Thermo Fisher Scientific SAP SD Executive Interview Questions and Answers

OTC process refers to Order-to-Cash process, which involves the entire cycle from receiving an order to receiving payment.

• OTC process involves multiple steps such as order entry, order fulfillment, shipping, billing, and payment collection.

• It starts with the creation of a sales order based on customer requirements.

• The order is then processed, and the goods are picked, packed, and shipped to the customer.

• After delivery,...read more

Consignment process is a business arrangement where a supplier provides goods to a customer, but retains ownership of the goods until they are sold.

• Supplier owns the goods until they are sold

• Customer only pays for goods sold

• Supplier can take back unsold goods

• Goods are stored at customer's location

• Used in industries like retail, automotive, and healthcare

Billing types are used to differentiate between different types of billing documents in SAP SD.

• Billing types are defined in customizing and can be assigned to different sales document types.

• They determine the structure and content of the billing document.

• Examples of billing types include: F2 (Invoice), G2 (Credit Memo), and L2 (Debit Memo).

• Billing types can also be used to control the billing process, such as whether o...read more