What is meant by GR/IR clearance account?
- Jan 10th, 2018
Definition. Postings are made to the goods receipt/invoice receipt (GR/IR) clearing account or to GR/IR accounts whenever goods are delivered and invoice receipts are captured with a material referenc...
- Feb 19th, 2010
GR/IR are clearing accounts, the balance should be match at the end of the month.When goods receipt stage GR/IR will be credited.When goods verification stage GR/IR will be debited.This both should be match when we run GR/IR clearing.
What are document type controls used ?
- Jan 10th, 2018
1.The Document Type distinguishes between types of business transactions that are posted.Ex.SA: General Ledger acounting Document,DR: Customer Invoice,DZ: Customer Payment 2.The Document Type contr...
- Apr 6th, 2012
Hi Friends , Document type is nothing but a voucher type , it controls document number ranges , it controls document header data , based on this we are identified particular document is GL-for ...
How the Price determination process works in sap-mm?
- Jan 10th, 2018
16 Fields in Pricing Procedure and Their Description Define Pricing Procedure A pricing procedure is a procedure by where in which you control the execution of condition tyoes in a sequence you woul...
- Aug 6th, 2009
System will search first calculation schema with the combination of schema group for vendor and schema group for purchase organization. Search for condition recorded belongs to condition types listed...
What is dunning?
- Jul 25th, 2017
If we have 1000s of customers, how we can identify which are eligible for dunning process to run (which customer is in over due)
- Mar 5th, 2008
Dunning is nothing but a letter which reminds Customers about their Outstandings.We issue system defined letter forms to the customers.And we issue dunning letters to Vendors also if we pay advance to vendors and vendor did not supply the material up to yet.
In FICO Module, What are the major problems or issues you face during the implementation and how do you resolve it?Kindly give me 2 or 3 scenarios and solutions.
- Feb 25th, 2017
What are SAP FI CO Realtime Issues?
- Jan 31st, 2008
The first major issue you are likely to face is in deciding what the company will want SAP to do at first Go-Live and what they anticipate they will want it to do in the future. It is usually much eas...
Uploading Data using LSMW
While uploading data using LSMW How do you know that which fields are to be updated?
- Jun 6th, 2016
You should know the fields which you are going to update. For eg. If vendor master is to be uploaded, one should know which fields(like vendor name, address, accounting details, etc) are to be updated. Without even knowing that, one cannot update in LSMW
SAP BI - What is filter ?
- Mar 11th, 2016
Is a program to transfer data from the SAB and the system is done through a private report to you
Generally we use ASAP Methodology to implement SAP. What are the other methodologies we have in SAP? What are the advantages of ASAP over other methodologies?
- Jan 9th, 2016
- Jan 4th, 2008
Full Form Accelerated SAP
What is the difference between stock transfer between two plants belongs to same company code and to that of different company code???
- Dec 16th, 2015
In STO with in same company code (Intra-Company) there will be only goods movement between plants under this co. code and there do not exist any billing (as the books of a/c are not different). In STO...
- Jan 21st, 2012
It is performed in inventory management.
What is an Open Item in SAP? How will you find an Open Item in SAP?
- Oct 10th, 2015
What is the Vendor Master Record?
Gayathri Suresh Kumar
- Sep 5th, 2007
You can generate a list of open items from the information systems menu option: General Ledger: Information system, General ledger reports, Line items, General ledger line items, G/L line items,...
SAP MM Full Life Cycle
What is meant by SAP MM full life cycle and its implementation.
- Oct 11th, 2014
2.Request for quotation
4.Monitoring the deliveries
5.Invoice verification and Taacking the MIGO Movement
6.follow up the finance dept for cheques send to supplier.
- May 23rd, 2012
The full life cycle of mm module are:
2.Request for quotation.
6 Invoice verification.
State the most common SAP(FICO) Tickets.
- Jan 26th, 2014
- Apr 22nd, 2013
1.New Tax codes Creation 2.Sales billing document is not released to account 3.Balancing profit center filed required in line items 4.Needs attach GL accounts to Financial statements Tree. 5.Idoc not...
How can you run app when you have to pay in different currency ?
Company have only one bank account with INR currency. But vendor asks for USD payment, How can you run app?
- Sep 6th, 2012
Maintain exchange rate in ob08 and in app user parameters we are giving company code payment method and next date.So in vendor master data we are maintaining USD.So the payment will be make in USD for that vendor.
What is the major difference between contract and scheduling agreement?
- Feb 28th, 2012
Contract and Scheduling agreement both are outline agreements. In contract 2 types of contracts are there. Value and Quantity contract, in Value contract you agree with the customer for certain value....
