METRO Global Solutions Center Accounts Payable Financial Analyst Interview Questions and Answers for Freshers

Q1. Introduce yourself , what is accounts payable, what is p2p process
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Q1. What are fictious assets , amortization, surplus account in profit and loss
Ans. 
Fictitious assets are non-physical assets with no real value, amortization is the gradual write-off of an asset's cost, and surplus account in profit and loss is used to record excess profits.
• Fictitious assets are intangible assets that do not have a physical existence, such as goodwill or patents.

• Amortization is the process of spreading the cost of an intangible asset over its useful life, similar to depreciation for ...read more
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Q2. Accounts payable cycle vs p2p cycle
Ans. 
Accounts payable cycle involves processing invoices and making payments, while P2P cycle includes the entire procure-to-pay process from requisition to payment.
• Accounts payable cycle focuses on processing invoices, obtaining approvals, and making payments to vendors.

• P2P cycle includes the entire procure-to-pay process, starting from requisitioning goods or services, receiving them, and finally making payments.

• Accounts ...read more
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Asked to say something about himself and discussed about a particular subject give by them.

Q1. About golden rules
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Q2. What is depreciation
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Q3. Types of purchase order
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Q4. Introduction about himself
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Q5. And some Excel releted questions and all other ap related questions
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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

Q1. Accounting terms and basics
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Q1. What is AP in sap explain
Ans. 
AP in SAP stands for Accounts Payable, which is a module in the SAP software that manages and tracks all financial transactions related to vendor invoices and payments.
• AP in SAP is responsible for recording and processing vendor invoices

• It manages the payment process and tracks outstanding payments

• AP in SAP integrates with other modules like General Ledger and Purchasing

• It helps in maintaining accurate financial record...read more
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Q2. What is ERP in sap ?
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ERP stands for Enterprise Resource Planning. It is a software system used to manage business processes and data.
• SAP is an example of an ERP system.

• ERP systems integrate various business functions such as finance, HR, and supply chain management.

• ERP systems provide real-time data and analytics to help businesses make informed decisions.

• SAP ERP includes modules such as Financial Accounting, Sales and Distribution, and Ma
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Q1. Accounts fundamentals
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Q1. What is account payable
Ans. 
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 financial obligations to pay for goods or services received.

• It is listed as a liability on the company's balance sheet.

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

• Examples include invoices from supplie...read more
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Q1. About basic accountings,P2P proccess, 2,3 way matching ,hobies
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