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Accenture P2P Accounts Payable Executive Interview Questions, Process, and Tips
Top Accenture P2P Accounts Payable Executive Interview Questions and Answers
- Q1. What is the cost element and cost center?
- Q2. We cac explain the all accounts receivable and accounts payable
- Q3. How many we have currencies in sap?
Accenture P2P Accounts Payable Executive Interview Experiences
3 interviews found
Selected
I applied via Naukri.com and was interviewed in Dec 2024. There was 1 interview round.
(5 Questions)
- Q1. How many variance in sap?
- Ans.
The number of variances in SAP can vary depending on the specific processes and transactions being analyzed.
The number of variances in SAP can be influenced by factors such as data entry errors, system glitches, or discrepancies in invoice processing.
Variances in SAP may be identified through reconciliation processes, exception reports, or manual reviews of accounts payable transactions.
Examples of variances in SAP inc...
- Q2. We cac explain the all accounts receivable and accounts payable
- Ans.
Accounts receivable and accounts payable are two important aspects of a company's financial operations.
Accounts receivable refers to money owed to a company by its customers for goods or services provided.
Accounts payable refers to money owed by a company to its suppliers or vendors for goods or services received.
Accounts receivable is an asset on the balance sheet, while accounts payable is a liability.
Managing accoun...
- Q3. What is the cost element and cost center?
- Ans.
Cost element and cost center are key concepts in accounting for tracking and allocating costs within an organization.
Cost element refers to the specific types of costs incurred by an organization, such as materials, labor, or overhead.
Cost center is a specific department, team, or function within an organization that is responsible for incurring costs.
Cost elements are assigned to cost centers to track and allocate cos...
- Q4. How many we have currencies in sap?
- Ans.
SAP supports over 160 currencies worldwide.
SAP supports over 160 currencies for global transactions.
Currencies can be configured in SAP using transaction code OB22.
Each currency is assigned a unique currency code (e.g. USD for US Dollar, EUR for Euro).
- Q5. How many types of projects
- Ans.
There are various types of projects, including internal projects, external projects, research projects, and development projects.
Internal projects focus on improving processes within the organization.
External projects involve working with external partners or clients.
Research projects aim to gather data and analyze findings.
Development projects focus on creating new products or services.
Examples: IT system implementati...
Interview Preparation Tips
- mba fresher
* Identify Your Strengths & Weaknesses:
* Strengths: What are you good at? What do you enjoy doing? What are your unique skills and talents?
* Weaknesses: What areas do you need to improve? What are your biggest challenges?
* Define Your Career Goals:
* Short-term: What kind of job are you looking for? What industry are you interested in? What salary range are you targeting?
* Long-term: What is your ideal career path? What are your long-term professional aspirations?
2. Enhance Your Job Search Strategy
* Build a Strong Online Presence:
* LinkedIn: Create a professional and engaging LinkedIn profile.
* Portfolio/Website: If applicable, showcase your work through a portfolio or personal website.
* Network, Network, Network:
* Attend industry events: Conferences, meetups, and workshops.
* Informational interviews: Connect with people working in your field of interest.
* Leverage your existing network: Let your friends, family, and former colleagues know you're job searching.
* Tailor Your Resume & Cover Letter:
* Customize: Tailor your resume and cover letter to each specific job application.
* Keywords: Use keywords from the job description to increase your chances of getting noticed by Applicant Tracking Systems (ATS).
* Quantify your achievements: Use numbers and data to demonstrate your accomplishments.
* Master the Job Interview:
* Practice: Prepare for common interview questions (behavioral, technical, etc.).
* Research: Learn about the company and the role you're interviewing for.
* Ask insightful questions: Demonstrate your interest and engagement.
3. Continuous Improvement
* Skill Development:
* Online courses: Platforms like Coursera, Udemy, and edX offer a wide range of courses.
* Certifications: Obtain relevant industry certifications to enhance your credentials.
* Volunteer work: Gain valuable experience and build your network.
* Stay Updated:
* Industry news: Keep up-to-date with the latest trends and developments in your field.
* Job market trends: Monitor job boards and industry publications to understand the current job market.
Key Advice:
* Be patient and persistent: The job search process can be challenging, but don't give up.
* Stay positive and maintain a growth mindset: Focus on your strengths and opportunities for improvement.
* Take care of yourself: Prioritize your physical and mental well-being during your job search.
Remember: The job market is constantly evolving. Be adaptable, proactive, and resourceful in your job search efforts. Good luck!
Keerthana15 P
(2 Questions)
- Q1. Tell about yourself
- Q2. Account payable
Selected
(4 Questions)
- Q1. P2P cycle process
- Q2. 2 way match and 3 way match
- Q3. What is acount payable with process
- Ans.
Accounts payable process involves managing and recording financial obligations to vendors and suppliers.
Accounts payable process includes receiving invoices from vendors and verifying them for accuracy
The process also involves obtaining approvals for payments and issuing payments to vendors
It is important to maintain accurate records of all transactions and ensure timely payments to avoid late fees or penalties
Automati...
- Q4. Why are u looking for job?
- Ans.
Looking for growth opportunities and to expand my skill set.
Seeking new challenges and experiences
Interested in learning new technologies and processes
Want to work for a company with a strong culture and values
Desire to advance my career and take on more responsibility
Exploring opportunities for professional development and networking
(2 Questions)
- Q1. Tell me your introduction
- Ans.
