SAP CO S4HANA Interview Questions & Answers. These are real questions asked in sap controlling interviews.
Most frequently asked questions in SAP CO interview. Prepare these questions to clear technical interview of SAP CO S4HANA profile.
1. What are the changes in SAP S4HANA vs ECC in controlling? 2. What is margin analysis in S4HANA? Is there anything new in margin analysis or just a name change from ECC to S4HANA? 3. What is new in allocation cycles in SAP S4HANA? 4. Why companies prefer assessment cycle over distribution cycle in sap? 5. Do you have Fiori exposure? Have you worked with Fiori? 6. What is the purpose of material ledger? How actual cost is arrived in sap? 7. In S4HANA, is actual costing mandatory? 8. Is material ledger activated at plant level or company code level? 9. Can we activate actual costing only for few plants in a company code? Or is it mandatory to activate for all plants in the company code? 10. Can we activate actual costing in middle of a month? When should we activate actual costing? 11. To activate actual costing in a live company code, what steps and precautions we need to take? 12. Have you ever created any custom characteristic for profitability reporting? If yes, please explain why? 13. Have you ever created any RICEF in controlling? If yes, can you explain what was the requirement and how you accomplished it? 14. Is it possible to maintain budget in cost center? 15. To enable standard costing, what configurations are needed? Explain all configuration steps that you will do to activate standard costing in sap? 16. What is cost component structure in sap? 17. What parameters are maintained in costing variant? 18. What is production version in sap? 19. Which field in material master differentiates between Make to Order and Make to Stock? 20. How sales order costing is done? Explain all steps from start to end in make to order scenario? 21. What are month end activities for a production order? 22. What accounting entry is posted at month end for WIP? What is the configuration step for WIP in sap? 23. What accounting entry is posted for variance settlement at month end? 24. Explain how overhead is applied using costing sheet? 25. How overhead costing sheet is connected with material master? 26. How controlling is integrated with material? 27. What is document splitting in sap? Explain with example 28. For company codes to be assigned to same controlling area. what are the prerequisite? 29. What could be the need to have multiple controlling area in sap? Explain me a business scenario when we need two controlling area? 30. Explain me AuC process using internal order? 31. Do you have experience in project system? 32. Why do we need profit center? Is it mandatory to create each product as a profit center? 33. What are the steps to update new standard cost in material master? What is the accounting entry generated when you update a new standard cost in material master? 34. If after go-live, it is found that for few materials wrong inventory GL account is posted. Then what could be the root cause? 35. Tell me a business scenario, when profit center substitution is needed?