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Quattro Business Support Solutions Accountant Interview Questions and Answers
Quattro Business Support Solutions Accountant Interview Experiences
1 interview found
Anonymous
Selected
I applied via Referral
(1 Question)
- Q1. Introduction, Basic accounting questions like golden rules,
(1 Question)
- Q1. What is P2P? Types of payments, journal entry.
- Ans.
P2P stands for Procure-to-Pay, which is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services.
P2P involves the entire procurement process from start to finish.
Types of payments in P2P include direct payments, purchase orders, and invoices.
Journal entry for P2P transactions typically involves debiting the relevant expense account and crediting accounts payable.
For exampl...
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Position or post calling for specified duties to which an employee is assigned for a definite or indefinite period of time but which has not been designated as a work classification.
(5 Questions)
- Q1. What is tha accounts?
- Ans.
Accounts refer to the records of financial transactions of a business or organization.
Accounts are used to track income, expenses, assets, and liabilities.
They help in analyzing the financial health of a company.
Examples of accounts include cash, accounts receivable, inventory, and accounts payable.
- Q2. What is tha payable and receivable
- Ans.
Payable and receivable refer to amounts owed by a company (payable) and amounts owed to a company (receivable).
Payable refers to money owed by a company to its suppliers or vendors
Receivable refers to money owed to a company by its customers or clients
Payable and receivable are recorded on a company's balance sheet
Examples: Accounts payable, accounts receivable
- Q3. What is TDS ?
- Ans.
TDS stands for Tax Deducted at Source, which is a system where tax is deducted by the payer at the time of making payment.
TDS is a form of advance tax which ensures that the government receives tax revenue in advance.
It is applicable to various payments such as salary, interest, commission, rent, etc.
The deducted TDS amount is then deposited with the government on behalf of the recipient.
TDS rates vary depending on the...
- Q4. What is tally used for ?
- Ans.
Tally is a software used for accounting and financial management.
Tally is used for recording financial transactions.
It helps in managing accounts, generating reports, and analyzing data.
Tally is commonly used by businesses for bookkeeping and tax compliance.
It can also be used for inventory management and payroll processing.
- Q5. What is tally skills?
- Ans.
Tally skills refer to proficiency in using Tally software for accounting purposes.
Tally skills involve knowledge of creating and managing accounts, generating financial reports, and performing audits.
Proficiency in data entry, reconciliation, and inventory management using Tally is essential.
Examples of Tally skills include creating ledgers, recording transactions, and generating balance sheets.
Knowledge of shortcuts a...
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Skills evaluated in this interview
I applied via campus placement at Christ University, Bangalore and was interviewed in Aug 2024. There was 1 interview round.
(2 Questions)
- Q1. Journal entry for prepaid expenses
- Ans.
Journal entry for prepaid expenses involves debiting Prepaid Expense account and crediting Cash or Bank account.
Debit Prepaid Expense account to record the expense paid in advance
Credit Cash or Bank account to show the decrease in cash due to prepayment
Prepaid expenses are considered assets until they are used up or expire
Example: Journal entry for prepaid rent - Debit Prepaid Rent, Credit Cash/Bank
- Q2. What is bank reconciliation
- Ans.
Bank reconciliation is the process of comparing a company's records with those of its bank to ensure they match.
Bank reconciliation involves comparing the company's records of its financial transactions with the bank's records.
It helps identify any discrepancies such as missing transactions, errors, or fraudulent activity.
The process involves adjusting the company's records to match the bank's records by reconciling an...
I applied via AmbitionBox and was interviewed in Aug 2024. There was 1 interview round.
What is the recruitment of work and experience
(2 Questions)
- Q1. How was the interview
- Q2. What qualifications u need for accountants
Discussion about accounts
Selected
I applied via Job Fair and was interviewed in Jun 2024. There was 1 interview round.
(3 Questions)
- Q1. Accounting maintain and the account details create
- Q2. Accounting submitted
- Q3. Manage the every account for account holder's
- Ans.
Managing every account for account holders involves maintaining accurate financial records, providing timely updates, and addressing any inquiries or concerns.
Maintain accurate financial records for each account holder
Provide timely updates on account balances and transactions
Address any inquiries or concerns from account holders
Ensure compliance with financial regulations and policies
Offer personalized financial advic
Interview Preparation Tips
I applied via Recruitment Consulltant and was interviewed in Sep 2023. There were 3 interview rounds.
(3 Questions)
- Q1. Each round has its different tasks and it carries minimum 30 questions in a round. It was a good experience to share
- Q2. What will you do if you're friend is in trouble? Will you help him or not?
- Q3. Will you help the needy people in their bad times?
About personality check
Selected
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Tell me about yourself
- Q2. This question is usually the first question in an interview, and it is a way to break the ice. You should answer this question by giving a brief overview of your education, work experience, and skills. You...
Interview Preparation Tips
Selected
I applied via Walk-in and was interviewed in Sep 2023. There was 1 interview round.
(1 Question)
- Q1. Tally sap Microsoft Office
Interview Preparation Tips
(1 Question)
- Q1. Research the company you're interviewing with. ... Research the person who is interviewing you. ... Carefully read the job description and understand every point, as well as how your own skills fulfil all ...
Numerical Reasoning.
Verbal Reasoning.
Inductive Reasoning.
Diagrammatic Reasoning.
Logical Reasoning.
Mechanical Reasoning.
Situational Judgement.
Deductive reasoning.
More items...•14-Sept-2022
(2 Questions)
- Q1. Consider the tools and skills necessary for the role. Think about the basic requirements of the job. ... Study helpful books and digital publications. ... Practice for the interview. ... Prepare to ask que...
- Q2. How would you describe yourself? ... What makes you unique? ... Why do you want to work here? ... What interests you about this role? ... What motivates you? ... What are you passionate about?
Interview Preparation Tips
Use informational interviews to network. ...
Set yourself apart with letters of recommendation. ...
Know yourself and what you want. ...
Pump yourself up and stay positive.
More items...
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Quattro Business Support Solutions Accountant Reviews and Ratings
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Rating in categories
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Accountant
12
salaries
|  ₹3.8 L/yr - ₹4.9 L/yr |
|
Analyst
9
salaries
| ₹3 L/yr - ₹6 L/yr |
|
Associate
5
salaries
| ₹2.7 L/yr - ₹3.5 L/yr |
|
Assistant Manager
4
salaries
| ₹6.7 L/yr - ₹10 L/yr |
|
Senior Analyst
4
salaries
| ₹4.4 L/yr - ₹5 L/yr |
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