TCS SAP Functional Consultant Interview Questions and Answers

Q1. Resume overview
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Q2. Expected ctc and location
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Expected ctc and location
• Research typical salary range for Functional Consultants in the industry

• Consider cost of living in the desired location

• Negotiate based on your experience and skills
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Q1. Accounting questions
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Q2. Previous work experience questions
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Q1. It was a gaming round related to reasoning and decision making skill
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Q1. Question related to accounting terminology
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Q2. Question related to accounting standards
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Q3. Advanced Excel formula
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Q1. Basic personal information
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Q2. Accounting and tax related questions
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The cloud system is beneficial.

Q1. What is STO, Explain one step and 2 step.
Ans. 
STO stands for Stock Transport Order. It is used to transfer goods from one plant to another within the same company code.
• One step STO involves creating a purchase order directly from the receiving plant to the supplying plant.

• Two step STO involves creating a stock transport order and then a goods receipt at the receiving plant.

• STO helps in tracking the movement of goods between plants and ensures proper inventory mana...read more
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Q2. Pricing procedure
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Pricing procedure in SAP MM determines the conditions for pricing materials and services in purchase orders and invoices.
• Pricing procedure is a set of condition types that are used to determine the prices of materials and services in procurement processes.

• It is configured in SAP MM using transaction code M/08.

• Pricing procedure is assigned to a purchasing document type in customizing settings.

• It consists of various step...read more
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Q1. What is difference between Chart of accounts and main accounts
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Chart of accounts is a list of all the accounts used by an organization, while main accounts are the individual accounts within the chart of accounts.
• Chart of accounts is a structured list of all the general ledger accounts used by an organization.

• Main accounts are the individual accounts within the chart of accounts, representing specific financial transactions.

• Chart of accounts provides a framework for organizing fin...read more
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Q2. What is Number sequences and where do you create them?
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Number sequences are unique identifiers used to generate and assign numbers to records in Dynamics 365 Finance and Operations.
• Number sequences are created in the Number sequences form in the System administration module.

• They are used to automatically generate unique identifiers for various records such as customers, vendors, and transactions.

• Number sequences can be customized to include prefixes, suffixes, and specific...read more
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Q1. What is sales tax group
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A sales tax group is a grouping of tax codes that are applied to a specific set of products or services.
• Sales tax groups help streamline the tax calculation process for specific items

• They allow for easier management of tax rates for different products or services

• For example, a company may have different tax rates for clothing, electronics, and food items
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Q2. What is item sales tax group how do u set up item sales group in tax module?
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Item sales tax group is a grouping of items that have the same tax treatment. It is set up in the tax module to apply specific tax rates to items.
• Item sales tax group is used to apply specific tax rates to items that belong to the same group.

• It helps in managing tax calculations for different items efficiently.

• To set up item sales tax group, go to the tax module in the ERP system and create a new tax group.

• Assign the r...read more
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Q3. What is the major issue have u done recently?
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Q1. Tell me about yourself
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Q2. Your Challenges
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Q1. Real scenario and basics
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Q1. Salary discussion
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