Infosys SAP FICO Consultant Interview Questions 2026 [with S/4HANA Focus]

Basic SAP FICO interview questions (Infosys style)

1. Q: What is SAP FICO?
A: SAP FICO stands for Financial Accounting (FI) and Controlling (CO). FI handles core financial processes such as general ledger, accounts payable, accounts receivable, and asset accounting. CO manages cost centers, profit centers, internal orders, and profitability analysis to support managerial decision‑making. At Infosys, FICO consultants use this to maintain accurate financial records and enable reporting for large enterprise clients.

2. Q: What are the main sub‑modules in SAP FI?
A: The main FI sub‑modules are:

• General Ledger (FI‑GL) – central ledger for all financial transactions.
• Accounts Payable (FI‑AP) – manages vendor invoices and payments.
• Accounts Receivable (FI‑AR) – manages customer invoices and receipts.
• Asset Accounting (FI‑AA) – tracks fixed asset lifecycle and depreciation.
• Bank Accounting (FI‑BK) – handles bank statements and reconciliations.
  Infosys often expects candidates to know how these modules integrate in end‑to‑end processes.

3. Q: What is a Company Code in SAP?
A: A Company Code is the smallest legal entity in SAP used for financial statements. It represents a separate balance sheet and profit & loss statement. Infosys clients typically configure multiple company codes for different countries or legal entities, all under one client.

4. Q: What is a Chart of Accounts (COA)?
A: A Chart of Accounts is a structured list of all General Ledger accounts used by one or more company codes. It defines account numbers, account types (PL, Balance Sheet, etc.), and other properties. In Infosys projects, consultants often map local GAAP charts to SAP COA during implementation.

5. Q: What is a Posting Key?
A: A Posting Key is a two‑digit control code that determines:

• Account type (G/L, customer, vendor),
• Debit/credit direction,
• Field status (mandatory/optional/hidden).

Infosys support consultants frequently use posting keys while troubleshooting incorrect postings.

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6. Q: What is G/L account Master Data?
A: G/L account master data contains all configuration details for a ledger account such as account number, account type, tax category, field status group, and reconciliation account flags. It ensures postings behave correctly in FI and link to CO objects when needed.

7. Q: What is the difference between a Company Code and a Client?
A: A Client is the highest level in SAP and represents the entire SAP system with its own set of users, configurations, and master data. A Company Code is a legal entity within a client that prepares its own financial statements. Infosys environments often host multiple clients for different customers.

8. Q: What is the purpose of a Fiscal Year Variant?
A: A Fiscal Year Variant defines the number of posting periods and special periods in a year (e.g., 12 normal months + 4 special periods). It controls posting periods and year‑end closing activities. Infosys consultants set this up during implementation to match the client’s financial calendar.

9. Q: What is the difference between Accounts Payable and Accounts Receivable?
A: Accounts Payable (AP) manages money a company owes to vendors (incoming invoices, payments). Accounts Receivable (AR) manages money customers owe to the company (outgoing invoices, customer payments). Infosys projects often emphasize integration with MM and SD modules.

10. Q: What is Automatic Payment Program (APP) used for?
A: The Automatic Payment Program (APP) in SAP FICO automates vendor and customer payments using payment runs. It selects open items, applies payment methods, and generates payment files. Infosys consultants configure APP for different countries and banks during implementations.

Intermediate SAP FICO interview questions

11. Q: How do you configure a new company code in SAP FICO?
A: To configure a new company code:

• Define the company code in FICO Global Settings (OBY6).
• Assign a Chart of Accounts (OB62).
• Set up Fiscal Year Variant (OB29).
• Define Ledger setup (OB13) and Tax settings (FTXP).
• Copy and customize standard account determinations (OBYA).

Infosys often uses this setup in green‑field or S/4HANA conversions.

12. Q: Explain the integration of FI with MM.
A: FI integrates with MM mainly through procurement and inventory valuation. When goods receipt is posted in MM using MIGO, a corresponding GL entry is created (GR/IR clearing account). At invoice receipt (MIRO), the GR/IR account is cleared and tax entries are posted. Infosys consultants must understand these entries to support month‑end closing.

13. Q: How do you post a vendor invoice in SAP FICO?
A: To post a vendor invoice:

• Use FB60 (Vendor Invoice Posting).
• Enter vendor code, amount, posting date, tax code, and GL account elements where required.
• Save the document.

The system creates open items in AP and updates the GL automatically. Infosys support teams often troubleshoot wrong account assignments or tax codes here.

14. Q: How do you post a customer invoice in SAP FICO?
A: To post a customer invoice:

• Use FB70 (Customer Invoice Posting).
• Enter customer code, amount, posting date, tax code, and revenue GL account.
• Save the document.

