Accounts Payable Job Interview Questions

▼

uestion

What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

Question Submitted by: Admin

Post New Question.

Rate This Question:

4/5 Rating (1 vote)

Question Published at Thursday, 01 July 2010 in Category Accounts Payable. Question Visited: 333 Times.

Answer

# 1	Excess payment to supplier is treated as Advance paid to supplier. This will show as debit balance in supplier account. Supplier can send the payment by way of cheque / demand draft without adjusting in his subsequent bills.

Answer Submitted by: Admin

Is This Answer Correct?

15 Yes

2 No

Answer

# 2	If you have paid excess amount to supplier, then you can raise a credit note against the invoice to that supplier then supplier will make the payment against that Cr. note to you.

Answer Submitted by: Mayur Upare

Is This Answer Correct?

0 Yes

0 No

Previous Interview Question	Next Interview Question
What is the difference between Consignor and Consignee?	What is the meaning of invoice?

Top: What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

Most Frequently Asked Accounts Payable Interview Questions

☺	What is the difference between billable and non-billable expenses?

☺	What steps would you take before approving an invoice for payment?

☺	What is the difference between Consignor and Consignee?

☺	1. If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now. How it possible? 2. What about VAT like Tax Setups in AP and AR? 3. what about the SWEEP command in AP?

☺	What are steps to define supplier?

Top Frequently Asked Accounts Payable Question

Frequently Asked Accounts Payable Job Interview Question

Most Frequently Opened Interview Questions Sub Cateories in Business and Economy

☺	Accounts Payable Interview Questions and Answers Guide

☺	Accounts Receivable (AR) Interview Questions and Answers Guide

☺	Audit Interview Questions and Answers Guide

☺	Accounting Interview Questions and Answers Guide

☺	BPEL Interview Questions and Answers Guide

Top Frequently opened Business and Economy Job Interview categories

Most popular Business and Economy Job Interview categories

Comments About What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?

Share your valuable opinions, ideas and suggestions about What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
While placing your comment your email address is required but won't be published any where else; Personal information will be kept confidential; we do not sell or release our respective visitors private information.

Webmaster 23rd of May 2012

Tell us what you feel about What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
All comments will be published after review. No login or registration is required to post a comment on What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps? We offer and invite you to submit your valuable comment now; Please be respectful of others when commenting. Insulting others, self-promotional comments, website promotional comments, marketing stuff, SEO Techniques, SMS-style content and off-topic comments will not be approved at this information portal.
So start sharing your thoughts regarding What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
Thank you.

Reply