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P2P cycle refers to the Procure-to-Pay cycle, which is the process of purchasing goods or services and paying for them.
The cycle starts with identifying the need for a product or service
Then, a purchase order is created and sent to the supplier
The supplier delivers the product or service and sends an invoice
The invoice is verified and approved for payment
Finally, payment is made to the supplier
Examples include ordering...
PO stands for Purchase Order and Non-PO refers to transactions that do not involve a purchase order.
PO is a document that a buyer sends to a seller to request goods or services.
Non-PO transactions include expenses such as travel, office supplies, and utilities.
PO transactions are typically more formal and involve a contract or agreement, while non-PO transactions are more informal.
PO transactions are easier to track an...
Goods Receipt Note is a document used to record the receipt of goods from a supplier.
It contains details such as the quantity and quality of the goods received, the date of receipt, and the supplier's name.
It is an important document for inventory management and accounting purposes.
It is usually prepared by the receiving department and sent to the purchasing department for verification.
Example: A company receives a shi...
What people are saying about Accenture
I applied via Recruitment Consulltant and was interviewed before Mar 2022. There were 2 interview rounds.
Accenture interview questions for designations
I applied via Company Website and was interviewed in Feb 2022. There were 3 interview rounds.
The test we write it knows about our skills
Test will get more knowledge
Get interview-ready with Top Accenture Interview Questions
I applied via AmbitionBox and was interviewed in Dec 2021. There were 4 interview rounds.
Reasoning maths eng
2 ques
I applied via Naukri.com and was interviewed before Mar 2022. There were 4 interview rounds.
Case study based on AML kyc given on a real time basis
I applied via Job Portal and was interviewed in Jan 2022. There was 1 interview round.
I applied via Company Website and was interviewed in Jan 2021. There were 3 interview rounds.
Grammer and logical and reasoning
2 Interview rounds
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