
2 Solutions to this SAP FICO issue:
Difference of Price: You have the choice to post a price difference, at the time of the MIRO transaction. Enter G/L account for price difference and amount in the MIRO transaction.
Reverse MIGO and repost MIGO with the right price: reverse the entry of MIGO, make changes in PO (Purchase order) then once again do transaction of MIGO and MIRO.
Under the FICO consultant role and responsibilities, many such types of Scenario in SAP FICO comes. All are expected for knowing solutions to these kinds of issues effectively and quickly as well. That’s the reason these types of problems become part of many FICO questions of the interview. To check candidate knowledge. To check the complete process to resolve such problems, I advise you to only learn but also practice these scenarios in the system. This is also needed to grow into the next phase of the SAP career i.e. SAP S/4HANA Finance. To upgrade to new technology you need to be an expert in your current position that requires knowledge of every part of financial accounting. Here, these type of scenarios helps you a lot.
Guys, if anyone of you wants to do SAP FICO training in Delhi NCR can prefer ShapeMySkills Pvt Ltd. This institute offer SAP FICO training in Noida and they also provide both offline and online training to their students. But now due to the spread of COVID-19, the institute gives SAP FICO online training. The trainers of the institute are very polite and cooperative with their students. So guys, just attend the free online demo sessions for the SAP FICO training course and then make your decision.