Reason of fail in interview

1) Preparation  

The most important aspect of the interview is the preparation that the candidate undertakes. Applicants can make their life a lot easier by making sure that they are well prepared before they even leave for the interview. For instance, those who are dedicated in their search for a new job can often have several interviews lined up at any one time. If those who are in this situation get confused or mix up interview dates, it can demonstrate poor organisational skills and can obviously be detrimental to interview success.

2) Not impressing with your dressing:

It is amazing how many applicants really do not consider what they are wearing to an interview. There are those who really do turn up to an interview in just jeans and a t-shirt. This does not look professional to the interviewer and can seem like the interviewee has no real intention of pursuing the job. No matter how ‘cool’ or trendy the organisation is, it is always better to be overdressed than under dressed.

It is not just dressing in the right clothes that can make the difference. Having the clothes freshly cleaned and professionally ironed is a huge benefit. Wearing a creased shirt or trousers shows poor organisation and a lack of personal care.

4) Not doing the correct research:

Spend some time researching the company. Often one of the first questions asked in an interview is “what do you know about X?” By showing your knowledge of the company to the interviewer, you can demonstrate that you are organised and have done the research.

However candidates should also prepare relevant questions for the interviewers. Not having questions which impress the recruiter is particularly damaging and can demonstrate a lack of commitment or understanding for the job that has been applied for. Of course the interviewee shouldn’t field questions which the interviewer will struggle to answer or may be seen as a challenge to their authority. A good place to start is enquiring further into aspects of the job role and the future career progression that can be made. Do not ask about holiday or benefits though.

Building a relationship with the interviewer by asking about how they have achieved their career and what interests they have; can build commonality and is highly recommended. Building this commonality between the two of you can help you direct your questions in a more relevant manner and bring up subjects of interest. This will give you a better chance to be memorable to the employer and a higher chance of success in the process.

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Importance of the Management Information System

Management Information Systems (MIS) not only include software systems, but the entire set of business processes and resources that are used to pull together information from functional or tactical systems. Data is then presented in a user-friendly and timely manner so that mid and upper-level managers can use it to take the right actions. The entire system is designed so that the company will meet its strategic and tactical goals.

Significance

Organizations have multiple functional systems. These usually include sales systems, call center systems, financial systems, inventory systems, logistic systems and more. MIS combines information from multiple systems. This helps management staffers better understand their own departments' contributions. In many cases, the combination of data, such as sales figures combined with available inventory, help the manager take the appropriate action in order to meet the customer's needs.

Function

The primary function of MIS is to help a manager take an action, answer a question or ask the right question. The questions or actions should directly relate to tactical or strategic goals. A sales manager who uses projections from the financial systems to compare with actual sales from the sales system can better gauge whether goals will be met. If the target is not going to be met, then the manager and his group can review their past actions and make necessary changes in order to increase sales and meet goals.

Types

MIS is not necessarily a specific combination of functional systems , but instead is created based upon the business need. CRM (Customer Relationship Management) systems combine data that relates directly to the customer experience. ERP (Enterprise Resource Systems) combine data used in the entire sales process. Decision Support Systems or Data Warehouse often combine summary data from multiple systems in order to show executives a snapshot view of the entire organization.

Considerations

Prior to starting an MIS project, organizations need to carefully review the transactional systems, the business processes and the needs of management within an organization. As an MIS project grows, so does the cost of implementing a solution, managing the information processes and monitoring daily activities. The result of an MIS project must provide value back to the organization in order to be worth the cost.

Misconceptions

Many managers mistakenly believe that, for MIS to be effective, all data from all systems must be combined. The value of MIS is based upon how much it can help managers manage. If this means bringing just the data needed from several systems and ignoring the rest  for now, the end result still has worth, which is the ultimate goal of MIS.

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How to Delete company in Tally ERP.9

• I am assuming you are at the Gateway of Tally in any one of your companies.
  • Press ALT+F3 from Gateway of Tally. That will take you to Company Info. menu.
  
  
  
  
  
  
  
  • Now you will see Company Info. Menu. Select Alter from the menu or simply press A. 
  
  
  
  
  
  Pressing A is a shortcut.
  
  
  • Now, you will see a list of companies which are present in your Tally on your computer. Select the one which you want to delete and press Enter.
  
