Exela Technologies Accounts Payable Interview Questions and Answers

Q1. Yourself How many experience What did you do in accounting? Current salary Expected salary
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Q2. Yes this is my final
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Q3. Explain the P2p cycle
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The P2P cycle, or procure-to-pay cycle, is the process of obtaining goods or services from a vendor and paying for them.
• The cycle starts with the need for goods or services, followed by requisitioning and approval.

• Next, the purchase order is created and sent to the vendor.

• Goods or services are received and inspected, then an invoice is generated by the vendor.

• The invoice is matched with the purchase order and receipt, ...read more
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Q4. What is ment accountpayable
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Accounts Payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts Payable is a liability on the balance sheet

• It represents the amount of money a company owes to its suppliers or vendors

• It is typically recorded when goods or services are received before payment is made

• Accounts Payable is an important part of the working capital management of a company
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Q5. Migo and miro journal entry
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Q1. Educational Qualification
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Q1. Accounts related questions
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Q2. Journal entries Accounts payable and Accounts receivable details info Accounting concepts BRS
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English, typing and voice assessment

Q1. Salary discussion round
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Q1. Basic questions asked about accounts payable
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Q1. What is accounts what is cost accounts
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Accounts payable is the amount a company owes to its suppliers for goods and services purchased on credit. Cost accounts are used to track the costs associated with producing goods or services.
• Accounts payable is a liability on the balance sheet representing the amount a company owes to its suppliers.

• Cost accounts are used to track the costs incurred in producing goods or services, including direct materials, labor, an...read more
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Q1. What is accounts payable
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Accounts payable is the amount of money a company owes to its suppliers or vendors for goods or services purchased on credit.
• Accounts payable represents a company's short-term debts to suppliers or vendors.

• It is recorded as a liability on the balance sheet.

• Accounts payable is typically paid within a certain period, often 30, 60, or 90 days.

• Examples include invoices from suppliers for inventory purchases or services ren
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Q1. Tell me about yourself
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