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Infosys P2P Accounts Payable Executive Interview Questions and Answers
Infosys P2P Accounts Payable Executive Interview Experiences
1 interview found
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
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P2P Accounts Payable Executive Interview Questions & Answers
Accenture
Anonymous
posted on 6 Jan 2025
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!
I applied via LinkedIn and was interviewed in Dec 2024. There was 1 interview round.
(4 Questions)
- Q1. What is the objective of reconciliation & why is it important?
- Ans.
Reconciliation is the process of comparing financial records to ensure accuracy and consistency.
Objective is to identify discrepancies between records
Ensures accuracy of financial data
Helps in detecting errors or fraud
Aids in maintaining financial integrity
Important for financial reporting and decision-making
Example: Reconciling bank statements with company records
- Q2. What is the objective of vendor invoicing?
- Ans.
The objective of vendor invoicing is to accurately record and track the goods or services purchased from a vendor and facilitate timely payment.
Vendor invoicing helps in maintaining accurate records of purchases and expenses.
It ensures that the company is billed correctly for the goods or services received.
Vendor invoicing helps in tracking payments and managing cash flow effectively.
It also helps in building and maint...
- Q3. What is SLA & KPI? Explain the 5 differences between them.
- Ans.
SLA stands for Service Level Agreement and KPI stands for Key Performance Indicator. They are both important metrics in measuring performance.
SLA is a contract between a service provider and a customer, outlining the level of service expected. KPI is a measurable value that demonstrates how effectively a company is achieving key business objectives.
SLA focuses on the agreed upon level of service, while KPI focuses on p...
- Q4. What do you understand with O2C?
- Ans.
O2C stands for Order to Cash, which is the process of receiving and fulfilling customer orders.
O2C involves receiving customer orders, processing them, fulfilling the orders, and receiving payment.
It includes steps such as order entry, order fulfillment, invoicing, and payment collection.
Efficient O2C processes help improve cash flow and customer satisfaction.
Example: A customer places an order online, the order is pro...
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
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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- Personal Details
- Objective of candidates
- Skills
- Good communication skills
(1 Question)
- Q1. Walk me through your cv
(2 Questions)
- Q1. Accounts based question
- Q2. What is B2B process
- Ans.
B2B process refers to business-to-business transactions where one business sells products or services to another business.
Involves transactions between two businesses
Includes purchase orders, invoices, and payments
Typically involves larger quantities and higher values compared to B2C transactions
Examples: a manufacturer selling products to a retailer, a software company providing services to a corporation
Selected
I applied via Campus Placement and was interviewed in Feb 2023. There were 2 interview rounds.
It was basic test of General knowledge and reasoning and english and mathematics
So i had GD with the process manager and team leader, they asked me about my self and about my experience about the knowledge i have
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