I am an experienced P2P Accounts Payable Executive with a strong background in managing financial operations.
I have over 10 years of experience in managing accounts payable processes
I am skilled in implementing process improvements to increase efficiency and reduce costs
I have a proven track record of managing large teams and ensuring timely and accurate payments to vendors
I am familiar with various accounting software...
- Q2. I am sangeeta and put up from Delhi at Durga park. I have done my graduation from Delhi University in bechour of commerce. I have 1 year experience in accounting field. Currenti am teacher at lakshay compu...
Interview Preparation Tips
- P2P profile
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P2P Accounts Payable Executive Interview Questions & Answers
Infosys
Anonymous
posted on 11 Feb 2023
I applied via Recruitment Consulltant and was interviewed in Jan 2023. There were 3 interview rounds.
2 part of questions, 1st part 20 questions and 2nd part 5 questions. Time 40 minits only
(2 Questions)
- Q1. Sap T codes with explanations
- Ans.
SAP T codes are transaction codes used in SAP systems to execute specific functions.
SAP T codes are alphanumeric codes that represent specific functions in SAP systems.
They are used to execute various tasks such as creating, modifying, or deleting data in SAP modules.
Each SAP module has its own set of T codes, such as FI for financial accounting or MM for materials management.
Examples of SAP T codes include FB01 for cr...
- Q2. Types of invoice should be processed
- Ans.
Various types of invoices should be processed in P2P Accounts Payable.
Purchase invoices for goods and services
Expense invoices for employee reimbursements
Utility invoices for electricity, water, etc.
Rent invoices for office space
Tax invoices for government taxes
Credit memos for returns or adjustments
Intercompany invoices for transactions between company entities
Interview Preparation Tips
I applied via Naukri.com
(2 Questions)
- Q1. Self Intrudutions
- Q2. Accounts related questions
(2 Questions)
- Q1. P2p cycle credit not debite note
- Q2. Bank reconciliation statement
(2 Questions)
- Q1. Own topic explain
- Q2. About bangalore
Selected
I applied via Walk-in and was interviewed in Oct 2024. There were 3 interview rounds.
Accounting and Grammar
(2 Questions)
- Q1. Accounts Payable Cycle
- Q2. Journal Entries
(1 Question)
- Q1. Took by Manager
Interview Preparation Tips
- Financial Accounting
Selected
I was interviewed in Jan 2024.
Accounts Payable Executive
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Easy to clear all the best for your u doing well I am in the same situation for you and your family members of the following is not a feature of the following is not
(1 Question)
- Q1. Checks your English and kind of person you are.
(1 Question)
- Q1. Some Basic Accounting Questions.
It's about some of English and General Aptitude test
Interview Preparation Tips
Rishabh shukla
Selected
I applied via Approached by Company and was interviewed in Apr 2023. There were 3 interview rounds.
What Is Account Payble , How to do Invoice Matching , 2way , 3 way match , what if vendor is having debit balance , what is accural
(5 Questions)
- Q1. What will be your responsibility as account payble
- Ans.
As an Accounts Payable Analyst, my responsibility would be to manage and process all the company's invoices and payments.
Processing invoices and ensuring they are accurate and approved
Maintaining vendor records and ensuring timely payments
Reconciling accounts payable transactions
Resolving invoice discrepancies and issues
Preparing and analyzing reports related to accounts payable
Communicating with vendors and internal d...
- Q2. What is consigner and consignee
- Ans.
Consigner is the person who sends goods to another person or company, while consignee is the person or company who receives the goods.
Consigner is the sender of goods
Consignee is the receiver of goods
Consigner retains ownership of the goods until they are sold by the consignee
Consignee pays the consigner for the goods sold
Example: A clothing manufacturer sends their products to a retail store for sale. The manufacturer...
- Q3. What is invoice number and why it is important
- Ans.
An invoice number is a unique identifier assigned to each invoice for tracking and reference purposes.
Invoice number helps in identifying and tracking the payment status of a particular invoice.
It is important for record-keeping and audit purposes.
It helps in avoiding duplicate payments and ensures accuracy in accounting.
For example, if a company receives multiple invoices from the same vendor, each invoice will have a...
- Q4. Diffrence between po and non po invoice
- Ans.
PO invoice is based on a purchase order while non-PO invoice is not.
PO invoice is generated when a purchase order is created and received by the vendor.
Non-PO invoice is generated when there is no purchase order involved.
PO invoice has a reference to the purchase order number and details.
Non-PO invoice does not have a reference to any purchase order.
PO invoice is easier to process and match with the purchase order.
Non-...
- Q5. What is 3 way and 4 way match
- Ans.
3 way match compares purchase order, goods receipt and invoice. 4 way match adds payment to the comparison.
3 way match ensures that the quantity and price on the invoice match the purchase order and goods receipt.
4 way match adds the payment to the comparison to ensure that the vendor is paid correctly.
This process helps prevent overpayment or underpayment to vendors.
Example: A company orders 100 units of a product, re...
Interview Preparation Tips
some other question like , how to avoid error during invoice quality check , p2p method explanation , journal entry of p2p process
I applied via Walk-in and was interviewed in Jul 2023. There were 3 interview rounds.
They conducted a quick test which contains 35 Marks in which i had to score atleast 17 marks for the next round
(1 Question)
- Q1. In Round 2 there was an Interview
- Ans. I had to go for interview in 2nd round. There they asked me about myself, my skills , some questions About job profile
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