Perto Store Executive Interview Questions and Answers

GRN stands for Goods Receipt Note, a document confirming the receipt of goods in a store or warehouse.

• GRN is used to verify that the quantity and quality of goods received match the purchase order.

• It serves as a record for inventory management and helps in tracking stock levels.

• Example: A store receives 100 units of a product; the GRN confirms this receipt.

• GRNs are essential for accounting, as they help in matching inv...read more

SAP stands for Systems, Applications, and Products in Data Processing, a leading enterprise resource planning software.

• SAP was founded in 1972 in Germany and has grown to be a global leader in ERP solutions.

• It integrates various business processes, including finance, HR, and supply chain management.

• SAP offers various modules like SAP FICO (Finance and Controlling) and SAP MM (Materials Management) tailored for specific...read more

FIFO (First In, First Out) is an inventory management method ensuring older stock is sold before newer stock.

• FIFO is commonly used in food and beverage industries to prevent spoilage.

• In a grocery store, milk with an earlier expiration date is placed in front of newer stock.

• FIFO helps maintain product freshness and reduces waste.

• This method is crucial for managing perishable goods effectively.

GE in SAP refers to General Entry, a key process for recording financial transactions in the system.

• General Entry (GE) is used for posting financial transactions in SAP.

• It allows users to record debits and credits for various accounts.

• Example: Posting a vendor invoice involves creating a GE to debit the expense account and credit the accounts payable.

• GE can be used for adjustments, corrections, and other financial entr...read more

RGP (Regular Goods Payment) and NRGP (Non-Regular Goods Payment) challans are payment documents used in various transactions.

• RGP challan is used for regular goods transactions, ensuring proper documentation and payment.

• NRGP challan is utilized for non-regular goods, often involving special cases or exceptions.

• Both challans are essential for maintaining financial records and compliance in business operations.

• Example: An...read more

Store responsibility encompasses inventory management, customer service, staff supervision, and maintaining store standards.

• Inventory Management: Ensuring stock levels are adequate and products are organized. For example, conducting regular stock audits.

• Customer Service: Providing assistance and resolving issues for customers, such as handling returns or complaints effectively.

• Staff Supervision: Training and managing s...read more