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I applied via Recruitment Consulltant and was interviewed in Apr 2023. There were 2 interview rounds.
Yes, matching GRN with the invoice is a standard practice in accounts payable.
Yes, matching GRN with the invoice helps ensure that the goods received are accurately reflected in the invoice.
This process helps in verifying the quantity and quality of goods received before making payment.
Matching GRN with the invoice also helps in detecting any discrepancies or errors in billing.
For example, if the GRN shows that 100 uni...
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I was interviewed in Jan 2025.
I was interviewed in Dec 2024.
Group discussion will be Good in interview process because the job seekers will gain new ideas and concepts
The aptitude test is to find the general and technical knowledge that the job seekers
Genpact is a global professional services firm specializing in digital transformation, finance and accounting, and analytics.
Global professional services firm
Specializes in digital transformation, finance and accounting, and analytics
Offers services such as accounts payable processing, invoice processing, and vendor management
An invoice is a document sent by a seller to a buyer that specifies the amount and cost of products or services provided.
An invoice is a commercial document that itemizes a transaction between a buyer and a seller.
It typically includes the quantity of goods or services, their price, and any applicable taxes or discounts.
Invoices are used in accounting to track sales and payments, and for tax purposes.
Examples of invoic...
I am passionate about working in the field of finance and want to further develop my skills in accounts payable.
I have a strong background in finance and accounting
I enjoy working with numbers and problem-solving
I am eager to learn and grow in a professional environment
Without parents and education, I am a product of my experiences, beliefs, and choices.
I am shaped by my environment, relationships, and personal values.
My identity is influenced by my interactions with society and culture.
I am defined by my actions, decisions, and aspirations.
Examples: career choices, relationships, personal growth.
I know about Genpact through my research on top companies in the field of finance and accounting.
Researched top companies in finance and accounting
Genpact consistently appeared in lists of top companies
Learned about Genpact's reputation for excellence in accounts payable
I applied via Naukri.com
PO is a purchase order issued by a buyer to a seller, specifying the products or services to be purchased. Non-PO is an invoice without a purchase order.
PO is a formal document that authorizes a purchase transaction, while Non-PO is an invoice submitted by a vendor for payment without a purchase order.
POs are typically used for larger purchases or ongoing agreements, while Non-PO invoices are used for one-time purchase...
posted on 4 Nov 2024
The 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 the accounting equation (Assets = Liabilities + Equity) remains balanced.
For example, when a company recei...
Types of accounting include financial accounting, management accounting, and tax accounting.
Financial accounting focuses on recording and reporting financial transactions of a business.
Management accounting involves providing information to help with internal decision-making.
Tax accounting deals with tax-related matters such as tax returns and compliance.
Other types include cost accounting, forensic accounting, and aud
Depreciation is the allocation of the cost of a tangible asset over its useful life.
Depreciation is a non-cash expense that reflects the decrease in value of an asset over time.
It is used to spread out the cost of an asset over its useful life instead of expensing it all at once.
Common methods of calculating depreciation include straight-line, double-declining balance, and units of production.
Examples of depreciable as...
5 topics 5 tests were there during the assessment
Procure to pay is the process of obtaining goods or services from a vendor, receiving and approving the invoice, and making payment.
Identify need for goods or services
Obtain quotes or proposals from vendors
Create purchase order
Receive goods or services
Approve invoice for payment
Make payment to vendor
I applied via Walk-in and was interviewed in Oct 2024. There were 3 interview rounds.
Accounting and Grammar
It's about some of English and General Aptitude test
posted on 15 Jan 2025
I applied via Naukri.com and was interviewed in Jul 2024. There was 1 interview round.
Discussed with your work profile
based on 1 interview
Interview experience
Senior Manager
3
salaries
| ₹20.4 L/yr - ₹24 L/yr |
Senior Accountant
3
salaries
| ₹12.6 L/yr - ₹15 L/yr |
Accounts Payable Analyst
3
salaries
| ₹5.5 L/yr - ₹7.3 L/yr |
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