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SAP FICO Test (Financial Accounting & Controlling)

SAP FICO Test (Financial Accounting & Controlling)

Evaluate aptitude, technical and coding skills with Adaface skills assessment platform powered with an intelligent chatbot

Evaluate aptitude, technical and coding skills with Adaface skills assessment platform powered with an intelligent chatbot
amazon
PayPal
Morgan Stanley
Adidas
SG Government
Neilsen
UCLA
Ernst and Young
Microsoft
WeWork
Bosch
Optimum Solutions
SAP
Doubtnut
Deloitte
HCL
FusionCharts
United Nations
Love Bonito
ZiMetrics
MTM

"With Adaface, we were able to optimise our initial screening process by upwards of 75%, freeing up precious time for both hiring managers and our talent acquisition team alike!"


- Brandon Lee, Head of People, Love, Bonito

Start using conversational SAP FICO Test (Financial Accounting & Controlling) for the most accurate and candidate friendly screening today
Start using conversational SAP FICO Test (Financial Accounting & Controlling) for the most accurate and candidate friendly screening today
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Customized assessments for every experience level
Customized assessments for every experience level

Customized by subject matter experts to cater to job roles for all experience levels (fresh grads to 8-10 years) within your organization.

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Higher test taking rate compared to traditional tests
Higher test taking rate compared to traditional tests

Adaface assessments have an average test taking rate of 86% as compared to an industry standard of 50%.

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Accurate evaluation using on-the-job, non-tricky questions
Accurate evaluation using on-the-job, non-tricky questions

Adaface assessments have relevant questions that test for on-the-job skills. We do not expect candidates to solve puzzles/ trick questions.

Java JavaScript C++ C C# PHP Python React Angular Django Android iOS SQL MySQL HTML/CSS NodeJS Excel Data Interpretation Logical Reasoning Quantitative Aptitude Check out 700+ skills

Get a detailed scorecard with section wise breakdown and a pass/ fail recommendation

Get a detailed scorecard with section wise breakdown and a pass/ fail recommendation

Trusted by companies worldwide

Trusted by companies worldwide

"The hiring managers felt that through the technical questions that they asked during the panel interviews, they were able to tell which candidates had better scores, and differentiated with those who did not score as well. They are highly satisfied with the quality of candidates shortlisted with the Adaface screening."


- Human Resources Manager, Singapore Government

Everything you need to know about SAP FICO Test (Financial Accounting & Controlling) 👇

Everything you need to know about SAP FICO Test (Financial Accounting & Controlling) 👇

Adaface SAP FICO (Financial Accounting & Controlling) will be customized to accurately evaluate on-the-job skills required for your role.

General Ledger accounting Cost & Profit Centers Accrual Engine Financial Statement Versions (FSVs) Asset Under Construction (AuC) MIGO and MITO Transactions COPA Records MTO Process

Why You Should Use This Test

The SAP FICO Online test helps recruiters and hiring managers to identify qualified candidates from a pool of resumes, and helps in taking objective hiring decisions. It reduces the administrative overhead of interviewing too many candidates and saves expensive engineering time by filtering out unqualified candidates.

The Adaface SAP FICO test screens candidates for the typical skills recruiters look for in an SAP FICO consultant:

  • Extensive experience with developing FI/CO reporting solutions.
  • Creating test scenarios and test scripts for GL, AP, AR, AA, CCA, PCA, and RICEF Objects.
  • Strong understanding of fundamentals of CCA, PCA, product costing, Material Ledger, and CO-PA.
  • Understanding of topics such as  General Ledger (FI-GL) master accounts, Lockbox BAI2 configuration, MIGO-MIRO transactions, and testing the FI/CO transactions.
  • Experience with designing COPA reporting across various product lines.

The insights generated from this assessment can be used by recruiters and hiring managers to identify the best candidates for the role. Anti-cheating features enable you to be comfortable with conducting assessments online. The SAP FICO assessment is ideal for helping recruiters identify which candidates have the technical skills to do well on the job.

About This Test

The SAP FICO test will consist of ~15 MCQs and Fill in the Blank challenges crafted by experts in SAP FICO and will cover a broad spectrum of topics within SAP FICO. Use this SAP FICO Online Quiz to streamline your hiring process.

Here is a list of topics (only for reference, actual topics and questions for your custom assessment will be chosen by our subject-matter experts based on your job description/ ideal engineer persona).

Customer Management Submodules Document Management Financial Statements
Vendor Management Cash Management Integrations Invoicing & Reporting
Orders Rates Tables in Module Profit Center
Profitability Analysis FI-Asset Accounting (FI-AA) SAP FI AR T-codes Chart of Accounts Group
General Ledger (G/L) accounts Accounts Payable Dunning Bank Accounting
Credit Control Validation and Substitution Company Basics Vendor Master Records

Score Distribution

You should expect ~20% of the candidates to do well on Adaface assessments.

The score distribution for our assessments follow the normal curve. This is a good sign- standardized tests like SAT and GRE follow the normal distribution (bell curve).

Status quo assessments typically have the exact opposite of the bell curve (too many candidates getting close to 0, too many candidates getting close to 100 and too few candidates in the middle). This is typically because they focus on theoretical questions or trick questions, which are very binary in nature- either you know the trick/ theory or you don’t.

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FAQs

What is a custom assessment?

Every role is different and requires a custom assessment to identify top candidates efficiently. Adaface subject matter experts understand your job description/ role requirements and pick the most relevant questions from our library of 10000+ questions to create a technical assessment that helps you find the qualified candidates in your candidate pipeline quickly. All custom assessments are set up based on the job description, role requirements, must-have skills, experience level and salary range within a maximum of 48 hours and you will get an email notification once it goes live.

