Infosys BPM Account Assistant Interview Questions, Process, and Tips

Accounting Problems ,

Q1. Basic Accounting definition, journal Entries, Definition,P2P, R2R,AP,AR,Accural Accounting
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Q1. HR asked me that if I have any need future plan for further studies ?
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Q1. Accounts Payable and Receivables
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It was good experience lots of questions were tricky

Q1. They ask self introduction
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Q2. Previous company experience and work
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Complete aptitude questions moderate format only

Q1. Explain P2P cycle in brief
Ans. 
P2P cycle is the process of purchasing goods or services from a supplier and paying for them.
• The cycle starts with identifying the need for goods or services.

• A purchase order is then created and sent to the supplier.

• The supplier delivers the goods or services and sends an invoice.

• The invoice is matched with the purchase order and goods receipt.

• Payment is then made to the supplier.

• The cycle ends with recording the trans
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Q2. 3 way match is compulsory
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Q3. Vendor Reconciliation of account
Ans. 
Vendor reconciliation is the process of comparing a company's records with those of its vendors to ensure accuracy and resolve discrepancies.
• Vendor reconciliation involves comparing invoices, payments, and other financial records with those of the vendor.

• It helps to identify any discrepancies or errors in the records and resolve them in a timely manner.

• The process helps to maintain good relationships with vendors and e...read more
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Q4. How do you validate an invoice
Ans. 
To validate an invoice, check for accuracy and completeness of information.
• Verify the vendor's name and address

• Check the invoice date and number

• Ensure the goods or services were received

• Confirm the prices and quantities match the purchase order

• Check for any discounts or credits

• Ensure the invoice is authorized for payment

• Compare the invoice to the general ledger

• Check for any tax or shipping charges

• Ensure the invoice is ...read more
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Q5. How many types of invoices to process
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There are several types of invoices to process depending on the nature of the transaction.
• There are sales invoices for goods or services sold to customers.

• There are purchase invoices for goods or services purchased from suppliers.

• There are credit notes for returns or discounts.

• There are proforma invoices for advance payments or pre-orders.

• There are recurring invoices for regular payments.

• There are self-billing invoices...read more
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Q6. How Do you identify an credit note
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A credit note can be identified by its unique number, date, and the reason for the credit.
• Look for a unique number assigned to the credit note

• Check the date on the credit note to ensure it matches the transaction date

• Verify the reason for the credit note, which should be stated clearly

• Compare the credit note to the original invoice to ensure accuracy
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Q1. Tell me about yourself.
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Q2. Ask for salary expectations
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Women's empowerment

Normal accounting skill test

Q1. Revenue and accrual concept
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Q1. Salary discussion
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