Question

Can you please tell me the day to day routine of an accounts payable clerk? Also what kind of questions will be asked during an interview?

Thanks.

Answer 1

Accounts payable clerk:

(1) Making an ageing schedule of payment

(2) Keeping record of discount to be availed if earlier payments are made

(3) keep a record of deadlines of availing a cash discount

(4) Keep a proper record of legal notices and other documentary work

(5) Ensure timely compliance of the payment schedule

Some questions that may be asked during an interview are

1- what are accounts payable

2- how maximum advantages can be availed using proper accounts payable management system

3-what is cash discount

4- whether it is beneficial to avail cash credit or pay after the due date