1. ESIC challans
2. P.F.Challans
3. Nomination and Declaration (Form 2)
4. P.F. (Form 5,10 & 12A)
5. PF annual returns ( form 6A and 3A)
6. Payment of wages act (Form IV)
7. Maternity benefit Act (Form K,L,M, & N)
8. Half yearly returns of ESIC (Form 6)
9. ESIC forms for newly joining covered under ESIC (Form 3)
10. PF (Form 13 for transfer of PF account)
Date and Month Act Name of statutory Return
Before 21 st ESIC ESIC Challan
Before 15 th P.F. P.F. Challan
Before 25 th P.F. Form 5,10, & 12A
Before 15 th Factory act 1948 Form 21 (Annual Return)
Before 21 st Maternity Benefit Act Form K,L,M, and N
Before 15 th Payment of Wages Act Form IV
Monthly statutory Register should be maintained.
ESIC Half yearly returns in the month of May
Annual Returns
P.F. Annual Returns Form 6A and 3A
Sunday, February 28, 2010
Friday, February 26, 2010
What is Cash Basis and Accrual Basis
Two primary accounting methods, cash and accrual basis, are used to calculate taxable income for U.S.Federal Income Taxes. According to the Internal Revenue Code, a taxpayer may compute taxable income by:
Cash basis taxpayers include income when it is received, and claim deductions when expenses are paid. A cash basis taxpayer can look to the doctrine of constructive receipt and the doctrine of cash equivalence to help determine when income is received. Most individuals start as cash basis taxpayers. There are three types of taxpayers that cannot use the cash basis: (1) C corporations; (2) partnerships with at least one C corporation partner; and (3) tax shelters.
Similar definition of cash basis accounting is true for financial accounting purposes.
Accrual basis taxpayers include items when they are earned and claim deductions when expenses are incurred. An accrual basis taxpayer looks to the “all-events test” and “earlier-of test” to determine when income is earned. Under the all-events test, an accrual basis taxpayer generally must include income "for the taxable year when all the events have occurred that fix the right to receive income and the amount of the income can be determined with reasonable accuracy." Under the "earlier-of test", an accrual basis taxpayer receives income when (1) the required performance occurs, (2) payment therefor is due, or (3) payment therefor is made, whichever happens earliest.Under the earlier of test outlined in Revenue Ruling 74-607, an accrual basis taxpayer may be treated, as a cash basis taxpayer, when payment is received before the required performance and before the payment is actually due. An accrual basis taxpayer generally can claim a deduction “in the taxable year in which all the events have occurred that establish the fact of the liability, the amount of the liability can be determined with reasonable accuracy, and economic performance has occurred with respect to the liability.”
Similar definition of accrual basis accounting is true for financial accounting purposes, except that revenue can't be recognized until it's earned even if a cash payment has already been received.
- the cash receipts and disbursements method;
- an accrual method;
- any other method permitted by the chapter; or
- any combination of the foregoing methods permitted under regulations prescribed by the Secretary.
Cash basis taxpayers include income when it is received, and claim deductions when expenses are paid. A cash basis taxpayer can look to the doctrine of constructive receipt and the doctrine of cash equivalence to help determine when income is received. Most individuals start as cash basis taxpayers. There are three types of taxpayers that cannot use the cash basis: (1) C corporations; (2) partnerships with at least one C corporation partner; and (3) tax shelters.
Similar definition of cash basis accounting is true for financial accounting purposes.
Accrual basis taxpayers include items when they are earned and claim deductions when expenses are incurred. An accrual basis taxpayer looks to the “all-events test” and “earlier-of test” to determine when income is earned. Under the all-events test, an accrual basis taxpayer generally must include income "for the taxable year when all the events have occurred that fix the right to receive income and the amount of the income can be determined with reasonable accuracy." Under the "earlier-of test", an accrual basis taxpayer receives income when (1) the required performance occurs, (2) payment therefor is due, or (3) payment therefor is made, whichever happens earliest.Under the earlier of test outlined in Revenue Ruling 74-607, an accrual basis taxpayer may be treated, as a cash basis taxpayer, when payment is received before the required performance and before the payment is actually due. An accrual basis taxpayer generally can claim a deduction “in the taxable year in which all the events have occurred that establish the fact of the liability, the amount of the liability can be determined with reasonable accuracy, and economic performance has occurred with respect to the liability.”
Similar definition of accrual basis accounting is true for financial accounting purposes, except that revenue can't be recognized until it's earned even if a cash payment has already been received.
Thursday, February 25, 2010
who can be an accountant?what is CPA's how can one become CPA's?
An accountant is an individual who performs accounting tasks for individuals or companies. The exact material that an accountant handles varies depending on the size of the company and the accountant's specialization, but generally includes financial records, taxes, and responsibility for the issuing of financial reports. An accountant is one of the primary figures in a business that he or she works for, whether it is a multinational corporation or a small family owned business. Requirements to become an accountant vary upon specialization and nation, but generally include certification through a professional agency and a basic college degree in accounting and finance. While a Certified Public Accountant (CPA) is always an accountant, not all accountants are CPAs. To become a CPA, an accountant must take and pass a series of rigorous tests administered by the American Institute of Certified Public Accountants. A number of states also require CPAs to pass state exams as well. Accordingly, there are a number of accountants who never pass the CPA exam and though they can perform a variety of accountancy chores, they are not allowed to perform certain tasks that only a CPA can do. Certified Public Accountants handle a variety of jobs and tasks. They offer basic income tax preparation and advice for a range of clients including individuals, small businesses and corporations. CPAs can also be found performing basic business record keeping, auditing and consulting work. To maintain their license, every three years CPAs must take 120 hours of continuing education courses in order to stay abreast of changes in their profession. The Federal Bureau of Investigation (FBI) offers opportunities to CPAs. In fact to be considered for a position with the FBI, an applicant generally must be either an attorney or a CPA. Many other federal and state government agencies offer positions for CPAs, as do corporations and small businesses alike. In such areas, CPAs hold positions as controllers, Chief Financial Officer (CFO) and even Chief Executive Officer (CEO). |
AP AND AR
Accounts Payable
Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation is that the liability will be fulfilled in less than a year. When accounts payable are paid off, it represents a negative cash flow for the company.
