Mention what features are available in Tally ERP 9 for Accounting?

Are you ready to ace your upcoming job interview? It's important to be prepared to respond effectively to the questions that employers typically ask at interview. Since these job interview questions are so common, hiring managers will expect you to be able to answer them smoothly and without

So you’re prepared for some of the more challenging questions that may come up during the interview.

Mention what features are available in Tally ERP 9 for Accounting?

• For Accounting Tally ERP 9 offers
• Outstanding Management
• Cost/Profit Centers Management
• Invoicing
• Budget/Scenario Management
• Other features like Cheque Printing, etc.

Mention what are the functional enhancement or features included into Tally ERP 9?

• E-mailing option: Users can send accounting reports to multiple recipients along with an additional facility like Net-banking and Printing in various format is provided.
• Accounting Voucher: A new type of numbering feature is added to the voucher, it ensures that the voucher are numbered sequentially
• Print Bank Transaction Details: It provides an option to take the print of bank details on formal receipt
• Credit Limits: The Credit Limit control set for a party ledger will not be applied on sales order. A warning or alert message will pop up on the credit limit, and user can still save the voucher
• CST: Even in a simple format the CST form details entered in the invoice will get printed
• Excise for Manufacturers: All details related to buyers and suppliers can be displayed in the voucher also daily stock register can be maintained according to date wise, multi items types and Tariff wise
• Inventory Vouchers: For inventory section, you can now mention the Godown address and also print the name
• Payroll: New TALLY ERP 9, enables processing of salary according to the National Pension Scheme
• Service Tax: Under journal vouchers, the taxable amount, taxable percentage and notification number will be showed in the service tax details. Auto adjustment of service tax payable can be done against service tax input credit and cenvat
• VAT Option: Recording multiple items with different VAT rates is possible by configuring the setting of “Default Accounting Allocations for Selected Item In Invoice.”
• Tax Audit: Form like 3CB, 3CD and 3CA have been updated as per the requirements of CBDT
• XBRL: The document is constrained to only those companies that have the nature of the report set to consolidated

Top 7 interview questions and answers.

Explain how you would be an asset to this organization

You should be anxious for this question. It gives you a chance to highlight your best points as they relate to the position being discussed. Give a little advance thought to this relationship.

What is your greatest strength?

Numerous answers are good, just stay positive. A few good examples: Your ability to prioritize, Your problem-solving skills, Your ability to work under pressure, Your ability to focus on projects, Your professional expertise, Your leadership skills, Your positive attitude

What have you done to improve your knowledge in the last year?

Try to include improvement activities that relate to the job. A wide variety of activities can be mentioned as positive self-improvement. Have some good ones handy to mention.

What experience do you have in this field?

Speak about specifics that relate to the position you are applying for. If you do not have specific experience, get as close as you can.

What kind of salary do you need?

A loaded question. A nasty little game that you will probably lose if you answer first. So, do not answer it. Instead, say something like, That’s a tough question. Can you tell me the range for this position? In most cases, the interviewer, taken off guard, will tell you. If not, say that it can depend on the details of the job. Then give a wide range.

Describe a typical work week for you.

Interviewers expect a candidate for employment to discuss what they do while they are working in detail. Before you answer, consider the position you are applying for and how your current or past positions relate to it. The more you can connect your past experience with the job opening, the more successful you will be at answering the questions.

It should be obvious that it’s not a good idea talk about non-work related activities that you do on company time, but, I’ve had applicants tell me how they are often late because they have to drive a child to school or like to take a long lunch break to work at the gym.

Keep your answers focused on work and show the interviewer that you’re organized (“The first thing I do on Monday morning is check my voicemail and email, then I prioritize my activities for the week.”) and efficient.

Do you have any questions for me?

Always have some questions prepared. Questions prepared where you will be an asset to the organization are good. How soon will I be able to be productive? and What type of projects will I be able to assist on? Are examples.

How to answer interview questions 

Whatever your answers are, don’t be tempted to improvise or answer on the spur of the moment. It’ll never come out as well as you’d hoped.

It doesn’t need to be scripted, but knowing why you want the job and what your strengths and weaknesses are should be a standard part of your preparation process and just as important as your pre-interview research.

It’s also essential to consider that you’ll not just be judged on your CV. Getting across your personality is of equal importance. In other words, don’t just think about your answers, but think about what they say about you.

Ultimately, you need to be likeable and display the parts of your personality that will make you attractive to prospective employers (engaging, dedicated, hard working etc). Entering a competitive interview, with the right mindset can really set you apart.

Finally, to avoid any awkward silences, never assume that the hiring manager has a sense of humour.

Just in case…

Find out more about how to 47 Interview Questions And Answers to demonstrate your key competencies during an interview.