Hexaware Technologies Workday Consultant Interview Questions and Answers

Q1. What are account type s on fico?
Ans. 
Account types in FICO include asset accounts, liability accounts, equity accounts, revenue accounts, and expense accounts.
• Asset accounts represent resources owned by the company, such as cash, inventory, and equipment.

• Liability accounts represent obligations owed by the company, such as loans and accounts payable.

• Equity accounts represent the owner's stake in the company.

• Revenue accounts track income generated by the c...read more
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Q1. Explain p2p process?
Ans. 
P2P process stands for Procure to Pay process, which involves all steps from requisitioning goods/services to making payment.
• Requisitioning: Requesting goods/services needed by the organization.

• Vendor selection: Choosing a vendor to fulfill the requisition.

• Purchase order creation: Formalizing the agreement with the vendor.

• Goods receipt: Receiving the goods/services from the vendor.

• Invoice verification: Checking the inv...read more
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Q1. Topics on third-Party sales Process, Credit Management, Consigmenet Sales process, Output Deteremination, Accounting entries at PGI and Invoice
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Q2. Explain Third Party Process
Ans. 
Third Party Process involves selling products to customers through a third party vendor.
• Involves a third party vendor who sells products on behalf of the company

• The company does not directly deliver the products to the customer

• The third party vendor may handle billing and shipping

• Common in dropshipping business models
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Q3. Explain Output Deteremination
Ans. 
Output determination in SAP SD is the process of determining the outputs (such as invoices, delivery notes, etc.) that are to be sent to customers based on certain conditions.
• Output determination is configured in SAP using condition technique.

• It involves defining output types, condition tables, access sequences, and output determination procedures.

• Outputs are determined based on various criteria like sales document typ...read more
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Q4. Explain Pricing Deteremination and Anlaysis of error
Ans. 
Pricing determination in SAP SD involves analyzing pricing conditions to calculate the final price for a sales document.
• Pricing determination is the process of calculating the final price for a sales document based on various pricing conditions.

• It involves analyzing pricing conditions such as discounts, surcharges, taxes, and freight charges to arrive at the final price.

• Errors in pricing determination can occur due to ...read more
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What would u do to bring DHL onboard as LE customer

Q1. SAP sum phases and errors
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Q1. Material valuation
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Q2. Account determination
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Q1. Tell me about past job experience
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Q1. About workday and function testing, recruiting relative question
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Q1. Where does pricing come from
Ans. 
Pricing in SAP SD comes from condition records maintained in the system.
• Pricing in SAP SD is determined by condition records maintained in the system.

• Condition records include pricing elements such as discounts, surcharges, and taxes.

• Pricing can also be influenced by customer-specific agreements and contracts.

• The pricing procedure in SAP SD determines the sequence in which conditions are applied.
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