Most Important Accounts Payable Interview Questions & Answers | AP/ P2P full Interview CorporateWala

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Important Resources for Interview Preparation:
📌 R2R (Record to Report) 3 days Video Course - bit.ly/corporatewalar2r
📌 P2P (Accounts Payable) 3 days Video Course - bit.ly/corporatewalap2p
📌 O2C (Accounts Receivable) 3 days Video Course - bit.ly/Corporatewalao2c
📌 Journal Entries Made Simple eBook- bit.ly/JEMSeBook
📌 Accounts Payable Key Concept eBook - bit.ly/APp2pebook
📌 Accounts Receivable Key Concept eBook - bit.ly/AReBook
📌 Accounts Payable Tricky Questions eBook - bit.ly/APTebook
📌 R2R (Record to Report) 2 days Video Course - bit.ly/449neI3
📌 P2P (Accounts Payable) 2 days Video Course - bit.ly/47vCTV1
📌 O2C (Accounts Receivable) 2 days Video Course - bit.ly/3KH3ogw
In this video I have covered following questions:
00:00 - Intro
00:02 - What are the Golden Rules of Accounting?
01:32 - What is Invoice processing? Invoice processing in SAP? Invoice processing in P2P?
01:47 - What is 2 way matching? what is two way matching in accounts payable?
02:08 - What is 3 Way matching? What is 3 way matching in SAP?
02:30 - Can we do 3 way matching without an Invoice?
02:39 - What will you do if you find any differences in 3 way matching process?
03:01 - What is an Invoice?
03:22 - What are the key details we will find on the Invoice?
03:59 - How many types of invoice are there?
04:15 - What is PO based invoice and what is non PO based invoice?
04:30 - Can you give me example of non po invoice?
04:45 - Can you walk me through the step by step process of Invoice processing in SAP?
05:22 - What are the various payment methods a company use in P2P or AP process?
05:57 - What are the main challenges in an invoice processing process?
06:32 - What will you do if you find any difference or mismatch while doing 2 way matching or 3 way matching?
07:36 - What is threshold limit in Invoice processing or accounts payable process?
07:47 - What is P2P cycle, can you walk me through it?
09:00 - What is the importance of vendor relationship management?
10:05 - What is Accounts Payable ageing report?
10:24 - How do you priorities which invoice we should process first?
10:55 - How would you ensure the accuracy of process invoice?
11:19 - What is Accounts Payable?
11:35 - Where you will show the Accounts Payable in the Balance-sheet?
11:44 - What is GRN? What is Goods Receipt Note?
12:04 - Outro and Watch other P2P/ AP videos
if you have an other question write them down in comment and i will answer them or Reach out to me for your specific Questions Comment:

[@CorporateWala]

If you got any value from this video, hit like and subscribe to my channel, it will motivate me to make more such videos in future as well. If you also want to participate in mock interview with me, let me know!

[@earningloots9916]

Hii I had uploaded my documents in Accenture by mistakenly the edited on which I have a supply. I edit the document for my scholarship purpose but mistakenly I had uploaded that document.But now I have passed my subject. The grade I have edited and the grade I have received is different. Will it effect my joining in accenture. Please reply ? I have uploaded my original pc and cmm in action items.please reply

[@thallamsneha8721]

Can you post most asked AP interview questions for freshers

[@jatingumber4139]

Hi sir, I have cleared the Accenture exam for Accounts Payable role

[@anjalidas6858]

Kab Diya tha test konse date ko???

[@CorporateWala]

Congratulations 🥂

[@rameshroczz1438]

Experience or fresher???

[@robinalex179]

Experience?

[@jatingumber4139]

Thank you sir

[@NandiniM-gb6cx]

Thank you for this video it is very helpful

[@CorporateWala]

Ur welcome 😇

[@Poojapn-7]

I got cal from upraised team in that call I told rotational shift is fine but today Accenture HR will cal so do I tell them to change my shift to day?If I tell like this they will accept me or they will reject me for this reason

[@aadhikesaven7531]

U got a call from upraised team? Could u plz tell me how’d u did that and even though I was given a correct answer but I didn't get any Cal or any mail

[@soshitatangadkar3611]

Hi Ankit, I got a message from Upraised regarding passing out the accenture job role...

[@CorporateWala]

congrats on clearing the initial test, hope you will clear the remaining rounds as well, all the best!

[@soshitatangadkar3611]

@@CorporateWala one of call received from upraised... They asked me, " Are you comfortable in a Banglore location for a job? I told them "No", I am comfortable with Pune... Still not receiving any calls from them...

[@CorporateWala]

I think they are not currently hiring for Pune

[@Chaleinawara]

Hi Ankit I was given an online assessment on Friday 29 March when I will get confirmation for result

[@CorporateWala]

If you have completed your online test but haven't got any confirmation within 48 hours, you are either rejected or waitlisted

[@little._things]

Hi, I want to enrol on the interview preparation for AP/AR/O2C I want to know all the procedures and how it will work after I enrol how it will work?

[@CorporateWala]

Responded on your other comment

[@Poojapn-7]

This is for night shift

[@Abhi.Sharma.]

Hi Ankit sir, I'm selected in 2 companies for accounts payable process, but calls & Email not came from HR Team and almost 2 months completed. 1st NAV - Document Verified but no given offer latter. 2nd Infosys - Not any mail & calls from HR What should i do.....

[@CorporateWala]

Do you have contact details of hiring manager or HR please reach out to them and seek clarification or further process?

[@snehalpatil6251]

Muze account payable may search karna hai Abhi Mera job profile different hai to may move ho sakti hu AP profile may

[@CorporateWala]

Yes but uske liye new profile ki skills or knowledge honi chahiye

[@garimakushwaha6586]

Sir mene Accenture me assessment test doya tha lekin sayd rejected ho gya hai kya me dubara kisi or post me apply kr sakti....

