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Accenture Transaction Processing Associate Interview Questions, Process, and Tips

Updated 30 Dec 2024

Top Accenture Transaction Processing Associate Interview Questions and Answers

  • Q1. How much money your father needs to buy food for your family?
  • Q2. What key points you have noticed at the time of invoice processing?
  • Q3. What is the Roles and responsibilities of Transaction Monitoring Analyst
View all 29 questions

Accenture Transaction Processing Associate Interview Experiences

57 interviews found

Interview experience
4
Good
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Explain the process for OTC
  • Ans. 

    OTC stands for Over-the-Counter, referring to the process of trading financial instruments directly between two parties without the need for a centralized exchange.

    • OTC transactions are conducted directly between buyers and sellers, without the need for a centralized exchange.

    • OTC markets are decentralized and allow for more flexibility in terms of pricing and negotiation.

    • Common examples of OTC instruments include stocks...

  • Answered by AI
  • Q2. Explain the process for P2P
  • Ans. 

    P2P (Procure-to-Pay) is the process of obtaining and paying for goods and services from suppliers.

    • The process starts with identifying the need for a product or service.

    • Next, a purchase order is created and sent to the supplier.

    • Upon receiving the goods or services, an invoice is generated by the supplier.

    • The invoice is matched with the purchase order and goods receipt.

    • Finally, payment is made to the supplier.

    • Example: Co...

  • Answered by AI

Skills evaluated in this interview

Interview experience
3
Average
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Naukri.com and was interviewed in Aug 2024. There was 1 interview round.

Round 1 - HR 

(2 Questions)

  • Q1. Tell me about yourself?
  • Ans. 

    I am a detail-oriented individual with strong analytical skills and a background in transaction processing.

    • I have a Bachelor's degree in Finance and experience working in a financial institution.

    • I am proficient in using various software and tools for transaction processing.

    • I have a keen eye for accuracy and can work efficiently under pressure.

    • I am a team player and can communicate effectively with colleagues and client

  • Answered by AI
  • Q2. What is business process outsourcing?
  • Ans. 

    Business process outsourcing is when a company contracts out specific business tasks to a third-party provider.

    • Companies outsource tasks like customer service, payroll processing, and IT services to save costs and improve efficiency.

    • Outsourcing can be done domestically or internationally, depending on the company's needs and budget.

    • Popular outsourcing destinations include India, the Philippines, and Eastern Europe.

    • Outs...

  • Answered by AI

Transaction Processing Associate Interview Questions Asked at Other Companies

asked in Accenture
Q1. How much money your father needs to buy food for your family?
asked in Accenture
Q2. What key points you have noticed at the time of invoice processin ... read more
asked in Conduent
Q3. What is the difference between credit card and debit card
asked in Accenture
Q4. What is the Roles and responsibilities of Transaction Monitoring ... read more
asked in Genpact
Q5. What is Insurance and claims? What are their types?
Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - One-on-one 

(2 Questions)

  • Q1. Introduction about yourself
  • Ans. 

    I am a detail-oriented individual with a background in finance and a strong interest in transaction processing.

    • I have a Bachelor's degree in Finance from XYZ University.

    • I have previous experience working as a financial analyst at ABC Company.

    • I am proficient in using Excel for data analysis and have strong attention to detail.

    • I am a quick learner and have excellent problem-solving skills.

    • I am excited about the opportuni

  • Answered by AI
  • Q2. Education background

Interview Preparation Tips

Interview preparation tips for other job seekers - Fluent in English in interview
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. What is insurance ?
  • Ans. 

    Insurance is a financial product that provides protection against potential financial losses.

    • Insurance is a contract between an individual or organization and an insurance company.

    • The individual or organization pays a premium in exchange for coverage against specific risks.

    • Common types of insurance include health insurance, auto insurance, life insurance, and property insurance.

    • Insurance helps individuals and organizat...

  • Answered by AI
  • Q2. Self Introduction

Accenture interview questions for designations

 Transaction Processing Executive

 (2)

 Transaction Processing new Associate

 (9)

 Transaction Processing Analyst

 (10)

 Senior Transaction Processing Associate

 (1)

 Transaction Processing Representative

 (5)

 Transaction Processing Officer

 (1)

 Transaction Associate

 (1)

 New Transaction Associate

 (1)

Interview experience
3
Average
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(1 Question)

  • Q1. Why do you want to join the company?
  • Ans. 

    I am impressed by the company's reputation for innovation and commitment to excellence.

    • I admire the company's track record of success in the industry.

    • I am excited about the opportunity to contribute to a dynamic and forward-thinking team.

