Accounts Payable

£700.00
£450.00
  • 1 day
  • Theory & Practical
  • Select a venue

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  • Course Overview

    This training course is dedicated to enhancing the skills and knowledge of individuals in the Accounts Payable department. Accounts Payable is a vital business process that plays a significant role in preparing a company’s financial reports. With the right training, an organisation can achieve a well-organised Accounts Payable department that aligns with its objectives. This program offers a comprehensive overview of Accounts Payable management and covers key areas like invoice processing, vendor management, payment procedures, and financial reporting. By taking this course, participants will gain practical skills and knowledge to manage Accounts Payable processes effectively within an organisation.

    This course can also be offered as on-site delivery. Please enquire for more details.

  • Course content

    Key points that will be covered:

    • Understanding the importance of your role
    • Capital and revenue expenditure
    • Setting up new supplier accounts
    • Introduction to VAT in relation to the Accounts Payable role
    • Key considerations when processing invoices and credit notes
    • Spotting errors and mistakes promptly and avoiding duplicate payments
    • Maximising supplier discounts
    • Performing supplier statement reconciliations
    • Reviewing the Aged Creditors Listing
    • Internal checks and controls; error and fraud prevention and detection
    • Understanding the role of auditors and what you can do to prepare for their visit
    • Paperless AP technology
  • Next Running Dates

    Virtual Live Classroom

    • 9th May 2024
    • 5th August 2024
    • 4th November 2024
  • 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.

    Everyone who completes the course gets:

    • A certificate (Accredited certificate and on success of your assessments where applicable)
    • A manual as your resources tool
  • FAQs

    Who’s it for?

    This course is designed for individuals who are interested in expanding their knowledge and skills in the field of Accounts Payable. Specifically, this course is suitable for individuals who are currently working or intend to work in an Accounts Payable department.

    This may include Accounts Payable clerks, supervisors, managers, and other professionals who are responsible for managing the Accounts Payable process in an organisation.

    The course is also suitable for finance professionals and business owners who want to gain a better understanding of Accounts Payable and its role in financial reporting. Overall, this course is an excellent opportunity for individuals who want to enhance their knowledge of Accounts Payable and learn how to manage the process effectively in an organisational setting.

    What are the Course 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.

    What will be the Career Path?

    • Accounts Assistant
    • Accounts Payable Supervisor
    • Accounts Payable Team Leader
    • Purchase Ledger Controller

     

    Are any Financial Options Provided?

    • 0% Interest Free payments available.

     

    What is provided with the Course?

    • Course Material
    • Recording of Training
    • Aftercare Course Support

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