Accounts Receivable
Money which is owed to a company by a customer for products and services provided on credit. This is treated as a current asset
Money which a company owes to vendors for products and services purchased on credit. This item appears on the company's balance sheet as a current liability, since the expectation is that the liability will be fulfilled in less than a year. When accounts payable are paid off, it represents a negative cash flow for the company.
Accounts Receivable
Money which is owed to a company by a customer for products and services provided on credit. This is treated as a current asset
RayMedi Accounting Software
| Accounts is the system of recording, verifying, and reporting of the value of assets, liabilities, income, and expenses in the books of account. Accounting is necessary for every organization to keep track of cash inflow and outflow. Accounting is a system that provides quantitative information about finances of a organization. Accurate maintenance and prompt analysis of the financial data is very essential to keep track of the incomes and expenses, so that the allocated budgets would be spent appropriately this can be achieved by having good business accounting software. Selection of good accounting software is very essential for any business to grow. RayMedi TRAC is Comprehensivebusiness accounting management software which maintains your books of accounts, balances, checkbook, prints checks, handles accounts payable, accounts receivable, bank transactions, etc, in a efficient way. It is a trade and Financial accounting package. It is ideally suited for small and medium business. RayMedi TRAC is fast,flexible,accurate,intuitive to learn and easy to use.RayMedi accounting software license is completely free for it's users,anyone can download the software and start using it. Some of the features included in RayMedi business accounting software are Trail balance, Balance sheets, Ledgers, Profit and Loss account, Fund flow and cash flow statements, General reports, ledger maintenance, Cheque management, user designable voucher and Cheque printouts, etc. RayMedi accounting software come integrated with all RayMedi Point of Saleproducts. Key Business Benefits of Accounting Software
Key Functional Benefits of Accounting software
Why chose RayMedi for Accounting Software?
RayMedi Retail Solutions Overview | ||
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Tuesday, February 23, 2010
Advanced Excel Training in Bangalore
iGEEKS is a well-known and trusted name in Bangalore for providing Corporate IT Training and Consulting Services. We offer Intermediate and Advanced level courses. Our courses are customized to suit the requirements of the target audience. The training methodology is simple and easy to understand, and the personalized attention given to the participants enables them to learn better, faster and more efficiently.
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Management & Training related workshops
Greetings from Princeton Academy Mumbai.
We are pleased to announce 6 Management & Training related workshops in the month of February 2010.
Details are as under.
| Date | Workshop | City | Faculty | Fees | Brochure |
| 16th | Disaster management | Bangalore | Mr. Dilip Pithadia | 6600 | |
| 17th | Mumbai | ||||
| 19th | Delhi | ||||
| 17th | Vendor Management & Development | Bangalore | Mr. H K Varma | 6600 | |
| 20th | Mumbai | ||||
| 19th | Labour Laws for Corporate Managers | Mumbai | Dr. P K Padhi | 14500 | |
| 19th, 20th | Leadership Skills | Mumbai | Ms. Khursheed Merchant | 14500 | |
| 20th | Credit management & Managing Overdue Outstandings | Delhi | Mr. K L Batra, | 6600 | |
| 27th | Mumbai | ||||
| 24th | Effective Communication Skills | Chennai | Mr. Rajiv Kumar Luv | 6600 | |
| 25th | Mumbai | ||||
| 26th, 27th | Mergers & Acquisitions | Mumbai | Mr. Anil Menon | 14500 | N.A. |
For detail information about each workshop, Venue, Fees & Faculty information kindly click on download brochure.
Registration Procedure: - Kindly sent an email to register@princetonacademy.in with name of participant, company Name, & contact details.
Princeton Academy Mumbai II
Tel- 022 - 66976892, 022 - 67256200. Delhi- 9312715500 Fax- 022-26733060
Email- admin@princetona.in
Monday, February 22, 2010
Money On Line
what is pay per click programs.Now a days Pay per click program (PPC) is one of highest money making program online
with less effort.Its also known as PPC program.
Pay per click programs are used to advertising on the search engines (Google, Yahoo, MSN), advertising network and in
any content websites or blogs.Advertisers pay only when user clicks the advertise ment on the search engine or content
website.The specific advertisers bid on the specific keyword what they think about their target market and target audiences.
any content websites or blogs.Advertisers pay only when user clicks the advertise ment on the search engine or content
website.The specific advertisers bid on the specific keyword what they think about their target market and target audiences.
May advertisers will sell any products or they offer some paid or subscribed services to their targeted audiences. When
user search using some defined keywords which described earlier by advertiser with targeted keywords in search engines
or content websites (Targeted content keywords) the relevant advertiser’s advertisements will display in search engines
and content network websites.
user search using some defined keywords which described earlier by advertiser with targeted keywords in search engines
or content websites (Targeted content keywords) the relevant advertiser’s advertisements will display in search engines
and content network websites.
