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Accounts Payable

Certificate and professional course booklet offered


Acudemy

Summary

Price
Save 40%
£300 inc VAT (was £500)
Or £50.00/mo. for 6 months...
Offer ends 30 June 2021
Finance options

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

We offer an interest-free installment...

Study method
Online with live classes
Duration
2 days, Full-time
Qualification
No formal qualification
CPD
12 CPD hours / points
Additional info
  • Tutor is available to students

61 students enquired about/purchased this course

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Dates

Start date
End date
06/09/2021
07/09/2021
06/12/2021
07/12/2021

Overview

Accounts Payable is the business process that is responsible for preparing an organisation financial reports, it is important that all individuals working within your accounts payable departments are trained. When you have the right training in place, the output will be a well organised Accounts Payable department that matches up with the overall objectives of the company. This training program will provide individuals with a comprehensive overview of Accounts Payable and how it can be managed effectively within an organisation.

CPD

12 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

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

Who is this course 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

Questions and answers

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FAQs

What does study method mean?

Study method describes the format in which the course will be delivered. At reed.co.uk 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.

What are CPD hours/points?

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.co.uk, many of which can be completed online.

What is a ‘regulated qualification’?

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.

What is an ‘endorsed’ course?

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.