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Ifocus Global Consultants Associate SAP MM Consultant Interview Questions and Answers
Ifocus Global Consultants Associate SAP MM Consultant Interview Experiences
1 interview found
Bhakti Mhatre
Selected
I applied via Naukri.com and was interviewed in Jan 2023. There were 2 interview rounds.
(3 Questions)
- Q1. 1. what is SAP in your knowledge?
- Ans.
SAP is an enterprise resource planning software that helps businesses manage their operations and processes.
SAP stands for Systems, Applications, and Products in Data Processing
It integrates various business functions such as finance, sales, procurement, and inventory management
SAP provides real-time data and analytics to help businesses make informed decisions
It is used by companies of all sizes and industries, includ...
- Q2. 2. few tcodes in sap mm
- Ans.
Some important tcodes in SAP MM are ME21N, ME51N, MIGO, MB51, and ME23N.
ME21N - Create Purchase Order
ME51N - Create Purchase Requisition
MIGO - Goods Movement
MB51 - Material Document List
ME23N - Display Purchase Order
- Q3. What is objective of job
- Ans.
The objective of the job is to provide support and solutions related to SAP MM module.
To provide technical and functional support for SAP MM module
To analyze and resolve issues related to procurement, inventory management, and logistics
To assist in implementing and configuring SAP MM module for clients
To provide training and guidance to end-users
To ensure smooth functioning of SAP MM module and optimize its performance
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- SAP MM
- SAP Support
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Anonymous
I applied via AmbitionBox and was interviewed in Mar 2023. There were 2 interview rounds.
(3 Questions)
- Q1. Asked the questions related to the scenarios and automated po's and STO's.
- Ans. Tell them the Movement types with accounting entries.
- Q2. Asked the Consignment scenario.
- Q3. Answer them the process flow.
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(2 Questions)
- Q1. Requirements related things
- Ans. All the details about your educational background
- Q2. Experience related things
- Ans. They ask about experience and domain
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I applied via Company Website
(1 Question)
- Q1. HR questions is ,how many years experience, qualification & which position
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My self Akhilahmed shaikhsaheb shaikh,i have 9 years experience in our company 1) Aditya group 5 year experience
2) Collsworth hospitality services 2 year experience.
3) NSK engineering 2 year experience in sap mm associate support consultant
I applied via Recruitment Consulltant and was interviewed in Nov 2021. There was 1 interview round.
(2 Questions)
- Q1. Sap mm interview questions
- Q2. Sap WM RF question function warehouse
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(1 Question)
- Q1. Tell about https.
Srikrushna Giri
(7 Questions)
- Q1. What do you about know sap fico
- Ans.
SAP FICO is a module in SAP ERP that deals with financial accounting and controlling.
SAP FICO is an acronym for SAP Financial Accounting and Controlling.
It is a module in SAP ERP that integrates financial accounting and controlling processes.
It helps organizations manage their financial transactions, financial reporting, and cost controlling.
SAP FICO includes sub-modules like General Ledger Accounting, Accounts Payable...
- Q2. What is posting period varint
- Ans.
Posting period variant is a configuration setting that controls the posting periods for financial transactions.
Posting period variant determines the open and closed periods for posting financial transactions.
It is assigned to a company code and controls the posting periods for all financial modules.
It can be customized to meet the specific needs of the organization, such as defining special periods for year-end closing...
- Q3. What asset class and who made asset class
- Ans.
Asset class is a categorization of assets based on their characteristics. It is made by the company's management.
Asset class is used to group similar assets together for reporting purposes
It helps in tracking and managing assets efficiently
Examples of asset classes include buildings, machinery, vehicles, and furniture
Asset classes are created by the company's management based on their business needs
- Q4. What are the type of tolerance group in sap
- Ans.
There are three types of tolerance groups in SAP: payment, invoice, and purchasing.
Payment tolerance group controls the maximum amount of difference between the invoice and payment.
Invoice tolerance group controls the maximum amount of difference between the invoice and purchase order.
Purchasing tolerance group controls the maximum amount of difference between the purchase order and goods receipt.
Each tolerance group i...
- Q5. What is posting key and how to deater mined the posting key
- Ans.
Posting key is a two-digit numerical code used in SAP FICO to determine the type of transaction and the general ledger account to be posted.
Posting key is used to control the entry of accounting documents in SAP FICO.
It determines the type of transaction, such as debit or credit, and the general ledger account to be posted.
Posting keys are predefined in SAP and can be customized as per business requirements.
The posting...
- Q6. What is cash journal and how many steps of cash journal
- Ans.
Cash journal is a special journal used to record all cash transactions in a company.
Cash journal is used to record all cash transactions in a company
It is a special journal that is used to manage cash transactions
Cash journal is used to record all incoming and outgoing cash transactions
There are 3 steps in cash journal: creating a cash journal, posting transactions, and closing the cash journal
- Q7. What is documents types
- Ans.
Document types are categories of documents used in SAP to classify and organize business transactions.
Document types are assigned to each transaction in SAP to identify the type of transaction and its purpose.
Examples of document types include vendor invoices, customer invoices, purchase orders, and payment requests.
