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ERP is a software system that integrates all business processes and functions into a single system.
ERP streamlines business operations by automating processes and providing real-time data.
It allows for better decision-making by providing a comprehensive view of the organization's performance.
ERP modules include finance, human resources, inventory management, supply chain management, and more.
Examples of ERP systems inc...
ERP software is a business management tool that integrates all aspects of a company's operations into a single system.
ERP stands for Enterprise Resource Planning
It helps streamline business processes and improve efficiency
Modules include finance, human resources, inventory management, and more
Examples of ERP software include SAP, Oracle, and Microsoft Dynamics
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I applied via Naukri.com and was interviewed in Nov 2023. There were 3 interview rounds.
Hana Studio is an integrated development environment for SAP HANA, while Cockpit is a web-based administration tool for managing HANA systems.
Hana Studio is a desktop application, while Cockpit is accessed through a web browser.
Hana Studio provides a wide range of development and administration tools, while Cockpit focuses on system administration.
Hana Studio allows for advanced development tasks like creating and mana...
MRP process in SAP is a planning process that helps organizations manage their inventory and production planning efficiently.
MRP (Material Requirements Planning) is used to plan and manage materials required for production.
It helps in determining when and how much material is needed based on demand and lead times.
MRP in SAP involves creating planned orders, purchase requisitions, and scheduling production orders.
It con...
Special stock in SAP MM refers to materials that are not part of the company's regular stock, such as consignment stock or project stock.
Special stock is managed separately from regular stock in SAP MM
Examples of special stock include consignment stock, project stock, and third-party stock
Special stock is identified by special stock indicators in SAP MM
posted on 16 Feb 2023
I applied via AmbitionBox and was interviewed in Jan 2023. There were 2 interview rounds.
In company code global settings, you enter the basic settings for the company code.
Basic company code settings such as currency, language, and chart of accounts are entered in global settings.
You can also define the fiscal year variant, posting periods, and field status variants.
Examples of settings include defining the number range for document types, setting up tolerance groups, and defining tax codes.
Global settings...
The 4 digit alphanumeric key, company name, city, country, currency, language, and address are all important details for SAP FICO consultants.
The 4 digit alphanumeric key is used to identify the company in the SAP system.
The company name, city, country, and address are used for billing and legal purposes.
The currency and language are important for financial reporting and communication with stakeholders.
Examples of curr...
Document splitting is a feature in SAP FICO that allows for the separation of financial transactions based on specific criteria.
Document splitting is used to separate financial transactions based on specific criteria such as cost center, profit center, or business area.
It allows for more detailed reporting and analysis of financial data.
For example, if a company has multiple cost centers, document splitting can separat...
Profit center is a unit within an organization that generates revenue and expenses and is used for internal management reporting.
A profit center is responsible for generating profit or loss.
It is used for internal management reporting and decision-making.
It can be a department, product line, or geographic location.
It helps in analyzing the profitability of different parts of the organization.
Examples include sales depa...
Cost elements are used to track expenses and revenues in SAP FICO.
Cost elements are used to record expenses and revenues in the general ledger.
They help in tracking the cost of goods sold, overheads, and other expenses.
Cost elements are assigned to cost centers and profit centers to track costs and revenues.
They are used in cost accounting and management accounting to analyze costs and profitability.
Examples of cost el...
Withholding tax is a tax deducted at source from payments made to vendors or suppliers.
It is a tax deducted by the payer from the payment made to the payee.
It is applicable on payments made to vendors or suppliers for goods or services.
The deducted tax is paid to the government on behalf of the payee.
It is used to ensure tax compliance and prevent tax evasion.
Examples include TDS (Tax Deducted at Source) in India and W
A defined fiscal year is a period of 12 months used for financial reporting purposes.
A fiscal year can start on any date, but it must end 12 months later.
It is important to define a fiscal year to ensure accurate financial reporting and compliance with tax laws.
Companies may choose to align their fiscal year with the calendar year or use a different period.
For example, a company may have a fiscal year that runs from Ju
I applied via Company Website and was interviewed in Sep 2021. There were 3 interview rounds.
Central Purchase Organisation is a centralized department responsible for procurement activities across multiple business units or locations.
Central Purchase Organisation streamlines procurement processes
It ensures consistency in purchasing decisions and leverages economies of scale
It negotiates contracts and manages supplier relationships on behalf of multiple business units
Examples include a central purchasing depart...
The enterprise sector refers to the segment of the economy that consists of businesses and organizations engaged in commercial activities.
It includes both private and public enterprises.
These enterprises produce goods and services for profit or to fulfill a social mission.
Examples include manufacturing companies, financial institutions, government agencies, and non-profit organizations.
The enterprise sector plays a cru...
In subcontracting process, movement types and transaction event keys are used to track the movement of materials between the subcontractor and the company.
Movement type 541 is used to transfer raw materials to the subcontractor
Movement type 542 is used to receive the finished goods from the subcontractor
Transaction event key WE is used for goods issue to the subcontractor
Transaction event key WA is used for goods recei
Purchase requisition and purchase order are the documents used to procure using Central purchase Organisation.
Purchase requisition is used to request materials or services from a vendor
Purchase order is a legal document that authorizes the purchase transaction
Central purchase organization is responsible for procurement for multiple plants or company codes
Purchase requisition and purchase order are created in SAP MM mod
A credit memo is a document issued by a seller to a buyer, indicating a reduction in the amount owed due to returns, discounts, or other reasons.
A credit memo is used to correct errors in invoices or to provide refunds to customers.
It is typically issued when goods are returned by the customer or when there is a pricing discrepancy.
Credit memos can also be used to adjust the amount owed by a customer for future purchas...
I applied via Company Website and was interviewed before Mar 2023. There were 2 interview rounds.
Test in coding
Questionnaire
Small speech
Just subject interview and HR round
The number of times issues are solved in support project L1 to L4 varies depending on the complexity and frequency of issues.
The number of times issues are solved can range from a few times to multiple times per day
It is important to track the number of times issues are solved to identify trends and areas for improvement
Examples of issues that may need to be solved multiple times include system errors, data discrepanci
Software Engineer
15
salaries
| ₹2.8 L/yr - ₹7.2 L/yr |
Associate SAP MM Consultant
13
salaries
| ₹2.4 L/yr - ₹5.2 L/yr |
SAP MM Consultant
10
salaries
| ₹2.5 L/yr - ₹4.2 L/yr |
Associate Consultant
7
salaries
| ₹3 L/yr - ₹4.8 L/yr |
Pega Developer
6
salaries
| ₹7 L/yr - ₹7.8 L/yr |
Cognizant
Teleperformance
Reliance Retail
iEnergizer