Accounts Payable

Workshop Overview

This 16-hour workshop will teach you the basics and advanced skills needed to manage accounts payable (AP) effectively.
You will learn through lectures, hands-on activities, and real-life examples, making sure you leave with both knowledge and practical skills.

Breakdown

13 Workshops
16 Hours

What You’ll Learn

Invoice Processing Under Pressure:
Learn how to handle invoices quickly and accurately, including matching invoices with purchase orders and delivery reports. We’ll show you how to use ERP systems like ODOO to make the process easier.
Building Supplier Partnerships:
Understand how to work closely with suppliers, focusing on things like performance tracking, managing contracts, and good communication. You’ll learn from real supplier case studies.
Fraud Detection Drill:
Practice how to spot and prevent fraud by using tools like data analysis and forensic accounting. You’ll learn how to identify warning signs and protect your company’s finances.

Key Skills

Accounts Payable Process

Learn the basic steps of the accounts payable process, like creating orders, checking invoices, making payments, and keeping records.

Invoice Verification & Documentation

Practice checking invoices against orders and delivery reports to make sure everything matches.

Vendor Relationship Management

Learn how to build good relationships with suppliers and communicate with them effectively.

Payment Terms & Discounts

Understand how to figure out payment dates and how to calculate discounts for paying early.

Aging Reports

Learn how to read aging reports, find overdue invoices, and manage money flow.

Internal Controls & Best Practices

Understand the rules to follow to prevent mistakes or fraud and keep accounts accurate.

Case Study & Process Improvement

Look at real-life examples to understand how things work and suggest better ways to do things.

Take The First Step Today!

Join a community of learners and professionals ready to teach you by doing.