BASICS OF ACCOUNTS PAYABLE

This course provides an introduction to the essential concepts and practices involved in managing accounts payable processes within an organization. It is designed for individuals who are responsible for processing and managing invoices, maintaining vendor relationships, and ensuring accurate and timely payment of financial obligations.

Duration : 2 Saturdays
Fee : $400

LEARNING OBJECTIVES

  • Understand the role of accounts payable in the financial management of an organization.
  • Effectively record and track accounts payable transactions.
  • Implement best practices for managing vendor relationships.
  • Streamline the invoice processing workflow.
  • Select appropriate payment methods and manage cash flow.
  • Utilize technology and software for efficient accounts payable management.
  • Apply internal controls to prevent fraud and errors.