Sap Co Interview Questions And Answers

Sap Co Interview Questions list for experienced

  1. What is SAP CO?
  2. How to Create a New Cost Center ?
  3. Why A Cost Center is Required?
  4. How to Post To Cost Center ?
  5. What is Internal Order in SAP ?
  6. Why Internal Order is Required?
  7. How to create Internal Order?
  8. How to do Settlement Of Internal Orders to Cost Centers?
  9. Define Profit Centre in SAP CO?
  10. Why A Profit Center is Required?
  11. How to Create Profit Center?
  12. What is Profit Center Planning?
  13. How to do Posting to Profit center in SAP ?
  14. How to create Profit Center using Standard Hierarchy ?
  15. How to assign Cost Centers to Profit Center ?
  16. How to assign materials to profit center in SAP ?
  17. Table for Customizing for Profit Center Accounting?
  18. Table for Overhead Orders?
  19. Table for Cost Element Accounting (Reconciliation Ledger)?
  20. Table for Overhead Cost Controlling?
  21. Explain Cost center?
  22. Explain Internal Order?
  23. Explain Profit center?

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Top Sap Co interview questions and answers for freshers and experienced

What is Sap Co ?

Answer : The Cost Accounting (CO) module of SAP provides information to managers & decision makers to understand where the company\'s money is being spent. It not restricted by any legal requirements as in case of FI & is essentially an internal cost accounting tool.

Questions : 1 :: What is SAP CO?

SAP CO Module is another important SAP modules offered to enterprises. The controlling module supports in the process works of planning, reporting and monitoring operations of businesses. It involves...View answers

Questions : 2 :: How to Create a New Cost Center ?

To create a Cost Center , Enter KS01 into SAP transaction code box.   Enter the new cost center number. Enter the validity dates of the new cost center.   Optional - In the...View answers

Questions : 3 :: Why A Cost Center is Required?


It is the location where the costs are incurred.It can be setup based on areas of responsibility, functional requirements, allocation criteria, geographical locations or activities or services...View answers

Questions : 4 :: How to Post To Cost Center ?

Enter Transaction Code FB50 in the SAP Command Field   In the next screen , Enter the Following Enter the Document date Enter the Company code Enter G/L Account for the Debit Entry which is...View answers

Questions : 5 :: What is Internal Order in SAP ?

Internal orders  describe individual jobs within a controlling area. Orders support action-oriented planning, monitoring, and allocation of costs.

Questions : 6 :: Why Internal Order is Required?


Monitor internal jobs settled to cost centers (overhead orders)   Monitor internal jobs settled to fixed assets (investment orders)   Offsetting postings of accrued costs calculated in...View answers

Questions : 7 :: How to create Internal Order?

Enter Transaction code KO04 (Order Manager) in the SAP Command Field In the next screen ,Press 'Create' button in the application toolbar to create a new internal order.   In the next...View answers

Questions : 8 :: How to do Settlement Of Internal Orders to Cost Centers?

Enter Transaction Code KO02 in the SAP Command Field. In the next screen , Enter the Internal Order for which settlement is to be done. In the next screen , Select the Settlement Rule Button from...View answers

Questions : 9 :: Define Profit Centre in SAP CO?


A profit center is an organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control. You can analyze operating results for...View answers

Questions : 10 :: Why A Profit Center is Required?

The Primary objective of  Profit Center is to represent an independent organizational subunit that operates practically independently in the market, bears responsibility for it's own costs and...View answers

Questions : 11 :: How to Create Profit Center?

Enter Transaction code KE51 in the SAP Command Field   In the next screen , Enter the controlling area in which the Profit Center is to be created   In the next screen, Enter a unique...View answers

Questions : 12 :: What is Profit Center Planning?

Planning Process is not a one-time activity, but rather an iterative process, which is usually performed in several steps.Profit center planning is an integral part of your overall company planning....View answers

Questions : 13 :: How to do Posting to Profit center in SAP ?

Enter Transaction code FB50 in the SAP Command Field.   In the next screen , Enter the following header data Enter Document Date Enter Company code Enter the Following Line Item...View answers

Questions : 14 :: How to create Profit Center using Standard Hierarchy ?

Standard hierarchy is a tree structure for grouping all profit centers which belong to a controlling area. When creating a profit center, you must assign it to a group (node) of the standard...View answers

Questions : 15 :: How to assign Cost Centers to Profit Center ?

Enter Transaction Code SPRO in the SAP Command Field In the next screen, Select 'SAP Reference IMG.   In the next screen , 'Display IMG' Follow the menu path Controlling->Profit Center...View answers

Questions : 16 :: How to assign materials to profit center in SAP ?

Enter Transaction Code SPRO in the SAP Command Field. In the next screen , 'DISPLAY IMG' follow the menu path Controlling -> Profit Center Accounting -> Assignments of Account Assignment...View answers

Questions : 17 :: Table for Customizing for Profit Center Accounting?

A141                      Dependent on Material and Receive profit center A142                  ...View answers

Questions : 18 :: Table for Overhead Orders?

Cost Accounting Orders AUFK             Order Master Data AUFLAY0    Enttity Table: Order Layouts Profit Center Accounting CEPC        ...View answers

Questions : 19 :: Table for Cost Element Accounting (Reconciliation Ledger)?

COFI01      Object Table for Reconciliation COFI02      Transaction Dependent Fields COFIP         Single Plan Items for Reconciliation COFIS...View answers

Questions : 20 :: Table for Overhead Cost Controlling?

Overhead Cost Controlling: General Services CSKA          Cost Elements CSKB          Cost Elements CSKS          Cost...View answers

Questions : 21 :: Explain Cost center?

Cost Centers are the organizational units within a controlling area that represents a location where costs occur. Organizational divisions can be done on the basis of functional,...View answers

Questions : 22 :: Explain Internal Order?

An internal order is used to accumulate cost for a specific project or task for a specific time period. An internal order is therefore used for a short period with a specific...View answers

Questions : 23 :: Explain Profit center?

Profit center is an organizational unit in accounting that reflects a management-oriented structure of the organization for the purpose of internal control. Profit Center Accounting evaluates the...View answers
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