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Tax deduction in RA BILL
Tax deduction is applicable on certain items in a RA bill
The deduction amount varies based on the item and tax laws
Examples of items with tax deduction include TDS, GST, and service tax
Price escalation refers to the increase in the cost of goods or services over time.
It is a common phenomenon in the construction industry where the cost of materials and labor increases over time.
Price escalation can be caused by various factors such as inflation, changes in market demand and supply, and changes in government policies.
It is important for billing engineers to take price escalation into account when esti...
The volume of a trapezoidal shape can be calculated using its height and the lengths of its parallel sides.
The formula for calculating the volume of a trapezoidal shape is (1/2) x height x (length of parallel side 1 + length of parallel side 2)
The height is the perpendicular distance between the parallel sides
For example, if the trapezoidal shape has a height of 5 units, a length of parallel side 1 of 8 units, and a le...
Wastage for concrete and steel depends on various factors such as site conditions, workmanship, and design.
Wastage for concrete can range from 2% to 10% depending on the quality of workmanship and site conditions.
Wastage for steel can range from 2% to 5% depending on the design and fabrication process.
Factors such as improper handling, cutting, and bending can also contribute to wastage.
Proper planning and management c...
Variation for extra items is a common occurrence in construction projects.
Extra items may include additional work, materials, or changes in design.
The variation may be initiated by the client or due to unforeseen circumstances.
The billing engineer must accurately document and price the extra items.
The variation may require approval from the client and/or consultant before proceeding.
Examples of extra items include addi...
An account engineer manages financial accounts while a billing engineer handles billing and invoicing.
Account engineers manage financial accounts and ensure that all financial transactions are recorded accurately.
Billing engineers handle billing and invoicing processes, ensuring that customers are billed correctly and payments are received on time.
While both roles involve financial management, account engineers focus o...
I applied via Company Website and was interviewed in Oct 2022. There were 4 interview rounds.
Pile foundation is a type of deep foundation used to transfer heavy loads of a structure to a deeper level of soil or rock.
Pile foundation is used when the soil at the surface is not strong enough to support the weight of the structure.
It consists of long, slender columns made of concrete, steel or timber that are driven into the ground.
The piles are driven deep enough to reach a layer of soil or rock that is strong en...
I applied via LinkedIn and was interviewed before Sep 2021. There were 3 interview rounds.
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posted on 5 Feb 2024
I applied via Company Website and was interviewed in Jan 2024. There were 2 interview rounds.
Summary question and also some coding of alphabet
Rate analysis of variation items in contract involves calculating the cost impact of changes in scope or specifications.
Rate analysis involves determining the cost of materials, labor, and equipment for the variation items.
It helps in evaluating the impact of changes on the overall project budget.
Factors like quantity, rates, and specifications are considered in the analysis.
Examples of variation items include changes ...
I applied via Walk-in and was interviewed in Feb 2023. There were 4 interview rounds.
LD in billing stands for Liquidated Damages, JMR stands for Joint Measurement Report, Mandatory documents include BOQ, drawings, work order, etc.
LD in billing refers to Liquidated Damages, which are penalties imposed on contractors for delays in project completion.
JMR stands for Joint Measurement Report, which is a document used to record measurements taken jointly by the client and contractor to verify quantities of w...
posted on 16 Nov 2023
I applied via Company Website and was interviewed in Oct 2023. There were 3 interview rounds.
Gk , aptitude and technical
Billing is the process of generating invoices for goods or services provided.
Billing involves calculating costs, creating invoices, and sending them to customers.
It is important for tracking revenue and ensuring timely payment.
Examples of billing software include QuickBooks, FreshBooks, and Zoho Invoice.
I have 5 years of experience as a Billing Engineer.
I have worked on various construction projects, calculating costs and preparing invoices.
I am proficient in using billing software and tools to streamline the billing process.
I have experience in reviewing contracts and ensuring accurate billing according to project specifications.
My expected salary is in line with industry standards and my level of experience.
I am looking for a competitive salary that reflects my skills and experience
I have researched the average salary range for Billing Engineers in this region
I am open to negotiation based on the overall compensation package offered
I applied via Naukri.com and was interviewed in Apr 2023. There were 2 interview rounds.
based on 2 interviews
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based on 3 reviews
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