    • I believe the company's values align with my own professional goals and aspirations.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - No

Get interview-ready with Top Accenture Interview Questions

Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
More than 8 weeks
Result
No response

I applied via Newspaper Ad and was interviewed in Jul 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Keep your resume crisp and to the point. A recruiter looks at your resume for an average of 6 seconds, make sure to leave the best impression.
View all tips
Round 2 - Screening 

(4 Questions)

  • Q1. Do you have energy to come to office?
  • Ans. 

    Yes, I have the energy to come to the office.

    • I am highly motivated and enthusiastic about my work.

    • I prioritize self-care and maintain a healthy lifestyle to ensure I have the energy to perform my job effectively.

    • I am punctual and reliable, ensuring I arrive at the office on time and ready to work.

    • I actively engage in activities that boost my energy levels, such as exercise and proper nutrition.

    • I have a positive mindset...

  • Answered by AI
  • Q2. How can you wake up on the same time on weekdays?
  • Ans. 

    To wake up at the same time on weekdays, establish a consistent sleep schedule, create a bedtime routine, avoid stimulants before bed, and use an alarm clock.

    • Set a consistent sleep schedule by going to bed and waking up at the same time every day

    • Create a bedtime routine to signal your body that it's time to sleep

    • Avoid stimulants like caffeine and electronics before bed

    • Use an alarm clock or a wake-up light to ensure you

  • Answered by AI
  • Q3. Will be able to manage to tie your shoes?
  • Ans. 

    Yes

    • Yes, I am able to manage tying my shoes.

    • I have been tying my shoes since childhood and it is a basic skill I possess.

    • I can tie different types of knots, such as the standard bow knot or a double knot.

    • I am comfortable tying shoes with different types of laces, including round, flat, or elastic laces.

  • Answered by AI
  • Q4. How many hairs you have on your head?
  • Ans. 

    The number of hairs on a person's head varies, but on average, it is around 100,000.

    • The number of hairs on a person's head can vary depending on factors such as genetics, age, and health.

    • On average, adults have around 100,000 hairs on their head.

    • Hair loss is a common issue that can affect the number of hairs on the head.

    • Hair color and texture can also impact the appearance of hair density.

  • Answered by AI
Round 3 - HR 

(4 Questions)

  • Q1. How much money you need?
  • Ans. 

    The amount of money I need depends on my financial goals and expenses.

    • The amount of money I need will vary based on my short-term and long-term financial goals.

    • I will also consider my monthly expenses, such as rent, bills, and groceries.

    • Additionally, I will factor in any outstanding debts or loans that need to be paid off.

    • I may also consider saving for emergencies or unexpected expenses.

    • It is important to have a clear ...

  • Answered by AI
  • Q2. How much money you need to buy food?
  • Ans. 

    The amount of money needed to buy food varies depending on various factors.

    • The cost of food depends on the type of food, location, and personal dietary preferences.

    • Factors such as inflation, seasonality, and availability of certain ingredients can also affect the cost.

    • Individuals with dietary restrictions or special dietary needs may require more money to buy specific food items.

    • The number of people to be fed and the f...

  • Answered by AI
  • Q3. How much money your father needs to buy food for your family?
  • Ans. 

    This question is inappropriate and irrelevant to the job role.

    • The question is unrelated to the job of a Transaction Processing Associate.

    • It is not appropriate to ask personal financial information in an interview.

    • The focus should be on the candidate's skills and qualifications for the role.

  • Answered by AI
  • Q4. How much money your forefathers needed to buy food for their family?
  • Ans. 

    The amount of money needed by my forefathers to buy food for their family is not available.

    • Data on the amount of money needed by my forefathers to buy food is not known.

    • Unfortunately, I don't have any information regarding the financial situation of my forefathers.

    • I cannot provide an answer as the specific details about my forefathers' expenses are not known.

  • Answered by AI

Interview Preparation Tips

Topics to prepare for Accenture Transaction Processing Associate interview:
  • Grave uprooter
  • Kill by hope
Interview preparation tips for other job seekers - First, know who my forefathers are. The same respect I need.
Interview experience
4
Good
Difficulty level
Moderate
Process Duration
Less than 2 weeks
Result
Not Selected

I applied via Referral and was interviewed in May 2023. There were 3 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Don’t add your photo or details such as gender, age, and address in your resume. These details do not add any value.
View all tips
Round 2 - HR 

(3 Questions)

  • Q1. Describe yourself, future plans
  • Q2. Golden rules of accounting ?
  • Ans. 

    The golden rules of accounting are basic principles that guide the process of recording financial transactions.

    • Debit what comes in, credit what goes out

    • Debit the receiver, credit the giver

    • Debit expenses and losses, credit income and gains

  • Answered by AI
  • Q3. Question about journal posting of item bought on credit with 10% discount
Round 3 - Technical 

(3 Questions)

  • Q1. Journal entry questions
  • Q2. What do you know about the company
  • Q3. Who is the financial minister, New tax regimes
  • Ans. 

