Clerk Accounts Payable Interview Preparation Guide
Elevate your Accounts Payable Clerk interview readiness with our detailed compilation of 129 questions. Our questions cover a wide range of topics in Accounts Payable Clerk to ensure youre well-prepared. Whether youre new to the field or have years of experience, these questions are designed to help you succeed. Dont miss out on our free PDF download, containing all 129 questions to help you succeed in your Accounts Payable Clerk interview. Its an invaluable tool for reinforcing your knowledge and building confidence.129 Accounts Payable Clerk Questions and Answers:
1 :: Do you know what is VAT (Value Added Tax)?
Value-Added Tax (VAT) is a tax on consumer spending. It is collected by VAT-registered traders on their supplies of goods and services effected within the State, for consideration, to their customers
2 :: Do you know what is PO invoice?
For material/Goods Purchases, the Po is required. In the Po, QTY, Product Name, Where is delivery price, Terms and Conditions. In the po there is no matter of final amount. It is just the approximate amount.
3 :: Tell me what is pro forma?
A pro forma invoice is a price quote and subject to change. Accounts Payable Services does not pay from pro forma invoices, statements, quotes or estimates.
4 :: Explain the process for creating a Purchase Order?
Procurement & Travel Services provide instructions for creating a Purchase Order.
5 :: Explain can it’s possible that I approve my own reimbursement?
No. Someone other than the individual getting reimbursed must approve reimbursements. The electronic RFP system automatically checks for invoice approval.
6 :: Explain me do you know about separate responsibilities?
The employee responsible for making payments to vendors should never be the same person that reconciles your company’s bank accounts.
7 :: Tell me what are your strengths as an accounting professional?
Try to make your strengths relevant to the job requirements. This list of strengths is a useful resource for answering interview questions about your strengths.
Identify your top transferable competencies from your previous work and life experience and provide the right answer to the frequently asked interview question.
Identify your top transferable competencies from your previous work and life experience and provide the right answer to the frequently asked interview question.
8 :: Tell me what unusual questions an interviewer can asked?
► What would I find in your refrigerator?
► What’s the last book you read?
► What animal are you most like?
► What’s the last book you read?
► What animal are you most like?
9 :: Tell me what organizational skills you have?
Accounts payable clerks must have strong organizational skills. A pre-screening interviewer likely will ask, “What organizational skills do you possess?” Or, “How do you keep up with invoicing demands?” Focus on your organizational skills, attention to detail, ability to pay invoices in a timely manner and communication strengths. Employers want accounts payable clerks who diligently keep up with invoices and don’t let payments slip through the cracks. Discuss previous work situations where you had to contact vendors personally, communicate with upper management about invoicing concerns, or make important financial decisions that required organizational or problem-solving skills.
10 :: Explain me what is the meaning of invoice?
Invoice is a statement which contains the under mentioned details compulsorily.
❀ 1. Invoice Number
❀ 2. Invoice date
❀ 3. Name and address of the person
❀ 4. Name and address of the person to whom invoice is made. ( Buyer of goods and service)
❀ 5. Description of goods / services involved
❀ 6. Applicable rates and taxes with percentages
❀ 7. Rate of the goods / services
❀ 8. Quantity of the goods and services
❀ 9. Quality or any other specifications
❀ 10. Price / Value of the goods and services
❀ 11. Invoice must be signed by the person making it
❀ 12. Terms and conditions of making the payment
❀ 1. Invoice Number
❀ 2. Invoice date
❀ 3. Name and address of the person
❀ 4. Name and address of the person to whom invoice is made. ( Buyer of goods and service)
❀ 5. Description of goods / services involved
❀ 6. Applicable rates and taxes with percentages
❀ 7. Rate of the goods / services
❀ 8. Quantity of the goods and services
❀ 9. Quality or any other specifications
❀ 10. Price / Value of the goods and services
❀ 11. Invoice must be signed by the person making it
❀ 12. Terms and conditions of making the payment