  
  
  
  
  • You will see a Company Alteration screen. It is just like the screen when you first created a company.
    
  
  
  A quick note: If you want to edit something like Name, address or other details, you forgot or you typed in wrong while creating a company, you can do it here.
  
  • Now, here comes the main and the last step which is deleting a company.
  • Press ALT+D.
  • Tally will ask you YES or NO for your confirmation.
  • Press Enter and it will ask you one more time. Are you Sure?
  • Press Enter and your company will get deleted instantly.
  This is how you can delete a company in Tally. The process is simple and easy but the lack of display of an option makes it difficult to understand it and find it.
  
  Have you ever wanted to delete a company in Tally and Why? Answer it in comments and let me know.
  
  

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Tax manager job description

This tax manager job description it is  optimised for posting in online job boards or careers pages and easy to customise for your company.

A. RESPONSIBILITIES AND SPECIFIC DUTIES (LIST IN ORDER OF IMPORTANCE): -

• Review and manage staff deliverables including tax returns, extensions, tax planning calculations, and write-up work for all entity types (C-Corp, S-Corp, Partnership, Fiduciary, Non Profit, gift, multi state and TX franchise). 

• Review Compiled financial statements for Corporations, Not for Profit entities, Partnerships, and Individuals, including workpapers, accounting and adjusting entries, bank reconciliations, and client books and records. 

• Prepare and review complex tax planning projections for individual and corporate estimated tax liability. 

• Manage and monitor client deliverables and due dates. 

• Prepare complex U.S. and multi-state income tax returns for business entities, including consolidated and non consolidated C-corporations, S-Corporations, Partnerships, Fiduciary, and Non-Profit Organizations.

• Prepare complex U.S. and state individual income, gift tax, and estate tax returns.

• Conduct complex tax research and prepare memorandum outlining findings and conclusions. 

• Respond to IRS and state agency audits, inquires, and tax notices. Communicate with IRS and clients in connection with audits, inquires, and tax notices. 

• Delegate projects to staff that can handle them most efficiently and provide accounting and tax assistance to staff as needed. 

• Communicate directly with existing clients, colleagues, management, and IRS representatives regarding various tax matters.

• Assist with business development efforts, including but not limited to, meeting with prospective clients, preparing fee quotes and proposals, and evaluating clients’ needs. 

• Lead department in knowledge of software, processes, and workflows. 

• Assist with employee training for new hires and ongoing employee training.

• Engage in consulting and special projects as requested by Management and Clients.

• Takes direction and reports to the Partners of the tax department.

B. KNOWLEDGE AND SKILL REQUIREMENTS:

• CPA Certification required. 

• Good oral and written communication 

• Good time management and organizational skills 

• Proficient in Microsoft Office, Prosystem, Ultratax, and Adobe software. 

• Proficient in QuickBooks or equivalent accounting software desired. At minimum, must have sound knowledge of basic functionality of QuickBooks or equivalent accounting software.

C. EDUCATION AND WORK EXPERIENCE: 

• CPA certification required. 

• Bachelor’s degree in accounting or other major with tax and accounting (through intermediate) course work completed. 

• Minimum of five years of experience preparing all types of tax returns with a public CPA firm or private company. 

• Minimum of two years reviewing all types of tax returns and compiled financial statements with a public CPA firm or private company

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Basic Accounting Definitions

1. Accounts Receivable – AR

Definition: The amount of money owed by your customers after goods or services have been delivered and/or used. See how it works here.

2. Accounting – ACCG

Definition: A systematic way of recording and reporting financial transactions.

3. Accounts Payable – AP

Definition: The amount of money you owe creditors (suppliers, etc.) in return for good and/or services they have delivered. See how it works here.

4. Assets (Fixed and Current) – FA and CA

Definition: Current assets are those that will be used within one year. Typically this could be cash, inventory or accounts receivable. Fixed assets (non current) are more long-term and will likely provide benefits to a company for more than one year, such as a building, land or machinery.

5. Balance Sheet – BS

Definition: A financial report that summarizes a company's assets (what it owns), liabilities (what it owes) and owner’s equity at a given time.

6. Capital – CAP

Definition: A financial asset and its value, such as cash or goods. Working capital is calculated by taking your current assets subtracted from current liabilities.

7. Cash Flow – CF

Definition: The revenue or expense expected to be generated through business activities (sales, manufacturing, etc.) over a period of time. Having a positive cash flow is essential in order for businesses to survive in the long run.

