Order to cash interview questions

Usually, if the answer to a brainteaser seems too easy, chances are the answers wrong. And in this case, the answer is not zero degrees. The hour hand, remember, moves as well. That is, in addition to the minute hand. And so, at 3:15, the hour hand and the minute hand are not on top of each other. In fact, the hour hand has moved a quarter of the way between the 3 and 4. This means its moved a quarter of 30 degrees (360 degrees divided by 12 equals 30). So the answer, to be exact, is seven and a half degrees (30 divided by four).

If you have a professional network, discuss it detail (# of contacts, people you know, their positions and what youve learned from them or how youve worked with them). If you dont have one, discuss how you would develop one (career fairs, networking events for that industry, through your existing friends, etc)

The employer would want to know that not only you can do the job but you can make the difference and bring significant contribution – Simple as that. No doubt that this is your time to perform and present yourself – You have to introduce/sell yourself to the interviewer. Prepare your answer based on your qualification, professional experience and what youve already achieved in your previous jobs. This is your time to express why you think that your professional abilities fit into the job and its requirements.

Top 10 employment experience youd want to review:

☛ Companies you worked for with dates

☛ The positions youve held

☛ Key projects and responsibilities

☛ Achievements

☛ Coursework & continues education

☛ Expertise ☛ Tools you used (software, hardware)

☛ Knowledge of languages

☛ Engagement with customers and key industry leaders

☛ Team work you were involved (and your contribution)

There could be a multitude of things to discuss here: Business ethics (wrongdoing), inconsiderate teammates, non-supportive management, a product that does not do what youre promising customers and so forth.

This is a toughie, but one you can be sure youll be asked. Definitely keep things positive-you have nothing to gain by being negative about your past employers. Instead, frame things in a way that shows that youre eager to take on new opportunities and that the role youre interviewing for is a better fit for you than your current or last position. For example, “Id really love to be part of product development from beginning to end, and I know Id have that opportunity here.” And if you were let go? Keep it simple: “Unfortunately, I was let go,” is a totally OK answer.

Ask these questions to determine where you can focus your optimization efforts:

1. Do you have a database to keep track of prospects and opportunities?

2. Is it possible to create a quote for a prospect and convert it to a sales order that creates a new customer without retyping the order or the pricing?

3. Can a customer create a shopping cart online and call in to work with a customer service person to edit the cart?

4. Is the e-commerce site easy to use and easy on the eyes?

5. Do you have a defined IT roadmap and tools for e-commerce and integration?

6. Can pricing be set up in the system to meet the customer’s needs (e.g., waterfall from product category and customer group down to specific SKUs and customers)?

7. Is the pick/pack/ship process driven by paper or by technology (e.g., handheld bar code scanning, pick to voice, etc.)?

8. Are more advanced picking processes driven by technology (e.g. zone picking)?

9. Are other forms of automation being used (e.g. carousels, pick-by-voice, etc.)?

10. Is bank reconciliation automated?

11. Do your customers pay on time, and why or why not?

Order to Cash (O2C or OTC) is nothing but receiving and processing customer sales. This word is more frequently we use in ERP System. That Include following processes :  Customer presence  Order entry (creation of order/booking of order )  Order fulfillment (physical & digital fulfillment)  Distribution  Invoicing  Customer payments/collection  Cash Application  Deductions (If invoice Short Paid by Customer) Thanks RITI

Hi Experts, Have you worked on IDOC’s? Can you list out important t-codes in IDOC’s and their brief explanation for what they are used for in general and specific t-codes which are useful for SAP SD Module? I have interview within 1-2 days? So, I request you to provide solutions to above question as early as possible? Your timely help would be greatly appreciated? Thanks in advance Regards

Order to cash involves the following.

1. Customer Initiating processes like – Orders, Contracts, Scheduling Agreements.

2. Deliveries

3. Billing

4. Payment collection from Customer. Order to Cash ( OTC as it is regularly called ) is used very much in interviews and is an industry standard term. For more information on Order to Cash and exercises on the same, please visit – http://blog.magnatraining.com/2011/02/06/sap-sd-training-order-to-cash-cycle-otc-cycle-jan-2011-batch/

O2C process nothing but Order To Cash Process. Many organization having O2C, P2P (Procurement To Pay), Q2C (Quotation to Cash)etc.. O2C starts from Inquiry or Quotation or from Order depend upon companies business process. Normally 1) O2C is In- Quotation-sales Order-Delivery-TOR (Transfer Of Requirement pass to MRP to create demand) Packing- Picking-Route Determination-PGI-Transportation- Invoice generation (it could be normal invoice & Excise invoice)-Payment Collection. 2) If goods are spoiled/break/not delivery on time to customer or any other reason, he will return material to business for that business creates return delivery. 3) If customer wants replacement- once material is get return business create Susequent free of charge goods sales document with reference to Return order and deliver the same. 4)If customer wants money back- then business creates credit memo request with reference to return order and create credit memo invoice. 5)If business wrongly quoted price/quantity business will create debit memo request to adjust accounting entries These all transaction comes under O2C process or Q2C Process Let me know if u have any doubts contact me to [email protected] Regards, Mohammed Mustafa ERP Consultant Godrej Infotech Ltd Mumbai

Order to cash (OTC or O2C) is a set of business processes that involve receiving and fulfilling customer requests for goods or services. An order to cash cycle consists of multiple sub-processes including: •Customer order is documented

•Order is fulfilled or service is scheduled

•Order is shipped to customer or service is performed

•Invoice is created and sent to customer

•Customer sends payment /Collection

•Payment is recorded in general ledger

FAQ

What is an order-to-cash process?

What is O2C cycle in interview?

What are the 10 most common interview questions and answers for accounting?

• Why do you want to do accountancy?
• Are you able to convey technical information to someone of more or less technical ability? …
• What are your strengths and weaknesses?
• Can you give examples of when you’ve helped a team be successful?
• Why do you want to work for this firm?

What is order-to-cash process in Accenture?