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Accounts payable & Procure to Pay guide - 200 Q&A Test

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  • 287 Students
  • Updated 10/2023
4.3
(54 Ratings)
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Course Information

Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
0 Hour(s) 57 Minute(s)
Language
English
Taught by
Sonu Thomas
Rating
4.3
(54 Ratings)
3 views

Course Overview

Accounts payable & Procure to Pay guide - 200 Q&A Test

Learn AP and P2P in a structured manner. Practice Test - 200+ Questions and Answers to Test your knowledge.

Updated in Oct 2023 - <<< New section added >>>

2 Practice Tests - 200+ Questions and Answers to Test your knowledge. 


This course covers the Procure to Pay / Accounts Payable process in a structured manner for every business - 3P MODEL

  • P1 - Procurement

  • P2 - Processing

  • P3 - Payment

~ The concepts are easy to remember and recollect and useful for every business.

~ Best course to learn Procure to pay concepts in less than an Hour.


This course offers 2 segments of learning - Online and offline

  1. Online - Videos explaining all the key aspects of procure to pay. Process overview, Vendor management, Procurement, Invoice processing, Documentation, Payment accounting, Controls, Payment modes, Month close reviews etc.

  2. Offline - Downloadable resources - TWO

    ~ One PDF containing all interview questions and answers including scenario-based questions.

    ~ Another PDF containing relevant accounting Journal entries


  • This course has information or questions and answers relevant for all stages of your career - beginner, mid-level or senior levels.

  • This course is designed in a simple layman language and anyone who doesn't have prior knowledge also can understand the basic concepts and controls in accounts payable, to perform better in your current role and in job interviews as well.

  • As a Finance leader who has been managing large teams, I am always involved in selecting the right candidates for the roles. This first-hand experience of the questions asked, and answers given during such interviews forms the basis of this course and the downloadable PDF

  • Over the years, I have seen that the candidates are under prepared or do not provide answers in a confident manner. I felt the need to consolidate all the questions and answers which can act as a guide.

  • Preparation guarantees performance and this course will be a useful refresher and reference point for any clarifications and for last minute preparation before you attend any accounts payable interviews.

  • This course can also be used for induction training for Accounts payable team


Course Content

  • 10 section(s)
  • 27 lecture(s)
  • Section 1 INTRODUCTION
  • Section 2 3P's - PROCUREMENT
  • Section 3 3P's - PROCESSING
  • Section 4 3P's - PAYMENT
  • Section 5 MONTH CLOSE REVIEWS
  • Section 6 ACCOUNTING ENTRIES
  • Section 7 PRACTICE TEST - TEST YOUR KNOWLEDGE
  • Section 8 INTERNAL CONTROLS
  • Section 9 TRAVEL EXPENSE - HIGH LEVEL OVERVIEW
  • Section 10 Downloadable Resources

What You’ll Learn

  • Equip you with the most relevant information for Procure to Pay process and answers for interview questions for Accounts payable and procure to pay roles
  • Prepare you for the next big role in Procure to Pay and Accounts Payable
  • You will have the competitive advantage over other potential candidates
  • Considered as a subject matter expert and become a valuable resource in Procure to Pay and accounts payable for any business
  • Have a fair idea of the best practices in Procure to pay and accounts payable process
  • You will understand the importance of all critical internal controls and Sox controls in Procure to Pay process and become more control conscious
  • Downloadable resources - One PDF containing all interview questions and answers for offline reading


Reviews

  • S
    SHAHID AHMED PATEL
    5.0

    Dear Thomas Sir, Thanks for your precious efforts Sir. I have no words of appreciation to your expertise and vast experience which clearly shown in every video of training session with realtime examples to to understand even by a fresher with no financial background like me.

  • B
    BZ Train Main
    3.0

    Informative Information to learn about AP

  • S
    Shraddha Awhad
    4.5

    This course was really good.. Informative…thanks

  • T
    Ti Reese
    3.5

    This was my first introduction to accounts payable and I did get the basic understanding of what is going on in P2P.

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