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Receivables are amounts owed to a company by its customers for goods or services provided on credit.
Receivables are recorded as assets on a company's balance sheet.
They represent the amount of money that a company expects to receive from its customers.
Examples of receivables include accounts receivable, notes receivable, and trade receivables.
Companies must manage their receivables carefully to ensure timely payment an
posted on 10 Sep 2021
I applied via Naukri.com and was interviewed before Sep 2020. There was 1 interview round.
I applied via Naukri.com and was interviewed in Feb 2023. There were 2 interview rounds.
I reconcile bank statements by comparing the transactions on the statement with my records.
Obtain the bank statement and compare it with your records
Check for any discrepancies or errors
Adjust your records accordingly
Ensure that the ending balance on the statement matches your records
Document the reconciliation process for future reference
TDS stands for Tax Deducted at Source, which is a tax collection mechanism in India.
TDS is a tax collection mechanism in India where the payer deducts a certain percentage of tax from the payment made to the payee.
The deducted tax is then deposited with the government on behalf of the payee.
TDS is applicable to various types of payments such as salary, rent, commission, interest, etc.
The rate of TDS varies depending on...
I applied via Walk-in and was interviewed in Sep 2022. There were 2 interview rounds.
TDS stands for Tax Deducted at Source. It is a tax collection mechanism in India.
TDS is a way of collecting tax at the source of income.
It is applicable to various types of income such as salary, interest, rent, commission, etc.
The person making the payment deducts a certain percentage of tax and deposits it with the government.
The deducted amount is reflected in the Form 16/16A which is issued to the person receiving ...
GST is a value-added tax levied on goods and services in India. GST return is a document containing details of income, tax paid, and refund claimed.
GST stands for Goods and Services Tax
It is a single tax levied on the supply of goods and services
It replaced multiple indirect taxes like VAT, excise duty, service tax, etc.
GST return is a document filed by registered taxpayers containing details of their income, tax paid,...
ERP stands for Enterprise Resource Planning. It is a software system that integrates all aspects of a business's operations.
ERP helps businesses streamline their processes and improve efficiency
It includes modules for finance, human resources, inventory management, and more
Examples of ERP systems include SAP, Oracle, and Microsoft Dynamics
ERP can be customized to fit the specific needs of a business
It provides real-tim...
I applied via Naukri.com and was interviewed in Mar 2022. There were 2 interview rounds.
Yes
I applied via Walk-in and was interviewed in Feb 2022. There were 2 interview rounds.
Nothing
A detailed description of what?
Please provide more context or specify the topic
Without more information, it is difficult to give a detailed description
I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.
Tally accounting is an ERP software used for business functionalities like accounting, finance, inventory, payroll, etc.
Tally accounting is an ERP software
Used by small and large businesses
Handles accounting, finance, inventory, payroll, etc.
Helps in managing financial transactions
Generates financial reports
Provides real-time data
Increases efficiency and accuracy
Premises in accounting refer to fixed assets shown in the
based on 2 reviews
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