Frequently Asked Questions for Accounts payable

An accounts payable assessment is a tool that is used to evaluate the knowledge, skills, and abilities of individuals who are seeking employment in the accounts payable function or for those who are already working in this area. It can also be used by organizations to assess the suitability of candidates for accounts payable roles within their organization or to evaluate the performance of their current accounts payable staff.

This test will help you to identify individuals who can maintain meticulous records, process invoices, and ensure that accurate documents are maintained for payment. An accounts payable assessment is typically used as part of the hiring or promotion process for accounts payable positions. It can help employers to identify candidates with the necessary knowledge, skills, and abilities to succeed in an accounts payable role.

  • Finance Manager
  • Accountant
  • Accounting Clerk
  • Assistant Accountant

  • Finding missing information
  • Recording transactions
  • Ratios
  • Basic Accounting principles
  • Reconciling accounts payable

  • Processing vendor invoices: This may involve reviewing vendor invoices for accuracy, coding them to the appropriate general ledger account, and entering them into the organization’s accounting system.
  • Managing vendor relationships: An accounts payable professional may be responsible for communicating with vendors to resolve billing issues or to obtain additional information as needed.
  • Processing employee expense reports: An accounts payable professional may be responsible for reviewing and processing employee expense reports and reimbursing employees for expenses that are incurred in the course of their work.