Bosch Accountant Interview Questions and Answers

Q1. What is T code to Vendor Invoice processig
Ans. 
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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Q2. T- code : FB60
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Q1. Basic questions about resume
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My assignment report on Accountant

Q1. 1. Self introduction 2. Domain questions and basics of accounting. 3. Questions on tools currently which you are working or previously worked. 4. Situation based questions. Ex. Intervier can give you scena...read more
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Q1. Similar to the first round but this time more senior person will take your interview may be two person or sometime one person. This I am talking about senior position not for fresher level. Basically seco...read more
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Q1. What is your name
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Q2. What is your work
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Q3. Why are you joined this job
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Q1. What is P2P cycle
Ans. 
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...read more
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Q2. Po non po invoice difference
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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 ...read more
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Q1. Tell me about your current process and your roll?
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Q2. Wha do you know about Intercompany?
Ans. 
Intercompany refers to transactions that occur between two or more entities within the same company or corporate group.
• Intercompany transactions are common in multinational corporations to transfer goods, services, or funds between subsidiaries.

• These transactions must be recorded accurately to ensure proper financial reporting and compliance with tax regulations.

• Intercompany eliminations are necessary to avoid double c...read more
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Q3. What kind of variance do you see while doing Intercompany reconciliation?
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Variances in Intercompany reconciliation can arise due to differences in accounting methods, timing of transactions, currency exchange rates, and intercompany agreements.
• Differences in accounting methods used by different entities within the same company

• Timing discrepancies in recording transactions between intercompany entities

• Currency exchange rate fluctuations affecting the value of intercompany transactions

• Lack of ...read more
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Q4. Wha is purchase and sale JE?
Ans. 
Purchase and sale JE refers to the journal entries made to record the purchase and sale of goods or services in a business.
• Purchase JE records the purchase of goods or services, typically debiting an inventory account and crediting accounts payable.

• Sale JE records the sale of goods or services, typically debiting accounts receivable and crediting sales revenue.

• These journal entries are essential for accurately tracking...read more
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Q5. Is Stock in transit record in BS?
Ans. 
Yes, stock in transit is recorded in the balance sheet.
• Stock in transit is considered as part of inventory and is recorded in the balance sheet under current assets.

• It represents goods that have been shipped but have not yet reached their final destination.

• The value of stock in transit is included in the total inventory value on the balance sheet.
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Q6. Why do you want to change you current company?
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Q7. What type of ERP do you have worked previously?
Ans. 
I have worked with SAP ERP in my previous role as Assistant Manager.
• Implemented SAP ERP system to streamline business processes

• Trained team members on how to use SAP ERP for inventory management

• Generated reports and analyzed data using SAP ERP

• Collaborated with IT department to customize SAP ERP to meet specific business needs
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