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Vasu Business Solutions Executive Accountant Interview Questions, Process, and Tips for Experienced
Vasu Business Solutions Executive Accountant Interview Experiences for Experienced
1 interview found
Anonymous
Selected
I applied via Walk-in and was interviewed in Mar 2023. There was 1 interview round.
(9 Questions)
- Q1. Introduce yourself. 1.Why are you looking for a job change?
- Ans. My name is shalu. I'm from faridabad I completed my graduation in commerce from md University. I have a total experience of 4 years & currently I'm not working I leave my job 20th Jan 2023. And my job responsibilities are. 1. 2 way match 2. 3 way match 3.po and non po based invoice processing 4.i do working different Tcodes FB60, FV60, FBL1N ,ME23N, 5.i have working knowledge of Excel vlookup, sumif,pivot table, 6. C...
- Q2. What is you current CTC or expected ctc
- Ans.
I am currently earning a CTC of $X, and my expected CTC is $Y.
My current CTC is $X.
I am expecting a CTC of $Y.
I believe my skills and experience justify this expected CTC.
- Q3. What is your notice period
- Ans. My notice period is immediate or less then 15 days
- Q4. Are u comfortable morning shift
- Ans.
Yes, I am comfortable with morning shifts.
I am a morning person and perform my best during the early hours of the day.
I have previous experience working morning shifts and have adapted well to the schedule.
I understand the importance of being available and ready to work during business hours.
I am flexible and can adjust my sleep schedule accordingly to ensure I am well-rested for morning shifts.
- Q5. Why should I hire you
- Ans. With reference to my job profile I satisfy all the requirements for this job. I have a 4 years experience in ap that is the key requirements for this job My excel expertise makes me different from others. And being a young one I can accommodate in any shift and strech as per the process requirment
- Q6. Why do you want to join this company
- Q7. It's a well known brand and provides great facilities and environment to its employes it will be previliage for me to work with such as a brand everyone want to be a part of it
- Q8. What is 2 way match and 3 way match
- Ans.
2 way match is a comparison of the invoice and purchase order, while 3 way match includes the receipt of goods as well.
2 way match compares the invoice and purchase order to ensure they match
3 way match includes the receipt of goods to verify all three documents match
2 way match is commonly used for non-inventory items, while 3 way match is used for inventory items
In a 2 way match, the quantity and price on the invoice...
- Q9. What is po and non po based invoices?
- Ans.
PO and non-PO based invoices are two different types of invoices used in accounting.
PO-based invoices are generated when a purchase order is issued by a buyer to a supplier before the goods or services are received.
Non-PO based invoices are generated when there is no purchase order involved, and the invoice is based on an agreement or contract between the buyer and supplier.
PO-based invoices require matching with the c...
Interview Preparation Tips
- Account payable
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Interview questions from similar companies
(2 Questions)
- Q1. What is Accounts payable
- Ans.
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
- Q2. What is Bank reconcilation statment
- Ans.
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...
Selected
I applied via Recruitment Consulltant and was interviewed in Mar 2024. There was 1 interview round.
(6 Questions)
- Q1. Account inventory
- Q2. Working according to online work
- Q3. Approval purchase order
- Q4. GST work tally work
- Q5. Excel workbook working on system
- Ans.
Excel workbooks can be used to organize and analyze financial data efficiently.
Excel workbooks allow for the creation of multiple sheets within a single file for organizing different types of financial data.
Formulas and functions can be used in Excel to perform calculations and analysis on financial data.
Excel workbooks can be customized with charts and graphs to visually represent financial data.
Data can be imported a...
- Q6. Online returns fille
Interview Preparation Tips
Skills evaluated in this interview
Selected
I applied via Naukri.com and was interviewed in Jun 2024. There was 1 interview round.
(2 Questions)
- Q1. Journal related
- Q2. Gst related aur tally related
Selected
I applied via Naukri.com and was interviewed in Nov 2023. There were 2 interview rounds.
(2 Questions)
- Q1. About previous experience
- Ans. It's good and i taking care invoice processing and vendor payments checking.
- Q2. About my family background
- Ans. We have a 4 members in my family and they doing well. My parents are doing agriculture and my brother is lifeguard in wonderla.
Interview Preparation Tips
Selected
I applied via Naukri.com and was interviewed in Apr 2023. There were 2 interview rounds.
(4 Questions)
- Q1. What are a three golden rules
- Ans.
The three golden rules of accounting are the principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and credit the giver.
The second golden rule is the Real Account rule, which states that debit what comes in and credit what goes out.
The third golden rule is the Nominal Account rule, which states that debit all expenses and l
- Q2. Just for information GAAP
- Ans. These Accounting concepts or principles are known as Generally accepted Accounting Principles (GAAP)
- Q3. What is GST? Ans - GST full form Goods & services Tax . GST is a indirect Tax. Always GST in go to Supply &services
- Ans.
GST is an indirect tax on the supply of goods and services in India.
GST stands for Goods and Services Tax.
It is a comprehensive tax levied on the supply of goods and services in India.
It is a destination-based tax, which means that it is levied at the point of consumption.
GST has replaced multiple indirect taxes like excise duty, service tax, VAT, etc.
It has simplified the tax structure and made it easier for businesse
- Q4. What is Income Tax? This is Direct Tax. It is valuet in annual Income .
- Ans.
Income tax is a direct tax levied on an individual's or entity's income by the government.
It is calculated as a percentage of the income earned by an individual or entity.
The tax rates vary depending on the income bracket and the tax laws of the country.
The tax collected is used by the government to fund public services and infrastructure.
Examples of income that are subject to income tax include salaries, wages, rental...
Interview Preparation Tips
Udaya Kumar M
I applied via Recruitment Consulltant and was interviewed in May 2023. There were 4 interview rounds.
Multiple choice almost 50 questions passing marks 35
(3 Questions)
- Q1. Role , Behaviour , experience
- Q2. Knowledge of project, regarding education
- Q3. Certification, situation based questions
(2 Questions)
- Q1. Final round about profile and salary package
- Q2. Joining dates, submission documents
Interview Preparation Tips
I applied via Company Website and was interviewed before Sep 2021. There were 2 interview rounds.
(2 Questions)
- Q1. (1).What does Tally accounting mean? Ans :Tally accounting is an ERP software that is used by small as well as large businesses for business functionalities like accounting,finance,inventory,payroll,etc.....
- Ans.
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
- Q2. (3).what is the difference between capital and revenue transaction? Ans :accounting involves two types of business transactions. Capital and Revenue Revenue transactions refers to the transactions relati...
Interview Preparation Tips
- HTML
Interview Questionnaire
1 Question
- Q1. Process regards
Mansi Kamra
I applied via Referral and was interviewed before Dec 2016. There were 3 interview rounds.
Interview Questionnaire
1 Question
- Q1. Ind as, Companies act 2013,
Interview Preparation Tips
Experience: Revenue recognition standard
General Tips: Be confident since this is the primary skill seeked by the people here
Skills: Communication
Duration: 1-4 weeks
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Vasu Business Solutions Executive Accountant Reviews and Ratings
based on 7 reviews
Rating in categories
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Executive Accountant
93
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|  ₹2.4 L/yr - ₹3.8 L/yr |
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Accounts Associate
9
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| ₹2.8 L/yr - ₹3.2 L/yr |
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