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Rishi Associates Tally Accountant Interview Questions, Process, and Tips
Rishi Associates Tally Accountant Interview Experiences
1 interview found
Anonymous
Selected
I applied via Walk-in and was interviewed before Jan 2022. There were 2 interview rounds.
(6 Questions)
- Q1. 1. What is Accounting?
- Ans.
Accounting is the process of recording, summarizing, and analyzing financial transactions of a business.
Accounting involves recording financial transactions such as sales, purchases, and expenses.
It includes summarizing these transactions into financial statements like balance sheets and income statements.
Accounting also involves analyzing financial data to provide insights and make informed business decisions.
Examples...
- Q2. 2. What Is Book-Keeping?
- Ans.
Book-keeping is the process of recording financial transactions and maintaining financial records.
It involves recording all financial transactions of a business
It helps in maintaining accurate financial records
It includes tasks like recording sales, purchases, payments, receipts, etc.
Book-keeping is the foundation of accounting
Examples of book-keeping include maintaining a cash book, ledger, and trial balance
- Q3. 3. What are the 3 golden rules of Accounting?
- Ans.
The 3 golden rules of Accounting are: Debit the receiver, Credit the giver, and Account for all transactions.
Debit the receiver: Increase in assets and decrease in liabilities are debited.
Credit the giver: Increase in liabilities and decrease in assets are credited.
Account for all transactions: Every transaction should be recorded in the books of accounts.
- Q4. 4. What is Debit and Credit?
- Ans.
Debit and Credit are the two fundamental concepts in accounting used to record financial transactions.
Debit refers to the left side of an account and represents an increase in assets or a decrease in liabilities or equity.
Credit refers to the right side of an account and represents a decrease in assets or an increase in liabilities or equity.
Every transaction must have an equal debit and credit amount to maintain the b...
- Q5. 5. What is Bank Reconciliation?
- Ans.
Bank Reconciliation is the process of matching and comparing the balance in the bank statement with the company's own records.
It helps to identify any discrepancies between the two records.
It ensures that all transactions are recorded accurately.
It helps to detect any errors or fraud in the bank statement.
It helps to maintain the accuracy of financial statements.
Examples: checks that have not cleared the bank, bank fee
- Q6. 6. Who is Debtor? & Who is Creditor?
- Ans.
Debtor is a person or entity who owes money to another person or entity. Creditor is a person or entity to whom money is owed.
Debtor is the one who has taken a loan or credit from a creditor.
Creditor is the one who has given the loan or credit to the debtor.
Debtor owes money to the creditor and is liable to pay it back.
Creditor has the right to collect the money owed by the debtor.
Examples of debtors include individual...
Interview Preparation Tips
2. Always be polite and senior.
3. Always keep positive thinking for your customers.
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Interview questions from similar companies
Selected
I applied via Walk-in and was interviewed in Oct 2024. There was 1 interview round.
(5 Questions)
- Q1. About your self
- Ans.
My name is Gourish ramadas velip nujji patne tq: joida dis: uttar kannada state: karnataka 581187
- Q2. Education background
- Ans.
I study in graduation in b com in 2021 in karnataka university dharwad
- Q3. Family back ground asked
- Ans.
Father name : ramdas Mother name :namrata Sister name : kavita Brother name : kalpesh Father is farmer and mother house wife
- Q4. Why working for TCS company
- Q5. How many years are Experience in company
- Ans.
I have 5 years of experience working in the company.
I have been working in the company for 5 years.
During my time at the company, I have gained valuable experience in Tally accounting.
I have successfully handled various accounting tasks and projects over the past 5 years.
Interview Preparation Tips
- Communication Skills
- Accounting
- Computer Operating
- Powerpoint
- HTML
- Tally ERP
Selected
I applied via Company Website and was interviewed in Nov 2023. There were 3 interview rounds.
(4 Questions)
- Q1. How is technology
- Ans.
Technology has greatly impacted the field of accounting, streamlining processes and improving efficiency.
Technology has automated many manual accounting tasks, such as data entry and calculations.
Accounting software like Tally has made it easier to track financial transactions and generate reports.
Cloud-based accounting solutions allow for real-time collaboration and access to financial data from anywhere.
Technology ha...
- Q2. What is a algorithm
- Ans.
An algorithm is a step-by-step procedure or set of rules for solving a problem or accomplishing a task.
An algorithm is a well-defined computational procedure.
It consists of a sequence of instructions that are executed in a specific order.
Algorithms can be represented using flowcharts, pseudocode, or programming languages.
They are used in various fields, including mathematics, computer science, and finance.
Examples of a...
- Q3. What is a C language
- Ans.
C language is a high-level programming language used for developing software and operating systems.