The related advertisements which displayed in search engines and content network will attract the visitors and they may
interested to know about the advertising tasks.If user may click the advertisers advertisements.For every click advertisers
will pay to search engines and content network websites.Advertisers will pay for Advertising networks, search engines and
webmasters (Content websites) depends on how much click through traffic they offered for the advertisers website
interested to know about the advertising tasks.If user may click the advertisers advertisements.For every click advertisers
will pay to search engines and content network websites.Advertisers will pay for Advertising networks, search engines and
webmasters (Content websites) depends on how much click through traffic they offered for the advertisers website
To start earning through pay per click programs you no need the search for advertisers. While many Search engines and
advertising network operators like Google AdSense, Yahoo! Overture, Kontera, Adbrite, Miva, Clicksor and many of the
adverting networks will make this pay per click programs much easier than ever.Depends on the keywords and competition
the advertisers will pay from $0.01US.Very popular and highly competitive keywords will cost more.
advertising network operators like Google AdSense, Yahoo! Overture, Kontera, Adbrite, Miva, Clicksor and many of the
adverting networks will make this pay per click programs much easier than ever.Depends on the keywords and competition
the advertisers will pay from $0.01US.Very popular and highly competitive keywords will cost more.
This prices are known as CPC (Cost per Click).This website articles will offer you the relevant details and more ideas about
pay per click programs to make money online
pay per click programs to make money online
Wednesday, February 17, 2010
CV Dos and Don'ts
It takes at least two days to write a superb new application, addressing the issues and organising the information so that you sell yourself. The biggest error most people make is throwing away a great chance by rushing a mediocre CV out at the last minute. Regard your CV and application letter as work in progress and give it a polish every couple of months. You never know when you will be asked for it.
As a professional CV writer I have known people return to the same agencies that had previously refused them, this time with a great application that gets them noticed. The difference between managing your career and just letting it happen can be more than the cost of your home over the course of a lifetime. You need to take this task seriously right from the start.
You do not need to be headlining the trivial details of your life like your address and what primary school you went to. You do not need to tell someone that the document is a CV.
For each occupation and each level of each occupation and for changes of career and country there are key things you need to be saying that recruiters want to hear. If you already know enough then spend some time listing these key things before you ever start writing your application. If you need more information, then start collecting it, start finding out what buzzwords, concepts and competencies that will carry conviction.
If you follow a boring format or copy out your job definition it will be dull as ditchwater to recruiters who have to read lots of applications every day. You need to reach these people where they get interested. The story of your career needs to build up expectations that you are worth meeting. You need to tell them the context in which your achievements have taken place and let them know what value you offer for the future. Enter the page content here.
Do not pepper your CV with titles like PROFILE, CAREER OBJECTIVE and SKILLS unless you want to appear like someone who has slavishly followed a template. You can have an introduction to your CV but there's no need to label it. All you really need is a few sensible headings such as PROFESSIONAL, CAREER and PERSONAL - under which you can group your skills/qualifications, narrative of achievements and necessary details.
Bulleted paragraphs are a great way to save space and add impact but they need to be congruent. They need to relate to the one before and the one after in an intelligent way. Lists of superlative claims with no substantiating evidence cannot be understood in context and cut no ice with anyone.
The medium is in the message. If they have reached the third paragraph of your letter and glanced at your CV, you have already shown them that you can communicate. There is no need to tell them you are a GOOD COMMUNICATOR, a SELF-STARTER or a GREAT TEAM PLAYER in so many words. It needs to be implicit in your account of yourself, not stuffed under their nose as a grandiose claim. People who do that look naive; people who get good jobs come across as mature enough to know how to say things that matter about the real issues involved.
People cannot help but be impressed by talented design and clever typesetting. Your choice of fonts and styles, however, is somewhat limited by the restrictions of email and online CV Builders. You need to find out what these restrictions are by studying the word processing program you are using and asking yourself: how can I be sure that my fonts and format arrive on the reader's computer the same way they left here? If you want to make a subtle and sophisticated impression you need to start finding out about the technicalities by actually reading the help files and manuals you have so far taken for granted.
Your letter needs to sing, summarise, promise, capture the spirit of what's best about you. Safe, boring, over-length, repetitive letters that regurgitate your CV or try to match every single minor point in the job definition will have one damaging effect on the reader - they will think you are not very bright.
Professional writers throw away more stuff than they publish; put it all down and then reduce it until you fit two pages. If necessary group your entire EARLY CAREER under a separate heading and just give each job a line or two. Place the focus on the last 5-10 years and the highest levels of activity and achievement. Cut the minor roles and competencies which are already implied by the big stuff you do. Write your brief and powerful introduction last; when you know what you need to say to summarise your offering, and don't bother giving it a heading anyone can see what it is.
As a professional CV writer I have known people return to the same agencies that had previously refused them, this time with a great application that gets them noticed. The difference between managing your career and just letting it happen can be more than the cost of your home over the course of a lifetime. You need to take this task seriously right from the start.
You do not need to be headlining the trivial details of your life like your address and what primary school you went to. You do not need to tell someone that the document is a CV.
For each occupation and each level of each occupation and for changes of career and country there are key things you need to be saying that recruiters want to hear. If you already know enough then spend some time listing these key things before you ever start writing your application. If you need more information, then start collecting it, start finding out what buzzwords, concepts and competencies that will carry conviction.
If you follow a boring format or copy out your job definition it will be dull as ditchwater to recruiters who have to read lots of applications every day. You need to reach these people where they get interested. The story of your career needs to build up expectations that you are worth meeting. You need to tell them the context in which your achievements have taken place and let them know what value you offer for the future. Enter the page content here.
Do not pepper your CV with titles like PROFILE, CAREER OBJECTIVE and SKILLS unless you want to appear like someone who has slavishly followed a template. You can have an introduction to your CV but there's no need to label it. All you really need is a few sensible headings such as PROFESSIONAL, CAREER and PERSONAL - under which you can group your skills/qualifications, narrative of achievements and necessary details.
Bulleted paragraphs are a great way to save space and add impact but they need to be congruent. They need to relate to the one before and the one after in an intelligent way. Lists of superlative claims with no substantiating evidence cannot be understood in context and cut no ice with anyone.
