Genpact
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I applied via Campus Placement and was interviewed in Mar 2024. There was 1 interview round.
When purchasing assets from foreign accounting, it is important to consider currency exchange rates and any potential tax implications.
Consider the impact of currency exchange rates on the cost of the asset
Be aware of any tax implications or duties that may apply to the purchase
Ensure compliance with any international accounting standards or regulations
Consult with a financial advisor or accountant familiar with intern...
I applied via Campus Placement and was interviewed in Mar 2024. There was 1 interview round.
When purchasing an asset from a foreign accounting, it is important to consider currency exchange rates and potential tax implications.
Consider the impact of currency exchange rates on the cost of the asset
Understand any tax implications or duties associated with importing the asset
Ensure compliance with any international accounting standards
Consult with experts or advisors familiar with cross-border transactions
Keep d...
What people are saying about Genpact
I am a detail-oriented professional with experience in R2R processes and a strong focus on accuracy and efficiency.
I have a Bachelor's degree in Accounting and Finance
I have worked in R2R processes for 3+ years
I am proficient in using ERP systems such as SAP and Oracle
I have strong analytical and problem-solving skills
I am a team player and have excellent communication skills
Accenture is a global professional services company offering a wide range of services including consulting, technology, and outsourcing.
Accenture provides consulting services to help clients improve their performance and create value.
They offer technology services to help clients implement innovative solutions and digital transformation.
Accenture also provides outsourcing services to help clients optimize their operati...
I applied via Naukri.com and was interviewed in Jan 2024. There was 1 interview round.
Bank Reconciliation Statement is a document that compares the bank's records with the company's records of its bank account.
It helps in identifying any discrepancies between the two sets of records.
It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.
The goal is to ensure that the ending balance on the bank statement matches the ending balance in the company's accounting r
Contingent liabilities are potential liabilities that may arise in the future depending on the outcome of certain events.
Contingent liabilities are not actual liabilities yet, but they have the potential to become actual liabilities based on future events.
Examples include pending lawsuits, warranties, and guarantees.
Companies disclose contingent liabilities in their financial statements to inform stakeholders about pot...
The Golden rules of accounting are basic principles that guide the process of recording financial transactions.
The Golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
These rules help ensure that financial transactions are accurately recorded and classified in the accounting system.
For example, when a company receives ...
Sundry debtor refers to a person or entity who owes money to a company for goods or services provided on credit.
Sundry debtor is a type of accounts receivable on a company's balance sheet.
It represents amounts owed by customers or clients for goods or services provided on credit.
Sundry debtors are typically short-term in nature and are expected to be collected within a year.
Examples include outstanding invoices from cu
Accounts receivable is the money owed to a company by its customers for goods or services provided on credit.
Accounts receivable represents the amount of money owed to a company by its customers for goods or services provided on credit.
It is considered an asset on the company's balance sheet.
Companies often have specific departments or roles dedicated to managing accounts receivable and ensuring timely payment.
Examples...
Types of depreciation include straight-line, double declining balance, units of production, and sum-of-the-years-digits.
Straight-line depreciation evenly spreads the cost of an asset over its useful life.
Double declining balance accelerates depreciation in the early years of an asset's life.
Units of production depreciation is based on the actual usage of the asset.
Sum-of-the-years-digits depreciation method takes into ...
Deferred revenue expenditure refers to expenses that are incurred in one accounting period but are recognized as assets and expensed over multiple periods.
Deferred revenue expenditure is recorded as an asset on the balance sheet and gradually expensed over the useful life of the asset.
Examples include expenses incurred for setting up a new business, advertising costs, and expenses related to research and development.
Th...
I applied via Referral and was interviewed in Aug 2022. There were 3 interview rounds.
General knowledge Quantitative aptitude English language
SAP is an enterprise resource planning software used for managing business operations.
Some T-Codes in SAP include SE16 (Data Browser), VA01 (Create Sales Order), and MM01 (Create Material Master).
Other modules in SAP include Finance and Controlling (FICO), Sales and Distribution (SD), Material Management (MM), and Human Capital Management (HCM).
SAP is used by companies in various industries such as manufacturing, retai...
4 sections
Email writing excel accounting
Golden rules of accounts are basic principles that guide the recording of financial transactions.
Debit what comes in, credit what goes out
Debit the receiver, credit the giver
Debit expenses and losses, credit income and gains
I applied via Walk-in and was interviewed in Oct 2023. There was 1 interview round.
Journal entry of leasing involves recording lease payments and related expenses in the appropriate accounts.
Lease payments are recorded as a debit to the lease expense account and a credit to the cash or bank account.
Depreciation expense related to the leased asset is recorded in the income statement.
Interest expense on the lease liability is recorded in the income statement.
The lease liability is recorded on the balan...
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Process Developer
36.3k
salaries
| ₹1 L/yr - ₹6.8 L/yr |
Process Associate
28.1k
salaries
| ₹0.9 L/yr - ₹6.5 L/yr |
Assistant Manager
19.9k
salaries
| ₹5 L/yr - ₹14 L/yr |
Management Trainee
19.4k
salaries
| ₹1.6 L/yr - ₹8.5 L/yr |
Manager
7.4k
salaries
| ₹5.7 L/yr - ₹24 L/yr |
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