TCS GL Accountant Interview Questions and Answers for Experienced

Q1. What is Accounts payable
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Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable is a liability on the balance sheet

• It represents the amount of money owed by a company to its suppliers or vendors

• It is typically recorded when goods or services are received but payment has not yet been made

• Accounts payable is an important part of a company's working capital man
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Q2. What is Bank reconcilation statment
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Bank reconciliation statement is a document that compares the bank's records with the company's records to ensure they match.
• It is used to identify any discrepancies between the two sets of records.

• It includes items such as deposits in transit, outstanding checks, bank errors, and service charges.

• The goal is to ensure the accuracy of the company's financial records and the bank's records.

• Once discrepancies are identifi...read more
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Q1. Why u left your previous job ??
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Q2. Salary expectation
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Q3. What is Bank reconciliation
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Bank reconciliation is the process of comparing and matching the balances in a company's accounting records with the balances on its bank statement.
• Bank reconciliation helps ensure the accuracy of a company's financial records.

• It involves comparing the transactions recorded in the company's books with those in the bank statement.

• Any discrepancies between the two balances are identified and resolved.

• Common reasons for d...read more
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Q1. Regarding Experience
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Q1. They gave one case study and i answered thru mail
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Q1. Regarding Salary and Job stability
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Depends on how many candidates come for interview- if candidates around 10-15 they conduct email writing or in other hand candidates more than 15 than will take aptitude test in that you have 10 Q related to logical reasoning 10 Q related Quantitative and financial calculations and rest 10 Q based on case study.

Q1. 1. Tell me about yourself 2. Why you choose these organisation or these profile 3. Basic questions ask regarding financial markets like Derivatives l, CA event etc 4. Where you see yourself in next 5 year'...read more
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Q1. Ask questions related process like if you are applying for Fund accountant than... A) what is fund accounting B) how to calculate Nav C) Questions ask on financial markets in detais D) last they might be ...read more
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Q1. Introduction Tell about your relevant experience Talk about reason for change
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Q1. Talk about your experience tell us about your achievements and challenges
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Q2. Talk about the meaning of growth as per you
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Growth to me means continuous improvement and development in various aspects of life, such as career, personal skills, and knowledge.
• Growth involves expanding one's knowledge and skills through learning and experience

• It also includes personal development, such as improving communication skills or emotional intelligence

• In a career context, growth can mean advancing to higher positions or taking on more responsibilities

• O...read more
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Q1. Accounts receivable accounts
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Q2. Accounts receivable PAYABLE
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Q1. What is old rules in accounting
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Old rules in accounting refer to the traditional accounting practices that were followed before the introduction of modern accounting standards.
• Old rules were based on historical cost accounting and did not take into account the current market value of assets.

• They did not require companies to disclose as much information as modern accounting standards do.

• Old rules did not emphasize the importance of transparency and ac...read more
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Q2. Why didi you decide to apply to this role
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Q1. What are accounting basic Tell me about your self What are your greatest strengths and weaknesses
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Coding is a logical reasoning it used to encrypt words in specific patterns. It have particular rules and regulations

Q1. What you know about computer? and how it works
Ans. 
A computer is an electronic device that processes data and performs tasks based on instructions.
• A computer consists of hardware components such as a central processing unit (CPU), memory, and storage devices.

• It also includes software programs that enable the computer to perform specific tasks.

• Computers use binary code (0s and 1s) to represent and process data.

• They follow a fetch-decode-execute cycle to execute instruct...read more
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It is a one task it's allocated to someone as part of job or study

Q1. What you know about Hyderabad
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Q2. Difference between Hyderabad and your native place
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