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How to Prepare for Your Accounts Payable Interview Questions List the accounts payable interview questions. Don't let salary questions throw you for a loop. Understand the real purpose behind unusual questions. Know how to stay poised during your accounts payable interview.
Operational and Situational questions What interests you about working in accounts payable at a company like ours? What training or experience has prepared you for the role of accounts payable clerk? Describe your familiarity with accounting software. ... In as much detail as possible, describe the accounts payable process.
Give specific examples of how you're accurate with multiple accounts. Accuracy and integrity are important elements of being a successful accounts payable clerk. Describe your approach to working with ledgers, such as reviewing each account regularly so transactions are accurately recorded and reconciled.
Accounts payable is the money a company owes its vendors, while accounts receivable is the money that is owed to the company, typically by customers. When one company transacts with another on credit, one will record an entry to accounts payable on their books while the other records an entry to accounts receivable.
Example answer: "Accounts payable refers to the money that has to be paid back by a business for goods or services purchased on credit. It is the money that they owe someone and there is a short period to pay it back. You can enter it in a company's records as a current liability or under the heading 'sundry creditors.