Interviewer And Interviewee Guide

PeopleSoft Financials Interview Question:

What are main business process of Accounts Payable?

Submitted by: Administrator
Payables Business process overview:

Create Vouchers and payments process using manual and
automatic processes.
Country specific tax withholding
Matching the vouchers with the purchase orders and receipts
Post the vouchers
Maintain vouchers throughout their life cycle.
Create drafts, single voucher payment, prepayments, and
self-billed invoices.
Optionally, send electronic payments to PeopleSoft
Financial Gateway.
Analyze accounts payable information using online
inquiries, and by generating reports.
Archive accounts payable data.
Submitted by: Administrator

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