Sundaram Business Services Interview Questions, Process, and Tips

General accounting questions like end to en process

Q1. Package of salary and timing for shifts
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Q2. Location of the office
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Its cover logical reasoning

Q1. Basic accounting
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General accounting and cost accounting questions were asked, Small or minor sums or problems were given

Q1. Tell me about yourself
Ans. 
I am a highly motivated and experienced Senior Analyst with a strong background in data analysis and problem-solving.
• Over 5 years of experience in analyzing complex data sets

• Proficient in using statistical software such as SPSS and SAS

• Strong communication skills, able to present findings to stakeholders

• Proven track record of improving business processes through data-driven insights
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Q2. Why did you choose SBS
Ans. 
I chose SBS for its reputation in the industry and opportunities for growth.
• Reputation in the industry for providing high-quality analysis and insights

• Opportunities for career growth and development

• Strong company culture and values aligned with my own

• Impressive track record of success and client satisfaction
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Q1. What do you mean by AR and AP ?
Ans. 
AR stands for Accounts Receivable and AP stands for Accounts Payable.
• AR refers to money owed to a company by its customers for goods or services provided on credit.

• AP refers to money owed by a company to its suppliers for goods or services purchased on credit.

• AR is an asset on the balance sheet, while AP is a liability.

• Examples: AR - outstanding invoices from customers, AP - unpaid bills to suppliers.
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Q2. What is statment of accounts ?
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Statement of accounts is a summary of all financial transactions between a customer and a business over a specific period of time.
• It is a document that shows all transactions, including payments and charges, made by a customer with a business.

• It helps in tracking the financial status of a customer's account with a business.

• Statement of accounts is usually sent periodically, such as monthly or quarterly, to keep custome...read more
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Q3. How to book GST ?
Ans. 
GST can be booked by recording the input and output taxes in the accounting system.
• Record input GST paid on purchases as an expense

• Record output GST collected on sales as revenue

• Ensure accurate classification of GST amounts for different tax rates

• Regularly reconcile GST amounts with tax returns

• Use accounting software to automate GST calculations and reporting
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Q1. Tell me about yourself
Ans. 
I am a highly motivated and detail-oriented Senior Analyst with a strong background in data analysis and problem-solving.
• Over 5 years of experience in analyzing complex data sets and providing actionable insights

• Proficient in statistical analysis and data visualization tools such as Excel, Tableau, and Python

• Strong communication skills with a proven track record of presenting findings to stakeholders

• Experience in devel...read more
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Q2. Past experience
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Accunting related questions

Q1. Journal entries
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Q2. Situation based questions
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Q1. 11th and 12th basic knowledge questions for accounting
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Q2. Schedule 3 format, prepaid expenses meaning, deferred expenses, trading and p and L items and balance sheet items and journal entries
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It's based on general accounting and english grammar knowledge

Q1. Where do you see yourself in 5 years?
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Q2. What are your salary expectations?
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Q3. What is your family background?
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Q4. Tell me about yourself.
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Q1. Basic accounting questions
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