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Powersoft Global Solutions Process Associate Interview Questions and Answers
5 Interview questions
A 3-way match is a process used in procurement to ensure accuracy by comparing the purchase order, invoice, and receipt.
Involves three documents: Purchase Order (PO), Invoice, and Goods Receipt.
Ensures that the quantity and price on the invoice match the PO.
Confirms that the goods received match what was ordered.
Example: If a company orders 100 units of a product, the invoice should reflect that same quantity and ...
Legal validations of an invoice ensure compliance with laws and regulations, confirming its authenticity and accuracy.
Verification of supplier details: Ensure the supplier's name, address, and tax identification number are accurate.
Invoice date: Check that the invoice date is within the acceptable timeframe for payment and aligns with the delivery of goods/services.
Tax compliance: Confirm that applicable taxes (e....
Accounts payable is the process of managing and processing a company's obligations to pay off short-term debts to its creditors.
Involves receiving and verifying invoices from suppliers.
Ensures that goods/services received match the purchase order.
Processes payments to vendors within agreed terms to maintain good relationships.
Utilizes software systems for tracking and managing payables efficiently.
Example: A compa...
BRS stands for Business Requirements Specification, detailing project requirements and expectations.
BRS outlines the business needs and objectives for a project.
It serves as a communication tool between stakeholders and developers.
Example: A BRS for a new software application may include user requirements, system features, and performance metrics.
BRS is often created before the Functional Requirements Specificatio...
Golden rules of accounting guide how to record financial transactions accurately.
1. Debit what comes in, credit what goes out. Example: When cash is received, debit cash account.
2. Debit the receiver, credit the giver. Example: When a service is provided, debit the accounts receivable.
3. Debit all expenses and losses, credit all incomes and gains. Example: When a sale is made, credit the sales account.
Powersoft Global Solutions Process Associate Interview Experiences
1 interview found
JAGAN C
Selected
I appeared for an interview before Apr 2024, where I was asked the following questions.
- Q1. Explain about Accounts payable process
- Q2. Golden rules of accounting
- Q3. What is BRS
- Ans.
BRS stands for Business Requirements Specification, detailing project requirements and expectations.
BRS outlines the business needs and objectives for a project.
It serves as a communication tool between stakeholders and developers.
Example: A BRS for a new software application may include user requirements, system features, and performance metrics.
BRS is often created before the Functional Requirements Specification (FR...
- Q4. What is 3 way match
- Q5. What are legal validations of an invoice
- Ans.
Legal validations of an invoice ensure compliance with laws and regulations, confirming its authenticity and accuracy.
Verification of supplier details: Ensure the supplier's name, address, and tax identification number are accurate.
Invoice date: Check that the invoice date is within the acceptable timeframe for payment and aligns with the delivery of goods/services.
Tax compliance: Confirm that applicable taxes (e.g., V...
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Interview questions from similar companies
Anonymous
I applied via Referral and was interviewed before Mar 2020. There were 3 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Prepare about the journal entrys and accounts basics
- Ans.
Journal entries are fundamental to accounting, recording financial transactions in a systematic manner.
A journal entry consists of a date, accounts affected, amounts, and a description.
Example: If a company sells goods for $500 cash, the entry would be: Debit Cash $500, Credit Sales Revenue $500.
Debits increase asset or expense accounts and decrease liability or equity accounts.
Credits increase liability or equity acco...
- Q2. If your experianced explain your job responsibilities confidently
Interview Preparation Tips
I applied via Walk-in and was interviewed before Jun 2021. There were 2 interview rounds.
HR told about the company on the first day, how it works, told the rules, showed the management and a lot
Interview Preparation Tips
- Safery
- Environment
- Cleaning
I applied via Naukri.com and was interviewed before May 2021. There were 3 interview rounds.
It was very easy and try to practice RS Awargal book
Basic interview questions
(2 Questions)
- Q1. Just prepare HR questions
- Q2. What is the advantage of working in teams
Interview Preparation Tips
- Coding
- Maths
I applied via Naukri.com and was interviewed before Apr 2021. There was 1 interview round.
(1 Question)
- Q1. Are you comfortable with 24/7 shift
Interview Preparation Tips
I applied via Company Website and was interviewed in May 2019. There were 4 interview rounds.
Interview Questionnaire
5 Questions
- Q1. About your self
- Ans.
Experienced Senior Associate with a strong background in project management and team leadership, dedicated to driving results and innovation.
Over 7 years of experience in project management, successfully leading cross-functional teams to deliver projects on time and within budget.
Expert in data analysis and strategic planning, having implemented a new reporting system that improved efficiency by 30%.
Strong communicatio...
- Q2. About your previous company and job profile
- Q3. How do you relate your previous job profile with the profile you are applying
- Ans.
My previous role equipped me with skills in project management, data analysis, and team collaboration, aligning well with this position.
Managed multiple projects simultaneously, ensuring timely delivery and adherence to quality standards.
Conducted data analysis to identify trends, which informed strategic decisions and improved operational efficiency.
Collaborated with cross-functional teams to enhance communication and...
- Q4. Any thing extra ordinary you have done in your previous company (s) that has changed your business
- Ans.
Implemented a new customer feedback system that increased customer satisfaction by 20%
Implemented a new customer feedback system to gather insights and improve customer experience
Analyzed feedback data to identify common issues and areas for improvement
Implemented changes based on feedback to address customer concerns and enhance overall satisfaction
Trained team members on how to effectively use the new system and inte...
- Q5. Hobbies and all
- Ans.
I enjoy hiking, reading, and volunteering, which help me stay active, expand my knowledge, and give back to the community.
Hiking: I love exploring nature trails and challenging myself with new hikes, like my recent trip to the Appalachian Trail.
Reading: I read a variety of genres, from fiction to biographies, and recently finished 'Sapiens' by Yuval Noah Harari.
Volunteering: I dedicate time to local shelters, helping o...
Interview Preparation Tips
Have proper knowledge about your work experience
Make your CV precis and do adhere to it
Be honest
Sumit Kateria
I applied via Naukri.com and was interviewed in Nov 2019. There were 5 interview rounds.
Interview Questionnaire
2 Questions
- Q1. Regarding my previous experience
- Q2. A long lengthy order management questionnaire was given and we were asked to write 5 emails based on the order management.
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Sep 2021. There were 2 interview rounds.
(1 Question)
- Q1. What is Accounts Payables?
Interview Preparation Tips
I applied via Naukri.com and was interviewed before Apr 2020. There were 5 interview rounds.
Interview Questionnaire
1 Question
- Q1. Basic questions only ... regarding job and experience
Interview Preparation Tips
Interview Questionnaire
1 Question
- Q1. Tell me something about your self, your hobbies, why you want to join this organization.
- Ans.
I am a dedicated professional with a passion for continuous learning and a love for outdoor activities, eager to contribute to your team.
I have over five years of experience in project management, successfully leading teams to deliver projects on time and within budget.
In my free time, I enjoy hiking and photography, which helps me stay active and appreciate nature's beauty.
I am drawn to your organization because of it...
Interview Preparation Tips
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