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Two way invoice matching is a process where the invoice is matched with the purchase order and the receiving report.
Two way invoice matching involves comparing the invoice with the purchase order to ensure the prices and quantities match.
It also involves comparing the invoice with the receiving report to confirm that the goods or services were received.
Any discrepancies found during the matching process need to be reso...
TDS stands for Tax Deducted at Source. It is a tax deduction made by the payer while making payments.
TDS is deducted as per the rates specified by the Income Tax Department.
Different sections of the Income Tax Act specify different rates for TDS deduction.
For example, TDS on salary income is deducted under section 192 at the applicable slab rates.
TDS on interest income is deducted under section 194A at the rate of 10%.
I was interviewed in Sep 2023.
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: 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.
For example, when a company receives cash from a...
Golden rules of accounting are basic principles that guide the process of recording financial transactions.
There are three golden rules of accounting: Debit the receiver, Credit the giver; Debit what comes in, Credit what goes out; 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 com...
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The three golden rules are: Debit what comes in, Credit what goes out; Debit the receiver, Credit the giver; Debit expenses and losses, Credit income and gains.
These rules ensure that the accounting equation (Assets = Liabilities + Equity) remains balanced.
For example, when a company receives cash from a custo...
posted on 22 May 2024
I applied via Referral and was interviewed before May 2023. There was 1 interview round.
I applied via Company Website and was interviewed before Oct 2022. There were 2 interview rounds.
About company progress
Assistant Manager
279
salaries
| ₹7 L/yr - ₹15 L/yr |
Associate Manager
256
salaries
| ₹7.9 L/yr - ₹23 L/yr |
Deputy Manager
166
salaries
| ₹11 L/yr - ₹32 L/yr |
Mining Engineer
125
salaries
| ₹3 L/yr - ₹12 L/yr |
Manager
84
salaries
| ₹12.5 L/yr - ₹40 L/yr |
Vedanta Limited
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