The medium is in the message. If they have reached the third paragraph of your letter and glanced at your CV, you have already shown them that you can communicate. There is no need to tell them you are a GOOD COMMUNICATOR, a SELF-STARTER or a GREAT TEAM PLAYER in so many words. It needs to be implicit in your account of yourself, not stuffed under their nose as a grandiose claim. People who do that look naive; people who get good jobs come across as mature enough to know how to say things that matter about the real issues involved.
People cannot help but be impressed by talented design and clever typesetting. Your choice of fonts and styles, however, is somewhat limited by the restrictions of email and online CV Builders. You need to find out what these restrictions are by studying the word processing program you are using and asking yourself: how can I be sure that my fonts and format arrive on the reader's computer the same way they left here? If you want to make a subtle and sophisticated impression you need to start finding out about the technicalities by actually reading the help files and manuals you have so far taken for granted.
Your letter needs to sing, summarise, promise, capture the spirit of what's best about you. Safe, boring, over-length, repetitive letters that regurgitate your CV or try to match every single minor point in the job definition will have one damaging effect on the reader - they will think you are not very bright.
Professional writers throw away more stuff than they publish; put it all down and then reduce it until you fit two pages. If necessary group your entire EARLY CAREER under a separate heading and just give each job a line or two. Place the focus on the last 5-10 years and the highest levels of activity and achievement. Cut the minor roles and competencies which are already implied by the big stuff you do. Write your brief and powerful introduction last; when you know what you need to say to summarise your offering, and don't bother giving it a heading anyone can see what it is.
Relocation Negotiation
Sooner or later, many of you will take jobs that require you and your family to move. You will likely incur significant expenses in the process, and if you are like most people, you will want your employer to pay for at least some of them. The following advice should help you handle this negotiation as effectively and collaboratively as possible. Focus on Your Interests. The whole point of negotiating for something is to address your real needs. Before you limit what you ask for, make sure you know what you want. Think broadly and do not limit yourself to financial expenses. For example, one client of mine decided these were her needs: * Assistance in selecting and paying for childcare (She still had to finish paying her old nanny.). * A higher cost-of-living subsidy. * A higher mortgage cost allowance. * A bridge loan, because she could not sell her house before she had to relocate. * Assistance in choosing a good local school for her older child. Once you have thought about what help you need, you can prepare to negotiate for a package that suits your unique needs. Find Out What Assistance Is Typical. Your preparation for this negotiation should include the following: * Ask your new employer's HR department if the company has a written relocation policy or if it offers standard benefits. * Find out who has recently moved at the company and ask about their relocation packages. * Ask your friends or other contacts in similar firms about their experiences or their companies' policies. * If you are using a recruiter, he or she should be able to provide guidance as well. Keep in mind that companies tend to vary in what they offer, and larger companies have more standardized policies. Therefore, compensation can differ by industry, city or even position in the company (executives tend to get more). Nonetheless, the following expenses are commonly covered: * Moving costs. * Temporary lodging costs. * Travel costs back home if you relocate before your family moves. * Assistance for a spouse who has to find a new job (may include job-search reimbursements, referrals to a recruiter and arranging for interviews inside the company). * Assistance in selling your house. * Develop Ideas that Benefit Both Sides. No matter what is standard, many companies are willing to negotiate packages that address the distinct needs of their new employees. Still, even though everything is negotiable, your employer is more likely to agree to your ideas if they benefit the company as well. So anticipate this reality, and provide the advantages for your new bosses when you share your ideas. For example, my client made sure to tell her new company, "I will be able to work longer hours and be more productive from the start if I can get a few important matters settled quickly." Another client had an employer that, while willing to provide extra assistance for her relocation, did not want to set a precedent of deviating from its written policy. This person solved the problem by saying, "Well, what if we agree that this assistance will be called a signing bonus?" Get It in Writing. Once you and the company agree on a compensation package for your relocation expenses, make sure you capture that agreement in writing. A formal contract is not necessary, just a simple signed letter explaining what assistance is being provided by what time. A negotiation about relocation compensation is the same as any other negotiation. If you focus on effective preparation, collaborative negotiating and out-of-the-box thinking, you will do well.
