Settlement rules are nothing but settling the account for a cost center. Which WBS are account assigned the cost of corresponding WBS should be settled to the respective cost center assigned for that WBS. Settlement rule is assigned in settlement profile in which you will define (like asset) the rules of settlement.
2) What is Easy Cost Planning?
It is another function for planning costs at WBS elements level. It uses the existing Controlling, purchasing or MM data in the form of costing items. Also you can have predefined costing models to simplify repeated entries.
3) How LSMW and BAPI works?
LSMW is an encapsulated data transfer tool. It can provide the same functionality as BDC in fact much more but when coming to technical perspective most the parameters are encapsulated. To list out some of the differences :
LSMW is basically designed for a fictional consultant who do not do much coding but need to explore the functionality while BDC is designed for a technical consultant.
LSMW offers different technique for migrating data: Direct input ,BAPI, Idoc, Batch input recording. While BDC basically uses recording.
LSMW mapping is done by SAP while in BDC we have to do it explicitly.
LSMW is basically for standard SAP application while BDC basically for customized application.
4) What do you understand by Project?
A project is a system which involves 1. project, subproject, activities & tasks. It will have the good integration with the other modules like MM, Fi/co, & PM modules.
5) What do you mean by valuated stock, non-valuated stock?
In Valuated stock every material in stock is managed on a both a quantity basis and a value basis. The monetary value of each quantity of material is calculated separately. While non-valuated material is maintained as per quantity and not on the basis of its value.
6) How to calculate WIP in PS for all WBS pertaining to that particular project? Any specific T code in ECC 6.0?
KKA2 for calculating result Analysis;
KKAJ - for calculating WIP
7) How can PS be linked to COPA? How will the settlement take place in this case (when PS is linked to Controlling through COPA)?
Settlement will take place via profitability segment. Level 1 WBS should have settlement rule define to be settled to PSG and level 2 WBS should be settled to superior one WBS element. The main one level 1 WBS/ Project will be settled to PSG , and variance will be posted to COPA .
8) My SAP system will be implemented in May 2015, how do I put past cost/hours for a project which has started in January?
Post the cost incurred from Jan-May via JV (From SAP-FI) directly on WBS.
9) Explain the "Process how do we convert business into sap"?
By ASAP Methodology:
It has following 5 phases:
1. As is to be Study Phase: Means study the process of the company which they are using. Or we can say analysis the business process of company.
2. Blueprint phase: In this we have to prepare the flow diagram of the above data which we have collected in first point. Or we can say documentation of the data which we have collected from to be study phase.
3. Realization Phase: Implementing the collected data in SAP system.
4. Final Preparation Phase: In this phase testing has been done on arbitrary data and on actual data. And there are three type of testing is there:
a. Unit Testing: Individual Module Testing.
b. Integration Testing: Whether every module is communicating with each other or not and finally.
c. User Acceptance Test: End User is satisfied by the system or not.
5. Go Live and Post Implementation Support: Live usage of system or in Production.
10) What is Project Management?
Project Management is nothing but a Organizing and planning and scheduling software Project
-Delivered on time
-Software needed
Needs for Project Management is,
-Project Planning
-project Scheduling
-Project Costing
-Monitoring Reviews
-Report Writing and Presentation
Manually it is Documented and Automated it is Microsoft Project Planner(MPP).
11) Explain What is unit costing?
Unit costing is a means of recording all the costs - direct and indirect - associated with the delivery of services. Total cost of service provision divided by the total amount of service provided
12) What is Project planning board?
Project planning board is a tool within PS that allows you to plan the entire project structure, capacity, resources, dates.
13) What is Gantt chart?
It is a graphical representation which helps in Scheduling the Project. It can be referred to as a Dash Board which gives details of the Project in terms Budgeting, Actual Costs, Planned Work and Actual Work, Remaining Work, % of Completion. Project Manager can also use this for restricting the activities in terms of SS,FS,SF conditions date wise.
14) What is relationship in SAP PS?
Relationship basically denotes how activities in a network order are related to each other. They can be classified into 4 categories - SS (Start-Start), SF(Start- Finish), FF (Finish-Finish), FS (Finish - Start). For 2 activities say A and B SS -->> Both A and B start together SF -->> Start of A coincides with finish of B and so on. We can also specify the time gap between which these relationships work. Say in an SS relationship, there can be a 10 minutes gap between start of A and B and so on.
15) What is milestone triggering?
Whenever the confirmation of activities done and if the milestone is attached with that particular activity the millstone triggers the millstone as per the configuration done and it will do the milling through SD module.
