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Complete Accounts Payable (London)

The most complete Accounts Payable course with rich contents and tutor support

Acudemy

Summary

Price
£1,600 inc VAT
Finance options

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

We offer interest-free installment plan.
Study method
Classroom
Duration
5 days · Full-time
Qualification
No formal qualification
Certificates
  • Certificate of completion - Free
Additional info
  • Tutor is available to students

Location & dates

Location

Address
Grays Inn Road
Central London
London
WC1X8RH
United Kingdom
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Overview

This structured training program covers all the key areas of an Accounts Payable role. Programme designed in providing individuals with an in-depth understanding of how to manage your purchase ledger effectively, you will be better placed to improve the accuracy of data input and reduce the costs of your AP department. Small classroom based type workshops with the option for 1-2-1 tuition at our Central London training centre.

Description

Key points which will be covered:

• 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
• Cash Forecasting

• Performing supplier statement reconciliations
• Reviewing the Aged Creditors Listing
• Monitoring costs
• Managing Budgets and maximising supplier discounts
• Effective filing
• Paperless AP technology
• An overview of the profit and loss account and balance sheet
• Understanding the importance of reporting all transactions accurately
• Incorporate KPIs such as working capital and the current ratio which relates to having the cash available to pay debts
• Cash flow forecast
• Month end and year end procedures, the purpose of management accounts
• Journals, prepayments and accruals

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

Senior Accounts Payable

Accounts Payable Supervisor

Accounts Payable Team

Questions and answers

Certificates

Certificate of completion

Digital certificate - Included

Reviews

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

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.
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Similar subjects: Accounting, Accounting and finance