Accounts Payable

 

 

 

 

 

 

Name of Course: Accounts Payable


Target Audience

This structured training program covers all the key areas of an Accounts Payable role. Programme designed in providing individuals with an in-depth understanding of how to manage your purchase ledger effectively, you will be better placed to improve the accuracy of data input and reduce the costs of your AP department.
Small classroom based type workshops with the option for 1-2-1 tuition at our Central London training centre.

Course Content: 

Key points will consist of:

  • Understanding the importance of your role
  • Understanding the role of auditors and what you can do to prepare for their visit
  • Internal checks and controls; error and fraud prevention and detection
  • Setting up new supplier accounts
  • Performing supplier statement reconciliations
  • Processing expense claims and credit card statements
  • Capital and revenue expenditure
  • Introduction to VAT and non-deductible items
  • Processing pro-forma invoices & VAT payment schedules
  • Monitoring costs, reclaiming credit notes, rebates and overpayments
  • Claiming settlement discounts
  • Spotting errors and mistakes promptly and avoiding duplicate payments
  • Journals, prepayments and accruals
  • Performing supplier statement reconciliations
  • Reviewing the Aged Creditors Listing
  • Monitoring costs
  • Managing Budgets and maximising supplier discounts 
  • Cash Forecasting
  • Month end and year end procedures, the purpose of management accounts
  • Effective filing
  • Paperless AP technology

Type:

Theory & Practical Exercise

Duration:

12 Hours

Who is it for?

This course is ideal and recommended for Accounts Payable (Purchase Ledger) team leaders who have a minimum one year years’ experience or who is new to Purchase Ledger Supervisor roles or new Accounts Assistants   

Requirements:

There are no prerequisites or entry requirements, as long as you want to get more experience in the field of Accounts Payable, this is the right place for you.

Career path:

Accounts Payable Team

Awarded by:

Informal assessment will take place through group discussion, class room activities, and questions and answers sessions as guided by your tutor.
Course Completion Certificate awarded by Acudemy

Qualification:

 

Financial Options:

Further discounts for upfront payment
Instalments also available 

Go Back