TCS Accounts Payable Associate Interview Questions, Process, and Tips

Yes, I am flexible with night shifts and have previous experience working during those hours.

• I have no issues working night shifts and can adjust my schedule accordingly.

• I have worked night shifts in my previous job and have experience handling tasks during those hours.

• I understand the importance of being available during night shifts to ensure smooth operations.

I have experience using SAP T-codes such as F-43, FB60, and MIRO.

• F-43 is used for entering a payment with reference

• FB60 is used for entering invoices

• MIRO is used for entering vendor invoices

Bad debt refers to money owed to a company that is unlikely to be paid back by the debtor.

• Bad debt is an uncollectible amount that a company has deemed as unlikely to be recovered.

• It is recorded as an expense on the company's income statement.

• Companies may write off bad debts to remove them from accounts receivable.

• Examples include customers who have declared bankruptcy or are insolvent.

Goodwill is an intangible asset that represents the value of a company's reputation, brand, and customer relationships.

• Goodwill is recorded on a company's balance sheet when it acquires another company for a price higher than the fair market value of its net assets.

• It is considered an intangible asset because it cannot be physically measured or touched.

• Goodwill can be impaired if the value of the acquired company decre...read more

P2P process refers to the end-to-end process of procuring goods or services, from requisition to payment.

• P2P stands for Procure-to-Pay.

• It involves various steps such as requisitioning, purchasing, receiving, and paying for goods or services.

• The process typically starts with a purchase requisition, followed by supplier selection, purchase order creation, goods receipt, invoice verification, and finally, payment.

• P2P proc...read more

I expect a competitive salary based on my experience and the responsibilities of the role.

• Research the average salary range for Accounts Payable Associates in your area

• Consider your level of experience and any additional qualifications you bring to the role

• Be prepared to negotiate and discuss your salary expectations

• Provide a range rather than a specific number to allow for flexibility

My family background is diverse and has shaped my values and work ethic.

• My parents come from different cultural backgrounds, which has exposed me to different perspectives and traditions.

• My father is a small business owner and my mother is a teacher, instilling in me a strong work ethic and a passion for learning.

• I have two siblings, and we have always supported and motivated each other to achieve our goals.

• Growing up,...read more

I worked as an Accounts Payable Associate at XYZ Company.

• Processed invoices and ensured timely payments

• Managed vendor accounts and resolved any payment discrepancies

• Maintained accurate records of all financial transactions

• Assisted in month-end closing activities

• Collaborated with other departments to resolve invoice-related issues

I have the necessary skills, experience, and dedication to excel in this role.

• I have a strong background in accounts payable processes and procedures.

• I am highly detail-oriented and have a proven track record of accuracy in my work.

• I am proficient in using accounting software and have experience with various ERP systems.

• I am a quick learner and can adapt to new systems and processes easily.

• I am a team player and can ef...read more

I am looking for a change to explore new opportunities and challenges in my career.

• Seeking growth and advancement in my professional journey

• Interested in expanding my skill set and knowledge

• Want to work in a more dynamic and innovative environment

• Looking for better work-life balance

• Desire to contribute to a company with a strong mission and values

In 5 years, I see myself as a senior Accounts Payable Associate, taking on more responsibilities and contributing to the growth of the company.

• Advancing to a senior role in the Accounts Payable department

• Taking on more responsibilities and managing a team

• Contributing to process improvements and efficiency

• Continuing to develop my skills and knowledge in the field

• Building strong relationships with vendors and colleagues

I am an experienced Accounts Payable Associate with a strong attention to detail and a track record of accuracy in processing invoices and payments.

• I have worked in the accounts payable department for the past five years, handling a high volume of invoices and ensuring timely payments.

• I am proficient in using accounting software such as QuickBooks and SAP to accurately record and track financial transactions.

• I have a s...read more