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Fund Flow and Cash Flow
What is Fund flow and Cash flow? How to prepare Cash & fund flow statements?
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Vehicle Allowance
A firm has four technicians, they use their own motorbike for sales purpose, petrol expenses are met by the firm. but can the firm give or make a reserve/provision for meeting the repairs of their vehicles. If so, then what will be journal entry?
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Manual Debtors & Creditors Reconciliation
How would you do the Debtors & Creditors Reconciliation manually?
What are the steps you do for Debtors & Creditors Reconciliation manually? -
Account Payable and Account Receivable Reconciliation
What is Account Payable and Account Receivable Reconciliation?
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Nominal Ledger
What actually is a nominal ledger. I agree that a NOMINAL ACCOUNT includes all the profit losses purchase and sale But As a nominal accounts are kept inside nominal ledger, my accounting book has included CAPITAL as being in nominal ledger. Please explain what actually is it. What is the difference between nominal ledger and nominal nominal account. and how capital is in nominal account.
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Redundancy Payment
How do you calculate Redundancy payment?
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Order to Cash Process GL Impacts
What GL accounts are impacted during a typical Order to Cash process? During the Sales Order stage, the Fulfillment stage, Invoicing Stage, etc.
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Handling Complex Financial Project
Describe a time when you had to handle a complex financial project with tight deadlines that required precision?
Application of relevant laws, codes & regulations ?
Auditing principles & practices ?
Analysis & reporting of financial data? -
VAT Submission to SARS
If my VAT input is a debit R 2000 (more credit notes issued than invoices) and I have input VAT of R 1000 - therefore my VAT claim is R 3000. How would I complete the SARS VAT201 form as it does not allow a negative standard rate to be entered
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Practical auditing
My question is brief of auditing wages, and income from hire purchase agreement?
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Cash Management Service
What is the difference between Payments-Liquidation(Disbursements) & Dividend Warrants Liquidation? Both of these products comes under Cash Management services
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Documentation on templates of ASAP Methodologies
Blueprint template for FI/CO (Financial Accounting & Controlling, A/P (Accounts Payable) & A/R (Accounts Receivable)?
Documentation on templates of ASAP Methodologies? -
What is the asset for cooperative society bank?
In cooperative society bank which item represent the asset side of balance sheet?
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Accounting for a lawsuit
I had a limited company that I sold in 2006. One of my employees brought a employer practices lawsuit against me in 2004. I continued to have legal expenses relating to this suit until 2008 but did not have any income to offset the expenses in 2007 and 2008. Can I put most of those expenses in 2006 when the company was sold?
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Bank Reconciliation
What are the entry that get generateted in bank reconciliation both cheque and wire base?
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Process & guidelines to prepare stock transfer invoice.
What are the process & guidelines to prepare stock transfer invoice from one plant to other plant having same vendor code?
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Rate Per cent Per Annum
The simple interest on a sum of money is 1/9 th of the sum and the number of years and the rate per cent per annum are equal. What is the rate per cent per annum?
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Accounting Interview Questions
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