SAVIC Technologies Interview Questions, Process, and Tips for Experienced

Pricing is integrated with Sales and Distribution, Materials Management, and Financial Accounting modules.

• Pricing is integrated with Sales and Distribution module to determine the final price of a product or service.

• It is also integrated with Materials Management module to determine the cost of goods sold.

• Pricing is integrated with Financial Accounting module to determine the revenue and profit of a company.

• The integra...read more

Account key is used to determine GL account for revenue, discounts, taxes, etc. in SAP SD module.

• Account key is a 2-character alphanumeric code used in pricing procedure

• It determines which GL account will be used for various pricing elements like revenue, discounts, taxes, etc.

• Account key can be customized as per business requirements

• Examples of account keys are PR00 for price, K007 for discounts, MWST for taxes, etc.

GL accounts are assigned in SAP SD to record financial transactions related to sales and distribution processes.

• GL accounts are assigned to various sales and distribution processes such as sales order, delivery, and billing

• They are used to record financial transactions such as revenue, cost of goods sold, and taxes

• GL accounts can be assigned at various levels such as company code, sales organization, and distribution c...read more

Account determination is the process of determining the correct GL account for a transaction.

• It involves mapping of different transaction types to appropriate GL accounts

• It is a crucial step in financial accounting

• It can be configured in SAP using transaction code OBYC

• Examples include determining the correct GL account for sales revenue or expense accounts

Calculation type in pricing refers to the method used to calculate the price of a product or service.

• Calculation type determines how the system calculates the price of a product or service

• There are different calculation types such as percentage, fixed amount, scale, and formula

• For example, a percentage calculation type may be used to apply a discount to a product based on a percentage of the original price

• A fixed amoun...read more

To get timely invoices billed to client, establish clear communication and follow-up regularly.

• Establish clear communication with the client regarding billing procedures and timelines

• Ensure all necessary documentation is complete and accurate before submitting invoices

• Follow-up regularly with the client to ensure timely payment and address any issues or concerns

• Utilize technology and automation tools to streamline the ...read more

Indian clients face challenges in implementation due to cultural differences and communication barriers.

• Language barriers can lead to misunderstandings and delays

• Different work styles and expectations can cause conflicts

• Lack of clarity in project scope and requirements

• Resistance to change and reluctance to adopt new technologies

• Cultural differences in decision-making processes and hierarchy

• Time zone differences can aff...read more