Accentuate IT Solutions SAP PS Consultant Interview Questions and Answers

Central Purchase Organisation is a centralized department responsible for procurement activities across multiple business units or locations.

• Central Purchase Organisation streamlines procurement processes

• It ensures consistency in purchasing decisions and leverages economies of scale

• It negotiates contracts and manages supplier relationships on behalf of multiple business units

• Examples include a central purchasing depart...read more

The enterprise sector refers to the segment of the economy that consists of businesses and organizations engaged in commercial activities.

• It includes both private and public enterprises.

• These enterprises produce goods and services for profit or to fulfill a social mission.

• Examples include manufacturing companies, financial institutions, government agencies, and non-profit organizations.

• The enterprise sector plays a cru...read more

In subcontracting process, movement types and transaction event keys are used to track the movement of materials between the subcontractor and the company.

• Movement type 541 is used to transfer raw materials to the subcontractor

• Movement type 542 is used to receive the finished goods from the subcontractor

• Transaction event key WE is used for goods issue to the subcontractor

• Transaction event key WA is used for goods recei

Purchase requisition and purchase order are the documents used to procure using Central purchase Organisation.

• Purchase requisition is used to request materials or services from a vendor

• Purchase order is a legal document that authorizes the purchase transaction

• Central purchase organization is responsible for procurement for multiple plants or company codes

• Purchase requisition and purchase order are created in SAP MM mod

A credit memo is a document issued by a seller to a buyer, indicating a reduction in the amount owed due to returns, discounts, or other reasons.

• A credit memo is used to correct errors in invoices or to provide refunds to customers.

• It is typically issued when goods are returned by the customer or when there is a pricing discrepancy.

• Credit memos can also be used to adjust the amount owed by a customer for future purchas...read more

Common assignment types in SAP MM system include purchase requisitions, purchase orders, goods receipts, and invoice verification.

• Purchase requisitions: Used to request the procurement of materials or services.

• Purchase orders: Generated to procure materials or services from vendors.

• Goods receipts: Documented when materials are received into the warehouse or stock.

• Invoice verification: Process of verifying and approving

Different info record types in SAP MM include standard, consignment, subcontracting, pipeline, and service.

• Standard info record is used for regular procurement of materials.

• Consignment info record is used when materials are stored at the customer's location but owned by the vendor.

• Subcontracting info record is used when a vendor performs a specific service or process on materials provided by the company.

• Pipeline info r...read more

Document types in SAP system are used to categorize and control different types of documents.

• Document types are used to differentiate between various business transactions and processes.

• They help in organizing and managing documents in a structured manner.

• Document types determine the number range, field selection, and processing rules for each document.

• Examples of document types in SAP MM include purchase orders, goods

Material type is used to classify and categorize different types of materials in SAP MM.

• Material type helps in determining the behavior and attributes of a material in the system.

• It is used to control the procurement process, valuation, and account determination for materials.

• Different material types have different settings and configurations, such as whether a material is a finished product, raw material, or spare par...read more

Different stock types in SAP system include unrestricted stock, quality inspection stock, blocked stock, and special stock.

• Unrestricted stock is available for use and can be used for any purpose.

• Quality inspection stock is used for items that are undergoing quality checks.

• Blocked stock is not available for use and requires special authorization to be used.

• Special stock includes consignment stock, project stock, and ret

There are several stock transfer types in SAP MM, including stock transfer between plants, stock transfer between storage locations, and stock transfer between company codes.

• Stock transfer between plants: This involves transferring stock from one plant to another within the same company code.

• Stock transfer between storage locations: This involves transferring stock from one storage location to another within the same p...read more

MRP run in SAP system is a process that calculates material requirements based on demand and generates procurement proposals.

• MRP run is used to ensure that materials are available for production and delivery to customers.

• It considers various factors such as sales orders, production orders, forecasts, and stock levels to determine the quantity and timing of material requirements.

• MRP run generates procurement proposals s...read more

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions of their relationship.

• A contract is a written or verbal agreement.

• It establishes the rights and obligations of the parties involved.

• Contracts can be for the sale of goods, provision of services, employment, etc.

• They typically include terms such as payment terms, delivery schedules, and dispute resolution mechani...read more

Quota arrangement in SAP system is used to define the distribution of goods or services over a specific period of time.

• Quota arrangement is used to allocate quantities to different sources or vendors based on predefined rules.

• It helps in maintaining a balance between multiple sources and ensures fair distribution.

• Quota arrangement can be set up for both procurement and sales processes.

• It can be based on various factors...read more

Posting period is used to control the posting of financial transactions in SAP system.

• Posting period determines the time frame during which financial transactions can be posted in SAP system.

• It helps in ensuring that transactions are posted in the correct accounting period.

• Posting periods can be defined for different time intervals, such as months or quarters.

• Each posting period can have its own start and end dates.

• Tra...read more

Integral components in SAP MM include material master data, purchasing, inventory management, and logistics invoice verification.

• Material master data: Contains information about all materials used in the organization, such as their description, price, and storage location.

• Purchasing: Involves the procurement of materials and services from external vendors, including creating purchase orders and managing supplier relati...read more

Pricing procedure in MM determines how prices are calculated for materials and services.

• Pricing procedure is a set of condition types and access sequences that determine the calculation of prices.

• It is used to determine the net price of a material or service based on various factors such as quantity, discounts, taxes, etc.

• Condition types define the different elements that contribute to the price calculation, such as ba...read more

To configure pricing procedure in SAP MM, follow these steps:

• Define access sequence

• Assign condition types to access sequence

• Define condition tables

• Assign condition tables to access sequence

• Define calculation schema

• Assign calculation schema to pricing procedure

• Define pricing procedure determination

• Assign pricing procedure to relevant document types

G/L account for MM account determinations can be verified through configuration settings and testing.

• Verify the account determination configuration in transaction code OBYC.

• Check the account determination procedure and account assignment category settings.

• Test the account determination by creating a purchase order and checking the G/L account assignment.

• Review the accounting documents and postings to ensure the correct

Movement types can be created using transaction code OMJJ.

• Go to transaction code OMJJ

• Enter the new movement type details

• Assign the movement type to a movement type group

• Save the new movement type

RTP stands for 'Returnable Transport Packaging'.

• RTP is a type of packaging that can be reused multiple times.

• It is designed to be durable and withstand multiple trips.

• RTP is commonly used in supply chain management to reduce waste and costs.

• Examples of RTP include plastic pallets, reusable containers, and metal racks.

• RTP can also help to reduce carbon emissions and improve sustainability.

Subcontracting cycle involves sending raw materials to a vendor for processing and receiving finished goods back.

• Create a subcontracting purchase order with components and quantities

• Issue components to vendor using MIGO transaction

• Vendor processes components and returns finished goods using MIGO transaction

• Receive finished goods into inventory using MIGO transaction

• Invoice verification for subcontracting vendor

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Split valuation is used in SAP MM to assign different values to different portions of a material or product.

• Split valuation allows for the differentiation of material valuation based on specific characteristics or attributes.

• It helps in tracking and managing different costs associated with different portions of a material.

• Examples of split valuation include assigning different values to different batches of a material ...read more

To create tax calculations procedure in MM, define tax codes, assign tax codes to materials, and configure tax calculation settings.

• Define tax codes using transaction code FTXP

• Assign tax codes to materials using transaction code MM02

• Configure tax calculation settings using transaction code OVK1

• Specify tax jurisdiction codes using transaction code FTXP

• Define tax conditions using transaction code FV11

• Assign tax condition...read more