@@AccountsGurukul Dear Sir, Could you please help me in preparing accounts payable interview questions, i would like to switch for higher level position, I am interested for the training from you.
Sure..... will come up with interview questions on accounts payable and invoice processing in this week and will create many more related to accounts payable. Thanks
Very well explained sir in clean and simple manner. I have worked in AP for 3.5 years but took break for marriage and kids. Now again want to start my career. I watched your video for first time. Hope watching your videos may help me recollect the concepts again. Thank You. 😊. Need an advise sir i have taken a break for 8 years, what is the scope for me to get a job in AP again.
Revisit all the concepts of accounts payable and update required skills. Reach us on our email I'd accounts.gurukul@yahoo.com if need any assistance. Thanks a lot.
Are you talking about vendor payment or tds? If vendor payment then its on agreed payment term and since invoice received after two years means its issues at vendors end. From TDs stand point if the provision is not in the books then you have to deduct tds and pay but these expenses going to consider as disallowed expenses.
Its depend upon the agreement what you have with vendor either the day when you have received goods at your premises or the date when you have received invoice. At the end we need invoice to do the payment so if payment term from the date goods received then you can create a provision in books and do payment once its due and you have invoice.
Happy to know that. Do let me know if need any further clarifications on any concept related to accounting and finance. You can reach us on our email I'd accounts.gurukul@yahoo.com thanks
Brother, You have to maintain it because of good cash flow or bad cash flow. If you don't have money to pay at the point of time. Because of many expenses incurred. So, You have to maintain it. Hope you understand brother.
