Account Exeutive

Account Exeutive Interview Questions and Answers

Updated 9 Aug 2024
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Q1. What are T Codes used in SAP?

Ans.

T Codes are transaction codes used in SAP to access specific functions or programs.

  • T Codes are shortcuts to access various transactions in SAP.

  • Each T Code represents a specific function or program in SAP.

  • T Codes are used to perform tasks such as creating, modifying, or viewing data in SAP.

  • Examples of T Codes include SE16 (Data Browser), FB01 (Enter Incoming Invoices), and ME21N (Create Purchase Order).

Q2. On which T code are you currently working on ?

Ans.

I am not currently working on any specific T code.

  • I am familiar with various T codes and can quickly learn any new ones required for the job.

  • I have experience working with T codes such as T-code FBL3N for displaying GL account balances and T-code FB50 for posting journal entries.

  • I am proficient in using SAP and can navigate through different modules and transactions with ease.

Q3. Factors to keep in mind when designing a website for a client

Ans.

Factors to consider when designing a website for a client

  • Identify the target audience and design accordingly

  • Ensure the website is user-friendly and easy to navigate

  • Optimize the website for search engines

  • Make the website responsive and mobile-friendly

  • Consider the client's branding and incorporate it into the design

  • Include clear call-to-action buttons and contact information

  • Ensure the website loads quickly and is optimized for performance

  • Test the website on different browsers a...read more

Q4. On which module of SAP are you working on ?

Ans.

I am currently working on the Sales and Distribution (SD) module of SAP.

  • My responsibilities include managing customer orders, pricing, and delivery schedules.

  • I also handle billing and invoicing processes, as well as managing customer master data.

  • I have experience in configuring and customizing the SD module to meet specific business requirements.

  • Some of the key transactions I work with include VA01 (create sales order), VL01N (create delivery), and VF01 (create invoice).

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Q5. What is bank reconciliation

Ans.

Bank reconciliation is the process of comparing a company's bank statement with its own accounting records.

  • It helps to identify any discrepancies between the two records

  • It ensures that all transactions are accurately recorded

  • It involves matching deposits, withdrawals, and other transactions

  • It helps to prevent fraud and errors

  • Examples of items that may need to be reconciled include checks, bank fees, and interest

Frequently asked in,

Q6. What is Amortization ?

Ans.

Amortization is the process of spreading out a loan or investment into a series of fixed payments.

  • It involves paying off a debt over time with regular payments

  • Each payment includes both principal and interest

  • The amount of interest decreases over time as the principal balance decreases

  • Examples include mortgage payments and car loans

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Q7. What is prepaid expenses ?

Ans.

Prepaid expenses are expenses paid in advance but not yet incurred.

  • Prepaid expenses are recorded as assets on the balance sheet

  • They are gradually expensed over time as they are used or consumed

  • Examples include prepaid rent, insurance premiums, and subscriptions

  • Prepaid expenses are common in industries such as real estate and insurance

Q8. What is outstanding expenses?

Ans.

Outstanding expenses are expenses that have been incurred but not yet paid.

  • These expenses are recorded in the balance sheet as a liability.

  • Examples include rent, utilities, and salaries that have been accrued but not yet paid.

  • Outstanding expenses are also known as accrued expenses.

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Q9. Do you know the filing of GST?

Ans.

Yes, I am familiar with the filing of GST.

  • GST stands for Goods and Services Tax, a value-added tax levied on most goods and services sold for domestic consumption.

  • Filing GST involves submitting regular returns and payments to the tax authorities.

  • It is important to accurately report all sales and purchases to calculate the correct amount of GST owed.

  • Different countries have different GST regulations and filing requirements, so it is important to stay updated on the latest guid...read more

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