Document types are used to control the posting of accounting entries and to determine the document numbe...
(7 Questions)
- Q1. What is account payable
- Ans.
Account payable is the amount owed by a company to its suppliers or vendors for goods or services received but not yet paid for.
It is a liability account in the balance sheet
It represents the amount owed to suppliers or vendors
It includes invoices received but not yet paid
It is an important component of working capital management
Example: A company receives a bill for $10,000 from a supplier for raw materials purchased....
- Q2. What is account receivable
- Ans.
Account receivable is the amount of money owed to a company by its customers for goods or services sold on credit.
It is a current asset on the balance sheet
It represents the amount of money that a company expects to receive from its customers
It is recorded as a debit entry in the company's books
Examples include outstanding invoices, credit notes, and bad debts
- Q3. What are the type of chart of accounts
- Ans.
There are three types of chart of accounts: Operating chart of accounts, Group chart of accounts, and Country-specific chart of accounts.
Operating chart of accounts is used for daily accounting activities and is assigned to a company code.
Group chart of accounts is used for consolidating financial statements of multiple company codes.
Country-specific chart of accounts is used to meet legal and reporting requirements sp...
- Q4. How to configuration AAP
- Ans.
AAP configuration involves setting up the Asset Accounting module in SAP FICO.
Define chart of depreciation
Create asset classes
Specify depreciation areas
Assign asset classes to depreciation areas
Define screen layout rules
Configure number ranges for asset master records
Set up depreciation keys
Define tax depreciation areas
Configure integration with other modules
- Q5. What are the level of configured down payment
- Ans.
There are three levels of configured down payment: partial, final, and intermediate.
Partial down payment is made before the delivery of goods or services.
Final down payment is made after the delivery of goods or services.
Intermediate down payment is made during the delivery of goods or services.
Each level can have different percentages and due dates.
Down payment configuration can vary based on company policies and cust
- Q6. What are the process of desperation calculated
- Ans.
Desperation is not a process that can be calculated. Did you mean depreciation?
Desperation cannot be calculated as it is an emotion.
Depreciation is the process of allocating the cost of an asset over its useful life.
Depreciation can be calculated using various methods such as straight-line, declining balance, and sum-of-the-years' digits.
Depreciation is important for financial reporting and tax purposes.
For example, a ...
- Q7. What is product costing
- Ans.
Product costing is the process of determining the cost of producing a product or service.
It involves identifying all the costs associated with producing a product or service, including direct and indirect costs.
Direct costs include materials, labor, and other expenses directly related to production.
Indirect costs include overhead expenses such as rent, utilities, and administrative costs.
Product costing is important fo...
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Normal about company
Technical questions
(2 Questions)
- Q1. P2p cycle of AP
- Ans.
P2P cycle of AP involves procurement of goods or services, receipt of invoice, verification, approval, and payment.
Purchase requisition is created
Purchase order is generated and sent to vendor
Goods or services are received and verified
Invoice is received and matched with PO and goods receipt
Invoice is approved and payment is made
- Q2. O2c cycle of AR
- Ans.
O2c cycle of AR involves the process from order to cash collection.
The cycle starts with receiving an order from the customer.
The order is then processed and the goods are delivered.
An invoice is generated and sent to the customer.
The customer then makes the payment for the invoice.
The payment is recorded and the cycle is completed.
I applied via Naukri.com and was interviewed in Jun 2022. There were 2 interview rounds.
(1 Question)
- Q1. All together technically process overview.
(1 Question)
- Q1. All together project overview
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SAP MM Functional Consultant Interview Questions & Answers
Tech Mahindra
Poonam Tanwar
posted on 3 Jan 2022
I applied via Naukri.com and was interviewed in Jul 2021. There was 1 interview round.
Interview Questionnaire
20 Questions
- Q1. Common assignment type in SAP MM system ?
- Ans.
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
- Q2. Different info record types ?
- Ans.
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...
- Q3. Use of document type in SAP system?
- Ans.
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
- Q4. Why do you use material type ?
- Ans.
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...
- Q5. Different stock type in SAP system ?
- Ans.
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
- Q6. Different Stock transfer type in SAP MM ?
- Ans.
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...
- Q7. Outline agreement?
- Q8. What is MRP run in SAP system?
- Ans.
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...
- Q9. What is Contract ?
- Ans.
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...
- Q10. Quata arrangement in SAP system ?
- Ans.
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...
- Q11. Use of posting period in SAP system ?
- Ans.
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...
- Q12. Integral components in SAP MM ?
- Ans.
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...
- Q13. Pricing procedure in MM ?
- Ans.
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...
- Q14. Steps needed to configure pricing procedure in SAP MM ?
- Ans.
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
- Q15. How can G/L account for MM account determinations be verified?
- Ans.
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
- Q16. How to create movement type ?
- Ans.
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
- Q17. What is RTP ?
- Ans.
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.
- Q18. Sub contracting cycle on MM ?
- Ans.
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
Settleme
- Q19. Use of Split valuation ?
- Ans.
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 ...
- Q20. How to create tax calculations procedure in MM ?
- Ans.
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...
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