The 10 Worst Mistakes Career Changers Make
Changing careers is never easy. Half the world thinks you've lost your mind, headhunters say you'll never work again and your mother-in-law steps up the old, "I told you so" routine. But for many burned-out, bored or multitalented folks who are sitting on skills they're not getting a chance to use, changing fields is the only way to keep from losing their marbles. Regardless of your career change strategy, never make these 10 mistakes 1. Don't look for a job in another field without some intense introspection. Nothing is worse than leaping before you look. Make sure you're not escaping to a field that fits you just as poorly as your last. Check out these self-assessment articles. Get thorough information about the fields you're considering by networking, reading and doing online research. Having informational interviews with alumni from your college, colleagues, friends or family is a fun way to get the scoop on different fields. 2. Don't look for "hot" fields unless they're a good fit for you. You wouldn't try to squeeze into your skinny cousin's suit, so why try a field because it works for him? People who are trying to help you will come along and do the equivalent of whispering "plastics" in your ear. Instead of jumping at their suggestions, take time to consider your options. Decide what you really want to do. When you enter a field just because it's hot, burnout isn't far behind. 3. Don't go into a field because your friend is doing well in it. Get thorough information about the fields you're considering by networking, reading and doing online research. Having informational interviews with alumni from your college, colleagues, friends or family is a fun way to get the scoop on different fields. 4. Don't stick to possibilities you already know about. Stretch your perception of what might work for you. Read some job profiles and explore career fields you learn about from self-assessment exercises. 5. Don't let money be the deciding factor. There's not enough money in the world to make you happy if your job doesn't suit you. Workplace dissatisfaction and stress is the number-one health problem for working adults. This is particularly true for career changers, who often earn less until they get their sea legs in a different field. 6. Don't keep your dissatisfaction to yourself or try to make the switch alone. This is the time to talk to people (probably not your boss just yet). Friends, family and colleagues need to know what's going on so they can help you tap into those 90-plus percent of jobs that aren't advertised until somebody has them all sewn up. 7. Don't go back to school to get retreaded unless you've done some test drives in the new field. You're never too old for an internship, a volunteer experience or trying your hand at a contract assignment in a new field. There are lots of ways to get experience that won't cost you anything except your time. A new degree may or may not make the world sit up and take notice. Be very sure where you want to go before you put yourself through the pain and debt of another degree program. 8. Be careful when using placement agencies or search firms. Do some research to be sure to find a good match. Ask those who work in the field you're trying to get into or other successful career changers for suggestions. Try to find a firm that knows how to be creative when placing career changers -- not one that solely focuses on moving people up the ladder in the same field. 9. Don't go to a career counsellor or a career transitions agency expecting they can tell you which field to enter. Career advisors are facilitators, and they'll follow your lead. They can help ferret out your long-buried dreams and talents, but you'll have to do the research and the decision making by yourself. Anyone who promises to tell you what to do is dangerous. 10. Don't expect to switch overnight. A thorough career change usually will take a minimum of six months to pull off, and the time frequently stretches to a year or more. Changing fields is one of the most invigorating things you can do. It's like experiencing youth all over again, except with the wisdom of whatever age you are now.
Salary Negotiation
To perform the negotiation dance, you must have a good sense of balance. Knowing your value will help you feel more confident about staying in step during the negotiation process. The employer takes the lead and you follow, staying with the rhythm. You move together through the process, taking care not to step on each other. The dance is never confrontational or harsh, but smooth and in harmony.
Often, the first step takes place on the phone. The interviewer asks for your salary requirement or the salary you're currently making.
First the Music Starts
Begin with the realization that this is your opportunity to maximise your compensation. Now is not the time to sell yourself short or leave items on the table. Instead, focus on what you feel you need and ought to have, and then negotiate for it. Many employers will provide their most valuable executives generous packages of stock options, profit-sharing bonuses, generous severance packages, along with non-financial compensation like paid sabbaticals.
Postponing the salary discussion is the best step for you, at least until you have the information needed. By doing research ahead of time, you will feel confident knowing your worth. There is a point when the range, or your expectations, will be revealed, but it is better to wait for the interviewer to lead and give out the information first.
If the employer determines that you are right for the job, he will take the lead and make an offer. It is now your turn to move the dance to the next stage. But first you must evaluate the package. The following must be taken into consideration:
* Base rate: Always the top priority.
* Alternative compensation: Bonuses, commissions, stock options, profit sharing, etc.
* Benefits: Premiums for insurance, paid time off, matching 401k, working conditions, etc.
* Other perks: Car, education reimbursement, training, laptop computer and the like.
Let the Dance Begin
You call the hiring manager and say how delighted you are to receive the offer, but you have some questions and concerns. Scripting your dialog ahead of time will give you confidence to be succinct regarding what you want.
"Based on my eight years' experience in this industry, my MBA degree, and my proven ability to raise funds and build teams, I feel the base rate offered is low. Is there any flexibility here?" you ask.
Hold your position and count to 10. Silence is a strong tool in negotiations. The hiring manager waits through the silence and then promises to get back to you. He is in sync with your movements. You've presented your case well.
The Final Steps
Whether you are negotiating for more money or some other perks, the rules remain the same. Let the employer lead, and maintain your own sense of balance. By preparing and researching ahead of time, you can feel more empowered in this process, as a partner in a dance, moving with the flow. The rhythm of the negotiation should be smooth, moving toward the final step: acceptance and agreement.
Avoid the Top 10 Interview Mistakes
The best way to avoid the most common and dangerous interview mistakes is to think ahead and decide not to make them... Read on for a whistle-stop tour of the top ten interview clangers!
1. Lying
Although it's tempting, it doesn't work. By all means gloss over the unflattering things. But out-right fibbing NEVER pays.
Mark Twain said: "If you tell the truth, you never have to remember anything." Think about it. They will catch you out later.
2. Slating your current company or boss
Fed up with your current job and would give anything to leave because they've treated you badly? Your job interview is NOT the time to seek revenge. Bear in mind that the interviewer will be listening to your answers and thinking about what it would be like to work with you. Ask yourself: do you like working with people who constantly criticise others? Isn't it a bit wearing? The trouble is that the interviewer draws massive conclusions from your answers. So your throwaway comment about your boss or employer may be interpreted to be your "standard" way of thinking. It makes you look bad, not your employer.
3. Being Rude
If you find you were accidentally rude, then apologise calmly and genuinely. Then leave it behind you and get on with the rest of the interview. If you dwell on it, it will affect your performance. What's "rude"? Well, that depends on your audience. As a rule of thumb, avoid cracking jokes about potentially sensitive topics and beware of being too "pally" with the interviewer: polite and friendly is enough. After all, you're not in the pub with them. So stay professional. Also bear in mind that everyone you meet could be involved in the selection process. So blanking the receptionist or talking down to the junior members of staff could cost you the job.
4. Complaining
Ok, so your train journey might have been a nightmare and maybe you thought the tube would never arrive, or the tailbacks on the motorway were endless. But your interviewer doesn't want to know that!
Complaining, even in jest, is not a recommended icebreaker. It may be completely harmless, or it might simply make the interviewer switch off. Don't let complaining set the tone for the interview!
