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Posting entries for accounts payable in the P2P process involve recording liabilities and expenses related to purchases.
1. Record the purchase invoice: Debit Inventory/Expense and Credit Accounts Payable.
2. When payment is made: Debit Accounts Payable and Credit Cash/Bank.
3. Adjust for discounts: If early payment discount is taken, adjust the entries accordingly.
Yes, I am open to travel to rural areas for sales as it allows me to reach a wider customer base and understand diverse market needs.
I have previous experience traveling to rural areas for sales in my current role.
I believe that reaching out to customers in rural areas is essential for expanding the business.
I am willing to travel to rural areas to meet sales targets and build strong customer relationships.
Pursuing an MBA enhances my leadership skills, broadens my business acumen, and prepares me for strategic roles in management.
Developing leadership skills through team projects and case studies, like leading a group in a marketing simulation.
Gaining a comprehensive understanding of business functions, such as finance, marketing, and operations, which is crucial for managerial roles.
Networking opportunities with pe...
In five years, I envision myself as a skilled leader, driving team success and contributing to strategic growth in the organization.
I aim to advance to a managerial position, leading a team to achieve key performance indicators.
I plan to enhance my skills through professional development, such as obtaining certifications in management.
I see myself contributing to innovative projects that align with the company's v...
IDBI Bank is a leading financial institution known for its innovative banking solutions and commitment to customer service.
Strong legacy: Established in 1964, IDBI has a rich history in the banking sector.
Diverse services: Offers a wide range of financial products, including retail, corporate, and investment banking.
Focus on innovation: IDBI is known for adopting new technologies, such as mobile banking and digita...
Recovery involves strategic planning, communication, and follow-up to ensure timely debt collection while maintaining positive relationships.
Establish clear communication: Regularly contact the debtor to discuss their situation and payment options.
Offer flexible payment plans: For example, allow them to pay in installments if they are facing financial difficulties.
Document all interactions: Keep records of convers...
Use SQL query to retrieve the names of the top 3 employees with the highest salary.
Use the ORDER BY clause to sort the salaries in descending order.
Use the LIMIT clause to limit the results to the top 3.
Join the employee table with the salary table to retrieve employee names.
I am drawn to the banking sector due to its dynamic nature, opportunities for growth, and the chance to work with diverse clients and financial products.
Opportunities for career growth and advancement
Dynamic and fast-paced environment
Working with diverse clients and financial products
Interest in finance and economics
Building strong relationships and providing personalized services are key to managing HNI clients effectively.
Understand their needs: Conduct thorough research on the client's background and preferences. For example, if they are interested in philanthropy, tailor your approach to include investment opportunities that align with their values.
Personalized communication: Use their preferred communication channels, wh...
Concurrent Sales Audits in Banking are real-time audits conducted to ensure accuracy and integrity of sales transactions.
Concurrent Sales Audits are conducted simultaneously with the sales transactions to detect any discrepancies or fraud in real-time.
These audits help in ensuring compliance with regulatory requirements and internal policies.
They involve reviewing sales transactions, verifying documentation, and r...
I applied via Campus Placement and was interviewed in Dec 2024. There were 2 interview rounds.
Generic GD topic. My topic was 'Is social media good or bad?'
Yes, I am open to travel to rural areas for sales as it allows me to reach a wider customer base and understand diverse market needs.
I have previous experience traveling to rural areas for sales in my current role.
I believe that reaching out to customers in rural areas is essential for expanding the business.
I am willing to travel to rural areas to meet sales targets and build strong customer relationships.
I appeared for an interview before Jul 2024, where I was asked the following questions.
The topic was given and 1 min each was given to each candidate to have their say
I am a dedicated professional with a strong background in management and a passion for team development and operational excellence.
Over 5 years of experience in team leadership, improving productivity by 20% in my previous role.
Skilled in project management, successfully led a cross-functional team to complete a project 2 weeks ahead of schedule.
Strong communication skills, regularly conduct team meetings to ensure ali...
Pursuing an MBA enhances my leadership skills, broadens my business acumen, and prepares me for strategic roles in management.
