ACCOUNTS PAYABLE: INVOICE PROCESSOR INTERVIEW QUESTIONS AND ANSWERS FOR EXPERIENCED PERSON😇

[@vedsant3624]

awesome sir👌

[@arkuddin8045]

Hii sir
What is buffer limit in invoice sir
Could you plz explain

[@AccountsGurukul]

Sorry not able to understand can you please elaborate more. Thanks

[@arkuddin8045]

@@AccountsGurukul sir when if there is any difference in price then we will check buffer limit
What it's mean of buffer limit

[@AccountsGurukul]

Its depend upon what we have agreed with our finance team. Giving example if we agreed that the difference between PO amount and invoice amount equal to or less than 5% of invoice amount is then will accept that invoice to process the payment and if its more than that then will reject it. Every company has their own criteria to define the buffer limit while processing the invoices. Thanks

[@arkuddin8045]

@@AccountsGurukul ok sir tq

[@AccountsGurukul]

Its our pleasure.

[@mohdidreez2089]

Sir goods received but invoice received after due date should we process or reject?

[@AccountsGurukul]

Since we have received the goods so we are liable to do the payment of that invoice and hence we have to process that invoice. Thanks

[@mohdidreez2089]

@@AccountsGurukul This is applicable even for Non po invoice? services complete but invoice not received

[@AccountsGurukul]

Yes but if its for service its essential to have considered provision for expenses while year end else that expenses going to be disallowed expenses while doing calculations for income tax. Thanks

[@ss5278]

Hello sir how u doing
Sir invoice processor resume please 🙏

[@AccountsGurukul]

Thanks doing great. Will upload video in coming week for sure.

[@AccountsGurukul]

Request you to please refer our new video on how to create invoice processor resume.
ua-cam.com/video/NL6iUMjxfdg/v-deo.html