5. Talking about people you don't get on with at work
These days, it's common to be asked how you deal with conflict. Companies realise the importance of interpersonal relationships in the working environment. So if they ask you about difficult people or situations, make sure you hold back from character assassination and blaming others for problems because it won't do you any favours! If you accidentally do "break" this rule, apologise and explain what you "really" meant.
6. Not Being Prepared
Re-read the relevant version of your CV and the job advert, just before the interview. You'd be surprised how many people can't remember what they wrote on their CV. And if you remember what type of person the job advert was looking for, it's easier to demonstrate that you have those qualities.
Make sure you've brought with you anything you were asked for. It's fine to bring a note-pad and pen, but make sure they're tidy. It's even ok to bring notes with you; particularly if you have any questions you want to ask. It shows you're taking the job application seriously. Ill-prepared candidates rarely get job offers.
7. Appearing to be too nervous, or too confident
If you appear too nervous they'll think you're not confident enough to do the job. However, appearing too confident will make them think you won't fit into the team. If interview nerves are an issue for you, it's worth getting practical help from a professional, such as an interview coach.
8. Making a weak first impression
Unfortunately, no matter how hard the interviewer tries, a lot of "don't want to hire them" decisions are made in the first few minutes of contact. If you make a strong first impression, the interviewer will be more inclined to overlook "imperfections" in your answers.
9. Not having researched the company
As a general rule, the more famous the brand, the more they will expect you to have done your homework. Researching the company shows you're serious about the job.
10. Putting your foot in it and not noticing
Yes, we know, you didn't mean to put your foot in it. But it doesn't really matter what you intended. What counts is how the other person reacts. So what can you do? Be prepared to simply say "sorry, that's not what I meant!" This requires you to actually be paying attention to the interviewer, rather than your own thoughts and feelings. Once you've apologised, leave it there, take a deep breath to help you relax and move on with the job interview.
1. Lying
Although it's tempting, it doesn't work. By all means gloss over the unflattering things. But out-right fibbing NEVER pays.
Mark Twain said: "If you tell the truth, you never have to remember anything." Think about it. They will catch you out later.
2. Slating your current company or boss
Fed up with your current job and would give anything to leave because they've treated you badly? Your job interview is NOT the time to seek revenge. Bear in mind that the interviewer will be listening to your answers and thinking about what it would be like to work with you. Ask yourself: do you like working with people who constantly criticise others? Isn't it a bit wearing? The trouble is that the interviewer draws massive conclusions from your answers. So your throwaway comment about your boss or employer may be interpreted to be your "standard" way of thinking. It makes you look bad, not your employer.
3. Being Rude
If you find you were accidentally rude, then apologise calmly and genuinely. Then leave it behind you and get on with the rest of the interview. If you dwell on it, it will affect your performance. What's "rude"? Well, that depends on your audience. As a rule of thumb, avoid cracking jokes about potentially sensitive topics and beware of being too "pally" with the interviewer: polite and friendly is enough. After all, you're not in the pub with them. So stay professional. Also bear in mind that everyone you meet could be involved in the selection process. So blanking the receptionist or talking down to the junior members of staff could cost you the job.
4. Complaining
Ok, so your train journey might have been a nightmare and maybe you thought the tube would never arrive, or the tailbacks on the motorway were endless. But your interviewer doesn't want to know that!
Complaining, even in jest, is not a recommended icebreaker. It may be completely harmless, or it might simply make the interviewer switch off. Don't let complaining set the tone for the interview!
5. Talking about people you don't get on with at work
These days, it's common to be asked how you deal with conflict. Companies realise the importance of interpersonal relationships in the working environment. So if they ask you about difficult people or situations, make sure you hold back from character assassination and blaming others for problems because it won't do you any favours! If you accidentally do "break" this rule, apologise and explain what you "really" meant.
6. Not Being Prepared
Re-read the relevant version of your CV and the job advert, just before the interview. You'd be surprised how many people can't remember what they wrote on their CV. And if you remember what type of person the job advert was looking for, it's easier to demonstrate that you have those qualities.
Make sure you've brought with you anything you were asked for. It's fine to bring a note-pad and pen, but make sure they're tidy. It's even ok to bring notes with you; particularly if you have any questions you want to ask. It shows you're taking the job application seriously. Ill-prepared candidates rarely get job offers.
7. Appearing to be too nervous, or too confident
If you appear too nervous they'll think you're not confident enough to do the job. However, appearing too confident will make them think you won't fit into the team. If interview nerves are an issue for you, it's worth getting practical help from a professional, such as an interview coach.
8. Making a weak first impression
Unfortunately, no matter how hard the interviewer tries, a lot of "don't want to hire them" decisions are made in the first few minutes of contact. If you make a strong first impression, the interviewer will be more inclined to overlook "imperfections" in your answers.
9. Not having researched the company
As a general rule, the more famous the brand, the more they will expect you to have done your homework. Researching the company shows you're serious about the job.
10. Putting your foot in it and not noticing
Yes, we know, you didn't mean to put your foot in it. But it doesn't really matter what you intended. What counts is how the other person reacts. So what can you do? Be prepared to simply say "sorry, that's not what I meant!" This requires you to actually be paying attention to the interviewer, rather than your own thoughts and feelings. Once you've apologised, leave it there, take a deep breath to help you relax and move on with the job interview.
Resumes, Cover Letters, and Employment-Related Letters
Resumes, Cover Letters, and Employment-Related Letters
Here's all the information you need to create effective job search correspondence, including resume, cover letter, and curriculum vitae writing resources, resume and cover letter samples, thank you letters, resignation letters, and all the other letters you will need to write to job search effectively.
