Accounts Payable Interview Question:

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

Submitted by: Administrator

Following steps should be taken..

► Validate the invoice once it is matched for checking any holds..

► If workflow is implemented , initiate approval for the invoice. Once the invoice is approved/Approval not required(status in case WF is not implemented) you can go for payments.

► Create accounting after approval of invoice..

Finally for payments u need to format, build.
Submitted by: Administrator