Accenture Interview Questions and Answers

Assigning two types of purchase org to plant allows for different procurement processes and strategies to be implemented for different materials or categories.

• Allows for segregation of procurement processes based on material type or category

• Enables different purchasing strategies to be implemented for different materials

• Facilitates better control and management of procurement activities for the plant

STO is a stock transfer between plants within the same company code, while transfer posting is a movement of goods within the same plant.

• STO involves a stock transfer between plants within the same company code.

• Transfer posting is a movement of goods within the same plant.

• STO is used for intercompany transactions, while transfer posting is used for intracompany transactions.

• STO requires a purchase order, while transfer posting does not.

• Example: STO - transferring stock from P...read more

FIT - Gap Analysis is a process used to identify the gaps between the current state and the desired future state of a system or process.

• FIT - Gap Analysis involves comparing the current functionalities of a system with the desired functionalities to identify gaps.

• It helps in understanding the areas where customization or configuration is needed to meet the requirements.

• The analysis results in a detailed report outlining the gaps and recommendations for bridging them.

• Example: ...read more

Accounting entries in subcontracting process involve transfer of raw materials to subcontractor and receipt of finished goods.

• Raw materials transferred to subcontractor are recorded as a debit to subcontracting expense account and credit to raw materials inventory account.

• Receipt of finished goods from subcontractor is recorded as a debit to finished goods inventory account and credit to subcontracting expense account.

• Any additional costs incurred during subcontracting proces...read more

Two way match compares PO and invoice, three way match adds goods receipt

• Two way match compares PO and invoice for quantity and price

• Three way match adds goods receipt to compare against PO and invoice

• In case of discrepancies, resolution process is initiated

A pricing procedure is a set of condition types and their sequence used to determine the price of a product or service in SAP MM.

• A pricing procedure is defined in the system configuration and can be assigned to a sales document type or a combination of sales area, customer, and material.

• It consists of condition types, which represent different pricing elements such as discounts, surcharges, taxes, etc.

• The sequence of condition types in a pricing procedure determines the order...read more