Developing leadership skills through team projects and case studies, like leading a group in a marketing simulation.
Gaining a comprehensive understanding of business functions, such as finance, marketing, and operations, which is crucial for managerial roles.
Networking opportunities with peers a...
IDBI Bank is a leading financial institution known for its innovative banking solutions and commitment to customer service.
Strong legacy: Established in 1964, IDBI has a rich history in the banking sector.
Diverse services: Offers a wide range of financial products, including retail, corporate, and investment banking.
Focus on innovation: IDBI is known for adopting new technologies, such as mobile banking and digital pay...
I applied via Naukri.com and was interviewed in Aug 2024. There was 1 interview round.
Use SQL query to retrieve the names of the top 3 employees with the highest salary.
Use the ORDER BY clause to sort the salaries in descending order.
Use the LIMIT clause to limit the results to the top 3.
Join the employee table with the salary table to retrieve employee names.
I appeared for an interview in Mar 2025, where I was asked the following questions.
I appeared for an interview in Apr 2025, where I was asked the following questions.
I appeared for an interview in Feb 2025, where I was asked the following questions.
Detail-oriented professional with a background in finance and operations, eager to contribute to team success as a Back Officer.
Education: Bachelor's degree in Finance from XYZ University.
Experience: 3 years as a financial analyst at ABC Corp, focusing on data analysis and reporting.
Skills: Proficient in Excel and financial software, with strong analytical and problem-solving abilities.
Achievements: Streamlined reporti...
I am passionate about supporting operations and ensuring efficiency in the back office to contribute to overall organizational success.
I enjoy problem-solving and optimizing processes, which is crucial in a back office role.
My organizational skills help maintain accurate records and streamline workflows, enhancing productivity.
I believe in the importance of teamwork and communication, ensuring that all departments func...
I aspire to grow professionally, contribute to my team, and develop skills that enhance my career in the banking sector.
Aim to advance to a managerial position within the next five years, leading a team to achieve operational excellence.
Desire to enhance my analytical skills through relevant certifications, such as Six Sigma or project management.
Plan to contribute to process improvement initiatives that streamline ope...
I applied via AmbitionBox and was interviewed in Nov 2024. There was 1 interview round.
Recovery involves strategic planning, communication, and follow-up to ensure timely debt collection while maintaining positive relationships.
Establish clear communication: Regularly contact the debtor to discuss their situation and payment options.
Offer flexible payment plans: For example, allow them to pay in installments if they are facing financial difficulties.
Document all interactions: Keep records of conversation...
I applied via Company Website and was interviewed in Dec 2024. There was 1 interview round.
Coding decoding, english
I appeared for an interview in Oct 2024, where I was asked the following questions.
I want this job to leverage my sales expertise, drive team success, and contribute to the company's growth and innovation.
I am passionate about building strong client relationships, as demonstrated in my previous role where I increased client retention by 30%.
I thrive in a competitive environment and have consistently exceeded sales targets, achieving 120% of my quota last year.
I am excited about leading a team, mentor...
I expect a competitive salary that reflects my experience and the industry standards for a Sales Manager role.
Research industry standards: For example, Sales Managers in my region typically earn between $70,000 and $100,000 annually.
Consider my experience: With over 5 years in sales and proven success in exceeding targets, I believe a salary in the higher range is justified.
Include performance incentives: I am open to ...
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The duration of IDBI Bank interview process can vary, but typically it takes about less than 2 weeks to complete.
based on 72 interview experiences
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based on 1.7k reviews
Rating in categories
Assistant Manager
699
salaries
| ₹9.4 L/yr - ₹16.6 L/yr |
Manager
622
salaries
| ₹15 L/yr - ₹26.1 L/yr |
Assistant General Manager
424
salaries
| ₹22 L/yr - ₹36.1 L/yr |
Deputy General Manager
191
salaries
| ₹26.5 L/yr - ₹45 L/yr |
Senior Sales Executive
174
salaries
| ₹1.6 L/yr - ₹4 L/yr |
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