If an invoice/request needs to be paid sooner, Accounts Payable needs to be informed of the date when the payment is needed to ensure the payment will be ready. What are the steps you take before you approve an invoice for payment? If you are attending an interview for the post of the Accounts Payable, you should be ready to face a few questions that would intrinsically be focussed on your knowledge. Accounts Payable Interview Questions At the time of invoice processing, for some payment terms like V terms, we manually enter baseline date like adding 10 days to the invoice date, scan date of the invoice e.t.c while for the other terms like N, the system automatically pulls 10+ date of the invoice or scan date. Accounts Payable (FI-AP) is a cornerstone of FI and MM Purchasing. Pre-Screening Interview Questions for Accounts Payable. How many invoices on average do you handle on a daily/weekly/monthly basis? Latest Accounts Payable Interview Questions & Answers. Set up FI-AP to manage vendors by maintaining payment terms, defining cash discount bases, and releasing invoices. In accounting, the three-way match refers to a procedure used when processing an invoice received from a vendor or supplier. The best way to reduce the stress is to be prepared for your job interview. The Most Common 42 Accounts Payable Interview Questions: Please review these with Answers. Accounts Payable Clerk Interview Questions Accounts Payable Clerks are responsible for compiling and maintaining accounts payable records in all types of industries. Adjusting your accounts payable interview questions to incorporate these expectations is essential in identifying candidates who have the right mix of skills, or the aptitude to develop them. Accounts payable clerks receive, verify and pay invoices to vendors for their products or services. These interview questions and answers on Accounts Payable will help you strengthen your technical skills, prepare for the interviews and quickly revise the concepts. Go through each step in detail such as checking that goods ⦠The purpose of the three-way match is to avoid paying incorrect and perhaps fraudulent invoices⦠They must maintain a general ledger to keep track of company expenditures, so they don't pay out more than they receive. Adjusting your accounts payable interview questions to incorporate these expectations is essential in identifying candidates who have the right mix of skills, or the aptitude to develop them. 8 Essential Accounts Payable Interview Questions. âQuestions 1 and 5 from the accounts payable interview list are a good place to start the interview for AP specialists; ⦠obtained all required approvals-PO copy would be sent to Vendor-Vendor will raise invoice and submit to accounts payable-Accounts Payable key invoice into ERP-Once the invoice fall on due invoice will get paid. As this process start with Procurement (P) and ends with Payments (P), hence this process also named as ⦠Take the time to review the standard interview questions you will most likely be asked. Jumpstart your configuration of vendors, deliveries, invoices, and payments with SAP FIAccounts Payable in this E-Bite. Of course, there are a few basic questions about accounts and allied subjects, but you should also ⦠Accounts Payable makes every attempt to pay invoices and requests for payment within three to five business days after the invoice/request has been received. Common requirements for this role include a BS degree or experience in Finance, Accounting or Business Administration. Show your understanding of the invoice verification process. âQuestions 1 and 5 from the accounts payable interview list are a good place to start the interview for AP specialists; â¦