Capgemini Process Leader Interview Questions, Process, and Tips

Q1. What are accruals in finance ?
Ans. 
Accruals are expenses incurred but not yet paid or revenue earned but not yet received.
• Accruals are a type of accounting adjustment that records expenses or revenues that have been incurred but not yet paid or received.

• They are used to ensure that financial statements accurately reflect the financial position of a company.

• Examples of accruals include salaries owed to employees at the end of a pay period, but not yet pa...read more
Answered by AI
Add your answer
Q2. Accruals are nothing but adjustment entries to match the expenses with revenue in a specific period
Add your answer

General accounts and basic accounting

Q1. General about and about the interview
Add your answer

Q1. Complete process of collection and account receivable
Ans. 
The process of collection and account receivable involves tracking and collecting payments from customers.
• Invoicing customers for goods or services provided

• Tracking payments received and outstanding balances

• Following up with customers on overdue payments

• Recording payments in accounting software

• Reconciling accounts receivable with general ledger

• Preparing aging reports to monitor overdue payments

• Working with collections ...read more
Answered by AI
Add your answer

Q1. Latest payslip, notice period, date of joining
Add your answer