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The journal entry for the process of invoice generated involves debiting accounts receivable and crediting revenue.
Debit accounts receivable to increase the amount owed by customers
Credit revenue to recognize the income earned from the sale
Example: Debit Accounts Receivable $1,000, Credit Sales Revenue $1,000
The journal entry for invoice generation involves debiting accounts receivable and crediting revenue.
Debit accounts receivable to increase the amount owed by customers
Credit revenue to recognize the income earned from the sale
Example: Debit Accounts Receivable $1,000, Credit Sales Revenue $1,000
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I applied via LinkedIn and was interviewed in Jul 2022. There was 1 interview round.
posted on 9 Sep 2020
I applied via Campus Placement and was interviewed in Aug 2020. There were 3 interview rounds.
TDS stands for Tax Deducted at Source.
TDS is a tax collected by the government at the source of income.
It is deducted from the income of the recipient before the payment is made.
The deducted amount is then deposited with the government.
TDS is applicable to various types of income such as salary, interest, rent, etc.
The rate of TDS varies depending on the type of income and the amount.
TDS can be claimed as a credit whil
posted on 24 May 2015
My strengths include analytical skills, attention to detail, and ability to work under pressure.
Strong analytical skills, able to interpret complex financial data
Attention to detail, ensuring accuracy in financial reports
Ability to work under pressure, meeting tight deadlines
Excellent communication skills, able to present financial information to non-financial stakeholders
Proficient in financial modeling and forecastin...
posted on 24 May 2015
I chose Finance as my specialisation because of my interest in financial markets and my desire to help individuals and businesses make informed financial decisions.
I have always been fascinated by the world of finance and the impact it has on our daily lives.
I enjoy analyzing financial data and using it to make informed decisions.
I want to help individuals and businesses make sound financial decisions that will benefit...
My favorite subjects in Finance are Corporate Finance, Investment Analysis, and Financial Markets.
Corporate Finance: analyzing financial decisions of corporations
Investment Analysis: evaluating investment opportunities
Financial Markets: studying the behavior of financial markets
I applied via Naukri.com and was interviewed in Jan 2022. There were 2 interview rounds.
I applied via Approached by Company and was interviewed before Mar 2022. There were 4 interview rounds.
I applied via Naukri.com and was interviewed before Jul 2020. There were 3 interview rounds.
I applied via Naukri.com and was interviewed in Feb 2024. There was 1 interview round.
The T code for Vendor Invoice processing is FB60 in SAP.
T code FB60 is used in SAP for Vendor Invoice processing.
FB60 allows users to create, change, display, and post vendor invoices.
Users can also perform other functions related to vendor invoices using T code FB60.
Example: To process a vendor invoice, enter T code FB60 in the SAP command field.
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Schneider Electric
Emerson Electric Co.
Honeywell International India