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Accounts Payable : Streamlining Your Financial Processes

Accredited course | Virtual Live Classroom | 0% Interest Free payments available


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Summary

Price
Save 50%
£450 inc VAT (was £900)
Offer ends 30 April 2024
Finance options

Payment can be made through BACS, cheques, card or cash.

0% Interest Free payments available.

Study method
Online + live classes
Duration
1 day · Full-time
Qualification
No formal qualification
CPD
12 CPD hours / points
Additional info
  • Tutor is available to students

69 students enquired about this course

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Dates

Start date
End date
09/05/2024
09/05/2024
05/08/2024
05/08/2024
04/11/2024
04/11/2024

Overview


Our course provides an in-depth understanding of Accounts Payable management, covering essential areas such as invoice processing, vendor management, payment procedures, and financial reporting. By enrolling in this course, you'll acquire practical skills and knowledge to streamline and manage Accounts Payable processes effectively within your organisation.

Elevate your career with our Accounts Payable course and become an invaluable asset to your company's financial department. Sign up today and take the first step towards a more organised and efficient Accounts Payable department.">

Boost your Accounts Payable expertise with our comprehensive training course, specifically designed for the UK market. Accounts Payable is a crucial cog in the financial machinery of any organisation. It not only plays a pivotal role in financial reporting but also in aligning the company’s objectives.

Our course provides an in-depth understanding of Accounts Payable management, covering essential areas such as invoice processing, vendor management, payment procedures, and financial reporting. By enrolling in this course, you’ll acquire practical skills and knowledge to streamline and manage Accounts Payable processes effectively within your organisation.

Elevate your career with our Accounts Payable course and become an invaluable asset to your company’s financial department. Sign up today and take the first step towards a more organised and efficient Accounts Payable department.

Some recent reviews about our Accounts Payable Training:

  • ''Great, we went through what to expect at the start and it certainly met all the criteria in great depth! It was great having the workbook and slide show to hand to read through as it was shared in the training as well.'' - Lauren W

CPD

12 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

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

Who is this course 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.

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 Assistant
  • Accounts Payable Supervisor
  • Accounts Payable Team Leader
  • Purchase Ledger Controller
  • Accounts Payable Specialist
  • Accounts Payable Coordinator
  • Accounts Payable Manager.

Questions and answers

Reviews

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.