Date created: 2020-07-05 16:23:37

Subject: SELF STUDY course: Accounts Payable Process - Accounting, Business and Computer courses available now

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What you get:

Immediate access to all the digital files, presentations, PDFs that comprise this course.

Course description

Accounts payable and its management is a critical business process through which an entity manages its payment obligations effectively.

The object of accounts payable is to pay only business expenses, and invoices that are legitimate and accurate.

Put in place internal controls to minimize the risk of fraud, error and loss.

The purpose of the accounts payable process is to ensure that valid supplier and vendor invoices are properly recorded and promptly paid by the business.

Topics covered

  • Why is Account Payable important and how it adds value to your business
  • Key Accounts Payable Controls
  • Processes, Systems and Procedures
  • Organizational Accounts Payable Policy
  • Year-end reporting requirements
  • Methods of ensuring consistency with your Accounts Payable functions
  • Processing Methods
  • Accounts Payable Management Reporting tools
  • Data Capture, Workflow Processes and Document Control Management
  • Electronic invoices, purchase orders and shipping documentation
  • Transactions: from initiating purchase order to completing invoice payment
  • Simplifying Standard Internal Procedures
  • Accruals and Provisions: effectively use methods during close-off periods
  • Streamline management reports and reduce unnecessary information
  • Year-end close-offs and the importance of a check list
  • Reconciling your Accounts Payable accounts
  • How to prevent duplicate payments
  • How to reduce unallocated payments
  • Your filing system - ensuring your information is ready for your auditors
  • Vendor information you are required to have
  • Procurement policies and procedures with overview


Buy this course online


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  1. Accounts Payable Process - R3995
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2021.04.23 10:53:09

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We sell Accounting, Business, Financial and Computer self study courses

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