- Resumes
- Online Profiles
- Cover Letters
- Curriculum Vitae
- Job Application Letters
- Job Search Email
- Networking Letters
- Reference Letters
- Resignation Letters
- Thank You Letters
- Follow Up Letters
- Goodbye Letters
- Job Offer Letters
- Job Rejection Letters
- Templates and Samples
Resumes
Your resume needs to impress the hiring manager enough so you get the interview. That means it needs to be perfect. Here's how to write a resume, sample resumes, resume templates, resume builders, targeted resumes, resume posting, and resume writing tips.
Types of Resumes:
There are several basic types of resumes used to apply for job openings. Depending on your personal circumstances, choose a chronological, a functional, combination, or a targeted resume.
Chronological Resume:
A chronological resume starts by listing your work history, with the most recent position listed first. Your jobs are listed in reverse chronological order with your current, or most recent job, first. Employers typically prefer this type of resume because it's easy to see what jobs you have held and when you have worked at them.
This type of resume works well for job seekers with a strong, solid work history.
Sample Chronological Resume
Functional Resume:
A functional resume focuses on your skills and experience, rather than on your chronological work history. It is used most often by people who are changing careers or who have gaps in their employment history.
Sample Functional Resume
Combination Resume:
A combination resume lists your skills and experience first. Your employment history is listed next. With this type of resume you can highlight the skills you have that are relevant to the job you are applying for, and also provide the chronlogical work history that employers prefer.
Sample Combination Resume
Targeted Resume:
A targeted resume is a resume that is customized so that it specifically highlights the experience and skills you have that are relevant to the job you are applying for. It definitely takes more work to write a targeted resume than to just click to apply with your existing resume. However, it's well worth the effort, especially when applying for jobs that are a perfect match for your qualifications and experience.
Sample Targeted Resume
Mini Resume:
A mini resume contains a brief summary of your career highlights qualifications. It can be used for networking purposes or shared upon request from a prospective employer or reference writer who may want an overview of your accomplishments, rather than a full length resume.
Online Profiles
When you're looking for a job or moving up the career ladder, it's important to have an online presence where you can showcase your skills and experience. When you're consistent across sites, using the same themes and photos, you will be able to create a strong personal - and professional - brand.
Cover Letters
What does it take for cover letter to make an impact when the employer has received hundreds of applications for the position you have applied for? A well written and targeted cover letter can be what makes the difference. Here's how to write a cover letter, how to format a cover letter, types of cover letters and when to use them, plus cover letter samples and templates.
Curriculum Vitae
How to write a curriculum vitae, when to use a CV, plus curriculum vitae samples, examples, and templates.
Job Application Letters
Sample job application letters to send with a resume when applying for a job.
Job Search Email
When you are using email to job search, it's important that all your communications are as professional as they would be if you were writing an old-fashioned paper letter. Here's everything you need to know about job search email eitiquette.
Networking Letters
Networking is one of the best ways to obtain job search assistance. Here are networking letters, including referral letters, letters of introduction, and outreach letters, you can personalize and use for your own networking correspondence.
Reference Letters
Information on getting and writing reference and recommendation letters, sample letters of recommendation and reference lists, how to ask for a reference, and how to use references.
Resignation Letters
Are you ready to quit your job? Here is information on how to write a resignation letter, plus sample resignation letters and templates you can edit to formally notify your employer that you are resigning.
Thank You Letters
It's important to say thank you both to your interviewers and to the contacts who help with your job search. Review information on writing thank you letters for job interviews and career assistance, how to send thank you letters, along with sample thank you letters.
Follow Up Letters
What's the best way to follow up after a job interview or submitting your resume? Here are follow up letters you can customize to send after an interview, and to follow up on a resume or a job application you have submitted.
Goodbye Letters
Sample letters to say goodbye to co-workers and colleagues, including farewell letters for when you are laid off, retire, or resign.
Job Offer Letters
Even if you have accepted a job over the phone, it's a good idea to write a job acceptance letter to confirm the details of employment and to formally accept the job offer.
Job Rejection Letters
When you have decided to reject a job offer, you may want to let the employer know in writing that you are declining the offer. Here's how to politely decline an offer of employment.
Templates and Samples
Resume and letter samples for job seekers, including resumes, cvs, cover letters, interview thank you letters, follow-up letters, job acceptance and rejection letters, resignation letters, appreciation letters, and more great employment letter samples and templates.
Job interviews
Job interviews are always stressful - even for job seekers who have gone on countless interviews. The best way to reduce the stress is to be prepared. Take the time to review the "standard" interview questions you will most likely be asked. Also review sample answers to these typical interview questions.
Then take the time to research the company. That way you'll be ready with knowledgeable answers for the job interview questions that specifically relate to the company you are interviewing with.
How would you react if I told you that your interview, so far, was TERRIBLE?
How would you react if I told you that your interview, so far, was TERRIBLE?
Stop for a moment and really think...... how would you REACT in the heat of your interview this week if your interviewer said that to you?
Would you get angry and annoyed?
If so, you would have fallen for the 'TRAP'.
Listen to the question again and this time pay close attention to the most important word in the question -'If'.
The interviewer is NOT saying that your interview is terrible. He is asking: "How would you react IF I said your interview was terrible."
In other words, he is trying to find out how you REACT to..... criticism.
That's all.
He is TRYING discover what type of person you REALLY are - behind all your 'polished' answers.
The real answer to this question is YOUR RESPONSE. That's what the interviewer is looking out for.
Do you response calmly and with composure to the question? - or do you get anxious or response aggressively?
So listen carefully to the question and don't fall for the bait.
