S4HANA Interview questions - Set 1

Interview questions for S4HANA consultants

1.      What is S4/HANA?

2.      What are the benefits of S4/HANA?

3.      What is Central Finance?

4.      What is Leading, Non-Leading and Appendix Ledger?

5.      What is the difference between Simple Finance and Simple Finance add on?

6.      What are the high-level pre-requisites of Migration?

7.      What are the steps to Migration from Classic GL and New GL to S4/HANA?

8.      What is Universal Journal?

9.      List few key tables removed and new table introduced as a part of S4/HANA?

10.  What is Data Aging?

11.      What is cold memory and hot memory? How data is stored in cold memory?

12.      Please list out 7-8 financial processes released for Simple Finance?

13.      Explain key changes in S4 HANA 1511?

14.      What is Business Partner functionality?

15.      What is Customer – Vendor Integration (CVI)?

16.      What are the limitations in S4HANA 1511?

17.      How the existing customizations will be impacted after upgrading to S4HANA?

18.      What will happen to CO business processes after migrating to S4HANA 1511?

19.      What changes are needed in Chart of Accounts before we migrate to S4HANA 1511?

20.  How Cost Elements and default account assignments will be managed in S4HANA?

21.  What are SAP Industry solutions?

More to come