    The current Finance Minister of India is Nirmala Sitharaman who introduced new tax regimes in the Union Budget 2020.

    • Nirmala Sitharaman is the Finance Minister of India.

    • She introduced new tax regimes in the Union Budget 2020.

    • The new tax regimes include optional tax slabs with reduced rates for individuals and HUFs.

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepared on basic accounting knowledge and some current affairs relating to finance
Interview experience
5
Excellent
Difficulty level
Easy
Process Duration
Less than 2 weeks
Result
Selected Selected

I applied via Recruitment Consulltant and was interviewed in Sep 2023. There was 1 interview round.

Round 1 - One-on-one 

(2 Questions)

  • Q1. Walk me thru your cv that's all.
  • Ans. 

    I have a strong background in transaction processing and data entry.

    • Worked as a Transaction Processing Associate at XYZ Company for 2 years

    • Proficient in using various software for data entry and processing

    • Managed large volumes of transactions accurately and efficiently

  • Answered by AI
  • Q2. Previous work experience
Interview experience
5
Excellent
Difficulty level
-
Process Duration
-
Result
-
Round 1 - HR 

(2 Questions)

  • Q1. Tell me about you self
  • Q2. What you except this company
Interview experience
5
Excellent
Difficulty level
Moderate
Process Duration
2-4 weeks
Result
Selected Selected

I applied via Referral and was interviewed in Apr 2023. There were 2 interview rounds.

Round 1 - Resume Shortlist 
Pro Tip by AmbitionBox:
Properly align and format text in your resume. A recruiter will have to spend more time reading poorly aligned text, leading to high chances of rejection.
View all tips
Round 2 - Technical 

(2 Questions)

  • Q1. What is net profit? What is gross profit? What is deprication?
  • Ans. 

    Net profit is the profit after all expenses are deducted. Gross profit is the profit before expenses are deducted. Depreciation is the decrease in value of an asset over time.

    • Net profit is calculated by subtracting all expenses from total revenue.

    • Gross profit is calculated by subtracting the cost of goods sold from total revenue.

    • Depreciation is a non-cash expense that reflects the decrease in value of an asset over tim...

  • Answered by AI
  • Q2. What is amortization?
  • Ans. 

    Amortization is the process of spreading out a loan or debt over a period of time with regular payments.

    • It is a method of paying off a debt over a fixed period of time

    • It involves making regular payments that include both principal and interest

    • The payments are calculated based on the loan amount, interest rate, and repayment period

    • Examples include mortgage loans, car loans, and student loans

  • Answered by AI

Interview Preparation Tips

Interview preparation tips for other job seekers - Be prepare

Accenture Interview FAQs

How many rounds are there in Accenture Transaction Processing Associate interview?
Accenture interview process usually has 2-3 rounds. The most common rounds in the Accenture interview process are HR, One-on-one Round and Resume Shortlist.
How to prepare for Accenture Transaction Processing Associate interview?
Go through your CV in detail and study all the technologies mentioned in your CV. Prepare at least two technologies or languages in depth if you are appearing for a technical interview at Accenture. The most common topics and skills that interviewers at Accenture expect are Transaction Processing, Accounting, Procurement, Operations and Billing.
What are the top questions asked in Accenture Transaction Processing Associate interview?

Some of the top questions asked at the Accenture Transaction Processing Associate interview -

  1. How much money your father needs to buy food for your fami...read more
  2. What key points you have noticed at the time of invoice processi...read more
  3. What is the Roles and responsibilities of Transaction Monitoring Anal...read more
How long is the Accenture Transaction Processing Associate interview process?

The duration of Accenture Transaction Processing Associate interview process can vary, but typically it takes about less than 2 weeks to complete.

Tell us how to improve this page.

Accenture Transaction Processing Associate Interview Process

based on 12 interviews in last 1 year

2 Interview rounds

  • HR Round
  • One-on-one Round
View more

People are getting interviews through

based on 37 Accenture interviews
Job Portal
Company Website
Referral
WalkIn
Recruitment Consultant
41%
22%
11%
8%
5%
13% candidates got the interview through other sources.
High Confidence
?
High Confidence means the data is based on a large number of responses received from the candidates.

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Accenture Transaction Processing Associate Salary
based on 10.6k salaries
₹1 L/yr - ₹8.3 L/yr
5% more than the average Transaction Processing Associate Salary in India
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Accenture Transaction Processing Associate Reviews and Ratings

based on 1.2k reviews

4.0/5

Rating in categories

3.9

Skill development

3.8

Work-Life balance

3.4

Salary & Benefits

4.1

Job Security

4.1

Company culture

3.3

Promotions/Appraisal

3.7

Work Satisfaction

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