Hind Rectifiers Senior Accounts Executive Interview Questions and Answers for Experienced

Q1. Related to your work profile
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Q1. Explain about Tds and sections
Ans. 
TDS stands for Tax Deducted at Source. It is a system introduced by the Income Tax Department to collect tax at the source of income.
• TDS is deducted by the payer at the time of making payment to the payee.

• Various sections of the Income Tax Act specify the rates and thresholds for TDS deductions.

• For example, Section 194C deals with TDS on payments to contractors and sub-contractors.

• TDS certificates like Form 16 and Form...read more
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Q2. 194C 1. Individual 1% and company 2%
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Q3. Introduce your self
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Q4. Self Introduction
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Q5. Purchase entry and purchase process
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Q6. Quotation and PO, Inward, GRN, Purchase Entry
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Q7. Sales Invoicing
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Q8. Pic the line item from the Stock then make an Invoice
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The line item from the Stock can be selected based on the customer's order and then used to create an Invoice.
• Identify the specific line item in the Stock based on the customer's order details

• Ensure the accuracy of the item selected, including quantity and pricing

• Transfer the selected item to the Invoice template and generate the final document
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Q9. GRN Process How will Make an entry
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The GRN process involves making an entry to record goods received into inventory.
• Create a journal entry debiting Inventory and crediting Accounts Payable or Purchase Order

• Include details such as quantity, unit cost, and total cost in the entry

• Ensure the entry is accurately recorded in the accounting system
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Q10. When the buyer receive the goods, the stores department will inspect them against purchase order and examine their physical condition
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