Fortis Healthcare Senior Accounts Executive Interview Questions and Answers

Q1. Useless question asked by account head Mr. Padmakar Singh
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Q1. Useless questions asked by account head Mr. Padmakar Singh
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Q1. What is revenue reconsilation
Ans. 
Revenue reconciliation is the process of comparing and matching the revenue recorded in the financial statements with the actual revenue earned.
• It involves verifying the accuracy and completeness of revenue transactions.

• It ensures that all revenue is properly recorded and accounted for.

• Revenue reconciliation may involve comparing sales records, invoices, receipts, and bank statements.

• It helps identify any discrepancies...read more
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Asked about current job roles, knowledge about Hospital industry, Assurance taken on expected Job role

Q1. They asked regarding previous experiences
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Q2. General accounting questions
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Q1. What are your key achievements in your current role ?
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Q2. Explain me more about your current job profile ?
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Q1. Is there any process improvements you have done so far? Explain it in details and what were outcome of it?
Ans. 
Yes, I have implemented a process improvement by automating the invoice approval process.
• Implemented an automated invoice approval process using software

• Reduced the time taken for invoice approval from 2 days to 1 day

• Eliminated errors caused by manual data entry

• Improved communication between departments

• Increased efficiency and productivity
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Q2. What is your longterm aspirations? Where do you want to see your self in next 5 years from now?
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Q1. What is your salary expectations ?
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Q2. What is your notice period in current organization?
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Q1. How day work experience
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Q2. How much expected salery
Ans. 
The expected salary for a Senior Accountant varies depending on factors such as location, experience, and company size.
• Research average salaries for Senior Accountants in your area to get an idea of the expected range.

• Consider your level of experience and any additional qualifications that may warrant a higher salary.

• Take into account the size and industry of the company you are applying to, as these can also impact sa
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Q1. Tell me about yourself
Ans. Give your personal, family, acadmic, experience details
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Q2. How many types of vouchers in account
Ans. 
There are several types of vouchers in accounting, including cash vouchers, bank vouchers, journal vouchers, purchase vouchers, sales vouchers, and more.
• Cash vouchers are used for recording cash transactions.

• Bank vouchers are used for recording bank transactions.

• Journal vouchers are used for recording journal entries.

• Purchase vouchers are used for recording purchases made.

• Sales vouchers are used for recording sales mad...read more
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Q3. How much distance from home to that location
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Q1. Bank receipt entry of TPA amount received from debtors
Ans. 
Bank receipt entry of TPA amount received from debtors is a process of recording the payment received from third party administrators.
• TPA amount received from debtors should be recorded in the bank receipt entry

• The entry should be made in the cash book and ledger

• The amount should be credited to the debtor's account

• The bank account should be debited with the same amount

• Proper documentation should be maintained for futur
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Q2. Back calculation of tds is applied. Amount received after deducting 10%of tds
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Q3. Bill wise entry in tally ERP 9 software
Ans. 
Bill wise entry in Tally ERP 9 software
• Bill wise entry is a feature in Tally ERP 9 that allows users to record transactions based on individual bills

• This feature is useful for businesses that deal with multiple bills for a single transaction

• Users can enter details such as bill number, date, and amount for each bill

• Tally ERP 9 also allows users to view reports based on bill wise entries
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Q1. Tds rates asking applicable on payment doing and bill booking
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Q2. As per government norms section wise tds rates give to interviewers
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