8. Certified Public Accountant – CPA

Definition: A designation given to someone who has passed a standardized CPA exam and met government-mandated work experience and educational requirements to become a CPA.

9. Cost of Goods Sold – COGS

Definition: The direct expense related to producing the goods sold by a company. This may include the cost of the raw materials (parts) and amount of employee labor used in production.

10. Credit – CR

Definition: An accounting entry that may either decrease assets or increase liabilities and equity on the company's balance sheet, depending on the transaction. When using the double-entry accounting method there will be two recorded entries for every transaction: a credit and a debit.

11. Debit – DR

Definition: An accounting entry where there is either an increase in assets or a decrease in liabilities on a company's balance sheet.

12. Expenses (Fixed, Variable, Accrued, Operation) – FE, VE, AE, OE

Definition: The fixed, variable, accrued or day-to-day costs that a business may incur through its operations. Examples of expenses include payments to banks, suppliers, employees or equipment.

13. Generally Accepted Accounting Principles – GAAP

Definition: A set of rules and guidelines developed by the accounting industry for companies to follow when reporting financial data. Following these rules is especially critical for all publicly traded companies.

14. General Ledger – GL

Definition: A complete record of the financial transactions over the life of a company.

15. Liabilities (Current and Long-Term) – CL and LTL

Definition: A company's debts or financial obligations it incurred during business operations. Current liabilities are those debts that are payable within a year, such as a debt to suppliers. Long-term liabilities are typically payable over a period of time greater than one year. An example of a long-term liability would be a bank loan.

16. Net Income – NI

Definition: A company's total earnings, also called net profit or the “bottom line.” Net income is calculated by subtracting totally expenses from total revenues.

17. Owner's Equity – OE

Definition: An owner’s equity is typically explained in terms of the percentage amount of stock a person has ownership interest in the company. The owners of the stock are commonly referred to as the shareholders.

18. Present Value – PV

Definition: The value of how much a future sum of money is worth today. Present value helps us understand how receiving $100 now is worth more than receiving $100 a year from now. See an example of the time value of money here.

19. Profit and Loss Statement – P&L

Definition: A financial statement that is used to summarize a company’s performance and financial position by reviewing revenues, costs and expenses during a specific period of time; such a quarterly or annually.

20. Return on Investment – ROI

Definition: A measure used to evaluate the financial performance relative to the amount of money that was invested. The ROI is calculated by dividing the net profit by the cost of the investment. The result is often expressed as a percentage. See an example here.

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How to Install Tally ERP.9

HOW TO INSTALL TALLY ERP.9 ON YOU COMPUTER OR LAPTOP

How to Install Tally.ERP 9 Single User and activate the license using promotional rental code:

Download the latest version of Tally.ERP 9 from www.tallysolutions.com
After downloading, there are essentially two steps:

1. Installing Tally.ERP 9
2. Activate the promo rental license

1. Installing Tally.ERP 9

Step 1: Double click on the Install.exe to execute the installer



Step 2: Click the button "Next" to continue the Installation.



Step 3: In Tally.ERP 9 Setup screen, in the field that reads "application directory", you can specify where you would like to have Tally.ERP 9 application files. By default, Tally will select C drive; if you want to change from C drive to D, you can do so. Once you specify the Tally.ERP 9 folder path, click "Next".



Step 4: Click on "Install".



Step 5: You will get the message "Tally.ERP 9 Installed Successfully". You can click on Finish to close the Wizard.



 2. Activation of License

Step 1: Start Tally.ERP 9 -> Click on Activate License.



Step 2: Click on Activation of Promotional rental license.



Step 3: Enter the promotional code provided to you as in the screen below (Eg: BPP.sudheendra@tallysolutions.com) and then enter your email ID and press ENTER.



Step 4: You will get the below screen and then press ENTER.



Step 5: Click on Unlock license.



Step 6: Check your mailbox you will receive the Unlock key.

Type or copy and paste (Ctrl+Alt+V) the Unlock Key and then press ENTER, and get started with Tally.ERP 9.


Press Enter button and you will get the message "Congratulation, Tally.ERP 9 Activated Successfully".

