23-06-2008, 12:27 PM
| | | | Join Date: Feb 2008 Location: Bangalore
Posts: 39
| |  Accounts Payable interview questions
Hi friends,
I need Account payable interview question and answer.
I dont about the accounts payable, so i need help from my citehr friends.
Please if you have A/P and A/R details please forward to my mail id 
Please send as soon as possible
Thanks
Hemanth |
23-06-2008, 05:39 PM
| | | | Join Date: Feb 2008 Location: India
Posts: 26
| |
Hi,
Check out the following link for Finance Related Interview Questions: Interview Mantra: Finance
Regards,
Sanjeev |
24-06-2008, 09:16 AM
| | | | Join Date: Feb 2008 Location: Bangalore
Posts: 39
| | Hi sanjeev
There is no answers for that questions Quote:
Originally Posted by sanbatra  | |
26-06-2008, 05:29 PM
|  | | | Join Date: May 2008 Location: in the heart of my jaan
Posts: 234
| |
You may like to try threats posted in "Financial Management" regarding Accounts Receivable and Accounts Payable, hopefully the requisite information would be available there. Thanks, If problem still persists, please write me at 
__________________
* Confidence does not come from having all the answers, it comes from being open to ask all questions
* Even the weakest ink is stronger than the strongest memory
|
27-06-2008, 08:46 AM
| | | | Join Date: Feb 2008 Location: India
Posts: 26
| |
Hi hemantharun,
I got this link from a friend so I posted the link here.
if any one knows the answers then he/she can post them there in the comments. Quote:
Originally Posted by hemantharun There is no answers for that questions | |
27-06-2008, 09:37 AM
| | | | Join Date: Jun 2008
Posts: 8
| |
hi friend,
i hope this will help u, |
28-06-2008, 09:25 AM
| | | | Join Date: Feb 2008 Location: Bangalore
Posts: 39
| |  Hi friend
It is very very helpful yar, pls continue like this...  Quote:
Originally Posted by goutam tanty hi friend,
i hope this will help u, | |
04-07-2008, 04:03 PM
| | | | Join Date: Dec 2007 Location: Pondichery
Posts: 353
| |  Accounts Payable - AP
Accounts Payable - AP An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable entry is found on a balance sheet under the heading current liabilities.
Accounts payable are often referred to as "payables".
Another common usage of AP refers to a business department or division that is responsible for making payments owed by the company to suppliers and other creditors. Accounts payable are debts that must be paid off within a given period of time in order to avoid default. For example, at the corporate level, AP refers to short-term debt payments to suppliers and banks.
Payables are not limited to corporations. At the household level, people are also subject to bill payment for goods or services provided to them by creditors. For example, the phone company, the gas company and the cable company are types of creditors. Each one of these creditors provide a service first and then bills the customer after the fact. The payable is essentially a short-term IOU from a customer to the creditor.
Each demands payment for goods or services rendered and must be paid accordingly. If people or companies don't pay their bills, they are considered to be in default. Quote:
Originally Posted by hemantharun Hi friends, | Quote:
Originally Posted by hemantharun I need Account payable interview question and answer. I dont about the accounts payable, so i need help from my citehr friends. Please if you have A/P and A/R details please forward to my mail id Please send as soon as possible Thanks Hemanth |  |
04-07-2008, 04:05 PM
| | | | Join Date: Dec 2007 Location: Pondichery
Posts: 353
| | Accounts Receivable - AR
Accounts Receivable - AR Money owed by customers (individuals or corporations) to another entity in exchange for goods or services that have been delivered or used, but not yet paid for. Receivables usually come in the form of operating lines of credit and are usually due within a relatively short time period, ranging from a few days to a year.
On a public company's balance sheet, accounts receivable is often recorded as an asset because this represents a legal obligation for the customer to remit cash for its short-term debts If a company has receivables, this means it has made a sale but has yet to collect the money from the purchaser. Most companies operate by allowing some portion of their sales to be on credit. These type of sales are usually made to frequent or special customers who are invoiced periodically, and allows them to avoid the hassle of physically making payments as each transaction occurs. In other words, this is when a customer gives a company an IOU for goods or services already received or rendered.
Accounts receivable are not limited to businesses - individuals have them as well. People get receivables from their employers in the form of a monthly or bi-weekly paycheck. They are legally owed this money for services (work) already provided.
When a company owes debts to its suppliers or other parties, these are known as accounts payable Quote:
Originally Posted by hemantharun Hi friends, | Quote:
Originally Posted by hemantharun I need Account payable interview question and answer. I dont about the accounts payable, so i need help from my citehr friends. Please if you have A/P and A/R details please forward to my mail id Please send as soon as possible Thanks Hemanth | |  | Similar Topics SAP AR & AP notes
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