18 TOP Accounts Payable Interview Questions and Answers

List of top 18 most frequently asked Accounts Payable interview questions and answers pdf download free

Accounts Payable Interview Questions and Answers List

  1. What is the difference between billable and non-billable expenses?
  2. What steps would you take before approving an invoice for payment?
  3. What is the meaning of invoice?
  4. What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
  5. What is the difference between Consignor and Consignee?
  6. What is the difference between SAP MEMORY and ABAP MEMORY?
  7. How is a PO (Purchase order created)?
  8. How does the payment mechanism work?
  9. What do you understand by Open Item Managed Account?
  10. What do you mean by WCC?
  11. What is an IFA?
  12. What do you understand by Intercompany Settlement?
  13. What is FBT (Fringe Benefit Tax)?
  14. What is debit and credit from the banks point of view?
  15. What is meant by liabilities?
  16. What steps would you take before making a payment?
  17. If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible?
  18. What are steps to define supplier?
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