Check out a sample assessment here (no credit card required).

Can I combine multiple skills into one custom assessment?

Yes, absolutely. Custom assessments are set up based on your job description, and will include questions on all must-have skills you specify.

How is Adaface different from other assessment tools?

We believe that status quo tech assessment platforms are not a fair way for companies to evaluate engineers because they focus on trick questions/ puzzles/ niche algorithms. We started Adaface to help companies find great engineers by assessing on-the-job skills required for a role. Read more about why we started Adaface.

Here's what's different with Adaface:

  1. High quality non-googleable questions that test for on-the-job skills as opposed to theoretical knowledge.
  2. A friendly conversational assessment with a chatbot, instead of sending a "test" to a candidate. This translates to a higher completion rate. Adaface assessments (86% candidate completion rate), as opposed to traditional tests (40-50% candidate completion rate)
  3. Customized assessments for 700+ skills at different experience levels.
Do you have any anti-cheating features in place?

We have the following anti-cheating features in place:

  1. Web proctoring
  2. Webcam proctoring
  3. Plagairism detection
  4. Non-googleable questions
  5. Secure browser

How do I interpret test scores?

The primary thing to keep in mind is that an assessment is an elimination tool, not a selection tool. As in an assessment is optimizing to help you eliminate candidates who are not technically qualified for the role, it is not optimized to help you find the best candidate for the role. So the ideal way to use an assessment is to decide a threshold score (typically 60%, we help you benchmark) and invite all candidates who score above the threshold for the next rounds of interview.

What experience level can I use this test for?

Each Adaface assessment is customized to your job description/ ideal candidate persona (our subject matter experts will pick the right questions for your assessment from our library of 10000+ questions). This assessment can be customized for any experience level.

Does every candidate get the same questions?

Yes, it makes it much easier for you to compare candidates. Options for MCQ questions and the order of questions are randomized. We have anti-cheating features in place. In our enterprise plan, we also have the option to create multiple versions of the same assessment with questions of similar difficulty levels.

I'm a candidate. Can I try a practice test?

No. Unfortunately, we do not support practice tests at the moment.

What is the cost for using the SAP FICO (Financial Accounting & Controlling)?

You can check out our pricing plans here.

Can I get a free trial?

You can sign up for free and check out the platform here. The dashboard has a sample assessment for you to review the quality of questions and check out the candidate experience of a chat based assessment. Since our questions are premium, we are unable to share sample questions for a particular skill/ technology. You can also review our sample public questions here.

I just moved to a paid plan. How can I request a custom assessment?

Check out our quick guide on requesting a custom assessment here.

About The Role

The SAP FICO module is useful for managing financial transactions within organizations, both internally and externally. This financial accounting module is designed to keep track of all financial and company activities and provide statements at the end of each trading day, allowing workers to process data more efficiently. SAP FICO stands for FI (Financial Accounting) and CO (Controlling). 

SAP Financial Accounting (FI)

The SAP FI module is one of SAP ERP's most valuable modules. It accurately analyzes a company's financial situation in the industry. Regardless of the economic situation, this module is practical and scalable, and it helps small and large enterprises in combining data on business activities and legal standards. This module shows a business's financial position in the market in real-time. SAP FI works well in tandem with other SAP modules such as SAP PP, SAP SD, SAP MM, and others to achieve better performance.

SAP Controlling (CO)

SAP CO is yet another essential SAP module for businesses. The controlling module is useful for planning, analyzing, and handling company processes, which requires cost-viewing and cost-control approaches that are important for financial reporting. Employees may use this module to schedule, track, strategize, and report on operational expenses. Controlling involves taking into account all aspects of arranging and configuring master records, such as cost centers, cost components, internal orders, benefit centers, and so on.

SAP FICO consultants should have a comprehensive knowledge of FICO modules in order to make recommendations for improvements to business systems. This SAP FICO Online Test for hiring candidates focuses on testing for on-the-job skills.

Typical SAP FICO Consultant responsibilities include:

  1. Designing, customization, configuring, and testing of FI/CO modules.
  2. Configuring COPA profiles based on order forms to suit the needs of the customer for profitability analysis.
  3. Actively map business practices to ERP software.
  4. Creating crystal reports with SQL server views and data sorting and grouping.
  5. Actively engage in configuring the inconsistencies linked to the FI-GL, FI-AP, and FI-AR modules.
How do I use this?
How do I use this?

Start screening within minutes with Adaface ready-to-go tests

Start screening within minutes with Adaface ready-to-go tests

1. Choose the most appropriate test for your role

2. Start inviting candidates to complete the assessment

3. Receive real time notifications and shortlist the best candidates

OR

Customize the test with multiple skills/ seniority levels according to your job description

Customize the test with multiple skills/ seniority levels according to your job description

1. Get a custom assessment from our library of 700+ skills within 48 hours

2. Start inviting candidates to complete the assesment

3. Receive real time notifications and shortlist the best candidates

What Are Conversational Assessments
What Are Conversational Assessments

Conversational assessments are the most candidate friendly way to get insights into a candidate's on-the-job skills and suitability for a role, while providing for a delightful candidate experience. Candidates love conversational assessments because they are fast, intuitive and feel like an interview rather than a test.

traditional assessments cons

Tired of traditional assessments with trick questions and low completion rates?

conversational assessments pros

Adaface conversational assessments are reflective of on-the-job skills and see an 86% completion rate as compared to ~50% for traditional assessment platforms.

Test multiple skills in a single assessment customized for your job description
Test multiple skills in a single assessment customized for your job description

We evaluated several of their competitors and found Adaface to be the most compelling. Great default library of questions that are designed to test for fit rather than memorization of algorithms.

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Swayam
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