[@CorporateWala]

Ekbar reject hone k bad 6 months tak apply nahi kar skate, you can try agar database main name update nahi kiya hoga unn logo ne to kar sakte ho apply

[@garimakushwaha6586]

@@CorporateWala thankyou sir

[@CorporateWala]

😇

[@Himanshu_sharma1999]

Hello One question Can we move from RTR to FPNA profile? What’s the requirements of this

[@mahan_parchha]

Hi Ankit Sir, I want to tell you that I also want to give you a mock interview. So plz tell me what the process is for approaching you. Even I purchased your 3 day R2R preparation videos

[@CorporateWala]

Hi your preparation is done for the interview? If yes please reach out to me on Instagram on coming weekend and i will take your interview

[@mahan_parchha]

@@CorporateWala Not yet sir im doing it, but definitely I will inform you and we will meet very soon...🙂🙂

[@CorporateWala]

Sure once you feel your preparation is done, comment on my latest post or dm on Instagram

[@mahan_parchha]

@@CorporateWala ok sir thanks 😊🙏

[@user-ki9ff6fz5d]

Osm Ankit I appreciate your efforts. 😊

[@gunjanjames2522]

Please make video on NAV company in Jaipur Please

[@vikashsharma7207]

Nav is working in fund accounting

[@abbaszaidi4048]

Hey Ankit, i cleared the assessment by upraised. I got the message from upraised where they mentioned that they will call me and ask me to ready with my salary slip and discussion for expected CTC. Can you please give me the idea what type of questions they will ask

[@Nirmala-sk7nt]

Yeah even I got the same. But I didn't get any call from Accenture HR. Did you get any?

[@abbaszaidi4048]

@@Nirmala-sk7nt no not yet

[@Nirmala-sk7nt]

@@abbaszaidi4048 yeah they are telling that due to huge of applications this happened. I got that message on 3rd of April only

[@abbaszaidi4048]

@@Nirmala-sk7nt Did you get any call ?

[@ravinderarya1716]

Bro, I was giving an upraised assessment but unfortunately I had to get back during the assessment. Now it is showing ( this test is abandoned). Please suggest what to do..???

[@CorporateWala]

Have you received any support email or contact information in the test email check it and try to reach out to the support team

[@ravinderarya1716]

@@CorporateWala did not get any kind of support email.. Don't know what to do right now. If you have any kind of contact please help me.

[@CorporateWala]

@@ravinderarya1716 I will try to see if there is any way i can help you, else pls fill the form again and try maybe they will give you another test link?

[@ravinderarya1716]

@@CorporateWala okk

[@CorporateWala]

🤗

[@pratibhasingh-hu5ge]

Hi ,Ankit sir, I want to tell you that I also want to give you a mock interviews. So please tell me what the process is for approaching your course. I want to purchased your 3days P2P preparation videos. Please reply me 🙏 I need a job (P2p)Process 😑🙏

[@CorporateWala]

Hi you can register for my course from my website corporatewala.in and for mock interview please DM on Instagram once you are done with your preparation

[@pratibhasingh-hu5ge]

Okk Sir👍

[@anjalidas6858]

Hello Ankit sir ...can you tell me about the vacancy for freshers...as i was Article assistant in ca firm for 3 years...but they are not considereing as a experience??? What should i do now ??? Can you please suggest me???? Which company hires a fresher candidate???

[@anjalidas6858]

I have been trying since last Feb '24' ...but couldn't find it core accounting work vacancy in any MNC ...what should I do now....will I have to enhance my skills???

[@CorporateWala]

As a fresher you can go in P2P and O2C profiles and gradually learn and grow in your career, it is hard to get jobs in r2r and fpna as a fresher as opportunities are very limited

[@CorporateWala]

Yes work on your skills and try to start with a good company

[@anjalidas6858]

Thanku sir👍👍

[@anjalidas6858]

As a fresher...konse skills pr kaam kru to get a job as P2P or O2C??

[@selvarajkumars2770]

Sir after learning course u give the placement sir

[@CorporateWala]

hi no it is interview preparation batch only, I am not a placement agency

[@selvarajkumars2770]

I want to learn the p2p and o to c how to learn sir

[@jatingumber4139]

Now what will be the process

[@CorporateWala]

Process of what?

[@vikramchoudhary1063]

These questions are completed

[@CorporateWala]

Great 😊

[@snehalpatil6251]

Hello sir

[@CorporateWala]

Hello

[@user-hs4ep7my4e]

Content acha but hindi me

[@CorporateWala]

Playlist section dekho, hindi main bhi hai waha

[@TravelRe-Born]

Bhai mujhe videi lo is se achs blunga detaisk me apku

[@CorporateWala]

Please DM on Instagram

[@TravelRe-Born]

@@CorporateWala bhai kya yar reply hi nhi karte ho insta pe .youtube pe videos banana chod do ap .apki bus ki bat nhi handle karna

[@praveshsharma2618]

Hi Sir, I received a message from Upraised on 03/Apr that u passed the exam. We will contact u toady but not getting any call. They provideed a number but it goes busy.

[@CorporateWala]

congrats ...pls wait if you have passed the test they will reach out to you

[@Pooja-gs9fc]

even mine also the same issue. on same date i got message and call from upraised HR but not getting call from accenture HR. please inform here once you receive the call

[@praveshsharma2618]

​@@Pooja-gs9fc Till now,I haven't received any call. Only a whatsapp msg from Upraised officials.

[@praveshsharma2618]

​@CorporateWala Sir pls help in this if possible.

[@Pooja-gs9fc]

@@praveshsharma2618 now they are telling that they will inform us once they get feedback from Accenture