TCS Senior Payroll Analyst Interview Questions and Answers

Q1. What is your Pervious Experience
Ans. 
I have 5 years of experience as a Senior Process Associate in a multinational company.
• Managed a team of 10 associates and ensured smooth workflow

• Implemented process improvements resulting in a 20% increase in efficiency

• Trained new hires on company policies and procedures

• Handled complex customer queries and resolved issues effectively

• Collaborated with cross-functional teams to streamline processes
Answered by AI
Add your answer
Q2. What is the Golden rules in Accounting structure
Ans. 
The golden rules in accounting structure are the basic principles that guide the recording of financial transactions.
• Debit the receiver and credit the giver

• Debit what comes in and credit what goes out

• Debit expenses and losses and credit income and gains

• Examples: Debiting cash when receiving payment from a customer, crediting accounts payable when paying a supplier
Answered by AI
Add your answer

Q1. What is intercompany reconciliation
Ans. 
Intercompany reconciliation is the process of matching and resolving discrepancies between transactions within a company's different entities.
• It involves comparing financial transactions between different entities of the same company

• It ensures that all transactions are accurately recorded and reported

• It helps identify and resolve any discrepancies or errors in the financial statements

• Examples include reconciling interc...read more
Answered by AI
Add your answer
Q2. What is threshold limit
Ans. 
Threshold limit is the maximum or minimum level of something that is acceptable or allowed.
• It is used in various fields such as finance, environment, and safety regulations.

• For example, in finance, threshold limit refers to the maximum amount of money that can be transferred without triggering a regulatory review.

• In environmental regulations, threshold limit refers to the maximum amount of a pollutant that can be relea...read more
Answered by AI
Add your answer
Q3. What are acruals with respect to sap terminology
Ans. 
Accruals in SAP terminology refer to the recognition of expenses or revenues that have been incurred but not yet paid or received.
• Accruals are used to ensure that financial statements accurately reflect the financial position of a company.

• They are typically recorded at the end of an accounting period and reversed at the beginning of the next period.

• Examples of accruals include salaries and wages owed to employees, inte...read more
Answered by AI
Add your answer

General English and Reasoning

Q1. Basic questions about last job, Education and Salary
Add your answer

Q1. About insurance domain and what was last job end to end process
Add your answer