What:
Accounts payable is an important part in accounting or finance department that require good management, understanding and knowledge of internal controls, technical information, laws, standards and acceptable practices. This helps in enabling staff to perform their duties efficiently and effectively.
Accounts payable should have the capability and skills to enable the company to process the payment competently, which is central to any organisation’s success as finances form an integral part of every company. If internal controls over accounts payable and expenditure transactions are weaker, the risks of misstatements will be considerable. For any organization to find a person who is efficient and responsible for this role, an online examination system will be a great way to recognize a candidate with these qualities.
Some of the key competencies that you as an employer should look for in accounts payable are:
> Receive and verify invoices and requisitions for goods and services data
> Enter invoices for payment
> Maintain listing of accounts payable
> Maintain updated vendor files and file numbers
> Verify pay amounts, hours of work, deductions, etc
> Verify coding and obtain signatures
> Batch paysheets for data entry
> Data enter of payroll information
Apart from this, sincerity, honesty, team work and commitment are other key aspects a accounts payable needs.
As a recruiter or an employer, it is important for you to find out an able accounts payable through accounts payable test online. The Assesshub’s online assessment test helps you not only save time, but also to shortlist candidates with precision on this examination system.
Why:
An accounts payable is accountable for finishing payments and controlling expenses by receiving, processing, verifying, and reconciling invoices. Their role is crucial for making sure finances are accurate and up to date, that staff is paid in a timely manner and that vendors and suppliers are paid within established time limits.
Recent researches have stated that accounts payable is mandatory for every company to run smoothly because finances are one of the most significant part of an organization. It is a must to employ a person who is organizing and prioritizing, has attention to detail and accuracy, maintains confidentiality, has judgment, possesses good communication skills, has information management skills, is equipped with problem-solving skills and can meet deadlines.
The online accounts payable test will demonstrate proficiency and excellence at various positions, as per your company’s requirement.
How:
The accounts test online by Assesshub helps you recognize a candidate’s potential to be an able accounts payable. This test covers the concepts related to Assets, Cash Management/Reconciliation, Controls, Expenses, Purchases, and Recording as they are central to accounts payable.
The accounts test online allows you to assess the candidates on the identified competencies and gauge their appropriateness as well as efficiency for being hired as accounts payable.
Main Advantage:
Assesshub’s assessment and tests helps evaluate the potential required to fulfill the basics of an accounts payable. The accounts payable knowledge test assesses a candidate’s knowledge of processing payables and vendor invoices and the posting of journal entries. It is designed for candidates working extensively in accounting profiles or those who handle the processing of accounts payable.