C language was developed by Dennis Ritchie at Bell Labs in the 1970s.
It is a procedural language, allowing step-by-step execution of instructions.
C language is widely used for system programming, embedded systems, and developing applications.
It provides low-level access to memory and hardware, making it efficient and powe...
- Q4. What is programming
- Ans.
Programming is the process of creating instructions for a computer to execute tasks and solve problems.
Programming involves writing code using a programming language.
It requires logical thinking and problem-solving skills.
Programs can be created to perform various tasks, such as calculations, data manipulation, and automation.
Examples of programming languages include Python, Java, and C++.
Programmers use algorithms and...
(4 Questions)
- Q1. What is a data base management system
- Ans.
A database management system is a software that allows users to store, organize, and manage data efficiently.
It provides a structured way to store and retrieve data.
It ensures data integrity and security.
It allows multiple users to access and manipulate the data simultaneously.
It supports querying and reporting functionalities.
Examples include MySQL, Oracle, Microsoft SQL Server.
- Q2. What is quaries
- Ans.
Queries are requests for information or clarification.
Queries are used to obtain specific information or clarification on a particular topic.
They are commonly used in various fields, including accounting, to gather necessary data.
Queries can be verbal or written, and they aim to resolve doubts or seek additional details.
For example, in accounting, a Tally Accountant may raise queries to understand specific transactions
- Q3. What is a data system
- Ans.
A data system is a structured and organized collection of data that is used to store, manage, and analyze information.
A data system typically includes hardware, software, and databases.
It allows for the efficient storage, retrieval, and manipulation of data.
Examples of data systems include relational databases, data warehouses, and content management systems.
- Q4. What is a table of quarries
- Ans.
A table of quarries is a database table that stores information about quarries, including their location, production, and other relevant details.
A table of quarries is used in the field of mining and construction to manage and track information about different quarries.
It typically includes columns for quarry name, location, type of material extracted, production capacity, and other relevant data.
The table can be used ...
Skills evaluated in this interview
(8 Questions)
- Q1. Tell me about your self
- Ans.
Good morning sir or madam first of all the thankyou for giving me this opportunity to introduce myself my name is gudaru rajasekhar iam from nandigram while coming to my educational details I AM completed my MBA finance from DVR DR HS Mic Collage of Technology in kanchikacherla my experience details I AM worked with Radha Ram marketing pvt Ltd I have a 1 year 5 months experience in tally prime
- Q2. Education details
- Q3. Experience details
- Q4. Hobbies and achievements
- Ans.
Playing cricket and listening music Achievements are positive attitude and I am a hard worker
- Q5. Technical skills
- Ans.
I have good knowledge in tally prime GST and tally with GST and generation of e waybill s and vendor creation and purchase and sale of e-way bill invoice processing in tally prime debit note and credit note in tally prime cash bill s invoice processing in tally prime
- Q6. Family details
- Q7. Technical skills
- Q8. Family details that's all
Interview Preparation Tips
- Accounting
Selected
I applied via Company Website and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. Your preference in work
- Ans. I very preference in work 1st
- Q2. Experience in the work
Interview Preparation Tips
2 Redding book
3 hard work
I applied via AmbitionBox and was interviewed in Jun 2023. There were 3 interview rounds.
How will your strengths can benefit our company
(5 Questions)
- Q1. Would you like to work overtime or odd hours
- Ans. I understand that putting extra efforts impacts the company's development,so I'm happy.If it means I'm contributing to the company, I'll be glad to contribute.
- Q2. Why did you decide to apply to this role
- Ans. Because, I'm completed B.com and tally ERP 9
- Q3. Hard work is the key to success or is it?
- Q4. Difference between hard work and smart work
- Q5. What your know about Accenture
Interview Preparation Tips
- Self intro
- Tally ERP
I applied via Job Fair and was interviewed in Feb 2022. There were 2 interview rounds.
(4 Questions)
- Q1. What are your salary expectations?
- Q2. What is your family background?
- Q3. What are your strengths and weaknesses?
- Q4. Tell me about yourself.
Interview Preparation Tips
I applied via Referral and was interviewed in Nov 2021. There were 2 interview rounds.
In group discussion we make best group discuss & planning about the work.
Interview Preparation Tips
- Commerce
Selected
I applied via campus placement at Gulbarga University and was interviewed in Jan 2024. There was 1 interview round.
(4 Questions)
- Q1. Tell me about your self?
- Q2. What are your strengths?
- Q3. What do you want this job?
- Q4. Why should we hire you?
I applied via LinkedIn and was interviewed in May 2022. There were 2 interview rounds.
(1 Question)
- Q1. Qus or purchases , sale , ext
Interview Preparation Tips
- Accounting
- purcases
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