Shyam Steel Industries Site Accountant Interview Questions and Answers

Q1. Can I handle project site accounts
Add your answer
Q2. How to handle petty cash
Ans. 
Petty cash should be handled with strict controls and proper documentation.
• Designate a specific amount for petty cash and keep it in a secure location.

• Create a petty cash log to track all transactions and receipts.

• Require receipts for all petty cash expenses and reconcile regularly.

• Limit access to petty cash and designate one person responsible for managing it.

• Periodically audit the petty cash fund to ensure accuracy a
Answered by AI
Add your answer
Q3. How to check invoice
Ans. 
To check an invoice, verify the details against the purchase order and receipt of goods.
• Compare the invoice details with the purchase order to ensure accuracy.

• Check the quantities and prices on the invoice against the receipt of goods.

• Verify that the invoice includes all necessary information such as vendor details, invoice number, and payment terms.

• Ensure that any discounts or credits are applied correctly.

• Confirm tha...read more
Answered by AI
Add your answer
Q4. How to payment made
Ans. 
Payments are typically made through various methods such as checks, wire transfers, online payments, or cash.
• Payments can be made via checks, where the payer writes a check to the payee.

• Wire transfers involve electronically transferring funds from one bank account to another.

• Online payments can be made through platforms like PayPal, credit/debit cards, or mobile payment apps.

• Cash payments are made in physical currency,...read more
Answered by AI
Add your answer
Q5. GST knowledge
Add your answer
Q6. SAP knowledge
Add your answer
Q7. ERP knowledge
Add your answer

Q1. How many years experience
Ans. 
I have 5 years of experience working as an accountant in various industries.
• 5 years of experience as an accountant

• Worked in various industries

• Familiar with different accounting practices and systems
Answered by AI
Add your answer
Q2. Privious company salary
Add your answer

Skilled check, communication skills check