Accounts Receivable
Accounts Receivable Interview Questions and Answers
Q1. Golden rule and types of accounts
The golden rule of accounts receivable is to collect payment as soon as possible. Types of accounts include trade, non-trade, and bad debt.
The golden rule is to collect payment as soon as possible
Trade accounts are for customers who purchase goods or services on credit
Non-trade accounts are for customers who owe money for reasons other than purchasing goods or services on credit
Bad debt accounts are for customers who are unlikely to pay their debts
Accounts receivable can be c...read more
Q2. and explain about Helpshift culture
Helpshift culture is focused on collaboration, innovation, and customer success.
Collaboration is encouraged through cross-functional teams and open communication channels.
Innovation is fostered through hackathons, idea sharing, and experimentation.
Customer success is a top priority, with a focus on delivering exceptional support and solutions.
The company values diversity, inclusion, and work-life balance.
Employees are encouraged to take ownership of their work and are given o...read more
Q3. Speak 10 mins on recent traveling experience.
Recently traveled to Europe for two weeks, visited multiple countries and experienced diverse cultures.
Visited France, Italy, and Spain during the trip
Explored historical landmarks such as the Eiffel Tower and Colosseum
Tried local cuisines like croissants in Paris and paella in Barcelona
Interacted with locals to learn about their customs and traditions
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