Genpact Accountant Interview Questions, Process, and Tips

Q1. Hr tell him what his the candidate profession. And he interested his profession or not. And afte he tell him what is the history of company.and then hr told a questions after some time what he is giving fo...read more
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Q1. What is credit note ?
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A credit note is a document issued by a seller to a buyer, indicating that a certain amount has been credited to the buyer's account.
• It is issued when goods are returned by the buyer or when there is an overpayment by the buyer.

• It serves as a proof of the credit made to the buyer's account.

• It includes details such as the buyer's name, date of issue, reason for credit, and the amount credited.

• It is used to adjust the bu...read more
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Q2. What is 3way and 2way match?
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3way and 2way match are methods used in accounting to match purchase orders, invoices, and receipts.
• 3way match involves matching the purchase order, invoice, and receipt to ensure accuracy and prevent fraud.

• 2way match involves matching the purchase order and invoice to ensure accuracy.

• In 3way match, all three documents must match before payment is made.

• In 2way match, only the purchase order and invoice need to match be...read more
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Q3. Definition Of Accounts Payable?
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Accounts Payable is the amount a company owes to its vendors or suppliers for goods or services received but not yet paid for.
• Accounts Payable is a liability account in the balance sheet.

• It represents the amount owed to vendors or suppliers for goods or services received.

• It is recorded when the invoice is received and is paid at a later date.

• Examples of accounts payable include rent, utilities, and inventory purchases.

• ...read more
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Q4. Definition Of Revenue with example?
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Revenue is the income generated by a company from its business activities.
• Revenue is the total amount of money earned by a company from the sale of goods or services.

• It is calculated by multiplying the price of the product or service by the number of units sold.

• For example, if a company sells 100 units of a product for $10 each, the revenue generated would be $1000.

• Revenue is an important metric for measuring a company
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Q1. Self intro What is Account's What is Ar and AP Where u want to see after 5 years
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I am an accountant with knowledge of AR and AP. I have a vision for my career growth.
• Accounting involves recording, classifying, and summarizing financial transactions.

• AR (Accounts Receivable) is the amount of money owed to a company by its customers for goods or services provided.

• AP (Accounts Payable) is the amount of money a company owes to its suppliers for goods or services received.

• In 5 years, I see myself as a se...read more
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Q1. Account related Questions
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