Interview Questions.

Q1. What Are Account Assignment Models?

AAM’s are blocks of document line items that can be used repeatedly to prevent guide re-entry. Which fields are protected in the AAM layout may be configured the usage of O7E3

Q2. What Are Statistical Internal Orders?

Statistical real internal orders are dummy cost items used for evaluation and reporting purposes. They must be published to at the side of a real cost object including a cost center.

Q3. Explain The Organizational Assignment In The Pa Module?

The operating Concern is the highest node in Profitability Analysis.

The running difficulty is assigned to the Controlling Area.

Within the running concern all the transactions of Profitability Analysis are saved.

The working challenge is not anything but a nomenclature for defining the very best node in PA.

Q4. What Do You Mean By Value Field Groups?

Value Field Groups constitute the viable combos of cost fields in an operating challenge.

Value subject agencies are used to specify:

Which fee have to be made available to customers entering or displaying a line item

In what order those cost fields need to be displayed

Which particular value fields may be stuffed

Q5. What Do You Mean By Period Based Accounting (gl Based) And Cost Of Sales Accounting (copa Based)? Period Based Accounting?

“Period based totally” way that during the month or length, all and best actual occasions / transactions are published in the right length.  At the cease of the length envisioned accruals and deferrals are made and posted to that posting length to provide a more accurate view of earnings.  IE any anticipated sales and expenditures that have to relate to the current length are accrued for and similarly any pay as you go fees or revenues are deferred to the next duration.  (Accruals and Deferrals are posted temporarily, commonly to special bills, and reversed prior to the next duration end.)

Cost of Sales Accounting:

Cost of Sales in SAP manner that we attempt to report or instead file the “charges of income” against the real sale at as low a degree as viable and during the length. (In CO-PA that is right down to a transaction stage.)   This permits the organisation to get a fairly accurate view of profitability on a real time foundation.

This is executed by the use of either requirements or estimates for a number of the additives that make up the “value of products bought”.  Any versions from the requirements are typically published thru to the cost of income device either at month cease or when they occur.

Q6. Can Both Account Based And Costing Based Profitability Analysis Be Configured At The Same Time?

Yes. It is possible to configure each styles of costing based profitability evaluation at the same time.

Q7. What Are Characteristics Values?

Characteristics are factors on which we need to break down the profit logically including client, area product, sales person and so on. 

Q8. How Data Flows From Co To Copa?

Through Assessments. Allocates prices from value centers to profitability segments. 

Q9. How Data Flows Through Mm Into Fi?

Through Account venture model OKB@Automatic postings created in substances management, may be surpassed directly to CO-PA by using automatic account undertaking to a profitability segment.

Q10. What Is The Basic Difference In Customizing In Profitability Analysis As Compared To Other Modules?

In PA whilst we configure the gadget i.E. Creating operating issue, maintain structures no customizing request is generated. The configuration needs to be transported thru a exclusive transaction referred to as as KE3I.

Q11. What Are Non-fixed Characteristics Or User Defined Characteristics?

Up to 50 non-constant traits can be brought to an working challenge.

Create -> Derived the value from Table PAPARTNER (SD partner that may be utilized in COPA) -> Create person described characteristic call WW008 -> Save

Q12. How Data Flows From Pp Into Fi & Copa?

Through Production Variances. It Posts variances from the production (product fee) estimates or standards to the GL debts and to Profitability Analysis if actual charges are required (vs popular fees).  Standard price figures would have been used to update Stock and Cost of Goods offered figures whilst completed inventory changed into issued from the production runs. 

Q13. What Do You Mean Fixed Characteristic Fields?

Predefined function fields in SAP R/three gadget, that are obvious, are referred to as constant function fields which includes product, sales org and purchaser

Q14. How Do You Configure The Assignment Of Variances From Product Costing To Copa Module?

The variance classes from product costing along side cost detail are to be assigned to the price fields in COPA.

Q15. Describe Three Ways Of Disposing Of An Asset From A Company Code In Sap R/three?

An current asset may be scrapped (transaction ABAVN), transferred to another enterprise code (ABUMN), sold to a purchaser account within the debts receivable module (F-92), bought with revenue but the revenue is booked to a GL account (ABAON).

Q16. What Are Statistical Key Figures In Co?

SKF’s are statistical (or data values) used in cost allocations such as exams and distributions.

Q17. Name Some Settlement Receivers For Co Internal Orders?

Typically CO Internal Order is settled to:-

Other inner orders

Fixed property (which includes property underneath constructions)

GL Accounts

Cost Centres

Q18. How Data Flows From Sd To Copa?

The normal SD record waft is as follows:

Sales order

Delivery (the delivery creates the products problem, which debits COGS and credit Inventory – COGS is up to date in CO-PA right now)

Billing Document (the billing document updates A/R, Sales revenue, Discounts, Freight, and so forth.)