SAP FSCM Interview Questions
Welcome! And thank you for finding our SAP Financial Supply Chain Management (FSCM) Questions & Answers Blog. Here, you will find everything necessary for an interview in this specialization area of SAP.
It can be define as facilitates and enhances the entire financial value chain, from sourcing and contracting to compensation and analysis of results. Cash flow and working capital are boosted by companies in a direct way.
At its core, SAP FSCM is an advanced financial strategic cost management process.
Our collection of questions for both novices and experts to FSCM covers an expansive array of subject’s credit management to cash/liquidity management to dispute resolution.
It can be provide like improved visibility and controlling of account by allowing the customer related financial functions.
1. What is the purpose of the customer master data in SAP FSCM (Financial Supply Chain Management)?
The customer master data in SAP FSCM is used for managing and organizing customer information in the financial supply chain management system.
2. How is the customer master data created in SAP FSCM?
The customer master data is created at two levels centrally within a file and at the company code level.
3.What additional information does the company code provide in SAP FSCM?
The company code provides additional information such as managers’ payment transactions and respondents.
4. How does the structure of the customer market in SAP FSCM facilitate easy access to customer information across different countries?
The structure allows for the creation of one customer with general data, which can be extended to different company codes in different countries.
5. What are some examples of additional data included in the customer master data in SAP FSCM?
Additional data includes sales area information, invoice summary, and sales organization data.
6. How does the communication system in SAP FSCM integrate with a third-party system called Protect What Tax?
The communication system, including the DRC (Distribution Resource Center) vertex, is used to interface the SAP financial supply chain management system with Protect What Tax.
7. Why does the SAP financial supply chain management system use tax codes to calculate profits?
The tax codes are used to calculate profits with taxes, as the unique tax systems in the US are based on the jurisdiction code.
8. What are the benefits of the customer master data structure in SAP FSCM?
The structure allows for easy access to customer information across different countries and industries, enabling better organization and tracking of customer purchases and payments.
SAP FSC Training
The presentation covers business scenarios, code calculations, limits, formulas, and calculations
10. Where should users check before proceeding with configuration parts?
Users should check in SAP financial supply chain management Netweaver.
11. What is the purpose of the sap from Business Partner application?
The purpose of the sap from Business Partner application is to streamline the process of creating and managing business partners.
12. What is involved in creating an account in SAP financial supply chain management?
When creating an account, it creates a corresponding business partner or integrated business partner.
13. What settings are necessary for bidirectional communication between the customer and business partner?
The settings for the business portal category for the direction of the VP customer are necessary to enable bidirectional customer-business partner business-to-customer communication.
14. What is the role of a business partner in the FSCM module?
A business partner can have different roles, such as collection management, dispute management, credit management, or risk management.
15. How is the integration between the customer and business partner established?
The integration between the customer of SAP financial supply chain management and business partners is established through the VP role category for customer integration.
16. What are the steps involved in setting up a business partner?
The steps involved in setting up a business partner include defining roles, integrating with other modules, and ensuring that the business partner is well-versed in the software.
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17. What is involved in creating a system with the same customer numbers as the business partners?
Creating a system with the same customer numbers as the business partners can be created in different modules.
18. What is the need of customers’ buying goods?
The need to ensure that customers only buy goods from businesses within their SME credit limit.
19. What happens if the dispute is not justified?
If the dispute is not justified, the dispute amount is decided by talking to the manager and appropriate manager.20. What happens if the customer is disappeared or untraceable?
If the customer is disappeared or untraceable, charges may be charged from business to business.
21. What is the purpose of the SAP FSCM dispute municipal test cases?
The purpose is to involve the creation and handling of incoming payment processes.
22. What is the role of the dispute management coordinator?
The dispute management coordinator coordinates with the processor, who processes the dispute case, and the person responsible for resolving the case.
23. What attributes can lead to dispute cases?
Attributes such as status profile and function profile can lead to dispute cases.
24. How does the dispute management system ensure efficient resolution?
The system allows the dispute management coordinator to manage the case, ensuring that the text entered by departments is not too visible to the customer.
Overall, The SAP FSCM Interview Questions and Answers Blog offers invaluable knowledge regarding its core ideas, features and recommendations for use of SAP FSCM.
This blog provides readers with thorough, well-explained solutions to common SAP FSCM interview questions, equipping them to pass their interviews successfully.
This blog can provide invaluable advice, whether you are job seeking and honing interview skills or are working as an SAP FSCM professional looking to learn more.
Explore and deepen your understanding by reading this blog. I wish your interview preparation goes well.
Thank you!!!
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