Capgemini Accounts Payable Processor Interview Questions and Answers

Q1. TDS sections and percentage
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Q2. SAP Tcodes.
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Q1. What is Credit Note and Debit Note ?
Ans. 
Credit Note is issued by a seller to a buyer for reducing the amount payable, while Debit Note is issued by a buyer to a seller for increasing the amount payable.
• Credit Note reduces the amount payable by the buyer to the seller.

• Debit Note increases the amount payable by the buyer to the seller.

• Credit Note is issued when there is an overcharge or return of goods.

• Debit Note is issued when there is an undercharge or addit...read more
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Q2. If i am paying you for the Raw Material in cash , what will you , Creditor or Debtor ?
Ans. 
Creditor, as the company is receiving cash for the raw material
• The company receiving the cash for the raw material is the Creditor

• The party paying for the raw material in cash is the Debtor

• Example: If a supplier pays cash for raw material, they are the Creditor and the company receiving the cash is the Debtor
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Q3. What is 3 way Matching rule ?
Ans. 
3 way matching rule is a process in accounts payable where the purchase order, receiving report, and vendor invoice are compared to ensure accuracy.
• Involves matching the purchase order with the receiving report and vendor invoice

• Ensures that the quantities, prices, and terms on all three documents match

• Helps prevent errors, fraud, and discrepancies in payments

• Example: If a company orders 100 units of a product, receive...read more
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Q4. How to Book an Invoice and Purchase Order ?
Ans. 
To book an invoice and purchase order, you need to match the details on the invoice with the corresponding purchase order and enter them into the accounting system.
• Verify that the details on the invoice match the corresponding purchase order.

• Enter the invoice details into the accounting system, including the invoice number, date, amount, and payment terms.

• Match the invoice to the purchase order in the accounting system...read more
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Q5. What is p2p and its Flow ?
Ans. 
P2P stands for Procure-to-Pay, which is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services.
• P2P involves the entire procurement process from start to finish.

• It starts with a requisition for goods or services, followed by the purchase order, receipt of goods or services, invoice processing, and payment.

• The final step is accounting for the transaction in the company's f...read more
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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

Q1. Checks your English and kind of person you are.
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Q1. Some Basic Accounting Questions.
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It's about some of English and General Aptitude test

Q1. Introduce yourself?
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Q2. Are you ready to relocate?
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10 questions on Domain and duration 10 minutes

Q1. Introduce yourself?
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Q2. What is P2P cycle?
Ans. 
P2P cycle refers to the Procure-to-Pay cycle, which is the process of obtaining and paying for goods and services.
• P2P cycle starts with the requisition of goods or services by the buyer.

• Next, the buyer selects a vendor and creates a purchase order.

• Upon receiving the goods or services, the buyer verifies the receipt and approves the invoice for payment.

• Finally, the buyer processes the payment to the vendor.

• Examples: Req...read more
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Q1. Role and responsibilities
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Q1. Role and responsibilities
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What Is Account Payble , How to do Invoice Matching , 2way , 3 way match , what if vendor is having debit balance , what is accural

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...read more
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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...read more
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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...read more
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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-...read more
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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...read more
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They conducted a quick test which contains 35 Marks in which i had to score atleast 17 marks for the next round

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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