SAP PS Consultant Quick Questions And Answers #3

Q-1 You can maintain the planned costs for the general costs activity (primary costs) in the following ways :

As the overall value for a cost element
Using the invoicing plan
Using unit costing
Q-2 Material components for the activity are differentiated, by means of item categories, as follows :
Stock material, item category L
Non-stock material, item category N
Q-3 In SAP PS, Prices are calculated in one of the following ways :
Using the strategy in the valuation variant
Manually, using the invoicing plan
Using unit costing
Q-4 With Distribution Key :
If you have maintained distribution keys in both the activity and the work center, the planned work is distributed to the periods per the distribution key in the activity.
If you have not maintained any distribution keys, the planned work is distributed evenly to all periods.
Q-5 You use Distribution Key :
Overhead is calculated on the basis of the distribution of planned work or costs by period.
In the case of general costs activities, the planned costs are distributed in the activity by period, using the distribution key.
Q-6 When you save the invoicing plan :
The system automatically assigns it a unique number.
In the network costing, the system determines the planned costs from the invoicing plan and updates them in the activity, by period.
Planned payments out are not recorded. If you want outgoing payments recorded, carry out an asynchronous network costing.
Q-7 You can use the asynchronous network costing to :
Update the network costing
Reproduce plan payment data in Project Cash Management
Have the system value configurable materials per the configuration settings entered
Refresh the purchase info record data for goods and services procured externally
Q-8 If you want to use the network costing then Prerequisite is :
The network must be activity assigned.
Project Cash Management must be active, so that the system can determine and update the payment data.
To have the system value the configurable materials in line with configuration, you must maintain an appropriate costing variant for the network.
Q-9 IF you want to copy the project cost date , method may be :
The system copies the plan data from the template to the plan version.
You can evaluate the plan version in reporting and compare it with other plan versions.
Q-10 which types of values are recorded in the WBS element :
Value of the quotation/sales order
Revenue plan
Payment plan
Q-11 You can settle an order for a project, The case May be :
Case 1: To the WBS element to which it is assigned
Case 2: To a different WBS element or to a different order
Case 3: To a different receiver (such as a cost center, asset, or profitability segment)
Q-12 You set the deletion flag in an order for the project, the system shows data from the order in the higher-level WBS element:
Planned costs, if the order is appended
Actual costs
Actual payments
Q-13 The system determines the costs to complete (Cost Forecast) for Internal activity as follows:
The planned start date is later than the key date in the cost forecast
The system recalculates the planned costs in the activity and records them as costs to complete in the forecast version.
The estimated costs at completion are the same as the costs to complete.
The planned start and finish dates are earlier than the key date in the cost forecast.
Q-14 The budgeting function helps you enter your budgeting data, but has limitations in the following areas :
Availability control and distributed value check within a project hierarchy
Budget carryforward to the following fiscal year
Q-15 For each project profile or order type, you specify in the budget profile in which currency the budget is to be entered ;
Budgeting in the controlling area currency
Budgeting in the object currency
Budgeting in any currency required
Q-16 You set a global controlling area, and want to monitor the budgets for all international subsidiaries.
Your project managers run their national projects in the currency of that country. You should select option as follows:
Use the object currency for budgeting
Define the object currencies of all WBS elements for a project depending on each national currency.
Assign the budget to the projects in their corresponding country currency.
Your project managers can distribute the budget in the country currency within the project hierarchies


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