Deloitte SAP Consultant Interview Questions and Answers for Freshers

SAP is a software company that provides enterprise resource planning (ERP) solutions to businesses.

• SAP stands for Systems, Applications, and Products in Data Processing

• It offers a range of software solutions for various business functions such as finance, logistics, and human resources

• SAP ERP is a popular solution for managing business processes

• SAP also offers cloud-based solutions such as SAP S/4HANA and SAP SuccessFa...read more

Yes, I have used SAP extensively in my previous roles as a consultant.

• I have experience in implementing and configuring various SAP modules such as FI/CO, MM, SD, and PP.

• I have also worked on SAP upgrades and migrations.

• I am familiar with SAP best practices and have provided recommendations to clients based on their business requirements.

• One of my recent projects involved implementing SAP S/4HANA for a manufacturing cl...read more

Changes from AS to IND-AS in IND-AS 116

• AS 19 and IND-AS 116 are similar but IND-AS 116 has some changes

• AS 19 allowed two methods of accounting for leases, while IND-AS 116 only allows one

• IND-AS 116 requires lessees to recognize all leases on their balance sheet

• IND-AS 116 requires lessors to classify leases as either operating or finance leases

• IND-AS 116 requires additional disclosures in the financial statements