7 questions

[Former Member]

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1. what is Transaction Key? Where we will use?

2.when payment to vendor what entry system will pass?

3. what is organization structure of your clint ?

4.i have only 1 payment term, can i do for both vendor and customer?

5. after run app, i should give information to bank, how can i send? is this question right or wrong? interviewer asked me?

6.what is credit memo? what is debit memo? tell me the procedure in sap?

7.what is run date?

[Former Member]

Hi Srinivasulu,

1. what is Transaction Key? Where we will use?

A) The key is a key to differentiate account determination by business transaction. For ex: we must differentiate gl a/c posted by GR transaction and posted by invoice transaction.

2.when payment to vendor what entry system will pass?

A) Normally, when u make payment to vendor the following entry should be generate by systems

Vendor (Recon A/c) A/c Dr.

To Outgoing cheque cl. A/c

When this cheque will be cleared then again one more entry passed

Outgoing cheque cl A/c Dr.

Main bank A/c

3. what is organization structure of your clint ?

A) Client>Operating concern>Controlling area>Co.code>business area-->Cost centers etc.,

4.i have only 1 payment term, can i do for both vendor and customer?

A) Yes, you can use 1 pay term for both customer & vendor

5. after run app, i should give information to bank, how can i send? is this question right or wrong? interviewer asked me?

A) What information give to bankers first you have to know, question is not clear

6.what is credit memo? what is debit memo? tell me the procedure in sap?

A)Dr Note: if purchaser raises a memo it is debit memo. He debits the Vendor as he returned the material. Ex: Commission on sales to customer, Purchases returns etc.,

Vendor A/c dr

To Prices diff A/c or Material diff A/c

Cr. Note: if seller raises a memo, It is a credit memo. He gives credit to the buyer for returning the material. Ex: Sales returns, Additional discounts etc.,

Prices diff A/c or Material diff A/c dr

To Customer A/c

7.what is run date?

A) Rund date is when the programe is executed and it differentiates between the programe date and run date.

If useful pl assing points

thanks

Para

[Former Member]

hi masters

can i have treasry management notes

thanqu

prasanthi

[Former Member]

Hi pvk

all the answer are correct

keep it up

[Former Member]

thaks.

and, i need some realtime typical issues and answers for that

pls get me

Thanks & Regards

Srinu

[Former Member]

thaks.

pls give me,

and, i need some realtime typical issues and answers for that

pls get me

Thanks & Regards

Srinu

[former_member192897]

1. Transaction key is a command way to execute any application.

2. When a payment is made to the vedor

Vendor account will be Debited.

Bank Account will be Credited.

3. U can start with Company codes, BA, FA, CCA, etc.

4. U can use oncce payment term for both the vendor & Customer.

5. Its absolutely wrong.

6. If the invoicing price/qty is to high comparing with po. Credit memo will be used.

Supposed purchasing department had ordered some x matl for 100 nos. & recd a Invoice for 150 Nos. In this case Credit memo will be used.

Similarly a Debit note is used by the client

For eg. Purchase Returns.

Supposed purchasing department had ordered some x matl for 100 nos. & recd 100 nos in which 50 matl are damaged. In this case Debit memo will be used.

7. I am not familiar with Run date. However i will try to update u.

Reward is useful.