Interview-Questions/Call-Centre-BPO / Call Center / KPO / AllOther
16 "Are you satisfied with your career to date? What would you change if you could?" Be honest. The interviewer wants to know if you'll be happy. Are you willing to make some sacrifices to get your career on the right track? Your degree of motivation is an important selection factor. 17"What are your career goals? Where do you see yourself five or ten years from now?" Be realistic! Pie-in-the-sky goals label you as immature. One or two management jumps in 3-5 years is a reasonable goal. If your track record indicates you're in line for senior management in 10 years, then mention it. If you've had a rocky road, be introspective. 18"Why should we hire you for this position? What kinds of contributions would you make?" This is a good chance to summarize. By now, you should know the key problems. Restate and show how you would address them. Don't be arrogant—instead demonstrate a thoughtful, organized and strong attitude. 19"Describe what outstanding customer service means to you, and give an example of when you’ve provided outstanding customer service." The interviewer is trying to determine your customer service orientation. Be prepared to describe your thoughts on the importance of customer service and give an example of action(s) you have taken to meet or exceed customer needs. If you do not have previous call center experience, use other relevant examples of customer service experience. 20"Tell me about a time when you helped a customer solve a difficult problem." An effective call center agent has the ability to understand customer needs and identify the correct process or solution to address the issue. Give a specific example of how you resolved a customer issue. It may be helpful to describe what led up to the situation, how you reacted to the problem, what the solution was and if the customer satisfied with the result. 21"What would you do if you had been working on a project for several days and then you were suddenly asked to work on something different?" Change is the only constant in today's business environment. This question is designed to determine how willing you are to change according to the Call Center's needs. In this case it would be helpful if you were able to describe a similar work situation that you encountered, and how you reacted to the change. 22"Describe a time when you went the "extra mile" to support your team." A call center is a team-oriented environment where you often rely on other team members or departments to resolve customer issues and meet performance goals. Give a specific example of a job where you went "above and beyond" to support your team. 23"Describe a job you’ve had where you were required to complete a training program before being assigned to work." Call centers generally require a new employee to go through training to learn the company's products, services, and processes. The interviewer is trying to assess your level of commitment to the completion of a training program. In your response, describe a training program you've completed, how long the training program was, and what challenges .
Process Associate - Accounts Payable-Thomson Reuters
Process Associate - Accounts Payable-ACC00002662
Description
Thomson Reuters is the leading source of intelligent information for the world's businesses and professionals, providing customers with competitive advantage. Intelligent information is a unique synthesis of human intelligence, industry expertise and innovative technology that provides decision-makers with the knowledge to act, enabling them to make better decisions faster. Through its more than 50,000 people across 93 countries, Thomson Reuters delivers this must-have insight to the financial, legal, tax and accounting, scientific, healthcare and media markets, and is powered by the world's most trusted news organization. More information about Thomson Reuters and its financial performance can be found on www.ThomsonReuters.com http://www.thomsonreuters.com/ US A\R CASH APPLICATION TEAM:
The motto of our team is to apply all the funds received to the correct Accounts. The payments which come to us are by way of Checks and EFT (Electronic Fund Transfer). We use various tools to research and identify where the payment needs to be applied. We also get in touch with the collectors and some time the customers directly to apply the funds to the correct customers account.
The motto of our team is to apply all the funds received to the correct Accounts. The payments which come to us are by way of Checks and EFT (Electronic Fund Transfer). We use various tools to research and identify where the payment needs to be applied. We also get in touch with the collectors and some time the customers directly to apply the funds to the correct customers account.
Qualifications
• Lockbox- Need to apply funds received by way of checks. • EFT- Responsible to apply payments received by way of ACH (Automated Clearing House) & Wire Transfers.
• Unapplied Team - Any payment which the Lockbox and EFT team is not able to Identify will be moved to a suspense account called Unapplied and this team does a advance research on these payments and try to identify the orders where the payment needs to be applied.
• Adjustment - Write off is done basically to write off funds on an invoice which remains unpaid for a long time and only the Collections Team has access to write off funds. Transfer of funds from one invoice to another will be done through a manual adjustment.
• A\R Service Mailbox - This is a Generic mailbox to which Collections, Customers or business partners can sent Queries and also Escalations.
• Unapplied Team - Any payment which the Lockbox and EFT team is not able to Identify will be moved to a suspense account called Unapplied and this team does a advance research on these payments and try to identify the orders where the payment needs to be applied.
• Adjustment - Write off is done basically to write off funds on an invoice which remains unpaid for a long time and only the Collections Team has access to write off funds. Transfer of funds from one invoice to another will be done through a manual adjustment.
• A\R Service Mailbox - This is a Generic mailbox to which Collections, Customers or business partners can sent Queries and also Escalations.
Thomson Reuters employees take pride in providing our customers around the world with information that is timely, accurate, unbiased and trusted. We have a profound respect for the professions and customers we serve and define our success in terms of their success. Our work environment is dynamic, innovative and entrepreneurial. We have a result-oriented culture that demands excellence, agility, and the desire to move quickly and precisely to seize opportunities. Our environment is both challenging and supportive - we give employees the opportunity to develop their skills and do their best work.
Required Skills:
Good Communication Skill
Good analytical and problem solving skills
Willingness to work in night shifts
Team player
Calling experience would be an added advantage
MS office Knowledge
Accounting Experience
Good analytical and problem solving skills
Willingness to work in night shifts
Team player
Calling experience would be an added advantage
MS office Knowledge
Accounting Experience
Education & Experience :
1+ years of experience in similar business set ups.
Graduate - Commerce / Accounting
Thomson Reuters values diversity of culture and thought and seeks talented, qualified employees in all its operations around the world regardless of race, gender, national origin, religion, sexual orientation, disability, age or any other protected classification under country or local law.
Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer.
Thomson Reuters values diversity of culture and thought and seeks talented, qualified employees in all its operations around the world regardless of race, gender, national origin, religion, sexual orientation, disability, age or any other protected classification under country or local law.
Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer.
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