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Tally ERP.9 Questions

• Why Tally is the best for accounting 
• How to install Tally ERP.9
• Why we will Learn tally ERP.9
• Who is the Founder of Tally ERP.9
• What is Mean of ERP
• and What is Mean of .9

Hi Friends this simple but most important Question so give me the answer without using Google 

if you're using Google...

So please don't give the answer it's are my Request.

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ROLE OF HR MIS EXECUTIVE

Roles & Responsibilities of Human Resources
1. Induction & Joining Formalities: -
• Plan, organize, and conduct induction programmed for the new joiner.
• Complete the joining formalities i.e. collect the required documents, creation of login id for attendance.

2. Formats of all the letters
• Offer Letter
• Appointment letter
• Increment and Promotions letter
• Confirmation Letter
• Experience Letter
• Relieving Letter
• Warning Letter
• Termination Letter
• Address Proof Letter
• Training Letter

3. Formats and Forms
• Interview Assessment Form
• Employees Joining Report
• Leave Application Form
• Reimbursement Form
• Exit Formalities Form
• No Due Certificate

4. Attendance, Payroll & Salary Admin
• Maintain the employee attendance in Time Management System and generate the attendance report by online system for the salary process.
• To coordinate with the finance for monthly payroll system, make necessary entries for new joiners, separation cases, unpaid leave.
• Follow-up with Bank for timely credit of salary & Issuing salary slips.

5. Basic Knowledge of HR Policies.
• Implement, review, redesign and introduce HR Manuals with policies and uploading in the systems.

6. HR Administration & Welfare:-
• Offer release, bank account opening, ID card coordination, sending details to the support staff.
• Clarify the Employee Grievance and various issues/queries on Leave policy, Salary payment.
• Maintain the notice board with the information about Thought of the Day message, Employee of the month announcement, articles on weekly and fortnightly basis
• Maintain HR files and employee information in various reports like employee database, employee CV's, preparing all HR letters and certificates etc.

7. Full & Final Settlement and Exit Process:

• Conducting exit interview process for resigned, quit / terminated employees
• Coordinate & manage the Full & Final Settlement with the help of finance division and sending circular to other departments at the time of relieving of an employee. (But will be releived only after the reporting head signs in the no due certificte and exit form)
• Analyzed the issue by giving warning through verbally or written by issuing warning letter till termination of employees due to continuous absenteeism, no prior intimation before taking leaves, unable to reach assigned targets, lack of ownership & responsibility etc.

8. Compensation:
• Understand the salary structure and working with the structure. (form example basic should not go more then 50% of the gross)
• Selection policies, attendance management system, exit interviews, transfers & re-deployments
as per staffing projections.
• Handling Salary negotiations, increments, and compensation administration

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Careers in accounts

Careers in Accounting

According to the United States Bureau of Labour Statistics, Accounting is a growing field for anyone wanting to establish a career over the next 10 years. Bubbles are bursting, tax laws are changing, companies and corporations closing and new fields are opening. Some areas of accounting are growing faster, some as much as 25%.

Types of Accountants

Public, management, government accounting and internal auditing are four basic types of accountants. Five careers in accounting are at the top of the list in terms of salary, job prospects and longevity of demand. Within the four basic types are specialty areas, such as:

1) Internal Auditor
2) Compliance Executive
3) Financial Analyst
4) Staff Accountant
5) External Auditor

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Skills of Accountant

TOP SIX SKILLS OF ACCOUNTANT.

1. Organization

Accountants are important people. They manage a lot of responsibility, which means that they generally stay pretty busy.

To be a good accountant you need to have a system to keep track of those responsibilities – such as any portfolios you manage, the transactions you handle, and any important dates and deadlines you need to meet – to ensure that you ful fill all of your duties to the best of your ability.

You can make use of tools like calendars, alphabetized folders, day planners, colour-coded post-it notes and highlighters, and apps and programs designed to help you stay highly organized and in the short- and long-term.

Being well-organized is a great way to demonstrate to your coworkers and manager that you are reliable, competent and able to get the job done. Start honing your organizational skills now and by the time you begin applying for jobs, you’ll be able to discuss your organizational skills with confidence.

Tip: Not sure where to start? Try creating a study schedule for each of your classes, using a day planner for your daily to-do list and starting a filing system for your notes

2. Time management

Good time-management skills go hand-in-hand in with strong organizational capabilities.

