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I applied via Referral and was interviewed in Jul 2020. There were 3 interview rounds.
Accounting is the process of recording, classifying, and summarizing financial transactions to provide information that is useful in making business decisions.
Accounting involves recording financial transactions
Transactions are classified into different categories
The information is summarized to provide useful insights
Examples include balance sheets, income statements, and cash flow statements
GST started in India on July 1, 2017.
GST stands for Goods and Services Tax.
It is a comprehensive indirect tax on manufacture, sale, and consumption of goods and services.
It replaced multiple indirect taxes like VAT, excise duty, service tax, etc.
GST has 4 tax slabs - 5%, 12%, 18%, and 28%.
It has simplified the tax structure and made it easier for businesses to comply with tax regulations.
Deferred revenue is income received by a company in advance of earning it, resulting in a liability on the balance sheet.
Deferred revenue represents a liability for the company until the goods or services are delivered.
It is common in subscription-based businesses where customers pay upfront for services to be rendered over time.
Once the revenue is earned, it is recognized on the income statement.
Examples include magaz...
I applied via Walk-in and was interviewed in Sep 2024. There was 1 interview round.
I applied via LinkedIn and was interviewed in Dec 2023. There was 1 interview round.
P2P cycle stands for Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.
P2P cycle starts with the requisition of goods or services by a department within a company.
The purchase order is then created and sent to the vendor for approval.
Upon receiving the goods or services, the invoice is generated and matched with the purchase order and receipt.
Finally, payment is made to the vendo...
PO non-PO invoice difference refers to the distinction between purchase order and non-purchase order invoices.
PO invoices are based on a purchase order issued by the buyer to the seller, while non-PO invoices are not linked to a specific purchase order.
PO invoices are typically pre-approved and have a set budget, while non-PO invoices may require additional approval processes.
PO invoices help track and manage expenses ...
I applied via Recruitment Consulltant and was interviewed in Mar 2022. There were 3 interview rounds.
I applied via Recruitment Consultant and was interviewed in Mar 2021. There were 4 interview rounds.
P2P is Procure-to-Pay, a process of purchasing goods and services and paying for them. Accounts and finance are different but related.
Golden rules of accounts are Real, Personal, Nominal, Debit what comes in, Credit what goes out.
Examples of Real accounts are land, building, machinery. Personal accounts are accounts of individuals, firms, companies. Nominal accounts are accounts of expenses, losses, gains.
An invoice is...
In 5 years, I see myself as a successful Accounts Executive, having gained valuable experience and contributing to the growth of the company.
I plan to continue learning and growing in my role as an Accounts Executive
I hope to have taken on additional responsibilities and contributed to the success of the company
I aim to have built strong relationships with clients and colleagues
A balance sheet is a financial statement ...
I applied via Walk-in and was interviewed before Mar 2022. There were 3 interview rounds.
Basic quantitative apptitude and logical reasoning
posted on 18 Oct 2022
I applied via Recruitment Consulltant and was interviewed before Oct 2021. There were 4 interview rounds.
Project Engineer
573
salaries
| ₹5.4 L/yr - ₹18.3 L/yr |
R&D Engineer
331
salaries
| ₹6.5 L/yr - ₹23 L/yr |
Financial Analyst
262
salaries
| ₹2 L/yr - ₹10 L/yr |
Design Engineer
234
salaries
| ₹0.9 L/yr - ₹9.5 L/yr |
Associate Project Engineer
197
salaries
| ₹5 L/yr - ₹12 L/yr |
Siemens
Schneider Electric
Emerson Electric Co.
Honeywell International India