Infosys BPM Account Assistant Interview Questions, Process, and Tips

Sap T codes, depreciation entries

Q1. Golden rules, what are accruals
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Accruals are expenses incurred but not yet paid or revenues earned but not yet received.
• Accruals are a key concept in accounting, representing expenses or revenues that have been incurred or earned but not yet recorded in the financial statements.

• Accruals help match expenses with revenues in the same accounting period, providing a more accurate picture of a company's financial performance.

• Examples of accruals include a...read more
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Q2. What are provisions
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Provisions are liabilities or expenses that are anticipated to occur in the future based on past events.
• Provisions are recognized in the financial statements when there is a probable obligation and the amount can be reliably estimated.

• They are used to account for future expenses or losses that are likely to happen but the exact timing or amount is uncertain.

• Examples of provisions include warranty provisions, restructur...read more
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F&A,Basic Math and English

Q1. Your experience
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Q1. Finance and accounts
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Its simple and easy to crack so everyone should have a try

Q1. Technical part was but stil i was able to crack bcs there ponting on base which we won't remember all the time still it's nice
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Q2. What i am doing in present role What is meant by debit note and credit note
Ans. 
Debit note and credit note are financial documents used to record transactions between two parties.
• Debit note is issued by the buyer to the seller when goods are returned or when there is an overcharge in the invoice.

• Credit note is issued by the seller to the buyer when there is a reduction in the amount payable by the buyer.

• Debit note increases the buyer's account balance while credit note decreases it.

• Both debit note...read more
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Question were asked about basic Accounting on multiple choice based.

Q1. 1.Previous Employment process 2. What is GRN 3. Depreciation journal entry 4. Oracle software based questions for PO & NPO
Ans. 
Interview questions for Assistant Accountant including previous employment process, GRN, depreciation journal entry, and Oracle software based questions.
• Previous employment process - discuss previous roles and responsibilities, reason for leaving, and skills gained

• GRN - Goods Received Note, a document used to confirm delivery of goods and receipt of payment

• Depreciation journal entry - an accounting entry used to record...read more
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Q1. Discussed about location and package and onboarding process.
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