SevenMentor Accountant Interview Questions and Answers

I am a highly motivated and experienced professional with a strong background in management and leadership.

• Over 5 years of experience in management roles

• Proven track record of successfully leading teams and achieving targets

• Strong communication and interpersonal skills

• Excellent problem-solving and decision-making abilities

• Ability to adapt to changing environments and handle multiple tasks

• Example: As a Manager at XYZ Co...read more

TDS, GST, bank reco, and ledger reco are all important accounting terms.

• TDS stands for Tax Deducted at Source and is a tax collected by the government on certain types of payments.

• GST stands for Goods and Services Tax and is a tax on the supply of goods and services.

• Bank reco is short for bank reconciliation and is the process of matching the balances in an organization's accounting records to the corresponding informa...read more

Customization in software allows for simultaneous TDS deduction of different types.

• Customization in software enables the user to select multiple TDS deduction types to be deducted simultaneously.

• This feature saves time and effort by eliminating the need to manually calculate and deduct each type of TDS separately.

• For example, a software can be customized to deduct TDS on salary, rent, and commission at the same time.

• Th...read more