A system for managing your workload is only effective if you also know how to budget your time. As an accountant, you’ll need to manage competing priorities and juggle myriad tasks – while completing everything on time.

The ability to work within deadlines and to continually re-prioritize your to-do list will take you far. Not only will it impress your boss, co-workers and clients, it will also help you to maintain a healthy work/life balance and keep your day-to-day productive.

Tip: Give yourself blocks of time to complete certain tasks. Got an exam coming up? Allocate four or five 2-3 hour windows to get your studying done, and make a list of what you want to accomplish during each study session.

3. Adaptability

The accounting industry is highly dynamic, so accountants who are able to adapt quickly and easily are at a distinct advantage.

In addition to being able to provide better services to their clients, adaptable individuals are more likely to learn and grow in their careers because they see each new challenge as an opportunity to learn and test their skills.

Embrace change – learn to make the most of every curveball that your work throws your way.

On a related note, it’s also great to be proactive. Although it takes a bit of extra effort to be informed about changes as they happen, it definitely pays off: it will keep you on the cutting edge of the industry, earn you the respect of your peers and ensure that others look to you when planning ahead.

Tip: Next time something unexpected happens, look for the opportunity in the situation. If you have to work with a difficult classmate at school, for example, focus on your his or her strengths and use the situation.

4. Communication

No matter where you work, what your job entails or who you work with, strong communication skills are incredibly valuable. Being able to communicate well in writing and in person will help you to get a job, work as a team with your colleagues, interact with clients and, with time, advance professionally.

Well-developed interpersonal skills will also be useful for networking. Whether you have to attend a corporate function or are simply welcoming a new coworker to the office, the ability to assert yourself when meeting new people in order to establish profitable relationships will serve you well. Never underestimate the importance of making a good first impression.

Tip: To start with, work on your smile, your handshake and your posture. Then move onto practicing communicating clearly and tactfully with family and friends, and memorize a short list of questions to ask people about themselves when you first meet them.

5. Openness

Honesty and integrity are highly valued in the accounting world.

Accountants – and the firms they work for – pride themselves on adhering to the strictest ethical standards. It’s why the public, other businesses and the government know that they can trust accountants to always look out for their best interests.

Being transparent when making decisions and giving advice has the added benefit of improving your working relationships. It will make teamwork easier and will help you to foster an environment that is respectful and collaborative.

Many accountants work on larger teams, so the importance of being trusted can’t be overstated. Get into the habit of thinking about the consequences of your actions each time you have to make a big decision.

Tip: Ask yourself the following questions: What are my reasons for coming to this decision? Who will benefit from this? Who stands to lose? What is the short- and long-term impact of this choice? Be honest with yourself about your motives for making particular choices and see what you learn.

6. Leadership

Being a good leader means knowing how to mentor and teach, and making yourself approachable and available to the people you’re responsible for. You have to balance being a role model and the person in charge while still being part of the team. It also takes confidence, patience, and the ability to delegate – traits which don’t come easily to most people.

In accounting, leadership skills also include strategic thinking and long-term planning. Many accountants provide consulting services, which means that they offer advice and business solutions to help companies improve their operations, so the ability to look ahead is key.

The top players in accounting are generally known for being visionary – for making logical decisions that also involve a bit of creativity. To be a successful accountant, you need to be able to show your clients that you’re working to improve their present and future.

Tip: There are inspiring individuals in all walks of life. Read up on some of the more prominent leaders in history to see what made them unique or talk to a real-life role model about what they think makes a good leader. If possible, sign up for a leadership position at school or in your community so you can practice the skills you’ve read or heard about.

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Social Media Marketing

What Is Social Media Marketing? 

Social Media Marketing is the process of gaining website traffic or attention through social media sites. Social media marketing programs usually center on efforts to create content that attracts attention and encourages readers to share it across their social networks.

Scope of Social media marketing

Social Media Marketing has a huge scope in India. As rightly pointed out by earlier user,  Facebook has more than 20 million Indians. Consider that English new dailies have just around 18+ million Indians and garner 27% of Indian advertising budget. There is a huge scope of growth for digital marketing (e.g., social media marketing). 

Most of the youth-focused brands already have an active social media presence. But the trend might not have caught the brands targeting other age segments. I believe the key thing that is missing in the ecosystem is the lack of a blueprint for Indian companies  w.r.t social media marketing

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