The system creates an open item in AR and updates the GL. Infosys consultants must ensure correct revenue and tax coding.

15. Q: What is GR/IR clearing?
A: GR/IR (Goods Receipt/Invoice Receipt) is a clearing account used when goods arrive before the vendor invoice. When MIGO is posted, the GR/IR account is debited; when MIRO is posted, the GR/IR account is credited and cleared. Infosys consultants often analyze GR/IR open items during month‑end closing.

16. Q: How do you handle partial payment of a vendor invoice?
A: In SAP FICO, partial payment is done using payment differences (residual items or payment differences as per configuration). When executing payment (F110/F‑53), the system creates a partial clearing and leaves a remaining open item. Infosys consultants must configure tolerant differences and reason codes for such cases.

17. Q: What is the difference between a Special Ledger and a normal ledger?
A: A Special Ledger is used for reporting additional financial information (e.g., special balances, tax‑oriented views) without affecting the main GL. Infosys often configures Special Ledgers for clients needing extra reporting dimensions.

18. Q: What are document types in SAP FICO?
A: Document types classify FI documents (e.g., SA for standard GL entries, KA for customer invoices, RE for vendor invoices). They control document numbering, text requirements, and posting behavior. Infosys consultants customize document types during implementation.

19. Q: How do you configure a new GL account?
A: To create a new GL account:

• Use FS00 (Central GL Account Maintenance).
• Provide account number, description, account type (PL or Balance Sheet), and relevant field status groups.
• Ensure proper assignment to the Chart of Accounts and company code.

Infosys consultants often add new accounts during year‑end or acquisition projects.

20. Q: What is House Bank and how is it used in Infosys projects?
A: A House Bank represents the company’s bank in SAP and stores bank details, account numbers, and payment methods. Infosys consultants configure house banks for multiple countries and map them to payment methods in the Automatic Payment Program (F110).

21. Q: How do you configure payment terms in SAP FICO?
A: Payment terms are configured in OBB9 (Define Payment Terms). Each term defines due dates, cash‑discount terms, and baseline date logic. Infosys consultants copy standard terms and customize them for client‑specific payment practices.

22. Q: What is a Payment Method?
A: A Payment Method (e.g., check, bank transfer, wire) defines how payments are executed in SAP. It links to house banks, payment programs, and output mediums. Infosys often configures 10+ payment methods for global clients.

23. Q: How do you handle currency differences in SAP FICO?
A: Currency differences arise when foreign‑currency transactions are revalued at different exchange rates. SAP posts gains or losses to designated currency difference accounts. Infosys consultants configure these accounts and run valuation programs (F.05) at month‑end.

24. Q: What is an open item in SAP FICO?
A: An open item is an un‑cleared accounting entry (e.g., an unpaid vendor invoice or an unpaid customer invoice). SAP keeps open items in separate line items until cleared. Infosys support teams often analyze open items during reconciliations.

25. Q: How do you clear open items in SAP FICO?
A: Open items are cleared using automatic (F‑44/F‑54) or manual clearing (F‑32/F‑44). The system searches for matching items and creates clearing entries. Infosys consultants also run clearing programs for bank statements and GR/IR.

26. Q: What questions about your past SAP FICO projects can Infosys ask?
A: Infosys may ask:

• “Describe your role in SAP FICO implementation or support.”
• “Which modules did you integrate with FI (MM, SD, CO)?”
• “How did you handle month‑end closing? What issues did you face?”
• “How did you use SAP tools like LSMW, IDoc, or BAPI?”

Always structure your answer with project → role → tools → key deliverables.

27. Q: How would you explain your experience with SAP FICO support to an Infosys interviewer?
A: A strong answer:
“I handled SAP FICO support for clients in [X] industry. I resolved end‑user issues such as wrong postings, incorrect tax codes, and payment failures. I used transaction codes like FBL1N, FBL3N, and FBL5N to analyze open items and reconciliations. I also coordinated with ABAP and basis teams for customizations and data loads.”

28. Q: What ticketing tools do Infosys projects use for SAP FICO support?
A: Infosys commonly uses tools like ServiceNow, JIRA, BMC Remedy, or SAP Solution Manager for incident and change management. The interviewer may check if you’ve used any of these to log tickets, track SLAs, and coordinate with L1/L2 teams.

29. Q: How do you handle a month‑end closing issue where vendor invoices are not clearing?
A: Step‑by‑step approach:

• Check FBL1N for open vendor items and identify uncleared invoices.
• Verify if payment was posted (FBL5N for bank) and why it did not clear.
• Correct posting errors (wrong vendor, amount, or GL) and reapply clearing.
• Run clearing programs (F‑13) and adjust clearing tolerances if needed.

