Account Payables Interview Questions

1-What is the process/steps for Vendor Conversion?
2-What is Invoice Tolerance?
3-Explain the set up used for Automatic or Manual Supplier Numbering.
4-What is a Payable Document?
5-In which table we can find the vendor number?
6-Give the cycle from creating an invoice to transferring it to GL in AP.
7-What are the different types of Invoices in Payables?
8-You have created a new SOB. How will you attach this SOB to AP?
9-can we create invoice without PO in payables? then how?
10-In AP the suppliers didn¿t visible in India Creditors Ledger Report Parameter?
11-What will accrue in Payables?
12-What is a Hold? Explain the types of Hold.
13-Which module is the owner of Vendor/Supplier tables?
14-What is Payment Terms?
15-How many key flexfields are there in Payables?
16-What is the Distribution Type while entering the Invoice?
17-What are the Prepayment types?
18-What is Aging Periods?
19-Whats the difference between the "Payables Open Interface Import" Program and the "Payables Invoice Import" program?
20-What is prepayment & steps to apply it to an Invoice?
21-Can you hold the partial payment if yes then how?
22-How you will transfer payables to general ledger?
23-What program is used to transfer AP transactions to GL?
24-What is use of AP Accounting Periods?
25-What are the different interface programs in AP?
26-What is Debit Memo & Credit Memo in Payables?