Greystar Accounting Specialist Interview Questions and Answers

Q1. About accounts & experience
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Q2. About accounts & experience
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Q1. Golden rule of accounting
Ans. 
The golden rule of accounting states that debit what comes in and credit what goes out.
• Debit what comes in and credit what goes out

• Helps maintain the balance in accounting records

• Used to ensure accuracy in financial transactions
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Q1. Some Excel question
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Q1. Tell me about yourself.
Ans. 
I am a detail-oriented and experienced Executive Accountant with a strong background in financial analysis and reporting.
• I have over 8 years of experience in accounting and finance.

• I am skilled in budgeting, forecasting, and financial modeling.

• I have a proven track record of improving financial processes and increasing efficiency.

• I am proficient in using accounting software such as QuickBooks and SAP.

• I have a Bachelor'
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Q1. What is Budgeting and forcasting?
Ans. 
Budgeting and forecasting are financial planning tools used to estimate future revenues and expenses.
• Budgeting involves setting financial goals and creating a plan to achieve them.

• Forecasting involves predicting future financial outcomes based on historical data and trends.

• Budgeting helps in allocating resources effectively, while forecasting helps in making informed decisions.

• Examples: Creating an annual budget for a ...read more
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Q1. Interview about GST tax rate, TDS rate and some questions about your profile..
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Q2. Gst return filing date,tds rate and filing date
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Q3. What is the process to check invoice and payment .
Ans. 
The process to check invoice and payment involves verifying the details on the invoice against the payment received.
• Verify the accuracy of the invoice details such as amount, date, and billing address

• Cross-check the invoice with the purchase order or contract to ensure accuracy

• Confirm that the payment matches the amount on the invoice

• Record the payment in the accounting system once verified

• Follow up with the client or
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Q4. What is the retention money, mobilisation money etc
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Retention money and mobilisation money are terms commonly used in construction contracts.
• Retention money is a percentage of the contract value withheld by the client to ensure that the contractor completes the project satisfactorily.

• Mobilisation money is an advance payment made to the contractor to cover initial mobilisation costs such as setting up site facilities and equipment.

• Retention money is usually released afte...read more
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Q1. Question about your family background, your convenience for working site..
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Q1. How have you dealt with a disagreement with a co-worker?
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Q2. Are you competent in excel?
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Q1. Check communication
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Q1. Ask about the job responsibilityis
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Q1. Tell me about your self. What is your hobbies. What is your salary expectation.
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Q2. What is your salary expectation?
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Q1. My name is rishi yadav
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Q2. Accountant assistant
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