Infosys values systematic troubleshooting and documentation.

30. Q: How do you perform Bank Reconciliation in SAP FICO?
A:

• Use FF67 to upload electronic bank statements.
• The system matches imported items with open items in G/L accounts.
• Clear matched items automatically or manually.
• Investigate and correct unmatched items.

Infosys often expects consultants to explain reconciliation for high‑volume bank statements.

31. Q: What is the difference between a standard and a special GL indicator?
A: Standard GL indicators (e.g., normal customer/vendor posting) use regular GL accounts. Special GL indicators (e.g., down payment, bills of exchange) use special GL accounts for reporting and clearing. Infosys clients may require special GL for complex payment structures.

32. Q: How do you configure Asset Accounting in SAP FICO?
A: Key steps:

• Define Asset Classes (OAOA).
• Assign account determinations (AO90) mapping asset principles to GL accounts.
• Define Depreciation Areas and Depreciation Keys.
• Assign assets to company codes and charts.

Infosys uses this for multi‑country asset structures.

33. Q: What is a Depreciation Area?
A: A Depreciation Area is a valuation perspective for fixed assets (e.g., book depreciation, tax depreciation, group depreciation). Each area can have different depreciation methods and useful lives. Infosys clients often have 3–5 depreciation areas for different reporting needs.

34. Q: How do you perform Asset Retirement in SAP?
A:

• Use AB08 to retire an asset.
• Choose partial or full retirement and enter the disposal value.
• The system posts the difference to a gain/loss account.

Infosys consultants must ensure correct tax and GL impact for retires.

35. Q: What is the difference between Investment Measure and Asset under Construction (AUC)?
A: Asset under Construction (AUC) accumulates all costs (material, services, etc.) for a capital project before capitalization. Investment Measure is a Controlling object used to track project costs. Infosys often uses both for large infrastructure projects

Advanced / S/4HANA‑oriented questions

36. Q: What is Universal Journal (ACDOCA) in S/4HANA FICO?
A: The Universal Journal (ACDOCA) is a single table in S/4HANA that stores both FI and CO postings in one line item. It eliminates the need for separate CO line items and reduces data redundancy. Infosys consultants use ACDOCA for reporting and analytics in SAP Analytics Cloud.

37. Q: How is New Asset Accounting in S/4HANA different from ECC?
A: In S/4HANA, New Asset Accounting uses the Universal Journal and integrates asset data directly into ACDOCA. Asset Accounting is simplified, with fewer tables and tighter integration between FI and CO. Infosys consultants must understand migration and reporting differences.

38. Q: What is the purpose of the Ledger Group in S/4HANA?
A: A Ledger Group in S/4HANA defines which ledgers (e.g., primary, tax, group) are updated for specific transactions. Infosys often configures multiple ledgers for multi‑country clients complying with local GAAP and IFRS.

39. Q: How do you handle parallel valuation in S/4HANA FICO?
A: Parallel valuation uses multiple ledgers (e.g., one for local GAAP, one for IFRS) within the same client. Each ledger can have different chart of accounts and valuation rules. Infosys consultants configure ledgers and posting logics to ensure correct parallel reporting.

40. Q: What is the difference between Classic GL and New GL in S/4HANA?
A: Classic GL in ECC uses separate line items for FI and CO. In New GL (Universal Journal), all FI and CO data is stored in ACDOCA with a single entry. Infosys projects often migrate from Classic to New GL during S/4HANA upgrades.

41. Q: How do you perform month‑end closing in SAP S/4HANA FICO?
A: Key steps:

• Ensure all transactions (AP, AR, MM, SD) are posted.
• Run valuation and revaluation programs for foreign currencies and GR/IR.
• Execute asset depreciation and intercompany settlement.
• Post accruals and provisions as needed.
• Run closing programs (FAGLGVTR) and lock closed periods.
  Infosys consultants document each step and validate with trial balance and reports.

42. Q: What is FS (Financial Statement) in the Infosys SAP FICO context?
A: In Infosys parlance, FS often refers to Financial Statements or Financial Statement Versions configured in SAP for P&L, balance sheet, and cash flow. Consultants map accounts to FS versions per client reporting needs.

43. Q: How do you handle data migration for SAP FICO in Infosys projects?
A:

• Use LSMW, BAPI, or Data Services to load master data (GL, vendors, customers, assets).
• Validate data in test systems and run reconciliation reports.
• Perform cutover activities (open‑item balances, asset balances) during the migration weekend.

Infosys emphasizes clean, validated data and minimal post‑go‑live issues.

44. Q: How do you integrate FI with CO in SAP?
A: FI integrates with CO mainly through cost elements, cost centers, and profit centers. Revenue and expense accounts are mapped to primary and secondary cost elements. Infosys consultants configure cost element master data and assignment to CO objects.

