How to Answer: We use the accrual method for our invoicing. Are you familiar with this process?
Advice and answer examples written specifically for an Accounts Payable Clerk job interview.
20. We use the accrual method for our invoicing. Are you familiar with this process?
How to Answer
You want to confirm you familiarity with accrual invoicing by explaining what it is and how you have used it in past jobs. Define the accrual process: "When using the accrual method of accounting the expense is reported in the accounting period in which the service occurred, not the period in which it is paid..."
More importantly, get specific when describing your job responsibilities and experiences that involve using the accrual method. This is the best way to show the interviewer that you are comfortable and confident with using this method and that you can use these skills to benefit the company if you're hired.
Answer Example
"When using the accrual method of accounting the expense is reported in the accounting period in which the service occurred, not the period in which it is paid..."
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