- Aug 14th, 2009
Basically Contract and Scheduling Agreement is long term procurement deal with vendor.Its a legal bonding for the both - Customer and Vendor.Contract - Contract is created with vendor for specified va...
Do you need and enquiry or quotation before we start the SD process?
- Feb 28th, 2012
It depends on business to business , if one business follow the inquiry and quotation and another business do not follow the same than we design our sap according to the business process either we start from the inq , quot or the sales order.
- Aug 19th, 2011
No need of enquiry and quotation before sd proccess, if mm process means it needs enquiry and quotation.
How to create one delivery for two or three sales orders?
- Feb 28th, 2012
The combination of delivery is set in the customer master data in the shipping tab and in the sales order. After that you can do the 1 deliver for the different orders by checking the rule, to the party is same, the due date is same, echo terms , shipping point etc.
- Nov 9th, 2009
The customer master has to be set for order combination, as well as shipping point delivery dates has to be equal.
- Aug 20th, 2010
It is an organized way that reflects event go through when you implement "certain determination procedures" in a project.
pradyumna kumar patel
- Mar 30th, 2007
The purpose of Condition Technique is to find the right condition record for a Condition Type in the procedure.That means where there are several?condition records available,Condition Technique is us...
1. What is the difference between the stock transfer between two plants belonging to same company code and those belonging to different company code?2. What are the fields in Purchasing view?3. What are the steps in automatic account assignment config.4. How do you create movement types? What are the steps involved? When will you recommend a new movement type?5. What is meant by access sequence? When it is used?6. How does the PO pick up the pricing schema?7. What are the steps involved in creating a pricing procedure?8. What are the types of special stocks available?9. What are the types of inforecords?10. What is meant by consignment stock?11. What are the steps involved in consignment cycle?12. Tell me about the subcontracting cycle.13. How is scrap accounted in subcontracting?14. How are the byproducts taken care of in subcontracting?15. Tell me about the various movement types and usage.16. What is meant by scales? Can scales be used in standard purchase order?17. What is the difference between a contract and a scheduling agreement?18. How does the system calculate taxes?19. How does the system calculate nondeductible taxes?20. What is meant by batches? How can the batches be searched?21. How is a shelf-life item managed in SAP? What is the full cycle?22. What are the settings required for quota arrangement?23. What is meant by MRP Type and lot sizing?24. Can it be configured in such a way that the external requisitions can also be taken into account while MRP runs in consumption-based planning if VB is selected as MRP type?25. What is a reference purchase organization? When can it be used?26. Explain the concept of split valuation and when can it be used? What are the settings required?27. What are valuation area, valuation category and valuation class?28. What is meant by a credit memo?29. How are free items managed in a PO?30. What is meant by a release strategy?31. What are release groups and release codes?32. What are the differences between release procedure with classification and release procedure without classification? When are they used?32. Is it possible to have a release procedure without classification for a PO?33. What is the maximum number of levels available in SAP?35. Is it possible to have scales in a quotation?36. What is GR blocked stock? When it can be used?37. What is the movement type for return to vendor? How to reverse it?38. How are the variations in subcontracting taken care of in SAP?39. What are the tools available for data migration in SAP?40. What is LSMW?41. What is the difference between LSMW and CATT?42. How to give specifications for developments?43. How do you plan for a vendor rating system and move about?44. What is RTP?45. What is the movement type used in receipt of RTP?46. How is an item with serial no. managed?47. How do you make variants?48. What are the types of tables in SAP?49. How to inventory excise duty in SAP?50. What are the documents generated in the MIGO 101 movement type? What are the accounts hit?
- Jul 16th, 2010
Sub Contracting Process : (1) You have a material (Finished Goods) that can be procured externally, and you have maintained BOM (CS01) with components (Raw Materials). Any waste generated and received...
- Jul 8th, 2010
In automatic account assignment configuration, we first of all group together our valuation areas i.e. plants via a valuation grouping code. In the next step, we define valuation class in wh...
Explain what are the steps in the SD process at least up to the invoicing stage
- Jul 7th, 2010
1. Inquiry2. Quotation3. Sales Order4. Picking5. Packing6. Delivery7. PGI8. Invoice
- Jun 14th, 2008
Inquiry(VA11)-->quatation(VA21)-->Sales order(VA01)-->Delivery(VL01N)-->Transfer order(LT03)-->Post goods issue(VL02N)-->Billing(VF01)RegardsShivakumar
SAP Modules Interview Questions