45. Q: What is a Cost Element and how is it used?
A: A Cost Element represents a cost type in CO (e.g., wage cost, utilities). Primary cost elements originate from GL accounts, while secondary cost elements arise within CO. Infosys uses cost elements for cost allocations and reporting.

46. Q: How do you handle a scenario where a customer payment is posted to the wrong customer account?
A:

• First, identify the incorrect posting using FBL5N and FB03.
• Use F‑02 or F‑04 to reverse the wrong posting (if within allowed period) or create a transfer posting.
• Post the correct payment to the right customer using F‑04 or a manual clearing.
• Finally, clear the open items for both customers and validate with FBL5N. Infosys interviewers like to see a structured troubleshooting approach and emphasis on reconciliation.

47. Q: How does Infosys typically use SAP FICO in a support vs implementation project?
A:

• In support projects, Infosys consultants focus on incident management, month‑end closing support, user queries, and smaller configuration changes (payment terms, tax codes, house banks).
• In implementation/upgrade projects, they participate in blueprinting, configuration (company codes, GL, AP/AR, AA, CO), testing, data migration, and cutover support.

Infosys values clear differentiation between support and implementation experience and how you handled tickets, SLAs, and client communication.

48. Q: How would you explain S/4HANA FICO to a non‑technical Infosys interviewer?
A:
“S/4HANA FICO is the modern version of SAP Finance that stores all financial and controlling data in a single table (Universal Journal), making reporting faster and more flexible. It supports real‑time analytics, multi‑currency/multi‑GAAP reporting, and integrates tightly with other S/4HANA modules like MM and SD. Infosys uses it to help clients migrate from older SAP systems and improve financial reporting.”

49. Q: How do you handle a situation where a client’s month‑end closing is delayed due to unposted purchase orders or invoices?
A:

• Communicate with the client and related teams (MM, SD, procurement) to understand the root cause.
• Prioritize posting critical open documents (GR/IR, invoices, accruals) and ensure they are correctly accounted.
• Run checks on GR/IR clearing, payment differences, and bank reconciliations.
• Document the delay reason and provide a timeline for completion.
  Infosys looks for problem‑solving, coordination skills, and clear communication under pressur

50. Q: What key skills should a SAP FICO consultant have for Infosys interviews?
A:

• Strong understanding of FI‑GL, AP/AR, AA, CO (cost centers, profit centers) and month‑end closing.
• Familiarity with S/4HANA FICO concepts (Universal Journal, ACDOCA, New Asset Accounting).
• Hands‑on experience with ticketing tools (ServiceNow/JIRA), Bank Reconciliation, GR/IR, and payment runs.
• Good communication skills to explain technical issues to both technical and business users.
  Infosys also values documentation, teamwork, and client‑handling skills.

• Revise core FI/CO concepts
  Fully understand Company Code, Chart of Accounts, Posting Keys, G/L Master, AP/AR, GR/IR, Asset Accounting, cost elements, and cost centers. Infosys often starts with basic conceptual questions.
• Practice hands‑on transaction codes
  Be comfortable with common transactions: FB03, FB05, FB60, FB70, FBL1N, FBL3N, FBL5N, FS00, OBYC, F‑13, F‑44, F‑53, F‑02, F‑04, AB08, AJAB, FAGLGVTR. Infosys may ask you to explain what you see on the screen or simulate a scenario.
• Prepare project‑specific stories
  For each SAP FICO project in your resume, structure your answer as:
  • Project name & industry
  • Your role (support / implementation / upgrade)
  • Tools used (LSMW, IDoc, BAPI, Data Services, etc.)
  • Key deliverables (month‑end closing, asset migration, payment setup, GR/IR cleanup).
    Infosys values structured, STAR‑style answers.
• Know Infosys‑style scenario questions
  Expect questions like:
  • “How would you handle a month‑end issue where GR/IR is not clearing?”
  • “A vendor claims they weren’t paid, but SAP shows payment—how do you check?”
  • “How do you reconcile a bank statement with thousands of lines?”
    Practice verbalising step‑by‑step procedures.
• Update yourself on S/4HANS FICO
  Learn basics of Universal Journal (ACDOCA), New Asset Accounting, parallel valuation, and ledger groups. Infosys increasingly hires S/4HANA‑ready candidates even for ECC support roles.
• Mock interview practice
  Conduct at least 2–3 mock interviews:
  • One focusing on technical depth (FI/CO, month‑end, GR/IR, asset accounting).
  • One focusing on soft skills (client communication, ticket management, teamwork).
    Record yourself and refine your clarity and confidence.