Set - 3

Question 6 :

What is the difference between a contract and a scheduling agreement?

Answer :

A scheduling agreement can be made for Consignment, Subcontracting and stock transfer. A contract, also known as a blanket PO, can be made for standard items and can be restricted to a Value or QTY.

Question 7 :

How does the system calculate taxes?

Answer :

Based on the calculation schema of that condition and based on access sequence assigned to it.

Question 8 :

What are the cutover activities performed infinal preparartion phase ?

Answer :

This activity involves- Master data upload for objects like customer masters including partner function assignment, customer material info, pricing, outputs and credit masters.

Question 9 :

How to create a Purchase Order to a vendor who got best rating in Price comparision session (me49). I wish to create PO from this session directly, explain how can it be created?

Answer :

Vendor rating has to be done for new purchase order everytime. PO can be generated by using transaction ME21N. This PO has to be released after creation

The other way is to assign that item to the vendor and maintain info records and update it by using ME11. This can also be done manualy.

This is not possible. Price comaprison session only gives you the idea which supplier has given the best price for a particular have to raise the po ME21N transaction only.

The vendor who has got best price will have a unique quotation number. USe ME21N transaction and create PO with respect RFQ from Overview tab .

Question 10 :

What is the complete flow of the profit center accounting,and Internal orders in controlling

Answer :

Profit Centre Accounting:The following data can be passed on in Profit Center Accounting

* Costs (assessment and/or distribution)
* Revenue and sales deductions (assessment and/or distribution)
* Balance sheet items (distribution)

For this purpose, it is necessary to define cycles containing rules for finding sender-receiver relationships.

Related Activities in Controlling

* Definition of actual assessment cycles
* Definition of plan assessment cycles
* Definition of actual distribution cycles
* Definition of plan distribution cycles

Internal Orders
Internal orders are normally used to plan, collect, and settle the costs of internal jobs and tasks. The SAP system enables you to monitor your internal orders throughout their entire life-cycle; from initial creation, through the planning and posting of all the actual costs, to the final settlement and archiving:
* You can use master data to assign certain characteristics to your internal orders, which enables you to control which business transactions can be used with the internal order.

* Internal order planning enables you to roughly estimate the costs of a job before the order starts and to make an exact calculation at a later date. You can choose between various planning approaches to compare the effectiveness of different methods. * You can assign and manage budgets for internal orders.

* You apply the actual costs incurred by a job to your internal orders using actual postings. In Financial Accounting, you can assign primary cost postings (such as the procurement of external activities and external deliveries) directly to internal orders.

* In period-end closing you can use various different allocation methods (for example, overhead costing) to allocate costs between different areas of Cost Accounting.
Order settlement enables you to transfer the costs incurred by an order to the appropriate receivers.

* The information system for internal orders enables you to track planned and assigned costs on your orders in each stage of the order life-cycle.

* You can archive internal orders that you no longer require.