Nail the Accounts Payable Interview l Accounts payable (AP) Interview | Accounts Executive Interview

Nail the Accounts Payable Interview l Accounts payable (AP) Interview | Accounts Executive Interview
Accounts Payable Job Interview | Accounts Executive Interview questions and answers | PD Classes
An accounts payable interview is a job interview that assesses a candidate's qualifications for a position in accounts payable. Accounts payable is the department of a company that is responsible for paying bills to vendors. The interviewer will ask questions about the candidate's experience, skills, and knowledge of accounts payable. Accounts Payable is sometimes referred to as a current liability account.
Accounts payable (AP)
Q.1 – What Do You Mean by Accountancy?
Q.2 – What do you Mean by Accrual Expenses?
Q.3 – What is Accounts Payable?
Q.4 – What Is P2P Cycle?
Q.5 – Which are the documents need in P2P Cycle?
Q.6 – On Which Of P2P Profile You are Working on Currently?
Q.7 – What Is Purchase Requisition?
Q.8 – What is Purchase Order?
Q.9 – What is difference between Purchase Order And Sales
Order?
Q.10 – Can You Tell Me Types of PO?
Q.11 – Can You Elaborate All the types of purchase Order?
Q.12 – What do you mean by GR/IR Account?
Q.13 – What Is 2-way Match, 3way Match And 4 Way Match?
Q.14 – What Do you mean by invoice and how is different
from Performa Invoice?
Q.15 – Tell me how many types of invoice are There In your
Company?
Q.16 – Difference Between MIRO and MIGO.
Q.17 – Difference Between FB60 and FV60.
Q.18 – Difference Between PO Based and Non PO Based invoice
Q.19 – What is process to process the PO Based Invoice?
Q.20 – Why do we hold the invoice Sometimes?
Q.21 – What do you mean by TDS and Tell me Under which
sections of TDS are you Working on?
Q.22 – What is Debit and Credit Note?
Q.23 – Difference Between Vendor Statement and Vendor
Reconciliation?
Q.24 – What is TAT and SLA?
Q.25 – Tell me On Which T-codes are you working in your
Current Profile?
Q.26 – Tell me About GST.
Q.27 – What Is Vendor Master Data Configuration.
Q.28 – Have you any Experience of Releasing Vendor
Payment?
Q.29 – What is Payment Terms?
Q.30 – What Is Payment Method?
#accountspayable
Accounts, COST ACCOUNTING MBA Interview:    • MBA Interview  
a liability to a creditor, carried on open account, usually for purchases of goods and services.
balance due
bill
debt
invoice
liability
tax
unpaid bill
30 MBA / CA / ACCOUNTS interview
   • Management : MBA , BBA , C.A. , Accountant...  

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What is your experience with processing invoices?
How do you handle discrepancies between invoices and purchase orders?
What is your experience with AP software?
Can you describe your experience with accounts payable audits?
Skills-related questions
Are you proficient in Microsoft Excel?
Do you have experience with any other accounting software?
Are you familiar with GAAP or IFRS?
Can you explain the three-way match process?
Problem-solving questions

Can you describe a time when you had to resolve a complex AP issue?
How would you handle a situation where a vendor was disputing an invoice?
What would you do if you discovered that an invoice had been paid twice?
In addition to these general questions, the interviewer may also ask questions specific to the company or the position.

Here are some tips for preparing for an AP interview:

Research the company and the position thoroughly.
Be prepared to answer questions about your experience, skills, and knowledge.
Practice your answers to common interview questions.
Dress professionally and arrive on time for your interview.
Be enthusiastic and positive.
By following these tips, you can increase your chances of success in your AP interview.
Some of the common questions that are asked in an accounts payable interview include:

What is your experience with accounts payable?
What are your skills in using accounting software?
What is your knowledge of the three-way match process?
How would you handle a discrepancy between an invoice and a purchase order?
What is your experience with resolving vendor disputes?
What are your strengths and weaknesses?
What are your salary expectations?
In addition to these general questions, the interviewer may also ask questions about the specific company and position. The candidate should be prepared to discuss their interest in the company and why they are a good fit for the position.

Here are some tips for preparing for an accounts payable interview:

Do your research on the company and the position.
Be prepared to answer questions about your experience, skills, and knowledge of accounts payable.
Practice your answers to common interview questions.
Dress professionally and arrive on time for the interview.
Be polite, enthusiastic, and professional during the interview.
By following these tips, you can increase your chances of success in your accounts payable interview.